It was definitely easier to do a low spend this year and was able to buy my own condo! It’ll help me save more as my living expenses are now lower so let’s see how this year goes ❤️ best wishes for everyone this year

@PersonalFinancewithLeila

3 жыл бұрын

Congrats on buying a home!! Lower living expenses is huge so I'm sure it will help a ton!

Hair oil tip: I use a light food oil, like sunflower oil an just use a drop in my palm, rub hands together unti you don't think there is any left and just put through the ends. Works great in the winter when it's drier. Takes just the tiniest amount to make a huge difference. And you can use the oil for food prep. Plus no heavy fragrance. Enjoying your video and transparency.

Congrats on such a successful no spend year! Paying off $20K in debt is incredible. 👏🏽

@PersonalFinancewithLeila

3 жыл бұрын

Thank you! 😊

This is awesome! I have never tried a no (low) spend year but I have started 2021 with a plan for that. Thank you for doing this.

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! Good luck!

Fantastic! Congratulations! It's amazing how much changes when you cut right back, doesn't it! Good on you - I did the same thing with saving for personal spending and not purchasing it until I have saved for it. Well done

@PersonalFinancewithLeila

3 жыл бұрын

Thank you Nichola! 😊

For the phone that cracked since it's used for business you can get the screen fixed and write it off as a business expense. Just depends on your state.

@PersonalFinancewithLeila

3 жыл бұрын

Hmmm, this is genius. I can't believe I didn't think of that, thank you!

This is so incredible! I would love to do a no spend year. I’m definitely planning to incorporate some no spend weeks/months throughout 2021!

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! It's definitely worth it!

This is realy interesting, thank you so much for sharing it! I'm doing a No Spend 2021. Now I'm off to watch your tips video!

I’m really tempted by doing a low buy year! Wishing you all the best for 2021!

@PersonalFinancewithLeila

3 жыл бұрын

Do it. it's worth it!!

I was really glad to listen to you on your no spend year. Since l have been involved with sinking funds and keeping a track of my bills l have improved my funds so much. Thank you for sharing.

@PersonalFinancewithLeila

3 жыл бұрын

That's amazing! Sinking funds are so helpful. Thank you for watching!! ❤️

We love seeing this progress!! Congrats Leila on a very successful year

@PersonalFinancewithLeila

3 жыл бұрын

Thank you so much!!

Pretty amazing. I was listing to the part were you only paid $556 on student loans and thought she isn't going to come close to her $20,000 toward debt goal. Then you justified a few things that were not needs so I was more convinced. Then you got to the $6000 +cc and the $2000+ co-signed car and it's like you go girl justify $40 in parking all you want.

@PersonalFinancewithLeila

3 жыл бұрын

😂😂 I thought this was going to be a mean comment at first when I started reading it lol And I know at first it doesn't sound good especially with my living costs, but I'm throwing all extra income at this debt! Thank you!!

No spend 2021 for me starts today! So excited 💕

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! Good luck and please keep me updated!

@ritalynb7070

3 жыл бұрын

I have started mine as well! Good luck!

I have just discovered your channel and I love it! I'd love to start a No Spend Year 2022 but I fear to break it very soon, especially regarding the expenses for my 4-year-old son. He's my weakness ❤️ and I just love to buy presents for him. However, I think I can work on a reasonnable budget without totally sacrificing the purchases for him. Thanks for the inspiration, Leila!

@PersonalFinancewithLeila

2 жыл бұрын

Thank you for watching!! The best thing to do is plan out your spending for the year! This would include gifts for your son and anything else you want to still buy but limit. So it would be more of a low spend year 😊

This year i am trying a no spend year. I will continue funding my clothes sinking fund, for example, but i wont buy anything from it (i am allowing myself replacement things, for example if i need a new pair of gym shoes because i only use one pair at a time, but i am not buying anything new or unnecessary). I will also try to actually FINISH consumable products before buying a new one, i have a lot of skincare that needs to be used.

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! That's amazing, good luck! I started doing that with skin care/beauty products too and it saves so much!

I had a similar experience on my no buy year. I have to put my video up this year. Congrats on your journey.

@PersonalFinancewithLeila

3 жыл бұрын

I see it's going up in just a few minutes 👏🏻

@TheRealAngelGrace

3 жыл бұрын

@@PersonalFinancewithLeila it is 👍

Wow! Seeing how much you saved is incredible. I'm doing a No Buy in 2021. We are only on Day 5 and I've already spent about $100. It was on gifts for important people and on things that support my mental health. I didn't factor in how much self-care is a priority for me. I will need to add an expense for that now. Best wishes

@PersonalFinancewithLeila

3 жыл бұрын

Yay good luck!! I still budgeted for gifts and yes definitely make room for the things that actually make you happy!

