Love these videos Shan. My daughter was 24 at the end of July and we have never spent her child benefit. When she was born you had to have a bank account so the money just went right into one we opened for her when she was born. Along with money she got for birthdays, Christmases and throughout the years when she was really young she has now got a huge lump sum towards her first property - which she's hoping to buy next year. She's been living in London for the past 5 years and is moving back home to save up for a year to give her even more savings
If only you’d actually put that money to work. If you haven’t spent any for 24 years and saved all of the birthday and Christmas money it’s possible that she’s got £50,000 to go towards a property. If instead you’d of invested that money into any good mutual fund, she’d have enough to buy the property outright. You went halfway at least.
Hi shan, love these videos and best of luck for your holidays x. On a recent vlog, you mentioned about going to Morocco. I recently went and I'm a mum of a 1 year old. Milk wise, you shouldn't struggle there with finding milk, it's really available in many stores and very convenient. However, it's best to take ready made baby food or purees. Resteraunts even allow u to warm the milk up. Dont forget finger foods and purees. This is because finding food and even finger food on the go was a little struggle for me. But hygiene and water wise, it's so much better than I ever thought! It is a very clean, hygienic environment , so yeah, you shouldn't worry about any of that!. Let me know if you have any questions x
Having just turned 39 and got laid off, I'm at a crossroads. With 425K saved for an early retirement at 50, 10K in an HSA, and a property that could net me an extra 200K, what are my options for passive income?
I’m confused about whether to combine all my investment accounts into one. If I decide to do this, how should I go about it, and will there be any consequences I should be aware of? I also intend to sell my property, which could add an extra 200K overtime. Should I consolidate everything into one investment account, or diversify across several sectors?
These are important questions for a financial planner. I connected with mine at a NYSE summit, and with her help, my wife and I reallocated our 1.7M portfolio between a traditional IRA and a brokerage account. She’s been executing trades with our consent and has managed to recoup twice our crisis losses. We’re holding and cautiously navigating the market
You mentioned your husband and you split costs 50/50. Does he also keep a budget where he tries to match contribution to funds (i.e. savings for a car or savings for your Japan trip)? What have you found to work for you to where you feel like you are teammates working towards the same financial goals? Thank you!
This is something I'd like to know too. Is he also putting £100 a month away for Christmas for example? I would have thought that's a shared cost but £2400 for Christmas at the end of the year sounds crazy!
Yes would be good to know although we suspect rather unfairly Shan pays for all Xmas and holidays/Japan and hol spends and kids days out by looks of it..
@@stephanieg9477 That would be sad, I hope that's not the case. It's hard working towards financial goals if you feel like your partner isn't on the same page with you. I know some people choose to combine finances and some choose to keep them separate. My husband and I have chosen to combine and that works for us since we both can log into the same budgeting app to log our purchases, but I'm always curious to learn more about how couples communicate on finances when they aren't combined.
Hi Shan, I’m finding these budgeting videos so helpful, thank you. May I ask a question for next time - with the expenses out of the joint account with something like groceries though, how do you track how much you have spent each week? If you don’t use Monzo pots or keep track within the spreadsheet of actual spending ? Thank you again for your videos.
Really enjoyed this video. I do this in a notebook but might upgrade to a spreadsheet! I use a similar pots system through starling and it’s a game changer. I am worried about finances when I go on maternity leave though.
Perhaps but you’d think she’d mention that 🤷🏽♀️ it seems such an obvious omission to me. But you’re right she’s more transparent about finances than some x
@@Jocawe I know I’m sure she adores her dog but having kids is a lot and juggling it all is impossible. I don’t think she adds any money on taking her girl out on baby classes too or George? I spent loads on Mat leave on baby classes, coffees out seeing mates etc. let alone my pet fees xx
Can't tell you how happy it makes me that tax is taken off me and given to this woman who has no need for it whatsoever and just puts it straight into her children's savings account for them to have an easy life when they're adults.
I don’t understand this comment…. Could you explain? Your parents would have received c/b for you when you were a child also … everybody who has children are entitled to this benefit
@@paigepizzey6030 I don’t get that either! You could say that if she wasn’t online and she claimed benefits. Taxpayers are paying anyone that isn’t working! She’s doing what’s right and saving for her kids future.
