MY PAYDAY ROUTINE | HOW I BUDGET MY BI-WEEKLY PAYCHECK | BUDGETING FOR BEGINNERS
Vložit
- čas přidán 19. 08. 2023
- MY PAYDAY ROUTINE | HOW I BUDGET MY BI-WEEKLY PAYCHECK | BUDGETING FOR BEGINNERS
✨BUDGET TREASURES PRODUCTS✨
▶️ GET THE NO SPEND WORKBOOK ⤵️
stan.store/Budgettreasures/p/...
▶️ Get the CZcams Essentials Masterclass ⤵️
budgettreasures.gumroad.com/l...
▶️ Get the Financial Refresh Ebook ⤵️
budgettreasures.gumroad.com/l/financialrefresh
✨AFFILIATE LINKS✨
FETCH REWARDS - SCAN YOUR RECEIPTS FOR GIFT CARDS TO HUNDREDS OF RETAILERS
USE MY CODE "B9WBH9" TO GET BONUS POINTS - fetchrewards.onelink.me/vvv3/...
CZcams MUSIC
Epidemic Sound ▶️ share.epidemicsound.com/dfumsq
✨BUDGETING TOOLS I USE✨
▶️ The Budget By Paycheck Workbook by The Budget Mom
✨CONNECT/COLLABORATE WITH ME✨
- Instagram: / budget_trea. .
- Business Email: budgetreasures@gmail.com
HEY HEY BESTIES!!🎉 I am back with another video and I am giving step by step detail of how I am budgeting this paycheck. This may be helpful to some. I hope that you enjoy! Talk to you in the comments 🤗
Glad you got on that meat trick, bestie! Literally one of the best things I’ve learned from my parents was to buy meat in bundles because the protein is usually the most expensive part of the meal. Divide your meat bundle, wrap them in butcher paper, label and store them in the freezer and you just have to plan your dinner around the meat you pull to thaw. And generally sides and produce are cheaper. I didn’t think about it, but maybe a “Meat Bundle” sinking fund would be a cool idea?
Yesss!! As long as I have meat, I can eat rice or veggies. I am okay with that. It is only me right now so it will last me for a good while. That sounds like a good sinking fund...
I like the idea of a “Meat Bundle” sinking fund.
A good one.... Frozen hamburger patties. You can do turkey burgers too. They help make those nights of not wanting to cook, or the days you forget to pull something out easy. Another is smoked sausage. (Beef or turkey). You can add rice cauliflower and peppers. A lot of these items are frozen, or you can throw into the freezer, and then you can thaw out within a couple hours or minutes, and some thaw in the microwave (steamed rice cauliflower or steamed veggies).
We use the pay yourself first method. First is giving, savings, investing, fixed expenses and spend the rest (variable expenses) I enjoyed your video 😊😊
I also do the put in my emergency fund plan first then pay bills & whatever else this way I will always have something saved 1k emergency fund isn’t going to go far nowadays need to have at least 3 to 6 months of savings at all times
100%..rather live on the 90% blessed then 100 cursed...
Ohhhhh yes!!
The latter part 😁👌😉
We're holding you accountable. The best of friends are those that not only encourage you, but also hold you accountable. They are being real with you
You have been killing it lately. The size of your buffer is phenomenal! Keep going.
Thank you! Step by step! 🤗
LOVED THIS! You explained it so well I totally get it, I love your encouragement too 😭💖
Someone comments on one of mt video said our channels were similar so i had to check it out lol. I learned alot from the budget mom too. Congratulations on your progress 🎉
You should call it a just in case envelope. Or a aww shit envelope lol😂
I like that
Whew since watching you and a few others I have literally cut my spending in half. I really don’t know what I used to spend my money on before since I wasn’t tracking it 😅 I like the idea of splitting spending and bills between two separate accounts. I’ll be adding that next. Thank you!
Yesss!!! and congratulations!!🎉
I absolutely love your videos. Thank you so much for all the information…
Thank you!!
Bestie you’re in these streets blowing up. 🎉🎉🎉 wow, the way your channel has grown. 🎉🎉🎉 keep it up. Congratulations !!
