BBP Real Life Budget | Budget Tips + Paycheck Budget + Large Family

[@janeybache3050]

Lots of people are suggesting that if rent is high, just move to a cheaper area. But so much more goes in to where we choose or need to live. Family, friends, support systems, school, work, emotional ties and a sense of belonging.

[@barbaracarbone4658]

Very Interesting. It'd be so nice if we could get an update from them to see how this is working for them. I wish them the best.

[@ekstn645]

If I were them, I would look for a cheaper place to rent even if it’s a two bedroom. When my parents were getting out of debt, we were a family of 6 and lived in a 2 bedroom. My parents slept in the living room. It only lasted for 2 years and then they were completely debt free and ending up buying a house 2 years after being out of debt.

[@ASMRunschooling]

Where I am at it's illegal for you to have more then two people to a bedroom if your renting

[@binabenz1]

@@ASMRunschooling same!

[@sandyseibelhager7131]

I'd get that $626 credit card paid off and that frees up $100. I know she is talking debt avalanche but I feel like the momentum here would really help. If she or her husband picked up a temporary part-time job it would really help. I worked at Pizza Hut part-time to pay off my credit cards. $1,000 a month really helps.

[@loe3175]

The fact that you called the notepad (notebook) your "handy dandy notepad" made me smile, having raised my kids on Blue's Clues. 😁💙🐾

[@kindredkori2916]

Exactly what I was thinking! Lol

[@KaysBudgetandPlans]

I totally get why the avalanche method is preferred by some people because you save more money long term. But with Alexa's finances so tight I think she would benefit by paying off CC2 first to give herself a short term advantage. It has a lower balance and interest rate so she could free up that $100 into her budget much faster. I did that with my car payment and it really freed up more money to pay into debt every month.

[@TJ-fi7cb]

I agree! I was thinking that.

[@jadiecakes3241]

I agree as well. Sometimes its more beneficial to free up smaller loans then switch to avalanche. Especially with super tight budgets. Some peoples are so tight that i wouldnt even do 100% snowball but would say they are better off only doing like 50% to start saving for an emergency fund.

[@MichelleLyn84]

Yeah, the interest rates aren’t drastically different enough for the avalanche method, I prefer it but mainly if you have one debt that has a significantly higher interest rate.

[@yessivale2642]

I agree! This is only $626. If she cancels all of her subscriptions for at least 4 months except for Disney plus (for kids entertainment), she can possibly pay it off in 5 months. That would later by month 6 she can start putting an extra $170 to her high-interest credit card.

[@cherylT321]

Yesi Vale. Subscriptions should be the first to go. Sometimes you have to go bare bones to pay off debt!

[@cindymae3656]

Me and my spouse worked different shifts, he worked days I worked midnights, so we didn’t have daycare. We both went without a lot of sleep but we always wanted one of us to be with the kids. On occasion my mother would come over and help me but she lived over an hour away. I always loved tucking some $$$ in her purse and the banter would start. This is an old story, now we are retired and help our daughter, one day a week, by hanging out with our grandson and granddaughter to offset our daughter and son-in-law’s daycare cost. Our surprise last year from our daughter and son-in-law was 12 days in Maui. What a wonderful gift!

[@ivonafiri9269]

I loved this video! I agree with attacking highest interest first but in this case I would attack cc2 first beacuse it is much smaller then cc1. It will give her momentum and free up extra 100 dollars for cc1

[@TJ-fi7cb]

I was just thinking that! Yes, i think it would free up $100 quicker.

[@ROMANS.12.2-USA]

Agree!

[@GodSaveTheClothes]

Yes! Totally agree! They can wipe out the two that are under 1,000 and that’ll free up 125 a month towards their abalanche.

[@cherylT321]

Hello Lollie. I think she needs us with our practical comments more than we need her!

[@amandaharris4823]

Please please please do more of these videos. So relatable and helpful to real life situations

[@patriciapification]

Car pymts are crazy ...ppl forget a car pymt includes gas and insurance not just the loan amount

[@cherylT321]

patriciapification. Yep, you don’t do car payments, you save up to pay cash for a car!

