00:00So you're 30 years old and broke.
00:02Not, I'm saving for a house, broke.
00:05Not, I'm between opportunities, broke.
00:08Like, actually broke.
00:10Your bank account has two digits.
00:12Your credit card is maxed.
00:14Your savings account doesn't exist because you can't save what you don't have.
00:18And everyone keeps asking when you're buying a house.
00:21When you're getting married.
00:22When you're starting that retirement fund.
00:25And you're like, I can barely afford groceries, Karen.
00:27Back off.
00:30Here's the thing nobody tells you.
00:31Being broke at 30 isn't the end of the world.
00:35It feels like it.
00:36Society acts like it.
00:38But it's not.
00:40Today, we're talking about what to actually do if you're 30 and broke.
00:44Not the motivational speech version.
00:46The real, practical, this is how you fix it version.
00:49Let's get into it.
00:52First thing first.
00:53Get off Instagram.
00:55Seriously.
00:56Close it.
00:57Right now.
00:58Because every time you open it, you see your college roommate who just bought a house.
01:02Your high school friend who's on vacation in Bali.
01:05Your cousin who just got promoted to VP of whatever.
01:08And you're sitting there eating ramen thinking you've failed at life.
01:11Here's what they don't show you.
01:13That house.
01:14Probably has a 30-year mortgage and they're drowning in debt.
01:17That Bali trip.
01:18Credit card.
01:19That VP promotion.
01:21They work 80 hours a week and haven't seen sunlight in months.
01:25Social media is a highlight reel.
01:28It's everyone's best moments edited and filtered.
01:30Nobody posts, I cried in my car today because I can't afford my student loan payment.
01:36But that's reality for most people.
01:38You're not behind.
01:40You're just seeing everyone else's edited version of success while comparing it to your
01:45unedited struggle.
01:46Stop doing that.
01:48It's killing you.
01:51Okay, real talk.
01:52If you're broke, you need to know why.
01:55And I don't mean the economy is bad or rent is too high.
01:59I mean specifically, where is your money going every month?
02:02Sit down.
02:03Open your bank account.
02:05Look at the last three months of spending.
02:07All of it.
02:08The embarrassing stuff too.
02:10The door dash at 2am.
02:12The subscription services you forgot you had.
02:15The, I'll just buy this one thing.
02:18That turned into $200 at Target.
02:20Write it down.
02:21Categories.
02:22Rent.
02:23Food.
02:23Transportation.
02:25Subscriptions.
02:26Random stuff you don't need.
02:28Most people have no idea where their money goes.
02:30They just know it's gone.
02:32You can't fix a problem you don't understand.
02:35Track it.
02:36Face it.
02:37It's gonna hurt.
02:38Do it anyway.
02:41Once you see where your money goes, you'll notice something.
02:45A lot of it is going to stuff that doesn't actually make your life better.
02:48Streaming services you don't watch.
02:50Gym membership you haven't used in six months.
02:53Food delivery when you have food at home.
02:55Coffee shop every morning when you could make it yourself.
02:58I'm not saying live like a monk.
02:59I'm saying cut the fat.
03:01If you're paying for Netflix, Hulu, Disney Plus, HBO Max and Peacock, pick two.
03:07Cancel the rest.
03:09You're not watching all of them anyway.
03:11If you're spending $300 a month on food delivery, stop.
03:15Cook.
03:16Yes, it's annoying.
03:18Yes, it takes time.
03:19But you're broke.
03:20You don't have the luxury of convenience right now.
03:24Every subscription.
03:25Every recurring charge.
03:27Ask yourself.
03:29Does this actually improve my life or am I just too lazy to cancel it?
03:33Be honest.
03:35Here's the truth nobody wants to hear.
03:37You can only cut so much.
03:39Eventually you hit a floor.
03:40Rent is rent.
03:41Food is food.
03:42You can't cut those to zero.
03:44So if cutting expenses isn't enough, you need to make more money.
03:47And no, I don't mean just get a better job.
03:50That's useless advice.
