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I have been working in real estate the last 10 years, which is really in the tank long term due to lack of inventory, sellers holding on to their refinanced homes and ever high interest rates. I have applied for at least 200 jobs of all kinds in Columbus OH in the last two years with disappointing results. right now I’m working a 15 hour a week hectic office job with no benefits and doing 1099 real estate transaction work for a realtor that I pay 30% taxes on for each flat fee closed transaction. These jobs are both for individual small business owners and when they go on vacation or have a bad month, then I get no income or less income. Since I own a condo with a mortgage, car payment and buy my own health insurance on the ACA each month it’s very challenging to get by. I totally understand what you’re saying about coffee not making a significant difference when lack of benefits, lack of enough steady hours and lack of decent hourly pay are the real underlying issues!

Velocity banking is helping to get me out of the debt hole I didn't know how to get out of. I opened a PLOC to help with contributing to three funerals during the pandemic after losing family members. I wasn't being consistent with paycheck parking every payday and overleveraged. Now 90 days back in, it has really helped me mentally and financially with a path forward to pay off all my debt including my mortgage and student loans. I've set up leveraging limit to avoid overleverages and payment schedule. I avoided the HELOC option. I use my experience in excel and knowledgeable experts on YT to keep me on track. Velocity Banking works.

I would not use a heloc for this, just make extra payments to principal.

It works well with credit cards as long as they don't reduce your credit line right after your lump payment. You can remedy that by putting in multiple small payments to the card till you get the amount you want in there.

I can add one - exercise. There are thousands of workout videos on RUclips for free. You don’t need to pay for a gym. I’ve been using RUclips for years. Dumbbells can be pricey, but sometimes you can find them second hand at thrift stores or sports exchange stores. And obviously walking outdoors is a great option when the weather is good.

Thanks for the info and the free budget binder and menu planning course! Love your normal content.

I’m here to support your channel. Once you gain popularity + millions of subscribers, please don’t forget us little people. 😂

I like this method.😊👍

Starting this past week to tighten up. Great tips! Thank you. Beautiful background too btw. ❤

You’re not alone! I panicked when I turned 60 and realized I was unemployed, $30K in debt with nothing saved for retirement. I got busy fixing my problem - sold everything, moved into a cheap apartment above a storefront, launched my own business and cut expenses to the bone. 4 years later, I’m debt-free with a solid emergency fund. I live on 40% of what I earn and put away the rest. Instead of guilt and regret, I fill myself with purpose and resolve. Staying debt-free and working for myself makes all the difference!

I’ve never shopped at Poshmark. Goodwill prices have always been lower and I like thrifting. Of course, Goodwill has raised prices too, but my area of central Arizona has a 20% off coupon for over $20, and one color each week is half off. I think if every platform became high, people would do without just like the old days!

I’ve tried several methods to track my income and expenses. The income I receive is variable and also some of it is 1099 and other is W-2. I’ve been writing out all my income and expenses in a budgeting book this year and looking for ways to cut back on things. Thanks for offering your budget binder. I will definitely check it out! With the New Year on the way, I’m looking now for what will work best for me in 2025!

Thank you so much for this update about Poshmark. Private equity ruined real estate that I had been working in for 10 years. Huge corporations begin buying all the single-family homes for cash locking out the first time Buyers that I used to enjoy working with so that they could buy their very first home and start a family. I’m now working two part-time jobs and back in debt at age 61. So glad I found you here- subscribed and get notified whenever you post. I really believe your channel is going to grow a lot. We are not alone!!!

Very good recommendations. I enjoyed your content. Thankyou for bothering and caring! ❤

I’m so glad your chat popped up for me today! I’ve been working two part-time jobs at age 61 that have no benefits and clearly that leads me to struggle every week. It’s good to know that I’m not alone with this situation. I keep trying to do all I can to improve things and, that has been extremely difficult the past couple years. Pay is so low and getting a full-time job in my city is an incredibly difficult thing to do at my age. I have applied for over 1000 jobs on indeed in the last couple years.

I bet the cavemen didn’t have money woes. I’m sure they problems in other areas. Seriously the best advice many of us over 50 can give SAVE SAVE SAVE when your young. It’s like use sunscreen when you’re young. There is something to be said about wisdom 🥰

I started over when I was 56 years old. That was 10 years ago -- I plan to work until I can't and save, save, save all the money I can! You can do it.

Emergency funds? I'm in a perpetual state of emergency living paycheck to paycheck, this economy is killing us.

Wow ten years! In Phoenix, we are lucky if our batteries last two years, because of the heat. But we always have credit on the old battery due to the warranty. Good job replacing it yourself.

