AM I POOR? LET’S LOOK AT REAL NUMBERS! HOW I BUDGET WHAT I HAVE
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- Опубликовано: 5 окт 2024
- ALERT! ALERT! MY HOME OWNERS INSURANCE IS $109.00 NOT $1.09 SO SORRY I MISSPOKE. SILLY ME! THANK YOU FOR POINTING IT OUT TO ME. Today on FRIDAY CONFAB I share with you my budget. Am I poor? Let me know what you think in the comments. How do you budget?
My homeowners insurance is $109.00 per month not $1.09 per month. Thank you all for pointing out my mistake. I really appreciate it! 😂❤
@@simplefoodsimplelife9632 I thought that was the case, but I almost asked you for the name of your insurance carrier!! 😉
Living on a budget doesn't mean you are poor. Like you, I never talked about money. My parents taught me it was rude. But the downside is I never learned how to save or invest until I turned 60 and panicked when I realized I had nothing for retirement. I started my own business, paid off all my debt ($30K), built an emergency fund, focused on my health and got my finances in order. Now 4 years later, I'm financially secure but not rich nor do I ever expect to be. Comfortable is just fine with me.
Well said Linda!
Thank you. This was very helpful....
I love to repeat what my ancestors said throughout the Great Depression, "I've been broke throughout my life (including now), but I have never been poor. Poor is a state of mind."
I loved this video. I didnt save for retirement. My husband didn't either. I am flying solo at 68. Tightening the bootstraps and climbing myself out of my debt. My health took a turn in July. Had a stroke and am now diabetic. Never took meds before. Now I do. Working gig apps to help my budget. God will provide and keep me moving forward. I save my coins and dollar bills also.
God Bless you Judi! So sorry to hear of your health issues. Indeed, God will provide.
I have a good friend in Asheville, NC. She posted on FB this morning, and I was so relieved. No power or cell service for a week, so she could not contact anyone to let everyone know she was ok. Her and her husband have been helping the community. So many without water, power, etc. still. I love your attitude. I think being grateful and your mindset has a lot to do with how you view life, and you radiate positivity.
Thank you Kelly! So glad your friend is doing well.
I always enjoy your videos. I’m amazed that you live on so little and seem to thrive. God has truly blessed you and you have definitely used what you have been given wisely.😊
Thank you Jackie!
Robin, thanks for sharing your budget and saving strategies again! I am shocked at what is happening with those who were impacted by Hurricane Helene, especially those in the Blue Ridge Mountain areas of North Carolina and Tennessee! I can't imagine the devastation they have experienced - they must be in shock. I'm thankful for those who have volunteered time, money, and supplies to help those in need! Our government officials should be ashamed of themselves for their lack of support considering the billions of dollars spent spent on non-Americans. I agree with you - something needs to change!
Have a blessed weekend!
Also living on social security and with this inflation, it’s a genuine challenge. I’ve turned frugality into my “job”. Write down every way I save, investigate more ways, write down real & anticipated savings…it’s actually fun & takes some of the fear in these challenging days.
You are so right about the country needing a change! What is happening with Helene to our fellow Americans is absolutely disgusting, but looks like neighbors (even from states away) are coming to fill the void.
Thank you Karen!
You're a strong woman and you manage your income wisely. You can have a lot money and still be poor as I see.
You are definitely rich and smart because you are debt free!❤
I agree, if I outlive my husband, my budget will be very similar. However, we have no debt and strive to continue with no debt. He has dementia and we have a small savings for future needs, so it’s all a big question. But life is good. We love the Lord. And our children are so loving. No complaints. Love your channel!
You are blessed Kathy!
Robin thanks so much for being so vulnerable and sharing your budget with us. It is a difficult thing to share for sure. I am not retired yet. I probably have another 15 or so yrs to go but I love to get all the tips I can before I am to that stage of life. I am thankful for my upbringing as we did not have much as I was growing up but it taught me so much about being frugal and how to live below my means. Not to say I don't have a splurge every so often but those things are in the budget too! Tomorrow is one of those splurge days ... going to the pumpkin patch with my friend and her family.
Hi Robin, I wrote several months ago. I make several hundreds less. I rent but my groceries went up from 20 each of us a week to 30 each of us a week. my husband and I. My husband got a side hustle this week cleaning an office. He just got his green card. And I am repairing my 21 year old car. The car will take 3 months to repair but it runs well. I don't feel poor but cash strapped right now.
