September 2020 Paycheck Budget Recap | Car Loan + Budget Tips

[@riannotti]

I drove my Mitsubishi Mirage for 17 years, up until this past July. It was my first car! I bought a 2000 Nissan Maxima with cash, using sinking funds only. I didn’t even touch my EF or my core savings. And, I did this while being unemployed. My car insurance went up by $5/mo, and my car now takes premium gas, BUT that’s better than a car payment. I’m still proud of myself.

[@batirtzeurkiaga102]

As you should!!!!!!🚙🚙🚙🚙🚙🚙🚙🚙🚙

[@kallistoindrani5689]

That is so awesome!!

[@jeanetteglassel2765]

I drive a 2005 Mitsubishi Lancer. I have managed to pay off 13 rental houses by being frugal. I am so glad I started when I was younger. Excellent job Rachel!

[@batirtzeurkiaga102]

@@jeanetteglassel2765 🙋🙋🙋🙋🙋🙋🙋

[@rachelmarylin972]

As you should be! You go girl. I love seeing a fellow Rachel kicking butt

[@Kirby_hayes]

I wish TBM would come out with an app version of the budget by pay check workbook 🥰❤️

[@SL33PINGSTAR56]

She is working on one but said it’s in the beginning process and might take a while. I can’t wait!

[@sonyasmith5253]

With the low cost of plane tickets right now, it would probably be cheaper for Ryen to fly to Kansas and drive the car back! Nice little trip.

[@brittanylong6558]

I'll never buy a brand new car again. Cars are what got my husband and I in a lot of financial strain and they're just not worth it. Glad she's getting rid of it and doing what's best for her and her budget!

[@VeronicaMartinez-qo9os]

Love this video because this year I had the most difficult year of my life, I found myself in the middle of divorce. The separation was the hardest because I was thousands of miles away from home, (family support) I had zero dollars in savings and my family had literally drive across the country to pick me and my 3 kids up. I was without a vehicle for 5 months until thanks to the income tax credit I recieved for my children I was able to put a down payment on a used car. It's a 2012 Chevy Equinox LTZ leather interior, electrical seats, sunroof all the works. The down payment was $2,500, and my payment were locked at $250 per month, and It would take 1 year and 3 months to finish paying it off! 😁 I am so happy with my car, she's my baby and I'm so grateful to God and my parents for their help and since I found TBM I am super excited to get my finances in order. My husband was big in brand spanking new vehicles and we never had any money for vacations and never cracked down on our savings because our expenses always exceed our income. I realized the very hard way that not having an emergency savings and a budget in place in my life was robbing myself and my family of a happy debt free life. 7 more months and I finish paying off my car and I am so happy with it. And I just ordered my first digital workbook and am 2 months in and am so excited and happy at my new financial goals. Last week for the first time ever I sent off my bills in gratitude and with joy, feelings th at I never had before because your program just makes budgeting so fun. Thanks to your video of saving money on a very tight budget this month I started 3 savings challenges: 52 week saving challenge, the change jar, and the $5 challenge. Thank you Kamiko

[@mzlyzs9863]

Kudos to you and may positive things continue to come your way!!

[@Orchid93090]

Girl you are on fire !!!! So glad u are in a better place right now !

[@jmatos7872]

Awesome progress. God bless you and yours. Prayers your way. Single moms are superheroes. 😘

[@kirsten4443]

Wow Ryen ! A free car and a trip to Hawaii 🤪 that's awesome 👏🏼👏🏼

[@marykekana2419]

500$😲😲??

[@kirsten4443]

@@marykekana2419 What do you mean ? 😊

[@jilliantee1718]

@@kirsten4443 Her current car payment, likely.

[@SusieCruz144]

When Ryen makes as much as the average nurse working at a hospital in Washington/Oregon you know the budget mom is doing really good. Speaking as a nurse. Ryen makes as much as I do 😳😳😳

[@blendeddimes5328]

I think she's worth every penny!

[@farrisa1465]

It’s that way in Utah too. That is why I don’t work in a hospital!

[@SusieCruz144]

@@farrisa1465 I'm not sure. I only know Oregon/Washington because that is where I live. But I'm a hemodialysis nurse and Ryen makes as much as I do. Which blows my mind considering I am a BSN in nursing. What is your specialty?

