I love all these commercials from George. He takes things that are very serious and makes them so fun. He gets to the point with so much humor. Got to love him. :)
The zero based budget has been very helpful. Every other week before payday, I am able to see my paystub online on my job's ADP payroll to know my net pay as soon as I get paid. With that said, I'm able to make a list of bills that is needed to be paid for the month along with rent and car loan (I desperately want to pay off soon). Finally, with any money thats left over its sorted out such as; food, haircut, gas for car, and clothes shopping. Thanks for the video and this plan.
I've personally always hated the thought of taking the time to budget. I'd usually just allot a certain percentage of my salary, or a decent windfall into savings. Yet I must admit that in December of last year, I did download the EveryDollar app. I can tell you that this app is so much fun; Wether you use it linked to your bank account, or unplugged. I'm addicted to saving, so when I input the numbers, the end-of-the-month sum-up is always fun to look at. Make saving your latest hobby. And always remember, be smart; Don't get consumed by consumerism! 💡👍🏽
Chupacabras lol You know I can attest to the effectiveness of this. I originally made a budget that assumed I would have 'play money' or carry over money to the next month and I always overspent. When I changed my budget in excel to not have any month to rely on subsequent months, I became a lot more intentional and better at handling money.
@@xzandergraves2413 idk if you knew this but you aren’t evangelizing leaving RUclips comments if you’re doing it to say you’re doing your part, get on the street
Yes they do. And they use it every few months to continue to divide the citizens. "If we don't get this budget passed they'll be no money for Fire , Police , Military , Feeding whoever they want to name......." And the Rep's /Dem's will blame each other and you''ll argue with your political rival in your family/office...
+dragan176, yes and they do far more than a ZERO-BUDGET. Here is the difference using some numbers: Step 1: You make 20K a year +/-: the exact numbers are unknown because of X days sick and Y over time and so on. But on average 20K. Let us say you are paid every 2 weeks, like many. So while your individual paycheck may be more or less you know on average it will be 20K per year / (52 weeks per year / 2 weeks per paycheck) = $769.23 per paycheck on average. Step 2: Do the same math on the core bills Dave would call the for walls: food, shelter, utilities, transportation, clothing... see most of these bills are "once per month" or "1 or 2 times a year". For the sake of this example I will assume when you do all the math out they come out to $400 per paycheck on average; So you set your bank up to AUTO DRAFT $400 every paycheck to the BILLS account. Ideally, you do the math to fund 15 months of bills every 12. So that would be (15m/12m) X $400 per paycheck = $500 per paycheck that you would auto draft to the BILLS account. Having done this YOUR BASE NEEDS AND EMERGENCY SAVINGS FOR MOST is AUTOMATICALLY COVERED. If you are like many a SEPARATE BILLS AND BASE NEEDS ONLY CHECK/SAVE the adults in your household can tap is ideal, because the segments of pay that need to be there is, you can even set all the bills to AUTO PAY, and just sit back. As long as your paycheck comes in you are good, and if it stops after some time you will have a rather large cushion. IN OUR HOUSE WE TOSS IN THE HOLIDAYS and what not into bills like this as core. If you don't that would be "Step 3" and the next one would be "4" Step 3: You have $769.23 per paycheck on average - $500 per paycheck = $269.23 per paycheck on average left. Now Dave would say ALLOCATE ALL OF THIS TO SOMETHING NOW. But NON-ZERO says DONT DO THAT. Because as was pointed out in "Step 1" you don't know what you pay is until you actually get it. And you have 3 things that are all EQUALLY IMPORTANT fighting for this lose money, and one more that is optional but helps keep most sane. The 3 are: savings, investments, and Debt. Here is the thing: UNLESS YOU HAVE ENOUGH SAVINGS to PAY A DEBT IN FULL tossing this $269.23 at it wont help you be less poor. So YOU SAVE AND INVEST IT, when you have an E-FUND+ENOUGH TO PAY A WHOLE DEBT OFF is when you should do that, and that will come in time if you follow "Step 2", so for now pay the minim: and save some more, and invest some, and have some fun because you followed a budget that let you afford to. When you follow this BASIC NON ZERO BUDGET you are multi-tasking. And, by its nature, it is elastic to the SICK TIME AND WHAT NOT of life that is common for most households. Over time those who follow a budget like this have more and more "$X per paycheck on average left" to work with. Once you set up this base pattern of growth the rest is just not being dumb with what you spend that on case by case. Because this budget is not about ZERO AKA KEEP YOU BROKE, it is about DISPOSABLE INCOME AKA MORE MONEY YOU ARE FREE TO SPEND HOW YOU SEE FIT. The whole point of a ZERO-BUDGET is to claim YOU ARE INCAPABLE OF SELF CONTROL, the problem with that is while it will force people not to spend, someone with that core problem won't ever get rich or long term better off that way. Part of WEALTH is freeing up your money to focus on what you value.
