HOW I PLAN TO SAVE $10,000 in 2023 ON A LOW INCOME | EASIEST WAY TO SAVE MONEY!
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- čas přidán 21. 07. 2024
- HOW I PLAN TO SAVE $10,000 in 2023 ON A LOW INCOME | EASIEST WAY TO SAVE MONEY!
Hey friends,
In today's video I am sharing HOW I PLAN TO SAVE $10,000 in 2023 ON A LOW INCOME.
This is by far the EASIEST WAY TO SAVE MONEY and my cheat code plan to accomplish this goal in 2023.
The best part is you can do this with any budget or savings amount if you use the strategy I am sharing today.
What are some of your savings goals for 2023?
If you enjoy budgeting content like budget with me’s, cash stuffing, savings challenges, and paying off debt make sure your subscribe to my channel and join me on my journey to becoming debt free..
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DISCLAIMER: I am not a financial advisor or expert. I am sharing my personal experience in hopes to helping others in their financial journey.
#lowincomebudget #cashenvelopestuffing #cashenvelopesystem
Month #2 update:
czcams.com/video/381IhXRmjmg/video.html
I had a $10,0000 goal on 2022 but only saved $7,000 still very proud of myself
$7000 is still a great savings amount!. Some people saved $0. Maybe you can look back and see what small changes you could make to help you reach this goal in 2023. You did a great job! Give yourself a pat on the back ❤️
That’s amazing!
We have a goal to save 12k on a 60k income. We are currently at 7k savings a year. We have 32k in student loan debt to lay down over the next 3 years. Thank you! ❤
$7000 is still a great amount, congratulations! 🎉 Most of the Americans have less than $1000 in savings.
Well done!🎉
With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.
Investment is a fabulous way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky.
For this reason, I suggest consulting experts for advice (financial advisors).
The difficulty lies in effectively employing it, not just watching videos and reading investing books.
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.
Sincerely, I'm moved by what you said. I have a sizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.
Margaret Johnson Arndt is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too
$10,000 sounds like a lot, but when you break it down to the most basic level, it's only $27.40 per day. Even when we were on food stamps, we could afford that. The key is to get out of debt first. We had to give up a lot. We had no subscriptions, bought no alcohol, didn't go through a McDonald's or buy clothes or makeup or anything that wasn't an absolute necessity for survival for 20 months. We lived off of rice, potatoes, chicken, eggs, and cheap vegetables and bananas. It was rough, but it was such a short chapter in our lives.
I think $27.40 is very doable, but the problem is most people aren’t paid daily. Having a savings goal that is realistic with your income is what’s going to make the most difference.
Thank you for sharing your experience and congratulations on overcoming those obstacles! 💕
@@ohshebudgets my husband was paid bi-weekly. We weren't putting that money in the savings every day, but knowing that number made it more motivating to avoid those frivolous purchases everyday and whenever my husband got paid, we always had leftover money to set aside. My husband's coworkers thought he was crazy for packing lunch and dinner every day, but they were spending like $40-$50 on fast food every day and complaining that they didn't make enough money. In reality, they were just frivolous with their daily spending habits. And thank you! We are so happy that we did what we did. We feel so accomplished. People don't understand how we were able to buy a house on one income and I wish more people knew how doable it is when they prioritize and work hard.
@@IrishTwinMaker absolutely! The sooner they learn the better off financially they would be. I’m happy I have learned early asking so when my income does increase (🤞🏾) I can still manage.
It was a nice short chapter I’m glad it’s over for you but for some it’s hard
Thank you for this comment!
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
The best course of action is to ask a consultant or investing coach for guidance or assistance.
Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic
The Adviser I'm in touch with is *'John Desmond Heppolette'* he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television.
You can use something else. for me he strategy works hence my result. He provides entry and exit point for the securities I focus on.
It's remarkable to have faith in someone who can consistently deliver profits under a circumstances, and they never disappoint. I trust *John Desmond Heppolette,* implicitly, and since trading with him, it's been nothing but victories...
this recommendation came at right time, very much appreciate it. curiously inputted his full name on my browser and found his site top search, no bs.. over 20 years of experience is certainly striking!