03:51I mean actually increase your income with what you have right now.
03:55Freelance.
03:56Side hustle.
03:57Sell stuff you don't need.
03:58Pick up extra shifts.
03:59Drive for Uber.
04:00Do something.
04:01Is it fun?
04:02No.
04:02Is it exhausting?
04:04Yes.
04:05But you're 30 and broke and complaining about it won't fix it.
04:09Action fixes it.
04:11Learn a skill that pays.
04:13Coding.
04:13Writing.
04:14Design.
04:15Video editing.
04:16Marketing.
04:17Pick something the market actually wants and get decent at it.
04:21You don't need to be the best.
04:22You just need to be good enough that someone will pay you.
04:25YouTube tutorials are free.
04:27Online courses exist.
04:29The information is out there.
04:31The only thing stopping you is you.
04:34This one's big.
04:36A lot of people are broke because they're trying to buy their way out of feeling bad.
04:40Had a rough day at work.
04:42Buy something.
04:43Feeling lonely.
04:45Online shopping.
04:46Stressed about money.
04:48Ironically, more shopping.
04:51It's called retail therapy and it's why you're broke.
04:54Buying stuff gives you a temporary dopamine hit.
04:57For like five minutes you feel better.
05:00Then the package arrives and you realize you didn't need it.
05:03And now you have less money and the same problems.
05:07Find free ways to feel better.
05:10Go for a walk.
05:10Call a friend.
05:12Work out.
05:13Read.
05:14Do literally anything that doesn't cost money.
05:17Happiness doesn't come from stuff.
05:19If it did, rich people would never be depressed.
05:22But they are.
05:23Because stuff doesn't fix internal problems.
05:28I know what you're thinking.
05:29I'm broke.
05:30How am I supposed to save money?
05:32Fair question.
05:33Start with $50.
05:35Seriously.
05:35Just $50.
05:37Put it somewhere you can't easily access.
05:39A separate savings account.
05:41Under your mattress.
05:42Wherever.
05:43Then add to it when you can.
05:45$10 here.
05:47$20 there.
05:48It doesn't matter how small.
05:49What matters is you're building the habit.
05:52Because eventually something will go wrong.
05:55Your car will break.
05:57You'll get sick.
05:58Your laptop will die.
06:00And if you have $0 saved, you're going into debt to fix it.
06:05But if you have even a few hundred dollars, you have options.
06:08Emergency funds aren't sexy.
06:11Nobody brags about having $1,000 in savings.
06:15But it's the difference between a crisis and an inconvenience.
06:20Here's the biggest trap.
06:21Waiting.
06:22I'll start saving when I make more money.
06:25I'll invest when I understand the market better.
06:28I'll fix my finances when things calm down.
06:30Things will never calm down.
06:32There will never be a perfect time.
06:34You will never feel ready.
06:36Start now.
06:37With what you have.
06:39Imperfectly.
06:41Messily.
06:42Scared.
06:43Do it anyway.
06:44Waiting is just procrastination with an excuse.
06:47And every day you wait is another day you stay broke.
06:51Look.
06:52Being 30 and broke is hard.
06:54It's stressful.
06:55It's embarrassing.
06:56Society makes you feel like a failure.
06:59But it's not permanent unless you do nothing.
07:02Money problems are fixable.
07:03They take time.
07:05They take effort.
07:06They take discipline.
07:08But they're fixable.
07:10You're not too old.
07:11You didn't mess up forever.
07:12You're not doomed.
07:14You just have to start.
07:15You just have to start.
07:15Today.
07:16Right now.
07:17Stop comparing.
07:18Track your money.
07:20Cut the waste.
07:21Earn more.
07:22Stop emotional spending.
07:24Save something.
07:25Start now.
07:26You're 30.
07:27You're broke.
07:28You're broke.
07:28But you're not stuck.
07:29Get to work.
07:31See you next time.
07:32You're broke.
07:33Get to work.
07:34You find it.
07:35To be honest.
07:36Get to your house.
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