I remember you Kaylee! I understand completely. One day at a time.
You are truly blessed! Family, friends, food, transportation and a roof over your head! ❤️
Thanks for going over your budget. It is helpful to see how others manage their retirement resources! I am retired too and always looking for ways to stretch my money!
You are so welcome!
Great video Robin, I'm sure this will help people to see that you can live well on a budget. You are so real and I appreciate that. Blessings to you❤
Thank you so much!
I am so impressed with how you manage. Thank you for sharing. So very helpful. ❤
My mother always told me to live simply so others can simply live❤ I think you're using your tools to help others😊 thank you Robin❤
You are so welcome!
I feel blessed that I can keep a roof over my head and food on the table. It just takes some planning and since I am now retired I have plenty of time to do that. If the rich were taxed fairly we would have lot less hungry people in our country and more for emergencies.
What is your definition of rich? Taxes are high now. I probably will be paying 50-60k in taxes this year. That is like working for nothing for 4 months of the year.
Whether you are rich, poor, or in between... it can be measured in so many more ways than with your pocketbook. I like how you trick yourself to save with the coin and one dollar bills.
I agree something is about to change.
Things need to change for sure
I like your channel. Thanks for sharing. I agree with you about the government.
Thank you for sharing all that personal information, you would not believe what a blessing/ motivation it was to me to hear it! I'm retired living on S S around the same amount, and it's ok I'm pretty frugal, but it's scary because things keep going up in price. I love your attitude! Thanks again
You are so welcome Betty! Glad to be of some help.
It is always helpful to see how others manage their income and expenses. You have a great system that works well for you. What needs to change more than the government's response to natural disasters, is individual's response to their income and savings plans. So many people live a large life with little income.They don't plan for the future, and live for today. If they were better prepared for emergencies, the government wouldn't need to step up and bail them out. North Carolina was a freak storm that nobody saw coming, but there are so many people affected over a large swath of area, the government is stretched a little thin in both emergency funds and personnel. Sorry for the rant, but I believe we all need to step up and take some responsibility for ourselves too.
I am in Georgia. My electricity came back on last night. And this morning I checked the water and yes I have water. We do have to boil the water for a while but that's okay I've been boiling water for a week. You are doing a great job.
Thanks for sharing Stephanie! Good news for sure. God bless and keep you and yours.
I love all your videos, and your many helpful suggestions. I think this may be the most important one you've made, and that it will help many people. Thank you for being so transparent and kind. XO
You are so welcome! And thank you for being here.
This is my first time watching and you are simply refreshing. Love your positive attitude!
Very inspirational video! My condo and car are paid off. I make about $1562.00 after Medicare is taken out. I also have a supplemental plan. I tithe on my net pay. I spend about $200 on my groceries, household goods, and toiletries. I also have a cat. My expenses are similar to yours with the HUGE exception of school loans ( which have been on hold since the pandemic) and credit card debt. I'm working hard to get the CC debt paid off, but sometimes I have to use my CC's to make ends meet. It is a constant battle. I'll probably be making school loan payments until the day I die! I do save in two different accounts, but that is very minimal. I basically live from paycheck to paycheck (SS only). I'm tightening up my budget, and I'm slowly chipping away at the CC debt. It isn't easy. But I'm not stressed. I am blessed to be retired, live in a cozy home, and enjoy spending time with my family. I keep my nursing license current- just in case. Blessings
Thank you Sabrina! I appreciate your attitude and determination. You are wise to keep your license. I am rooting for you!
This video helps me very much. I have a very low income and am trying to figure everything out. Thank you. I will listen to this again. You are very wise. I always find it interesting to see how you spend your money on food ect.
Glad it was helpful! Thank you!
I think this video has helped many people. My husband and i budget very similar to this . Thank you .
You are so welcome!
Am a new viewer to your channel 🙂
Really appreciate toward the end of the video you noting according to your standards you are not 'poor'.🙂 Don't feel poor either, because I simply note that all my needs are met. And yes, having an emergency fund is important. Especially being on social security now.
NEEDS and WANTS are two separate things and many people's wants are not needs. And it's often the wants that get people into debt.
Thank you so much 🙂 Beth and welcome.
You've really got it going girl! Great budget!
Robin, you are blessed in the most important ways. You are also a blessing to us.
Thank you Jennifer. So appreciate your kind words.
