Are You Delusional About Your Finances?
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- Опубликовано: 13 июн 2024
- This is in response to a comment on one of my older videos where someone says they live off of $700 per month.
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My best advice is stay away from people that are not on the same level as you. If you're investing and paying bills, you can't be friends or date someone living on credit cards and taking out expensive retail loans, it's just not possible. You have to have the same mindset.
If you listen to this channel's information over all and follow her suggestions you WILL save money. I know because I did. Thanks for your work, PP. God bless you and all here!
Dear Prepper Princess, I’m a big fan. This video is great for helping to figure out total monthly expenditures. Thank you.
I need to ask how often you buy nail files, clippers, and other manicure grooming equipment. I’ve had mine for years. I don’t use nail polish, so I don’t need to buy polish or polish remover. Nevertheless, I try to always have my fingers and toes well groomed. Why would any expense for manicure equipment constantly need to be updated? If by well manicured, someone means trips to the nail salon, then I can see a need to list those trips as an expense. If someone uses their own polish and polish remover, the expense to keep their nails looking natty might be very minimal.
Very often looking great is a matter of staying in shape nutritionally focused eating, grooming, taking time to learn about and develop a super sense of style.
Here are two hints.
1. If you find a pair of everyday shoes that fit, buy two identical pair and wear each pair on alternate days. By allowing your shoes to rest one day between being worn, their longevity will last 50% more.
2. Shop for clothing that coordinates with other garments in your wardrobe. By keeping your clothing choices in the same cor family, there won’t be a need to buy a sweater, a bag, or anything to match. Having matching accessories and separates means always looking well put together, which does confer a more elegant look.
I get around $ 700 a month disability. My PT job at BBW is around $300 a month. I'm 56. I also $220 a month food stamp card. I also get a supplement card of $40. Which I use as a gas card. My 2007 Ford edge is paid off. Insurance is $60 a month. My rent is $375 a month. This includes electric and 5 free lunches a week. Yes. I am blessed. This has enabled me to save around $ 2000 so far. Plan is to move back to OKC and live in a similar situation. To do this it's called "sacrifice" living way below my means to prepare for my future. Thank you for all the "priceless " information on your show
$1000 average is what I spend a month “but” I do split rent and go to the food banks… ect. 😅
I agree, I don’t think it’s possible without assistance of some kind. ❤ 😊
I think she's renting one room from someone.
I assumed that she was in senior housing. It didn’t occur to me that she might be renting just a bedroom. But probably more realistic with what you said.
What if they have a large vegetable garden? That might keep the food cost lower..
They did not include costs for a garden. Gardening isn't free especially if you want to maximize output. That's a cost that would need included in the budget.
Horror story: I spend $7,210 a year on property taxes, not including insurance. Washington State.
Oh wow. I've never understood why you have property taxes. We don't have to pay anything in my country.
@@francesmcstay That sounds outstanding, way too go!
Yep and that's why I left. (And the squatters but that's another story). It will only get worse there.
@@teripittman So far no squatters in my places but I did have a family of tenants who refuse to clean up after themselves...which hit me in my pocket book.
I live in the Midwest and for one year i purposely rented a mother in law cabin on someone elses property paid $575.00 a month including all utilities
I live in London UK so it is going to be different as for people in USA. But my monthly budget is from 1150 to 1248 pounds monthly - depends how many weeks is in the month. I have been sharing house so my rent is 700 with bills included, weekly food budget is 40 (I can do it cheaper but I want to make sure I am eating properly and I don't use to spend all that money) phone is 8 pounds, life insurance 50, traveling to work - depends how many days I work from home, health care in UK is for free. I cook from scratch everything just because next year I want to buy flat. And this way is allowing me to save over 1000 pounds every month for flat deposit. Is it easy - not, is it worth it - yes.
250 electric, 20 N. Gas, 338 Allstate insurance, 106 moto insurance Geico, 86 Verizon. Insurance is eating me up.
I'm living proof you can live on $1600/mo. Rent inc. gas, electric, water, trash, wifi $1250, food $200, bus pass $40, health/dental insurance $25 (after $600 ACA credit), streaming services $50, Mint Mobile $15, misc. $50. I cut my own hair, don't wear makeup, buy thrifted clothes and don't own a car. I'm a Le Cordon Bleu trained chef so I cook my own food and don't eat out. No food or housing assistance. I'm 63 with income from Social Security, pension and side hustle totaling $6600/mo. I'm saving $5000/mo.
