Beginner Friendly Budgeting Guide: Simple Money Management (Step-by-Step)

On this episode of The Table with Anthony ONeal, today we are taking control of our finances with this effective budgeting strategy. In this video, AO guides you step-by-step on how to create a zero-based budget, a powerful tool for financial success. Discover how to allocate every dollar of your income intentionally, ensuring that no money goes to waste. From tracking expenses to prioritizing savings and investments, we provide practical tips and techniques to help you achieve your financial goals.
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Hey, fam! I’m Anthony and I’m here to help you discover your authentic self and achieve spiritual, financial, and mental freedom. I know what it’s like to be in debt and homeless - I’ve been there. But with the grace of God, I was able to turn my life around and I’m now helping others to do the same.
Join me on my KZbin channel and let’s start this journey together. I’ll share my experiences, tips, and tools to help you achieve success and become debt-free. Plus, you can follow me on Instagram @AnthonyONeal and visit anthonyoneal.com for more resources and help.
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[@AchilleJones]

*I have worked closely for 15 years and have accumulated over $2M. Currently, I am in search of ideas on how to grow this money and pass it down to my kids and future generations. I could really use some experience and ideas. Thank you!*

[@AchilleJones]

Thanks for the advice. I am willing to try this approach. However, I know nothing about Donald Nathan Scott. How can I reach out to him and read more about him?

[@AndreLucas8]

You are at the right place, my friend! Although KZbin has been of great help, I feel most people understand better with a mentor guiding them. Most successful people seek help from professionals, thus their success. But many claim to have achieved success themselves!

[@AdrienWalker16]

I can't believe it! This is the second time I've come across Donald Nathan Scott. Last year, I saw him mentioned on KZbin and Facebook.

[@AdrienWalker16]

I wasn't sure if he would accept me back then.

[@AdrienWalker16]

I'm so excited! I have $1000 ready to invest and change my financial situation. It feels like destiny reading about him again!

[@LOLZHAHANOTFUNNY]

Following the fantastic housing cost talk you gave Anthony: My husband and I make 105k together, and our house payment is $840 a month all in. It's a very modest home, but it's comfy for us and our baby. And when we have a second child, we will have enough room in our budget for me to quit my job and stay home with the kids. It's not supposed to be about having a house to flex, our home is a cozy place that keeps us safe and is our haven. Modesty and self confidence is a superpower as far as I'm concerned

[@KitKat10281]

Sounds like you have the right mindset! 😊

[@teemadarif8243]

whoaaa you said a super fact !

[@wendyomanga]

I have no excuse. May God bless me with knowledge on how to manage my finances. 🙏🙏

[@anthonyjenkins8755]

