Thanks!! I’ve been watching all sorts of budgeting videos and yours make the most sense to more.
@lymanjoy8 ай бұрын
Thanks for watching and that kind comment. 😁
@theblueskyquilter2964Ай бұрын
Love this way to prioritize sinking funds. Thank you. I’m so new to sinking funds
@lymanjoyАй бұрын
They have really helped me not go further into debt and reach new financial goals.
@theresaandresen30609 ай бұрын
Thanks Laura! My goal for 2024 is to stop being such a perfectionist and just keep plugging along - with my new part time job "side hustle" I plan on funding some savings challenges (something I have never done) and prove to myself (and my husband!) that we can build our savings while living a content life. Your guidance keeps me believing that I can do it! On this Thanksgiving day, I am adding you to my list of things I'm truly thankful for...
@lymanjoy9 ай бұрын
I am so excited for you as you step into savings, and I am also so very thankful for you!! Have a blessed Thanksgiving!!!
@mariswayoflife9 ай бұрын
Omg doing gas and groceries in your bills list is mind blowing. I would have never thought of doing it that way. I get paid once a month and I am excited to allot this into my bills. My husband gets paid weekly and with his paycheck we do saving challenges and weekly spending (including gas and groceries). This might be a game changer for us! Thank you. 🎉
@lymanjoy9 ай бұрын
Awesome, I am so glad 😊 Let me know how it goes.
@mydollarswork3 күн бұрын
New subbie here, thank you for this video. A yearly reflection is a great idea.
@NaturalDrAmanda9 ай бұрын
Thanks! 😊 The audiobook for Atomic Habits is on KZbin…or at least it was earlier this year. My main takeaways were: 1) tracking your habits and reflecting on your progress regularly is required to improve & 2) just focusing on improving by 1% at a regular frequency will help improve your outcomes.
@lymanjoy9 ай бұрын
Amazing points. I will look on youtube. Thanks for the heads up. 😊❤️
@LadyNellie8 ай бұрын
Atomic Habits is an amazing book. Read 12 Week Year by Brain Morgan and Michael Lennington..
@traciecarlson47069 ай бұрын
Thank you for this video. I have been searching for a budget channel for someone with a large family and your is the first I have seen. We have 8 children with 5 of them at home still. I have to say I am not understanding your $180 for clothes for the year. That doesn't even really cover one person for a year. We also have to work in our eating out budget the way you do where you stuff a little each time and eventually you can go out. That is definitely a category we have cut back on since I started budgeting.
@lymanjoy9 ай бұрын
Thanks for watching, 180 will be a starting goal, and the school fund and other saving challenges also go towards clothes. But I use consignment stores to trade in their old clothes and get new clothes, plus use birthdays as clothes and shoes opportunities. Love having you here apart of the lymanjoy community. ❤️😊
@dianaviera62289 ай бұрын
This was extremely helpful! I was so confused about sinking funds vs savings challenges. I do have the Savings Challenge Book from "On the Hill Design" and I cannot wait to use it and assign the low priority categories to each one. 💜
@lymanjoy9 ай бұрын
I'm so glad it was helpful. I am so excited, too...think I may start next month. Just want to get a saving. Love to hear how it's going, and if you have any questions along the way, don't hesitate to ask. 😊
@ginamoffett19739 ай бұрын
I started this for next year, it going to take a few days 😊great video as always.
@lymanjoy9 ай бұрын
Awesome, I thought I would get out to everyone a little early so they could prepare. Have a great Thanksgiving, and blessings to you and your family. 😊
@netrellawrence12449 ай бұрын
Thank you Laura for this! I have been searching for a video that really breaks down cash stuffing. So grateful that you did this video! I am starting in January. I’m so excited!
@lymanjoy9 ай бұрын
I am so excited for you. Cash stuffing has totally changed my finances. If you have any questions along the way, don't hesitate to ask.
@sonianunez10678 ай бұрын
Love your videos. I am new to budgeting and cash stuffing. Just try to start somewhere.
@lymanjoy8 ай бұрын
Thanks for watching! Let me know if you have any questions along the way.
@mishswishescrafteebudgeting9 ай бұрын
This video really gave me a better understanding of hi and lo priority sinking funds. Thank you 😊
@lymanjoy9 ай бұрын
So glad 😊
@eileenm.76449 ай бұрын
Thank you very much for your instructional video (& supplied PDFs)! It’s appreciated.
