How I Budget as a Minimalist

[@thequietcatlife]

Literally updated my projected budget for next month by rounding up my bills and expenses and honestly felt at peace knowing how clean it looks and knowing I won't over budget. I recently started living alone and I'm a bit overwhelmed with managing my finances, so watching your videos has been really helping me a lot.

[@NicholasGarofola]

Thanks for watching!!

[@duncanfilshie2650]

I really like the idea of having everything due on the same day every month. Genius!

[@Budgetmeright]

Now that I think of it budgeting and decluttering started at the same time for me. I can see the connection right now! Thanks for sharing 💜

[@NicholasGarofola]

Wonderful! Thanks for watching 😊

[@MartinCliffe]

Very helpful tips here, thanks. We went through a significant life transition in the last year, and it's taking time to adjust, so a reminder of things like this are very useful!

[@NicholasGarofola]

Glad it was helpful!

[@gilliangreen7563]

Hi Nicholas. Another great video of value. Hope your well and your cute cat. Have a great weekend 😊

[@NicholasGarofola]

Thanks Gillian 😊

[@donpe6361]

Damn brother, I just realized you have 17.7k subs now, I started following you at like 6k subs. Good shit my dude 🤙🏽

[@NicholasGarofola]

Appreciate you sticking around!

[@hidayahmeep7625]

The term you're referring to is lifestyle creep if I'm not mistaken. Thank you for sharing these great tips!

[@techno31]

I’ve watched may minimalist budget videos, but this one I feel like has some less obvious tips that I can actually implement, not like the vids that are like “oh stop buying coffee out every day” when I already don’t do that!! I like the rounding of bills and income, def gonna do that. Thanks!

[@NicholasGarofola]

Thanks so much!

[@SM-yy2vg]

Great tips. I have the dates of my debt being paid 2 days after my pay day. I always transfer whatever money was left at the end of the month over to the savings. Slowly but surely the nest egg is increasing.

[@zachparade2791]

Great tips! I particularly liked the idea of getting all your bill due dates moved to the same day. ✌️and say hello to your beautiful 🐈!

[@NicholasGarofola]

Will do, thanks Zach!

[@johannathorisdottir2456]

We did a total overhaul of our finances and wow now we actually have money and it feels so good! And we have stopped impulse shopping ahhh!! And whenever i go to the mall i don´t feel the need to buy stuff just shopping with my eyes. Awesome tips 👍

[@NicholasGarofola]

Very true! Only thing I’ll be buying soon is another trip to Reykjavik 😅

[@docalisavlogs]

The term you were looking for is "LIFESTYLE INFLATION" Your expenses or lifestyle increase as your income increases.

[@zachparade2791]

Also, sometimes referred to as lifestyle creep.

[@romyhistorillo9757]

Most of the habits you shared with us are already in use since I was in college. So am I. I don't want to pay my bills on different days, because, just like you, I get stressed out and forgetting to pay a certain bill for a month when I do that. So to make it less stressful, I adjusted my bill dates where I can pay them all at once in a day, and worry about it for the next month. :)

[@timothyswauger3984]

I had that problem too so I went on auto pay for every utility bill. It made bill paying a breeze.:)

[@harrietyawson5411]

I like your minimalist lifestyle

[@caelointheclouds]

Thanks Nicholas!! I really like the point you bring about moving the bill dates around to accomodate your pay dates so they arent in between! Thanks!!

[@NicholasGarofola]

Thanks for watching!

[@n_2289]

Spend on stuff you really need first then save. I learnt that when I lived alone. I bough fridge and stuff I need then I saved after having all the stuff I need.

[@ElijahGilliam]

Can we see a full house tour of your minimalist home and how it is decorated entirely?

[@NicholasGarofola]

I plan on it!

[@DavidDavisDH]

I bought some stuff that I can reuse like a reusable sponge in the shower, not buying paper towels instead using towels that I can throw in the washer. I definitely agree with buying higher quality over buying the cheapest item just to buy it over and over again.

[@hartlink]

Hola!, Recently I found your videos and I started watching some of them and this on particular I find a great value for me, they was an awesome tips, Im with you on the part of buying quality item that the cheaper one, I already struggled that when I need to change some item a few month later, but I want to add that this is not a rule of thumb, some items are cheap and have a lot of value, like your chair, also is important to review items so we can find the most suitable for our needs. Thanks for sharing, amazing content and keep going.

[@NicholasGarofola]

Thanks so much!

[@tiashadae1143]

Great video, thank you!!

[@NicholasGarofola]

Thanks Tia 😄

[@JoamarJohnCanosa]

Thank you, Nic!

[@NicholasGarofola]

Thank you!

[@shanepalmer2008]

Extremely helpful video. Great work here!

[@NicholasGarofola]

Thank you as always Shane!

[@thebattcave5851]

Thanks for this video, it's been extremely helpful 🙏✨

[@NicholasGarofola]

Thank you 🙏🏻

[@VIVEK-oh6jv]

i am only here for your aesthetics it's so soothing and possitive try add some nature shots and just a room video of few seconds rotating camera 360like something that ... hope you do good man !

[@NicholasGarofola]

Good idea! Noted😊

[@Long_live_ahlem]

I’ve been binging your videos for the past few days and the fact that on this one you just say “consider subscribing” instead of “consider shipping the subscribe button across the Atlantic as a prank” was more unexpected than the normal way lol

[@NicholasGarofola]

@@Long_live_ahlem yes it wasn’t always a tradition 😂

[@Dannyjeon1]

Thanks for the tips! Hands down best channel. Love the content.❤️🙏

[@AnnaPinguin]

I would like a little more explanation regarding the budget

[@CBPone]

what is that brown covered notebook you have? looks nice! send a link please.

