HOW TO BUDGET & SAVE 💸 | tips on healthy money habits

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Managing our finances can be confusing, so today I’m sharing my tips on HOW TO BUDGET and save- I’m not an expert, but these steps have helped me feel more confident with my money so I wanted to share them! I hope they give you ideas/inspo ☺️
FREE SPENDING TRACKERS: view.flodesk.com/pages/5fa353...
Budgeting spread ideas for your journal:
• Bullet Journal SEPTEMB...
• Bullet Journal MARCH P...
Mint Online Budget: www.mint.com/
*Microsoft Excel: go.magik.ly/ml/12227/
TIMESTAMPS
00:00 Intro
01:12 Reviewing your current money habits
02:38 Spending guilt (how to deal with it)
03:54 How to make a budget
06:37 How to deal with fluctuating income
07:35 Why you need a spending tracker
08:49 Making room for fun
09:56 Savings - emergency funds
10:53 Setting savings goals
11:54 Give yourself incentives
12:28 Finance check-in days
12:44 Resisting impulse purchases
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FTC: This video is not sponsored. Some links in the description box (marked with an *) are affiliate links...I earn a small commission on purchases made through those links...there's no cost to you, but the commission helps make it possible for me to continue creating videos for a living :)

[@dannigibson7741]

I remember Chris Hogan once said ‘if you can’t afford it twice then you can’t afford it once’

[@m_here1]

My favorite budgeting tip is to do an end-of-month reflection on what you spent and why. I feel like it really helps to take the time and journal about your spending so that you don't immediately feel guilty. Instead, reflecting allows you to work through your feelings about spending in a healthy way and thoroughly review your purchases. It's helped me a lot mentally because now I don't immediately get anxious over how much money I spent each month because I gave myself time to reflect on why I spent that money and how the purchase made me feel.

[@jurottluff2364]

This might sound weird, but I motivate myself to use my spendings tracker/budgeting tool by having a really fun excel spread sheet with dynamic formats and fun graphs

[@miriambing2162]

I‘ve made it a daily routine to check my bank account in the morning and in the evening and it has helped me so much with me not overspending

[@uzKantHarrison]

Budgeting became incredibly easy for me after I decided to be VERY ambitious (in the sense of really limiting my monthly expenses) and it became a challenge. now it's fun

[@bethanykatedavey]

One of my best tips when I was on a lower income whilst studying and trying to pay off some debt was to set up some extra accounts with a different bank (no fee ones!) for my long-term savings and for money I took out of my income for rent, short term expenses (eg monthly gym membership; haircuts; car insurance) and longer term expenses like a trip to the dentist; car service; car registration etc. Having money aside for the longer term expenses in particular really helped and bills didn’t sneak up on me! I estimated both my monthly and yearly expenses, divided that number by how many weeks were in a year and put aside some money each week.

[@kburns3035]

currently trying to save up so I can move out of my parents house, this gave me some good ideas!!

[@deborahlee7975]

Excellent tips! We did the 'take a look at your current habits' and found we were spending heaps (way more than we ever imagined) at the grocery store. Setting an amount we wanted to spend and switching to cash helped enormously. Then along came COVID (many stores don't take cash)...we have to get back to tracking grocery store expenditures. They add up fast!

[@Mymakermovie77]

Love that you made chapters in your video! That's really helpful for when I look back on it :) ✌️ My main tip would be to check in every 2-3 days in your banking account. Have a look if a lot of money has "magically disappeared" or if you made some purchases you can maybe still return if you regret it! 🔍 (Also very handy because I'm forgetful about paying people back or the other way around so that's a nice time to remind yourself to ask for those 3 euros for that one cookie LOL). 🙌 AND ALSO YES for making money video's less of a taboo because we could all use some tips and tricks here regarding money and budgeting 💙

[@Melrae01]

Wow, I was literally just trying to decide whether I should rewatch another Caitlin's Corner video or find a new finance video and this notification popped up!! That was eerily good timing. Great video!

[@caitlinmariedasilva]

WOAH! am I reading your mind?! 🤯😂 Thanks Melina !

[@isabelsdigest]

I’m always rewatching them during the week while I do other things, they are so relaxing! I would totally listen if she had a podcast

[@Melrae01]

@@isabelsdigest Same here!! I can't count how many times I've re-watched her meal prep videos. I find them oddly comforting lol.

[@mohini7858]

Gosh, Caitlin! You make my fridays beautiful.

[@caitlinmariedasilva]

😭❤️ that is so special to hear! Thank-you!

[@lonnekefalk2560]

Oww, that’s sweet!!🥰🥰🥰

[@tiffanyima4250]

OMG the budget tracker is awesome! I was going to use a boring spreadsheet but this is WAY better and more likely to be used.