[@farrisa1465]

@@SusieCruz144 I’ve only been a nurse for 3 years. I do home health 7 on 7 off. The hours are amazing. Salaried at 70. Then I do agency into SNF/LTC on the side. If I do 4 agency shifts on my 2 weeks off, it puts me up to 90/yr. if I were to go into the hospital in Utah it would drop me down to around 50/yr.

[@SusieCruz144]

@@farrisa1465 That's a really good salary for home health. I have never seen a home health agency pay that much. If I do critical care agency I get paid double that of Ryen but I'm in the works of leaving the hospital and getting an agency contract.

[@kayjenx]

I always enjoy these videos even though I don’t use the tracking part of the workbook. I love seeing other people’s approach, goals, what they did to meet their budget. Always gives me ideas on how to tackle my own issues. Thanks for sharing.

[@LisaMarieBudgets]

I drove a 2004 Honda Civic until earlier this year. When the hybrid battery started going out in the fall of last year I started stockpiling my money and was able to buy a 2014 Kia soul with cash earlier this year. I never want to have a car payment again! Awesome opportunity!!!!

[@angelicaweaver6375]

Ryen, can you share more about your cashless system?

[@queenguy1621]

I’m so glad I found these videos! I have subscribed! I’m so looking forward to this new journey of budgeting, setting financial goals for myself, and teaching my children how to save for their future!

[@livelaughandbudget]

Oooh good luck with the diet change! Dairy and gluten-free is really hard but definitely doable. My mom had to go gluten, dairy, and sugar (added sugar) free a few years ago and it was a huge adjustment for all of us. You can do it!

[@candaceherr1296]

Go Ryan!!! You can do it!! I’m so excited for you!!!😀

[@thisuniquechica]

Even if you use Mint, you still have to make sure the app categorized your expenses correctly. The algorithm doesn't always organize the expenses the way you need it to, even if you set up the category rules. These look like some really nice worksheets for wrapping up the month. Thank you!

[@MarkitaD]

Do my budget by hand and online helps me stay accountable when I am on the go. My written budget is for home and my excel is for at work.

[@AvaElizabeth]

What a wonderful opportunity Ryen!! As someone who drives a 2002 car, it’s worth it! Being debt free and being able to put your money towards your future is sooo worth driving an older car.

[@hopejackson9521]

This was excellent! It is so good to see each of your positive changes each month. So helpful in understanding more and more each time. My biggest goal is my car also. This month l will owe less than $4000 but my last payment is December. So l will be doubling up each month to pay it off quicker. By next year l should be hopefully paying off a number of bills as well. Kimiko you and Ryan have helped me tremendouly with wanting to get debt free.

[@ayannafraleymoore5265]

Yay Ryen, for doing so well with your cashless spending particularly since it wasn’t something you were used to doing. I have always been a 100% cashless spender, and the TBM spending trackers make it exceptionally easy and functional. I keep my money for cashless spending in an interest-bearing checking account so it’s earning interest while it’s waiting to be spent. (Indeed, it isn’t much interest, but any interest is good.) Keep up the great work!🙌🏽🙌🏽

[@shelbilathram4835]

You will love Hawaii in January. Congratulations on all of your wins for both of you.

[@faysmith7274]

Fab video. Will be interesting to see how you deal with your new dietary plan. I’m a pescatarian by choice however am lactose and gluten intolerant. My food bill has probably increased by about £20.00 per week as a minimum. You get very good at reading food labels

[@gigilopez5162]

Miko, I love love love watching these videos. So informative and eye opening. Please consider doing a neutral theme design for the next workbook! 😍 or leopard print or marble design! Or even just your design but in white and gold. ❤️❤️❤️

[@staceyrothchild3450]

Wondering when the full size workbook will possibly be restocked. hopefully where it's sold out so fast it will come back relatively soon!! Congrats Ryen!

[@ayannafraleymoore5265]

I love these recap videos! At the end of the video, it’s hard to hear the talking when the music is playing. Maybe wait to play the music once the talking stops? Otherwise thanks again for another helpful budget recap video!!🙏🏽 They’re the best!!

