What kind of planner did you buy and from where please? I want one with the ability to slid the pages in and out like yours and I’m not sure what to search for lol
If u can work out what you get on your lowest possible month and make a budget for that. Then work out a priority list of what u will allocate any extra money to. I have an irregular income so over time managed to save up a full lowest month income. I then put this into my account on the first. I let the income for that month gather up as didn't need it and use it for the next month. This is called getting a month ahead on income. It means I now always know what I will have at the start of each month.
I love how you broke it down, explaining everything step by step. I've been trying to do a biweekly budget for some time now but just played everything by ear, just paying whatever, whenever it was due. I also like how you organized them by due date. This makes everything so much easier & organized. Since it's still the beginning of the year, I can start with my next paycheck. See, you're never too old to learn from these young folks, lol, (I'm 53) God bless.
Stevannah321 I’m so glad you found this helpful!! And you’re right, never too old to learn! You got this, and if you have any questions don’t hesitate to ask (: thank you for watching! ❤️
I have a bill calendar. I write when my bills are due and mark when paychecks come in and the amount. It helps to forecast when bills are due and how much I need. Also for expenses like dog licensing and required shots.
I've been trying to do a bi-weekly budget for the longest and nothing really made sense, but this... this makes total sense! The 'Sinking Fund' was the light bulb moment!
This was such a great video. Im 16 and very nervous (but also very excited) to get my first summertime job and i wanted to be as educated about money as i possibly can be while also knowing how to handle it properly without overspending unnecessarily. This video really helped me understand how to budget effectivley given that im very ignorant to the whole concept of money right now but this video definitely helped a lot and you've certainley just earned a new sub💙
good on you for being money conscious. Its a very important skill that will be needed for the rest of your life, no matter how much money you end up making in the future. you may regret blowing checks on unneeded clothes and fast food, but no one regrets having a flourishing savings account :) good luck on your first job and I hope you may receive many more in the future
i’m about to get my very first apartment and i’m so excited to use this method !!!! i’m naturally extremely organized and this is the bestttt omg THANK YOU !! 😭❤️
As an 18-year-old making $19/hr, saving is the best thing that I’ve done for myself! It’s truly life saving! My budgeting skills are getting better and better.
I don't know why I never thought to budget by the remaining paychecks. I'm always trying to do monthly which can be complicated in the months where I get 3 paychecks. I'm going to try this later! Thank you!
When she said she got paid 1000 dollars I was like oh great that’s why I can’t manage money. I have all the similar expenses but only make about 400 a check and yes that’s bi weekly
If you find a hustle then you wouldn’t have to work at your job as much. Also try to find a better job. If you’re working that many hrs and you’re only making about $400 a pay biweekly then you may have to find a better job with better pay and more hrs. Maybe try to do more hrs in a day so that you won’t have to work as many days.
Full transparency - this was EPIC for me Bri. I can't thank you enough for the brilliance of using pen (or marker) and paper to write it all down. I think because of this method, I can confidently move forward with more advanced techniques with YNAB as an example. You should have an affiliate link for them. Blessings sis. Cute nails too!
I appreciate your clear and simple explanations!! You also have a calming demeanor that helps make me think your process is possible for even me!! Thank you!!
Omgeeeee girl I watch one of your cash stuffing videos and I'm hooked... I think you were ment to do tables cause your hand writing and lines are so perfect. Please dnt stop making videos
You really explained everything--great work can not wait to try this. I've been trying to budget for years and this is the first time I understand the concept of it, Thankyou.
this helped me a ton! i came across another channel that does this and i purchased the binder and envelopes method. now finding your video i just sat down and did everything you did step by step. i've had a shit method of saving which was really nothing lol and sitting down and writing all my expenses and everything made me feel so good to know what i can have after budgeting. thank you.
After my depression spiral spending I forgot how to budget again. I couldn’t remember what set up helped me but I finally found you. Never has a set up actually been simple enough for me to follow and like.
This helped a lot, thanks! I’ll tweak it to match up my fast food delivery job, since I get paid with tips and a pay check. Definitely helped. I’m joining the family!!
Ashley G can I recommend another budgeting video. Check out hisandhersmoney on RUclips they may be of some help also depending on your need. I listen to them.
In my next cash envelope stuffing video, it will be mine and my boyfriends expenses/sinking funds combined! It'll be my first video like that, let me know what you think (: and I hope it helps!