I don’t know how many people realize the importance of budgeting. I keep a notebook with each monthly expenses. IMO that’s half the battle right there. I’ve done envelope budgeting for vacation and groceries. Unfortunately ( or fortunately ), I withdrew my 401K sometime ago. My 401K came in handy when things were so dire. I’m having to catchup on that loss through investing in mutual funds. Good video.

Very good product new here please let's be friends

We use Aldi for basics, don't miss a rewards card because the reward is that it's so much cheaper. I'm American but live in the UK, one of my first trips back to the US I practically hyperventilated in a Safeway cereal aisle, an entire huge aisle devoted to cereal 😂I couldn't handle the OTT choice overwhelm, who needs that much cereal??! My favourite Aldi special product are the Lebkuchen holiday cookies, they're my one-a-day with my morning coffee and make me extremely happy!

I agree with most of what you said, what really bugs me is when I find something we like, then it’s gone! However, the produce at our ALDIs is generally pretty good. I’m in the east metro area of Phoenix and we got ALDIs a couple of years ago. The stores are brand new, so maybe that has something to do with it. I rarely buy anything in the aisle of shame though, lol. The store brand quality is inconsistent, but I’ve learned what to buy. But it’s one store that I shop at for best prices or exclusive products. Within four miles of my house in any direction, I have Kroger, Trader Joe’s, ALDIs, Costco, Target and Walmart. I visit all of them, buying the best deals or best quality products. We also have Safeway, Albertsons, Sprouts and Whole Foods, but I rarely shop in those stores due to higher prices.

Ha! Ha! I agree about Aldi’s. That’s number 1. Aldi’s moved into our community about 10 yrs.ago. I believe I’ve shopped there a handful of times. It’s puzzling their parking lot is always packed. Number 2. Costco 3. Sam’s Club. The stores are okay, however, we decided buying in bulk was saving money.. We were wasting much more than saving. And my partner’s biggest complaint about Costco and Sam’s? Why should we pay to shop there when you can walk into Walmart and Kroger’s for free. 😄😃

It is not the aisle of shame ; its the GOODIE AISLE!!!!!!!!!!!!! I agree: it is not a pretty shopping experience; it is very basic. The product selection is becoming more diverse. Flashback to 20 years ago there was one version of everything and not much gourmet items. If Aldis doesnt have it, I dont buy it. The quality of the private brands has improved over the years too. You have to know your price points because not EVERYTHING at Aldi is cheaper. And you can really blow your budget on the gourmet items. Since I go there all the time, I know where everything is; they dont move things around all of the time.

It's about paying off the debt consistently, chipping off at it every month. Some months will be more difficult than other, try to find a way to pay back some money anyway, even if it's only like $5! Seeing the debt get smaller every month and taking back control of your life is the biggest motivation, you got this!

One exception for us was credit cards transferred for no interest rate. We had 18 months to pay off two cards. After that we paid off our car. Now we only have our mortgage. The downside for us is being in our early 60’s with no retirement other than social security. Fortunately, our mortgage is low. But we’ll have to work part time to supplement.

Just to verify... this is velocity banking, isn't it?? In a simplified version anyway (it uses minimum + interest rate in it's actual formula I believe to prioritize debt repayment). The term I believe they would use is "creating cash flow"

I’m 55 and in the same boat! So glad I found your channel!

I am a 57 year old single female. No debt, no savings, no assets and live in a rented caravan. Am learning disabled and a low income earner. Was bankrupted by a bank in 2017 (The government makes your life public, literally) but have been living without any debt for 10 years. I also don’t budget, there is no point. I have no choice but to stop spending when the eftpos machine says Declined. When you only earn just enough to pay basic living costs you are literally living in survival mode and in the reality of your situation. That tends to change ones beliefs about money. Try getting excited about budgeting for the future when your income will only pay basic living costs, its pretty depressing. Its tough if you have a physical disability but doubly hard when you are learning disabled as well. Life is stacked against me pretty well. Job opportunities are limited. You don’t have to spend time trying to change your money beliefs if you are forced to take action in order to just survive, your beliefs about everything changes pretty quick. And you just don’t have time in your life to ponder on what rich people think about. Here are my 5 practical tips. 1. Commit to a goal and don’t have a plan B, its do or die (most don't have the guts). 2. Put blocks in place so you can never get into debt again. 3. You won’t need guilt and regret or forgiveness because your brain will be focused on survival. Looking forward is a natural instinct. 4. Be the healthiest you can. I am always amazed at people who have a lot more money than me can have so many lifestyle illnesses. 5. Make as many mistakes as you can and pay attention to all the consequences. If you protect yourself from making mistakes you will learn nothing and you’ll be taken advantage of by others. You learn to see opportunities pretty quick when rent day is coming and borrowing just is not an alternative. And yep they all suck. But once you become accustomed to your new lifestyle, you will be thankful and you will literally wonder how you even existed before. When I look back at my earlier beliefs, today they just seem bizarre and non-sensical. The only two regrets I have is 1. that I didn’t live by these rules before I got into debt. 2. Getting into any debt at all. Today I live literally in the reality of my situation, there is no other alternative or choice. Its waiting for me every morning I wake up. For me, its not about looking back or trying to decipher my money beliefs, the reality has been a lack of life skills. Debt was my security blanket and I was enabled by it. Just like a husband or wife enables their addicted spouse. If you want to know what your mindset is about money, ask yourself “what would you do if you could never borrow money again.” See how much fear comes up and see how quick to run to the comfort of debt and spending. That will give you a start to change your money beliefs.