Anthony, I enjoy all of your videos and you are giving great advice to everyone who watches and supports your channel. Its hard for most to understand and swallow the bitter pill of having to tell yourself not to waste money on b.s. and save it instead. So many want to live a life of keeping up with the Jonses which will cost you in the short and long term. I wanted to share a story which will be long to read, but I hope your viewers can walk away with something from my experience. But first, I wanted to add one of the things my wife and I do is whenever our expenses are below our budget, ex: the electric bill will run $200-$300 a month during the warmer months and say one month the electric bill is only $150. We budgeted for $300 which means we have a extra $150 extra. Instead of using that extra money to play with and have fun, we look at it as it is already spent and add it to our savings account instead. If people learn to do this with all of their monthly expenses they will build up a nice savings that way. Now to my personal experience I wanted to share. Over a decade ago we had a college age daughter in school and was living out on her own using her student loans to support herself which we helped to pay for. My wife and I were enjoying our lives going out and doing things like playing in billiards pool and bowling leagues and eating out whenever we wanted to. Our daughter had a few credit cards she maxed out and it reached a point she could no longer live out on her own and had to move back home with us so we could help to get her back on her feet again. We took on paying many of our daughter's bills she had, which meant my wife and I could no longer do the things we had been doing in order to help our daughter. My wife who manages the money anf pays all our bills came to me and explained that we could no longer go out and do any of the things we had been doing before our daughter moved back home. This meant we had to quit our hobbies and etc and eat at home every day. We didn't go out to eat anymore or spend any money having fun. I admit it got hard to do and became depressing at times, but we got through it to help our daughter. It was another way of teaching our daughter to not rack up a bunch of debt when you don't have the money to spend freely as you wish. This lasted for about a year before our daughter was able to move back out on her own. Not long after our daughter moved out and no longer needed our financial help my wife came to me and asked if I wanted to go out to eat for dinner. I was taken back by her suggestion still in the mindset of we have no extra money to spend. This is when my wife told me that we do have the extra money to spend since we were no longer helping our daughter. But, I was pleasantly surprised when my wife shared something else with me, which is, we had a large amount of money in our savings account too. I thought all of our savings had been spent to help our daughter. I was so happy to hear the news from my wife as she explained to me had we continued living our life as we had before our daughter moved back home that I would be right in my assumption our savings account would be empty. However, because we sacrificed our luxuries and stuck to our basic neccesities for that year it helped us to protect what we had in savings from the start and we were able to add to it during that entire year our daughter was loving at home with us. I know its hard to sacrifice many of the luxuries and enjoyments in life to reach a financial goal. However, I assure you it is well worth it in the end if you can discipline yourself and say no. That year of sacrifice helped us all the way into today. Anthony, I wish you all the great blessings God can give to you and your viewers. God bless!

[@joeyAPB]

22 years old just starting a new career making 55k a year and i mean 3rd week in and this man is preaching in everyway i need to hear i can have complete freedom and more In a year or a little over i know it

[@junepearl979]

The first 4 minutes PREACHING! I needed to hear this❤

[@laquittacouch5005]

I needed this ❤ and I’m not ashamed. I think I’m more ashamed that I ended up here AGAIN!

[@mijoy1431]

Amen….me too

[@susanakaan810]

Great: each time I listen to this show I learn something new and am encouraged to get my finances in the right direction, so grateful, thank you

[@knowledgegirl661]

Anthony's content don't miss! Forever fan of this channel

[@AmberCaprie]

Awe I love this idea!!! I use Every Dollar and I was EXPOSED 😂. Especially the feature that pulls your bank account info and had me assign every expense that came through

[@HoneyK001]

So many things were omitted, insurances life, house car, healthcare too, plus dog maintenance too. All of this was an eye opening experience thanks to

[@JWNS08]

I started using a budget about 9 years ago when I moved out on my own. I’m so satisfied I did. I budget every penny from my paycheck and other resources. I like the flexibility of it because I can adjust whenever I need to.

[@yolandaingram7378]

Housing - For parents, we have to choose our neighborhoods based on the school district or pay for private school tuition.

[@mih-entertainment]

Unfortunately if you don’t have the income support it your kids have to go where what’s free and affordable to them until the parents improve their finances to put them in a better environment.

[@chisomodaka4724]

Never get tired to learn more from you man God bless you

[@shanicejones8788]

You know you preaching ‼️‼️👏🏾👏🏾👏🏾👏🏾🙌🏾🙌🏾🙌🏾🙌🏾Received‼️

[@AlysiaThomas-qk9ss]

You better preach !!!!!

[@dicksontaiwo8934]

Thank you, AO. Being a student this is super easy for me to apply. I hope this helps get my finances better. You good

[@kellypreston9366]

A lot of this is dependent on location....the concept is great but the reality is inflation is high and prices are up...I'm Blessed that I'm not living paycheck to paycheck and I review my budget monthly but for others this is not their reality.

[@atmslotsjfreezevlogs5877]

I’m trying to be very strategic with my money Now! Thanks for the advice it’s very motivating

[@mijoy1431]

New to the channel and I know God has given you a vision. Bless you. The Lord has brought me to your channel

[@jcbaarton]

I utilize the Walmart pick up app. I have two small kids, so shopping online for groceries helps keep me in line but also me not having them ask for everything. When I buy in bulk I’m at Costco.

