How I Save 60% My Income (My Budgeting Method)

[@AmericaRevere]

daniel please make more of these videos!!!!! i love seeing how you use your system!

[@OfficialEricGao]

With that random statistic stating that over 60% of Americans live paycheck to paycheck, videos like these are crucial for those that want to be financially independent! Saving money is a definite way to put yourself in an advantageous position later on, when that money can be helpful! Great Video Daniel!

[@Daniel_Braun]

I know that's such a crazy statistic! Budgeting sounds boring but I think it's so important because it's allowed me to feel so much more comfortable with my finances to do so many things. Thanks for watching Eric!

[@59jm24]

Bull shit If one does not make enough money, even the basics fall behind. Any unexpected expense destroys attempts at saving. Greedy employers take advantage of low end workers.

[@ItsMeCJ]

I can say this, being a single income household and paying rent on my own takes up a large portion of my budget. It sucks that so much greed entered into the real estate market in my area, but, increasing my income is the one thing that I have the power to do. Budgeting sheets like this one are very helpful so thanks for walking us through this 👍🏾 👍🏾

[@Daniel_Braun]

Yeah rent is a really tough part of any budget and I'm definitely fortunate to be able to split it with someone right now. It's gone up a ton in my area as well when typically rent was significantly cheaper than other places. Thanks so much for watching CJ!

[@coreyw5981]

Its funny how splitting with a partner can have you upgrade your place and still save. My studio for just me is 1250 but if i got 1bd with someone at my building itd be only 750 for me. Got a bigger place and saving a ton still

[@ItsMeCJ]

@@coreyw5981 yup, I pay $1925/mth for a 1 bdrm that’s small and there’s nothing spectacular about it. A two bedroom is about $2300/mth, so splitting that rent would help me to save. I’d need a spouse though cause I can’t deal with roommates. Been there, done that 😅

[@Fossilnotter]

I use Mint as a compiler for all of my credit card/bank transactions and then make a manual budget like this. I also put everything into a master spreadsheet and then use a pivot table that allows me to view the data by month, year, category, etc by simply selecting a different sorting criteria. Also, I think we were at PSU at the same time lol

[@CalbyNg]

YES! I don't like how people judge other people buying certain things like, Starbucks, and saying that is the ONE thing holding them back. It's not. There is only so much you can cut and save; but the real issue is income. Currently I'm budgeting by hand, but I might start using your excel document, thanks! And yes I would like to see a breakdown of your investments; that would be very interesting

[@Daniel_Braun]

Absolutely! Expenses can be reduced, but income is usually the main problem. That was the challenge for me and I know it still will be in the future, so that's where I'm focusing. Great to hear you budget by hand as well. And thanks Calby, I'll add that video to my list that I'll make soon!

[@CalbyNg]

@@Daniel_Braun Cool! Looking forward to it! Hopefully you didn't buy $PP 🤣

[@jacobsmith1173]

I 100% agree that manually budgeting with a spreadsheet is more valuable than using an app. Budgeting properly is the most important thing you'll do in your life. It allows you to take control of your finances and grasp the best possible future. This is at complete odds with trying to "appify" the process to avoid any effort. Me and my wife have been budgeting for several years and it has completely changed our lives. I have a similar spreadsheet that does a lot of forecasting too. It forecasts compound interest in all savings/investment accounts. It highlights mortgage forecasts and shows how much interest vs principal is being paid each month (for example, people may not realise that a 6^ mortgage actually equates to 80% interest and 20% equity in early years). Every penny is accounted for that we can predict for the next 5 years. As well as understanding net worth and retirement funds.

[@mrsp5713]

What a great positive and optimistic outlook you have. It is always better to start young congratulations on this. I am definitely sharing with my young adult children and I’m so grateful for the budget spreadsheet you shared. Blessings to you and your future.

[@JakeTownsley]

I've watched a couple of your videos over the past few days, super helpful man! Much appreciated.

[@SpencerJohnsonOfficial]

I always say you can only save so much money, but there's no ceiling on how high you can increase your income! It all starts with cutting unnecessary expenses though because lifestyle creep could still cause you to live paycheck to paycheck no matter what your income level is. This spreadsheet was super helpful too. May have to switch to this one for my 2023 budget! Awesome video as always Daniel!

[@makemoney6411]

What do you currently use to budget?

[@Daniel_Braun]

Exactly right! Step 1 is to cut unnecessary expenses after budgeting - but step 2 is to find ways to increase income. It usually takes time but it's worth it in the end! Thanks for watching and checking out the spreadsheet Spencer!

