Nothing works until you stop wanting things you don't need. You have to be content with the basics and the occasional luxury/treat. I think of my parents and their friends, they didn't spend money. They read books, watched TV, played music, gardened, had the occasional picnic. We played board games and cards and did jigsaw puzzles. We went to the library. We didn't go out to restaurants. I remember my parents went out to a movie once. We had what we needed but no excessive stuff. We were all happy. You can't appreciate anything if you have too much of it.
@tgayer12 ай бұрын
And it’s important to realize what is and is not a necessity. Internet is a necessity for most, streaming services are not. 😊
@lindabudzik95832 ай бұрын
I am so tired of hearing people say “you have to treat yourself” and then proceed to have manicures, go out to brunch with friends, and buy tons of new clothes. That isn’t "treating yourself" - that is your lifestyle. Having a manicure twice a year is treating yourself. Having a manicure every 10 days is not.
@Ethan-yg8me2 ай бұрын
@@lindabudzik9583I agree 100% I try explaining that with friends after they complain to me about their finances but it goes in one ear and out the other lol
@lettiembaku62232 ай бұрын
Best advice ever
@graceperez12812 ай бұрын
@@lindabudzik9583 agree, I have a few friends who are always saying they are broke, but yet they spend money on crazy things, buy the kids practically everything, and go out alot to eat and special events that cost $$...insane!
@galia89212 ай бұрын
I also have a tip I don't hear that often - use up all that bottles in your bathroom. The sampoos, creams, shower gels, cleaning products should be used. Don't buy new ones till the old ones are finished
@ydoowj2 ай бұрын
I am a former goo hoarder! I had SHELVES of soaps and lotions. I set out not to buy any until what I already had was gone. It taught me to stick to what I know works instead of trying to newest "wonder product"
@gineenkucherak33492 ай бұрын
Definitely! And cut open those lotion tubes and hair product tubes/bottles! There is so much more in there. I found this true in the toothpaste tube also. Who knew?
@destinypratt77612 ай бұрын
I was an extreme couponer about a decade ago and managed to accumulate so much Ivory soap that I'm still working my way through it. Lesson learned and expiration dates be damned.
@marywatkins67982 ай бұрын
I was going to add this one too. Use it up, wear it out.
@marilynrybak91542 ай бұрын
I continually have to remind my spouse of that!
@greenpurl84822 ай бұрын
I'm a bankruptcy attorney and think this video should be required for anyone considering filing...
@abigailsmith86902 ай бұрын
We are lawyers and we know so many people who've been making mid six figures for close to a decade and have a negative net worth. It's crazy! You can be broke at any income if you're not intentional.
@iambobwhoru2 ай бұрын
I love that you use the word "intentional". Savings don't just happen. Getting fit, eating healthy, and being organized, doesn't just happen. You must be intentional in what you do. A lot of the time I hear people don't want to seem like a stick in the mud around their friends about being frugal but realistically, if you're ACTUALLY being frugal and following a budget, you probably will seem more well off than you truly are.
@gladyschandler67242 ай бұрын
I did plenty of side hustles in my 49s', 59's, and 60s as a single mom: an extra part-time clerical job on weekends, did babysitting, dog sitting, organizing, catering. In my 60's I moved in with a family picked up boys from school, made snacked, cooked dinner, and got the 2 boys to bed for reduced rent. Now that I retired last year at 72 (because I chose to get the maximum s.s. I also moved to a lower cost of living state from California to Texas. Now I have the financial freedom to travel to Europe every year. Life is good. It was worth everything I had to do to get where I am.
@marywatkins67982 ай бұрын
Good for you!
@teresaryan49562 ай бұрын
Enjoy your travels you earned it.
@kellypeters42212 ай бұрын
I love that you set out a goal and did everything in your power to get there. That takes perseverance and determination 💪. Congratulations Congratulations 🎉
@sarahl.9442 ай бұрын
I'm in banking. Automatic payments have a lot of issues. Payment dates can be pulled early if the date falls on a day the bank is closed and this can cause issues if your payroll hasnt come in yet, balances owed can be wrong, people dont look at the statements and errors are missed. And we have had situations where people have needed the old bills more than a year after. 2 years is a safer bet. Another issue is canceling automatic payments. I never recommend people use auto pay in anything. Unless you have a high balance at all times, it's too easy for you to overdraft your account.
@trudydavis61682 ай бұрын
You are soo right! I refuse to have everything in the cloud". I save paper statements for at least a year. Also, automatic bill payments are sometimes very hard to stop. After cancelling a PlayStation 2 years ago, they are still collecting.
@dianasimplifies2 ай бұрын
We've done automatic payments for years with zero issues. The key is to have padding in your acct that you NEVER spend. When we were younger our padding was $2000. This way you never bounce a check or payment.