[@KitKat10281]

I need to stop bringing my husband to the grocery store. I always WAY overspend when he comes because I have a hard time telling him "no" about extras!

[@Juk3boxjohnny]

When I recently got serious about my budget I saw how much money was going to food!

[@KitKat10281]

Yes! Me too! I'm so shocked at how much money we spend on groceries! We quit eating out almost entirely and groceries are so expensive!

[@memyselfirenejones9397]

Motivation Monday, Great video to start off the week with. Everything you mentioned was on point for me 🔥 letting me know, I’m on the right path for Financial Freedom 💃🏾

[@davefox3913]

information and strategy application is key. The KZbin space helped and destroyed many. I have racked up in profits $290,405 from $85k capital in august last year to be exact on my portfolio, after i watched a news interview on where Lidia Joann Morris featured during an IPO and spoke proficiently, caught only her name and did a search later online.

[@Everpurple512]

This is definitely convicting. Been saying I’m going to take budgeting seriously for the last few years and have yet to stick to it.

[@spirituallyevolving7032]

Truly Enjoyed This😩😳🤩

[@Inoudidntask4my2cent]

I like the idea of helping ppl with a makeover. Sharing it would be very helpful. Also if you can show grocery receipts. To teach us how to eat healthy for less like you.

[@teemadarif8243]

need this in our lives

[@tinamoreland9294]

I use xfinity mobile. My new galaxy 23 plus service is 75.00 month. I don't miss Verizon at all!!!

[@beanie34]

This is SO informative.....thank you AO!

[@anthonyoneal]

you're welcome! Thanks for watching.

[@Bgal31052]

I thought I was doing my budget wrong. You are a good teacher. Thanks for the clarification.

[@lilpetec6803]

Ooh budgeting is so important. You can make your money go farther and be more efficient. Most think of the word budget is a "dirty" word.

[@ItsLeyaMarie]

A one bedroom right now is renting at least $1,100. Not feasible for someone with kids - I wish the housing market was different - but a good school district is more important to me. Overall I love this video though and the entire concept! Thanks for the knowledge!

[@multimillionaire8763]

Wow!! That's a bargain compared to here in NJ where a 1 BR is about $1500 the cheapest smh that's not in a good neighborhood

[@Kunyazaforever]

Don’t know what part of jersey you’re from but it’s more like $2000 for a studio and $2200 minimum for a 1 bedroom. And they want you to make 3 times what the rent is.

[@ItsLeyaMarie]

@@multimillionaire8763 I’m in Ohio so stuff is a little less here! But I grew up in New York so I definitely know where you’re coming from!

[@staceywilliams7144]

I help out my family a lot but I do not tithe. Is helping my family the samething, should I be doing both? Or should I tithe first and help out with what I can? I’ve been struggling with this one for a few years now. And honestly I always put helping my family first.

[@tayannamerritt8086]

Definitely tithe first. God is the one that supplies the money for you to help your family so it’s only right to give honor where honor is due. He has the ability to dry up your finances where you won’t be able to help another soul a day in your life and we don’t want that!!!!!

[@ayishaablake4397]

Great episode enjoyed the content and very informative.

[@daniellejones8460]

Anthony this hit home and FUNNY!Thank you.

[@barbarafallin2038]

Car insurance, house insurance, life insurance, gas and electric, water bill,food, car payment,gasoline, warranties on house ,cable ,phone bill and 500.00 in savings, and on a fixed income

[@ottomcannick7698]

Thank you for this video, my brother in Christ. Im embarassed i never thought about money this way.

[@NuAfrochic]

Preach Brother O!!!

[@lifeaspage5811]

I tried to sign up for the free master class, and I’m not getting through. Good show today 👍🏽

[@mriggans3805]

Help! I'm sending this to my husband,we truly need your guidance

[@AmberCaprie]

You forgot some people pay monthly for car insurance

[@Nikkivanherrin]

Anthony, what about people that’s self employed? So, I write down my income goals for the month but pay myself weekly or bi-weekly depending on my income. Do you have a method for 100% commission earners?

