Budgeting Basics!

[@locker47]

I think one category should be added: investments. Assign a few soldiers to recruit more soldiers for you.

[@mlpman246]

Recuiters. Good analogy!

[@blackbeltfinance4026]

Good stuff!

[@TwoCentsPBS]

"Recruiter dollars" -- Love it!

[@raymondcoo2267]

Isn't this security?

[@dolanangame5056]

I took investments as essentials. Hopefully im on the right track. Thanks for the analogy.

[@mattpalmq]

If you don't tell your money where to go, you'll wonder where it all went.

[@encryptorEJ]

Matt P hookers and cocaine!

[@mattpalmq]

encryptor now that's money well spent

[@MrWelfarehater]

Matt that is why you track your spending. Really try it, write down every expense that you make. It can be paying your electric bill, or that stupid trip to the casino. If you track every expense, budgeting comes as second nature. It you don't track your expenses budgeting is pointless. I'll bet your boss tracks his or hers' expenses.

[@adobotravels]

@@encryptorEJ you can get one in vietnam for $15 or $40 for full service haha

[@taciturnme]

Same thing for your time!

[@lorenzocobb7919]

I love this channel. It is great to see people promoting simple concepts to financial security.

[@izabellaadriana4548]

Most successful people started from nothing. They didn’t wait for the opportunity to knock but created the opportunity on their own by working hard. Thankgoodness i found Mr carlos kingston a pro forex trader, now I have been trading with him for about 7 mounths now and I earn up to $15,000 weekly. i guess this is the epic start to a new chapter in my life. I just feel like more evevryone should be made aware of this opportunity, feel free to contact him @carlos_1uptrades on Instergram his indeed a genius.

[@isaacokoye6468]

I subscribed on the first video I watched. They really need to teach these things on schools

[@songswithcam669]

me on first date: “I’m not broke, I’m the general of a small army”

[@shariff4473]

So underrated

[@Alllineedisonemic]

Well, with technology now days

[@Gojo-jg2zs]

1. Essentials 2. Security 3. Goals 4. Lifestyle 5. Discretionary *Still watch the video though it explains all of these in depth!*

[@carlwheezer2766]

Sequency I don’t have enough money to put 1 soldier in each of these

[@arifali6762]

Sequency thx

[@vjs9890]

Do Investing basics next. Please.

[@sardan_296]

Read some John Bogle

[@SynThenergy]

Yes, John Bogle is awesome. Read "The smiple path to wealth" or the blog JL Collins; read "the stock series"

[@Iffy50]

Great video! For homeowners, don't forget to prepare for maintenance! Since I bought my home in 2003: New driveway$4,000, New home siding,upstairs windows, front and back door $10,000, new deck $4,000, new siding on garage $3,000, gut and rebuild bathroom $6,000, new kitchen countertops $3,500, re-carpet several rooms $1,500, painting almost the whole house $1,500, new roof $7,000. I'm sure I forgot some... You are probably paying less than you would for rent, but home ownership has a few things you should prepare for.

[@Deamonfly]

Definitely learning this. We just bought our townhouse a month ago and already have some expenses that we have to save for (luckily nothing too big/emergency). We're making a new account specifically for these kinds of expenses.

[@RhinoXpress]

Yep even putting 100 per month aside for your house will net 1200 per year. x that by 10 years and that's 12,000 dollars you have saved just on your house maintenance over 10 years. The problem is many homeowners don't do this. when they need major work done on their home, they either get a loan or refinance their home and use the equity to fix their house and end up even in more debt as a result.

[@bryan_witha_whyy]

SteelCity1981 Exactly! Most people really can’t afford the house they live in.

[@Crashed131963]

All my soldiers were cowards and deserted their posts.

[@nazmul_khan_]

Deploy Blocking Detachments like the Soviets lol

[@thefungusrat]

I just wanted to say, thank you so much for this series!! Finances usually terrify and mystify me, and I find myself panicking about not being able to afford the life I imagine for myself. But your videos always make money seem manageable and non-threatening, and the way you break down concepts really sticks. Thank you for helping me feel more in control of my life!!

[@TwoCentsPBS]

Absolutely! Thank you so much for sharing that with us!! : )

[@dosadoodle]

I do appreciate that more than half of the $10k was being designated for savings, not just the suggested 15%.