@karenwhitehead14462 ай бұрын
@@trudydavis6168 call your credit card company and have them blocked
@frsp34032 ай бұрын
If you cancel something you can delete the payment info and that should do it, right? I guess i would freeze an account too if possible
@sarahl.9442 ай бұрын
@dianasimplifies most people do not have the cushion available. That's the issue.
@Michelle_Ellen872 ай бұрын
I don't automate the bills that vary month to month, like water and electricity. If I had, I wouldn't have noticed that our water bill tripled in one month because of an issue with the water meter. We were able to call the company and get that figured out.
@MartyKara2 ай бұрын
Same, I like to know right off, but that's my age and history. Don't see it and then a mistake and next thing we can't fix it.
@dianasimplifies2 ай бұрын
Everything we automate sends us a paper bill anyway. Is that not an option? We automate almost everything. No issues
@simon31012 ай бұрын
You could automate it but look at the bill anyway. That’s not a valid or logical reason.
@dawnt55872 ай бұрын
My water bill is automated. They send me an email every month. As soon as I get it, I check the amount. It takes me about a minute every month.
@MartyKara2 ай бұрын
@@dawnt5587 When our city went to a new system, I had to go to the office to pay the bill because it was not going fast enough through my online banking, and I was late, Even though they weren't charging us for being late. I finally just made an account and on the same day every month I look at it online, and then I go to my financial institution online bill pay and pay it there, a few days later I get the bill in the mail. We're all doing the best we can with what we have. 😉
@lollyb63422 ай бұрын
Our basic electric dryer door latch broke & of course it was a cheap plastic part. Dryer wouldn’t work without it, so calling a repairman would be a long & expensive delay, with laundry piling up. Next step find a new dryer to buy. Eek! Cheapest was $576 & wait 3 days for delivery & pay $98 to install. Alternative, search KZbin for DIY fix. Found it! Guess what?😅 Dryer door has two latches on each side that allow door to be swung right or left. Fixed by moving the spare latch, with simple tools, to replace the damaged one. Backup plan, purchase two replacement latches for $6 for next repair of flimsy plastic latch. Thank KZbin contributors and DIY husband for saving us so much money & time. Thanks, Christine for all your frugal tips. Texas Gal
@spmamabearКүн бұрын
I've fixed my dishwasher with a $10 spare part and a few minutes of youtube. It's amazing what you can do with the internet at your fingertips. I also installed the dishwasher. Plumbed and hard-wired it myself, because there just weren't technicians out here (rural Idaho) who have time to come out to do a 15 minute job when it takes a 2 hour round trip to get here!
@user-vx1in1xv4i2 ай бұрын
No, to automate pay! Have had bad experiences with that. 1. Double taken out of acct 2. Once taken out, the company argued the bill hadn't been paid, so I had to fight with them to refund a re-hook up fee So absolutely NO, do not do automatic pay. And by the way, we are debt free. My husband retired 5 years early as an RN during the covid era, and I quit my job of 35 years one year after he retired. We now live very comfortably on his retirement. The key to getting out of debt is to STOP BUYING THE THINGS YOU DO NOT NEED, BE FRUGAL WITH EVERYTHING, AND PAY EXTRA ON WHAT YOU CAN. Best of Luck!!!
@melaniehomburg33662 ай бұрын
Some of it too comes down to being ok with "being weird." We've gotten playful teasing to outright insulted by loved ones and coworkers because of our frugal habits. And it's not like anything crazy: cutting my own and my child's hair, not getting my nails done, we bought an inexpensive condo that we knew we could easily afford and pay off - WE GOT MADE FUN OF! Dude. At 41 and 44 we have a paid for home!
@TN-xi8rb2 ай бұрын
That’s awesome! Good for you.
@j.stratton3077Ай бұрын
Wow, Kudos! 🎉Good for you!!
@littlesongbird1Ай бұрын
Yeah. You have to accept not everyone will understand it. I prefer to eat at home. I fly with budget airlines (I had friends make fun of me for flying with Spirit but hey, I saved a ton of money).
@MartyKara2 ай бұрын
I had to side eye myself when she said to shred those old bills. I have 20 years worth water bill -- because I like to look back and see how much they're charging for the same thing. Shred party 🤣
@carmarasmussen81182 ай бұрын
🎉🎉😂
@homewithmrsp2 ай бұрын
You can scan with camera phone and save. Maybe 1 for each year if you want to look at old price. But it doesn’t help now. Lol enjoy shredding 😊
@MartyKara2 ай бұрын
@@homewithmrsp I'll just shred and say goodbye. Lol I have a bunch in my file cabinet that I do need to purge. I'm also procrastinator. 😬
@tgayer12 ай бұрын
I used to save all of my old bills, and then when I read Marie Kondo‘s book, I got rid of all of them. I think I ended up collecting all my paperwork in about six or eight big shopping bags and took them to a shred place and just paid to have it all shredded. Look online to see if your community has a free shred day.
@teresamelville2 ай бұрын
If you have a fire pit that is a great option this time of year. I just burned a bunch of my old papers.