[@SpencerJohnsonOfficial]

@@Daniel_Braun I completely agree with you! And no problem at all. Keep up the great work!

[@empathicwarrior6390]

I judt finished doing this by hand on my computer!!! Im so thannkful i ran across your channel today. I will be using this tool going forward. Thank youu!!

[@lawrence112]

Dude I just watched your old Platinum unboxing video and wow your videos have improved so insanely in just a year! Your voice. Confidence. Editing. Please keep this content coming man!

[@Daniel_Braun]

Thank you so much Lawrence! Haha yeah I've gone back to watch that video and I cringe at how uncomfortable I felt on camera - it definitely takes time to improve but I'm so glad to hear you say that!

[@coupe_dville]

Wow, great information to create a budget or tweak your current budget and spending. Love the idea of viewing myself and my household as an actual business...that means I AM the CFO, CEO, chief information and procurement officer. Great more hats to wear. However, this is what a mom and wife is ALL about.🤗 Thanks for the great video!!! 💜💛💜💛

[@KS-jf6ed]

I hardly comment anymore, but I'm still always liking, clicking, and watching your videos! Another great video as always and so amazing to see how far you've come since I started watching. Congrats Daniel!! (Also super late- but also congrats on your engagement!) :)

[@Daniel_Braun]

I appreciate that so much! The views and likes are all I need, but thanks for the comment on this one too haha. I love that you've been watching and commenting for so long as my channel as grown! And thank you about the engagement, it really means a lot and I'm glad that I got to share that on my channel too!

[@beckycurtis6019]

Do you input line items/charges as you charge them to your credit card or do you add them as you reconcile your credit card statement?

[@eitherorbooks]

Daniel, I've been using a version of your template for a few months now and I've found it very helpful. I added some extra features like drop down menus and how much spent on each card to track SUB's. Thanks so much for sharing!

[@Daniel_Braun]

That's so awesome to hear that you're customizing it! Yeah adding drop down menus for yourself is a nice touch - glad to know that the template has been useful for you, thanks for watching!

[@BillyShears]

I've been trying to figure out how I wanted to start budgeting (using an app or a spreadsheet), and this video really help motivate me to try using an excel. It is more work but my life isn't that complicated that I can't handle it. There are some cool things you can do in, for example, the category cells by making a drop down of the range in the A cell. This would reduce the misspelling for getting the category summation working correctly.

[@jaleesa2u]

Thank you so much for this I'm on Excel now using the template.

[@Wiltothefee]

Thanks a lot for this cool budgeting tool

[@elena_a-2023]

I have no idea how your channel showed up on my feed but I am glad it did! You are such an inspiration. Thank you. I like this budget sheet. It is simple and easy to navigate. I have several savings accounts for various things that I “aim” for. My emergency fund is already almost to 6 months of expenses. Now, I am starting an “adventure” (travel) account and car emergency acct, and other one for BIG purchases. This year I am going to start a Roth IRA acct and I continue to add to my regular 401. I definitely need a side hustle quickly (so I can put all that money in investments). Thanks again for this great video.

[@PierceJPeterson]

Solid video man! Also, congrats on recently hitting 50K subscribers 👏🏻👏🏻

[@Daniel_Braun]

Thanks so much man! Hopefully will keep the channel growing haha. Congrats on your recent growth too with some of those million view shorts - your channel is gonna crush it in 2023 with KZbin's push on short form content!

[@mr.snulch]

This is an amazing video - subbed! I've been tracking my expenses and budgeting on double spreadsheets, but this just gave me the idea for how to merge them and compare my actual to budgeted expenses automatically in one sheet. Brilliant!

[@everett1115]

Love your advice, love the vibe! You seem excited for what you’re doing and the camera captures!

[@sahilpatel5298]

Dear Daniel, I recently came across your video on budgeting, and I wanted to thank you for sharing your insights and providing such a helpful Excel sheet. As a recent college graduate who will be starting a full-time job soon, your advice has been incredibly valuable to me. Your video has given me a better understanding of how to manage my finances and set realistic goals for my future. I appreciate the effort you put into creating this content and making it accessible to people like me. I have subscribed to your channel and look forward to learning more from you. Thank you again for all that you do! -Sahil

[@jamr2t]

How exactly were you able to add a row @ 5:55?