[@kateg9437]

The guideline is 15% per month, but this video doesnt seem to be about someone earning 10k/month, just someone who hasn't budgeted either a bank balance of 10k.

[@neilaybhalerao8373]

I'm a 17 year old boy from India and I thank you to making these videos and introducing me to this topics!!!

[@Snusnu2977]

Me too

[@nabeel9187]

Me too.

[@austinjoseph8849]

@ Prefer to hear English than Hindi. Don't judge me. I like Hindi, but..... I don't know

[@ShwetaGupta-hd6yk]

@@austinjoseph8849 No one's judging you if you prefer your KZbin videos in English rather than Hindi. It's a great way to learn a non native language. However it is also important to go by the content. My assumption is Asset Yogi gives advice on Indian markets as well. Don't miss out on good financial advice simply because you have a preferred language.

[@n.r.krishna995]

Awesome analogy of budget to battlefield, money to soldiers. Really impressive presentation.

[@hifabiola]

budget in 5 categories (from urgent to flexible) 1. essentials: gas, electricity, groceries, rent, insurance, etc 2. security: emergency funds, debts 3. goals: saving to buy house, special vacation 4. lifestyle: pet needs, personal grooming, apparel, gym 5. discretionary / fun money: treating yourself like dinner, movie, massage, etc make budget from 3 previous months, then make for upcoming months 1. write it down 2. update it every months 3. use advance tech like apps on mobile thank you so much, I love your videos!

[@johnwoodhouse4153]

I’ve loved budgeting ever since I was 17 and found Dave Ramsey. I totally agree that a big benefit of budgeting is the lack of stress!

[@thebasketballhistorian3291]

"renting a movie" Me: *immediately checks when this video was uploaded

[@ghhhhhhhhhh]

I make 200$ a month (about minimum wage at my country). From those, 90$ go to health expenses. Thank god I live with my family and have a 100% scholarship at college, so my only expense is health and other self mantaince stuff. These tips have been helping me in these last few months, they were tight because I had to buy stuff for a pc for college (computer science degree). I like your channel because it can teach those of us who didn't have the most financially healthy examples growing up.

[@DerpyNetworking]

$10,000? Ha! *cries in poor*

[@fuelai831]

I dont think i've ever seen up close that kinda money in my entire life!

[@inspirice9844]

@Erik Probably still in school

[@fuseteam]

@Erik 200 per month? :p _cries in a corner_

[@R3I8D]

I feel you. With those numbers its 120,000 after tax annually. I make about a quarter of that and people tell me how lucky I am to make so much!

[@drunclecookie216]

@@R3I8D they're not talking about earning $10k a month... they're talking if that's what you currently have in the bank. Hell I've got $15k in the bank right now when I started the year with $10k... by the end of the year I should have $18k and that's after paying off my car which I owe $8k on right now.

[@mlpman246]

Checking account = Active Duty Savings account = Reserves/National Guard

[@mlpman246]

@Mansacktastical Ha! Good one.

[@TwoCentsPBS]

Lolz. Love it.

[@gino14]

How I see mine... Stock Brokerage: Active Duty Options Trades: Special Forces Checking Account: National Guard Savings Account: Civilian Population I realize this isn't wise, but I've committed a small contingent of _coalition_ troops to support the Gamestop Rebellion. May they return safe.

[@unrockit]

The way you guys look at each other while delivering impressive content is just ❤️. Keep it up!

[@solascriptura-e7t]

As a veteran, I'm loving the military puns. You both make it EXTREMELY easy to follow along.

[@carissacoal9280]

@1:10 perfect point

[@oddixgames6704]

"unless you live from paycheck to paycheck..." - ok, I'm done! :)

[@zucchinigreen]

You can still set aside savings. Even if it's $10.

[@drunclecookie216]

if you're living paycheck to paycheck that's when you need to analyze what your spending money on and cut some of it out if you can. start with non-essentials and go on from least important to more important.

[@lambbone8302]

Obviously we can’t put it all on personal saving tactics though, a lot of change has to come from above. Trust me to make things political

[@MistyGlades567]

@@drunclecookie216 for a lot of ppl living pay check to pay check all they pay is essentials.

[@drunclecookie216]

@@MistyGlades567 that's not what I see people doing here. My wife's family will go out and buy new computers and $1000 I-phones and then get their electricity and water shut off because they aren't paying those bills

[@reggiethecommenter9137]

As it relates to “essential”, remember: Having a car is essential but it being a brand new Mercedes is not. Having a shelter is essential but a 4000 sq/ft home in a gated golf community is not.