You’re definitely an inspiration for my budget goals! 😂❤💵
Awee! 🙏🏽 You’re so sweet.
Good idea on the overflow spending account for your variable expenses. I might have to put that into my budget as well. Great video. I have a cruise in September but I plan on going hard in the paint on saving and cutting back starting in October.
Yasss!! The overflow account will be the answer prayerfully. I hope that you enjoy your cruise! 🤗
Love love it as always!!
💜💜💜
Another awesome video🎉🎉🎉 I usually calculate my budget a couple times before I actually get paid. My buffer is under $100 but for now that works for me cause I’m still breaking out of my “shopping addiction “ so I have to be careful with extra money laying around or I’ll spend it😂 I stock up on my meats in the fall to prepare for winter and then I don’t have to go to the market every week. My pantry is stocked as well so this way I only have to get dairy products and fresh fruit and veggies. Great video❤
Thank you so much!! I have that same shopping addiction! It is a beast to break but we can do it. I think I will keep the buffer less than $100
What I find to help with trying to do no spending. A method of cleaning, reorganizing or decluttering. It helps keep you busy. Also, it keeps you focused on what you are doing with saving money. Also, time with the Lord, reading the bible and meditating. Not everyone does that though.
Or go for a walk or be outside. Nature is very therapeutic. Even with just sitting outside and rearranging your furniture pieces and plants. Etc.
One can also do mediation, breathing in oxygen, from outside.
New subscriber here. Thank you so much for what you do. I just broke into tech and I definitely want to get really good at budgeting my higher income.
Something to consider is that if you’re paid every two weeks then you’re actually getting a check 26 times a year not twice a month which would be 24 times a year.
You can also use the frozen burger meat (beef or turkey) cook it but mash up so it's ground, and add it to a salad or make a homemade beef recipe. My favorite is the one where the chef took hamburger helper to the next level with beef broth and diced tomatoes. I use that recipe with a little bit of tweaking... Do a deluxe GF Mac and cheese and diced tomatoes with basil and garlic (and oregano). Through in some garlic bread, as an option addition. Hmmmm sooo good.
Ever since I've been on my own for about 8 years now. I always budget my money a few days before I get paid every two weeks.this method is the best way to keep track and save
You can also do a stuff pepper with riced cauliflower and mostly veggies... Incase you forgot to pull out meat. A veggie meal or salad or sandwiches. All in your preference
The more you do it... The more you will be able to come up with meals out of thin air. And be delicious and nutritious
Here watching and enjoying your video tonight.
My family gave me their crackpot but I haven't used it yet 😅 but I have an air fryer. Sometimes a good chicken roast can be made in that. Just marinade in advance over night. Also one pot cooking is a must. I do a lot of mixed veggie and chicken curry. Walk away the rice cooker and its done 😊 but don't worry we human...I fall of the wagon and buy a takeaway here and there lmao
Edit the word "crockpot"😊 I feel the same way about my one pot meals! To me, it saves me time and money. Also, it's an easy way for me to get all my food groups in and know that I did it in a healthy way. I think it's best for me to potion it out through the week and even freeze it. I don't like to cook a lot, so this let's me cook once and not think about it again as well as make sure no food is wasted!
I'm trying to get back on track with budget, I cook 5 nights a week and my husband and I split the take away costs twice a week. I'm paying down debt and playing catch up in 2024. Listening from Australia 🦘
Great video!!🥰
I love that show too❤ great budget breakdown!
Thank you!
Your videos always help me❤❤
❤❤❤
the expense account buffer is a great idea. It will help to keep a buffer for your bills which is definitely needed. I have an extra checking account and I think that I will make it an expense buffer account just to have. Thank you!
Awesome!!
Another great video
👐 jaz hands! Have a blessed week. I wanna hear what you cook in that crock pot 😊
Thank you!!
Hey I work out of 3 checking accounts also! Mortgage, bills and spending! Along with 2 savings accounts - sinking funds and emergency fund
I loooveee your push to budget for spending buffer vs bill buffer
Thank you!! How is your no spend challenge going? We have 8 days left!