@lyndsaymoehrman2 ай бұрын
I agree with not keeping all of your past paper bills, except for medical bills. We keep them for five years. Because our local medical system can be a hot mess. One time we received a bill, that we had already paid almost a year before, and they didn’t have the record of us paying it. We had proof, saved us that money again, and the headache of hunting for information to prove it.
@natashav64322 ай бұрын
I understand the concept behind automate payments, but a lot of people have to decide WHICH bill to pay based on what's more important. Being a single parent with only one income living paycheck to paycheck is a reality.
@charlenecastaldo36022 ай бұрын
Thank you, Christine! True story- when we recently moved. I noticed the ice maker in the refrigerator wasn't working. My husband contacted the previous owner who said it never worked. I open the ice storage bin when cleaning the fridge. I turned the switch on and the ice maker has worked ever since. 😊 Easiest fix ever!😂
@cynthia571692 ай бұрын
Our son bought a house five years ago. In the kitchen was a new refrigerator (too big for the kitchen!) that made a grinding noise periodically. He thought it was breaking/broken. I investigated and found it had an automatic ice maker that was calling for water. There was no water line installed! Turned it off and everything is dandy.
@CookingwithDesi2 ай бұрын
😂😂😂
@lisam57442 ай бұрын
I would like to add...learn from other people and what they've done and if its worked for them or not. Both my parents and my husband's parents got brand new mortgages when they retired. And we watched them struggle with it. We decided we wanted to have our mortgage paid off before we retired. So we started a six year plan to get out of debt and the last part of that was paying off the mortgage. And (this is important) have wiggle room for the unexpected things that come up in life during the plan. We got everything paid off in a little over six years. The best part is that what we were paying in debt payments now goes into the savings towards retirement. It's doable, but it does take time, dedication and sticking to the plan.
@bcworth4442 ай бұрын
Wow, I think that's the best advice: patience - it doesn't happen overnight. Everyone is in to quick fixes and instant gratification. No one wants to hear the reality. Good for you, Christine, for putting it out there. It needs saying. It needs hearing.
@kimberlysue5942 ай бұрын
I love the comment, the 15 years are going to pass anyway. Exactly!
@Halfwaythere8072 ай бұрын
Financial education is key and I don’t think a lot of Americans learn how to manage money until it’s too late and massive mistakes are made…95% struggling is an indicator. Thank you Christine for sharing your experience and getting the word out!
@lisam57442 ай бұрын
I can say that I never received any financial education from my parents or my school. I learned a lot of things by making mistakes. But the internet does have a lot of information for teaching yourself financial education. I wish they were teaching this so kids would know what to do when they got out on their own.
@MartyKara2 ай бұрын
I tried to teach my daughter, but she is doing what I did when I was young, spend without caution. She'll learn.
@trudydavis61682 ай бұрын
There should be a basic accounting class in every highschool curriculum. I've known people who had trouble writing a check or balancing their checkbook. Basic things..
@MartyKara2 ай бұрын
@@trudydavis6168 I took 2 years accounting in high school, and home economics. When I got out on my own, every paycheck was gone because I still did not learn to be safe with my money. I did everything wrong, and I was almost almost to the point of living in my car. And it was a cheap '79 Ford pinto. Just recently I had to help my daughter write a check and write an envelope and where to put the stamp. She's 29. If people don't come across it they're not going to need to learn it, And that's what KZbin is for ... that's what my daughter said years ago. We parents do our best in teaching, but if that child doesn't want to learn nothing we can do about it. And from my time in high school until her time in high school, and the different states, a lot of information is not taught.
@TheSwimmom12 ай бұрын
Maybe create a mandatory home economics class that teaches kids about mortgages, budgeting and living within your means.
@graceperez12812 ай бұрын
paid off my house early by going from a 30 yr loan to a 15 yr loan,,did it because I did not want the debt going into retirement. Paid off in 2019, it seems like it took forever,,,but I saw the path and knew it was worth it. Did it alone I am divorced, not easy but worked hard. Thanks Frugal Fit Mom for all your videos, its been very helpful to me.
@nickvickyleblanc36742 ай бұрын
I wouldnt automate my bill- reviewing them frequently saves me more money.
@dawnt55872 ай бұрын
They still email you the bill in advance just like receiving a paper bill.
@paulydaysx2 ай бұрын
THANK YOU!!!!!! I just told a coworker today about going back to school. She said; well I'm 46. I said well... I'm 50! (I just started a class after 25 years of not going to school) I told her; you and I will be 60 one day anyway...
@paulydaysx2 ай бұрын
HOPEFULLY- right!
@dajanaspaargaren90602 ай бұрын
I am 51 and going back to school to get a better certification to get better pay. I know I will be older than my teacher. Lol😊
@grannyprepper11812 ай бұрын
At 71 I don’t have 15 years. 10 maybe. I have no debt. I feel that one way to cut your out put is to keep your family small. The days of families with 4, 6, and 8 kids just aren’t practical anymore.