[@cameronshackelton3404]

Just watched your 14 credit cards video and found myself here. Fellow business and finance guy myself and I can tell you know your stuff. Good job

[@Daniel_Braun]

Thanks so much for checking out both of those videos Cameron, always nice to reach another Business/Finance guy! I love this kind of stuff so I appreciate when KZbin pushes my content out to the right people

[@mere_cat]

“Pay yourself first” is the greatest budgeting advice I’ve ever received. Make sure the money never hits your checking account and you’ll never be able to spend it!

[@Daniel_Braun]

100% agree! Pay yourself first and live off the rest

[@jessdb4736]

Yes I’d be very interested in your investment portfolio!

[@Daniel_Braun]

Awesome, I'll add it to my video list! Thanks!

[@neilfitz7186]

Great video thank you Daniel, in both content and style. 👍👍

[@jaycee8972]

Extremely helpful thank you!

[@judithgrace9850]

Good for you. I am so happy I moved to Queretaro in 2021 It is safer and 70% less expensive than the USA for me

[@makemoney6411]

Would love to see a breakdown of your investments and net worth!

[@Daniel_Braun]

Awesome, thanks! I'll add it to my list of future videos

[@moose5941]

New sub because of the free download. Thanks a bunch!

[@jacobharris2373]

Great video! Thanks for sharing Daniel

[@tn7778]

Awesome video! I have been looking for a good excel sheet. This will help me get things in order.

[@Marion1Money]

This video is priceless. To track month to month, you create one excel per month?

[@LK_EBM]

I started to use Mint the track where I was spending my money. It's been super eye-opening! I spent 66k last year

[@Daniel_Braun]

Yeah Mint was exactly what I started to use at first and it can be very helpful too! I think any sort of tracking or budgeting can be useful and help make us more aware of spending habits. Thanks so much for watching!

[@joshua.butler]

Budgeting is critical!!! 🤑

[@Daniel_Braun]

100% agreed! Budgeting has give me so much control over my money so I really enjoy doing it!

[@ChaseYokoyama]

Just like basic credit card knowledge, everyone should have a solid foundation on budgeting. A lot of times, the easy part is making money, and the harder part is keeping it.

[@Daniel_Braun]

Absolutely agree! Budgeting has be key for me and I really enjoy it honestly. Definitely hard to keep money that is earned!

[@mitchellwach5796]

Great video! I’ll have to look into that budgeting sheet. Thanks again for real life knowledge!

[@sjg6158]

Dan - it's far easier said than done about asking for a raise and/or changing jobs. The Great Resignation yielded some short-term benefits to many but is now starting to hurt them. Those employees who "complain" about salary, and/or changed jobs are often the first out in a tighter job market, and I know many who changed jobs and failed due to overrating their own drive and skills, while not being prepared for the rigor and demands of their new companies. That being said, I like your views overall on budgeting. The tough one to budget for are those one-off expenses like a serious repair to a car, or medical costs. Good job though on this.

[@Daniel_Braun]

Oh yeah no doubt, like I said increasing income is much easier said than done! Everyone should still put effort and energy into increasing income over the long run though - it just might take some time. But advancing in a career and starting a business should always be something to work towards! And yeah one-time expenses are tough - but that's why having 3-6 months (or more) worth of cash savings is so important to have as well! Thanks Scott, appreciate the comments as always!

[@Maxyman1320]

Great video! I also just made a similar budgeting sheet and find it very helpful but I just gross up all categories monthly. I also include what I am saving and investing for as part of my plan, like I was surprised you did not have retirement and specific savings monthly allocations, such as for travel or other large expense built in to your plan. One piece of feedback is maybe make a video going into long term plans based on budget and how to prepare for expenses like a future down payment or car.

[@Daniel_Braun]

Thanks so much for watching Max! Good to hear that you made a similar style of budget! Yeah I didn't really touch on what I invest in with this video because I don't count that as expenses. I basically take whatever my leftover cash is after expenses and then I have automatic contributions to a Vanguard total US stock index fund in my brokerage account. I max out Roth IRA and HSA when I can too. Then any excess cash right now is going back into my business / saving up for a down payment on a house. I think that's a great video idea for taking this kind of budgeting plan and then relating it to saving up for long term purchases like you mentioned! Thanks for the comment!

[@sjg6158]

#1 that many people don't want to admit - living alone is a LUXURY and not a necessity. While you may not be happy living with a roommate or two, and there are certainly drawbacks, it can save you a tremendous amount of cash over a few years, especially if you're just trying to gain some form of financial growth or stability.