[@carolm1290]

2011, that's awesome, one of our vehicles is a 2004 dodge truck. It still runs great, looks good, plans are to sell it at years end. So free car, thats a yes.

[@jogee89]

I went dairy and gluten free a few years ago and feel 1000% better! It feels so easy now 😋

[@stacychan8627]

I have been watching your videos for a while now and definitely didn’t know you live in Spokane! I’m moving there in less than a year and was thinking about buying a new car when I get out there. Very neat :)

[@autumnlockwood9470]

Just found your channel. Loving it. And will be trying this method out this month

[@anitabraxton2755]

You need to do this Ryen !!!!! 💖

[@renaesutton3145]

problem is that if you are upside down on a vehicle, you can not get a clear title to transfer to the person who you are selling your car to. You will have to kick in the whole amount of the difference in order to get the lender to release the lean and give a clear title to transfer.

[@rachaelk8358]

Omg Ryen, that's so exciting! I'd totally do it. It would be way worth it in the end.

[@jessicadavis16]

I can’t wait to get this!! I trying to decide on which to get..... and save up for it! ❤️

[@genxresist]

I did BBP method on paper for a year and never really got it. It felt like a lot of work and while I learned a lot, when I tried YNAB recently, it clicked for me! So, while I appreciate for YOU electronic budgeting doesn't work, for ME it has totally helped me make the BBP method make sense. And YNAB is a budget by paycheck method, which I didn't get years ago when I tried to use it. For the first time since I started following BBP method, I have money left over from this check to roll over into the next pay period. So instead of knocking one method that may help someone understand your method, maybe be a little encouraging.

[@TheKrystolMethod]

Ryen you are goals!!! Woohoo! Congrats on the new car. I had a Mazda 3 and loved it.

[@LatriceSteward2015]

I like the manual way

[@thevictoriagoogin]

Is shipping the car the only option? Would it be cheaper to fly over and drive it back? I have a 2005 Nissan Murano. I'm the 2nd owner and it has over 200k miles and I love love love her lol

[@claudianoble-cotten2942]

Hi Miko! I just found your videos...love them! You use a different size budget worksheet package than Ryen. Where can I purchase the booklet that you use?

[@lizclearman]

Ryen DO IT GIRL!!!! Take that extra $500/month, throw it toward your student loans, AND then you can throw some each month into a sinking fund for car maintenance easily.

[@Marb6]

I think that is a great Ryen

[@jhdct94]

Ryen - I am probably the only one pumping the brakes. I have so many questions. What condition is the older car in? Why is your brother giving it to you? How many miles are on it? When I used to have an older car, it broke down all the time. Your monthly costs in upkeep may be just as much as your monthly car payment on your new car. If stuff starts breaking down depending on the condition and mileage on the car, you may pay more. Good luck either way. ❤️ jhdct from IG

[@sandy1600]

Love ya ladies! This video will help me at the end if the month to complete those worksheets :D

[@annromo1475]

Hi how do we go about having a one and one session needing so much help and wanting to start a saving plan for 2021 and get in the right track for 2021

[@paulashealthyliving]

using a program or app is the same as using a calculator. It only works if you can do it by hand first. You have to understand it and then it's ok. Having said that, I can still do long division and I have always kept my budget by hand.

[@kittjohnson5548]

Ryan, as a previous sales consultant you want to sell it fast because the new models are rolling out now and your car value will be worth even less.

[@ehendrixx]

Why are cars so status elevating in USA? I rather drive an old dependable car which brings me everywhere than a brand new car which is giving me huge debts! Ryen go for the older car and pay off your debts! :)

[@doogieRN1]

I hate these newer models too, the bodies are like multi-plastic and tin can, just to fix a dent or scratch is so expensive, the majority of fixing is through computer diagnostics, these manufacturers of cars, like Big Pharma, are looking out for each others pockets, and I esp hate the new cars that shut off when you stop for a while and then start the engine again when you go... Save gas, I am not fully convinced and this puts more money into the fuel industry, a mess of monopoly and commercialism

[@joanstump285]

Any Idea when the planners will be available?