@shealodriguss6912Ай бұрын
This is untrue. We are a family of six with one teacher income as I stay home and homeschool the kids. You just have to know how to budget and actually live within your means.
@Ronbarno2 күн бұрын
Very untrue, have 10 kids, homeschooled, now they are all out on their own, be smart with your money, we did it! no regrets, JMJ, God is good.
@a1stbornunicorn2 ай бұрын
As a hiker, I love the mountain metaphor. So many of my friends make great incomes but are always broke because they don't live frugally. It takes dedication and patience to see the rewards of frugal living.
@TheVideoGamesHistorian2 ай бұрын
We have paid our mortgage off , have some savings and have no debt . Its so freeing . I would have liked to have paid off the mortgage earlier but circumstances prevented us from doing this . We lived on pennies at times , walked everywhere and bought second hand . So now at the grand age of 54 we have reached the goals we set , Now its about enjoying life while we are still young enough .x
@TN-xi8rb2 ай бұрын
Another podcast idea- free summer fun schedule with kids. Like if you were planning an actual summer with your young kids, how would you plan out your weeks with calmer days like library, water hose fun at home, with some community activities, with parks/hikes, cheap local adventures mixed in. So how would you actually find the hikes, would you start with the state & local parks around? Did you ever tent camp or just do day trips? How to have fun at a state park/lake if you don’t have a boat? How you found hikes before AllTrails- did you just get the maps at the park office? Etc. Would you go to the same places or different each summer. Ex. We have floated a nearby river, but it was over $100 to rent the tubes & have the bus drop us. I’m thinking there’s a cheap alternative- how would Christine & Dave do this?
@TheElephantInTheRoom122 ай бұрын
I understand that this may not be possible for people who live in rural areas, must go into work or places where you absolutely need a car but one thing that has surprisingly helped me save money is to not drive my car every day. I have a car that uses ALOT of gas so gas was becoming a big part of draining my finances. So what I started doing was stacking my errands meaning I schedule a bunch of things on days when I "have to" go out for appts, meetings, returing items to stores( then I would do my shopping), or other important business. I could end up being gone all day sometimes until dark but I notice less gas was being used. And it was okay because it was designated day to be gone. Another thing I did was carpool. It can be annoying and very inconvenient but it helped keep my car in good shape and I paid them for gas which was still less than my gassing up my car. I know it sounds like it would be the same if I drove but it did help. This may sound crazy too but I graduated last month and paid a neighbor to drive me who was already going out that evening anyway. I didnt want to deal with the parking, chaos, or the stress or the use my gas. It was such a nice feeling when she stopped at the gas station to get gas instead of me and after the graduation she was the one trying to figure out how to get out the crazy maze of the parking lot and figuring out which way to turn with police directing traffic. What was I doing? Relaxing and basking in the afterglow of one of the most fun evenings of my life! Note: I do live in a suburb of a major city and its considered rural by the post office but its not. Walmart is less than 10 mins away. So if Walmart is nearby its not rural in my opinion....
@gwenkosevich88172 ай бұрын
I no longer go into the gas station when I get gas unless absolutely necessary. This prevents buying junk food! Helps with weight loss too!
@beckyshell46492 ай бұрын
Good advice,I agree with automatic payments for bills and savings. I worked Walmart for over 30 years ,so I worked a pretty low end job .I did their employee stock purchase plan where they contributed 15% of what you put in. I maxed that out every year and never touched it .I also did a 401k and maxed out a Roth IRA each year. I was able to retire at age 57 with no debt and very low expenses. I shop thrift and discount stores and live a very simple lifestyle. My mutual fund dividends almost cover my living expenses .
@LeeParkchu2 ай бұрын
I have done some of these life hacks and they only bring little to no money😐😐😐
@RobertDamanii2 ай бұрын
I don’t believe you, I’m 50, retired a while at 45. I have 35% of my capital investments in an IRA. 25% in index funds, and the balance spread across other investments acts. In cumulative of over $5m. I receive income from my rental properties too. Zero debt and all is going accordingly.
@JohnMiddleston2 ай бұрын
Indeed, most people downplay the roles of financial advisories until they are burnt by their mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I’ve been able to navigate the volatilities and scaled up 80k to 20k with a firm
@RoseBalerus2 ай бұрын
Honestly this cannot be over emphasized, helping people mitigate unforeseen circumstances and mistakes, it’s always good to have a financial plan
@SeanJohns-ze8ie2 ай бұрын
Excuse me brother how do you guys do this?
@RobertDamanii2 ай бұрын
ERIC PAUL ELMER, really smart guy with a contemporary approach to the market and a warm personality.
@CP-fo5sy2 ай бұрын
Keep paper copies of car insurance policies for a few years. My son was in a wreck and they didn't have a record online of that vehicle being covered for that date. I sent them my paper copy and saved a lot of money!