I dont like this budget it seems to not teach people how to live below your means just at your means and you save a little...$100 big deal. Living well below your means is the ticket to really saving and investing. That said its easier to live below your means when you have a good income. If you make decent money a HH income over $100k+ you should easily be able to save 20%, alot more if your not caught up trying to impress a bunch of broke people.
You can live below your means with this 0 based budget. Just budget it. That's the beauty of budgeting. You tell your money where to go and if you want 50% of your income invested, you budget it. It's that simple.
If having every dollar accounted for is good, then having every dollar of debt accounted for is even better. Max out your credit cards and home equity for ultimate wealth.
You are ether a sacred party creditors or debt slaves no man or woman should have credit cards keep your natural name out of the fictional name the birth certificates take control over your Estate living trust don't let a aginceys become your trustees over you like they think they are because you never gave proper notice to all aginceys.
I love all these commercials from George. He takes things that are very serious and makes them so fun. He gets to the point with so much humor. Got to love him. :)
A 0-dollar budget revolutionized my life (I use the EveryDollar app).
The zero based budget has been very helpful. Every other week before payday, I am able to see my paystub online on my job's ADP payroll to know my net pay as soon as I get paid. With that said, I'm able to make a list of bills that is needed to be paid for the month along with rent and car loan (I desperately want to pay off soon). Finally, with any money thats left over its sorted out such as; food, haircut, gas for car, and clothes shopping. Thanks for the video and this plan.
I've personally always hated the thought of taking the time to budget. I'd usually just allot a certain percentage of my salary, or a decent windfall into savings. Yet I must admit that in December of last year, I did download the EveryDollar app. I can tell you that this app is so much fun; Wether you use it linked to your bank account, or unplugged. I'm addicted to saving, so when I input the numbers, the end-of-the-month sum-up is always fun to look at. Make saving your latest hobby. And always remember, be smart; Don't get consumed by consumerism! 💡👍🏽
Tony Steel TFS! I will have to look 👀 up that app now!
Sorry I wouldnt give an app my bank account info and credit card accounts...just dont trust them.
Mark G: The very reason why I never used that particular feature.
Tony Steel How does it track spending if they dont have access though? Do you manually input?
Chupacabras lol
You know I can attest to the effectiveness of this. I originally made a budget that assumed I would have 'play money' or carry over money to the next month and I always overspent. When I changed my budget in excel to not have any month to rely on subsequent months, I became a lot more intentional and better at handling money.
God bless Jesus loves you and He died for your sins and because of His grace love and mercy you can be forgiven and saved.
I guess I have to start budgeting for chupacabras now
God bless Jesus loves you and He died for your sins and because of His grace love and mercy you can be forgiven and saved.
😂😂
I had to watch this video for college and I just wanted to say I didnt expect it to be this good. My teacher picked a good one.
I definitely forgot to budget for Chupacabras! Funny! Thanks for the tip!
This is great, George! It sounds like you've done a few others. I'll have to find them.