Thank you very much for making this video. I've been searching for videos on the tube for the past 2 days on cash envelopes and detailed break downs dollar for dollar. And, by far yours is the best for me with such clarity and clear understanding. A point of where to begin. That sinking fund though was like "Daaang Girl". I love it! Will definitely use this method. Btw, great penmanship.
I love how you broke it down with the weekly paychecks left until you have to pay your annual expenses!!! Very good explanations! Love your budgeting method. And good for beginners. This is a video every beginner should look at.Thank you!!❤️❤️❤️❤️
Please keep making videos no matter what anybody says. You have change my life and you are a lifesaver. Before watching this video I had no idea what to do and even though I’m 21 which is still pretty young I wanna know how to take care of my money. Thank you so much this video helped a lot
hahaha, a big reason is you guys!! you guys keep me motivated to keep going! but I completely understand you.. I am a horrible spender! You have to stick to your budget, you got this girl!!
I’m the exact same way, but the way I’ve been getting around is the app Albert I'm closing in on my financial goals with help from the geniuses at Albert. I’d keep the amount I need for bills, or whatever else I usually pay and then take out the rest and transfer it into Albert so that whenever I feel like spending money I really can’t since I have the exact amount of money I need to pay my stuff, and if you wanna transfer your money back to your bank you can but it doesn’t transfer over till like 2-3 business days, so by the time the money you wanna spend is in your bank account you’d forget about it. So it prevents you from spending more then you’d usually will, if you sign up with my link albert will give you 5$ as a sign up bonus, Try it for yourself! Sign up with my link and you'll get free cash. app.albrt.co/CJUUIMZ0B0
@@BudgetWithBri any tips for people who have to direct deposit for work (without going to the bank every week)? It’s so hard for me to budget when it’s all on a piece of plastic
This was great and simple! I really liked how you explained everything thoroughly. I’ve been meaning to start budgeting and this was nice and simple. I can’t wait to get home and try this. I need to buy a safe because so I can feel safe leaving money at home. Watching your cash stuffing envelopes made me want to try it.
Great start and your hand writing is beautiful. I'm not sure if I missed it but I didn't see a line for UTILITIES nor SAVINGS. These are also very important for those who might want to adopt some of this methodology 😊. I will definitely be adding sinking funds to mine. THANK YOU !
Thank you for the video. You really broke it down. I'll be starting this process myself. I just couldn't figure out how everyone had a specific amount going into each envelope. Thank you again.
Word of advise especially for the young folk. Get yourself a second job. If you have an extra 3-4 hours in a day that is spent idle, get another job. If you’re in debt, use that second job to pay off the debt using a snowball effect. Even if you’re not in debt, use that money to put into a high yield savings account. When I was 19 I got my first apartment and I worked in a hair salon in the day. In the evening time, I worked at Target. The money I made from Target went into a savings account. I never touched that money. Create the habits now of budgeting and living BELOW your means.
I appreciate this break down of a budget. I just couldn’t wrap my head around how to make a budget work for me because they don’t work in the traditional “only spend this here and this there”. This wasn’t a complete fix all for that situation, but it definitely made it easier. And I started cash envelopes using this system to help me break it all down!
Finally I found a video that I can understand! I’ve been watching budgets videos for weeks and I kept getting confused. Your video is so helpful! Thank you😀😀❤️❤️. Also I was hoping you can answer my question. I’m having trouble dividing expenses into 2 paychecks because some of them are due before paycheck #2. What do you do in situations like that?
icoupon4savings I’m so glad!! 😊 okay so for those that are due before paycheck number two, you’re going to want to put that full amount due into the envelope. (This will only happen for the first month) so that when your paycheck #2 comes, you’ll put half of that payment in there. And when paycheck #1 comes the FOLLOWING month, you’ll put the other half of the amount due. Thus, you’ll have your full payment. Does this make sense??
So glad you explained sinking funds, every other video I watched seemed to have all different categories under sinking funds so I couldn't figure out exactly what it meant lol
OMG.. Thank you thank you thank you. I really needed this. I did my budgeting along with your tutorial so I wouldn't miss anything. It really puts my finances into perspective for me. You did an excellent job with this tutorial. One of the best I have seen so far. You really couldn't have done it any better than this. Keep up the good work.
First off, it's cool how the sunlight is blue on the paper! I'm doing self-study for personal finance. This is kinda what I do, but for just a budget for my fountain drinks for two weeks and ($20 is enough for me, if I pay with my debit card, I end up buying more than just drinks) and another is for a big ticket item. A gaming laptop for my RUclips channel. The laptop costs $1,500, but I'm gonna wait to buy it when I get $2,000 due to tax. Everything else is auto pay, so I put the due dates on my calendar so I can make sure I have enough in the bank to cover them all.