Wow, you did amazing! The stun gun and pepper spray were definitely essential to me though. Staying safe is so important. 😊

@PersonalFinancewithLeila

3 жыл бұрын

Thank you!! And yes I agree, I feel much better walking alone with my little self-defense items! lol

I’m doing no spend January! So this video is timely.

This is so inspiring!!!

Really great video!! So concise and helpful!

@PersonalFinancewithLeila

3 жыл бұрын

Thank you Nicole!

Looming forward to your next no spend year and decluttering videos!

@PersonalFinancewithLeila

3 жыл бұрын

Thank you!

You should be very proud of yourself! This is very impressive!

@PersonalFinancewithLeila

3 жыл бұрын

Thank you so much!

Thank you for including the numbers! Subscribed!

@PersonalFinancewithLeila

3 жыл бұрын

Yay thank you!!

I think it’s all about priorities. For example, I pay less than 1K on rent and live in NYC with roommates. If I paid $1500 I could live on my own but that $500+ can instead be spent on small luxuries or items I like. I do agree though that completely spending mindlessly is not wise but some people can afford it depending on their individual circumstances. (Living at home with parents could defn save a lot of money as well)

@PersonalFinancewithLeila

3 жыл бұрын

Yes for sure! Saving on housing in HUGE and I know that can make a significant difference and I could see how it wouldn't feel so bad spending because of that!

Hi Leila. Great job 👍 I'm struggling with saving right now. Thanks for sharing this video. Greetings from Brazil

@PersonalFinancewithLeila

Жыл бұрын

Thank you Flavio!

Thanks for mentioning your experience with guilt v relatable

Beautiful ♥️👌 happy New year 2021✨✨✨✨

That’s great!! I definitely need to do this!

@PersonalFinancewithLeila

2 жыл бұрын

Thank you Amy! Try it out, it's an amazing experience!

Amazing, congratulations on such a great money journey! I completely support your approach to supporting ethical brands and purchasing second hand when able. I try to do the same as much as possible

@PersonalFinancewithLeila

3 жыл бұрын

Thank you so much! I'm excited to see what I can find and hopefully help the world a little bit

@PriscillaThen

3 жыл бұрын

You got my "like" at the sustainable purchases part (I just signed up for a zero-waste grocery store today). Would love to hear what you plan on buying this year. I think I will make 2021 a "low-spend" year. Looking forward to checking out more of your vids!

Well done! I don't think I can go without buying even for a month but I'm trying to limit what I buy now.

@PersonalFinancewithLeila

3 жыл бұрын

Thank you!!

I'm a Georgia tech student so I know how expensive it can be in Atlanta. I'm doing a low spend year and this definitely inspired me :)

@PersonalFinancewithLeila

3 жыл бұрын

Aw that's awesome!! I went to Georgia State 😊 Thank you for watching!!

Amazing job Leila 👏

@PersonalFinancewithLeila

3 жыл бұрын

Thank you!

I don’t think I could do a no spend year like you did but I did change how I looked at money. Prior to 2020, I always set savings goals each month however this I adjusted it to be a spending goal - which meant that months where I had more income (i.e. work bonus, birthday, Christmas, and even when I won your contest) I didn’t use that as an excuse to spend more money, I kept the same budget so my savings increased.

@PersonalFinancewithLeila

3 жыл бұрын

That is so important though! You're avoiding lifestyle creep (in a a way) which so many people can't do or don't even realize they're doing.

Amazing! I decided to do a year-long retail detox too, and I'm already half way through!

@PersonalFinancewithLeila

3 жыл бұрын

I haven't bought clothes in so long it's crazy! Good for you!!

I'm starting Low Spend tomorrow!

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! Good luck and keep me updated 😊

This is great. I’m doing a no buy year 2021 😊

@PersonalFinancewithLeila

3 жыл бұрын

Good luck!! Please keep me updated! 😊

Found this in 2023 and I am taking on the challenge!

@PersonalFinancewithLeila

Жыл бұрын

Yay! I'm doing another Low spend for 2023 as well 😊

Very informative video and very inspiring.

@PersonalFinancewithLeila

3 жыл бұрын

Thank you!

Great video. I plan to no spend for a month and then maybe a year.

@PersonalFinancewithLeila

2 жыл бұрын

Thank you! Definitely try it out, it's worth it!

Going to start my no spend year but before I do, where'd you get that cute shirt?

@PersonalFinancewithLeila

3 жыл бұрын

😅 it was a gift from my mom, the brand is called Life Is Good!