@lenettasmith-murray21452 ай бұрын
I'm 62, single and living on $1588/month. I buy groceries approximately every 3 months and use pantry staples to help make my meals. I did the 30 day challenge and had so much food to use. It was easy and fun. Do not eat out, drive my car on Thursdays only, unless I have a Drs appointment out of town. Have no life insurance because of health issues and no emergency fund. How can I do it when I don't shop or do anything except volunteer at our local food pantry on Thursdays.
@TN-xi8rb2 ай бұрын
I’m not sure you’re rent- but would having a roommate to split bills & rent be an option?
@betterlivingonabudget2 ай бұрын
PODCAST request - I would love to hear how you and Dave stayed motivated to stick to such a tight budget through the early years. Aso, if you recall specific times when it was especially hard - what sacrifices you recall making, if you were ever shamed for being frugal, how you handled it, etc. I'd also love to know if your siblings touch base with you on frugal / money tips! LOVE your FFM channel, but I LOVE your podcasts even more - it's a great reason to have a long commute, LOL. 💗
@renatal197220 сағат бұрын
Tip I learned, don’t do paperless billing. When my dad passed, he had paperless billing on everything and we didn’t know what he owed because we didn’t have his passwords. Only found out when stuff was pass due and got a paper bill. His bank account was frozen during probate, so they stopped the auto pay
@chychy1182 ай бұрын
I have learned a lot for clutter and budgeting from you. Love the wash the sheets an put them back on 😂. Dont buy new cars get good quality used cars. 👍
@JC-kj7ng2 ай бұрын
Thanks for another great video! For as long as I can remember, my Mom has said exactly what you said-“the time will pass anyway! What will you wish you had accomplished?” That has been a huge motivator for me regarding how I think about time. We are currently debt-free except for the house and working to pay that off early. Had a good emergency fund last year that got drained due to medical issues and some travel. It feels defeating to take steps backward, but your video is a great encouragement to keep going. Thanks again, Christine!
@No-sv6mu2 ай бұрын
I automated transferring money from our savings(.5% interest) to our online HYS that gets 4.75% interest. We dont even notice the $200 a month. Then every few months if we have done really well with savings I will transfer a lump sum of a few thousand to the HYS. Then I forget I did that and panic because our everyday savings is so low so I start the cycle over again to aggressively save. 😂 it works for me! I also only check our stocks and mutual funds once a month. Those are long term investments so checking too much would just cause me stress. Im with you about going out to eat. Its not something we do often cause it is just too expensive. We do have other things (kids sports, vacations) that we would rather spend our money on. One of the biggest things we are looking forward to is our home being paid off in about 3 years. We are 41 and 40. Im driving a 13 year old vehicle which is doing great. Husband's vehicle is new and paid off.
@No-sv6mu2 ай бұрын
And we are definitely not in high paying jobs. I work in a school and babysit part time for cash for the sports and vacations. My husband is a union blue collar worker, and takes on over time when it is available. To make up for my low income, we do as much as we can to avoid hiring people. Husband fixes everything at home, changes our oil, cuts the grass, I maintain the flowers and garden in the summer. We cook all meals at home. We clean our own house.
@aimeecarroll25552 ай бұрын
I am not one to comment on videos. But I have to say, I have watched videos similar to yours for years. And nothing connected the way yours do. I'm a fellow Idahoan, but that's not just it. You break things down so simply, plus your personality 🔥, it has changed my life. I wait for your videos because it's legitimately like the pep talk I need. So thank you, and can't wait to hear what you have to talk about next.
@FrugalFitMom2 ай бұрын
Wow, thank you!
@LindaSnow-hw4hv20 күн бұрын
I struggle with “collections”. For me, it is purses and books. I’ve finally come to realize these do not bring peace or happiness. I resonated with the comment that says, “Stop buying what you don’t need!”
@limotgirl986317 күн бұрын
i got myself a kindle and i saved a lot ever since
@joannehickok465312 күн бұрын
wow, I've learned to make olive garden cream of chicken soup.
@christenascott52802 ай бұрын
Could you do something on school lunches. Most schools provide free lunches but they are full of carbs and preservatives. 50 diva does her sons lunch every day. But she has access to an Aldi, Smith’s, etc. crate I don’t have any of those stores. I don’t want to go 220 miles to one! So could you tell us some budget friendly homemade lunches that we can make? Also, do you have any pet treats recipes. Any pet tips. I know you’ve made a gazillion cooking challenges, but I really enjoy yours because it’s more economical and a senior citizen living on a fixed income, these have helped me immensely. Cutting down groceries leaves money to go into travel fund! I love watching your channel and you’re always so practical. Thrifty does not mean poor!
@micheleboyle35472 ай бұрын
I’m in between places to live and my oldest is letting me stay with him…we haven’t gone out to eat since I got here….I’ve been on a healthy eating plan and he wants to lose weight so both of us eat healthy and exercise everyday….plus he used to use a laundry service….not now…I go do the laundry….hopefully in a month or two he can see some ares he is really saving money….i agree …takes time …..😊
@vlmellody512 ай бұрын
I agree. BTW: it's lose, not "loose."