This is encouraging, thank you!
Im wonder what type of medical insurance do you have. The premiums for plan B of Medicare cost much more than that.
How are you getting ACA if you have a 6600 a month income. That would be disqualifying.
Look at you!!!:)
That’s pretty awesome
PP I like that you keep reminding us to watch our $ flow. When I start to get a bit spendy...you help to reel me in. Best.
We live in Canada, and everything is exorbitant. It's actually crazy. We spend like $1000/month just on food. Can't do gluten/dairy so that's part of the problem.
Most people don’t know where ALL their money goes, they just pick the big expenses like rent/mortgage, utilities, insurance, etc. by that persons list of expenses they NEVER eat out, NEVER buy a coffee, soda, drink, snack, etc, NEVER buy clothes, including undergarments and sock. Just doesn’t sound realistic.
If you have quarterly or annual bills you still need to calculate the monthly cost, add it to the budget and hopefully put that money away in an account so you have it when it’s due.
Another thing most people don’t do with their finances is factor in any insurance deductibles. Auto, home, medical insurance all have deductibles. The tip I got from a financial channel was to have a deductibles bank acct separate from your emergency fund to handle that. It’s especially helpful if you have high deductibles.
Let’s not forget pet bills.
I was definitely raised to be financially delusional. Watching the outcome for my elders in the Bay Area is sobering! And a wake up call. Now, I watch you and channels like yours to ground me and learn to improve my frugal habits. Last year, I left the Bay Area and halved my expenses. Since January, I have deleted my 20k car/cc debt which is both a point of pride and shame in equal parts. But my student loans still loom for my complete waste of money higher education, for which I borrowed to partially fund. My actions over the last year show I am committed to doing better. But it is a total shift in mindset for sure. Thank you for keeping me inspired on this journey! 💚
❤❤❤
Wow, you’re doing amazing.
You've got this!!!
Hello princess I love your videos and that you share your life and knowledge with all of us. Thank you for all that you do 😊😊😊
500 for rent?? You cannot rent a bedroom here for that. It's more than 40 for electric here without the meter even moving.
Apartment 572. 00
What about vet bills for pets
hmmm..... if you work as a cook at a restaurant....you don't spend much money on groceries. When I worked at a restaurant, I would take all the useable food waste home at the end of the day, to feed to my chickens. Also leftovers that couldn't be sold anymore. (Had a room mate who loved the leftovers I brought home, lol) My boss at the Restaurant was very happy that I did that, as it reduced the kitchen waste, and I brought my own reusable containers. Didn't have to clean and iron my work clothes, as those got supplied and washed at work.
So, I think if you work in a food related industry, $70 in groceries could be realistic...
Well, I am doing many things wrong and def spend much more than PP and other subscribers but I am learning. I am already implementing changes after one short week of watching PP videos.
“ I am the cheapest person I know 😂” that gave me a good laugh ❤
I analized my budget and figured out a large majority of my expenses are tied to other people, mostly needs of my elderly parents and extended family & friends. From transport costs - no1 expense! - and birthdays, holidays, to a gazzilion things they can't buy where they live and I need to bring them, not to mention time needed to buy it...I spend close to nothing on myself. What I need is mostly free, swapped, broken tech fixed, DIY, things left by the dumpsters... it's slightly annoying. If I would live a regular life with buying all off that, I couldn't save anything for the future.
It’s not rare apartments are heated with electric, every place I lived has only been heated with electric & that was also when I lived in Ohio. Her post said she mainly walks or gets an Uber occasionally so she probably doesn’t have a car. I think you are taking this comment out of context & forgetting its cheaper to live in the Midwest than in California.
This is why if you do something out of the ordinary, people tend to keep it to themselves. I live on less than the commenter. Just outside of Tampa, FL. Car insure-82, Electric (no gas)-100 (slightly less in winter & spring & more in summer), budget 75 for food & whatever but never end up using the whole thing, Water-17 (no sewer, on septic), Trash-17 (paid quarterly), Property Taxes 46 (552/year as of this year), Phone- 20, Car Gas- 50, Spectrum Internet- 40. Budget 40 towards Car Repair or Oil but will stop soon cause the envelope is getting full. Bought house in 2010 after crash cheap. Bought car new same year, still driving it, 155k miles. Don't have insurance, pay $79 cash 2x/year for teeth cleaning & exam. Guess about 500/month. Give or take a few. If someone sends a gift card for birthday or Christmas I use it either for gifts or a couple thrifted clothes. Always nicely tanned cause I take walks, nicely manicured because I own a cheap nail file and a bottle of clear polish. Can be done. 2024 baby. Also, paper towels are dumb, baby shampoo makes great tear-free facewash & lasts a year. Pinterest for DIY all purpose cleaner, hair detangler, Wrinkle releaser etc. Couldn't start a RUclips. Too shy and hate the sound of my own voice lol.