@@BudgetTreasures oh yes! It’s going amazing! No spend this week 🙌🏾🙌🏾. I’m loving it. I appreciate you for sharing it with us 🫶🏾
Call it spending , personal, or allowance. You need that to carry on so that you don't give up. Some people also have a treat myself envelope, You would place the money left over from the variable envelope at the end of the month in it. You would be surprised how it add up. Some people use the treat yourself envelope to get their nails and hair done without feeling guilty....
Yes you are right. I have a Reward envelope...I will start contributing to this envelope soon. I used to feel guilty about upkeep of my hair and nails but I had to realize that, that was based on other peoples thoughts and feelings. I feel good when I look good and my mental health is just as important as my financial health so I no longer care about peoples thoughts about self care because most times, they are spending money on things that they care about...just may not be hair and nails. 🤗
@BudgetTreasures you are right. They do make you feel guilty. Another CZcams fell so guilty that she stop putting the cost of her child braids in the budget. People do not understand that the upkeep of our hair is expensive. I hope that you share and help others to realize that it is ok to get your hair done sometime.
I do the same thing. I can see my paycheck on Wednesday, so when I get home from work, I start putting my budget together Wednesday evening and then look over it again on Thursday to try to see if I need to tweak anything before it hits my account on Friday.
That’s the best way‼️
@@BudgetTreasures know what’s so crazy. I was just telling myself last week that I need to open a separate account just for my spending that way I can compartmentalize my money even further. That’s just how my brain works. I don’t like when everything is long together. I also want to open a separate account where it’s not even connected at all to my billing account. A whole separate bank.
@@lionessrising It helps me a lot! You should definitely do it.
Great budget breakdown 😊
Thank you!!
Great video.
Great video!!
Thank you!
Ohh and if you can, when you can, get bullion powder. Healthy ones are available. They are expensive but it's way much cheaper than doing broths. It may be like $5-7 for a healthy version, but it exceeds the cost of broths ($10 on average) and storage space.
It's a $10 average of savings with comparing both different types of products based off servings/cups worth
Great video
Some call their spending money as "other" or "miscellaneous" you can always do it last too. After bills. I include savings as bills.
Instant pot too!!!! You could do the insignia brand
16:58 Hello! Thank you for your video:) how do you organize your sinking funds within your bank accounts? Do you only keep track of this on paper?
If you forget presents... The BEST is cash. If her parents have a savings account. Give them the cash and tell them you are wanting to contribute to her savings as a gift instead of something materialistic. I do it with all of my family members. If they don't know what to give. I tell them to do cash for my children (two boys) savings account. I just keep adding to it with birthday and Christmas gifts of money. And I leave it up to them.
Great pen
I get the "spending" account... For gifts and holiday etc.
I pre-plan my paycheck as well. I get a statement at work on Thursday the day before payday, the money hits the account on payday Friday. This allows me the opportunity to order my grocery/household pick ups and get my denominations ready for the teller. This allows me to make a loop on my lunch hour and grab what I can leaving the grocery pick up for after work. Love the efficient routine and it has helped me stay on budget. Thanks for sharing your process. You never know what will trigger a more efficient process for someone by watching others.
You are right! Thank you for sharing! I have started to try using my lunch break to visit the bank because it is helpful to make it to the bank as quickly as possible. I have not done the grocery pickup. I think I may try that one time and see if it is more efficient. Is there a fee for that?
@@BudgetTreasures Not at my local grocer or Target which are my two go to stores. My daughter has had problems with Walmart p-up and I've heard that they still hold your money when items are not in stock so you have to wait for that 'refund'. Love your grocery vlogs though!
@@noelledayhoff4752 Okay Good to know!
Aldi uses the Instacart interface so they don’t “charge” per se, but each item is slightly higher when you order online vs getting your own groceries from the store. I still found it worth it to order when I couldn’t drive due to surgery and it kept my husband out of the store and picking whatever he wanted!
I’m a new subscriber yay! your video is inspiring and I’m trying to become better at saving and staying on top. I have a question where did you find the cute paper clip and what budget book you recommend?