Myra Ann having no credit is worst than having bad credit. People who say never get a credit card are usually the one who are in debt because they aren’t responsible with there credit card
If you do get a credit card be responsible and pay what you owe. If you know you can't pay money back don't get one. If you're responsible then it's a blessing and only use what you can pay back. If you're irresponsible then it's a curse and you will be misusing it and not be able to pay back what you owe.
They look at your credit score when you want to go finance a car, a house, a business, even get an apartment. I was so scared to get credit cards. They're not a bad thing you just have to be responsible with them. Don't "bite off more than you can chew". You can put little things on them (gas, small grocery store runs, ect) and pay them off monthly when it's due. You build credit and power to spend more eventually if needed. They are a good tool to utilize IF you are responsible and they can aid you on other aspects of life.
It’s not good to not have a credit card though, especially if you don’t have another way to build your credit such as a car payment under your name or financing something else. The key is to be responsible and use your credit card as a debit card to them build credit without going into debt.
I’m so glad I found this video! I’m terrible with money & I’ve been looking for someone to break things down in a way I can understand so thank you for that. PS...your handwriting skills are sooo satisfying to watch :)
My question is how do you pay your bills since it’s in cash. Most places want checks or online only and there are fees for money order. Can you please tell us how. Thank you 🙏🏼 I😊
Thank you so much for making this video! I'm about to turn 18 and I really want to learn how to be financially stable as soon as possible, and all the other videos I watched just confused me. Thank you for taking the time to explain it thoroughly.
Ohh thank u sooo much for explaining the set-up for sinking funds... I've been struggling with just that part... When you divided them according to how many paychecks left til their due date... Oemgee!! Lightbulb!!!😌
UGH! Where have you been all my life??? This is, by FAR the BEST budget "how to" I have EVER seen. You can be proud of that because I was born last millennia, like in the 60's! But seriously, I could NOT go anywhere without thanking you. You will change my life and my kids lives. I am going hard core on this budget. You made it FUN and interesting. No one could ever understand better about that than me and my kids. Why you ask? We are a hard core ADHD family. If you don't make it shiny, we like squirrels. LOL Thank you from the bottom of my heart though. I will have many questions but I will only ask this one for now. When you do all the envelopes with the cash, how do you pay the bills? I KNOW this sounds stupid, but for instance, I have to send most via the internet. Do you put the cash back in the bank and then send it immediately? I NEED the tactile feel of the cash like you said, BUT I need the black and white (sparkly) how it gets to netflix or Amazon Prime? Laugh if you must but I am serious. I think it's a perfectly normal question for a neurodivergent! Keep your awesome stuff coming. I so appreciate you!
This is a great video! I'm trying to set up my envelopes and sinking funds, so this is the perfect video for me to watch today. I've also paid the stupid tax and did poorly with managing my credit. I'm working on getting it better now, and all my debts are current, nothing is late or any bad remarks. Soem things, like Amazon Prime, we just pay every month and I look at it as a regular bill. We have stockpiled a lot already for the household goods, so I'm setting up an envelope for that but we'll just let it sit in there so we have it when needed. We have kids in diapers (but when the oldest starts to potty train, they'll both train together because that's just how their dynamic works...). So they get $25 a check in their envelope and we'll go from there. We've decided we're going to drive less so I'm setting a strict gas budget of $40 a month. So unless we go on a long car ride, regular trips around town should keep up in gas for a while. But the great thing about budgets is everyone should have one, and they are all different from person to person. We're on a single income right now, so everything is tight. But we can still find soem wiggle room to get these financial goals met.
Sometimes you have to take more out of one check than the other. Use a calendar and mark your bills on their due date with amounts. Then mark the days you get paid. You will see the pattern of when bills are due. If too many are due at the same time you can try calling credit card companies or your car lender and see if they will move the date.
Thank you for this video. This was easy to understand, quick and I love how you made an example - as a visual/example needing person I love this videos! 💙💯
My Instagram: @budgetwithbri
I just followed!!! Myy name is Calidee :)
Diana Asomugha hey there!! Thank you! I just saw (:
What kind of planner did you buy and from where please? I want one with the ability to slid the pages in and out like yours and I’m not sure what to search for lol
Ree Bae hi there! It’s called a happy planner (:
Emailed you
It's a lot harder to budget when you're not entirely sure how many hours you're going to get at work
애교Hoshi the truth🤦🏽♀️
If u can work out what you get on your lowest possible month and make a budget for that. Then work out a priority list of what u will allocate any extra money to.