The point was…could you do it without help. This person said they did it without help BUT had free insurance. I could live on $700/mo if my insurance was paid, or $550/month f I had no car but I’m not fooling myself
I have a car and no help from anywhere, but I don't have any health insurance either lol. Sucks if I break my leg. All out of pocket. I'll get the insurance at some point like you did.
@@PrepperPrincesspaying for health insurance is not the flex people think it is when 32 other developed nations have single payer healthcare. I would like to see the US move in that direction.
@@amydecker6207not when half their paycheck is taken for taxes to pay for that healthcare that isn’t great. It isn’t free the citizens pay for it, do some research
You should research how much the U.S. is really taxed. We are REALLY already taxed over 50%
Prepper Princess 👑 I thought of you today when I bought my Navel Oranges 🍊😂 I loved your last video “cheap eats “ and loved those pups at the end !
Not delusional intend to keep my finances private! Love running into you particularly at 4 am in the morning! You are still my favourite poster! Keep up the good work! Aussie Lady!
Mabye that commenter wasn't from the US? I live in Poland where healthcare is free (we all pay taxes so it works) and sometimes when your income is very low or you are still a student up to 26 years, you have tax free income. Dollars compared to our currency are stronger so groceries are cheaper in comparision. Usually internet, garbage, sewer etc. Is included in rent.
I'm really happy to live in a country where I have free healthcare and education. I almost finished my masters degree and I plan to start saving. Thanks for the videos!
I use a financial calendar. I made it in Excel I have a base amount that repeats every month because this amount is our fixed costs. Then I put in annual, quarterly, and semi-annual, costs. I budget $7,000/year for travel (annual trip to visit family in Europe and the UK). We track our actual monthly expenditures. Our budgeting is probably rather loosey-goosey but it works for us!
I want to share this with you. I am retired. I own an airbnb for extra income along with Soc. Sec. I am frugal with my money for the most part. As a word of warning to many of you who have children/adult children; be mindful of the money you "loan" them. It's likely you will never get it back. It can/will drain YOU of your retirement resources. Think first, how will this "loan" affect me as I retire?
Wise advice.
We never loan the kids or grandkids money! We give it to them if needed, tell them they have to repay and put it away for next time. We consider it a gift and if they need help again, it's already there when repaid. If it's not important, we don't give them the money. I've always got jobs that need done if they want money for a want.
The uncertainty of Social Security is looming out there with unknown projections . It will probably not totally go away but it is pretty certain that it will be cut to a degree that most will need supplemental income
@@johnlatham3854 SS IS a supplemental source of income for when one retires. Paperwork from the social security office even states this in black and white. Anyone nowadays needs to learn ways to "put back for a rainy day(retirement yrs). SS was not meant to fund one's retirement in its entirety.
Thank you for saying this. Not enough people do. Parents of adult children have zero obligation to loan or gift them money. I always tell mine that they can do their laundry at my house and come over for dinner. Hell, I’ll even send you home with leftovers or maybe some canned goods, but they all know I won’t give or loan cash.
Always love your videos! Hope you, Rocky and Nala have a blessed Easter!
I live in the midwest. No way they are living like that with no help
I retired from being a caseworker for the welfare dept. I had a client, A girl in her early 20's, that was applying for liheap. She had one child and was saying how hard it was to keep up with the bills. I looked at her account and no child support was received. I told her to go apply for it and it would help her out. She got mad and said she did not want to because she was raising this child on her own. I then told her but you arent. You receive food stamps and liheap and the tax payers are supporting you not the child's father. She did have a low paying job and also received rent assistance and childcare assistance. The only assistance program in PA that requires applying for child support is the cash program which she was over the income limit for. This is peoples mind set these days. I always said that if they want to do welfare reform, it should be a requirement that if they have children in the house, they must apply for it in order to get the benefits. Would save a ton of money.