I started my $10K emergency fund in January and I was able to save $7,500 by the end of 2022. It wasn't a perfect journey, but here's what helped me:
- automate my savings (10% goes to my account every paycheck)
- put it in a high-yield savings account: I was able to accrue ~$80 because of the interest rate this year)
- throw in additional income that comes my way
- if I have leftovers in my checking account after I budget, I throw it in my EF
- pause my contribution to my HSA and Roth IRA temporarily so I can focus on EF
For context, I make 68K a year but live in a metropolitan city in the US, so my cost of living is high. I'm proud of what I'm able to save though!
That is amazing! Congratulations!
Thank you for these tips
You are a major motivation! I am in a similar location and annual income level. So many of the videos I see involve situations that dont really translate well to me, but your experience is what I needed to hear :)
Thank you for these ideas
Congrats.
I'm a janitor in southern cali where its expensive to live. I live on my own. I make 62k-66k depending on the overtime I work for that year. I'm able to save about 16k in savings and investments. So it is possible. Just my savings reads 73k I plan to save 15k this year. You just have to budget and every lil bit adds up.
Luis have you considered working for an apartment complex? If you have handy man skills, it may be possible to get an opportunity. Many of those positions offer an apartment which may be rent free. If you own your own home or vested in your current organization/company, this may or may not be feasible. Your skills and experience are a goldmine.
I am also a cleaner in Canada. I am the only bread winner my hubby home full time with our annimal.
I make Around 30k and last year saved 17k in 6 months and 10k ln the other half of the year because I travelled for 2ms
@@Homeofcraftsideas 30k -17h -10k = 3k. So you lived off around 3k the entire year? How??
@@alicia_nicole lived with my parents
A lot of times the low income issue isn’t the problem, it’s just all the bills 🙃 I’m overworked but I’m going to get into cash stuffing and just go forth with a positive attitude
A positive mindset is a great start! I’ve eliminated and minimized a lot of bills to free up money in my budget. You got this! ❤️
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@angelicaaquino4109 Impressive! can you share more info?
@@kenanporubsky2122 My advisor is ‘’Christine Jane Mclean’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2023 and I believe it's my time to invest and shine for a better future.
I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.
There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.
You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals. Having monitored my portfolio performance which has made a jaw dropping of over a million dollars from just the past two years, I have learned why experienced traders make enormous returns from the seemingly unknown market.
What strategy do you use please?
My Financial adviser I’m investing with is ‘’Colleen Janie Towe’’ and she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I recently got into the youtube financial niche, and I’ve taken a deep dive into investing, particularly in stocks, and ETFs as they interest me. Tried several methods trying to figure out the best approach to building my portfolio. So far, I’m making progress with the help of an astute fiduciary. I’ve been able to compound over $78k in profits from my trades. Back to the video, wonderful job there, always look forward to your next content.
@Akina M OtienoFor me, as someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.
From the your comment, I instantly knew that you have good technical understanding, and experience of investing! Professional help can never go out of style because you have an advantage over others.
I have paid off my mortgage, and have enough saved in my emergency fund before hitting 40 next month. And by God’s Grace I invested two-third of my salary in stocks, ETF, and bonds. Over time my investments have yielded a little over $92k with Sir Jonas’ help. Looking at building a robust retirement in 2 to 3 years time.
@@Rubyruby287Could you be kind enough to drop a lead to him? Thank you in advance.
@@Lilybee931Sure,
Hermanw jonas (a g mal comm
If you're new to the world of wealth-building, partnering with a financial advisor is an excellent way to begin your journey. I was able to accumulate substantial gains by working with an FA[financial advisor]. They assist in managing your overall investment risk profile, preventing permanent capital loss, and ensuring that your investments are broadly diversified, taking into account your personal risk tolerance, time horizon, and financial goals.
I agree that seeking the guidance of a Financial Advisor is crucial in finding the right balance between saving and living. However, it can be challenging to find a trustworthy and credible Financial Planner. What steps can one take to locate a verifiable Financial Planner?
@@patrickjones1392
That's a great question! Here are a few steps i took to find a trustworthy and credible Financial advisor:
1. Look for a Certified Financial advisor/expert -they are professionals who have gone through rigorous training and are held to strict ethical standards.
2. Check their credentials - You can verify a Financial Planner's credentials by checking with the Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC).
3. Check their experience - Look for a Financial Planner who has experience working with clients who have similar financial goals as yours.
4. Trust your instincts - Ultimately, you want to work with someone you feel comfortable with and trust.
By taking these steps, i was able to find a trustworthy and credible Financial expert/advisor who has helped me achieve my financial goals.
@@richarddamien4654
please whats this financial expert name so i could make my research and also benefit from their services
Thanks for an inspiring video! I have started my planning for 2023 and realised I need to focus on earning more not just spending less!!
