In this video, I'm showing you how I am able to save 97% of my income as a 29 year old entrepreneur in Southern California. In the last month, I spent under 3% of my income on personal expenses including rent, food, and other miscellaneous expenses. The rest is saved, goes into my business, or goes directly into investments like stocks, crypto, and real estate.

Of course, the main reason I am able to save such a high percentage is because I raised my income this past year significantly. That, and being selectively frugal. You'll find that it's easier to increase your income by $10,000 than it is to save $10,000. However, it doesn't mean you can't do both :) So I'll be going through what I do to make sure only 3% or less of my income goes to personal spending.

I'll go through:
How to save money
How to increase savings rate
How multiple sources of income helps me
My money mindset for saving more
Money saving tips & hacks

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-Charlie

#Savings #Income #Entrepreneur

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps to support our channel and keep our videos free. Thank you!

In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.

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