[@irisvargas2140]

Also car repairs that cost $$$$

[@ExerciseRiderMissE]

I spend $500 per month a month family of 4! This momma is doing such an amazing job! So proud of her! I don't know how she does it! (Note: I have two in diapers and I include household items, laundry soap, toilet paper, light bulbs exc) lumping all this together helps me personally. Not saying this is the way to go, I just need simple lol. Again this momma rocks!

[@MinglewithMiMi]

I'm a single mom and my rent is about 75 to 80% of my income. As a suggestion when Alexa gets things situated and assuming she gets income taxes back, I would put about 3 to 4 months of rent up while still budgeting. That's what I do. I'm always ahead about 5 months of rent because that is the priority for any family in my opinion.

[@vanessaroque4476]

Great suggestion 👌

[@michaelswami]

You have way too much withheld and are loaning the government your money interest free.

[@cm7884]

Your Super Wise!

[@cherylT321]

MiMi Gravley. Good idea!

[@leahmcdermott4189]

75-80% of your income? 😳😳. Oh no baby, you are house poor ☹️

[@Jaaked]

Also think out of the box for 2nd income, it doesnt always have to be a job where you "clock in". There are so many work from home jobs now due to covid. Also babysitting, cleaning services, yardwork, yard sales, car washing/detailing, tutoring, selling craftwork, selling baskets of any kind, resume building. The possibilities are endless & would help a ton

[@ts1358]

Their rent and car payments are 48% of their income. That is almost 50% not including their other debts...situations like this truly concern me...something is going to have to give...I am truly concerned especially with 4 little ones...

[@sandyseibelhager7131]

I agree. The car payments and credit card payments are killing them. They probably can't get the insurance down either because if they are making payments the lender requires full coverage.

[@cherylT321]

Sandy Seibel Hager. I would have thought as someone on a budget, she would know to save up to buy a car with cash rather than doing payments which adds on more interest!

[@vanessaturzi3281]

Can you do follow up videos to see how they’ve gone implementing your budgets!

[@keyonajordan1651]

I was a single mom with 7 kids this couple can do it if I may suggest they use the tax return to purchase something affordable to drive i know that is not an immediate solution but thats what kept me afloat for years

[@Sara-eg9uk]

They need to go listen to Dave Ramsey about those cars. Miko is better on the actual budgeting, but Dave shakes you out of those car payments!

[@loe3175]

I totally agree. Owning a car outright is the only way to go in my view.

[@ekstn645]

Yeah, I would sell the Chevy and get something way more affordable.

[@tnmingle]

I don’t know how they do $400 for groceries! It’s great if they do but wow for 6 people.

[@lydiah7184]

I’m wondering that too! We have a hard time staying under our $750/month food budget!

[@Sew_Country]

Same here ! That amazing!!

[@April-zh2vm]

Same here.. No way 400 a month is doable with consumables!

[@tnmingle]

We do a $400 per month but with only 4 people. I take out $200 every 2 weeks and do meal planning and shop at aldi most of the time but it’s tight. For 6 people I just think it would be really tight and they would never be able to go out to eat. I use the money from anything I sell on FB market place to go in our fun envelope and use it for going out to eat or fun activities 😊

[@sanctified1ne902]

There is no way $400 is enough money for groceries for a family of 6.

[@derekandlindsey-millionair9562]

Budgeting is all about the mindset of looking at the numbers. What you really need to do is stop looking at it personally, and really just focus on the numbers. It can feel personal, but really, it's just your life's business. Mega Corporations have budgets, so should everyone else ;)

[@thebudgetmom]

I do agree it has a lot to do with mindset. But I will never recommend to NOT make it personal. It IS so much more than just the numbers.

[@lnel5829]

Miko, why would you not recommend selling the cars and getting two cash cars or a lot less expensive cars? Only until they pay off their debt.

[@TMcocoa]

not realistic to expect the avg person to do that though. and the interest for the cars isn't bad at all.

[@rawryomecakes]

@@TMcocoa 6% is high, and I don't think they can realistically afford those payments

[@ROMANS.12.2-USA]

I wonder if they can refinance it and lower their payments

[@amyschaub5725]

She actually did recommend that

[@TMcocoa]

rawryomecakes 6% is not very high.