I'm delusional about just about everything. 😍
😂
Me too I couldn't get through if I wasn't delusional😂
@@joannedibben2352 😍
Life is just better that way, imo! Thanks for the LOL, btw. 😁
@@gmh56 😂
I try to watch my spending but if I want something small that I can afford, I get it. I’m not out to break records with frugality, but I’m doing good.
This is the episode that pushed me to join you on Patreon. 4.15 time stamp made me spit out my coffee. ❤️
I don't know why people think that purchasing land and homesteading is cheap and easy. You're right, absolutely delusional.
Hi do you watch Think Like A Horse? Your image and name are familiar, and I think you travel for work?
All I know is if they do have only an electric bill, it wouldn't be cheap. My 800 sq ft house is all electric and my monthly bill is between 300 and 400 dollars during winter.
I think that person rents a room.....not a whole house eh.
OMG, my house if 1400 sq feet and my bill last month was 44.04 and nat gas 21.56. My electric doubles in the summer.
@@TheBudgetWarriorBefore we got Solar installed, our Electric was app. $350 per month. We heat mostly with wood.
Seldom chat about finances in "Real Life" because people keep telling me I'm delusional -
I paid off my student loans to free up income - "You're delusional"
I drive an old car to live with with no payments - "You're delusional"
I'm cutting lifestyle to fund extra pension and investments, and overpay in my mortgage - "You're delusional"
I'm saving to cash flow a home renovation rather than a second mortgage - "You're delusional"
Actually, I'm fine, thanks for asking 😂
At 15:45, my parents loved listening to Dave Ramsey on the radio for the same financial horror stories but never admitted it.
Lol
Well that thumbnail left me feeling attacked. 😂😂😂 keep up the good work.
One commenter suggested that she could be renting a room, which is possible.
Also some people’s bodies are unusually calorie efficient and they don’t need as much food to maintain themselves.
Sounds like this person lives like Dolly Freed did.... Yes it is possible.....but not likely. There are folks out in the woods who hunt and gather and forage and perhaps rent a room from a friend or relative who are capable of living on such a low budget. In Canada we don´t pay for basic health care, but I wouldn´t consider someone in the USA who gets health care cheaper from the gov´t to be living off ¨help¨. If a person qualifies for some kind of cheaper health insurance premium, why wouldn´t that person accept that cheaper rate? Living to prove to someone that they are the cheapest American is not the American dream, nor the Canadian dream.
It’s not bad to get gov help. If you are receiving help but don’t acknowledge it when disclosing your budget, you are telling falsehoods by omission. The truth but not the whole truth.
"Why" you ask? Because people who are working are subsidizing via our taxes to fund those "free" healthcare deals. So YES, they ARE living off the "help". Unlike Canada we don't have "free basic healthcare" provided to EVERYONE. Even when one is rec'ing SS the recipients of such STILL have to pay for Medicare Part B plan at a cost of $174 a month (Part B does NOT cover dentist/hearing/vision) and people rec'ing FREE healthcare because of low income don't have to contribute to the pot?
FYI Free health care in Canada costs in taxes. On average for 1 parent & 1 child household contributes about $3909/year in taxes for medical, a single individual $4296/year ($264/month USD), and the average income household of $75K about $6521/ year ( $401/month USD) in various annual taxes. Yes there is a tax "cost" but worth it to ensure fellow Canadians have proper medical coverage regardless of their socio/economic background.
she could be renting a room
I live in the tropics BUT do not use air conditioning. I own my house and car outright. I live in the mountains, over 30 mins to nearest store and an hour to 😮supermarkets etc.
HA fees which includes rubbish collection $75, we provide our own water and electricity from our rivers so costs are low - water $9, electic $10, gas $10, starlink and phone $74, property taxes $50 - no tax on first $158k of house value, food, cleaning materials, pet food $211, car repair fund plus insurance etc. $200 - you get through a lot of tires up here, petrol and tolls $160. I could cut down on petrol by not going to supermarkets/town but that is my relaxation - go and have a coffee, read the newdpapers, be amongst peope. I probably save around 50% of costs by buying the big discount damaged/closd to sell by date items. I get the money in cash each month and use the envelope (zip lock bag) system. I have no medical insurance but if I had a majir illness I would return to UK. If I was in a bad road accident here I have plenty of savings. Clothing $200 I have mamy items over 15 years old and going fine. I have never been a big consumer so have always saved and spend my money on travel, sustainability, solar - not financially viable but if the electric lines go down we are at the end of the queue for repairs.