[@sharonboston7649]

Thank you for sharing this awesome strategy

[@YvetteMayfield]

Planning several meals out of a trip is good. I will plan 3-4 meals out of one family size package of ground beef. Out of that, we will have sphagetti, meatloaf, tacos and maybe soppy joes. The meals change ofcoarse.

[@bridgetmccubbin7142]

Welcome Walt❤

[@tamikob33]

Question the 25% does that include the insurance/taxes on my mortgage?

[@jollysue6726]

I use Tiffany “the budgetnista” Aliche excel spreadsheet. Anthony can you have her on your show?

[@shirleybennett5607]

Meal planning has saved me money on my grocery bill

[@ronkeobaro1647]

Thx a lot Anthony🙏

[@janiceharris4645]

Thank you

[@strongFoundationConstruction]

Amazing information!! Thanks!!

[@HanaitheLocQueen]

I’m humbling myself and I’d like to be on the show for the money makeover. I know I need help with my finances.

[@BrazenTSheree]

Wait we forgot gas!! That hits me for at least $400 a month in CA in a Toyota Camry 😮

[@natashac01]

Excellent content. I am redoing my budget in November. I will definitely use some of the information you provided

[@grindmodepaul6145]

Awesome show fam! This is a hot topic fr.

[@jonathanreynolds93]

Great contient. Subscribed! Glad to see a fellow Christian explain stewardship in money!

[@F3AR0FGOD]

Needed this, sir. Sheesh!

[@truleehisartistry]

Thanks for this one. Much needed!

[@mriggans3805]

True meal statement, but Anthony $180 a week for a family of four (not a month)

[@Imjinks64.]

First time here. That was fantastic. Thank you

[@Thecryptomasterclass]

Amazing content great Brotha 🙏🏾💯

[@staceywilliams7144]

Single mom of two boys 10 and 7. My food budget is about 700 a month 😢. This includes outside food and grocery shopping. I’m trying to lower it.

[@alexistheesiren]

I got rid of my Uber eats app and that saved me like $400/mo but that doesn’t stop our grocery bill from being $1200/mo 😭 having a family these days is so hard.

[@urthamckenzie4176]

Wow

[@OneFaithFilledLady]

Yes! Single mom of 11 and 9 and I was just looking at my groceries yesterday 😩..

[@origblkwoman]

Nah I live I'm Los Angeles California. I spent $80 at the grocery store and I bought fruit, salmon rice veggies ND that lasted me 3 days. So miss me with that $180 a month for groceries

[@carlosarreolajr2863]

Amazing video so helpful !!!

[@kashiseverything2259]

I needed to hear this…

[@goingtobe2003]

😬 I just might sign up. 🤔 Looking at bank statements 😅 nevermind. I do hope that those who come on are uplifted and we as viewers grow from their stories.

[@beanie34]

Welcome Walt!

[@user-mc5nm8gk1d]

Suggestion cell phone service --Mint Mobile.

[@annerosewilson6710]

You gotta have a grocery list and stick to it. T-Mobile but depends on your location. Pay 100 for 4 lines.

[@uliseswthelight]

Love this 100% but just no way w the 180 a month for groceries 😂😂

[@wendyproctor2724]

I took your advice; concerning choosing a bank. I chose So Fi. I didn’t see where, to apply your name.

[@prometheus200]

What’s good Walt 👏👏👏

[@soy.ingrid]

Keep in mind: when you budget -> You're working towards your goals, You're making progress, and Future you WILL thank you!! :D I made a smilier budgeting video.