Hi Brie! Thank you so much for the super thanks and watching this video! I used to think about “what else can I cut out” until I realized I just needed some more income too. Wishing you the best of luck on your journey in 2023! ❤️✨
Exactly I currently have 3 things I do for money and in 2023 taking a position to make more money and enrolling for my MSW with tuition reimbursement!!! This is needed!!!!
@@Melanatedminimalist congratulations on your new position! Best wishes on your new endeavors ❤️✨
Oon
You’re so right. Those two things work in tandem with each other
I’m back to being humbled after losing $70k of my life savings in the stock market. Now I’m starting over and have currently saved 3k in over a month
We’ve all had a few humbling experiences. I know I have for sure! Being able to save $3k in one is amazing! I just reached my highest saving last month at $1281 and even that was a blessing! ☺️
It's only a loss on paper, and when you sell as a loss, the market always recovers at a much higher rate. History proves this. The key is simply investing for the long term to reap the benefits, The problem is that most people panick when they see a decline in their stock value and sell off.
I just started exotic dancing ( I know it's not the ideal occupation but I'm a single mother and don't plan on dancing long ) Anyways I plan on saving $330 everyday a month that's $9,900 a month. I plan on doing that for the whole 2023. After that I will be getting a regular job. Thanks u motivated me.
We all start somewhere. Forget what others think and do what works best for you. Best of luck in 2023! ❤️
Why can’t you just get a job as a secretary? No judgement but that’s a lot of crazy energy around you! And you can save more w a 9-5.
No dancing is an awesome job. The part that makes it hard to save is that it’s up to you to put the money aside. I danced for most of my 20’s and made incredible money but unfortunately wasn’t great with finances. I just worked whenever I felt like it, no consistency. And didn’t take money serious cause honestly at times it felt like it was so easy to get. I mean I traveled a lot and got to do alot of cool things that I wouldn’t have been able to afford working the jobs I was before I danced.
Anna, just stay focused on the money aspect and figure out what works for you. Dancings a wonderful job if you’re cut out for it.
You're a good mom for doing whatever you have yo do for your kids.
Yes! It is absolutely possible. With a solid budget, intentionality, determination and faith…be prepared to be blown away. ♥️
Yes I’m going to do it ❤❤❤❤
I agree with you! Having faith that it can and will be done is going to help a lot! I’m ready! ❤️
Love how the focus was generating more income to save rather than limiting the things you do.
I got rid of as much as I could until I realized that I needed to make more. Its not always easy but necessary ☺️
I love how you break it down and not make it just one big number. I started making my 2023 savings plan last night and this will help a TON!!!
Yay! I’m happy to hear that! I’m so glad this will help you with your 2023 plans as well! This strategy can work with any savings goal! Best of luck on your savings journey ❤️
Hey friends! Thanks so much for tuning in to today’s video! Do you think this method/ strategy will be helpful for you? I would love to know in the comments. ❤️
Yes, this was very helpful. I saving 10,000 as well.
Yes! New Subbie, you're almost at 5k!!
@@angelapayne2976 I’m happy it was helpful! Keep me updated ☺️❤️
@@LL-eb7bn thank you for subscribing! Growing tremendously ☺️
I love how you mentioned you had just over 2k subs and now you are almost at 4K in 2 days! This video will surely help you reach your saving goals and grow your channel 🙌🏻
Thanks Sarah! It’s crazy how things can change in a matter of days. I’m so happy to be building this community and if I can help a least one person a day my heart is filled. ❤️
I want to say thank you for sharing this. Not gonna lie my initial reaction was "but I only get paid once a month and I am low income!" But seeing you break it down and how you figure out the second bucket really has my mind going. I'm new to the savings game and tired of living paycheck to paycheck fearing emergencies. This is extremely helpful and I watched your video where you break down your income so I know I can do it. 😁
Hi Leah! I’m so happy you found this video helpful to you. $10,000 is a big number and can be scary. When we break it down into smaller goals it gives us hope, even on a low income. Even if it’s not $10,000 I hope you can use this plan to help you with your own financial goals. ❤️
Yup, my husband and I are in the same boat, only get paid once a month and low income. Previous years we were able to save half our income, so it is doable.
New subscriber here. Love how you break it down. You have a nice voice as well. Can’t wait to see your progress.