I have an irregular income so over time managed to save up a full lowest month income. I then put this into my account on the first. I let the income for that month gather up as didn't need it and use it for the next month. This is called getting a month ahead on income. It means I now always know what I will have at the start of each month.
@@christinadoherty thank you. Your response was helpful 🤗
It is also harder to budget when your husband is a truck driver and miles vary every week.
True. I started doing this 3 weeks ago. And I get paid once a week. But I do my a little different. And it works great for me.
This is the thing that THEY SHOULD be teaching in school.
Breanna Rosevxo right!! I agree 👏
Along with how to gain, manage, and perfect your credit score
Breanna Rosevxo
They do.
Reading and math.
True true true true true
I agree. Money management, credit and investing. They spend too much time on algebra that most of us never use anyway.
Wish we were taught this in school but noooo I learned the area of an isosceles triangle
M bolt haha... I know right. ...and Aristotle’s law🙄
I’m weak 😭😭😭😭😭😭
School won't teach you everything
Omg I literally laughed out loud with this Haha best comment ever
sorry we are many...i was taught how to do beta and alpha...never seen them.in my money...super annoyed
I'm 64 years old and I've never seen anything that organizes my budget like your video. Thank you so much!!!
I love how you broke it down, explaining everything step by step. I've been trying to do a biweekly budget for some time now but just played everything by ear, just paying whatever, whenever it was due. I also like how you organized them by due date. This makes everything so much easier & organized. Since it's still the beginning of the year, I can start with my next paycheck. See, you're never too old to learn from these young folks, lol, (I'm 53) God bless.
Stevannah321 I’m so glad you found this helpful!! And you’re right, never too old to learn! You got this, and if you have any questions don’t hesitate to ask (: thank you for watching! ❤️
I am the same way. I am continuously saying I need to start budgeting. Maybe I will get it together after this at 50.
Stevannah321 Amen I totally agree
Stevannah321 I'm with you
I have a bill calendar. I write when my bills are due and mark when paychecks come in and the amount. It helps to forecast when bills are due and how much I need. Also for expenses like dog licensing and required shots.
I've been trying to do a bi-weekly budget for the longest and nothing really made sense, but this... this makes total sense! The 'Sinking Fund' was the light bulb moment!
This was such a great video. Im 16 and very nervous (but also very excited) to get my first summertime job and i wanted to be as educated about money as i possibly can be while also knowing how to handle it properly without overspending unnecessarily. This video really helped me understand how to budget effectivley given that im very ignorant to the whole concept of money right now but this video definitely helped a lot and you've certainley just earned a new sub💙
good on you for being money conscious. Its a very important skill that will be needed for the rest of your life, no matter how much money you end up making in the future. you may regret blowing checks on unneeded clothes and fast food, but no one regrets having a flourishing savings account :) good luck on your first job and I hope you may receive many more in the future
@@vitamins00 thank you so much! i'll be sure to update this thread in a couple of months to let you know if i got the job
The fact that ur conscious about it shows u will be fine. Most dont even think about it at all. Good head on ur shoulders 👍
Awwwwww 😍🙋💖
Can we have an update lol. When I was 16 I did not budget at all so now here I am at 19 finally budgeting and saving
i’m about to get my very first apartment and i’m so excited to use this method !!!! i’m naturally extremely organized and this is the bestttt omg THANK YOU !! 😭❤️
Nicole Tepoz congratulations that’s sooo exciting!!! 👏 and yay!! You got this girl!
As an 18-year-old making $19/hr, saving is the best thing that I’ve done for myself! It’s truly life saving! My budgeting skills are getting better and better.
Really ? What’s your job ? That’s some good money right there
@@narrielj.7558 I’m a cashier at a grocery store. I’m still a student in college trying to make ends meet 😭
I don't know why I never thought to budget by the remaining paychecks. I'm always trying to do monthly which can be complicated in the months where I get 3 paychecks. I'm going to try this later! Thank you!
When she said she got paid 1000 dollars I was like oh great that’s why I can’t manage money. I have all the similar expenses but only make about 400 a check and yes that’s bi weekly
Find a skill and find a side hustle or a second job..