George is so fun to watch. I love his commercials, they always make me laugh, but yet very informative.
I love this guy! He's funny and really simplifies the subject! :)
God bless Jesus loves you and He died for your sins and because of His grace love and mercy you can be forgiven and saved.
@@xzandergraves2413 idk if you knew this but you aren’t evangelizing leaving RUclips comments if you’re doing it to say you’re doing your part, get on the street
I've heard that you should save first then list the expenses, so in that sense, how much should you save? And how can you budget for investments?
Thanks, for creating this video. It’s really helpful💕💕
Simple bank lets you have categories in the bank account so have ‘envelopes’ for all you expenses.
Dude, you made budgeting concise, funny and cool! You're awesome.
Now I know this budgeting stuff is to help but it's so hard to have to think about the expenses all the time.
Please get the app on App Store so I can test it out. ✌️
This guy most definitely learned his jokes from Dave Ramsey. Thx for explaining the budget!
The Every Dollar App is not free but The Mint Budgeting App is!
George=good in front of a camera! Keep them up!
Perfect and Simple!
They really tried to target this video at millennials didn't they?
It worked lol
Awesome video!!!! Very informative!!! Thank you!!!!
We're looking at you, Jeff. o.o
God bless Jesus loves you and He died for your sins and because of His grace love and mercy you can be forgiven and saved.
❤❤❤👍 I'm on track. Thanks for sharing.👐🤗
"just like you told that guy in traffic where he's gonna go" 💀💀💀
That’s how I I got out of debt in may!!!!
(now that I am out of debt) My budget, is pretty easy to get with in $50 of $0. So if it is over I add it to savings, if it is under I take it out.
Exactly Right about the traffic! Ha
😂 so funny and educational.
yes kids really are expensive! hahaha.
loving these videos.
My zero based budget is every month, my bank balance is zero.
It's not available in Brazil 😒
You can't create a fund on the app
In my country our gov't doesn't even have a budget .
Why budget when you can just print money out of nothing. Who cares if it devalues your citizen's savings.
Yes they do. And they use it every few months to continue to divide the citizens. "If we don't get this budget passed they'll be no money for Fire , Police , Military , Feeding whoever they want to name......." And the Rep's /Dem's will blame each other and you''ll argue with your political rival in your family/office...
I LOVE GEORGE!!!
I work with a Zero Wife & Kids budget - no hangers on and risk of divorce. That’s £1m saved already 😂
Bro you should be their commerce guy like that allstate guy or the progressive chick, you would nail it ever time lol
since starting a zero based budget i have been able to recover from a shopping addiction and lazy spendings! I will never go back!🤍💵
I dig it!
Chupacabras!!! 🤣🤣🤣🤣🤣 Love it!!!!!
Do people create non-zero based budgets? How would that even work?
dragan176 there are many channels that follow the Dave Ramsey plan and do zero based budgets. Budget Girl is one of them.
But isn't a zero based budget not just... a budget?
+dragan176, yes and they do far more than a ZERO-BUDGET. Here is the difference using some numbers:
Step 1: You make 20K a year +/-: the exact numbers are unknown because of X days sick and Y over time and so on. But on average 20K. Let us say you are paid every 2 weeks, like many. So while your individual paycheck may be more or less you know on average it will be 20K per year / (52 weeks per year / 2 weeks per paycheck) = $769.23 per paycheck on average.