My 21 yr old daughter and I are doing a no spend 3-6 months. We start January 1, 2023. I’m hoping my daughter decides to go longer as she needs a car and last one she bought she paid cash for, but with the increase on car prices and everything else, this is one way to get it done painlessly. She’s works in a nice retail store, so it will be quite difficult for her, not as difficult for me. I plan to get a second job just to save extra money for a car and a move from TN back to Texas to be closer to my family.
So exciting!!
Thank you so much watching and joining me. No spend months are a great way to really decide on wants versus needs. It also allows you to save a little extra each month. Hopefully 2023 is starting off great for you guys! Best of luck this year💕
HOW MUCH CZcams PAID ME FOR MY “HOW I PLAN TO SAVE $10,000 IN 2023 ON A LOW INCOME” VIDEO
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What a great breakdown. I am trying to pay $10000 off in credit cards and this will help immensely
Hi Melissa! I’m so glad this video is going to be helpful to you and help your reach your money goals! I can’t wait for you to share the update that you paid it off in 2023! Best of luck ✨
Can't believe they don't teach us this kind of stuff at schools
I don’t know! The good thing is now I can teach my children and they can teach their children. ❤️
I’m gonna try save £20,000 in 2023
I’m praying for everyone of you all during ur endeavour
You got this! Set a plan and go for it! Amazing things can happen ☺️
I absolutely agree on talking with people, who are like minded and wanting to save, or pay off debt . Trying to speak to someone who understands, but doesn’t want to reach goals is draining. Then you hear how their bills is due and need money , and that throws you off from your goals/aspirations. . Can’t asked me anymore I’m over it. I have a CZcams I created in October, and working on bringing more content, so that I can use CZcams as an income source as well.
I love talking to like minded people. Then it doesn’t seem like always talking about money. Having the extra money coming from CZcams is a blessing for sure!
Best of luck to you this year! ❤️
Hey sha’davia! This is a great plan! I may see what I have saved these past few months to see what will work with my budget.
I saved 10k in 6 months doing Doordash putting away anywhere from $100 one week to $1k however life happen had to make adjustments made dumb decisions im back goals still the same going back to basics is also important that's what im going to do i also trying to buy a home but i want to come correct with something i try not to beat myself and continue striving i did it once i will do it again having a consistent schedule devoted especially to a side hustle works you get what you put in i have a few W2's and 7 1099's always on deck i like variety i keep at least 2 1099 on rotation each week
So smart! The first step is believing it is possible and you've done a great job demonstrating that!
Thank you! A lot of things are mental and believing you can achieve something is the start you need. Thank you so much for watching ✨
I love this video. I've been on both sides of the poverty line in my adult life and it can change either way so fast. And I know people who make way more than me and my family that are struggling and people who make less than are thriving. It's all about prioritizing your income. We're coming out of a very difficult financial time and trying to save up for a down payment on a house. Thank you for this video ❤️
Thank you for sharing your thoughts. I used to be so hard on myself having low income until I learned how to manage my money better. Do I wish I had more, of course, but learning how to create a budget and save now is going to help a lot in the future. Best wishes on your savings journey this year. The house is yours ☺️❤️
Just came across your video & subscribed. I absolutely value how you broke this down to smaller & more attainable numbers!! Very much enjoyed, may God bring you all the blessings to exceed your goals in the new year 🎉❤
Welcome aboard! I’m so glad you found this video helpful! The big number can make it seem harder to reach but I found making smaller goals can help add up to the bigger goal. Thank you for watching ❤️
It is so rare to find sound advice for basic savings. The visual representation and break down of the goal and income sources really helped solidify and inspire a new way for me to save.
You’re welcome! Creating a visual for myself really helped show that it is in fact possible. I’m glad this video could help you!
Hi! This video showed up in my feed. I’m so glad I watched it. You provide a very good explanation and the visual breakdown is great for visual learners like me! Great job.
Awesome, thank you! I’m glad you found this video helpful. I’m a visual person myself so I’m glad I was able to help you ☺️💕
This is my goal as well! I am convinced that I will achieve this! I’m blessed to have a job that pays well so I am able to automate 20% of my check into a high interest savings account. A budget planner and focus are also helping me. Good luck with your savings as well!
Thank you!! Having a plan is already setting yourself up for success! Having those automated savings is surely going to help by creating consistency and adding in extra from your HYSA. Good luck!
I love this breakdown. I felt overwhelmed with the figure when you started, but the breakdown made it absolutely doable with overtime and my side hustle. Thanks for sharing.