[@austinmillbarge8731]

Exactly. Frankly, cars being "essential" is an American and Canadian anomaly and everywhere else car ownership is indulgent. Most of the world goes to work using mass transit, motorcycles or bicycles to minimize the cost of "doing business" aka holding a job. In most of the US, that's totally impractical, thus the cost of "essentials" is fundamentally higher than most countries and financial security is far more fleeting than it is in Switzerland or France, for example. Even the higher US salaries don't keep people out of debt because materialistic pride is as American as apple pie.

[@nekomatafuyu]

Just to confirm, the Weird Al album comes under "Essentials", right? ;)

[@WDCallahan]

Yes for 'In 3D', but 'Peter and the Wolf' is a luxury.

[@loganginger]

I bought the album but can't find an app to play it.

[@Bulletcore]

@@loganginger only windows phone had an app for that.

[@TwoCentsPBS]

100% yes

[@MrPicklesAndTea]

Don't forget "Don't download this song" because you have to buy that one.

[@gerRule]

The main tip I learned from having a lot of money is don’t tell anybody about it they will make it their business to get it from you somehow, they will run to you anytime they have money problems and because people with money problems have them often they will not want to pay you back... be advised

[@itzCreamStew]

When someone borrow money, I always tell them that I currently don't have anything aswell and I don't want our relationship to go down-hill. But if they really need it, I also let them borrow but ask them when will they pay. Ofc, if they never paid in the given month. Then, our relationship is over.

[@MicahBuzanANIMATION]

That's your main tip, but your saying you have a lot of money on the internet for all to read lol.

[@gerRule]

@@MicahBuzanANIMATION nobody knows who I am though, that’s the beauty of it

[@Phlegethon]

I only have 100 soldiers. All of them died on the battlefield yesterday from alcohol abuse

[@malkisehgal2481]

3:55 I think doing budgeting longhand helps since it makes think what you are using your money for and seep into the details. While Using budgeting apps, you can just copy paste last month's budget. Also you don't need to do all calculations longhand, just note them on paper in end if you wish to.

[@ivopires4145]

I'm administration student and trainee at a bank in Brazil. Now, I found your chanel, I'll improve my listening and also my economy notion. You two are wonderful

[@mr.alkenly889]

I still live with my parents but my rule of thumb on more luxerious things is one, if you have to save for a vacation you cant afford it, two dont make any big purchases unless you know you are going to use that item on a weekly or daily basis, three starting out young every big purchase should go towards equipment or resources to further your career, when i do spend money on things it is almost insignificant, like 2 dollars every other day for fries at zaxbys, 5 dollars for a burger, and maybe 20 dollars wvery 4 weeks for a movie or something spightly nicers, but doing that I can make 100 dollars last 2 weeks

[@Wirely]

This is so important. Thank you for covering this topic. It seems especially crucial for workers who don't have fixed monthly income, who do shift work, have multiple temp jobs, or work in the gig economy. I think you could do another whole video addressing the kinds of challenges associated with inconsistent income.

[@SofiaMartinez-bq7ge]

As a 13 year old looking forward to starting a school business and not so much to having struggles on how to manage money in my early adult years I love your channel!

[@xp_studios7804]

Everyones saying school should teach this but the best part of this channel is all the learning with none of the tests xD

[@eclectic_musafir]

I used a Google Sheets budget template for years whilst at university, and then upgraded to Mint after I graduated, right at the start of the pandemic. Mint works for most people, but it works a lot better for those who have the necessary discipline to use credit cards effectively, as you can easily track all transactions. Automating your financial world will remove 90% of the stress, so you can focus your attention on how best to grow your money 🌳, rather than trying to survive in the desert 🌵

[@volodymyrsereda6479]

I started using Monzo, and it lets you open many 'savings Pots' that you can use to store money. e.g. a Holiday savings pot, a rainy day pot, etc. I found that opening many pots with specific purposes works really well. Now when I feel the urge to spend money, I have to choose which pot to withdraw from, so it's more obviously a trade-off. 'Do I want to withdraw from my holiday pot, or my new pc pot? Actually, neither, they're more important to me!'