[@Daniel_Braun]

Yeah finding ways to cut down the housing expense is so important! Having roommates is one way to go. Living at home with parents or family if available is another option many people do (if they can, not always an option) - but house hacking is another big opportunity that some people do as well. Definitely more work to house hack but that's what I wanted to do before

[@TrueJames7]

Love spreadsheets, but eventually as your financial life gets more complex, the sheer number of transactions per month across all accounts makes it prohibitive to budget all by hand. I think doing reviews of services like YNAB, Mint, Personal Capital, etc. could be good future videos! Love the content, glad to be here to see your cannel grow. Keep it up!

[@Daniel_Braun]

Yeah I think it all depends on an individual's financial situation. If everything is under control and there's a lot of transactions, then an automated service like those can be great! If someone wants a lot of oversight, or if they're like me and want to know where every dollar is going - then hopefully a budget by hand like this will help. I'd love to make a video about some of those other apps and services though, so I'll add it to my list of future videos! Thanks so much for watching!

[@corinnenierzwicki4042]

Great video, Daniel. It's a few weeks early for planning, but my New Year's Resolution will be to actively budget in writing app rather than estimate in my expenses and savings in my head. I'm going to play around with apps this month, but I definitely will try out your spreadsheet as it seems very intuitive!

[@breezybre2670]

Try Every Dollar or You Need A Budget. They are both good.

[@MannyCovington]

This information is helpful to so many people, especially for those starting young! This is such a valuable topic!

[@kylevangundy5154]

Great video as always. I’ve been budgeting like this since 2014 for the exact same reason you say in the beginning of the video. I go by the saying “what’s not measured doesn’t improve”. Treating yourself as a business is absolutely spot on! I’ve continued to make updates to my spreadsheet and my latest version and process for tracking/recording is is the same. I wanted to watch this video as a check and adjust for improvement opportunities and am very glad this information is being shared so I can pass along to my friends and family for when I’m asked about my budgeting practices. Thanks for confirming my process is what the pros are doing!

[@Trevor-Watlington]

Really great video and budget man, I will definitely be using this.

[@Daniel_Braun]

Glad you liked it! Thanks as always for watching 👍

[@mateenatlas]

Great job Daniel!

[@sterthom27]

Hey Daniel, will you share where you got that shirt? Appreciate it!

[@moneywithpriscilla]

very informative video! budgeting is such an important skill and I fully agree that instead of looking at is as being restrictive, it should be viewed as a means to be more mindful in our spending habits.

[@HowToAnalyst]

Great video - run yourself like a business, love it!

[@Daniel_Braun]

Thanks Pete! Yeah I think that's such an important thing for anyone to do!

[@lianalonge1984]

Awesome video! I was taught to pay my bills then pay myself (save). 😊

[@Daniel_Braun]

Thanks so much for watching Liana, I appreciate it!

[@austingeyer4789]

Hey, I’ve been obsessed with your videos the last few months I’m 21 years old with a 738 credit score and I was getting really excited about the chase trifecta but I was denied for the sapphire card do you think I should just use the other 2 cards or try for the capital one venture X I’m a pilot so getting the 10x on hotels and cars would be great thank you I love your videos there laid out so well 😊

[@erickrivera395]

Daniel, I have a simple but (maybe) stupid question. At the end of the month what do you do with the budget information of the month? Do you save and export the file then reset it? Do you just edit stuff as the next month comes along? Thank you for this video and for the value you bring to our lives, this was exactly what I needed at the perfect time in my life!

[@sabribox]

Duplicate the sheet. Don't delete what you've done, you'll need it down the line to see how you're doing

[@eduardazayev4230]

How you keep track of small expenses, like coffee, maybe with a bagel? Or just gum, or buying toothpaste? You come home and enter that expense?

[@Daniel_Braun]

I just go through my credit card statements every week or every other week and input whatever is there. If it's a really small expense I paid in cash then I'd probably just leave it out, but 99.9% of my spending outside of rent goes on a credit card

[@mets3214]

Thank you for your fantastic budget sheet, it is similar to what I currently use and am going to modify it for my needs. However, I wanted to ask how you budget for yearly subscriptions on the sheet (most of subscriptions are yearly)? I currently divide it by 12 and add the "monthly" cost to my budget and place a "payment" for it at the beginning of the month

[@ianjohnson6613]

Love the video and the spreadsheet, very helpful and your breakdown was super easy to follow. One question though, if you split some expenses with a partner, should you be exclusively using the 2nd tab for 2 people or a combination of both tabs? I'm just a bit unsure of how to reconcile my person expenses with the shared ones/thing I'm getting paid back for and vice versa.