@@laurab4868 we do too as we took money to do an renovation. Only way you can but hoping they come down by next spring! But fixing at 5% May of been a mistake but risk you make
Live in my overdraft all the time basically lol 😞 How comes you and ash don't pop all monies into one account make life easier as your married have kids? Xx
With regards to the monzo pot…Kroo does the same thing you can separates your money just like monzo and you get 4.10% on all your money that’s is in your account no matter if it’s in a pot. I have both account and kroo is a lot better
I do this exact same thing using monzo with all my pots. Would be funny to see I bet your husband is just like mine. Here I am planning for years ahead and he's spending on shit and food 😂😂
@@user-oh2bl1gh2u anyone can receive it but if your over the fresh hold you have to pay hmrc back (your a nighter tax earner!) which I don’t agree with but your paid more so it’s hard to way up!
She’s paying more for utility bills as the usage will go up from working at home. you wouldn’t pay extra if you are working from an office. So technically she’s getting reimbursed for the extra usage and also other expenses. There’s alot more to it, a quick google search will ease your concerns. If it repulses you so much, do the same. If you can’t beat them, join them 😅
Love these videos Shan. My daughter was 24 at the end of July and we have never spent her child benefit. When she was born you had to have a bank account so the money just went right into one we opened for her when she was born. Along with money she got for birthdays, Christmases and throughout the years when she was really young she has now got a huge lump sum towards her first property - which she's hoping to buy next year. She's been living in London for the past 5 years and is moving back home to save up for a year to give her even more savings
If only you’d actually put that money to work.
If you haven’t spent any for 24 years and saved all of the birthday and Christmas money it’s possible that she’s got £50,000 to go towards a property.
If instead you’d of invested that money into any good mutual fund, she’d have enough to buy the property outright.
You went halfway at least.
@@simonalcroft7897very negative and not appropriate to comment. Mind your business
@@JadeandOliverPettett Not appropriate? My comment will hopefully stop making others making the same mistake.
CAP is such a good charity for folks to know about if they get into debt. Putting money away for my hair every month has been SUCH a mental help!!
Hi shan, love these videos and best of luck for your holidays x. On a recent vlog, you mentioned about going to Morocco. I recently went and I'm a mum of a 1 year old. Milk wise, you shouldn't struggle there with finding milk, it's really available in many stores and very convenient. However, it's best to take ready made baby food or purees. Resteraunts even allow u to warm the milk up. Dont forget finger foods and purees. This is because finding food and even finger food on the go was a little struggle for me. But hygiene and water wise, it's so much better than I ever thought! It is a very clean, hygienic environment , so yeah, you shouldn't worry about any of that!. Let me know if you have any questions x
Having just turned 39 and got laid off, I'm at a crossroads. With 425K saved for an early retirement at 50, 10K in an HSA, and a property that could net me an extra 200K, what are my options for passive income?
It’s understandable to want a financial advisor at this stage... but perhaps putting off retirement for a little while could be the smarter move
I’m confused about whether to combine all my investment accounts into one. If I decide to do this, how should I go about it, and will there be any consequences I should be aware of? I also intend to sell my property, which could add an extra 200K overtime. Should I consolidate everything into one investment account, or diversify across several sectors?
These are important questions for a financial planner. I connected with mine at a NYSE summit, and with her help, my wife and I reallocated our 1.7M portfolio between a traditional IRA and a brokerage account. She’s been executing trades with our consent and has managed to recoup twice our crisis losses. We’re holding and cautiously navigating the market
That is impressive! my portfolio has remained stagnate. Who is guiding you please?
*Leah Foster Alderman*
Putting child benefit into a Kids ISA is suuuuuuch a good idea wow
I love how genuine you are :-)
You mentioned your husband and you split costs 50/50. Does he also keep a budget where he tries to match contribution to funds (i.e. savings for a car or savings for your Japan trip)? What have you found to work for you to where you feel like you are teammates working towards the same financial goals? Thank you!
This is something I'd like to know too. Is he also putting £100 a month away for Christmas for example? I would have thought that's a shared cost but £2400 for Christmas at the end of the year sounds crazy!
Yes would be good to know although we suspect rather unfairly Shan pays for all Xmas and holidays/Japan and hol spends and kids days out by looks of it..
@@stephanieg9477 That would be sad, I hope that's not the case. It's hard working towards financial goals if you feel like your partner isn't on the same page with you. I know some people choose to combine finances and some choose to keep them separate. My husband and I have chosen to combine and that works for us since we both can log into the same budgeting app to log our purchases, but I'm always curious to learn more about how couples communicate on finances when they aren't combined.
Hi Shan, I’m finding these budgeting videos so helpful, thank you. May I ask a question for next time - with the expenses out of the joint account with something like groceries though, how do you track how much you have spent each week? If you don’t use Monzo pots or keep track within the spreadsheet of actual spending ? Thank you again for your videos.
Do you put any money into pension/retirement savings?