Lunch with Sep I don’t have time, I work about 30 hours but it usually a mid shift and I get about a day off if I get two they’re usually split days
@@Pr7ncessk4ssy I understand but I'm learning to work on time management. It can be done.. 🤷🏿♀️ just gotta figure out how
Try to find a job serving!
If you find a hustle then you wouldn’t have to work at your job as much. Also try to find a better job. If you’re working that many hrs and you’re only making about $400 a pay biweekly then you may have to find a better job with better pay and more hrs. Maybe try to do more hrs in a day so that you won’t have to work as many days.
in about 4 months i’m moving out with my boyfriend and going to a different state and i’m so great full for this video you’ve helped so much💗💗
That makes me so happy!! Good luck to the both of you, you guys got this!!
Full transparency - this was EPIC for me Bri. I can't thank you enough for the brilliance of using pen (or marker) and paper to write it all down. I think because of this method, I can confidently move forward with more advanced techniques with YNAB as an example. You should have an affiliate link for them. Blessings sis. Cute nails too!
literally trying this for 2020 ! thank you so much
I appreciate your clear and simple explanations!! You also have a calming demeanor that helps make me think your process is possible for even me!! Thank you!!
Judy Land-O'Brien that makes me so happy!! I’m so glad (: Thank you for watching ❤️
Omgeeeee girl I watch one of your cash stuffing videos and I'm hooked... I think you were ment to do tables cause your hand writing and lines are so perfect. Please dnt stop making videos
Rita Burnett lol! Thank you so much girl! I appreciate that, and thank you for watching!! ❤️
she writes in comic sans and I love it
Seeing HOW you got to your yearlies was so helpful. See how many paychecks you have left and divide! Duh! 🤦😂
Nicole Chew awww I’m so glad you found it helpful 😊 thank you for watching!! ❤️
Ever thought about using a spreadsheet on your computer? It would make it faster and easier to create the budget.
Some people prefer to write it, me being one of them. I'll retain it better plus hate looking at the computer screen.
You really explained everything--great work can not wait to try this. I've been trying to budget for years and this is the first time I understand the concept of it, Thankyou.
lilac2484 thank you so much!! ❤️
this helped me a ton! i came across another channel that does this and i purchased the binder and envelopes method. now finding your video i just sat down and did everything you did step by step. i've had a shit method of saving which was really nothing lol and sitting down and writing all my expenses and everything made me feel so good to know what i can have after budgeting. thank you.
You're the first person I've seen break down your checks like this. I like this idea.
are your lights still on??...but your budget has been the most uncomplicated looking one so far, kudos
The fact that people have actual time to do this warms my heart because I could never
After my depression spiral spending I forgot how to budget again. I couldn’t remember what set up helped me but I finally found you. Never has a set up actually been simple enough for me to follow and like.
This helped a lot, thanks! I’ll tweak it to match up my fast food delivery job, since I get paid with tips and a pay check. Definitely helped. I’m joining the family!!
N_Forgotten 1302 that makes me happy!! And welcome to my channel (:
One of the best budgeting videos I’ve ever seen. I like how you budget for annual purchases.
Can you do a budgeting video for couples and how you guys would go about doing that
Yassssss
Just let the guy pay for everything, never be with a dusty
Ashley G can I recommend another budgeting video. Check out hisandhersmoney on RUclips they may be of some help also depending on your need. I listen to them.
In my next cash envelope stuffing video, it will be mine and my boyfriends expenses/sinking funds combined! It'll be my first video like that, let me know what you think (: and I hope it helps!
This is 1 of the best budgeting systems I have seen in a while...
I love the way you broke down the payments. New subscriber!
Couponing TheWrightWay thank you for watching!! ❤️
Thank you very much for making this video. I've been searching for videos on the tube for the past 2 days on cash envelopes and detailed break downs dollar for dollar. And, by far yours is the best for me with such clarity and clear understanding. A point of where to begin. That sinking fund though was like "Daaang Girl". I love it! Will definitely use this method. Btw, great penmanship.
This was so helpful! I was looking for a video like this that actually makes sense and doesn’t just show them stuffing their envelopes THANK YOUUUU
First step:
Have beautiful handwriting
I love how you broke it down with the weekly paychecks left until you have to pay your annual expenses!!! Very good explanations! Love your budgeting method. And good for beginners. This is a video every beginner should look at.Thank you!!❤️❤️❤️❤️
Jennifer Medina Reyes thank you so much!! And thank you for watching ❤️
What about Tax returns? Can you make a video on that?