[@Mr_Kirk_]

Is each month just a new sheet?

[@makemoney6411]

What brokerage account do you use?

[@Daniel_Braun]

Mostly Vanguard for automated index fund investing. But I also use Robinhood and Moomoo from time to time for small investments in individual stocks. I'm more interested in automated index fund investing though because it's less time-consuming

[@healthfit77]

Does your template work with excel

[@KurkioKrazy]

how do i save this in google spreadsheets? i downloaded the file but idk how to get it to google spread sheets

[@kotaac.]

Just started this for next month

[@ThePerfectElement555]

Great video! I started using YNAB a few years ago and have been really enjoying it. It's a fairly similar system to what you have laid out in some ways but of course higher fidelity with apps, account balances automatically updating when you record transactions, prepopulating Vendors based on your location, etc. I also like how I can use it to manually record transactions like you mentioned to keep my budget top of mind, and I don't have to trust it with my banking credentials like many other budgeting apps.

[@MrLimelights]

Where would be a good seperate place to put money aside to pay for taxes later?

[@CC86CA]

Stick it in a high yield savings account.

[@jsadenwalker1796]

I'm turning 18 on march 26th. I am looking in to credit cards to start building credit, can you recommend any credit cards or companies? I use usaa youth spending and savings accounts and am looking into navy federal.

[@peterbeaumont4755]

how do i get the budget template

[@arp9936]

hey how did you get your Verizon phone bill so low?

[@makemoney6411]

Just turned 18 and somehow got approved for the Discover it cash back with no credit history and a $1,000 credit limit!

[@Daniel_Braun]

Awesome, that's a great first card to start with! Discover is good for approving people that are new to credit, so now you can build your score and learn how your credit card works. Thanks for watching my channel, let me know if you ever have any questions!

[@MoneywithDan]

I recommend tracking income and expenses in Excel

[@Daniel_Braun]

Yeah tracking income and expenses in any way like that is so important I think!

[@jorgevazquez890]

I cant seem to open the link to the budget template. any help please

[@spaten2232]

What kind of IPAs do you like? (I saw that on your old budget :D)

[@stilos4321]

I tried that I worked at McDonald’s for a year did okay but the IRS almost got me so what advice you have for that I don’t wanna owe the IRS i have a friend who owes IRS and it’s just insane what he told me how the payments are made and I ask this because you mention income increasing

[@Karlovd]

Can you change currency from usd to eur?

[@ChillingwithCheeds]

Is there a way to see how much total cash back you are earning from each credit card per month on the spreadsheet?

[@dbest4755]

Daniel - wait until kids start to show up, burning cash is common...

[@thedufloth]

Wait for the second one to check your bank account again. 😅

[@Daniel_Braun]

Haha yeah I believe it! I'm trying to set myself up now so that I'll have plenty of cash saved and plenty invested for when I have a family in the future. Budgeting with 1 or more kids can be a challenge I'm sure!

[@kheriphillip878]

Literally Jan 1, I gotta spend $800 on my kids 2 cavities.

[@ninevanillaninjas1018]

​@@Daniel_Braun This is very much true. I have 8 kids (10-2 years old) and I am only 33years old. I don't have a lot of flexible income but my wife is a miracle worker with food and we only spend $500-$600 a month on food with 10 people. Now we are saving 25%-30% of income as we have been able to increase our income

[@zacharybrooks9053]

@NineVanillaNinjas Bro! How is she doing it, only spending $600 per month on food for that large of a family? My wife is a super savvy shopper and our grocery bill for our family of 6 is $800 per month. Would genuinely appreciate ANY insight you’d be able to share.

[@DAMotorsports]

Doing this will have you feeling like you got a raise.

[@Daniel_Braun]

Absolutely! A penny saved is a penny earned - and anyone can save a lot more than a penny with the right budget!

[@josephbarone239]

Idk y its so hard for me to balance what i use my debit card for and my credit card for

[@John-bq9bj]

Having an extra $6k after expenses is really fucking good. Good budgeting is definitely an underrated habit.

[@donaldlyons17]

If he made too little money even a budget can't save him!!!!