I feel the same😊
Dear Robin: I just found your channel! You are a beautiful, kind, and smart lady!! And, your attitude and gratitude for what you have and what you share is inspiring. Thanks for being so open. Blessings xo
Thank you so much Judy! I’m glad you are here.
Yea we can live on very little , I too get social security it’s not hard to live on 1600.00 a month.. I live on that too.. yes mam we are blessed.. I’m working on some consumer debt but I’m still managing.. and I rent and my rent is $875.00 but budgeting is key.. it can be done,.. I don’t have car expenses I ride city transportation, I keep myself a little stockpile of food as well..
Thank you for sharing Donna! God Bless!
I am not poor but have a low income. I am careful with spending, do not have a new car [ mine is 16 years old ], do not have cable tv - never had it-, no streaming services or subscriptions. To save money on glasses, I bought new lenses for an older frame that I love, my prescriptions are as low as I can go. I pay car insurance 6 months at a time to save money, I buy alot of items on clearance, managers special or sale, clothes from Walmart, thriftstores, overstock store so not fancy.
I call for coupons for cat food each month and that helps. I just recently got my hair dyed and cut for the first time in 10 months for $60. I plan on doing it more often as I want to keep it up.
Thank you for sharing with us Jill! God Bless!
Poor is a relative term so I am not sure how the person asked expected you to answer. Thank you for sharing. I am in my fifties and will be retiring and am trying to look at various people who are already living on a fixed income for guidance.
I wish you well Chris. Thank you!
Great video!! Yes, sharing helps tremendously.
So glad!
Thanks for the video. It made me think. 😊
I’m in Canada 🇨🇦 and agree on all fronts… it’s a sad state of affairs for us and the USA. We need BIG changes in our government to clean up the current mess… 😢
Amen!
I like your honesty. I like simple you are blessed
Thank you so much 😊
I have decided to only have dogs that do not need grooming! I used to do my own, but that gets old.
Great help! Thank you.😊
You're welcome!
This is such a helpful video I am a budget geek. Wow how do you have such low homeowner's insurance did you really say $1.90 a month? Inflation is really hurting me as it is for many others I have had to give up some things I consider treats to pay for rising fixed expenses. You're doing a fabulous job with telling your $$ were to go every month, thank you for sharing so much of your tips and tricks with us : )
Thank you Tracey! LOL…I misspoke. I pay $109.00 per month. Thanks for noticing.
Uncertain times we need to tighten our purse strings. Stretching every penny.
Indeed Dolores!
By the way Brian Kemp the governor of Georgia said President Biden called all the governors right after the flood started and offered them whatever federal aid they needed. Poor families, whole towns destroyed, much bigger loss than what money can replace.
Words are cheap, unfortunately federal aid isn't coming thru like it should. Governor Kemp also sought federal relief aid for 90 counties and 11 was given. He went back again and 30 more were given... 41 out of 90 counties affected.
I agree with everything you said today. I have lots of family in VA, WV, TN and NC. None were affected with great loss. Two of my cousins had campers or an RV, not sure which, at a permanent camp site. They enjoyed their camp living there and literally stayed there as much as possible. This campsite where they stayed was completely washed away along with every camper and RV there. They are sad but very aware that material things are not the most important. The rest of my family had to deal with no electric for prolonged time, and trees uprooted and broken all apart. Roads around them will need to be repaired. Roads and highways within a couple of hours from them are GONE. Lots of help is going in from private organizations and benefactors but not much AT ALL from the government. Dolly Parton pledged one million dollars which will be matched by someone she knows, and Walmart has pledged ten million. This is what I have heard. Walmart has already been sending in whole convoys of semi trucks loaded with everything you can imagine! And thank you for sharing the way you budget, but I really think you shouldn't talk about how much money you have or where you keep it. You are talking about things on the internet that goes all over the world including some very dark places. I would say to pick an arbitrary amount and use it as an anonymous example. And YES, HEAVENS YES, You teach me good things in all your videos and I thank you. And I ask God to bless you. And I think I speak for all us viewers when I say, We LOVE you, Robin, I hope you know we really do! ❤
Thank you dear Jane so very much! I so appreciate your caring for me. And thanks for the boots on the ground update on the effects of the hurricane. God bless you and your family. Praying for one another.
I recently retired, and my net income after Medicare is takin out is 1667.00 a month. Finally someone who makes close to what I do! I couldn't even imagine on living over 3000 grand a month, even when I worked. I do not consider myself poor either. I live in Indiana, cost of living is lower than many states which I am thankful for. I'm 68. Have a small 401k that I think I can start doing the RMD at age 72? They keep raising the age. My concern is raising property taxes, home and auto insurance in the coming years. Like your savings plan idea! Always had sinking funds while working - need to work this into 2025 budget. You are doing great! Such an inspiration!