[@Mr_Crypt]

Thanks for the tips! I can agree on all of the points in this video, and have started implementing some myself. May I ask, what banking app do you use? Mainly asking for the monthly overviews of what you spent.

[@NicholasGarofola]

Chase 😊

[@Mr_Crypt]

@@NicholasGarofola Thanks!

[@gargar8]

It’s called propensity to consume, the proportion of total income or of an increase in income that consumers tend to spend on goods and services rather than to save

[@dearsoftlife]

Im so glad I found your chanel. I didn't grew up with a lot of money, then I made some money by myself trading and was very irresponsible with the money I got, eventually loosing it. Now at 30 (almost 31 😅 6/26) I'm trying to learn how to respect my money and be more intelligent with my expenses.

[@NicholasGarofola]

I can relate 😄

[@dearsoftlife]

Hey @NicholasGarofola quick update over here!! Guess who is moving from a 3 bedroom house into a studio..., yup! That would be me!!😅 Thanks for being part of all the motivation I've found on YT!🙏

[@buffalowings3215]

The phenomenon you're thinking of is lifestyle creep

[@NicholasGarofola]

Thank you! I knew it had a specific name

[@garyrobinson8665]

I have two separate bank accounts. One for bills and one for savings/spending. I leave a set amount in my bills account every month and put the rest in my spending account. This way I know I've got enough money to pay the bills over the years.

[@GabrielMartinez-sd8pc]

Lifestyle creep is real and I’ve been a victim to it. You gotta catch it, confront it, and adjust the budget.

[@ensobasho6633]

Can we know what bank helps you budget? Thanks. Great work.

[@aldnav]

Thanks! At 03:37 are you going for “lifestyle inflation” as the term or something similar?

[@ewsweuxj]

lifestyle creep i believe!

[@hrbob8349]

Soothing voice 😊

[@NicholasGarofola]

Thanks!

[@mignoncobra]

I'm always here for the on point editing! lol (How did you add the cute little white motion pictures, if you don't mind me asking?) Amazing video as always, Nicholas!

[@NicholasGarofola]

Thank you Nathalie! Just some plugins that I found for Final Cut 😊 or I draw them on procreate and screen record that

[@mignoncobra]

@@NicholasGarofola Ohh that's so clever! I never thought to just screen record me drawing...what an editing hack, I'm def gonna try it! lol Thanks for sharing the wealth of knowledge, Nicholas!!

[@timyoungnc]

Excellent content!

[@LifeOrdinary87]

Lifestyle creep is the behavior ❤ is when you make more and you end up spending more. It's real and can sneak up on you if you're not careful and disciplined.

[@annettesjournal3637]

Thanks for the tips! May I ask what microphone did you use? The sound was great~

[@NicholasGarofola]

Thank you so much! Zoom H4N

[@federicacaruana]

Hi Nick, do you use an envelope system or virtual vaults/accounts to distribute your cash after budgeting? Some people take enough to save and pay debt but they don't control every dollar. What's your method?

[@NicholasGarofola]

I like envelopes!

[@leonardo.recendez]

Where do you get your short pants? Look cool.

[@realrohitpanwar]

Great content 👍

[@andrewminjiras5745]

Is it cheaper to fix a pretty good used car than to buy another more expensive used car?

[@Hiiipowerdanni]

Love your content so much! Great video! Could I hire you to edit my videos??

[@NicholasGarofola]

😂 Sure thing!!

[@prepperboss]

It’s called Parkinson’s law whereby expenses creep up to match one’s income.

[@TimelordUK]

You almost smiled 😀♥️

[@NicholasGarofola]

Almost 😅

[@TimelordUK]

@@NicholasGarofola lol I still love you Nicholas 🤣

[@CBPone]

3:45: it is called "lifestyle inflation"

[@flufftronable]

I think it's called lifestyle creep🤔

[@aadermalla4323]

Hedonic treadmill

[@shehnazbano3486]

Hope you well

[@f00heba]

Hello sir, i want to say something. First of all, i really love your videos. They are so inspiring and beautiful. But i want to ask that, how can i add subtitles to your videos?

[@phoenixbyrd79]

Click CC button in video window, youtube will autogenerate subtitles.

[@f00heba]

Actually i know that but for example, there's no Turkish subtitles. We should add it. But i don't know how can i do it.

[@Mr_Crypt]

@@f00heba You click to turn on the English subtitles, it will say "English (auto translate). Then click on the subtitles sub menu again and click on the "auto translate" button, then click on your language. Happy to help!

[@f00heba]

I did it, thank you so much for your help guys :)

[@NicholasGarofola]

Thanks for the assistance everyone!

[@markangelosaavedra925]

Hi Nic! I would like to ask, have you quit social media?

[@NicholasGarofola]

I have ✌️

[@markangelosaavedra925]

@@NicholasGarofola thanks for responding! 🤗

[@markangelosaavedra925]

@@NicholasGarofola Hey Nic, how do you feel when you’re travelling without having social media? Like when you’re not posting anything online except on KZbin? 🥹

[@nivenmoussa1663]

❤❤👍👍

[@jennyjenny3531]

3:36 "lifestyle creep" or "lifestyle inflation"

[@gabewally]

Nice haircut dude.

[@NicholasGarofola]

Thanks so much Gabe!!

[@actuaryaltair6280]

lifestyle inflation might be the term.

[@sammygeorge7584]

3:35 lifestyle inflation

[@hecron]

Lifestyle inflation

[@benjierosecarmen4148]

Lifestyle creep @ 3:45

[@evelynbarry5046]

Lifestyle creep 3:36

[@sal5034]

Do u have instagram?

[@NicholasGarofola]

I do not