The video provides actionable, relatable financial tips that resonate with a young audience aiming for financial independence. The creator's personal success story and clear breakdown of strategies make the advice seem achievable.
Summary
A 24-year-old shares her strategies for saving her first $100,000, highlighting key financial habits. She emphasizes avoiding car payments, working during college to avoid student loans, manually tracking spending, using credit card points for travel, minimizing beauty expenses, eating out only on weekends, keeping money in a high-yield savings account, investing in ETFs, and working multiple jobs to increase income.
Structure
1Introduction and goal setting
2No car payment
3Working through college to avoid loans
4
Original caption
big day meeting goals over here 😝😝😝 #financialfreedom #financialliteracy #savingmoney #savingmoneytips #finance101 @Fidelity Investments @Capital One @Olive & June
More from @savannahraebryant
More breakout videos from this creator.
Manually tracking spending
5Using credit card points for travel
6Minimizing beauty expenses and eating out
7High-yield savings account
8Investing in ETFs
9Multiple income streams
Product placement
Capital One: ACTS - it is a high yield savings account where the creator makes interest. Removing it would change the video's explanation of how she saves money. Fidelity Investments: ACTS - it is an investment account where the creator invests in ETFs. Removing it would change the video's explanation of how she saves money. Olive & June: APPEARS - it is mentioned in the caption as a brand the creator uses for press-on nails. Removing it would not change what happens in the video.
On-screen text
how i saved
i'm 24 years old
how i saved my first
$100,000 at the age of 24
and as of today
i've just officially
saved my first $100,000
and here are all the
helped me save money
while still doing
what i wanna do
if you've been
you know that one of
my big goals this year
hundred thousand dollars
so i am super excited
that i was able to do that
go ahead and get this
no i never received a
handout from my parents
for starters i do not
1. no car
have a car payment
1. no car payment
i bought a cash car
back in like 2022 2023
is it nice not exactly
but it gets me from
point a to point b
2. worked during college
i worked in college i
worked probably 30
hours a week in college
i nanny i worked at chick fil a
i served i did a bunch
of random things
so that i wouldn't have
to take out student loans
so i came out of college
with no loans
i paid like $9,000 a semester
for school
a private college
for a degree that i'm
no longer even using
3. manually track
i manually track what
my monthly spending
i'm spending each month
because if you're not
looking at it
it's so easy to tap apple
pay and swipe a card
and if you actually
you're gonna be much
more conscious
of where your money is
4. credit card for everything
i put everything on a
credit card
POINTS!!!!
so that i can travel for free
i wanna go to south
of france next year
already priced it out
we're pretty much gonna
go on this entire week and a half
two week trip to france
and italy for free with
credit card points
5. no "beauty" expenses
don't get my hair done
i don't get my nails done
i do press ons i'm the
biggest olive and june press on fan
these last for two
weeks they're like 5
10 bucks don't eat out
5. only eating out on weekends
i don't do a lot of fast food
i think a lot of people
i'm just gonna like grab
a quick fast food bite
it adds up so quickly
and you don't really realize
all of my money
in a regular checking or
i keep a hefty amount
of my money in a capital one
high yield savings account
where i'm making like
150 a month in interest
and that's just free free money
6. etf investments
everything else is in my
fidelity investment account
investment account this
month last year not really knowing
i invest only in etfs
like the s&p 500
qqq vm o v i whatever
there's a bunch of
that are not gonna make you
as much money as
individual stocks
but also don't
have the ability to
maybe lose you as much
money as other stocks
i'm already up forty five
hundred dollars just
on my investments alone
7. multiple income streams
i also work multiple jobs
i don't think i've had one
single stream of income
ever actually
this time last year i was
teaching and owning a
cofee cart
and doing like some random
things here and there
and i think i made like
$55,000 in the year
and now this year
i do marketing
i did some education
i own a business
i do content creation
i do client relations
and i think so far i made
about $95,000 this year
this was a really big goal for me
so i'm really excited
watch this long
thanks for watching thanke
for supporting my content
because a lot of what i
year was content money
extra income essentially
love island reference IYKYK
it's like big day for
girl but big day for say
Transcript
I'm 24 years old and as of today I've just officially saved my first $100,000 and here are all the things that helped me save money while still doing what I wanna do. If you've been, you know that one of my big goals this year was save my first $100,000. So I am super excited that I was able to do that. Go ahead and get this. No, I never received a handout from my parents. For starters, I do not have a car payment. I bought a cash car back in like 2022, 2023. Is it nice? Not exactly, but it gets me from point A to point B. I worked in college. I worked probably 30 hours a week in college. I nanny, I worked at Chick-fil-A, I served, I did a bunch of random things so that I wouldn't have to take out student loans. So I came out of college with no loans. I paid like $9,000 a semester for school. A private college for a degree that I'm no longer even using. I manually track what I'm spending each month because if you're not looking at it, it's so easy to tap Apple Pay and swipe a card. And if you actually, you're gonna be much more conscious of where your money is going. I put everything on a credit card for everything POINTS!!!! So that I can travel for free. I wanna go to South of France next year. Already priced it out. Me and Brandon have pretty much gonna go on this entire week and a half, two week trip to France and Italy for free with credit card points. Don't get my hair done. I don't get my nails done. I do press-ons. I'm the biggest Olive & June press-on fan. These last for two weeks. They're like $5, $10. Don't eat out during the week. I don't do a lot of fast food. I think a lot of people, I'm just gonna like grab a quick fast food bite. It adds up so quickly and you don't really realize. Instead of keeping all of my money in a regular checking or I keep a hefty amount of my money in a Capital One high yield savings account where I'm making like $150 a month in interest and that's just free free money. Everything else is in my Fidelity investment account. Just opened my investment account this month last year, not really knowing. I invest only in ETFs like the S&P 500, QQQ, VMO, VI, whatever. There's a bunch of different ones that are not gonna make you as much money as individual stocks, but also don't have the ability to maybe lose you as much money as other stocks. I'm already up $4,500 just on my investments alone. I also work multiple jobs. I don't think I've had one single stream of income ever actually. This time last year I was teaching and owning a coffee cart and doing like some random things here and there. And I think I made like $55,000 in the year. And now this year, I do marketing, I did some education, I own a business, I do content creation, I do client relations. And I think so far I made about $95,000 this year. This was a really big goal for me. So I'm really excited. Watch this long. Thanks for watching. Thank you for supporting my content because a lot of what I year was content money, extra income essentially. Love Island reference, IYKYK. It's like big day for girl, but big day for say.
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