I saved £50k in four years with three simple rules – now I have two homes and I’m only 27

A SELF-STYLED “career and life bestie” has dropped her tips to saving £50,000 in four years – and assured it’s not as hard as it may seem. 

Money savvy Kennie revealed that from when she started working at 21 until she was 25, she had a three step strategy in place.

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Talking on Tik Tok, she revealed that she “didn’t do anything that special” to save money.

However, her method takes consistency and not getting caught up in what she calls “lifestyle inflation”.

Kennie started: “I get asked a lot how I was able to save up £50,000 by the time I was 25-years-old.

“And go on to buy a property, have enough money to buy a second property because the money kept growing.

“And to be honest, I didn’t do anything special.”

The compliance officer added that she didn’t listen to the advice of “personal finance gurus” online and still had everyday luxuries like coffees and a Netflix membership while saving. 

She explained: “I actually enjoyed my life at the same time.

“There’s three main things, right.

“The first thing is pay yourself first.

“At this point I was like 21 and I was earning £28K.

“Every time my salary, I’m cutting that in half – half of that is going straight into my savings and I am not touching that money.

“If I ever had to touch the money, now I owe myself money and I’m paying that back next month.”

Kennie’s second tip was “opting for high paying jobs” and moving on from companies if you can get a better salary elsewhere. 

However, she admitted that having a larger salary prompted her to buy a fancy BMW which caused “lifestyle inflation”.

Kennie explained: “That’s lifestyle inflation – avoid that because that will eat into your savings.

“So what I did after a while… I was like, ‘I’m selling this BMW’.

“I was paying £300 a month towards that and I wasn’t able to save as much.”

By selling the car, she avoided lifestyle inflation and kept her monthly outgoings down, meaning she could invest more into her savings. 

Kennie then bought a cheaper car to align with her saving goals. 

She penned in the caption that she wants the video to inspire people working a 9-5 job that feel as though they can’t save.

Another major key to her savings goal was living with her parents for as long as possible. 

Kennie’s video struck a chord with thousands of people.

It has totted up over 220,000 views and 26,000 likes.