I haven't been delusional about my finances/budget/spending since I started watching you! Thank you!! Have a lovely Easter. Hugs to Rocky & Nala, so so cute.
Seems off to me. I don't have rent or mortgage, no car payments, I barely leave my house and I still spend over $700 a month.
My property taxes are over 650 a month here in CT.
I have to say it and and I am sorry the truth hurts...but I know people who boast about signing up for multiple food banks and get hams turkeys all kinds of stuff ... not just from one place but many and they boast about it. BOAST! I know they could live more frugally and do what I do shop sales clearance etc...i just can't believe what people will do to save a buck when I know there are people that truly need it for a family of kids. I never took from any of these places even when I seriously was down and out. I made due.
So excited when PP uploads‼️
I freaking love the end clips of the dogs
Awwww Rocky and Nola 😊😅❤❤
It is possible to have no heating bill if you live in a second floor apartment. I did that one year in NY and I sometimes opened the windows. It was a long time ago but the electric bill was never over $50.
I had a 2-story house and didn’t have to heat the upper floor.
I'm not. Not at all. LOL. But I used to be silly with credit cards. I am ( as of this spring ) ten years clean of them. Yay. But I know so many people who are delusional about it. I sure do enjoy your content.
They must live with their parents, get free food( food bank or Parents? Yes how is this possible?
Thank you for your wisdom. Love the pups. So darn cute!😊
I did this in my late 20s and saved enough for a deposit for a flat. I am also doing it now to be aware of what I am spending and I am well within my meager budget. It is well worth doing. I collate my quarterly and annual expenses and calculate the monthly costs and add it to my monthly expense sheet. I also check off my bank statements to ensure I don't miss any items. I am able to live well food wise as I almost never eat out. It is surprising how well you can eat if you plan and prepare your own meals. Great video.
What's amazing is how few people know this. We took our kids out to eat once a week. We almost never go out to eat now they are grown since we prefer home cooked. We rent airbnb on vacation so we can cook. We went out once for a Mexican dinner, normal restaurant last vacation and a normal meal cost 72.00. I was in shock. Since it was a normal American restaurant, there was plenty left for the next day but that would have paid a week's food for us with all the staples we keep on hand.
Depending on where this person lived, I could see these numbers making sense. It's the part about wanting to buy land to build a house etc. that I'm not buying.
Your 2 dogs are such fun to watch. They make me laugh.😊
Decent apartments that don't look like something from Breaking Bad , start around $1,200 a month in my remote Georgia town.
Nala keeps Rocky young ❤
I used to work in a department store and needed a variety of decent clothes and shoes. Then I worked in a job with uniform and work boots provided. Much cheaper and less decision-making to do. 😊
What is your guilty pleasure that you treat yourself to at least once a year? Do you have one? If so, what is it and how much do you spend on it and how often do you do it?
Horror story - my new wife got a script for adhd meds and we are low income anyways well she went into a manic episode and in like 2.5 weeks borrowed from all these lending apps and took out an installment loan and never paid her car payment or insurance totalling over 3000$ and all of that had fees and a bunch of monthly subscription fees so currently her bank account is in the negative 700$ and keeps getting further in the red. Also she conned me out of the last of my savings basically we were debt free other than her car payment and gonna start saving for a cheap place to purchase but now I honestly don't know what we are gonna do! Yes it almost made us divorce and she got a grippy sock vacation.
You gotta stop buying stuff you dont need,stop buying stuff you want❤😂
350 property tax
50 garbage
50 water
75 electric gas
25 gas
30 cell
50 internet
20 Food yep get free food everywhere
50 home insurance
30 car insurance
0 health insurance
Total 680 I win
Wait miscellaneous
1500 or more. I like to travel and buy stuff. But if push comes to shove I can go down to 100 200 in miscellaneous.
Fifty dollars a month is $600 a year. So if she uses that for a few gifts, a pair of good quality shoes ( also, good quality shoes can be thrifted too ) and a couple of uber rides a year, it would work. There is a RUclips channel where the person makes $1 meals that are amazing, she shows how she shops. Manicured can be done personally, just paying attention to neatness. I have longish hair and I cut my own hair once every six months, I am lucky because I have really healthy full hair, my nails are very healthy too, more like optimizing the gift of genes :) I think it is possible for people to miscalculate their expenses but seems this person is doing alright. If this is a real person, s/he would feel pretty offended with you questioning the details assuming she did not really figure things out right. So, you make an example of this person, maybe you created an example :) :)
After Medicare is deducted from my SS check, I have $560 a week to live on. I own my small house, no debt. My 401k pays me $4500 each year. I didn't collect my SS until age 70 to maximize it. SS is such that I have savings out of each check at the end of each month. I'm living comfortably.