Where did my comments go???

Some 401k's have high fees, those should definitely be considered especially if there is no employer match.

My partner encourages investments. He talks about this with anyone willing to listen. I recently invested in the stock market, certificate of deposit for example. I plan on leaving these investments alone for 10 years. I should have enough in my reserve to pay rent, utilities, car insurance and etc;... in the meantime, especially if my partner’s health starts to fail ( or mine in his case ). It’s never too late to start.

This was profoundly helpful as always.

I wasn't able to add the video about the Fierce Rich Money Method to pay off debt because there was an issue with the video and I need to rerecord it.

When I have been in financial crisis all extra expenses had to go. Simply because any extra expenses were keeping me broke. And simply put I didn’t have the money for extras no matter their value. I don’t think pointing out easy things to cut is criticism. If you are watching their video and don’t agree that’s okay. If they are sharing their opinion on their channel that’s ok too. It’s a different matter if they are criticizing your videos but even then it’s okay to have a different viewpoint as long as they aren’t mean.

A thoughtful video!! I feel like I don't spend enough on self care, yesterday I was convinced I needed acrylic kiss nails from the dollar tree, but I dnt have a lot of play money rn, so I opted to just paint them and leave a nice top coat

I’ve been driving the same Toyota Avalon for 28 years. Buying a car is a huge waste of money! Fix the car you have.

Anything that is too restrictive without some wiggle room is doomed to fail. It could be a budget or an eating plan. Mine is certain books, I have some series I collect.

I cook and bake at home. I love to cook, and making time at the end of the day to prepare a meal is relaxing and nourishing. It's a bonus that it saves me money, I enjoy it so much. Also, to keep it interesting, I use multiple cookbooks that I check out from the library to get new ideas and recipes.

I used to believe “positively” would make everything okay, especially when things were terrible. I got my head out of the sand and faced my challenges. I believe this also landed me in bankruptcy court years ago ( fake positivity ). If bankruptcy doesn’t bring you back to reality - nothing will. Since that terrible time of my life, I resolved to keep my bills paid up and told myself NO to unnecessary purchases.

Sometimes it helps to have a good cry.

I will never understand why people continue to promote debt! Credit scoring is a f@#*ing scam and should not be supported by the public. Its rigged against us as you have pointed out. I have lived on a solely cash basis for 10 years. I have a statement on my credit report that I put against it to make sure that I can never get into debt again. It is also pin locked. I live in New Zealand so maybe its different in your country. I flat out refuse to do business with any entity that wants to put a mark against any credit report that is held against me by credit reporting agencies. I am a 57 year old female and live in a rented caravan in a camping ground. I also am self employed earning a low income so I don't actually have to live out of my car. My gross annual income as I reported to our tax department last year was less than $40,000. I can barely afford even basic cost of living. Lady if you have a roof over your head, even if its owed by the bank you are still rich as far as I am concerned. Because a house is still a tangible asset unless your mortgage has exceeded its value. And if you want a high credit score (in New Zealand) just file for bankruptcy or be forced into it by the high court and wait 7 years. My credit score today is more than 800 out of 1000 according to Equifax. And there is not a single debt entry on it! And if you want to sort your debt out - try giving up your addictions! And no I'm not a financial expert. The biggest regret in my life is getting into any debt at all. At least today I am free of it, forever. There's a reason why Dave Ramsay says "a credit report shows that you have been playing kissy face with the banks". He's right. I will never make peace with a corrupted financial system and I actively make submissions to our parliament asking for changes so we cannot continue being exploited.

51 years, no kids, tons of debt. Feeling tons of anxiety about my future. No retirement savings.

You have a fantastic message and website! :)

I’m 38 with a 17 yr old son. I wasn’t able to work good jobs when he was young because I was a single mom and didn’t have a babysitter for him and couldn’t afford daycare. I went to college thinking it would help me to get a good job but it didn’t. I ended up in a lot of school loan debt. I didn’t get a “decent” paying job until I was 30 but I have raked up tons of credit card debt and doctor bill debt as well just paying for groceries, gas etc and keep us afloat. My rent has went up $150 in 3 yrs and it’s breaking me even more. I’m thinking about finding a new job altogether next year or a second job once my son graduates high school.