[@rheaval]

This is my favorite video of yours! I always go back to this and even downloaded it 😊

[@ThatGingerHannah]

I needed this as a refresher. I'm a spending fiend. I spend money like it's not going to go away and I end up shooting myself in the foot way before my next payday and I am paid biweekly so I have to make that money stretch. But instead I snapped my fingers and the money is gone. Thank you for this!

[@Lyra_ellem]

I don't tend to give a thumbs up button in every video because I only like to do it when I really really liked one, and girrl you got it in this one. I'm an economist and I know how hard is trying to explain concepts like budget or saving methods in a simple way that everyone can follow. But it's also even harder to make it funny, just like you do! The movie scenes at the beginning and Ariana Grande example, or even the spatula one (i feel you in that one btw hahah) were so cool. Hope you keep doing this because you are so good at it :)

[@dtera2017]

Your examples are honestly so relatable, don't even worry, you're not crazy I promise We bOTH crazy

[@j.monserrat2180]

Not too long ago I watched a video where they mentioned: If what you want to buy is going to leave you without savings, you can't afford it. If the monthly payment represents more than 30% of your monthly income, you can't afford it. If the monthly payment is not going to let you set money aside, you can't afford it. It's not the best advice but it stuck with me.

[@alyssathulmann7028]

love the schitt's creek reference at the beginning

[@terkateru]

Every week I look forward to your video upload! =) For about a year now (thanks to your budgeting spreads) I write down every payment I make and it's so helpful! Thank you so so so much! Have a fabulous day

[@torischerle]

Fridays are my fav!! End of week, I post on my blog and I get to watch Caitlin’s videos 😍 ps I love when videos like these have chapters 🙌🏼

[@caitlinmariedasilva]

Awww thanks Tori !! Honoured to be part of your Friday routine 😭❤️ and thanks for letting me know- I find them helpful as a viewer so I try to add them whenever possible!

[@anaellebihannic5271]

Love the intro! 😍 Great video to start the weekend :3

[@christinaprodromou1505]

This was so helpful! Thanks Caitlin!

[@shabnacader]

Loved this video. So helpful!!!! Thank you for sharing

[@merlinpeter2910]

Wow! Watched the first clip and got confused if I clicked the right video! 😂 Interesting twist to your intro! Loving all your new videos! ❤️

[@caitlinmariedasilva]

Fun to spice it up 🤪🙌 thanks for the support Merlin! Have a great weekend ❤️

[@merlinpeter2910]

Also huge Schitt$ Creek fan! ❤️

[@karaking4871]

Such good tips! Loved the video!

[@juanmoliner6667]

I go around spending money like I’m rich, quite frankly I’m poor because of the money I spend 😂😂

[@caitlinmariedasilva]

Haha we’ve all been there 🤪🙌 no rush like pay day haha!

[@juanmoliner6667]

@Charlotte Wilson-Smith it’s a real problem hahah

[@easilydistractedbystickers]

Same.

[@alessandrarussoart]

Same! 😅😅😅😂

[@melolavender9737]

I think being realistic about your budget is a huge one for me because (guilty) I spend money on Starbucks. It makes me feel good and starts off my day but I know that if I try to cut it out of my budget, eventually ill buy it and then over spend. Being realistic about what you are willing to spend money on monthly (for me its coffee) versus what I could care less for or spend less on (clothes) truly helps with sticking to your budget.

[@nmb1015]

One of my favorite apps is the Albert finance app! I've been using it for a year and it has helped me save money for some goals. I feel that I am money-savvy but actually writing a budget is tricky for me. I really liked this video and enjoyed your tips!

[@isabelsdigest]

I love those references at the beginning!!you always know what type of video I need😂 I am alway very “treat yourself “, maybe too much for some one in my situation! Another great video, Caitlin!! (Also, I loved the shades of lipstick you showed yesterday in your stories😍) -Isabel

[@caitlinmariedasilva]

Thanks Isabel-thought those would be a fun addition 🤪🙌 haha I’m a big treat yourself person too but also like to make sure those are intentional choices 😍 and ooooh thanks I’m loving them both so far !!

[@dryousraa7466]

thank you for the tips ! i love you girl

[@nicolabloxsidge9704]

yesssssssss Caitlin you got exactly 15 minutes!!!!!!!

[@caitlinmariedasilva]

Haha!! I think it technically exported as 15:01 but decided to let that extra second stay in there 🤪

[@nicolabloxsidge9704]

@@caitlinmariedasilva I feel for u 😂

[@Laura-ib1qv]

Hey Girl!! I commented talking about spending on this vid on Instagram and honestly your tips seem so much more in reach rather than just searching random tips online haha. Your videos are really well informed 😍Most of my spending too goes to food and I totally get the oven mit and spatula impulse buys lol, I bought 3 cookie cutters to celebrate the holidays this year for a dollar each at Target and I’m lying in bed now realizing that I never make cookies from scratch so I’ll never need to cut them out. I just use the ‘cut out from package and place on baking tray’ type cookies 😂😂😭😭😭

[@paigekeister522]

Great video Caitlin

[@easilydistractedbystickers]

You always look so polished and professional. I wanna be like you when I grow up 🤣 I'm 29

[@megancata1]

My best tip to resist impulse buying is to figure out how much I make (after taxes) an hour and how many hours I had to work to pay for whatever I think I want. Like is that really pretty dress I don't need worth the # of hours I had to work to pay for it? Was this worth working 2 hours? 5 hours?