Wow! The most easiest explanation and example of budgeting I have ever seen. I am now looking forward to my next pay. Thank you for sharing.
I am so glad you found this helpful!! You're very welcome, stay determined, you got this!!
nice instructional vid. i like the breakdown of the categories one may need for sinking funds and how to decide how much money to put in each category
Maria Moore thank you!! I’m so glad you enjoyed it ❤️
This is always the video I send to others with the easiest break down.. I often refer back to it myself.. ❤
So glad it’s helpful!! 💗
Please keep making videos no matter what anybody says. You have change my life and you are a lifesaver. Before watching this video I had no idea what to do and even though I’m 21 which is still pretty young I wanna know how to take care of my money. Thank you so much this video helped a lot
Thanks I’ve been procrastinating but u made it very simple and ima stop being frustrated and just get started
How do you stay consistent with this cause I have a bit of spending problem?
hahaha, a big reason is you guys!! you guys keep me motivated to keep going! but I completely understand you.. I am a horrible spender! You have to stick to your budget, you got this girl!!
I’m the exact same way, but the way I’ve been getting around is the app Albert I'm closing in on my financial goals with help from the geniuses at Albert. I’d keep the amount I need for bills, or whatever else I usually pay and then take out the rest and transfer it into Albert so that whenever I feel like spending money I really can’t since I have the exact amount of money I need to pay my stuff, and if you wanna transfer your money back to your bank you can but it doesn’t transfer over till like 2-3 business days, so by the time the money you wanna spend is in your bank account you’d forget about it. So it prevents you from spending more then you’d usually will, if you sign up with my link albert will give you 5$ as a sign up bonus, Try it for yourself! Sign up with my link and you'll get free cash. app.albrt.co/CJUUIMZ0B0
GET FRIENDS THAT ARE MINIMALISTS THEY WILL TEACH YOU.
Know your “why”
@@BudgetWithBri any tips for people who have to direct deposit for work (without going to the bank every week)? It’s so hard for me to budget when it’s all on a piece of plastic
Thank you so much for being so transparent! I have watched so many videos and it was so confusing!
This is relaxing and satisfying.
This was great and simple! I really liked how you explained everything thoroughly. I’ve been meaning to start budgeting and this was nice and simple. I can’t wait to get home and try this. I need to buy a safe because so I can feel safe leaving money at home. Watching your cash stuffing envelopes made me want to try it.
Great start and your hand writing is beautiful. I'm not sure if I missed it but I didn't see a line for UTILITIES nor SAVINGS. These are also very important for those who might want to adopt some of this methodology 😊. I will definitely be adding sinking funds to mine. THANK YOU !
I do it this way too I buy the finance book from dollar general and use that
*heads to Dollar General*
1 2 nice!!
1 2 I use that too😊
I use that too lol it’s awesome
Thank you for the video. You really broke it down. I'll be starting this process myself. I just couldn't figure out how everyone had a specific amount going into each envelope. Thank you again.
your video was great, It is the first time I understood sinking funds. Thank you so much!
One of the best instructional budget for beginners that I've seen!
thank you so much!!
From the looks of it I need to get a second job smh 😂😔
That was me a few months ago, and now I have that second job, but the sacrifices we make now will benefit us in the future, we got this!
Me too girl
Same but idk if I’m not looking enough or something but I can’t find anyone to work around my first job😭🤦🏽♂️
Word of advise especially for the young folk. Get yourself a second job. If you have an extra 3-4 hours in a day that is spent idle, get another job. If you’re in debt, use that second job to pay off the debt using a snowball effect. Even if you’re not in debt, use that money to put into a high yield savings account.
When I was 19 I got my first apartment and I worked in a hair salon in the day. In the evening time, I worked at Target. The money I made from Target went into a savings account. I never touched that money. Create the habits now of budgeting and living BELOW your means.
I appreciate this break down of a budget. I just couldn’t wrap my head around how to make a budget work for me because they don’t work in the traditional “only spend this here and this there”. This wasn’t a complete fix all for that situation, but it definitely made it easier. And I started cash envelopes using this system to help me break it all down!
Finally I found a video that I can understand! I’ve been watching budgets videos for weeks and I kept getting confused. Your video is so helpful! Thank you😀😀❤️❤️. Also I was hoping you can answer my question. I’m having trouble dividing expenses into 2 paychecks because some of them are due before paycheck #2. What do you do in situations like that?
icoupon4savings I’m so glad!! 😊 okay so for those that are due before paycheck number two, you’re going to want to put that full amount due into the envelope. (This will only happen for the first month) so that when your paycheck #2 comes, you’ll put half of that payment in there. And when paycheck #1 comes the FOLLOWING month, you’ll put the other half of the amount due. Thus, you’ll have your full payment. Does this make sense??