[@kathryna8796]

What about a cheaper temporary housing until debt and cars paid off? Then start saving to purchase a home. I'm in South Texas and rent is not cheap but an apartment would be cheaper.

[@michellegonzalez6798]

Thank you for these types of videos! I LOVE LOVE LOVE them! It makes me feel so motivated to keep working on my debt free journey! I'm so close to finishing off with my debt!

[@LisaMarieBudgets]

If the couple took all of the advice (got down to one car, one of them pick up a second job and cut more expenses) they would be in good shape until they could reduce the debt. I was a single mom with young kids and little to spend on Christmas. I would have Christmas at my parents house we combined all the gifts and put them all from Santa. It’s tough not being able to give your kids the Christmas you want. 💜

[@Authenticallyapril_]

I don’t think that is realistic for the average person. It sounds like they are both working. One car wouldn’t get them to different jobs. They would probably start spending more on day care as well.

[@LisaMarieBudgets]

I guess it depends on where they live. One car could be realistic if they have bus/train/carpooling as an option (in my area I have all of these options that would get me to work without the need for a car). It would be less than the $400+ car payment/gas/insurance they pay for one of the vehicles. A part time job for one spouse could be nights or weekends which wouldn’t contribute to additional daycare costs. They may even have family or close friends that could help watch the kids for a time long enough to get them out of the red.

[@amandadepriest1801]

I love Saturday’s because it means new BudgetMom Videos!!:)

[@alejandrahigareda9346]

Yes! I look forward to this after a looonnnnggg grueling work week. Thank you Miko!!!!

[@jamieb7]

The Budget Mom is a true GOD SEND!!!!!!!🥰💜🥰💜🥰💜🥰

[@andrealewis1700]

I love ❤️ that she do different family budget types. It’s a really eye opener of other people’s budgets.

[@gibythankam92]

Real life budget 😊 I love these video. Miko, when I see you take the time work through a person's real budget and suggest area of improve and help them get better at their bugeting game.. I feel more motivated to do my budget right.

[@teresaconner2397]

I don't know if many have heard of Root insurance but I love it. Where I was paying over $150 a month with another company, I now pay $87 a month with the same exact coverage. I also switched from sprint(phone) and AT&T for internet and cable to spectrum for phone, internet, and streaming(I got 10 premium channels included) cutting out cable and saved over $200 a month. Unfortunately, after my divorce I had to make another drastic change and I am not recommending this for everyone but in my scenario it was best for me. I voluntarily turned my car in that was $500 a month in payment(2018). I saved what I had originally spent on the payment and got an older car(2005) at half the amount a month and it is almost paid off. Yes, my credit score declined some but I am building it up month by month. It's not for everyone but in my case it was what was best for me and my son and it gets me from point A to point B. I hope this helps some, remember these are changes are building for a better future.

[@Budgetforsuccess]

I literally just mentioned to Verizon I have an account that I’m paying $70 a month for a line not in use and he took the phone and placed on the $15 a month line I paid off one device and got the other changed to the second line. Eventually I will pay off the second phone and get rid of that line because I only have one phone BUT just getting that done took my entire bill from $235 to $164 so I am super happy and can’t wait to pay down the rest to get my bill where it should be. Just wanted to share that talking to them can make a drastic difference.

[@renb.7073]

Yay!! Been waiting for this! Thanks Miko!

[@mishie416ify]

Depending on there phone contract, switch to prepaid. I only pay 40.00 a month, no problems. A big difference in what they pay. I don’t know your shopping situation, coupons is a big help and using Rakuten or Ibotta.

[@heatherabner]

My husband and I use Mint mobile! $15 a month!!

[@chelseawhaling1205]

We use Total Wireless because it is a MVNO using Verizon's network (Tmobile has terrible reception here) - total bill including taxes for 2 phone lines and shared 30GB data is $64 per month. If Tmobile was better here, I'd do mint mobile because it's even cheaper.

[@heatherallen4964]

I don’t think anyone needs to get a second job yet...especially when raising young kids. Sell those cars and be reasonable about what you actually need! A “family” car doesn’t need to be brand new!