@9davidlong - that is impressive. I live as cheaply as I can and could pay all of my bills out of my SS until all of the covid inflation. I do have investments that allow me to still make it, but everything keeps going up. I'm still pretty sort so I'm thinking about looking for a PT job mainly to ease my mind. Hope all goes well for you.
Who are they renting from? Mom?
Some things to keep in mind about the person you were responding to are it is much cheaper to live in the Midwest than it is in California or the coasts. It would not be much, but you could get a place for $495 a month, but probably would not include utilities. Food again would not be much but doable. This person could be eating only 1 meal a day like you have said you do. Also this person sounded as if they did not have a car because they said they were within 10 minutes walking distance of everything they need and only occasionally took an Uber. That all being said, not including insurance is not fair because that IS support. I believe this person probably lives on more than they think but if you did not include the health insurance, cost of living could pretty low.
I just love how good Nala has been for Rocky. Their friendship is awesome ❤❤❤❤
You're smart. You're logical. You give good advice. Your advice has no doubt helped many people. It's people like you that make RUclips the valuable tool that it was intended to be from the start to better ourselves. I have agreed with much of what you say and have learned a thing or two. Your electric bike videos alone are worth the channel. Hats off to you. Have a good day.
That rent seems way low. Maybe it's subsidized?
If I as a single person I made less than $387 a week my healthcare free. When I graduated my local taxes paid for school (70%). Instead I decided they went to roads since I had no kids. Maybe they feel their taxes go to their healthcare.
Food, $70/30= $2.33. Yes even now it’s possible to eat for $2.33 a day depending on your food costs. Example:
Oatmeal $3.98/30=$0.13 a day
Milk $.02oz or 8oz a day=$0.16
Banana =$0.17ea
Breakfast $0.46 a day
Lentils&Brown Rice Casserole with carrot =$2./4 servings=$0.50
Lunch $0.50
Meat $1lb/4=$0.25
Carb $0.41/4=$0.10
Vegetable= $1/4=.25
Dinner $0.60
Snacks homemade popcorn($0.25), 1/2 apple/applesauce ($0.25), 4oz blueberries ($0.50)
Breakfast $0.46 + Lunch $0.50 Dinner $0.60 + Snacks $0.50= $2.21
I have many recipes this works with. Right now Ham is $0.62lb, Turkey is $0.63lb, Chicken quarter are $0.59-$0.69lb. A serving is 4oz, so my meat would be even less $0.25 a serving. Right now fresh carrots are 2lbs for $1. Cabbage is $0.37lb. Asparagus $1lb. Two gallons of milk were free and one pound of butter is free with grocery store points. Potatoes are $0.40lb. Sweet potatoes are $0.49lb. Many prices in the above meal costs I get cheaper than the regular price. I can freeze most of them. The savings allows the occasional sale 48oz carton of ice cream or other treat.
My rent $700 a month includes: electric, water, sewage, gas, cable and internet and lawn care.
Transportation: the person walks (free exercise) everywhere, has a bus pass $40 a month, and the occasional Uber. You bring up a car that she doesn’t have. In future she will but won’t pay rent. If her new home has no mortgage, just electricity and low property taxes, she can afford the expenses associated with a car.
I live in an expensive area on the East Coast.
I just posted a food price breakdown similar to yours, just minutes ago. More conformation that this can be done. I live in an expensive area on the West Coast. 😉
I don't know where you live, here minimum cost of meat is 4.98 a pound and up. Eggs over 3.00, milk is about 6.00 a gallon. Veggies over a dollar a pound
Oatmeal and other cerals are outrageous as well.
I don't eat breakfast. Just have coffee, and stay away from processed and sugary foods.
Rent in this are (west coast) about 1200. And up. Pay your own utilities.
@@lindah1515 I live in the Washington DC area. We are the number 4 in ranking of highest cost of living in the USA. The prices I gave are not every day price, they are sale price for in season items. It’s Easter here. Milk is $2.58, year round. Eggs are $2 dz, but vary $2-$3. At $3doz we eat fewer eggs.