[@sageperisse]

Awesome video and great advice on getting started. Like my new dentist, you guys give good advice that doesn't come with a side helping of guilt. I'd love to see a longer form or series that you do on budgeting. How to save up for big purchases, how & when to use an emergency fund, building credit without falling for the pitfalls of credit cards, etc.. Love you guys work and hope that this partnership with PBS is all that you want it to be. This stuff is just as important as any big laws or cultural changes and I love the way you present it!

[@TwoCentsPBS]

Thanks so much!! This is great feedback. : ) We do have an episode on emergency funds in the works.

[@susannicky]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

[@ibrahimaisaadan]

I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

[@bahijarhafiri]

Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

[@BaffySchenck]

I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@bahijarhafiri]

I've experimented with a few over the past years, but I've stuck with ‘’Julianne Iwersen Niemann” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@JIN-u6t3t]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@benito8596]

Is there a specific amount that I am required to put in any of these listed? Or does it just depend on me?

[@loranddeka]

One of the most important life skills my dad taught me was how to make a budget.

[@cherylT321]

You were lucky; my parents didn’t teach us kids anything in regard to finances. Money was a taboo topic in our house. The school system didn’t teach anything about it either. As a result, I made a lot of mistakes along the way but, l’m happy to say that l am now debt free, living a frugal lifestyle!

[@aaronzoom479]

Always wondered where my money was going and was always afraid to check my bank statements and purchase history, now I'm very comfortable checking my account and keeping track of my monthly spending. Thanks 2cents!

[@kateg9437]

Groceries can also be split into essentials and lifestyle categories. Theres an amount that you can spend on food and be fine, or theres a much higher amount if you want brand items and luxury foods like steak. Having a "this is how much I need to eat" and a "this is how much i would like to spend on food" can be useful as you know what you can cut back to if there is a change in circumstance

[@nazmussadat7852]

I wish my school taught me this!

[@LorentzInvariance]

This channel is better than any class in economics I’ve ever taken. You all do a great job.

[@drowjackson3512]

Finance is 20% math and 80% behavior. Prioritization and discipline are the key to mastering finances

[@OscarHernandez-dj3yv]

Here i am years after watching this for the first time with my first home and really good financial skills. I'm even starting to tip some toes in the stock market. Thank you guys, I'm going to be among the first in my family to achieve financial success and i can help my cousins starting out in the US.

[@bradwilliams4921]

I was less stressed before I started budgeting. In the past, when I was less stressed, I simply made certain I always had money for the essentials, put x% into savings and spent the remainder as I pleased and if I couldn’t afford something I simply didn’t buy it. My savings grew and I never ran out of money and I did all of this without a budget.

[@elsa9532]

This is a really clever analogy, I appreciate the work that went into explaining it from the individual onwards.

[@willmallory9085]

Great video! I have a budget line item titled, "Fun Money". I take this out in cash and buy coffee, restaurant dinners with that. When it's gone, funs over until the next pay day. Leftovers for lunch it is. 💸

[@Deamonfly]

Same! Mine's called "Permission granted"

[@OklahomaWildman94]

ive been binging these videos. Incredibly helpful and the editing is superb. ill be sharing these videos with friends and family

[@sardan_296]

The best content you can find. God bless you two )))

[@supreme5580]

I haven't been more in love with a metaphor ever. Wow this video is full of art aside from the simple and hands on advice...

[@seriousjoke99]

How come I just found this channel now, more people really need to see this, keep up the good work

[@mtcoiner7994]

Maybe one of the most important videos ever created. This should be in every middle/high school class room.

[@sharleendavis7320]

I use ynab (you need a budget) app, it changed everything for me. I used every other app, paper etc but when I finally got what worked for me - present money - it changed everything. I already have $10,000 in the bank and I only started this in January - I had $18 to my name when I started this.

[@jgtv6269]

Sharleen Davis is it better than mint?

[@TwoCentsPBS]

Sharleen, we're big fans of YNAB!

[@coettahannah8110]

Great!

[@nordinator89]

try EXPENSE MANAGER (android) it's free (using it now 5 years)

[@Kanal7Indonesia]

Noted

[@YNABofficial]

Awesome video, you two! 👏👏👏

[@TwoCentsPBS]

Awwww yay! Thanks guys. Love y'all!

[@RangerRuby]

This was a super awesome Two Cents video! It helps really get the definition of budgeting down and how it is supposed to affect your life!