Hi Tonya! $10,000 can be scary, but as you can see very attainable for some. I’m glad you can incorporate this plan in your saving goal as well. Thank you so much for watching!
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New subscriber. Love the way you have broken down the achievable goals. 💕. I know where I can cut back and save for my 10k for next year. Thanks a million.
Thank you so much for joining. I just put my first paycheck amount aside and I’m excited. I’m happy this video helped you! Thanks for watching ❤️
Just found your channel this morning and subscribed and really enjoyed this video. My husband and I decided to set a goal for saving $20,000 for this year which will entail a lot of hard work.We have gotten into some bad spending habits and my husband and I are both on board with really cutting back and being intentional with our spending. We were always very frugal when we were raising our kids, but between our kids growing up and going out on their own and building their own families and my husband’s income going up over time we stopped being so frugal. He wants to retire in a few years and we’ve got to get a handle on our spending.Whether I can do this amount or not depends on a lot of things ,like you I have some side hustles. But we also have other things we have to take care of this year, which are fairly expensive with our home and cars and stuff. But I’m going to do my best to make it happen, and I find it really fun to see someone else with the same goals that I can follow along with . I am going to go back and watch some of your other videos , I really want to learn how to budget better and get back to the basics where we used to be 20 years ago. I am very happy to have found your channel, I feel I can learn a lot, and I really appreciate the time you take to make these videos!
I came across a budgeting video in 2019 I haven’t look back since ,it’s the best thing ever.
Watch more videos in a for motivation and you got this 🙏
20, 000 is doable by saving 385 weekly if possible.
Hi Stephanie! Thank you so much for joining me and following along on my journey. I love that you and your husband are working together to accomplish these goals! That’s so amazing! Its good you know where things went wrong so you know what can and doesn’t work for you guys. Try this plan with $20,000 and see if it’s realistic for you guys. Even if it’s not start small.. you mentioned have some more expensive responsibilities that needs attention this year, did you guys plan or put money for those?
Budgeting and being intentional with your money and spending is what’s really going to help you guys get back on track. Use 2023 to reset so you guys can have a good relationship with your money and hubby can retire early. You guys got this! ❤️
I love this video so much. Very insightful and relatable. Growing up I never believed I could obtain $10,000 at one time. This gives me hope. Thank you Budget Queen!
I used to think $10,000 was so far away myself but I learned to look at it as small goals versus one big one. You got this king! Thanks for watching and supporting my channel ☺️❤️
This video is fantastic!! 😊 saving is my goal this year !!
Right on time. And CONGRATULATIONS on the growth with the subscribers
Thank you so much! I’m grateful to help so many people get started or refocused on their budgeting/money journey. ❤️✨
Thank you for posting. This was so insightful and motivating. I plan to get out of debt ASAP and resume saving. We can do it, sis!
I’m so happy you enjoyed this video! I hope you are able to use something similar to get you out of debt. Best of luck to you too in 2023! ☺️❤️
I can’t say you help me completely but you surely open my mind and make me thinking about my money!!!
Although this video did not help you completely I’m happy to know it was able to help you at least some bit. Thank you so much for watching! ✨
Mercari and Poshmark is definitely a help I’ve been doing it for over three years now 😊thinking about starting back on eBay as well 😊 Me and my fiancé are setting this goal for this year and trying to set it higher if possible 😊 we are going for a simple outside wedding on my Family land where my Father and Mother was married as well 😊
I love how sentimental the wedding will be. ❤️ having big goals is only going to make you guys become more intentional. Wishing you guys the best!
Yes!! Love your breakdown and I know you'll succeed! Looking forward to following along. CONGRATS on 2k subscribers!
Thanks so much!! Can’t wait to see what 2023 has in store. It’s already at an exciting start! ☺️❤️
New here!!!!!! Only seconds into the video but seen the title and I plan to save 10k this year too!!
Hey Brittney! Thanks so much for supporting! Saving $10k is a great plan! Have you decided how you’re going to accomplish it?
I love how you broke the goal down and choose to side hustle part of the savings instead of forcing it all to come out of your paycheck. I’m definitely using this method.
I’m also saving for a house down payment!
It just makes more sense to me that way. With my current income I would have nothing leftover for food, fun, or other things if I did it that way. I have to be realistic!
I’m glad you will use this method too. You got this! Happy Savings! ❤️
Many thanks for being transparent and helping me! Best wishes.