Really enjoyed this video. I do this in a notebook but might upgrade to a spreadsheet! I use a similar pots system through starling and it’s a game changer. I am worried about finances when I go on maternity leave though.
Do you put money aside for pension ? Would you be able to show/explain ?
And starling does 5 virtual cards to link to different pots x
I like Chase account for saving pots with 3.75% interest. This year I also stop paying for TV Licence, as no longer watching live BBC channels.
How do you only spend £200 a month on food?? I can’t get mine below £150 a week 🤦♀️ I have a baby so nappies etc and 2 older children
They pay half on everything. So her husband also contributes another £200 which means they spend £400 per month.
Can you do update on child isa Whats invested currently etc
Why do you only put 10% towards tax?
Where would you allocate things like your lashes or moisturiser or shampoo etc? Would that come out of your grocery budget?
Starling is the same as Monzo but they give 3.25% interest on all lots and current account balance x
Great video!
Your tv license should not be £15.90 each per month. It’s £169.50 for the year your £15.90 each per month equals £381.60
If she’s paying half the tv licence and her share is £15.90 a month (and her husband’s not reimbursing her somewhere not mentioned)- you’re right!
I love your content keep up 😊the good
Pet expenses? Insurance and food etc for Molly? x
I agree they are more accurate than some influencers! But she never adds mollys funds on here but perhaps her husband pays for it. X
Perhaps but you’d think she’d mention that 🤷🏽♀️ it seems such an obvious omission to me. But you’re right she’s more transparent about finances than some x
@@sophiej1385 I still
Can’t get my head round that she earns £3k just on you tube! Think I’m in the wrong job lol 😂 xx
They never address or talk about Molly ;( 😪
@@Jocawe I know I’m sure she adores her dog but having kids is a lot and juggling it all is impossible. I don’t think she adds any money on taking her girl out on baby classes too or George? I spent loads on Mat leave on baby classes, coffees out seeing mates etc. let alone my pet fees xx
No pets expenses ?
Can't tell you how happy it makes me that tax is taken off me and given to this woman who has no need for it whatsoever and just puts it straight into her children's savings account for them to have an easy life when they're adults.
I don’t understand this comment…. Could you explain? Your parents would have received c/b for you when you were a child also … everybody who has children are entitled to this benefit
@@paigepizzey6030 I don’t get that either! You could say that if she wasn’t online and she claimed benefits. Taxpayers are paying anyone that isn’t working! She’s doing what’s right and saving for her kids future.
Can you do another solo bedtime routine?
Why do you have two mortgages Shan? Interest rates are so expensive now :( I fixed ours at 4.2% just before the price hike.
@@laurab4868 we do too as we took money to do an renovation. Only way you can but hoping they come down by next spring! But fixing at 5% May of been a mistake but risk you make
If you are on a fixed rate for five years mortgage it shouldn't be going up
I would love to see how you get your food shopping to £400 on a video. We spend roughly double that for a family of 4 🤦♀️ x
I spend £80 a week for family of 3, buying just food like meat, vegs, fruits, dairy, bread, very little sweets, no sodas, no alcohol.
Your tv license, is it so expensive because you are paying double for the first 6 months? We pay £13 ish per month x
@@MichaelaGill-x2d I think so? There is a weird reason I’m sure! That’s just how much it is this month 🤣
Live in my overdraft all the time basically lol 😞
How comes you and ash don't pop all monies into one account make life easier as your married have kids? Xx
Hi Shan 💁♀️♥️🤗
With regards to the monzo pot…Kroo does the same thing you can separates your money just like monzo and you get 4.10% on all your money that’s is in your account no matter if it’s in a pot. I have both account and kroo is a lot better
Can the spreadsheet be downloaded and used on an iPhone /ipad or does it need to be a laptop etc? X
I use the spreadsheet fine on my android phone. I couldn't be without it now
I do this exact same thing using monzo with all my pots. Would be funny to see I bet your husband is just like mine. Here I am planning for years ahead and he's spending on shit and food 😂😂
Tv license 😂 i thought you didnt 'need' a tv license 🤣🤣🤣 also they are not £30 a month!
That not good am working 5 days
It’s disgusting that you receive child benefit while only paying 10 per tax
@@user-oh2bl1gh2u anyone can receive it but if your over the fresh hold you have to pay hmrc back (your a nighter tax earner!) which I don’t agree with but your paid more so it’s hard to way up!
Oh hush you would too
She’s paying more for utility bills as the usage will go up from working at home. you wouldn’t pay extra if you are working from an office. So technically she’s getting reimbursed for the extra usage and also other expenses.
There’s alot more to it, a quick google search will ease your concerns.
If it repulses you so much, do the same. If you can’t beat them, join them 😅