[@TwoCentsPBS]

Thanks Ruby! Do you keep a budget yet?

[@RangerRuby]

@@TwoCentsPBS Of course! I don't have an income but I do get a monthly allowance!

[@Inaxces]

What software would you recommend for a person who is trying to put every dollar or penny to a purpose?

[@romeroson123]

Budgeting basics number 1. Make more than you spend. :)

[@slappy_chimp]

been doing since 4 months.. no savings but took a lot of stress away

[@DivineBella1]

You guys are awesome! Great advice, I use a excel sheet to track my money and it really does make the difference. You know exactly where your money is going.

[@haileymullins7467]

I love this video it really helped me think about what to do when i get older and save money when need it

[@deckarddwizardd1909]

"Budgeting is not about having more money, it's about being happy with what you have." *2020 GOALS RIGHT HERE*

[@jerper7961]

I just love this channel so much

[@Emily-eh9jh]

So is saving money to eventually invest in the stock market under the "security" expenses?

[@jeffleonard343]

Every Dollar is the budget app I use. It’s excellent and easy to use. Like this video says, telling your dollars where to go will change how you look at your finances. I promise!

[@WhyAnkurGautam]

Thank you so much...Really a much needed advise...!!!

[@BabyBearRudy]

I wish I had more “soldiers” I’m so broke 😭

[@mr.boomguy]

Reason?

[@BabyBearRudy]

Mr. Boomguy cuz I’m bad with money

[@VulcanOnWheels]

@@BabyBearRudy I believe the key is to know what you shouldn't be doing or don't have to do with your money.

[@RealLifeMoney]

It’s understandable because we are usually not taught about money. Having a plan is the biggest key like the video says 😄

[@BabyBearRudy]

Bert Visscher well I’m learning from financial channels like this one

[@muthura2228]

KZbin recommended an video from this channel... Now I'm viewing entire videos of this channel..

[@Itsmejabs]

I love these guys!!! So engaging ❤

[@jeremiahyonemura]

Such a great way to think about budgeting! YNAB is the definitely the best way to go about this while also implementing their 4 rules (Give every dollar a job. Embrace your true expenses. Roll with the punches. Age your money.)

[@Cameroner1]

Separate savings accounts also really really help for us. Used to keep one big pile of money, but it quickly becomes fuzzy what dollars belong in checking, and what dollars belong to the car fund

[@TwoCentsPBS]

Definitely. Having separate bank accounts can be great or you can use a tool we love called YNAB (You need a budget) it does all that organization work for you without all the extra accounts. : )

[@liawatson5789]

Savings categories: • Emergency fund • Irregular/annual expenses • Living expenses fund (3 months min) • Mortgage down payment (look at houses where you want to live and set 20% of the price) • Car purchase (no more than 33% your net salary) • Medical bills • Vacations/Birthdays/Christmas • Fun Fund • General savings Basically anything can be it’s own category!

[@genasingh1845]

Thank you so much @2cents 💙💙

[@Luxyglamlife]

I use the Mint app and my banks Budgeting app to help me with my budgeting and it works. It shows me where my expenses are and where I need to cut down at. It’s difficult with children, especially times 2. I’m getting better at it. Also Credit Karma is another great app when it comes to fixing you credit and showing you how spending leas than 30% on a credit card helps your credit score.

[@AniBAretz]

