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Savings and Budgeting Tips for your 20's | Personal Finance for Beginners

Today I'm sharing practical tips on how to save in your 20's! We'll be talking about tracking and automating your finances, the shortfalls of traditional budgets and alternative strategies, how to allocate your income, and more! Blog post version of this video: https://www.gonewiththewendy.com/pers... ↳ My Links Blog: https://gonewiththewendy.com Insta:   / gonewiththewendy   TikTok:   / gonewiththewendy   Business E-mail: [email protected]    • Apartment Makeover Thrifting + Shoppi...   ↳ Mentioned: Budgeting Spreadsheets: My Wealth Diary's Finances Tracker Dashboard: https://bit.ly/3tITHqc Millennial Money Honey's Money Tracker (make a copy): https://bit.ly/3amOiJW AMANDAMLIM Finance Tracker (make a copy): https://rb.gy/jveoif Reads: I Will Teach You to Be Rich by Ramit Sethi (my favorite personal finance book): https://amzn.to/3Hld2Bv More on money dials: https://bit.ly/36IXkQL Apps: Personal Capital: https://bit.ly/2MC9nbk Mint: https://mint.intuit.com ↳ Get Some $$ $200 when you apply for the Chase Freedom Unlimited or Freedom Flex credit card: https://bit.ly/3jCo0Iy $10 for the EASIEST cash reward app: https://b.ewd.io/code?c=ul3kn $20 and cash back with every online purchase: https://rakuten.com/r/HELLOG388 $5 back and cash back with every online purchase: http://www.mrrebates.com?refid=1030828 $10 off your first DoorDash order: https://drd.sh/X9bf50/ ↳ What I Used In This Video Camera: Canon G7 X Mark II Editing: iMovie Music: Dehydration - Loxbeats ↳ Disclaimer: Some of the links above are affiliate links, which means I earn a small commission. 0:00 Intro 1:04 Tracking Finances 1:44 How I Break Down My Finances 3:41 Automating Finances 5:22 Shortfalls of Traditional Budgets 6:27 Budgeting Alternatives 8:48 How to Allocate Your Money (for beginners): 50/30/20 Rule 10:06 Increasing Your Income #finance101#savingmoney #millenialmoney