Thank you so much for subscribing! There’s so many. 😂 I can tell you the one I use. I use The Budget Moms Budget by Paycheck Budget Workbook, The Papers Budget book by Jessica Ann and Payday Budget Book by @sewkraftysanaa. And the Elevated Life Co Budget Book….I know it’s so many 😩 but anyone of them is good.
And the cute paper clip where can I find it?
Girl I need exactly the workbook you have. Could you just make another planner exactly like that and I pay you for it lol I can’t do the printable worksheets
I see your buffer and it is a great one. But it gave me the chills. When you mentioned that is not even the real amount. That is dangerous, when it comes to you are creating habits. I’m not saying don’t spend. But be careful. Those can be the ones who get you in trouble and out of the path of healthy budgeting. When you have un-budgeted money it’s money that probably will disappear. And 1k is not change. Just an advice. Another thing is. Why not making that buffer smaller and complete your EF goal instead or a month in advance goal? 😅. Love your content.
Hmmmmm. Good for thought. Thank you
We're growing and glowing ✨✨✨✨✨
Been watching Dave Ramsey videos and I would recommend cutting down on your subscription and put way more into your savings (rule of thumb( is 20% of your income/year). Good luck and well done on your progress to date.
YOU REALLY BE TEACHING ME SOME THINGS. I HAVE MULTIPLE ACCOUNTS. AND I ALWAYS WONDER WHAT I SHOULD DO WITH THEM NOW I KNOW.
Awesome!!! That is whatsup!!
Is that a budgeting book? I am looking for budgeting sheets or book if possible. Any recommendations?
Great video 🎉🎉🎉😊
Thank you
Awesome 🎉 new subscriber!
Thank you so much for being here and subscribing! ❤️
Can you do a walk through of your budget book?
Thanks
You’re welcome ☺️
Where did you get your book
How do you determine the amount you take out for variables?
Absolutely love your content!
Awee. Thank you!!
Where can I find those stickers?!
P.S. Love what you're doing...
Hey bestie! Come through bill account buffer 😁 I have a bill account with Capital One and spending account with my credit union. I will transition to using my credit card for spending and all of the bills I can pay with a credit card so I can build up the cash back rewards to use for vacation next year since my credit union stopped their rewards points program in July. I budget my paychecks the month before since they are always the same and make adjustments if needed the week of payday. Great video ❤
I need to move my car maintenance envelope out of my weekly spending because i haven't been able to save because its in my weekly spending binder
Can you put the play list in order?
I messed up so bad this past week. I have so much on my plate that I don’t know if I’m coming or going. 🤦🏻♀️
Ohhh noooo.. Well the good thing is...you have another day to attempt to crush it
This is the first time I watched your video. I really enjoyed it. I have been budgeting since I’ve been 16. Do you mind sharing how much debt you have and what your goal is to be debt-free?
Awesome!! I will be uploading a dedicated video soon...Stay tuned
I actually remembered I have a 4th account I could use as a spending account!!!!!
🙌🏽🙌🏽
❤❤ it.
❤️❤️ Thank you 🤗
I’m stressing I’ve never made paychecks like this and idk where to start!
0:18 I can not 😭😂
Thank you for your feedback! 🤗
yes Star was so gone and they should bring it back!
so good
Hey Girl!!! Nice video! New Subbie here❤
Thank you for subscribing!!! 💜💜
I don't have a crock pot either.
If not a crock pot, invest in a instant pot
That’s a good option also!
@@BudgetTreasures I love your videos. I’ve been budgeting for like a year, but I have to start over again.😭. But I’m setting myself up for the challenge for January
Has anyone had any success with calling the credit card company to lower interest rate?
I have not actually asked before but I will and I will letcha know
That is so 😂funny! Just have a sandwich instead of eating out....
I should huh
Trying to start with your video. Your nails are so distracting to me
Guuuurl I know you bought lots of meat! u gotta feed yourself!
Guuurl,, you tried way too hard with them nails! Did I watch a budget vid or a nails vid???? Confused!
🩶🤍🤎💜💚