[@CoahKaye]

Definitely a good reccomendation! A hard thing to do but if needed a good way to reduce costs. I think the hardest thing for people is that selling the cars often doesn't cover the loan amounts and that scares people off. It does also depend on the loan too - if it's a secured loan then you can't sell the car without paying off the loan (well in Australia anyway)

[@abigailadams7819]

@@CoahKaye I don't fully understand they whole "sell your car" recommendation, I think about it all the time, my car is one of my biggest debts. How ever, with my credit, I don't qualify for something better. and to add to it, If I sell my car, how am I going to get to work?

[@acarol82]

@@abigailadams7819 Depending on the distance, safety, weather, number of people .... your personal needs - needs, not wants - you could walk, use a bike, scooter or a cheaper car bought in cash. The idea is to sell a car, pay the loan in full and use the rest of the sell money to buy an older working car. This only works if the value of the car is more than you owe for it

[@EWCIAGROBEL]

While this “sell the cars” can work for a lot of people based on the amount of money left on the loans and the type of cars they have they will most likely sell them and break even on the loan, leaving them without extra money to purchase two new vehicles. based on where they live (Texas) and the fact that they both work they need two cars. Rather I would like to see the interest rate ( I assume it’s high based on the payments ) and maybe refinancing them with a different company and dropping the interest rate that can save anywhere from $100-300 a month for the two cars

[@brittanyedwards8366]

Yes! Love real life budgets 🥰🥰🥰🥰

[@SUNSNROSES]

she's honestly such an inspiration! love you budget mom!

[@rendahill7214]

Thank you for all you do to educate us! By watching these types of videos I was able to be more flexible with my sinking funds, therefore reducing my stress every month. You are great!!!

[@mythical1374]

Do you have to email Miko to ask her for help with the budgeting plan? I am drowning in debt and can't seem to get a handle on it. I need a Miko fairy to help me.

[@helen4997]

I am interested in your theory, Kumiko, but, if you sell the car a dealership only gives you a blue book value and they always try to give you less. let's say you undersell $5000.00 don't you still have to pay that back to the loan company. And let's say you buy a 2nd hand car isn't that a risk you will have to really keep up with a mechanic constantly in the shop? How can you buy even a used car when you don't have the down payment they require? IDK but too many unknowns to me. If anything another job for her & significant other a few nights per week could help, and maybe for her babysitting along with her kids, or taking another child to school? part-time pizza delivery near home. Food for you and tips? Being a paraprofessional at the kid's school? Helping a teacher in a class or the office? Keep it up as long as you knock off the credit cards, and get an emergency fund/? I wish them the best. Even though they are doing the best they can now.

[@nellie3176]

Not know this family or their situation, I would say they need to consider selling both cars and getting a small commuter and a minivan. Both can be had for under $5k. Also, pay off credit card 2 to get $100 a month back in the budget. I'd also say look at reducing the rent. Over $1600 is a ton of rent for that income. Get some bunk beds and hunker down. Because unless you add $500 a month to that budget, you are not going to get anywhere anytime soon without making drastic changes.

[@binabenz1]

Imagine doing this if you are self employed.. and you get paid randomly. And some months u get a fraction of that 😞how do you do a budget then🤷🏻‍♀️

[@SUNSNROSES]

i would cut out netflix too, call my car insurance to see if they can lower it and phone too I swear Miko is top notch i was writing this as she was beginning saying it.

[@Beautifulelsie]

I would try to lower the electric bill also, maybe using candles at night instead of the light and making it fun for the kids, story time or something

[@anniephillips2647]

I agree we watch dvds for the kids all the time, you don’t need tv. Outside and books are good options too for mental health. Coming from a family of 6....

[@cherylT321]

Gloria Contreras. Candles aren’t a good idea around small children!

[@shantedewise7345]

You cant cut out all tv when you have kids!

[@vlwbug1986]

Normal I wouldn’t say this, but have they considered using some of their Emergency Fund to pay off the low balance debt to increase their monthly cash flow.