[@jacquelinemorris3581]

@thebudgetmom - can you do a budget recap video showing a monthly close out for someone who is an all card spender? I have spending from my checking account (monthly auto drafted bills) and my credit card (bills, gas, groceries, eating out). I have my pay directed to two checking accounts - one for bills and the other for savings and money is transferred to my main checking towards bills. I have alot of money movement between accounts. I am struggling with closing out my budget as my numbers are way off. I have tried watching your IGTV videos but I need to see an example of someone who is an all card spender who has multiple paychecks coming in during the month and with money being transferred from savings to checking. A detailed video would be super helpful going through the expense tracker explaining what each transaction would fall under and going through the expenses that are transfers - do we count it or not, etc. Thanks.

[@bethhodgson1912]

I’m curious, as to why you are going gluten and dairy free...I’m mostly dairy free (just some cheese every once in a great while) but have been thinking of going gluten free...I’d love to see a video on your process...

[@BeautyPup88]

I want to ask if the starting balance include my checking cushion?

[@laurakochuyt1387]

Fiance just got a 2020 maz 3. And even I love it!!!

[@heatherwrighthilsinger2976]

Question is your incoming income best done using gross or net income?

[@Birdmom1823]

Love your videos 💜💙💜💙

[@kirsten4443]

I love using your method for budgeting but I sometimes find it hard to involve my husband with it. I feel like an app where we can both acces the budget from our phone and see what is left to spend will be better for us. Any tips for sharing a budget with your spouse ? 😊

[@abida2]

We don’t really do a lot of cash so use the cashless trackers. He doesn’t drive so when we leave the store then he will write in what we spent and how much is left for each category.

[@sraranmitch1613]

Where can I get the templates to print this off? Would love to make a budget planner and stay organized like you are!!

[@melissataulbee2048]

I love the manual method. I have to say that I could never get my budget to work when I was doing it electronically. It wasn't until I found you on Instagram did I finally get it. I mentor people regularly in this method and it just WORKS!!

[@kellyrodriguez1163]

When will this paycheck work book be available to order its sold out and i want one😩😩

[@Sundayonthefarm]

Same here.

[@LatriceSteward2015]

The Budget Mom is great

[@deesjourney213]

Where do you get your budget books?

[@gabrielamedina9578]

Question, if you have a (example: Target ) credit card and you paid it off, but then you don’t use it for like 6 months. And out of the blue you get a letter in the mail saying that the company closed out your card. Will that affect your credit score in a bad way or good way?

[@ghofrane799]

Way to go, Ryan!!!

[@celaras]

This month I had to tell my husband "NO" you can't get a new car until we payoff my credit cards. We just paid off his. So we they are all paid off I can budget a car for him. The ones we have still run 😁. Oh and this year we paid off both cars, I'm not ready for another debt. So getting a car for free, go for it. As long as you can get it. 👌

[@laurahomer3342]

Miko I was wondering if you had an emergency fund set aside 3-6 months worth of expenses?

[@LatriceSteward2015]

This is a goal I am working on now it separate from my savings account

[@lyndajordan1466]

Hey Ladies!!!! Super excited to see y’all pop up on my screen. Miko...ur nails are AAMMAAZZINNG!!!!! Ryen...thats so exciting! Whichever direction you decide to go you still killing it girl!!! So make the decision that is going to make you happy!!! Can’t wait to see more videos from you guys!!!!

[@batirtzeurkiaga102]

Way to go Ryen!!!!!🚙🚙🚙🚙🚙🚙🚙🚙

[@tammyhall491]

I am ready to jump in and start with the box set. When I click on the link or try the coupon code on the website it isn't working. Any suggestions?

[@candy2325]

Yes girl get that car! It’s soooo worth it! I recently gave up gym training sessions that costed me $230 a MONTH and I decided to watch workout videos on KZbin instead. Having a trainer is such a luxury and it is beneficial health wise, but I cannot make that kind of payment anymore. Now, since I gave it up I have extra money to throw at my debt and savings.

