Maybe you already turn to YouTube for cat videos, make-up tutorials and funny viral bloopers, but did you know that YouTube is the second largest search engine in the world, ranking just behind Google?
That means, if there’s something you want to know more about, odds are great that there are a few hundred (or thousand) YouTube videos already posted on the topic—those related to personal finance and money saving.
However, with that many videos available, it’s easy to fall down a YouTube rabbit hole, wasting hours of precious time watching videos with useless—or worse, inaccurate—information. Here are some suggestions of a few videos featuring subject matter experts who dispense solid, proven tips for getting a handle on your finances.
- This Bank of America created short video offers helpful tips well beyond the oft-cited “make your own coffee.” The video goes into the bigger habits and thought patterns you can change to keep from falling into overspending traps.
- Dave Ramsey has been a personal finance guru for decades because he dispenses plainspoken, easy to understand advice for real people in real life situations. In this, one of his all-time top viewed videos, he explains the core concepts of his winning system.
- Funny and very relatable, Lydia Seen offers her “7 Daily Habits of Frugal People” in this video, in a straightforward style. Her tips are the sort that anyone can easily adopt.
- In this TEDX talk at London Business School, Adam Carroll explains an experiment he conducted with fake money to demonstrate why people spend more when they don’t pay with cash.
- In “15 Things Poor People Do That The Rich Don’t,” the host doles out a list of 15 habits that differentiate the poor from the rich. We suggest that you take the video with a grain of salt, because some of her descriptions are overly harsh and beyond the control of many people. However, we still think it’s worth checking out, because the habits she lists will nonetheless challenge you to think about how you spend your time and money.