[@ROMANS.12.2-USA]

Would be interesting to know how much they have in savings first. If it’s more than $1000, I would say to pay off lowest CC and use that $100 to start paying off other debt. But if it’s less than $1000, I wouldn’t touch the savings with 4 little ones and such a tight budget

[@vanessaroque4476]

I think she said they had $1,000 EF but agreed, I knock out the smaller CC to free up $100

[@yojs17_]

This was great! It is a good start for the reader to see where their money is actually going. It's a great eye opener that they need to both decrease their expenses AND increase income in order to make a dent in savings for emergency AND paying off debt. Increasing their emergency fund should probably be the biggest priority because their budget is very tight and if anything goes wrong they will have to use debt. Instead of using more time to make more money they both need to find better paying jobs permanently and not just temporarily.

[@natashas8934]

They should look at refinancing the cars! I got my interest rate and monthly payment down this way, without adding additional time on the loan.

[@luv2cook5]

Refinancing also makes the payments longer..the whole idea is not to have a car payment.

[@kaycure8629]

They need to get rid of those cars!

[@chiknlittle]

Depending on their phone company, they will pay for Disney + or Spotify. AT&T covers my Spotify, I previously had T-Mobile and they covered my Netflix. Just a thought 🤷🏻‍♀️

[@_itslesley_4727]

Agreed! Verizon covers Disney + and Apple Music

[@MorganLindsay96]

How do I submit my budget??? I have an extremely tight budget and can’t figure it out. Thankfully it’s just me but I’m struggling

[@bh7546]

I want to submit mine too

[@AnaHernandez-ee2uq]

Hi Miko! I would like to know how I can submit my budget. I am a single mom, head of household, only 1 income. I love what you do and how it’s helping soo many people thank you!

[@thebudgetmom]

You can submit budget information to [e-mail]

[@luv2cook5]

Hi miko i got my BBP workbook the other day I'm very excited and nervous ..I'm going to begin writing in it starting in jan 2021..I'm going to practice in a notebook first..i really appreciate you and ryens hard work on getting them shipped out on time..I'm very excited to begin saving..thank you miko so much 💕 from California

[@kristimarie4655]

The Honda holds its value. I think they could trade in and get a little car maybe 6,000 -8,000 or less and maybe make money back or break even. The Chevy might be harder but again can trade in for a used car and hopefully break even because of depreciation of the value of the car vs loan.

[@lisaburmood5540]

Sharing a car is always possible! Four kids or twenty. Walk or take husband or wife to work, get rides home from co workers, etc. And why do the kids need 50 a month? And fun money? No.

[@Pointschaser1]

I love these every day budgets from other people. Wish you’d do them more not just once a month.

[@CoahKaye]

Only thing that I'd change is paying off the smaller credit card first and then swapping the highest interest rate - just because the balance owing is so low, as getting rid of it would likely be a boost to keep you going.

[@kyleleesherman1201]

The budget mom is incredible. I wish I could hire her to mentor me!!

[@Virginiasmile]

Such a great review The Budget Mom. Alexa can also look into lowering the internet bill if possible. Doesn't hurt to shop it. You can do it Alexa and Family. It's worth the sacrifices for your goals.

[@nicolettecarpenter9863]

Hubby needs to be working a second job since wife makes more

[@nancyval325]

I thought so too. But hubby probably pays the health insurance for the family, or contributes to retirement. After I added all those through my employer, my paycheck became much smaller.

[@loveandjoy810]

This family doesn’t make enough money to support a family of 6. I would recommend getting a second job if they want to keep the car.

[@jessicarossiter846]

More money definitely needs to be coming in or they should get rid of a car.

[@melissataulbee2048]

I totally get the sacrifice. We had to use our sinking funds to live on while my husband was unemployed for 4 months. Christmas this year will be very limited for kids and grandkids.

[@shantedewise7345]

But the blessing is you had those sinking funds, bc you could of had nothing! Count your blessings even when Its hard😊

[@maiko2022000]

Uber eats are good for 2nd job. Easy to get 300 dollars per week

[@amyfletcher4749]

Yeah ...this is a mess that needs fixed.

[@mdbarton1979]

Where do you live that you can feed a family of 6 on 400/month? And that gas bill is super cheap for 2 cars. We spend $1400/month on groceries for a family of 6, and probably over 600/month to fuel 2 cars. We live on the east coast of Canada.

