I’ve done that in the past with an online bank. We decided want this money local. It’s more about security knowing we can get it out right away if the 💩 hits the fan.
@@LisaMarieBudgets If you're interested, you might see if your local bank uses Zelle. I have money in an online HYSA, but I also keep an account at a local brick-and-mortar bank. When I need to move money fast or to get cash out of the HYSA, I use Zelle to transfer money to the local bank and it's available immediately.
@LisaMarieBudgets look into a money market savings acct. We have ours with redneck bank. It is just like a savings acct-not an investment- but it has a debit card and checks available for instant access. Esp with 10k sitting there you are losing a lot in interest!
Spending has $41 I think. You may want to recount. 🙂 Great video. Any new budgeting system takes a while to figure out. I think month over month you'll like this better. Hope you stick with it. 🙂
Something to think about (you may already have this in place 😊) is to make sure you’ve named Carol Ann and vice versa as the “payable upon death” person on all of the accts. If you have a joint acct and don’t have that in place the accts get frozen and new accts have to be made which can take some time. Same thing with the house. Name each other in a will that the house goes to each other in the event that one of you passes away. I know it isn’t a pleasant thought but God forbid something happens you’ll be so thankful you had everything all lined out. There’s nothing worse than dealing with grief AND having to deal with a bunch of financial estate stuff at the same time. Speaking from personal experience ❤ You each may want to consider a life insurance policy on each other to cover the mortgage and those expenses as well. Again not pleasant but such an important thing!
Good thinking! A bit of additional advice, you don't need to share the actual balance of your emergency fund moving forward. It's sufficient that we know it's fully funded 🙌
Oh hi me again. The weekly spending is really somewhat redundant. It’s already allocated for the month in you variable expenses. Just reallocate whatever is left at the end of the month. No real need to know how much you have each week is there?
Great video and thanks for sharing ❤
You should really look into a high yield savings account that has a better rate if you’re only getting 3 cents each month.
I’ve done that in the past with an online bank. We decided want this money local. It’s more about security knowing we can get it out right away if the 💩 hits the fan.
@@LisaMarieBudgets If you're interested, you might see if your local bank uses Zelle. I have money in an online HYSA, but I also keep an account at a local brick-and-mortar bank. When I need to move money fast or to get cash out of the HYSA, I use Zelle to transfer money to the local bank and it's available immediately.
@LisaMarieBudgets look into a money market savings acct. We have ours with redneck bank. It is just like a savings acct-not an investment- but it has a debit card and checks available for instant access. Esp with 10k sitting there you are losing a lot in interest!
Spending has $41 I think. You may want to recount. 🙂 Great video. Any new budgeting system takes a while to figure out. I think month over month you'll like this better. Hope you stick with it. 🙂
I'll double-check that!
Happy New Year!!! I love watching your videos.
Happy new year!
I filled up my change bottle for the pregnancy center while you were filling up your bank with change.
That is so awesome!
That is how I track my sinking funds also. All that tracking to savings and bringing it back as inflow just made no sense to me. 😊
Wow that looks like a lot of effort, I would probably do it daily to prevent me from never finishing…
I tracked spending daily and did the Closeout today. Took 30 minutes so not bad at all!
@ 👍
You should both have life insurance with each other as the recipient.
Great video ❤
Happy New Year and great close out
GOOD MOOD MORNING HAPPY NEW YEAR
Good morning 😃☀️
💛💛💛 2025 💛💛💛
Good morning!!!!!☀️
Fooding is a good word, and totally acceptable, lol
😃
Something to think about (you may already have this in place 😊) is to make sure you’ve named Carol Ann and vice versa as the “payable upon death” person on all of the accts. If you have a joint acct and don’t have that in place the accts get frozen and new accts have to be made which can take some time. Same thing with the house. Name each other in a will that the house goes to each other in the event that one of you passes away. I know it isn’t a pleasant thought but God forbid something happens you’ll be so thankful you had everything all lined out. There’s nothing worse than dealing with grief AND having to deal with a bunch of financial estate stuff at the same time. Speaking from personal experience ❤ You each may want to consider a life insurance policy on each other to cover the mortgage and those expenses as well. Again not pleasant but such an important thing!
We definitely made sure of that!
Great points Meg!
Good thinking! A bit of additional advice, you don't need to share the actual balance of your emergency fund moving forward. It's sufficient that we know it's fully funded 🙌
☕️
Oh hi me again. The weekly spending is really somewhat redundant. It’s already allocated for the month in you variable expenses. Just reallocate whatever is left at the end of the month. No real need to know how much you have each week is there?
The weekly checkin? Then, yes I agree!
Not redundant to me. I love it.
Croak?! Come on Lisa girl. You can do better than that. 🙃🙃🙃. Happy New Year again from the coast of Massachusetts Regina
😂😂😂😂😂😂😂😂😂