How To Save Money & Improve Your Credit Score - 7 Great Ideas

How To Save Money & Improve Your Credit Score - 7 Great Ideas

Hi Everyone! I thought about doing a simple video that will encompasses "How to Save Money While Improving Your Credit Score in Smart and Long Term Way". This is my first youtube video. #financialfreedom #debtfree #debt #finance #finances #cost Instagram: https://www.instagram.com/danielhkim2 DK Twitter: https://www.twitter.com/danielhkim2 Video Shortcuts: 0:00 Introduction 0:51 Create A budget 4:00 List the Essentials - Ways to Save Money from Your Daily Activities 9:41 Plan of Action 10:35 Negotiate Debt 11:20 Hustling 14:28 Learning New Skills 15:20 Control Your Purchasing Behavior 17:22 Support System 7 Major Steps: 1. Create A budget Simple Calculation: Income – Essential cost = Profit 2. List the Essentials (How to save more!) o Rent Payment o Food o Health Insurance o Car Insurance o Subscription/Leisure Cost 3. Identify a plan of action for paying back o Weekly Payback - Even $20-$60/week will be a good start. o Monthly Payback - Even few hundred dollars will help in the long term. 4. Hustling o Uber Eats / DoorDash o Dog Walking & Sitting (Rover, Wag.com) Dog Wag Link: https://wagwalking.com/dog-walker Dog Sitter Link: https://www.rover.com/become-a-sitter/ 5. Learn New Skills (Udemy/Khan Academy) https://www.khanacademy.com 6. Behavioral Components - Controlling and Improving Your Buying Behavior 7. Build a support System (Watch the Video!) Thanks for Watching!