[@audeliarodriguez191]

Props for making 400 work for groceries im a family of six as well and im 650 another option is shop around for refinancing if approved the gap in payment could help you with your xmas goal that way you dont need to use credit cards

[@tammmygraves4317]

That is what I just did, I refinanced my home cutting interest rate down and paid off my 2 credit cards! So now I will be saving over $200 per month!!!

[@valerieguerrero8208]

I love these videos so much. They are eye opening on how to make almost any situation/budget work.

[@rfamily2112]

I would sell the cars

[@galato4234]

Thank you for this video. Don't you do a Monthly budget every month? Thank you.

[@conniemunroe3600]

Miko, why would you not recommend looking into a less expensive place to live. That’s a lot of money for rent!

[@foreverheiren]

That's not a lot of money at all in a lot of places, actually. Especially for a place with enough room for a family of 6.

[@JessicaAnnePlans]

Unfortunately, if they live in an area like mine, $1600 is a very average price for a one-bedroom. I really hope they at least have more space than that for that price in their area.

[@michelledorion7636]

I was thinking that too. For a 5000 dollar income 1600 rent is a lot.

[@vlwbug1986]

With 4 children they probably don’t have a lot of options.

[@melmelmel1997]

I actually thought that was pretty cheap considering they have 6 people in the house, I'm guessing they have a 3 or 4 bedroom so that price is very reasonable in my area at least

[@madles47]

This is how I budget! I like that breakdown 'paycheck bill tracker' a lot... We have been debt free for a while now, we used the snowball. I need to get more pro-active again about saving. This is inspiring me!! Great channel!

[@MrsMillion]

I completely agree with her maybe selling a car or down grading

[@adorabell4253]

A year late but with they have lower interest Alexa should see if she can do a balance transfer and combine both credit cards thereby reducing her interest payments. Banks often also have promos where interest is waived for some months when you do a balance transfer so she could pay off a larger chunk of the principal and lower the interest even more. Or look into a line of credit. The interest rates on those are often in the single digits. More payment will go into the principal.

[@turisteandoentexas]

Great work my friend ❤️ I definitely changed a lot of things to be able to meet my goal and thanks to that, now I don't worry much about low employment rates because we did the change just in time!

[@juliecc3036]

I also suggest calling the internet provider and see if there's any thing they can do to help as well. With Christmas coming up go through toys and clothes from the kiddos that aren't needed anymore ( outgrown from the youngest) and start selling them, put that towards Xmas gifts.

[@svetlanikolova2108]

Just by using homemade cleaners and going natural for a couple of years will free up some money. Carpooling is another idea. I will get rid of the TV and use my computer WiFi for movies. One car got to go. Only the worker in the family has to have one if he works 50 miles or more. For the life of me, I don't know why you need 2 cars when the food and shelter with kids is a priority. Beauty? Forget it for awhile unless she is modeling, she don't need anything but foundation and an eyeliner. People need to get realistic here. You can't eat beauty, cars gas or tvs. If she has a house, a garden should be established for organic food. These kids need better food. We lived on 3k in the US for 2 people. Have not had a car since 1992. Mom and I took the bus and ate food from aldi. She paid off 2 mortgages in 23 years in the US. Sacrifices for the kids is a given or stop having them. Sacrifices????

[@romycoronado7639]

How would we go about submitting our information for help with our budget from you?? I need help 😫

[@briannelton9153]

$400/month for groceries isnt possible for a family that size

[@ReeceCaruso]

Great suggestions! This is such an important topic to be discussing, I really enjoyed the video!

[@juneortiz1104]

While I agree with the avalanche method I wonder if initially paying off the smallest debt to free that monthly amount to make her budget less tight and then beginning the avalanche method.

[@tarazapp267]

I'm so glad you said trade in the cars or sell one! That was huge!

[@okaylagee7633]

How can we submit our real life budget?

[@yvonnejohnson2109]

I do the same thing for our rent. I have a second checking account that I put the money for rent in and then pay rent right from that account.

[@JustFrugalMe]

Great video! Thank you for all the wonderful tips. I love how you elaborate and don’t just list the suggestions. This really helped your advice to sink in.