@cynthia571692 ай бұрын
@@vlmellody51those darn typos! I do all my best editing after I hit the send arrow
@michaelmyerslovesbooks2 ай бұрын
I recently discovered Ramit, and I'm obsessed. The both of you together can easily help anyone who needs a lil help budgeting and saving.
@truthseeker63702 ай бұрын
I will likely Never automate cuz I love my budget too much! I love to pinch and save everything I can, to throw Everything extra I can at the mortgage and my savings. To me, deliberately planning and paying vs automating keeps me accountable daily.
@Leslie-wb8cb2 ай бұрын
I just posted my first listing on ebay. I have been out of the workforce for 15 years because I raised my son, while my husband worked. I'm trying to get back into a design job, but meanwhile, I'm trying my hand at reselling. I am a great thrifter, etc. and I am going to turn it into something to pay down bills. :-)
@chelseyschlutereichen90092 ай бұрын
My new goal in life is to retire at 55. 60 is attainable. 55 is my stretch goal. Im 40 now and have s good start. Your pep talk today makes me feel more confident. Like heck yes, I can do that! You are a great motivational speaker!
@emilygilstrap312 ай бұрын
I just need more money before I can make my goals. I went to a lower paying job. My previous district fell apart & I'm working on teacher cert. My husband is waiting to hear on a promotion 🤞🙏
@chevygirl82752 ай бұрын
I keep an excel spreadsheet and have a mail bin on the wall. I will NEVER do automated payments ever...except for my credit cards on minimum due and just pay more myself every month. I've had my account drained from Ober billing before. Also, when it's automated, you get used to not checking your bill and they can change your fees, raise prices, or make an error and you would never catch it until it's too late.
@CookingwithCatLover03302 ай бұрын
While watching this, I'm making banana bread with banana we didn't eat before they turned brown. Breakfast for a couple of days for both of us and to share with co-workers. Thanks for the videos! Video podcast idea: how to get out of the thought of "I don't want to leave the money so we spend it. We have credit card debt, a mortgage, regular house bills" One wants to be debt free one just doesn't want to leave it so spend it. Asking for a friend.
@carmarasmussen81182 ай бұрын
I love the climbing a mountain analogy! It feels like you'll never make it and you'll always be stuck in this place but putting one step in front of the other, especially during the hardest of times, is the KEY. Great video, thanks! ❤
@katiesnow3962 ай бұрын
Just started a journey of paying off debt… always have been frugal, but now trying to be extra frugal with a focused goal. Also, it’s hard to be patient when you are already doing the side gigs… thank you for the encouragement to just keep going!
@christinajones26372 ай бұрын
I'm in the mortgage industry and we will ask you for a utility bill from 6 months ago sometimes when we have concerns of occupancy. But I still agree that you can shred your bills and just grab the PDF version if anything is ever needed like that
@simplyfreedom1712 ай бұрын
Most utilities have the bills going back a year that can be found online for that situation.
@dianasimplifies2 ай бұрын
@@simplyfreedom171I hope so bc I quit keeping anything 😂
@peggypeters66762 ай бұрын
You are probably in that 5% and that is wonderful!
@nosnerd19672 ай бұрын
We do zero budgeting on paper -every dollar serves a purpose. We also struggled for several years after my son died, and my wife was home for 4 1/2 years raising our daughter ….We lived on one salary.
@TheSwimmom12 ай бұрын
Amen to automation!! 30 years ago I had a 16 month old and a 2 month old. I missed paying a bill beacuse one day my toddler put the mail under the front hall mat when it came in the door mail slot. I was so exhausted with the little ones that I didn't notice the bill didn't come in (although it actually did lol) It also tells you how often I cleaned under the mat lol. Automated and never missed a bill payment again.
@anniecampbell64062 ай бұрын
I read MMM’s site and like Ramit too. I’ve listened to Ramsey for years and followed all these principles. I’m in my 24th year of teaching, divorced, two kids, live frugally, never eat out or go on expensive vacations- but it feels like I can’t make a difference. I don’t have debt, but the living expenses just get higher. I wish I could do something other than teaching to make more money. A different career path isn’t obvious and salary’s seem even less than what I make now. I’ll continue some side hustles but I it really seems like the only way for financial freedom is a dual / high income household in this day & age.
@lanaday35572 ай бұрын
I think the biggest expenses are the housing & medical insurance… car payments eventually goes away, food could be minimized… but housing & medical insurance you have no control over 😬
@becky91942 ай бұрын
Agree. My medical insurance is my biggest expense after housing.