[@MOnxIXxx]

you posted this just after I spent over $45 on books kdjfbvf Great video as always, I'll try to follow your advices :)

[@annabelle7123]

Tips: I now save a quarter of my income and limit my shopping to 10% to mininum. I sometimes go over the budget fot shopping~ but I try :)

[@theeverydaywinner4475]

Haha spending guilt is real 🔥. Great vid!

[@jayasairamavath]

I'm so sad that I missed to comment on 1st hour, Love you always ❤️

[@deborahc6339]

Excellent!!!!!!!!!!!! :)

[@sarahmiller6687]

Automatic savings deposits is my go-to!!

[@annabelle7123]

Better than that is to put them into 6 months or a year bank product. They have slightly higher interest rates!

[@goals101]

This video comes at such a relevant time for me! My business is thriving and I feel very lucky to say I've achieved my financial goals and savings goals this year. I am however out of ideas what to save for in the near future. A house is a great goal, but I love smaller personal treats that motivate me to aim for the financial stars. Does anyone have any (sustainable proof!) ideas?

[@haleypollinger8089]

I love your necklaces 😍

[@savannahtyler.]

Omg can someone tell me what the song in the end card is? I’m in love :)

[@HeleLost]

Thank you! My only problem at the moment is that I'm unemployed, so I do not have a monthly income. I have money saved up and I live with my parents and they don't want me to pay for food or rent which I'm so very thankful for. I have minor regular costs (car, phone, etc) but not having a regular income is becoming really stressful, as I see my savings slowly decrease...

[@caitlinmariedasilva]

Feeling for you Elena - I know a lot of people had to face unemployment and job losses this year. It’s a tough time ❤️ sending well wishes your way that you can find a job soon. You’re lucky to have such awesome support from your fam ✨

[@HeleLost]

@@caitlinmariedasilva That was exactly my situation! But I do have a few projects in the making, just need lots and lots of good vibes my way and patience!! Thank you!

[@angiegomez8123]

Could you possibly make this same video but for college students who are trying to save but only work part time? what are saving tips that you would give them???

[@kmerriott]

I too like to comparison shop and wait to see if I will “miss” something before I purchase it.

[@annabelle7123]

I just did this roughly and very messily on my bullet journal as I have overspent this month... already used all my income 10 days earlier ^^; but since I lost my credit card~ I intend to live on small amount from my savings account! Also want to save more from next month. For me, I start with savings too and I use automatic products from bank with fixed amount, you can change the amount every month. They have slightly higher interest rate!

[@annabelle7123]

My next step, I did spending tracker in chunks with the help of my spending tracker app analysis (savings, shopping, food, date, gift, donation, etc)... but next page, I'll make a shopping tracker to see how I actually overspent and what I bought this month ^^;; I'll check out your tracker for sure!

[@ishitapansare7671]

Ohhhhh myyy godd it's freaking 1:50 in India and I am watching your video Greatt fan !!!!! Love love love ❤️❤️❤️❤️❤️❤️❤️😍😍😍😍😍😍😍💞💞💞💞💞💞💞💞💞💞💕💕💕💕💕💕💕💕💕💝💝💝💝💝💝💝💝💝💝💝💝💗💗💗💗💗💗💗

[@ishitapansare7671]

1:50pm* you are the bestttttttt ❤️❣️

[@caitlinmariedasilva]

❤️❤️❤️ sending virtual hugs to you in India! Enjoy the video!

[@siljeborgan4531]

Could you make a video of “how to feed yourself (and only yourself)” as an adult? I am 31 and find it difficult for some reason...😅

[@SilverSoulxd]

You really have beautiful eyes and hair, oh and I liked the subject of the video too.

[@Estefany_Estrella]

That about beeing realistic is key! I use to say "I won't buy snacks all this month", and then ended buying snacks in Oxxo every day. So instead I planed to buy ¿popcorn corn? (how do you call that one? well the one that is not done on microwave), the dry stuff to make fried snacks, and one bag of a candy I wanted that month. All that in grocery shops, because it is cheapper. That way I reduced my expenses and my consumption too 'cause I have to make the snacks before I could eat them.

[@sarabarr7615]

Great video, but the thumbnail really threw me off. Why is your skin colour so dark there? I thought you had a guest on at first