Step 2: Do the same math on the core bills Dave would call the for walls: food, shelter, utilities, transportation, clothing... see most of these bills are "once per month" or "1 or 2 times a year". For the sake of this example I will assume when you do all the math out they come out to $400 per paycheck on average; So you set your bank up to AUTO DRAFT $400 every paycheck to the BILLS account. Ideally, you do the math to fund 15 months of bills every 12. So that would be (15m/12m) X $400 per paycheck = $500 per paycheck that you would auto draft to the BILLS account. Having done this YOUR BASE NEEDS AND EMERGENCY SAVINGS FOR MOST is AUTOMATICALLY COVERED. If you are like many a SEPARATE BILLS AND BASE NEEDS ONLY CHECK/SAVE the adults in your household can tap is ideal, because the segments of pay that need to be there is, you can even set all the bills to AUTO PAY, and just sit back. As long as your paycheck comes in you are good, and if it stops after some time you will have a rather large cushion. IN OUR HOUSE WE TOSS IN THE HOLIDAYS and what not into bills like this as core. If you don't that would be "Step 3" and the next one would be "4"
Step 3: You have $769.23 per paycheck on average - $500 per paycheck = $269.23 per paycheck on average left. Now Dave would say ALLOCATE ALL OF THIS TO SOMETHING NOW. But NON-ZERO says DONT DO THAT. Because as was pointed out in "Step 1" you don't know what you pay is until you actually get it. And you have 3 things that are all EQUALLY IMPORTANT fighting for this lose money, and one more that is optional but helps keep most sane. The 3 are: savings, investments, and Debt. Here is the thing: UNLESS YOU HAVE ENOUGH SAVINGS to PAY A DEBT IN FULL tossing this $269.23 at it wont help you be less poor. So YOU SAVE AND INVEST IT, when you have an E-FUND+ENOUGH TO PAY A WHOLE DEBT OFF is when you should do that, and that will come in time if you follow "Step 2", so for now pay the minim: and save some more, and invest some, and have some fun because you followed a budget that let you afford to.
When you follow this BASIC NON ZERO BUDGET you are multi-tasking. And, by its nature, it is elastic to the SICK TIME AND WHAT NOT of life that is common for most households. Over time those who follow a budget like this have more and more "$X per paycheck on average left" to work with. Once you set up this base pattern of growth the rest is just not being dumb with what you spend that on case by case. Because this budget is not about ZERO AKA KEEP YOU BROKE, it is about DISPOSABLE INCOME AKA MORE MONEY YOU ARE FREE TO SPEND HOW YOU SEE FIT.
The whole point of a ZERO-BUDGET is to claim YOU ARE INCAPABLE OF SELF CONTROL, the problem with that is while it will force people not to spend, someone with that core problem won't ever get rich or long term better off that way. Part of WEALTH is freeing up your money to focus on what you value.
Chupacabra! Hahaha!
Why a monthly budget instead of a yearly budget?
Shame every dollar is only available in the US
"Chupacabras" 🤣
Awesome!
Erica Johnson 👋
Dude...what did I ever do to you? Why do you keep calling me out? 😉
I swear Chupacabras keep messing up my budget
Transportation is up top. No car.....no way to work!
Best budgeting advice: Don't Have Kids!
HILARIOUS
If you can’t do the math required to create a budget, you aren’t qualified to have any money
True
That's not fair. Math is hard
I dont like this budget it seems to not teach people how to live below your means just at your means and you save a little...$100 big deal. Living well below your means is the ticket to really saving and investing. That said its easier to live below your means when you have a good income. If you make decent money a HH income over $100k+ you should easily be able to save 20%, alot more if your not caught up trying to impress a bunch of broke people.
You can live below your means with this 0 based budget. Just budget it. That's the beauty of budgeting. You tell your money where to go and if you want 50% of your income invested, you budget it. It's that simple.
Who is Jeff?:-D
God bless Jesus loves you and He died for your sins and because of His grace love and mercy you can be forgiven and saved.
Don't have kids. It's worth it
If having every dollar accounted for is good, then having every dollar of debt accounted for is even better. Max out your credit cards and home equity for ultimate wealth.
😂👏💪
poor guy he tries to scripted a joke without no acting skills
You are ether a sacred party creditors or debt slaves no man or woman should have credit cards keep your natural name out of the fictional name the birth certificates take control over your Estate living trust don't let a aginceys become your trustees over you like they think they are because you never gave proper notice to all aginceys.