@lymanjoy9 ай бұрын
So glad there helpful!
@deannaroe37789 ай бұрын
I love your videos, Laura. You explain things so well. I’m planning to start back budgeting and doing cash envelopes for the new year. Happy Thanksgiving to you and your family. Blessings, Deanna
@lymanjoy9 ай бұрын
Oh I am so excited for you as you start this new journey. Happy Thanksgiving to you too!! 😊
@sharonweisenbach30987 ай бұрын
I read both of those books and they were great! I will have to look at the philosophy one. Thanks for the suggestion!
@lymanjoy7 ай бұрын
Such good reads so far. 👌
@lissayers89018 ай бұрын
Fabulous. Very easy to understand. Thank you.
@kerrigraham28929 ай бұрын
Really appreciate your videos on budgeting. It has helped me so much to stick to the 7 baby steps (Dave Ramsey). I have purchased your budgeting sheets and I have payed out 2 of my debts. Thank you Laura Lyman Joy for breaking it down.
@lymanjoy9 ай бұрын
Thanks for sharing. That motivates and inspires me. Sounds like 2024 is going to be a great year for you with an amazing plan in place. There will be great financial wins!! Happy Thanksgiving 😊
@TheOscar154329 ай бұрын
Hey friend really enjoyed your video. Love how you broke every thing down.
@lymanjoy9 ай бұрын
So glad!! Thanks for watching 😊
@TrishaAnderson9269 ай бұрын
Thank you for the great advice! Happy Thanksgiving to you and your family!
@lymanjoy9 ай бұрын
Thanks for watching. Have a great Thanksgiving 😊❤️
@kenyonwolfe24004 ай бұрын
I'm saving alll of mine 20$ and alll of mine 10$ and alll of mine 50$ and alll of mine 100$ wish me good luck
@sherrypool76539 ай бұрын
happy thanksgiving to you and your family
@lymanjoy9 ай бұрын
Happy Thanksgiving to you as well. ❤️
@fayejacobs10439 ай бұрын
All of it is great advice!!
@susbudget9 ай бұрын
New subbie here!! Wow this was the best explanation I have heard yet!! Thank you so much!!!❤❤
@lymanjoy9 ай бұрын
I am so glad!! ❤️
@melaniematthews53598 ай бұрын
Awesome plan. I really like this video. 👍🏼
@lymanjoy8 ай бұрын
So glad 😊
@budgetingwithkrztofr8 ай бұрын
Great video
@lymanjoy8 ай бұрын
Thanks 😊
@jtuggs88939 ай бұрын
Awesome job Laura
@lymanjoy9 ай бұрын
Thanks for watching. Have a great Thanksgiving!!
@proudmomma-y4n9 ай бұрын
Happy thanksgiving
@lymanjoy9 ай бұрын
Happy Thanksgiving to you, too. ❤️
@Budgetingfam9 ай бұрын
New subscriber! Such an amazing video, thank you for the advice! ❤
@lymanjoy9 ай бұрын
I'm so glad it was helpful. Thanks for watching!!
@TheBusyMomBudget8 ай бұрын
🌸💕 Hi new SUBBIE here!! Really enjoyed your video!! Lots of great ideas, thank you I’m definitely applying some to my budget!!
@lymanjoy8 ай бұрын
Awesome, thanks for watching. 🙂
@tinagustavsen31659 ай бұрын
Happy Thanksgiving 🦃🍁
@lymanjoy9 ай бұрын
Happy Thanksgiving to you, too!!
@thebudgetevolution9 ай бұрын
Hi Laura 👋 great video 😊
@lymanjoy9 ай бұрын
Thanks for watching!