Use an index card. Fold it in half. On left half, list all incoming funds from all sources, and total it. On the right, list all outgoing money, in order of priority. For example, rent must be paid, if you don't care to live on the street or in a car you also can't afford. Utilities (electricity, water, sewer/trash, telephone, and internet access) are next, followed by savings, transportation, food and, if you're doing well enough, entertainment. This will encourage savings and discourage wasting money at the grocery store. Make it your goal to keep 15% of your incoming still greater than all this outgoing, because "stuff happens." And, if you can't, then it's time to trim corners. Entertainment doesn't have to cost. Internet might be cheaper using your cell phone as the source rather than paying for an internet service provider. Transportation options vary; as around for advice from locals, and maybe try a few. (And, by the way, if you want to buy a car through monthly payments, make all the payments first, into a special account, and then, when the account has enough in it, go out and pay cash for that car. You'll avoid loan origination fees as well as interest.) This index card can be created new each month, and if you're a student, getting a lump sum at the start of the semester, you can spread your student loans/grants out evenly -- even covering school breaks too short to get a job and too long to survive otherwise. Just pull out your textbook and school fees first, before dividing up the rest to cover living expenses. And keep that up to date monthly budget card in your wallet, so everytime you're about to buy something, you see the card and ask yourself where it will fit in. Oh, and if you have credit cards or other long term debts to pay off, list them on the other side or put them on another index card and staple the two together. Write the individual credit card/other debts in horizontally, so you can include -- all on the same line -- the credit limit, total balance borrowed, interest rate, interest amount, payment due, and space to check it off, after you've paid it. List each one, and subtotal them at the bottom. Incorporate them into your outgoing budget. And keep an eye on the interest rates, in case a sneaky bank raises it without telling you. P.S. If you don't have enough to save, then you're not in the habit of saving. Start by saving something small, maybe just $1, so you know you can handle it each month without worry, just to get in the habit and watch the amount grow. Plan how much you can increase it, each year, and you'll see that, as your budget comes into line, your savings will, too. And then, when life hits you with an unanticipated cost, you can borrow from yourself, so long as you repay it right away, and never incur banking fees and interest charges, again.

[@askrhonnie6356]

You should call this channel Winning at Life. ❤️

[@drdotey2443]

As a young person about to go into the world of jobs and further education, this is extremely helpful. The entire channel you have going here is really helpfull to someone like me that dosent know how to spend money corectly or more accurately im just insecure about if i actually did make the right decision. Its like knoing you are being evaluated on something, but not getting to know what the evaluation says.

[@amichaelpalma]

"To be happier with the money you have". Wow. Just wow! :) Thank you for this.

[@Nopenope159]

I am from south america, found you today and I have seen tons of videos. Thank you guys❤❤❤

[@flexmasterize]

"you have a total of $10,000 across all your bank accounts.." I do? that's news to me

[@jessicaran148]

This is so perfect. Thank you PBS and 2 cents

[@ellisonrhea4854]

I wouldn't put current pets' basic needs under 'lifestyle'. They're part of the household and we're responsible for feeding and medically caring for them. but adding more pets is optional. I want to add chickens, a tortoise, and a fish to our house... those would each be lifestyle investments!

[@moodyfemme]

love the reference to Catan ❤

[@i.o.u.4195]

Does gold and silver go in my essentials or security jar?

[@jj-bu6yb]

I love you guys!!! Always super helpful

[@davidlup4027]

You guys are so good!! One of the best channels I have ever come across

[@hetpatel1250]

Guys I really appreciate you touching upon this topic and putting it across in a language millennials like me understand. Love the presentation style. 😀

[@0810Angelas]

Y'all are so awesome.

[@almostlindsay]

Love this video! This channel is awesome!

[@ElaineLoyd]

This is my favorite money channel.

[@aexstudios]

Thank you :) :) :) I like the soldier - commander analogy / metaphor :)

[@tasnimsarker4653]

I love this channel and concepts of this channel.

[@piyushchaturvedi632]

Love you guys ❤️❤️❤️

[@MarceloLaraM]

Love you guys! Thank you

[@hannahnavarro7899]

The idea for saving for specific things is so helpful! It has transformed my finances.

[@TwoCentsPBS]

Right?! It's totally awesome. Why aren't we taught this earlier?

[@CG_Hali]

I agree with some comments which mention that there needs to be a video for low budgets. I'm not in need of one but those are the people who need it the most because when 'Essentials' eat up everything you have, what do you do? My brother is in such a situation due to unsteady work hours. It would be great to be able to send him a video that helped him but he'd stopped watching the moment he'd see this one at $10,000 a month. Thanks for your hard work!

[@drunclecookie216]

I think they're talking about having $10k in the bank saved up, not earning $10k a month... that'd be someone making well over $100k a year

[@Justin-ol6vk]

But the point of good finance advice is also to increase the money you have so you can also be happy (by not being stressed, worrying about not being able to pay bills)!

[@MsLia32]

or to decrease your expenses which is the part of the equation you can actually change

[@aureliocosta2872]

Merry Christmas to you both. God bless

[@AngelOfTheDarkSword]

I love your show!

[@Alwaysasweetpea]

Love this channel!!!!!!!

[@puneetnarain6346]

You guys are Amazing !! Kudos.