- Видео 13
- Просмотров 1 358
Hybrid Budgets
Добавлен 7 фев 2012
Welcome to my Channel!
This is my journey trying to pay off £20K+ in debt and also being more organised with my budget.
A bit about me:
I used to be single so this was a single budgeting journey whereas now my Partner has moved in and we are are in the exciting stage of potentially getting a house together and budgeting for other life events.
My take home salary is about £2,500 plus expenses so I'm calling this 'Middle Income' but essentially at this point if I lost my job I wouldn't be able to keep up with any monthly payments!
I have branded myself as 'Hybrid Budgets' because although I LOVE Cash stuffing and Cash Stuffing videos, it doesn't work for me. I budget and save using Bank Pots but the same principle could be used using cash envelopes. I am Monthly salaried so I will upload my Budget videos monthly along with a debt update!
So welcome!
Join me on my journey to becoming more financially secure and
HAPPY BUDGETING!
This is my journey trying to pay off £20K+ in debt and also being more organised with my budget.
A bit about me:
I used to be single so this was a single budgeting journey whereas now my Partner has moved in and we are are in the exciting stage of potentially getting a house together and budgeting for other life events.
My take home salary is about £2,500 plus expenses so I'm calling this 'Middle Income' but essentially at this point if I lost my job I wouldn't be able to keep up with any monthly payments!
I have branded myself as 'Hybrid Budgets' because although I LOVE Cash stuffing and Cash Stuffing videos, it doesn't work for me. I budget and save using Bank Pots but the same principle could be used using cash envelopes. I am Monthly salaried so I will upload my Budget videos monthly along with a debt update!
So welcome!
Join me on my journey to becoming more financially secure and
HAPPY BUDGETING!
Debt Update July/August 2024 - I NEED YOUR HELP!
Welcome to my Debt update video.
I have some very good news in this update and also I have a plea for help! Stick around to the end if you want to see the new trackers I have created, which I will be using going forward in my 'cash stuffing' videos!.
My Plea for help:
OPTION 1 : SMASH IT! - Put everything i have towards debt and get it all paid off ASAP
OPTION 2 : Run that Marathon & Save for the Future! - Split the debt up and pay enough so i don't get charged the additional interest but take time with it, go steady and save up for the bigger stuff for the future.
Would love to hear your guys thoughts and opinions!
Hope you all have a great month - Happy Budgeting!
I have some very good news in this update and also I have a plea for help! Stick around to the end if you want to see the new trackers I have created, which I will be using going forward in my 'cash stuffing' videos!.
My Plea for help:
OPTION 1 : SMASH IT! - Put everything i have towards debt and get it all paid off ASAP
OPTION 2 : Run that Marathon & Save for the Future! - Split the debt up and pay enough so i don't get charged the additional interest but take time with it, go steady and save up for the bigger stuff for the future.
Would love to hear your guys thoughts and opinions!
Hope you all have a great month - Happy Budgeting!
Просмотров: 69
Видео
August 'Cash' Stuffing
Просмотров 6121 день назад
Hello and welcome to my August 'Cash' Stuffing. Apologies in advance this video is all over the show because i had to re-film half of it, but all the challenges have been completed. I use fake cash as placeholders and only 'cash stuff' my long term savings goals with these placeholders. I have recreated the challenges from various savings challenges I have seen on Etsy (Partly to fit my colour ...
August 24 Budget
Просмотров 5721 день назад
Hello and welcome to my August Budget! This video goes through what by pots are at the start of the month, my plans for the month and then the budget! If this is of interest to you please watch along and like and subscribe!
July Budget 2024
Просмотров 119Месяц назад
Welcome to my July Budget! This video is going though my accounts to date, how I plan for my budget and how I set it up going forward for the month. This month I'm also budgeting in for some saving's challenges and prepping for 'cash' stuffing. If you are finding these videos interesting please comment, like and subscribe! Hope you all have a good month and Happy Budgeting!
July 'Cash' Stuffing
Просмотров 48Месяц назад
Welcome to my July 'Cash' Stuffing where i am using Note placeholders to stuff my Long term sinking goals. Let me know what you think and whether you like the challenges and also let me know if you are an ardent cash-stuffer and love a savings challenge how you budget for them! The challenges I have used or adapted are listed below: GroundedBudgets - Split, Splat, Splot www.etsy.com/uk/listing/...
June '24 Budget Closedown
Просмотров 25Месяц назад
This is my video for my June Closedown. I'll go through my virtual pots and also go though the budget of June and review what I actually spent!. Hope you enjoy please like and subscribe also comment if there is anything you would do differently or anything you like! Hope you all have a great month, Happy Budgeting!
Debt Update June & How I nearly costed myself £1000 in unplanned interest!
Просмотров 602 месяца назад
Update on how much I have managed to pay off my Debt in May/June and how I got the shock of my life on one of my cards and how inaction would have costed me over £1000 in unplanned expenses! Apologies about the shaky cam, and hopefully the content is clear enough to see. Please like and subscribe and feel free to comment if you would have done something different, love to here peoples ideas and...