The hams will be cut into ham steak by the store butcher, 1 I will cut into chunks and 2 will be kept whole. The turkeys are frozen in a manner they will last 2yr. After cooking I can free leftovers in meal size portions. Fresh carrots can be chopped and frozen. Chicken quarters are sold in 10lb bags once every 4-6 weeks, I just buy 6 weeks worth. I don’t mind eating oatmeal 5+ days a week as there are so many ways to flavor it. I eat hamburger and shrimp sparingly as a treat.
I had to learn to shop and cook/eat this way during a time in our lives where if we didn’t we would have lost the house and be living in a car. My husband required meat at every meal. I got a used freezer and eventually a new freezer. I cried a lot of tears during that time, but I did learn. I eventually turned it into a game like a board game or video game to relieve the stress.
Your dogs are best buddies!!
Subsidized rent and dating for dinners.
I qualify for medicaid, so free medical and the lowest ebt amount which is $23. My only income is LTD. I live within my means, have no debts, own my car outright and have investments. I'm proud of that even though I get a bit of help.
I thought you couldn’t get bet if you had more than a certain (small) amount in savings.
Not bet….darn spell check…but EBT
@@TheBudgetWarrior retirement investments that I can't touch don't count.
@@BeautyIsMyLife You could have millions in retirement and still get food stamps? Not right.
@TheBudgetWarrior my goodness, I'll give up the $23 then! I don't have millions in retirement though, not anywhere close. Sheesh....
Living debt free when I decide to retire my monthly expenses are 980.00 a month. Includes everything including groceries. Everything else will be saved and won’t need to touch my retirement savings.
I don't think so...😂.... I hope not. 😂
Love your doggies !!!
It's easy to see the young neighbors with a 6 year old and new baby as they struggle with paying babysitters that never come back.Then if you look closely that have a newer truc 45 k and a newer KIA. Then you relize that the KIA is sucking up money in payments, interest, insurance, maintenance , gas and tires but she only has a 10 minute walk to work. They also smoke 2 packs a day and you can only imagine were other money is going and do they have 250 K of life insurance,......probably not.
I always look forward to your posts
Hi prepper princess I hope to watch my budget I lost my car to a recent accident now I have to find an affordable used car instead of a new one. Hope you stay happy and blessed 🙏👍
Between you and Mimi van Lee I will figure this out. Save,save,save. Live sustainable.
Aside from what you mentioned that she didn't record as expenses, the occasional Ubers weren't on her monthly expenditures.
Medicaid costs zero to the patient in many states, therefore costs nothing. I wonder if this person has that kind of coverage.
I’ve lived on the small amount that commenter said she lives on but I was living in a trailer on my parents property. They have spring water and septic and I just used their garbage dumpster. I got free state medical and food stamps. My car was paid off but I rarely had gas money and I was driving around uninsured. I didn’t have cell service and I just connected to my parents internet. I had zero streaming services. I just watched dvds. It’s funny because at that time I called to renew my food stamps the lady I talked to accused me of lying because she said no one can live on so little. It was rough and l was lucky to have my parents and the state to help. I’m in a way better place now. My husband and I were finally able to buy a house last year after years of working on our finances.
@@karlabritfeld7104 ya it was pathetic but I kept my eyes on the prize and persevered and now I own a home on three and a half acres and have a few rentals helping to pay my bills. I’m still being frugal and living a simple life on a budget but my life’s feeling a whole lot more luxurious now.
Yeah I definitely over spend
Money in bank plus Healthcare?
I've watched this channel too long! Tried to buy 2 steak hoagies last night after a 26 mile bike ride and they wanted FORTY DOLLARS for TWO lousy sandwiches! No sides, no drinks no nothing! I tried to order on the app, and they wanted a 15% tip! Ended up going to Krogers and buying 3 lg Red Barron Supreme pizzas, a bag of Arbys frozen french fries and a 12 pack of beer..It cost me 30.00! I still have 2 pizzas, an unopened bag of fries and 10 beers left! That's at least two more meals and a few extra beers! These restaurants need to lower the dose of whatever it is that they are on!
well tomorrow in California it will get worse...fast food workers will now be making $20 per hour...just to flip burgers. A fast food job was never meant to be a career and supply you with enough money to buy a house.
@@shelbysmomMany of the fast food places will shut down Some of the larger chains will further burger making with automation. This is a changing world!!!
People can’t expect fast food places to pay their workers a “livable wage” and then sell cheap food.
$20 an hour minimum wage will do that.
