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Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

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6 tips for starting up a Youtube channel on a budget

So your head is buzzing with creative ideas and now you’re finally ready to start your own Youtube channel. There’s just one thing holding you back…you have no money!

The truth is, you really don’t need a boatload of cash to become a Youtuber. We’ve all heard of the saying ‘When life gives you lemons, make lemonade.’ In other words, it’s all about how resourceful you can be with the little you have. So here are my top tips on how to start a Youtube channel without breaking the bank.

Use any camera device  

If you’re just starting out on Youtube and not sure how seriously you want to take it, forget about paying for a £400+ camera. Chances are, your smartphone already has HD and can do the job just fine. Or if you have a laptop, why not use the webcam feature? Really, just look around and start with whatever you have. This will save you a hell load of money! And once you get a better feel for what you want to do behind camera, then you can think about other options. Check out these useful tips from vloggers.

Shoot using natural lighting

Lighting can be your best friend or worst enemy. Literally! Even with the best mobile phone, if there’s bad lighting, you will get bad footage. Many people think to get quality video footage, you need a big fancy ‘home studio’ set up, with ring lights and all that jazz. While that can be useful in certain settings, the best light of them all is actually sun light. And thank God it’s free! All you need to do is plan a schedule where you’re up bright and early, and watch Mother Nature work the rest of her magic. Here are some more tips on shooting great videos in natural light.

DIY Home Accessories

Buying fancy photographic backdrops may look good, but at what cost?  If you haven’t got the budget (which can be pricey), you can easily make use of things around the house like bed linin sheets. Or you could go to the fabric store and buying fabric at a fraction of the cost. Watch this video as an example. A tripods is another common accessory you’ll need, but is to use a stack of books. You’d be surprised by how many things you could utilise around the house just by taking the time to get a little creative.

Content value vs production

Making your videos look fancy with amazing production and editing is cool, but actually, it’s not what people really care about the most. What people really want is good content value, which costs absolutely nothing! Whether you’re doing product reviews, entertainment, motivational videos – none of that is dependent on equipment, it’s all about you and your originality. With that being said, make sure you focus on creating strong ideas and use your personality to sell it. Easy peasy!

Free tools

Speaking of equipment, if you are filming from your phone there are hundreds of free editing apps you can download from the App Store or Google Play, which can work wonders for your video production. If you’re unsure where to start, here are some of our top picks. Or if you’re not the savviest person, or you really just don’t have the time, check out Fiver. This is a great place to go as a last alternative, plus you can get videos edited for as little as…you guessed it £5!

Borrow borrow borrow

If all else fails, borrow from the people that are useful around you. If you’re a student for instance, you could ask to borrow some gear from a video production class. Or maybe you have a friend that is a photographer and can volunteer to help them out in exchange for using their equipment. Remember to always look for opportunities where you can utilise the contacts around you.

For more tips and advice about money, follow our socials at @MoneyForLifeUK and don’t forget to download our money savings app!

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Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

Launch Chat

Chat to the Money Advice Service
Monday to Friday, 8am to 6pm
Saturday, 9am to 1pm.