How I Saved $100k By 24 (Plus My Money Saving Tips)

“Do not save what is left after spending but spend what is left after saving” — Warren Buffet

1) I Had a Head Start

2) I Worked A lot

3) I Lived At Home

4) I Kept My Expenses Low

• I attended a local university as a domestic student. I also applied for a government grant that paid off 30% of my yearly tuition.
• I rarely ate out and cooked at home.
• I befriended introverts, teetotalers and other frugal people. Our hangouts consisted of playing games at one’s house or going to cheap places for leisure and recreation.
• I commuted or walked everywhere.
• I embraced minimalism and only bought what I needed.
• I didn’t get into a committed relationship.

5) I Invested Most of My Money

My Money Saving Tips

• Increase your income but live below your means.
• Avoid unnecessary purchases. If you’re not sure you need it, don’t buy it.
• Implement the 50/30/20 rule: 50% on needs, 30% on wants and 20% towards savings. For me, it’s 35/5/60.
• Don’t compare yourself to others who are materialistic.
• Switch to cash only as it allows you to keep closer track of your spending.
• Invest in stocks, mutual funds, real estate or other diverse assets.

How I Saved $100k by 24 (Plus My Money Saving Tips) was originally published in PublishFive on Medium, where people are continuing the conversation by highlighting and responding to this story.

physical books vs eBooks

• Ebooks are a one-time investment. Once I get one, all I need to do is upload my books and continue reading. These ebook readers are very durable, with better battery life. Once fully charged, they don’t need to be plugged in for as long as a week.
• Ebooks do not occupy a lot of space. The problem of space is faced by all avid readers. For every new book we buy, we have to create a new space in the cupboard. Since every book is a treasured asset for us readers, we never think of discarding old books. So, physical books tend to fill every spare place in the house. At least we are free from this hassle if we switch to an ebook reader. In its digital memory, entire volumes of books in a library can be uploaded.
• Books uploaded in ebook readers are easily accessed. All you need to do is go to the search bar in the ebook reader and search for the book either by its name or by the author, and the book is at your disposal within seconds. We would not be able to enjoy this privilege with physical books. I think of reading a book and cannot locate it. I keep searching every almirah and cupboard, and by the time I lay my hands upon it, my break time is over or my quest has subsided. But this would not be the case with an e-reader; if you are able to navigate the menu and press some buttons you can access the book you desire.
• If you are waiting for someone at a bus stop, or your flight is delayed, or you are waiting in a line that seems to be moving at a snail’s pace, in all these stressful situations, we readers miss our books. “If only I had my books, I would have gone through some pages.” This thought would have crossed your mind multiple times. But it’s possible to carry the entire collection and make the best use of these boring moments with ebook readers. With my entire collection in it, I can scroll through my favorites and get into my reading mood to make the best out of these times.
• English is my second language, which sometimes makes comprehension while reading very difficult. If I am stuck with a physical book, I will be almost helpless with every difficult word I come across. Every time I go for a dictionary, I lose my reading rhythm and soon I quit. An ebook reader has a built-in dictionary feature. If I come across a new word, all I need to do is tap it on the screen, and the meaning pops out. It’s as simple as this. This feature not only helps me with comprehension, but it has also helped in building my vocabulary.
• Reading can be an expensive hobby. Books can be quite costly, and if you are addicted to reading, it can put a dent in your pocket. Even in this matter, an ebook has a solid solution. There are many websites where books are available for free. You don’t need to pay even a cent to download and read these books. They are not low-quality books available for free; in fact, they are classic books that are the best in their genre. They are available for free only because their copyright period has expired. It’s legal to download these 

“these are the sites where free e-books are available”

• I get hyped about a book, buy it, and impatiently start reading it. However, after a few pages, it doesn’t resonate with me, and it goes on my list of “Did Not Finish” (DNF). It’s a waste of money and, most of all, highly treasured space in my cupboard. An ebook reader provides a solution to this problem. On Amazon.com, I can request a sample of the book. It’s free; I don’t need to pay anything for it. By reading the sample, I can make a decision on whether the book is worth buying or not. Almost all online stores that sell books provide this facility.
• Ebooks can be read even in the dark. If I want to plunge into the plot of a book, I simply switch off the light in my room and start reading. In this way, it’s just me, my ebook, and the story in the book. I can get rid of all distractions. Paperwhites are a special kind of ebook best suited for this purpose. They have their own ambient light that makes reading possible in the dark.

Conclusion:

Do you have a passion for writing and a desire to share your thoughts with a global audience? If so, we invite you to become a writer for PUBLISH FIVE — a platform that celebrates the art of concise and impactful storytelling.

“9 reasons why physical books will be replaced by e-book readers in the future.” was originally published in PublishFive on Medium, where people are continuing the conversation by highlighting and responding to this story.

Sharing What I Know and Making Friends Along the Way

Starting the Journey: Why I Joined Quora

Answering All Kinds of Questions

The Challenge of Being Brief and Useful

Learning While Sharing

Meeting People and Making Friends

What's Next?

Final Thoughts

Elevate your daily routine with my FREE

Enjoyed my Story? It will mean a lot if you give a clap.

My Journey Answering 100 Questions on Quora was originally published in PublishFive on Medium, where people are continuing the conversation by highlighting and responding to this story.

Artificial Intelligence in #Travel — Top 7 Challenges

1. Data Privacy and Security

2. Ethical Use of AI

3. Accessibility & Inclusivity

4. Over-reliance on Technology

5. Job Displacement

6. Regulatory and Legal Hurdles

7. Technological Dependence and Downtime Risks

oh wait, i started as top 7, but i can think of 2 more ! Here we go …

8. Adaptation and Training

9. User Trust and Acceptance

Data privacy, ethical considerations, accessibility, and job displacement are among the key challenges that require careful management and thoughtful solutions.

Thank you for reading my article. Your feedback and support are much appreciated: Share your thoughts, give a round of applause, and subscribe !

Artificial Intelligence (AI) in #Travel — What Do We Know Now?

Artificial Intelligence in #Travel — Top 7 Challenges was originally published in PublishFive on Medium, where people are continuing the conversation by highlighting and responding to this story.

How To Submit To Publication?

LAST UPDATED as of 01/10/2023

These steps can be applied to any Publication on Medium …

Here is a step-by-step guide:

1. Write your article, there is this Write button on the top right of the page. Once you are done, do a thorough spell check. You may use tools like Grammarly to do so.

The Medium Help Center is always there if you have more queries.

Thank you for reading my article. Your feedback is well received: drop your thoughts, give a round of applause.

P.S If you want to say thank you by buying me a coffee, you can do it .

What happens to your post when you publish on Medium

How To Submit To Publication? was originally published in PublishFive on Medium, where people are continuing the conversation by highlighting and responding to this story.