[@yvonnejohnson2109]

I just got a new van. I had a 2006 chev uplander that has over 320,000 miles on it. I started looking for a newer van at the begin of the year. We find one that was like what I was looking for. The dealer had I had to buy it fast because they sell out of those vans fast. I said no I want to still look. While just this month I found a van I wanted. its a 2015 Ford transit. with 98,000 miles. The guy at the dealer asked if I wanted to test drive the van. I told him I didnt have time right now, but I would be back tomorrow to test drive the van. I did not make it back until the next week. By me waiting one more week, the place had lower the price of the van by $2,000 and they had just got it back from getting four band new tries put on the van. My husband and I have been working hard to get out of debt to improve our credit score. We got a loan that our payment is only $196 a month. My husband kept thinking that we had to have someone co-sign with us. He was not with me when I test drove the van and got the loan. Finally after three times telling him that no one co-signed the loan. He was so happy. Since I am finally able to work again. Starting in Jan of 2021 I will be making double payments on the loan. Right now we are working on paying off my husband one medical bill that has to be payed off by the end of Jan. 2021. Your videos have helped me alot. Thank you for sharing and what you do.

[@cynthiadismukes7793]

Good team

[@KillingTheUnsaid]

If you are cashless do you do the $5 challenge and how do you do this this way??

[@riannotti]

Just transfer money from your checking to your savings.

[@KillingTheUnsaid]

@@riannotti how do you know when you would have a $5 bill

[@riannotti]

@@KillingTheUnsaid I think you would just move it manually yourself. It might be something you determine on your own. If it were me, I would just make this a “bill” each paycheck and move it to savings. Under bills, write “$5 challenge” just as you would pay your electric bill or phone bill.

[@jweigel4975]

I've had to go from eating anything I wanted to a very restricted RENAL diet (no dairy, low to no foods high phosphorus and potassium). It has been 3 years and it is still a struggle.

[@naesworld1102]

Is selling a car that you have are financing easy to do? I'd love to sell 1 of my vehicles to have more cash monthly

[@doraorozco889]

I'm driving a 2004 Honda I got for free, to go to work and go out with my girls. I need to save money. But it's worth to save that money and put it towards more important things. Maybe in the future I would like to get a better car, more reliable. Go for it Ryen!

[@gibythankam92]

Yaayy.. Just in time.. Its around 10 pm Indian Standard Time and I was hoping you will put out a video today 😊

[@mariesaver7184]

🤗Ryan what a great opportunity comming your way. Am so happy for you. In 2007 I moved to our capital and just a week before my old car died. I had to rent one to get through the moving period. Once settled I started looking for a new to me car. But it took me 6month to start looking, once I checked those cars I was thinking you managed up to now without so why the hurry. Bought a bike instead 😂 have no car payment, no car insurance just a maintenance sinking fund 10 Euro a month. You will enjoy not having payments due.

[@Shellyplotter34]

Does ryen have a KZbin channel?

[@prairietarrien3467]

Lol Miko's excitement for you over the car idea was awesome!!

[@XxNikkixX72894]

Doooooo it ryen You go girl

[@imreadythepod]

Omg! I have decided to get rid of my car for the same reason. I’ll be using Uber; as I don’t have a back up. But I’ll be saving like $600 a month as well by not having a car. Whew! This confirmed it for me!! Yes! Thank you.

[@irishgirl9667]

Is Ryen going to do a happy dance when she pays off her student loans?

[@Niknak1234]

Does Ryen have a you tube channel?

[@LatriceSteward2015]

Go girl get that car

[@prettybirdie17]

So happy for Ryen’s news! I know it’s not an official decision, but you have to trust that the decision you make will be the best decision for you and your goals. Congratulations on the opportunity!

[@michellemorales401]

I love how your budgets are similar, yet different, so that all of us can find something similar in our own budgets. I was .18© off, but found it! That's a huge win for me!!! I am constantly tweaking my categories to simplify things, I thought I'd be off by alot! Ryen - Great idea to ditch the car bill! Whoo-hoo! Miko - Great job to decrease the pet budget. I know that's hard! 💙💜💙

[@sarahs.9292]

Earlier this year I had to scrap my 1998 Malibu that I had for over 18 years. It just had too many mechanical issues. At that time we were blessed with a gift of a 2011 car to replace it. So very thankful as we are paying off student loans and do not have car payment.

[@monicaram2379]

I love YNAB. Tracking manually takes up too much time. But, everyone has a different system. I'm a tech person so can't imagine why people wouldn't use an app. Environmentally more friendly as well.

[@kayjenx]

I love YNAB too but track manually.