BudgetWithBri it does! Thanks so much ❤️❤️
icoupon4savings yay I’m so glad!!
So glad you explained sinking funds, every other video I watched seemed to have all different categories under sinking funds so I couldn't figure out exactly what it meant lol
Your method is easy for me to follow. Thank you!
OMG.. Thank you thank you thank you. I really needed this. I did my budgeting along with your tutorial so I wouldn't miss anything. It really puts my finances into perspective for me. You did an excellent job with this tutorial. One of the best I have seen so far. You really couldn't have done it any better than this. Keep up the good work.
WOW THANK YOU so much 😊. This was much needed
sherrice you’re welcome!! Thank you for watching and I’m glad I could help (:
First off, it's cool how the sunlight is blue on the paper! I'm doing self-study for personal finance. This is kinda what I do, but for just a budget for my fountain drinks for two weeks and ($20 is enough for me, if I pay with my debit card, I end up buying more than just drinks) and another is for a big ticket item. A gaming laptop for my RUclips channel. The laptop costs $1,500, but I'm gonna wait to buy it when I get $2,000 due to tax. Everything else is auto pay, so I put the due dates on my calendar so I can make sure I have enough in the bank to cover them all.
I liked how you were able to find a spot within the monthly budget to account for those sporadic expenses.
My mom told me to never get a credit card glad I listened
Nakiah this is going to sound dumb, but how do you build credit if you don’t have a credit card? I don’t feel like I have the self control to get one
Myra Ann having no credit is worst than having bad credit.
People who say never get a credit card are usually the one who are in debt because they aren’t responsible with there credit card
If you do get a credit card be responsible and pay what you owe. If you know you can't pay money back don't get one. If you're responsible then it's a blessing and only use what you can pay back. If you're irresponsible then it's a curse and you will be misusing it and not be able to pay back what you owe.
They look at your credit score when you want to go finance a car, a house, a business, even get an apartment. I was so scared to get credit cards. They're not a bad thing you just have to be responsible with them. Don't "bite off more than you can chew". You can put little things on them (gas, small grocery store runs, ect) and pay them off monthly when it's due. You build credit and power to spend more eventually if needed. They are a good tool to utilize IF you are responsible and they can aid you on other aspects of life.
It’s not good to not have a credit card though, especially if you don’t have another way to build your credit such as a car payment under your name or financing something else. The key is to be responsible and use your credit card as a debit card to them build credit without going into debt.
Ive been looking for something that broke down this step by step. Ty so much for taking the time to make and upload this video
Hi, I have been trying to do a budget for the longest time and I just found this video. Thanks I'm going to try it. I'm from Jamaica.
I’ve never seen a more beautiful hand writing ✍️
I’m so glad I found this video! I’m terrible with money & I’ve been looking for someone to break things down in a way I can understand so thank you for that.
PS...your handwriting skills are sooo satisfying to watch :)
You have honestly set me on a path of success! It's so simple now that you have shown me the way. Appreciate you!
My question is how do you pay your bills since it’s in cash. Most places want checks or online only and there are fees for money order. Can you please tell us how. Thank you 🙏🏼 I😊
Yours is the most simple hands down. I came find it again to make my own! Thanks
Glad I could help and you're so welcome! ❤️
Thank you so much for making this video! I'm about to turn 18 and I really want to learn how to be financially stable as soon as possible, and all the other videos I watched just confused me. Thank you for taking the time to explain it thoroughly.
Don't forget to add utilities. Nice video. Thanks.
Ohh thank u sooo much for explaining the set-up for sinking funds... I've been struggling with just that part... When you divided them according to how many paychecks left til their due date... Oemgee!! Lightbulb!!!😌
UGH! Where have you been all my life??? This is, by FAR the BEST budget "how to" I have EVER seen. You can be proud of that because I was born last millennia, like in the 60's! But seriously, I could NOT go anywhere without thanking you. You will change my life and my kids lives. I am going hard core on this budget. You made it FUN and interesting. No one could ever understand better about that than me and my kids. Why you ask? We are a hard core ADHD family. If you don't make it shiny, we like squirrels. LOL Thank you from the bottom of my heart though. I will have many questions but I will only ask this one for now. When you do all the envelopes with the cash, how do you pay the bills? I KNOW this sounds stupid, but for instance, I have to send most via the internet. Do you put the cash back in the bank and then send it immediately? I NEED the tactile feel of the cash like you said, BUT I need the black and white (sparkly) how it gets to netflix or Amazon Prime? Laugh if you must but I am serious. I think it's a perfectly normal question for a neurodivergent! Keep your awesome stuff coming. I so appreciate you!