My pleasure! I’m glad I’m able to help you with your goals as well. Best wishes to you on your journey ☺️✨
You got this! 10k is a great goal. ✨
Thank you! It was once a goal that seemed so far off now I feel like it’s truly something I can reach! I’m excited ☺️✨
How much is my paycheck:
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Wow I’m Sha’Tavia Never seen another woman with a name close to mine! Cool!
@@shayslife8102 there were 2 chetavia’s when I was in school. When we would wait for the bus I always thought they were calling my name😂😂
@@ohshebudgets oh wow! Lol 😂 people mess up my name so bad I just go by Shay for short. They say SHA QWAVIA. SHAN TAVIA SHAN TASIA….. they come with all kinds of letters that’s not even there! 😭😭😭
I'd love your paycheck. I live in an expensive country. I was earning a lot less than this as can't work full time, but lost my job due to the pandemic, we are living on partners even lower income. No income at all right now as self employed so no work over Christmas. Love what you are doing though, it will help those with steady incomes! We kept up while both of us worked. I planned and allocated ahead of time to various upcoming bills (sinking accounts) but it's impossible to do with no money coming in. Hoping 2023 will be better!
@@shayslife8102 can relate 1000% 😂🤦🏾♀️
Binge watching all of these videos in the playlist !!! So motivating ❤
Yay! Thank you!
Bravo! I thoroughly enjoy your content. My savings goal is 10K at least this year as well. Be encouraged that you are “in your lane” with your channel. Keep it up.
Thank you for this reminder! I hope you found this video helpful and can use this method to help you save your 10k this year as well. ❤️
Getting on board with you, kindly post effectively to keep us motivated thanks 🙏🏼
That's the plan! As of now I post every other day and just posted a new upload today. Thank you so much for following along my journey and I hope I can keep motivating you guys along the way. We’re all in this together! ❤️
This is my plan also! i just calculated it the other day. I’m glad we are on the same page 😂🎉
Yess, I Love it!! I’m excited to get my first paycheck of this year to start putting money aside towards it. ☺️
Congratulations Sis!!🎉 U have done awesome on your journey…I can’t wait to get back on board for the new year have been very inconsistent and just fell off tremendously, but I’m def ready for 2023
Thank you! Use 2023 as your year to reset! Set a plan and go for it! You got this!! ❤️
@@ohshebudgets Thank you and I most definitely will
This was a great video. Great motivation for me to get my hustle game up. 10;000 is definitely attainable.
I’m glad you found this helpful and can use it as motivation to reach your money goals! Thanks for watching ☺️✨
Thank for this amazing video. I love how you broke it down in small amounts to make saving $10K achievable. I am sharing this video with everyone.
You are so welcome! I’m glad you found it helpful. Small amounts seem much more attainable to me than seeing the big number. Thank you for sharing! I hope you can use this plan for any savings goals you have for this year as well ☺️❤️
I love this breakdown and I will use it to build up my emergency fund. I am going to crunch the numbers and see if I can make it work from my paychecks and I will have part time income from a seasonal job from April - June that I can put towards it as well. One of my savings goals for 2023 is to save for retirement and I will do the 25 envelope challenge to start and after I complete that I will do the nickel challenge.
What is the nickle challenge?
Hey Tamika! I would love to hear what your final number came out to be once you’ve reviewed your income to see what goal amount is good for you. ☺️
I am going to save $5000
@@tamikajones6970 I know you will accomplish it! 🌹
Thank you hun ❤️
If you save $27.40/day you will have $10,000 in one year. I feel like this amount isn't as daunting and doable.
Hi Shawna! $27.40 is for sure a lot less scary to think about. I’m paid biweekly so that’s how my brain figured it makes sense for me. For those who can do a daily transfer for this small amount can still reach this goal! Thanks so much for sharing another perspective ❤️
I’m going to start this to pay off my student loans… thank you for this information❤
You're so welcome! I’m glad you’re going to be able to use this method for your student loans as well. I’m glad you found this helpful☺️❤️
Awesome plan, all the best with your plan for 2023🎉🎉🎉
Thank you so much for the well wishes in 2023! Keeping my fingers crossed for much success to come. 🤞🏾☺️
Tip; When I save 1k, I buy a CD. You can buy them as little as 1 month. At least you can make some interest over the year while your saving. They now have fractional CDs if you don’t want to wait until you have that much. You could use the interest to subtract from what you need in the buckets
This year I used my CD from 2021 to pay off my credit cards and I’m glad I did! I think once I save up enough in my emergency fund will put part of that in a CD as well. Thanks so much for your suggestion! ☺️
Please can you elaborate more on the CDs? So do you get it for just a year?