[@brroookkeee]

It’ll save you $500 a month! Take it! I have a 2010 and no car payment. Been fine for me. The fact that you work from home means you just have to take this car and sell the 2019

[@MittenPrepperVet]

Ryen, that is AWESOME!! Not having a car is SO nice! I have a "newer car fund" and a "car maintenance fund". I had to get a different car in the height of "Rona" and I'm thankful I found/bought a car with cash. #housesavinggoals yayyyy!

[@MittenPrepperVet]

I went from a 2003 Sebring to a 2012 Chevy Cruz. #cashisking

[@LatriceSteward2015]

My eating out is over

[@marykekana2419]

Yes ab so freaking lutely.

[@MichelleLyn84]

Yes yes yes! Take the 2011!! I had gotten a brand new car and while it is nice at first, the payment is not lol I still have it and it’s a 2008. My boyfriend drives it because he can maintain it better, I have a newer car but bought it used and the payment is almost $100 less, less interest rate so def better and I’m planning on paying more than the payment to pay it off within the next couple years.

[@luv2cook5]

I got my workbook and I'm practicing in a notebook before i start writing in it I'm nervous and excited..I'm going to start using it in January..i have a question..i make about 2,100 a month and my rent is 1,000..I'm paid bi-weekly do you suggest that i put 500 away for each check or pay 1,000 on 1 check..? Thank you miko ..i seen your TBM filofax wallet but cant afford it now. 😭.i appreciate everything you do..thank you for all your insight on everything. 💞 from California.

[@ayannafraleymoore5265]

Yes, definitely save $500 from each paycheck towards your rent. You’ll be able to better manage your bills and expenses each pay period that way. I am sure Miko would agree. ☺️

[@luv2cook5]

@@ayannafraleymoore5265 thank you so much have a beautiful week 💞

[@wellsaid7192]

Yes, Ryan take the car. #1 Become debt free👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾. #2 Create a new car & homeownership sinking funds after you pay off your student loans. #3 In one year, you will be debt free.😊🙏👏🏾👏🏾👏🏾👏🏾👏🏾 3 easy steps #Winning

[@PlannerMemaw]

I say do it! I hear Dave Ramsey talk about selling cars to get out of a payment but I still don’t understand how do you sell a car you owe on? You don’t even have title. The lien holder has it. Having no car payment is so freeing. I will never have a car payment again. That car payment is more than my mortgage payment

[@andrealewis1700]

I can’t recall if this the first recap with the new BBP, but have you guys come across any changes while using the new products ( especially the single month booklet)? For example do you guys like the new books or find it different to use. I’m starting in January and have a bit of anxiety, that if I write in it I will mess up in my book, and it will not look not so good. I see other people using BBP and they have the same concerns, so my second question is, on top of trying to build a good and healthy relationship with money, did you ever experience anxiety that you may mess up your budget or that you may have to go back and correct it which makes you feel like you aren’t doing well? I hope these two questions makes sense.

[@ayannafraleymoore5265]

Definitely follow her on IG. She talks about those topics you questioned all the time.

[@TheCoruscateProject]

I use a lot of white out. 😊 However, I have said to myself that it’s a “workbook” and I’m okay about it not being perfect....good luck

[@mzlyzs9863]

Use pencil and scrap paper before inputting final numbers...

[@laurapittman743]

I’ve had two Mazda Protégés and now have a 2010 Mazda3. Love them! Awesome news for you!

[@senoritajha1468]

I am going back yo ur older video I am from india our budgets are very different ...but its amazing to watch ur video

[@1234567nektaria]

Sorry ladies, but I think I disagree. The car gift, although a very nice gesture, the car is old and it does have a lot of mileage on it. If transportation expense is less than 15% of your current income, I think I would strongly reconsider. If your brother is giving it to you, maybe you can sell it and use that to put towards your student loan or the auto payment. Good luck either way.

[@brroookkeee]

But she works from home and is paying $500 a month for a 2019 car... that’s outrageous. I’m perfectly happy with my 2010 car and no car payment!

[@Truepassionate]

Thanks for sharing love this recap💕💕💕

[@jlw8273]

Great decision on the car!

[@juliecarr1780]

Does it cost alot to ship a car?

[@senoritajha1468]

Loved ur IGTV video