PS sending prayers daily to those affected in Hurricane Helene too.
Thanks so much for sharing Donna! Your experience is so helpful to others. We are all just trying to find our way in these volatile times. God Bless!
Call your tax assessor office. You may be able to freeze your property tax. My state freezes this at age 65 if you have below a certain income.
@@sabrinabeckham3826 I submit the doc to get a lower rate each year. My property taxes actually went down this year. Thank you for the suggestion Sabrina!
@@simplefoodsimplelife9632 Yikes. I thought I was replying to Donnanorris above.
You may be eligible for liheap, and snap dial 211 and see if they can help you
My net worth is above average, we’ve been saving and out of debt since our late 30’s and early 40’s, but I still want deals! I’m very frugal so when the unexpected happens I won’t freak out about the expenses. Or if I’ve felt compelled to spoil a stray cat.😂 We are very lucky my husband is a rare bird with a pension and our health insurance is paid for through his employer after retirement. 🥰
Great video
Thanks so much!
😊
Great video. Did you say your homeowner's insurance was $1.09?
No. I said $109.00. I wish lol
@@simplefoodsimplelife9632 In the video you did say your homeowner's insurance was one dollar and 9 cents. That threw me a little so I went back and listened to it again. Oops, lol.
Me too!
That is great expendable income. I am assuming it’s discretionary/buffer. Thank you for this video. The video I just viewed before this had a travel budget of 2k a month. Not realistic for me. This was much more practical.
Thank you Sabrina!
Do you just have social security? Do you have any pensions’ Or stock market investments’? Thank you for this great video!! 🙏🌻
Just social security.
Thank you so much!! God bless!🙏❤️
Homeowners is $1.09 is that right? Or I heard wrong?
My homeowners insurance is $109.00 per month. One hundred nine dollars per month.
Your home owners sounds high. Not sure where you are and the price of your property. Ours is less than 800 yearly. It is cheaper because we bundled with car insurance and pay yearly not monthly.
Maybe you can ✔️ into.
You are most frugal.
You do a good job saving monthly.
Kudos to your family helping with your cell phone.
From North Carolina. It is bad, not in my area but in the mountains. It is devastating.
How about clothing or gifts? We shop our local thrift shops and sales. Gifts have been cut to immediate family only 6.
I too feel blessed and able to give to the hurricane relief.
Thanks for your comments. No we have had great response from Biden, Harris, Governor Cooper and FEME. We have had an amazing response to this tragedy from everyone. Even Canada sent electrical line men.
Did I hear you correctly that your homeowners insurance is $1.90 per month? How in the world are you able to cover your homeowners insurance for next to nothing? My homeowners insurance is several hundred dollars each month. I've never heard of such a low premium. Thanks...and I don't mean to pry...I just am trying to understand how you can get coverage for such small a premium. Diane in NC
My homeowners insurance is $109.00 per month. One hundred nine dollars per month.
@@simplefoodsimplelife9632 Thanks for clarifying that, Robin. What I heard you say was "a dollar and nine cents." That's not what it is, obviously! Don't you wish it were! 😄Diane
@@simplefoodsimplelife9632 Oh LOL I heard $1.09 too posted a question about that....glad I read all your comments....I was like what insurance company...... sign me up....hahhahaha
So just hoping that you are getting your Social Security check based on your husband’s Social Security since he’s already passed. Because men usually earn more than women do, especially in the past, that is more money than you would probably get from Social Security by yourself. I think there is a top off available if you were drawing on yourself and your husband passed I’m hoping that you checked into that as well..
So enjoy you...
Thank you Karen!
our government over spends it budget that;'s why were a country with a lot of debt and as I see were not a rich country but poor.
Do you tithe
Why are you telling us this, Robin?
She is telling us this, because the way of the economy is today, everyone needs to learn how to budget their income. She is trying to keep it simple. People can learn from the way she does things, whether it is budgeting or cooking. We all love to hear of new, simpler ways or ideas to do things.
Thank you my dear girl! Well said. Much love to you as always.
@@sharonhunter4782 I know that-thought she might've had cash flow issues & needed $$$
The bible tells us to tithe 10% of our income.
Giving to any person or charity is the same as giving to God.
Amen!