@chandrahernandez52012 ай бұрын
Rogue and Speedy for president!!! Lol I remember my 5th grade teacher walking in so happy to have finally paid off his student loans so I vowed to pay mine off early
@awakenedbyyhuhassembly601515 күн бұрын
Hi Christine My son And I love your Chanel What a beautiful family We love the segments that Dave joins in, he is so funny. Sharon and Doug from VA. Keep up the budget breakdown's we love them
@kristie87272 ай бұрын
That's impressive 15 years on the mortgage family of 6 on one income 😮
@lynnhendley89102 ай бұрын
I use Dave Ramsey Programs. I listen to his podcast show and his daughter Rachael Cruz podcasts and shorts. Great advice.
@marilyns60432 ай бұрын
Great video...again! Biggest things I've automated after I get my check (and my 401(k) and other deductions are taken): 1) alimony 2) mortgage, home insurance, & property taxes 3) tied between charitable giving and emergency fund 4) travel fund .... that's my 'fun money' item...that if I didn't plan for, would get eaten by the groceries.
@kirstenapriest2 ай бұрын
Love this video, Christine! My husband & I have only been married for 2 years and it’s so hard for me to be patient, but looking back at all the small wins and progress that’s we’ve already made helps me stay motivated!
@user-zl4rr1ic7wАй бұрын
Small wins over time equal big wins down the road.
@marybethcully58832 ай бұрын
We started slow as well , but we made careful choices and are now fully retired and enjoying a comfortable, fun life without debt.😊
@BannersglareTheDreamWriter2 ай бұрын
When you really think about it, 5% of people can't achieve financial freedom in the foreseeable future yet a large percentage of food is thrown out. If you juxtapose those two figures together and live frugally based on those findings, you might be able to cut back on your food budget and be able to make use of overstocked, perishable food products before they spoil. A food budget is an essential component of living, so minimizing the expenditure would make financial freedom possible.
@tiatowery64092 ай бұрын
Christine once again great advice I’m just learning all these things now and I’m 59! I wish I had this knowledge in my 20s but it’s never too late❤
@dawnm58342 ай бұрын
I love reminding myself that the time will pass anyways. So might as well get going now.
@kristineroehl99402 ай бұрын
My side hustle was merchandising. Only had to work a few hours a week, but it helped pay the bills.
@hello-vs4me2 ай бұрын
We never eat out
@pookysboutique2 ай бұрын
Live within your means. Period.
@madelineking91042 ай бұрын
My husband and I are fully retired, husband works part-time.
@BitsOfThisNThat2 ай бұрын
I hope the younger generation listens, because I get 500 dollars a month. No saving, no nothing.I can't afford to breathe, let alone live. Oh, to be young again. God bless
@JenMidwestMama2 ай бұрын
I love the Money Help Videos sista! Thanks much! We've been working on Baby Step 3 (6m emergency fund) FOREVER... ughhh its such a high amount and its slow going!
@user-zl4rr1ic7wАй бұрын
It is so worth it. Keep going!
@MsNeverboring2 ай бұрын
I really disagree with the throw paper out. I recently had occasion, in the process of an estate settlement to have to present financial records for years past, and even a divorce memorandum from the eighties. A good filing system is what you need. I do agree with the whole do not touch or consult it often... That is just stressful. File it correctly( no piles of paper hoarding) but being able to put my hands on it has been invaluable.
@dianasimplifies2 ай бұрын
Well almost all my papers are long gone. I never needed them in the past. Hopefully it will be ok. I do know it was helpful that my MIL was a hoarder bc my hubby found some papers that helped him with her shareholder farm issues but other than for the farm he didn't need the millions of papers she kept.
@hollypepen40122 ай бұрын
Thanks Christine. I’ve learned a lot from you the last few years of watching, and I’m leveraging that now. Got laid off last month and my husband and I just bought an old house. Selling stuff and donating plasma have been focuses for me in the meantime.
@angeltippit55792 ай бұрын
Lord I don't have extra $50 to save. I'm lucky if I got $5
@jackieo24032 ай бұрын
That's okay- still save the $5. It will eventually add up. Lots of people would say, "oh, it's just $5, not worth saving so I'll just spend it on junk/impulse item/ a want. But seriously, if that is all you , have save it. It will compound.
@shealodriguss6912Ай бұрын
I’m also a stay at home mom of four kids and my husband is a teacher! Haha I’m grateful the paychecks are higher than that now, but they are still tight. I love getting to flex my frugal muscles though!
@christywhitaker40212 ай бұрын
Hey!! Can you do a video or podcast on what “paper” we need to store for finances/home/family/medical?
@jeniisabellarodriguez81502 ай бұрын
Love the videos - I work a full time job, do a few side hustles, I think the key is doing something that you enjoy doing so that you actually look forward to doing it! I love shopping , I get things super cheap and resell them - I make about $2000 profit every month from doing this side hustle !
@georgekleven61642 ай бұрын
Thank You For taking your time to teach us how to fish. God Bless you and your family.