Savings Challenges May 24
Просмотров 142 месяца назад
A planned to be "shorter" video going through the savings challenges I have set up and where they are up to in May. Apologies for some of the quick transitions my phone kept on running out of space! Hope this will be of use and please comment on any other good savings challenges to do! Happy Budgeting!
June Budget & May closedown
Просмотров 302 месяца назад
Hi welcome to my May closedown video and setting up my June budget, sorry its so long but a few things to go through,
Debt Confession & Credit Card Priority
Просмотров 7952 месяца назад
Hello all this was a hard one to do! This is my Debt confession - where I am to date with all my credit cards but also how i track them and work out what i owe on each and how to set a priority of paying them off. It also includes an example of by Debt pay down matrix on how i can forecast what my debt will look like if i only pay off the minimum or add extra to them, and a way i can work out f...
Budget Binder Flick through
Просмотров 253 месяца назад
A flick through of the budget Binder I have created for 2024, hopefully to give others some ideas on how to track/plan your budgets.
April Closedown and May Budget
Просмотров 423 месяца назад
Welcome to Hybrid Budgets! This video is going through my April budget for 2024 and how I close it out each month and also how I set up for the next Month of May! Join me bumbling though this and hopefully providing others insights and useful ideas for their budgeting journey whilst also keeping myself accountable by posting to RUclips. Please like and subscribe and comment if you need help/gui...
You'll need to figure out what's your main priority. If having a smaller debt payment but some savings that will stop you increasing or going back into debt, then go for that option. Personally I'd chose option 2 until I atleast had 1-2k saved.Then I'd reassess. Great video.
@@ThePennySaver Thanks so much, yeah I think you are right. I've got Emergency Fund saved but saving £1K at least for the future sounds like a plan! X
Youre doing great. Keep going 🎉
New subbie! Great stuffing! Hugs my friend. 🤗🤗💚💚
Fingers crossed the month shapes out the way you planned it!
New subscriber.r all the best , I will be cheering you on 🎉
@@Mon.OnMoney Thanks so much!! 😀
Am sure you know this already but if you don’t pay the entire balance on your credit cards before the end of the promotion time the credit card company will charge that interest right back to the date you took out the money. You are doing a great job at writing all this down to get an accurate picture of your debt.. good job. You’ll do it! ❤
@@olwenkempson455 how do you mean sorry? Usually when the promotional offer at 0% ends it then charges the new % but just on what's left on the balance? Unless I've completely misinterpreted it in which case I'm badgered! 😅 Thanks so much for your support! 👍🏼
New subscriber! Looking forward to watching your journey! 🩵🩵
@@NextLevelBudget Thanks so much! Let's hope it goes to plan!! 😅
@@hybridbudgets you’ve got this! 🩵
Seems like you had a really productive month, well done! The only thing I would say is I don't think you should need to pay to keep an account open, so the NW charge of 13 pounds seems quite steep. So many banks don't charge you to do that and will offer incentives to switch, have you considered changing? Hyperjar also does the savings pots and I believe is free too, so might be worth looking at.
@@milkteachilled it's a monthly fee for the upgraded account which covers phone insurance and travel insurance so I don't mind paying it as I think I've gone through 2 phones this year 😂 so it's already paid for itself! Thanks though I'll have a look at the other one 👍🏼
I can see why you want to avoid the habit of putting off reducing your balances by doing transfers, but under the circumstances I think it was probably the most sensible thing to do. As long as you're aware and working on it, there's no reason for you to pay more just to avoid them. BTW, if you're on a windows machine, press the windows button+G together and it has a built in screen recorder, then you don't need to point your camera towards the screen.
Thank you so much one both points! I watched the video back and I felt a bit sea sick so that's super useful and hopefully the quality will be better also! Thanks for the comment and completely agree, it's a no brainer on the financial side but i don't know why it just feels as though its a step back (which is ridiculous!). Hopefully you will any new videos coming up:)
Had this video suggested to me and popped in. Forgive me if I'm miscounting, but I'm getting a total of 18,769.14 as the total debt of your cards. I can tell the total really affected you, are you sure you didn't count something twice?
I 100% did count something twice thank you for pulling me up on it! I counted the MBNA whole as well as the separate ones! Thank you for flagging! and yes quite difficult to get it all down and and record but glad i have, it's done and the plaster has been well and truly ripped off!
Great video, good luck with it x
@@hybridbudgets I'm glad you're feeling good about your progress and it definitely wasn;t to pull you up on anything, I thought you might just be relieved that you actually had a little less than you thought!
@@milkteachilled oh 100% Thank you! 😂
Love this ❤ very well thought out!!! We'll done and you will absolutely achieve this goal
Thanks so much, here's hoping! I have been a consistent Balance Transfer Girl for a while so really trying to get the Debt down as opposed to shifting it around, breaking it down has really helped to set out a way I hope i can pay it all off!