[@alexistheesiren]

So, for places where rent is that low, at least here in FL, they won’t let anyone who makes “good money” live in those apartments/homes. At least back when I was a renter, we tried to live in an apartment that was low rent and they rejected our application because we made too much money to live there. It’s not always so simple 😕

[@artdesignsbyashley]

Same for texas my husband and I currently looking it's been a pain places are asking that you make the minimum amount to live there and even nicer places say the same thing plus added unnecessary fees

[@monikadoyle-realtor9559]

What about trying to find a place on FB marketplace or somewhere like that where it isn’t run by a property manager. As a homeowner with an in law suit it never would have occurred for me to deny you based on your pay. A bet a lot of other people also don’t look at that

[@alexistheesiren]

@@monikadoyle-realtor9559 I’m a homeowner now, thank goodness! But back then I don’t think FB marketplace was a thing. Our best renting experience definitely was renting from an actual condo owner and not the big corporations. It’s much more personal 👍🏽

[@raerae8801]

In charlotte their charging 1400 for 500 sqft studio

[@larissayon-bell5656]

Welcome

[@bethanymcgehee3291]

TMO for one line $72 includes Netflix, Apple+, 50GB mobile Hotspot. All bells and whistles.

[@12JAYMo]

Follow today you will be my favorite..

[@nikkiwilliams8691]

Question if your mortgage started out at about 25% or less of income but due property tax and insurance increases the payment increased. How do you account for that expense?

[@bb9470]

Can you do a zoom seminar for a sorority event?

[@MicheyB1165]

Great info, but budget app not available in some countries.

[@unconventionalforager6389]

Before you do the 25%, should the taxes to fed, state be considered? If so, the income is not a true consideration

[@fearlessambition2039]

Just curious, and I love your content by the way, but why would you give more money away than you put into your savings every month?

[@jackiehoward6440]

Awesome 💯

[@gregorybrown7540]

What I'd your income carries carries

[@colastyles]

How is that grocery budget so low?! I definitely have to fix mine.

[@lindamoore8850]

I budget $200 a month. I have $22 left.

[@colastyles]

​@@lindamoore8850I'm spending at least $400/month, just for me. Wow. I'll definitely try to reel this in. Thanks.

[@Movemins]

180 is too low. Chicken breast and fish is easy50 -60 and that’s healthy eating unless you eating like a bird.

[@Kunyazaforever]

He said he buys in bulk. And he prepares his meals. The problem is many people don’t prep their meals and use delivery as a convenience. And when they do go shopping at the store. They buy a bunch of frozen appetizers and snacks and meaningless things instead of actually buying to create meals. Get a bjs Costco card and buy plenty of things in bulk and get your meat fresh locally for a months worth. Cook what you need for each week but keep it frozen whatever portions you’re not using. No reason for people to have these astronomical food bills if they follow this mindset.

[@preciousperry4033]

I actually tithe off my gross not my net.

[@deloreswilliams3429]

Say that

[@suebee8101]

I thought you live in the DMV area. Thing are high here. Where do you shop???

[@mememefirst]

Rent here for a two bedroom is $2k a month.

[@meanttobesumbody2325]

Cheaper phone bill - visible

[@raerae8801]

You forgot about registration and inspection renters insurance

[@adrianarnold1239]

Hello Walt 👋👋👋

[@vanessak.2353]

Right, because im paying extra for a bullet free zone

[@octaviamaxwell2488]

The site you stated for the money makeover didn’t work. Did you team put it up yet?

[@thekingdomlifewithkamron]

Amen

[@lindamoore8850]

Philo $19.99, Hulu $7.99, Discovery $6.99 That’s it, how much tv can you watch?

[@user-cs8mr2le8q]

Please please I want to come on the show!!!,

[@sweetzmamakitchen7815]

I definitely need a moneymaker. I’m scared to even write all my debt, bills and income on paper. Help!!

[@Xavyf]

I would love to be a n the show or need guidance for money makeover

[@raerae8801]

I don’t buy bulk i waste money cause I don’t cook I buy fresh fruit and veggies. Carolina is a food dessert no fresh fruits and veggies. I buy organic so I need 250 a month