A 28-YEAR-OLD millionaire has revealed a simple way people can cut their spending and boost their savings, and all it takes is one small change.
Vivan suggested that ditching your cable TV subscription and switching to on-demand sites like Netflix could be an easy way to cut your monthly costs.
The money coach, known online as @yourrichbff, suggested that people could save as much as £1,200 a year – and still have access to all the shows they love.
In a new TikTok reel, she said: “I’m a 28-year-old millionaire and you will never catch me spending money on cable TV ever again.
“When we moved from our last apartment, we finally took a look at our cable bill and found out we were spending $120 on cable TV every single month.
“We were spending $120 a month on 500 channels. 495 of which we weren’t watching.
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“That’s $1500 every single year.
“I can get ad-free Netflix, HBO Max and Hulu for about $45 a month. That saves me $900 every year, that’s a lot of money."
During her 48-second video, Vivian also explained how her followers could use that money to massively boost their savings.
She added: “But even crazier, $900 a year, or $75 a month, invested over 40 years gets you $233,000 by the time I retire.”
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She confirmed these numbers were based on a scheme that offered an eight per cent growth rate.
“I’m not saying you need to give up cable if you love it, but if you can, some small changes today can make a big impact on your future.”
In the UK, it would cost £22 to do something similar. That’s £8.99 for Amazon Prime, £6.99 on Netlfix and a £5.99 Britbox subscription.
Fans loved her quick idea, with the video gaining more than 7,700 likes and 114,000 views.
In the comments, other TikTok users shared their reactions – with some confirming the idea has also saved them money.
One wrote: “Great advice. I gave up cable years ago and never looked back.”
Another agreed, adding: “Tbh people only watch about 3-7 channels on cable anyways. On top of having to sit through pharma, political or auto ads.”
“Absolutely!! This is a great tip I learned years ago. Never going back,” a third commented.
Someone else put: “Wise words.”
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