@jadeakiss9111 күн бұрын
I'd like to learn how to start a budget when you don't have a large lump sum at first I want to begin the budget with
@_mar_ta_2 ай бұрын
I really enjoy your money-related videos, thanks for making another one! As far as ideas for the podcast go, I'd love to hear whether someone whose budget you went over in the past reached out with the update of how they're doing. That would be interesting to see what worked, what didn't, and what they're still going through (since in most cases the changes you suggested were for the long haul).
@kristiezemlicka64452 ай бұрын
PODCAST TOPIC IDEA: Please, please consider talking about seasonal or inconsistent income. No one ever talks about budgeting when all of your income comes in four months of the year or even if you have an income every other week, but it's completely different each pay period (such as commission work). Our household income can change +/- $40,000 each year! How do you plan for that?!
@CrissieOsborn2 ай бұрын
I love your money videos! It keeps me motivated while I'm working extra hours and trying to get our debt paid off! I can't wait for more of these videos!
@MissJean632 ай бұрын
I’ve auto paid bills for years. I know what my utilities run in Summer and winter. I average the year and pay ahead. It evens out by the end of the year. I also have solar. Incredible money saver.
@elizabethzierke47332 ай бұрын
Do car and house ins deep dive. Also home maintenance ie furnace water heaters etc
@tressalewis70042 ай бұрын
I am so thankful for money garus, such as yourself, that have taught me many great lessons. A few months ago we were able to pay off our mortgage and now we are debt-free. My next goal is to get enough money in savings to cover a year of spending.
@gratituderanch9406Ай бұрын
I can’t automate cause we’re paycheck to paycheck. And sometimes we’re waiting for that every other week paycheck for some like mortgage. I also round up if I can to pay down principal as I can.
@lisabebbs175515 күн бұрын
Wonderful advice. Thank you for sharing. It's helped to keep me inspired as I tackle my debt! Hugs!
@joannevans82782 ай бұрын
We stopped going to Olive Garden for the same reasons! Homemade is so much better. our going out now is Costco for a Hot Dog:) What ould be helpful for first time home buyers is what to look for beyond the layout: ie celing water stains mold, was a permit pulled & how to find out if one was......
@michelleconcannon75842 ай бұрын
Paying off a house is excruciatingly tedious and it feels like forever, but no one ever regrets not having a mortgage. That being said, if you have a super low mortgage rate and high yield savings accounts are paying more, it might be the time to sock that money away there.
@lauracapozzolo46402 ай бұрын
Please put me on your list. I could really use your guidance and support to get out of the mess I'm in. I have watched you for years and LOVE everything you have taught me. I would love to learn more. Please teach me. I just love you ❤
@roslinney42852 ай бұрын
I remember when you were still teaching the online course and when you had the viral video. You have done amazing
@FrugalFitMom2 ай бұрын
Thanks so much!
@barbarajohnson3152 ай бұрын
Love you energy and common sense. Thanks for all the great tips
@tkwoebse754614 күн бұрын
Thank you for your positive content .You inspired me in some tough times ❤
@shellybain8283Ай бұрын
My husband and I are 58. He keeps "kicking the can down the road." I prioritize a "safe" future, and he prioritizes a "safe" today. He wants to have options and breathing room now. I retired 3 years ago and he can retire in one year. We will both have a state retirement check. How can I get him on board with dealing with budgeting and paying off our house now?
@beckysorenson55272 ай бұрын
I know what you mean about restaurants. We went to a Mexican restaurant a couple of years ago for my birthday and ordered chimichangas. We both said that we chimichangas I make at home are better. Besides, we live in a tourist town and the restaurant was down by the harbor. EXPENSIVE!!!!
@lisavoegtly14752 ай бұрын
Great video and advice. I cannot seem to automate my bills as my income fluctuates and I can’t pay the same bill the same day every month - sometimes I have to shift it a week earlier or later and I wouldn’t want to have money taken out if the money’s not there . There’s almost too much info out there - I get overwhelmed when I try to do research. Some of these tips I already do and have some for years and I’ll be reaping the benefits in a few years when I retire.
@DanaEigsti2 ай бұрын
Since you put in a Gilmore girls clip I had to share I found a Gilmore girls my favorite show tee shirt at goodwill yesterday for 2.75 I was so happy. Great tips I enjoy your videos.
@heathersmeather2 ай бұрын
5:01 I hadn’t been to Olive Garden in years. We went a couple months ago with friends for a date night. My husband and I both thought zupa toscana at home was better. I figure if you need to eat out and options are limited it’s okay.
@heathersmeather2 ай бұрын
Also, $13 for soup and slam is better than $10 at McDonald’s, which I don’t think has salad anymore.
@stephaniewaskoenig13872 ай бұрын
Here is a question I would love to hear your perspective on! For many of us the housing market is so extreme that buying is not always the best option. For our family it financially made sense to rent and save up for a down payment and we only recently bought (but as a result of the savings we were able to put more down on the home we really loved.) how would you counsel a family about the decision on when and how to decide to buy versus rent?