@@emmyknowsbeauty810 they have different term lengths. Shorter or longer. The idea is to let the money sit and gain interest. It’s “locked “ until the term is up. You would have to check with your bank to see what the terms and fine print details are.
@@ohshebudgets thank you dear for your reply, I would get emails from my bank for 4.5% and read reviews that it wasn't worth it. But you recommend doing it?
@@emmyknowsbeauty810 absolutely if you’re just going to have the money sitting. It’s more than you can get from the banks. Those people are mostly telling you to invest, which is not completely wrong, but it can help to earn extra for some short term goals for sure. ☺️
I had to come back and say thank you bc I never looked at my paycheck as two mini payments in one. I always looked at it as a whole. I realize that I could save an extra $400 that way. I appreciate your video and time that you took to make it 😊
That’s awesome! I found that breaking down the big numbers into smaller goals or savings make it more achievable whereas we didn’t really think we could. $400 is amazing!! I’m glad I could help! ☺️❤️
Amazing, thank you for sharing.
I look forward to seeing how you get on.
Happy New year in advance.
Thank you! I think 2023 is going to be a great year. Better habits and intentions. I’m ready! Happy New Year! ✨
That's a great plan. Bringing in more money is something I need to do. Thanks for sharing!💜
You’re welcome! Break it up into small goals and it will add up. You got this! ❤️
I am on disability so very grateful to come across your channel
I am happy that my videos are able to help you ❤️
Thank you so much for the visuals! I am planning to save $4k -- I have a scar revision and Lasik surgery I am saving for. Looking at my finances, I can see where my money has been sucked into-- Amazon lmao So, I've decided to do a No Spend Challenge And I've been doing dog walking, I plan on making digital products, focus groups, and doggy daycare since I have a WFH job. I'm going to check out Adia, but I am super confident that I am going to reach my goal!
You already doing some great side hustles and at finding ways to generate extra income. I keep thinking of getting into digitals like creating an Etsy account.
I think Amazon is where a lot of people spend the most. 😂😂 I’m positive you will reach your goal. Good luck!
New subie!!! I love your content! I started a budgeting CZcams like 2 years ago but never stuck with it but I hope you keep it up!!! Great video
Thanks for subbing! ❤️
I am inspired by your creations and decided to make my own YT channel with the same topics. Thanks for sharing, Buddy!
That is awesome! Congratulations on getting started and best of luck on your journey❤️
This was pretty helpful and inspiring. Thank you for putting this together :)
You're so welcome! I’m glad it was helpful for you ❤️
I love this video because I don’t have any friends that will do this with me.. it’s so good to have someone to encourage you
Do it with me! I have constantly remind myself “financial goals” then I know the work is temporary and I can relax soon.
Yes I just started travel nursing again so it will be much easier to save. I’m with you let’s do this. I’ve gotten a second job to help me reach my goals🙌🏽
@@treasureworthfinding6090 that’s amazing! Keep me update ☺️❤️
I wanna save that too💜 I also wanna open a CZcams video eventually. ❤️ Amen to the breaking outta paycheck to paycheck cycle..I love the aesthetic of your video, including the writing with markers💓💕
Thank you! You can do it! 💜
Thank you for this video! Happy new year! You just got yourself a new subscriber.🎉
Hi Madison! Thank you for much for watching and joining me. I can’t wait to see you around ☺️💕
New subscriber here! Blessings to everyone for 2023.
Thank you for joining and following along my journey. I hope to see you in the next video upload ☺️✨
This is so helpful! Thank you!! We have big goals to achieve this year!
Yay! I’m glad you found this helpful! Hopefully you can use this plan on something similar to achieve those goals this year. ☺️✨
Nice video! Very informative and inspiring. Early on you said just 2k subs, now you're setting at over 4k. WOW! Congratulations!
Thanks so much! This video has brought me so many new followers on my financial journey and I’m grateful for that!
This administration is putting so many families into difficult situations A lot of people are financially struggling to live , keep a roof over their heads and put food on the table , Anyone who is not investing now is missing a tremendous opportunity imagine I invested $ 1000 with a lady you recommended some time ago and got profits of $ 4,380
You've changed my whole life, Thanks so much Mrs Karen Cosmann
Mrs Cosmann changed my life because of the high profits I got from investing with her.