[@empty_bliss1877]

Wow those car payments are so high. I can see why there's a part of the population that strictly buys used cars with cash.

[@kathygagnon1950]

What do toi think about online Side job ? I see a lot a publicity on KZbin about this subject is it a real thing ??

[@sarahebbert9666]

Are these forms available on your website??

[@Birdmom1823]

Love your videos 💜💙💜💙💜💙💜💙

[@debbieescobar2203]

I love these Real Life Budgets Videos 💕👍🏻

[@BrittneyLlee]

Yess.. needed this.

[@jenndpbudgets]

Do you recommend paying of a 23000 car payment with a 4% interest or a credit card with a 2400 balance with a 24% interest

[@luv2cook5]

Hi miko i hope you can answer this..i pay 1,000 for rent and i make 2,200 a month i get paid twice a month..would you recommend that i put 500 away for each check and budget the rest ?

[@faithlabeaud6782]

You are so right about needing to have a "why".

[@Purpleharts]

The cars is one thing but that rent price is crazy. I would try to jump that if possible. Moved to a two bed divided the children in the rooms. I would sleep in the living rooms. Pay off cc2 and cc1 then the cars. Christmas would be $50-80 a child they are small.They should share big ticket items. (Doll house or video games)

[@tammmygraves4317]

When I was single I used a similar method for putting back money to pay bills. I called it THE IMAGINARY DEDUCTION!!sounds funny but I would put back anywhere from $150 to $300 per paycheck so when next paycheck shows up I would add back to my checking account!!! Now that I am married, it's super hard to do that. Getting TBM workbook this week, look at my finances and getting a better understanding of what I can do to get a grip on my money !!!

[@mmci1130]

If Alexa is paid biweekly, her monthly income is $3,250, and her husband's monthly income is $1,994 for a total of $5,244. Given that they have a tight budget, that difference (between $5,244 and the $4,994 shown in the video) is significant.

[@Valerio9170]

The wife only makes 1500 biweekly which 3000 a month.

[@emilydavidson6208]

Valerio9170 if you times her income by 26 and divide it by 12 it equals $3,250 .

[@8rittanym]

She talks about their rent being $1600 and it killing them. Ours is $2050 a month plus all utilities. $1600 would be a dream 😅

[@michelleseminara7320]

Hi. I’m interested in purchasing the budget planner for 2022. I would like to get this for myself for Christmas this year. A gift to myself. How may I do this? Is it ok if you reach out to me directly to make this happen?

[@phunt1769]

Amazon i would keep because of shipping and get rid of Netflix. Try verizon month by month low data for $30. A month. A side job on the weekend and you pick the hour is food delivery..grubhub

[@shelly8387]

Are her utilities included in her rent?

[@sugarmontoya1860]

I get excited when you post new videos. 💝💝💝🥳🥳🥳🥳🥳🥳 This is the only channel I have been watching religiously. You have helped me get through so much!

[@staceyhenry1640]

How can we submit our own? Right now I feel I’m doing well. But I have a new baby due in June, I already have a 6 year old and he already has an 8 year old. I don’t know exactly what all will change, but my home is big enough for them to move in. I don’t plan to combine our finances all together, but I know he does need help. I know he has some student loans, at least 1 collections on a car from his ex, and he really needs to get out of his toxic living situation.

[@richindajames6799]

I’m a family of 4 but my husband only works while I stay home with our kids they are still small but his monthly income for our rent takes 36% each month? We live in a 2BR & 2Bath. I hope our rent percentage is good.

[@deb5496]

As a recent new subscriber ,I have been binging on all your videos,. Today you were 149 thousand , then later today you turned 150 , congrats so much. Your videos are great to watch, thank you.💐

[@randaray24]

It's easy to see why they are "overspending". She absolutely needs a higher grocery budget as a family of 6. Their income will serve them so much better when they get rid of some debt. Temporary side hustle to the rescue!!

[@arthrodea]

Can the husband and/or she find a second part time job? Have a few hundred dollars more a month would significantly help their situation. My personal experience was that taking a second part time job was the only way I could start making BIG progress on getting my debts paid off. It was/is absolutely exhausting at times, but so worth it because it allowed me to finally get ahead.