I love helping people work on their budgets and see victories. We have been debt free since 2016 (always on one income).
@pnwflipper20893 күн бұрын
I would like to see more example budgets being made on paper for a variety of incomes and a variety of living situations ( renting vs. mortgage, car v. Public transport, kids or no kids etc.). Detailed complete real budgets.
@amandafrederick8308 Жыл бұрын
I'd love to see you do this, on paper. Oh and with someone making under $100k. How do you accommodate huge differences in things like the electric/gas bill doubling for some months like mid summer and winter.
@victoriaeruth Жыл бұрын
Average billing is super helpful in setting a fixed amount for electric every month.
@pnwflipper20893 күн бұрын
Make a new budget every month (look at last year’s energy bills each month and figure it will be a little higher)
@SchoolofStuffThatMatters11 ай бұрын
This is great thank you. I find budgeting okay but then I need help with a system for tracking!
@laundrygoddess48 ай бұрын
I'm in Canada so I don't know about the US. But we have guaranteed issue term insurance available for those even if you've been turned down for other reasons. You often aren't turned down for preexisting conditions but you may have to pay more or have an exclusion
@budgetforsuccess835 Жыл бұрын
I wasn’t able to get life insurance until 29 years old due to a pre-existing heart condition that God healed me from. Even though I was cleared at 18 I was not eligible until I think 7 years later.
@MohanadKhuraishi Жыл бұрын
10% to charity and giving? That’s hefty
@titan_tenacity1711 ай бұрын
if you give cheerfully it becomes easy and intuitive
@yellowyosh47011 ай бұрын
It's so with it though I'm my experience
@azeemsiddiqui47646 ай бұрын
I usually give $20 a week to the poor through sadaqa.
@Trutxngal4 ай бұрын
We've given 10% of our gross income to our church and missions for 50+ years. In addition, we support several children in other countries. We have never felt the loss. God blesses beyond what we ever imagined. Granted, we don't take European vacations or go on cruises and I cook 99% of our meals. We don't smoke or drink and we don't spend alot on entertainment.
@DianeC429Ай бұрын
Malachi 3:10 Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need. Give with a joyful heart.
@Sharon-nu7qy9 ай бұрын
Some of us live in Canada. Hi! 👋🇨🇦 We need advice on which budgeting apps to use if y'all don't share yours with us 😢
@terrabunville517 Жыл бұрын
Why did they stop every dollar from Google Play in Canada we could download app now it not available in my country 😮
@katyedwards3935 Жыл бұрын
I don't know, but you can still do Dave's plan and use another budgeting app.
@gm2407 Жыл бұрын
Even on a spreadsheet.
@radioheadfanlove Жыл бұрын
Can you use the website/web version? I love the web version, so if you haven't tried it yet I definitely would give it a shot, at least until the app hopefully becomes available again as well!
@terrabunville517 Жыл бұрын
@@radioheadfanlove thank you
@terrabunville517 Жыл бұрын
@@katyedwards3935 yes thank you
@melabbyy Жыл бұрын
What i do with the money that is currently sitting in my checking account? I have $2k, and I did the breakdown of 1 month paycheck and I will save up $290 each month. But the $2k I have in my account do I budget it in, or put in a savings account when I create one? I don't understand having your expenses to $0
@justdanthankyou6399 Жыл бұрын
$0 Budget means every dollar coming in goes somewhere. For the $2k you already have, put it in a separate account for a purpose. Use it to start an emergency fund, or if you have that taken care of, then use it to paydown debt or save for retirement.
@melabbyy Жыл бұрын
@@justdanthankyou6399 oh! Thank you!! I appreciate your help! I was so confused I thought I need to $0 out my current account
@laundrygoddess48 ай бұрын
Zero based budgeting isn't awesome. I personally have minimum 10% flex in my budget so if something surprising happens, I'm covered
@Ash-lf6to2 ай бұрын
@@laundrygoddess4that’s called an emergency fund, you can factor that in on a zero based budget. All “zero” means is that no dollar goes unaccounted for.
@pnwflipper20893 күн бұрын
No-leave your $2k in savings as your emergency fund. Dave says $1k in savings, so you can use the other thousand to pay off debt if you have any- but if you are debt free you are on baby step 3 and you are looking to grow your savings to cover 3-6 months of your expenses
@tyronpouncey59853 ай бұрын
Just downloaded every $$ app.
@meekalynn7726 Жыл бұрын
Not for all life insurances
@stephenwalsh2213 Жыл бұрын
Why would you pay off your lowest interest debt first? Just to feel better about your situation? This seems like a bad idea
@KillerofGods11 ай бұрын
They suggest paying off the lowest debt first. (As in the least amount owed, regardless of interest rate.) This helps free up monthly payments and makes budgeting easier whenever an unexpected expense comes up.
@pnwflipper20893 күн бұрын
To give yourself a quick “win” so you will keep going. It’s a psychology thing not a math thing.
@jordanwright2030 Жыл бұрын
Where does cell phone, car insurance, and internet fall under?
