If the trash bill was recently added to your property taxes, check with your mortgage company to see if this is going to create an escrow shortage. Request an escrow analysis to verify this. The mortgage may not know about this increase from the trash bill.
Remember that you normally get 2 checks a month which would be 24 pay periods. By getting paid biweekly, you end up having 26 pay periods and the “additional” 2 pay periods will be the one month ahead. Usually 2 months a year, you’ll have 3 pay checks. If you’re not behind in bills, you’ll notice the one month ahead after that second 3 paycheck month. Hopefully that makes sense.
Hi 👋🏾 advice i would give is please have some kind of emergency fund in place before or accumulating while paying for debt because if you end up having an emergency while paying off debt itll set you back quite a bit. Just my experience and 2cents. Love your channel sister
Thank you! This is great advice! I do have and "emergency fund" in the event that something wacky happens. I also have my savings challenges if I need to use them...Your advice is well taken 💜
Haven’t you been putting your expenses (grocery, household, gas & toiletries) in your spending account? However, leaving it in your bill account may be the way to go so you don’t think you have extra to spend. That’s how my mind would work. Also, I think you may have only counted 2 weeks on household and toiletries. Congratulations, you’re doing great! You have come so far in the last year or so, from having not enough each paycheck to saving as much as you have. 🎉
I get paid fortnightly and was so excited to get a third paycheck at the beginning of last month only for me to get sick in the middle of the month having to take time off of work resulting in my last paycheck being onnly half of what it would normally have been, so I am not only not ahead but I have had to be tight with this fortnight's regular spending etc. All the more reason to get a head in case stuff like that come up again.
Jazmine, thanks so much for your videos. They are really helping me! Especially when I fall off and have to crawl back to where I was. It helps knowing that there are besties in the trenches with me! I've been around since the homework series and I just realized I've been trying to tackle too much too soon. I like looking at it as one savings tracker at a time and I love how you said it might take a while, but we will get there! Keep up the good work and congrats on reaching those goals:)
The jury is still out sis. HaHa the last time my magic month came up and I thought I was gonna be feeling this third paycheck. I bumped my own head so hard I was so sad when I realized that was the paycheck that was going to pay the next months bills Lmaooooooo 😂😂😂 I can't wait for you to figure it out for us, girl. ❤
Hello, once you have enough to pay for one month use that to pay next month's expenses. Then all the checks you get for that month will pay for the next bills. Ex. If you saved enough to pay August (September) bills go ahead and use those funds to pay all of August (September)bills. Then August/ September to pay for September/October. I have a low(low) income and my third check this month is free. FYI - I have all my bills on autopay.
@@desireedwdent5 Okay. I am going to try that....Since I am 1 month ahead in my bills and expenses I am going to try this out...When I am paid next, I should be able to pay all of the bills for the rest of the month plus the 1st week or so of September.
I just love it over here! you just don’t know how much you are helping me with my goals ❤ i do everything you do and am seeing all the progress thank you😘
You really out here helping a lot of us, thank you. My next step is to open a bills account so i can put my money up. Do you think doing an ira account is beneficial?
You should feel at least something from the third check but I feel that you have to budget the current month and the following month. For example for me the only thing that comes out of the third check is my variable expenses (gas/groceries/eat out). However, paying September bills come close to the due date😂Mortgage is paid later than I normally would but it’s not late because the first check in September is later.
Being 1 month ahead is like having a buffer in your checking account so you don't have to worry about when this month's paychecks are hitting your account. You can spend your normal expenses at any point in the month. For example, if your first paycheck of the month isn't until the 12th, if you had no buffer you wouldn't be able to spend anything those first 2 weeks. This month's paychecks will be used for next month's expenses. Some people have a buffer that is less than 1 full month, but still allows them that freedom. I don't think people usually do more than 1 month "ahead". Emergency funds are typically kept in a HYSA and cover at least 3-6 months. You don't touch this money unless you need it. The 1 month ahead/buffer can also of course be used in a true emergency.
Thank you for this video! I’m still slightly uncertain about my 3rd paycheck this month… I’m pretty much 1/2 a month ahead but that actually makes me more confused. I budget an early month check and a later month check. My early check for August paid the bills due in mid-late August… and the later check pays early Sept bill (like mortgage). Anyway. I’m crunching the numbers and will get one month ahead eventually! 🦊💰🫶🏼
If the trash bill was recently added to your property taxes, check with your mortgage company to see if this is going to create an escrow shortage. Request an escrow analysis to verify this. The mortgage may not know about this increase from the trash bill.
Ahhh..Good note! I will check with them because they love to send me a bill saying that I did not have enough money in escrow 😞
Remember that you normally get 2 checks a month which would be 24 pay periods. By getting paid biweekly, you end up having 26 pay periods and the “additional” 2 pay periods will be the one month ahead. Usually 2 months a year, you’ll have 3 pay checks. If you’re not behind in bills, you’ll notice the one month ahead after that second 3 paycheck month. Hopefully that makes sense.
Hey besties happy Sunday
Happy Sunday!!!
My free check minus various expenses is going to debt and savings challenges, and I'm so excited!
I appreciate you striving to get one month ahead!!! Inspiring to me...😊
💜💜💜
Hi 👋🏾 advice i would give is please have some kind of emergency fund in place before or accumulating while paying for debt because if you end up having an emergency while paying off debt itll set you back quite a bit. Just my experience and 2cents. Love your channel sister
Thank you! This is great advice! I do have and "emergency fund" in the event that something wacky happens. I also have my savings challenges if I need to use them...Your advice is well taken 💜
@@BudgetTreasures awesome!! 🙌🏾
Hey Bestie. I just got my 1 Month ahead tracker. Thank you. I hope to get a Bonus at work which I do hope to get one Month Ahead like you too.
