Shadowing English Conversation Practice (How to save money) Improve English Speaking Skills

hello Jonah what happened why  are you sad do you have any

problem hello Richard yeah I  do you know money problems as  

usual you always have that problem  bro why is that what's the matter

well I don't know every time I receive my  payment I think it will be enough but then  

it isn't I think I'm spending too much  money I really need to save money but I

can't well yeah saving some money is important  that way you won't be worried later yeah  

yes I know that but I can't I try but  it doesn't work for me I opened the  

bank account just to save money but every  time I need more money I take it from it I  

don't know what to do you and I earn the  same amount of money but you're always

fine you know how to save money  right help me please I need to

know well that's true I always try  to save some money I know it is very

important I am not an expert but if you  want I can give you some tips on how to save

money yes please I'm tired of  borrowing money at the end of the

month all right the first thing  to do is establish a monthly

budget making a monthly budget is a great way to  save more money why well simple by having a budget  

you become more aware of your spanding habits and  

rather than spending endlessly there  are parameters to how much you can

spend which ultimately leads to Greater  savings so that's important thing to do my  

friend yeah but how can I make a monthly  budget I have never done something like

that follow these simple  steps examine your monthly

income categorize your spending distinguishing  needs wants and goals track your

spending budget for bued and irregular expenses  to ensure that your budget is helping you  

save money each month you'll need to review it  consistently and make adjustments your financial

habits and goals will change over time so  your budget should reflect those changes  

without a budget it is impossible to  know how much you're spending every

month and remember it has to be a realistic  budget what else can you do well automate  

transfers to a savings account an almost  effortless way you can save money each  

month set up automatic transfers from  paychecks to one or more of your saving

accounts your financial institution can  help you do this once this is set up  

you won't have to worry about saving  on your own it'll be something that  

happens automatically making it easier  to save before you spend it count your  

coins and bills another option is saving  your change manually by setting it aside  

each night after you have a sizable amount  you can deposit it directly into your savings

account something that also helped me a lot is to  prepare before going for grocery shopping a little  

work before you go to the grocery store can go a  long way to helping you save money on groceries

you need to make a shopping list to  avoid impulse buying something you don't

need learn how to get coupons and join  loyalty programs to maximize your savings  

as you shop oh also important minimize  restaurant spending really important

one of the easiest expensive to cut  when you want to save more is restaurant

meals you wonder why well eating out  tends to be pricer than cooking at

home if you do still want to eat at restaurants  try to reduce the frequency and take advantage of  

credit cards that reward restaurant  spending this tip helped me save a  

lot of money because every time I was  hungry I spent money eating out with  

friends or alone even when I had food  at home so I recommend that you better  

prepare food at home not only is it cheaper  but it can also be much healthier believe

me what else oh another thing I did  in order to save money is cancel unuse

subscriptions by canceling some that you don't  use or can live without you can save hundreds each

month consider canceling subscriptions  from gyms online gaming television and  

music streaming services magazines and more that  you are not using anymore you'll be surprised to  

know how much money you can save what else  negotiate your cable and phone bills really

helpful your cable and phone builds  aren't always set in stone on the

contrary it's possible to negotiate with  your provider and receive lower monthly

rates if you don't know how to do it I will help  you with that don't worry do this research your  

provider and their competitor know  their perspective prices packages  

and terms be prepared to leave and change  providers mention your history as a loyal

customer finally be kind but firm companies will  give you discounts so you don't stop paying for  

their products also what you can do is set  saving goals set a specific but realistic

goal it may be save 5,000 in an individual  retirement account this year or pay off my  

credit card Deb faster why do  you need to do something like

this well it will help you stay motivated  to save more and more money I did it and it

worked I set one important goal I decided  I was going to travel to Europe I needed

$5,000 I applied all the methods that I have  mentioned and uh it worked last year I went to  

Europe I see I will do that but I still have  a lot of questions about saving money I have  

a friend who is an expert in finance if you want  you can ask him your questions and he will answer  

them if you also want that video please like  and comment this video take care I hope you  

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