8 Things I Did To Stop WASTING Money 💰

Video Description

Don't Miss Out - Get 10% off your first tax service with TaxScouts: https://taxscouts.com/liam/ 👌 In this video, I share the exact frugal living strategies that helped me save £12,790 last year - allowing me to put away 75% of my monthly income after essential expenses. Anyone can implement these practical habits to save between 30-75% of their monthly income. As a corporate lawyer who's spent years optimising my personal finances, I've discovered that frugal living isn't about deprivation - it's about making smarter choices that maintain your quality of life while drastically reducing unnecessary expenses. What You'll Learn: • How to identify and eliminate small daily purchases that drain your finances • The power of strategic investments that create 1000% ROI on everyday expenses • How proper understanding of interest rates can save you thousands yearly • Simple habit replacements that maintain life satisfaction while cutting costs • Practical ways to reduce spending without feeling restricted I break down my exact savings from each strategy, including how a simple coffee machine investment saves me £2,400 annually, how replacing workplace snacking habits saves over £1,300 yearly, and how substituting takeaways with premium frozen meals saves another £1,000. These methods work regardless of your income level - whether you're looking to start saving 30% of your income or push toward the 75% mark that I've achieved. The principles can be adapted to any lifestyle and income bracket. Timestamps: 00:00 Save 30% to 75% of your monthly income 00:17 Invest in things that lower expenses 01:08 Take small purchases out of routine 02:36 Pay attention to interest rates 03:46 Find a cheaper way to buy the same thing 05:15 File your taxes efficiently 06:50 Negotiate everything once a year 07:38 Maximise work perks 08:51 Harness cashback and rewards systems 10:24 Wait to buy (the "Cooling Off" period rule or 24-hour rule) If you've struggled with saving money despite numerous attempts, this video offers actionable frugal habits based on real results. Subscribe for regular videos on productivity, career development, personal finance and corporate law insights 😀 …………………………………………………. Some of my favourite things 💞 (1) INVESTENGINE - MY FAVE INVESTING PLATFORM Get InvestEngine and receive a Welcome Bonus of up to £50 with my link: https://investengine.pxf.io/6eO2bb 🙌 Start making your money work for you with easy automated investing 💸 T&Cs apply, Capital at Risk. (2) MENOS - MY SUSTAINABLE BACKPACK COMPANY Get your minimalist Menos backpack from the ONLY brand by young professionals, for young professionals... Made from 15 recycled plastic bottles, with a 17-inch laptop sleeve and USB charging port - https://wearemenos.com or in the UK: https://amzn.to/40cZroT ✨ Beth and I have created Menos to bring minimalist, sustainable design to help us all boss the everyday. Follow Menos (@wearemenos on Instagram) - https://instagram.com/wearemenos (3) MY FREE TRELLO MASTERCLASS 'More Focus, Less Stress - Build Your Ultimate Productivity System in Trello' is my FREE course (Trello is also FREE), which you can take by signing up for a free 2-week SkillShare trial: https://skl.sh/3h2XpV1 ... The course walks you through how to build your customised version of my insanely powerful (but simple) Trello productivity system (aka the app that keeps me focused for 10 hours per day!) 📱 (4) MY GO-TO FOCUS APP - ENDEL Get Endel for FREE - it's the app I use every day to play sounds that keep me focused for hours, and you can install the app for FREE here: https://endel.sng.link/Dzeow/44if?_smtype=3 (5) MY FAVE HABIT APP - 1-YEAR FREE TRIAL Get The Done App & Other Productivity Apps - Completely Free For A Whole Year! https://growthbundle.com/referral/?referrer=Liam&referral-code=liamporritt&source=partner …………………………………………………. About Me I'm a lawyer, part-time YouTuber, son, brother, startup founder, husband, black coffee drinker and plant dad. I graduated from Cambridge University (where I studied French and Spanish), topped my law school class and now work for a corporate law firm in London as a solicitor (which takes up a lot of my time)! Around that, I'm a big fan of discovering new ways of thinking, of balancing work with life, and of performing to the very best of my ability. Ohh, and being happy. And I try to share all that on this YouTube channel 😀 Fun fact: I believe we massively overplay the role of “natural talent” 😮 AND… I also believe that TOGETHER, WE ARE ALL CAPABLE OF POSITIVITY, PRODUCTIVITY AND SUCCESS. 📸 Instagram – https://www.instagram.com/liam.porritt/ 🌍 My little kingdom – https://liamporritt.com …………………………………………………. Disclaimer: Information, views and opinions depicted in this video are my own. Information visible on screens or in documents does not relate to my work as a lawyer for clients. This is not financial advice. …………………………………………………. Thanks so much to TaxScouts for sponsoring this video 🫶