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💵 SoFi Checking & Savings (Up To $300 Bonus): https://danielbraun.me/SoFi 🖥️ Get My FREE Budgeting Template: https://danielbraun.me/MyBudget In this video, we’re looking at how to budget and save money! I’ve been budgeting for the past 5 years by using this budgeting template that I created, and it’s helped me out a ton. Before creating my budget, I never really understood how to save money because I had no clue what I was spending. But now, I’ve been able to go from saving 0% of my income to saving 80% of my income by tracking everything and implementing 4 money frameworks which I’ll go over in this video. The best way to look at budgeting is to treat yourself like a profitable business by looking at your income versus your expenses. To do this, you need to track your spending habits for at least 2 to 3 months to know exactly how much you’re spending in different categories. Then, you can adjust those categories in your budget by focusing on reducing your largest expenses to save money. After you’ve optimized your expenses, then you can start to focus most of your time on increasing your income because your income can be unlimited. However, to save money and increase your monthly savings rate, it all starts with managing your expenses and budgeting first. Hopefully this video and my budgeting template can help! LINKS MENTIONED: 💵 SoFi Checking & Savings: https://danielbraun.me/SoFi Get up to 4.60% APY, pay no account fees and earn $300 when you sign up and set up direct deposit. Terms apply. *affiliate link 🖥️ Get My FREE Budgeting Template: https://danielbraun.me/MyBudget OTHER USEFUL LINKS: 💳 My Top Credit Cards: https://danielbraun.me/TopCreditCards 💻 CardPointers: https://danielbraun.me/CardPointers 🛒 Get a $30 Bonus With Rakuten: https://danielbraun.me/Rakuten 📈 Up To 15 Free Stocks With Moomoo: https://danielbraun.me/moomoo 🔥 My Andar Wallet (Code “BRAUN15” for 15% Off): https://danielbraun.me/AndarApollo FOLLOW ME on Instagram: / _danbraun CHECK OUT SOME OF MY OTHER VIDEOS: ▶️ How Much YouTube Pays Me (with 100,000 Subscribers): • How Much YouTube Pays Me (with 100,00... ▶️ The 9 BEST Travel Credit Cards of 2023 (Ranked): • The 9 BEST Travel Credit Cards (Ranked) ▶️ You’re (Probably) Killing Your Credit Score: • You’re (Probably) Killing Your Credit... ▶️ What I Spend In A Week With 16 Credit Cards: • What I Spend In A Week With 16 Credit... ▶️ How We Got $27,300 of FREE Travel With Credit Cards: • How We Got $27,300 of FREE Travel Wit... ▶️ The 6 BEST Bank Accounts of 2023 (High Yield): • The 6 BEST Bank Accounts of 2023 (Hig... DISCLAIMER: Some of the card links and other products that appear on this website are from companies which Daniel Braun will earn an affiliate commission or referral bonus. Daniel Braun is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.