@Tara Coldero You can communicate with her on telegam with the user name below
@Tara Coldero investwithcosmann💯
I'm with you on this sis!
Let’s do it! What’s your savings goal for 2023?
Thanks your Motivated me now to try this too 💪🏼😊
Yes, let’s do it! I’ll be posting my updates each month. You got this ❤️
Inspires me to save money where I can, though it probably won't be $10K, and I'm ok with that!
That’s great! We don’t want to set ourselves up for failure, so I’m happy you realize you can still do it even if it’s not $10k. Whatever your goal is you can use this strategy to achieve it! Best of luck ✨
I love the method you used to plan this out!
Thanks Sherry! It turned out to be a great plan and I’m looking forward to measuring my progress each month☺️❤️
I’m a teacher assistant in MS. I work part time at local Walmart. So yes I’m low income. Thanks.
Setting a goal that’s realistic and attainable for you is the best way to set yourself up for success! Best of luck ☺️❤️
Wishing you the best on your savings journey!! You got this!
Thank you so much! I’ll be documenting my progress along the way❤️
Wow! You had about 2k subs when you posted this and now over 4k 10 days later, so happy for you and your channel growing!
Thanks Taylor! So much can change from 1 day, and I’m my case, 1 video. I’m so grateful for the exposure and the growth. Thank for supporting me! ❤️
New Subscriber excitied to start saving this year keep the videos coming girl
Thanks for subbing! I post every other day and just posted a new video today as well. I hope to see you around more ☺️✨
Nice. I plan on saving the same amount this year! 🤞🏼👍🏼
Awesome! Do you have a plan similar to this one?
Hey!!! Here support you in your journey new subscriber ❤❤
Thanks! Videos like this are giving me motivation to save more carefully this year. :)
Happy to help! I’m glad this video was helpful to you and your money goals! Best of luck to you ✨
I started my journey this year on low income!! 💖✨🙏
Yayyyy! Congratulations on getting started! When/If you get discouraged remember why you even started! ☺️❤️
Congrats on having over 2k subscribers!!
Thank you for being part of my growth as well. I appreciate your support to my channel ☺️
It starts 3:13. Really good info 💓
Thank you so much for watching. I’m glad you enjoyed it and hope you felt it was helpful ❤️
Love your break down. Thank you
Hi Anjelica! Thank for watching. I’m glad you enjoyed watching this video☺️
New subbie! Love this method of saving! ❤️🥰
Thanks for joining me! I’m glad your found this video helpful ❤️❤️
Great plan!! I love this!
Thank you so much! I hope you found it helpful and can incorporate it in your savings or money plans as well. Thanks for watching ☺️✨
Great video. Just wanted to add another way of adding to your bucket 2 saving can be cash back from credit card reward points. Most credit cards offer cash back on purchases so if you use it regularly on everyday expenses rather than cash or debit you are earning rewards which you can redeem for cash. Just make sure to pay your bills off at the end of the month to avoid getting charged interest. Investing your money in a low risk safe investment will make your money work for you and grow your savings as well.
Does capital one have that? That’s the first credit card I’m using
I would love to be able to use my credit card as my debit card. I am still on the fence since I just got of debt and I want to make sure I have the discipline to keep it that way. 🤞🏾
Depending on your card @kimira, capital one does have a few cash back options. ☺️☺️
I am a new subscriber here. Thank you for creating this channel. Thank you for breaking down how you save. Unfortunately, I get paid monthly 😩…So I will need to find other streams of income somewhere.
Hi Misty! Thanks so much for subscribing. If $10,000 isn’t realistic for you find what is. I hope you found this video motivating and not discouraging. You’re doing great ❤️
I’m late to this video but I’m gonna start this asap!!
This plan is really effective and made it more realistic for me to achieve my goal in 8 months. I hope you found it helpful! 💜✨
Just subscribed ❤ Thank you for the information.
You’re welcome! Thank you for joining me on my journey and hope to see you in the next video ❤️
GREAT concept! Maybe stash the money in an interest bearing Emergency Fund? GO GIRL!!!
Thank you! I just did my first paycheck breakdown and put towards this goal! I’m excited ☺️❤️
Good video! Your subscribers will grow, for sure!
The subscribers are nice for sure. Knowing I’m able to help people while sharing my own personal thoughts and journey is the best part! I’m glad you enjoyed watching ❤️