@maryokeefe2144 Жыл бұрын
I think phone and internet are part of utilities, that's how I think she does it, but not sure.
@calzor Жыл бұрын
Cell phone and internet could be utilities. Car insurance as transportation.
@gm2407 Жыл бұрын
Income: Regular Wage/Salary Irregular One off Fixed monthly expenses: Housing Utilities Contracted subscriptions Phones, Internet Insurance Variable monthly expenses: Vehicle/Travel expenses Groceries Social expenses, Household and property repairs Debt Repayment. Annual expenses pro rata to monthly: Gifting (Birthdays, Holidays, Celebrations, charitable donations) Taxes Savings: Emergency Fund Funeral Vehicle Replacement/Repair Household Repairs Vacation Education Investment: Retirement accounts Stocks and shares Capital in a business venture you are building for.
@djlazylee Жыл бұрын
Is hair, make-up and nails a want or a need? Also, can you please differentiate between basic make-up to make yourself presentable and nails? What is really a need and what is really a want? Thanks in advance!!!
@yellowyosh47011 ай бұрын
Want imhi
@rachels17067 ай бұрын
Lol hater
@pnwflipper20893 күн бұрын
I count basic hair (box I color at home), 2 haircuts a year, basic makeup (for me it’s 4 mascaras a year, 1 concealer, 2 blush/bronzer sets & 1 mineral foundation all from a drug store) and presentable nails means clean and trimmed. Anything else is a want!!
@ksandr88 Жыл бұрын
Thank you Rachel✌️
@Crafty685 Жыл бұрын
Did you know that you are not eligible for life insurance if you have a pre-existing health condition?
@katyedwards3935 Жыл бұрын
No I didn't and neither did she.
@ashleyb6258 Жыл бұрын
My husband had seizures as a teenager. Still takes meds for it at 38 years old. We got term life insurance when we got married.
@Crafty685 Жыл бұрын
I’m a cancer survivor and my husband has a congenital heart condition that requires periodic surgery…we were both denied…perhaps it depends on the severity of the pre existing condition?
@Crafty685 Жыл бұрын
@@ashleyb6258 did they approve it for him or you? Or both?
@amyjones8613 Жыл бұрын
I have schizophrenia and was denied at 40
@katyedwards3935 Жыл бұрын
I have a budget but the last 2 months have had trouble staying on task. I've done one since April and managed to go way over it in July and August.
@maryokeefe2144 Жыл бұрын
That's OK, its a journey, any change takes time.
@katyedwards3935 Жыл бұрын
@@maryokeefe2144 I never did one before going through FPU earlier this year.
@gm2407 Жыл бұрын
It is a compas to get a bearing on a pre determined (by you) destination. Not necessarily a pre established known fixed course where all the obsticalls are known for what, when and where. Sometimes you get multiple months where unexpected necessary stuff happens. Like the car breaks down, a family member dies and a funeral needs paying for, you have to work from a different office where you commute further, prices go up for expenses, you get sick, the family pet gets sick, you get unexpected traffic fines. Some of these you can insure for, some of them you can't. Sometimes they fall in quick succession. It is ok, keep going forward and cut the cloth accordingly, sometimes you might have to rebuild emergency fund before you go forward.
@katyedwards3935 Жыл бұрын
@@gm2407 Well I went on vacation in July and did crazy with a few zeros after it (not as many as Dave) and nearly maxed out my credit card in addition to spending all the cash I'd brought. When I went to use it to pay for the second part of my root canal, my endodontist declined it. The payment was only $1000 which would've wiped out my starter EF if I didn't have a fully funded one. After this happened, they suggested I up my limit and having recently gone through FPU, I immediately told them I wasn't gonna go that and found another way to pay. I then went on to use my debit card to process the payment and it went through. Now that I've had two more treatments by my family dentist this month, I didn't hesitate to hand them my debit card. I've since paid off my credit card debt and have hidden it so I wouldn't be tempted to use it like that again.
@Elizabethcoley1 Жыл бұрын
I’m favoured! Despite the ups and downs in the economy, I'm so happy withdrawing $12K weekly profit out of my investment I just cleared my mortgage 7 months ago and I give back 20% of my weekly interest back to Charity. People should learn to invest more and spend wisely
@sabrinnegibson1860 Жыл бұрын
How do you earn that much weekly
@sabrinnegibson1860 Жыл бұрын
What kind of investment do you do?
@Elizabethcoley1 Жыл бұрын
I earn from investing in the digital market with the guidance of Mrs Elizabeth Ann Larson Brokerage services...
@Elizabethcoley1 Жыл бұрын
Her strategy has been helping alot of traders/ newbies out there , with her program I was able to recover my losses from the crash so swiftly
@sabrinnegibson1860 Жыл бұрын
I'm 40 and have been looking for ways to be successful, please how??
@philparisi9175Ай бұрын
Why are you pushing a personal agenda throughout this video? We don’t need your evangelism.
@philparisi9175Ай бұрын
Why are you pushing a personal agenda throughout this video? We don’t need your evangelism.