Wow what a planing how you manage these

Im going try this for 2021 exept for giving expense that i will allow.

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! Good luck 😊

I am trying to do 20 no spend a month to start then for 2022 have a no spend year

@PersonalFinancewithLeila

3 жыл бұрын

That's a good idea!! I'm sure that will still help you save a lot of money!

Nice content

I've started my no spend year, im gonna do it month by month as you can never know whats around the corner. Its the 5th so only 5 days in but no spend so far lol xx

@PersonalFinancewithLeila

3 жыл бұрын

Yay!! You've got this!

How is your phone and insurance over 5k a year?

@PersonalFinancewithLeila

3 жыл бұрын

I explain it further in the video, but I combine my car insurance, phone bill, and money for my dogs in one because of the way it's set up between my family/sister. It ended up being

Wow ❤

Mam you are so beautiful 😍😍😍 keep upload we are help you to achieve a big millstone stone

20k on debt--yikes

@PersonalFinancewithLeila

3 жыл бұрын

There is nothing yikes about that but sure

😊👍🏽

I guess I am off to milk some cows and start a garden, no groceries 🙃

@PersonalFinancewithLeila

3 жыл бұрын

Why no groceries?

What books do u readdddd we wanna know. We. Wanna. KNOW lol 😂

So beautiful 💯❤️😍

I don't mean to sound dismissive of your accomplishments but you stated you were gifted many things. I appreciate the transparency but I feel this somewhat diminishes the purpose of the 'No Spend' efforts. Although you technically didn't make the purchases, it fulfills the want/need to have done so at no hit to your expenditures. This is a luxury the general populace is not afforded.

@spiritualinfluencer3747

3 жыл бұрын

I agree but disagree if she's gifted that's not out of her income which I would see it as optional. She did not say she was punishing herself she said no spending as her own money or income. The Gifts can and could include many things trips, spending cards and whatever the givers decide to bless you with.

@PersonalFinancewithLeila

3 жыл бұрын

Thank you ❤️❤️

@PersonalFinancewithLeila

3 жыл бұрын

I understand what you mean, however, the bulk of the things I received were not things I would have necessarily chosen to purchase on my own. I also am not someone who has millions of followers, so I probably only received a few hundred to $1000 in free products. I also have been creating content for years and the option to put yourself out there to do that IS available to most people.

p.s There is still a lot you could cut out. If you have a landline you don't need a mobile phone. Sometimes it's even good for your mental health to switch off. You are probably staying home anyway. Spotify not necessary- there is youtube for music. Car : you can bike or take public transport instead. Beauty products: aim to restrict it to one small make up bag. 17cmx24cm. I've been watching a lot of these american low spend - no spend videos for inspiration and seriously there is so much excess still after they declutter or reduce spending. One american woman I saw has 2 drawers of makeup! It should just fit in one bag because you are not going to wear it all at once nor finish it in one year. Plus it all should be fully portable for moving house and travel etc.

@PersonalFinancewithLeila

3 жыл бұрын

I think my expenses are pretty reasonable. I wouldn't want to go out at all without a cellphone and my bill is

@kristinapaxton9686

3 жыл бұрын

​@@PersonalFinancewithLeila I think you can get a better deal for the mobile phone. Maybe half that. Also $100 is still a lot for a music service. That could be the difference between you eating and not eating for 2-3 weeks if things went really pear shaped. That could go in your emergency fund or towards any debts instead. Also people don't need more merch. They can save money that way. Helping the planet and ourselves means we need to stop consuming 1st hand goods and buy 2nd hand (which is cheaper anyway and often in good nick) essentially joining the circular market. There is probably enough clothing in the closets of the UK and America etc to reclothe each other's nations thrice over lol. Just saying....your topic is afterall money saving and the reduction of consumption. Consider this constructive feedback :)

Leila, marry me?

Another part of no spend is not living in America. Healthcare should be free. It is a basic human right. Long Live the NHS :)

@PersonalFinancewithLeila

3 жыл бұрын

Healthcare here is absurdly expensive. My insurance is over $500 a month for just myself. And most people have to pay a monthly premium but still get bills for being seen. Staying healthy is a must here if you want to save.

@kristinapaxton9686

3 жыл бұрын

@@PersonalFinancewithLeila I agree being healthy and able to work is essential. I'm actually just coming out of shielding for my vulnerable family members (they got the vaccine) so I am starting to job hunt after a year without work and on benefits. No shame whatsoever. But I have a brother who lives in the US. I just don't understand why he would choose to live there when he can work for the same international company and get free healthcare here. He would save so much money as you say.