Hey just preparing for 2020☺️
Your penmanship is amazing...all I'm looking at the art in your writing
You're an excellent teacher!
Jose thank you so much!
Your handwriting is like a computer font so neat 💝
I never knew how much to actually save for the holiday season or special occasions and this was so helpful ☺️ thank you for the tips!
Shartika Prasad no problem!! I’m so glad I was able to help ❤️
Easier to watch then any other video about stuffing lol jeez! Thanks !
What if every bill is on automatic payment? So I can’t really use the envelope technique 🤔🤔
You don't have to pay recurring fixed bills with cash. Some people only pay variable expenses with cash. Like groceries.
This is a great video! I'm trying to set up my envelopes and sinking funds, so this is the perfect video for me to watch today. I've also paid the stupid tax and did poorly with managing my credit. I'm working on getting it better now, and all my debts are current, nothing is late or any bad remarks. Soem things, like Amazon Prime, we just pay every month and I look at it as a regular bill. We have stockpiled a lot already for the household goods, so I'm setting up an envelope for that but we'll just let it sit in there so we have it when needed. We have kids in diapers (but when the oldest starts to potty train, they'll both train together because that's just how their dynamic works...). So they get $25 a check in their envelope and we'll go from there. We've decided we're going to drive less so I'm setting a strict gas budget of $40 a month. So unless we go on a long car ride, regular trips around town should keep up in gas for a while. But the great thing about budgets is everyone should have one, and they are all different from person to person. We're on a single income right now, so everything is tight. But we can still find soem wiggle room to get these financial goals met.
This is the best breakdown ever! Thank you so much.
This really was good !! Thanks !! I think I will sit down today and do this for 2020💕
I totally understood this! Helped me a lot. Thanks 😊 my New Years resolution for this year 2020 is to budget because I tend to spend more.
I love these! You’re helping me save and learn how to budget. Thank you!!!
Girrrrl what! This is amazing thanks!!!!!!!
Omg i totally get the whole budgeting and envelope system now. You explained it so well. Ty soo much!
I'm here for your beautiful hands! 😂 Beautiful handwriting, excellent budgeting breakdown 👏
You did a great job!!!! I understand completely! I'm new to this and never u understood sinking funds...l thanks!
amy fletcher that makes me so so happy!!! Thank you for watching & for the positive feedback ❤️
Idk how old u are but u just taught my old ass something new! im definitely going to use this! i appreciate you taking the time out to do this video😊
Thank you for the breakdown !! Really helps me
How can you evenly split the money between 2 paychecks if Bill's all have random due dates?
Id like to know that too. Im trying to start a budget this year
Sometimes you have to take more out of one check than the other. Use a calendar and mark your bills on their due date with amounts. Then mark the days you get paid. You will see the pattern of when bills are due. If too many are due at the same time you can try calling credit card companies or your car lender and see if they will move the date.
New to your channel. I actually enjoyed all the tables,( explained everything and made it easier to understand).
Such a great video! I've watched this so many times before starting my own Channel here eager to finally get my own journey underway
What if you have no credit cards and nothing but cash . I need help managing money
Thank you for this video. This was easy to understand, quick and I love how you made an example - as a visual/example needing person I love this videos! 💙💯
This was so helpful! Thank you for sharing! Also random question, but what pen were you using in this video?
Baylie Miller thank you for watching!! ❤️ I’m so glad you found this helpful (: and I used PILOT G-2 07 in the color Navy
This is the best budgeting video I’ve watched thank you!!!
get rid of that cable and BAM! gone a lot quicker
Tiffany Rockwell yes!! I’m working on canceling my HBO :) thank you! ❤️
Awesome video , finally a detailed breakdown video thank you
Thank you. It’s kinda embarrassing for me being 35 and not budgeting. I appreciate it
Magik847 you're not the only one @ 50 ish
Oh no, you shouldn't feel embarrassed, I am proud of you for starting this journey. You got this!!
BudgetWithBri thanks for your confidence and reassurance
Bless your soul. I have no idea about anything financial I need this channel so bad