@Glammmahgotguts9 ай бұрын
Hi there. I subbed a few days back. Thank you for sharing so much information. I really appreciate the free downloads. It’s awesome to be able to learn along side you as you’re explaining the process. I have the printables in my hand right now😁😁I’ll be purchasing your other products Soon. Happy Thanksgiving 🍁
@lymanjoy9 ай бұрын
Welcome to the LymanJoy Community. I'm so glad you're here! I am so excited for your budgeting journey. Let me know if you have any questions along the way. Have an amazing Thanksgiving. 😊
@Glammmahgotguts9 ай бұрын
@@lymanjoy I will definitely reach out if I’m perplexed about anything. Also, I’m so sorry about your loss🙏🏽😟💕
@jladylove18 ай бұрын
Thanks for explaining the sinking funds and what to do with the savings challenges. New subbie! I started making a budget for 2024 but this video really helped me. I tried to get the free download but it wouldn’t let me..what do I need to do to get your very helpful budget sheets. 🤔
@lymanjoy8 ай бұрын
Can you email me at lymanjoy8@gmail.com and we will figure it out. 😁
@lindawalcher58675 ай бұрын
How often do u bring your sinking fund money to ur bank? And do u have for every category of sinking fund a seperate bank saving account? Like one for emergency fund, one for personal savings etc?
@lymanjoy5 ай бұрын
About every other month. I take all my sinking fun money to my high yield. Savings account at wealth front, which has different categories for each sinking fund and makes a 5% growth.
@lindawalcher58675 ай бұрын
@@lymanjoy do i understand it correct, that wealth front is your hysa for your sinking funds? I like the idea that 1. You earn 5% interest and that they have seperate accounts so i can see how much i have in each sinking fund category
@brendaclark44298 ай бұрын
I am sorry I know what the fund is I just wanted someone to be able to laugh while doing their best to handle life's storms
@LaTora007Johnson10 күн бұрын
❤❤
@chianneporter53718 ай бұрын
Hi Laura! I started sinking funds this summer and I haven’t had much success. I have an emergency fund and a traditional savings account (both are HYSAs). Should I keep those accounts and save on the outside for sinking funds or should I use the money in my traditional savings account to fund the sinking funds. Hope that makes sense! Thank you!
@lymanjoy8 ай бұрын
I would take the money monthly from traditional savings funds to use for challenges, and when a challenge is funded, deposit into high yield savings to grow it.
@chianneporter53718 ай бұрын
@@lymanjoy omg that makes so much sense! Thank you and happy holidays!
@sherrypool76539 ай бұрын
im on ss i can only do the low income right now, but i have started
@lymanjoy9 ай бұрын
I totally understand... one step forward every day.😊
@sherrypool76539 ай бұрын
every dollar saved counts@@lymanjoy
@Carolmaizy7 ай бұрын
I have a pension and a very small S. S. check myself. I guess it's never too late to learn, is it?
@sherrypool76539 ай бұрын
where did you get the kids cash stuffing ones
@lymanjoy9 ай бұрын
FWMCreationsbychris, I loovvee her stuff. www.etsy.com/listing/1550138000/kids-savings-challenge-scratch-off
@savpal17579 ай бұрын
Where did you get your calculator from? Newbie here!
@lymanjoy9 ай бұрын
Welcome to the LymanJoy community. I got it from amazon here is the link. amzn.to/46vODVN
@SeaShelleyCrafts558 ай бұрын
Laura, how’d you get into coding. Shelley
@lymanjoy8 ай бұрын
I worked in a doctor office as a medical assistant for years. But my eldest daughter, CHD and had 7 open heart surgeries and then a heart attack and stroke, at 11 years old, so I needed something else to do as I traveled back and forth to hospital visits and at home. So my office manager, who was a coder, taught me. I took classes on AAPC, and the rest is history now 12 years later still at it.
@brendaclark44298 ай бұрын
Is a sinking fund our paychecks
@lymanjoy8 ай бұрын
The sinking fund is a savings category you save for, like car maintenance, so when a need arises, you have the money and don't go into debt.
@carolyndalton77759 ай бұрын
😊
@joannhutchinson30308 ай бұрын
So Is sinking funds and savings fund the same thing?
@lymanjoy8 ай бұрын
Yes, but I think there needs to be a short term used throughout the year and long term for years to come.
@judejeanpierre7486Ай бұрын
❤❤❤❤🎉🎉🎉🎉🎉😊
@MissyBoxdorfer9 ай бұрын
When you get time, can you let me know where you got your wallet? Or if you have a link, please.
@lymanjoy9 ай бұрын
So, unfortunately, I can't find this exact one anymore, but here is one that is similar. 🌟Black A7 Wallet (this is just an option, not the same one in the video) amzn.to/3PMBL9g