[@jj-bu6yb]

I really tried but never worked for me ( excel budgeting)

[@spencerleo5126]

What shirt is that man I would rock thise

[@daveisdead]

500 high for groceries?? Lol I’ve been eating the same meals almost every day for 4 years(I meal prep) and my monthly food budge increased from 600 ish to about 900-1000. I buy the exact same things, exact same amount every month. I’m into bodybuilding so I track every single oz of food I eat. Inflation is insane. This has killed my savings for a while

[@Daniel_Braun]

Yeah food costs have risen a ton - my food budget has risen as well. The meal prepping can help sometimes, but if you're eating even more than me with bodybuilding then it's hard to avoid to costs. Certain grocery stores can be a bit cheaper but overall food is tough to cut down sometimes

[@andyking4701]

Good Breakout Daniel

[@camaranpayne5355]

How much money is a good amount to save for a 25-year-old?

[@Daniel_Braun]

There's not really any amount that is "good", it's just finding a way to live below your means. It's tough to do and takes some time - but the more you save now, then more you can invest and grow your wealth over time

[@EatYourWeetabix]

One thing... inputting your brokerage acct market values every week when the market is falling might make people act emotionally & irrationally

[@Daniel_Braun]

Yeah I think that being able to disconnect emotions from investing is a topic for another video entirely - easier said than done to do that haha. But automating investing can help. You're right though, seeing account balances fall might make some people sell so it's important to think long term above all else when it comes to that. That's why having the 3-6 months (or more) worth of cash saved is so important - the money for savings is just for that. And then the money invested should not be touched so it can grow! I definitely wanna make some content on that as well

[@SOXGATORS]

👍🏻

[@Daniel_Braun]

Number 1 comment again, thank you! 🥇

[@Yu4got]

Or you can use mint.

[@Daniel_Braun]

Yeah like I said at one point in the video I think budgeting apps can be useful. The only problem is that the automation limits oversight. If you're already is a really good financial position then Mint is probably a good option. But if saving and understanding spending is the goal then I think budgeting with a sheet like this is better. Or if anyone is like me and just enjoys tracking their finances then I prefer budgeting by myself too haha

[@TartarianTopG]

Why can’t you have a one bedroom?

[@Madge778]

my income is 3300.00 a month, not much room to save 60% of it and still live.

[@nicanzalone1]

$55 for a haircut?!? Those barbers charging an arm and a leg! We’ll call it an investment in getting more likes and helping the KZbin algorithm!

[@Daniel_Braun]

I was waiting for someone to call that out! Lol yeah it's a little overpriced but I like what they do and I hate changing barbers once I find one that I like. Plus I get a free beer there so I'll count that as a bonus!

[@tristram0073]

I think everyone should live paycheck to paycheck, using every dollar of the money the make and using it with a purpose. Never having money just sit just to sit, not including an emergency savings account of course. Whether you make 100$ a week or 100,000$ a week you should be using all of it with a purpose and leaving yourself with little to no extra until you get paid again.

[@uniquenamebyme]

This not hate, but please have a prenup if you're going that route

[@breezybre2670]

Wow. I'm shocked. Not by the savings per say....good job on the high income! I a shocked by the spending. $3300 plus an additional 1080 in rent puts you at $4380 if you were married and the sole wage earner. Plus then your grocery bill would likely be higher. I was wondering today why it costs us $7000 minimum to function . We have 6 kids and one income. Good to know I'm not crazy.

[@ReaISlim]

Hey Dan, Life insurance is something you and your fiancée should seriously look into. A lot of young people overlook the importance of getting started early with their life insurance and locking in their rates while they’re the youngest and probably healthiest they’ll be for the rest of their life. I’m 24 but a good portion of my income goes towards life insurance every month because I know how useful of a financial vehicle it is

[@ReaISlim]

I’m currently transitioning out of the insurance business because I realized a career in sales wasn’t for me, but I’d be happy to answer any questions if you or anyone here in the comments had any about it

[@simbanuba]

👍

[@Daniel_Braun]

Thanks for watching Paul, appreciate it as always!

[@matthewvillegas6494]

Awesome Dan! Welcome to adulting

[@Isaiah094]

Bro how did you get $28 internet?😭 is that cause you and your girl splitting it?

[@cramsa]

60% of gross income?

[@dnah02]

I would cut KZbin ,Hulu, apple tv, Spotify, and cut dining out.

[@nedtechgirl]

you could cut out youtube prem, spotify, apple tv, lower hulu and save over $30

[@Daniel_Braun]

Yeah lots of ways to cut back if I need to. I do like using those things thought so I'm fine paying for them - but I'll probably cancel Apple TV honestly

[@nedtechgirl]

@@Daniel_Braun Ive used Pandora free for years, maybe worth trying instead of Spotify

[@aurorasanchez7922]

I need a budget $1000 every month. For 4 adults at home.