One sad reality is that some of us will probably have to work until we're 70+. However if we get thrifty and cut our expenses as you show that is possible we might just be ok.
Hi,
"Delusional" is right about insurance from the federal marketplace. When I was unemployed, I had $0 premiums, $0 copay on meds, generic, $0 copay on primary care and specialist.
Federal gov paid the $1300 premium every month.
ummm, tax payers paid for your medical insurance
Why you guys in the usa don´t like public healthcare meanwhile you spend more on it and pay more for private medical care than other countries?
I am not delutional...once my house is paid off in June of this year (partially due to Prepper Princess's inspiration). I can live on 1,200 a month IF I am willing to forgo home insurance. That does include EVERYTHING ( travel..gifts..car and home repairs...donations/tithe) I am a 61 year old divorced woman ( lost almost everything in the divorce 6 years ago..but overjoyed to be FREE) that has learned to live simply. I am busting my hump working 90 hours per week since the pandemic started. I DO volunteer at a food pantry and sometimes bring home items that were going to be tossed IN THE DUMPSTER...no food stamps..no healthcare subsidies...no subsidized cell phone or internet..I have no consumer debt..no car payment. My property taxes are only 895.00 . After the house is paid off I intend to drop down to.60 hours a week...I also intend to adopt a dog after I cut my hours. Not into starting a RUclips but I do help others in learning how to achieve this.
I never got married, bought income property instead, lived in them while fixing them up. There's really no advantage to getting married, not in this modern Western family court system that's been created. Once you get to that first $100K everything takes off, best advice form Charlie Munger (RIP), do everything you can to get to that first $100K.
Congrats! Divorces will wipe you out and usually the females. My daughter works hard, raises the kids and has never got a cent of child support but she is doing well, like you due to determination.
@@kimmy6639 Divorce has destroyed more lives than just about any other financial action other than death. I try to stay away from divorced people they're very bitter for the most part and will bring you down. Divorce is a lot like having an eviction on your credit report, it changes a person.
@@stever4144 divorce DOES change a person...100%....I am not bitter....after realizing how much of myself I had suppressed in myself over the years because it wasn't a big enough thing to fight over ( thankfully I no.longer ever have to eat greenbeans again...can wake up and eat blitzes for breakfast or have cheesecake for desert...won't ever have to hear " your Grey hair makes me feel old...go dye it that nice deep brunette I love" ...can now wear WHATEVER I wish to wear...ect..ect..ect) I treasure being me and no longer am willing to compromise for any relationship...therefore I do not want another...I like being by myself.
I would not forgo home insurance. You can pay more out of pocket (higher deductibles) but make sure at least it is covered enough to where a livable structure could be built and enough replacement costs to furnish it with necessities. If you have enough cash put back to cover that, maybe not. Most people wouldn't.
Love your channel.
There is much not included in the budget. Most of us don't really have a clear picture on what we spend. I would say they get more assistance than they are admitting to. Meals from friends that offer to oay if you show. Attending family functions where food is provided. Getting use of anothers extra line on a cell plan. Foid pantries ect. You xan wear nuce clothing from theift stores fairly cheap if you track their sales days and are wilking to travel store to store.
Happy Easter. I wonder who'd win if they were both small? I think the person you were referring to must have a roomie or else lives in a very cheap area and maybe it isn't even in the US. Off to watch Noodles the Pooch. Too funny
It's also good to budget for appliance failure if you own your own appliances. Budget for auto repairs, not just gas and scheduled maintenance. So that there is something there to use for repair expenses before the repair comes up, even if it doesn't cover everything. ex: A 500 dollar washing machine or maybe just a cheaper service repair is easier to afford when you've got 390 dollars waiting on such an expense.
Im livin with my wife in Valencia, Spain. 800€ m/rent. 10€ day smokes. 10€ day food (for 2 people). Random other stuff ~40€~. No taxis..
We buy mineral water, tuna and these actimel probiotic things pretty much daily. Guess what? That's typically more than enough and really under 10€ a day. So we keep all we save for the day like cents in a jar. Therefore on some days we dont need that *10€ a day for smokes.
So thats around up to, ~1600€ a month for 2 people. We really actually live very well.
My mother lives on around 900 month SSI but she has rent assistance and medicaid food stamps.
I am, that's for sure.
Quicken gives you a pie chart on your spending. I use that.
Did she say $600 for property tax? Prop tax can be that much each month here, more like $400 for me. Our tax is "frozen" at age 65