Me too. My bonus is coming next week. Hubby and I will almost be debt free. Can’t wait for 2025 to actually enjoy our money 😌
@@sg5720 Amazing!!! Congratulations!!
August is the month! Let's make it happen
Haven’t you been putting your expenses (grocery, household, gas & toiletries) in your spending account? However, leaving it in your bill account may be the way to go so you don’t think you have extra to spend. That’s how my mind would work. Also, I think you may have only counted 2 weeks on household and toiletries. Congratulations, you’re doing great! You have come so far in the last year or so, from having not enough each paycheck to saving as much as you have. 🎉
I get paid fortnightly and was so excited to get a third paycheck at the beginning of last month only for me to get sick in the middle of the month having to take time off of work resulting in my last paycheck being onnly half of what it would normally have been, so I am not only not ahead but I have had to be tight with this fortnight's regular spending etc. All the more reason to get a head in case stuff like that come up again.
This is a great point!
It feel so good when we are ahead it take me few months but thanks for your advice and great ideas ❤❤
Thank you 💜🩷
Jazmine, thanks so much for your videos. They are really helping me! Especially when I fall off and have to crawl back to where I was. It helps knowing that there are besties in the trenches with me! I've been around since the homework series and I just realized I've been trying to tackle too much too soon. I like looking at it as one savings tracker at a time and I love how you said it might take a while, but we will get there! Keep up the good work and congrats on reaching those goals:)
The jury is still out sis. HaHa the last time my magic month came up and I thought I was gonna be feeling this third paycheck. I bumped my own head so hard I was so sad when I realized that was the paycheck that was going to pay the next months bills Lmaooooooo 😂😂😂 I can't wait for you to figure it out for us, girl. ❤
Seeee! That is what is going to happen to me...My last check will be paying for the 1st 2 weeks of Septembers bills.
Hello, once you have enough to pay for one month use that to pay next month's expenses. Then all the checks you get for that month will pay for the next bills. Ex. If you saved enough to pay August (September) bills go ahead and use those funds to pay all of August (September)bills. Then August/ September to pay for September/October. I have a low(low) income and my third check this month is free. FYI - I have all my bills on autopay.
Ok you just said the same thing 😂
@@desireedwdent5 Okay. I am going to try that....Since I am 1 month ahead in my bills and expenses I am going to try this out...When I am paid next, I should be able to pay all of the bills for the rest of the month plus the 1st week or so of September.
@@desireedwdent5 😂 I am going to figure this thing out!
I get motivated every you post!! I’m currently on a no spend month!! I will be following this one too. Thanks so much ❤️
Awee! Thank you!! This encourages me to continue to post and upload. Good luck on your No Spend...The temptation has been tough for me this time....
Awesome videos! Thank you
You did it AWESOME!!!! Proud of you 🥰
I'd think the end of the following month from a 3 paycheck month is when I'd feel it (my quarterly & annual stuff is due anyway).
We will see!
Bossing your money like a pro! You have the pivot power!🤩✌🏾
I just love it over here! you just don’t know how much you are helping me with my goals ❤ i do everything you do and am seeing all the progress thank you😘
Yes!!!! I love to hear this! We are all winning!! Thank you for sharing! 🫶🏾
Great video love it ❤️
Congratulations I’m so proud of you. 👏👏such inspiration!!!!❤️
Thank you Bestie!
Look at you doing it!!🎉 Great job friend and Im cheering for you always!!💞
Thank you friend 🥰 I appreciate you!!
Great job 👏 keep going
Thank you!!
Hi new wow this is amazing I been looking for a video like this ❤
I am so glad that you found it! I hope that it was helpful 🫶🏾
@@BudgetTreasures so helpful!!!! 💜💜
😀 job well done. Great ideas.
Congratulations! Great video
You really out here helping a lot of us, thank you. My next step is to open a bills account so i can put my money up. Do you think doing an ira account is beneficial?
Happy Sunday friend 🧡 😊😊
Happy Sunday 💜
@@BudgetTreasures 😊😊♥️
Congratulations 🎉🎉🎉
Thank you!!
You should feel at least something from the third check but I feel that you have to budget the current month and the following month. For example for me the only thing that comes out of the third check is my variable expenses (gas/groceries/eat out). However, paying September bills come close to the due date😂Mortgage is paid later than I normally would but it’s not late because the first check in September is later.
Ahhh gotcha...I do have bills on autopay in the beginning of the month that will come out from the 3rd paycheck so we shall see...
Amen sista!!! ❤
Amen!!
Great video
Thank you!!
So what does it mean to be 3-6 months ahead? The idea that I had about “one month ahead” was basically an emergency fund 😩
Being 1 month ahead is like having a buffer in your checking account so you don't have to worry about when this month's paychecks are hitting your account. You can spend your normal expenses at any point in the month. For example, if your first paycheck of the month isn't until the 12th, if you had no buffer you wouldn't be able to spend anything those first 2 weeks.
This month's paychecks will be used for next month's expenses. Some people have a buffer that is less than 1 full month, but still allows them that freedom. I don't think people usually do more than 1 month "ahead".
Emergency funds are typically kept in a HYSA and cover at least 3-6 months. You don't touch this money unless you need it. The 1 month ahead/buffer can also of course be used in a true emergency.
@@chelsea3177 okay this makes sense, thank you 🙏🏽❤️
Why you stressing. Can't we build a life and be together.
Thank you for this video! I’m still slightly uncertain about my 3rd paycheck this month… I’m pretty much 1/2 a month ahead but that actually makes me more confused. I budget an early month check and a later month check. My early check for August paid the bills due in mid-late August… and the later check pays early Sept bill (like mortgage).
Anyway. I’m crunching the numbers and will get one month ahead eventually! 🦊💰🫶🏼