What to Do When Your Budget's Not Working

[@JustFrugalMe]

Thanks, Rachel! Try to limit your living expenses to less than 50% of your income. This includes housing, utilities, transportation costs, and groceries. The remaining income should go towards your savings. Your budget is your roadmap to reach your destination.

[@simock03]

You're talking FI.

[@oonaatwater8487]

We paid off $17,000 in eight months! And now we are on baby step 3!

[@InvestToLive]

Congrats

[@WesProphecy2032]

I plan to go through my storage shed and give away a bunch of unused things so that others that are out of work can possibly sell it for a little money. Also saving a little more money so that i can hire less fortunate people this summer to help me with things that i need repaired and built around the house.

[@InvestToLive]

Thats awesome! Well done!

[@juliebruce1114]

Other Moms that got in my car always wondered how my car was clean with four kids. Every time we got out of the car- even if I was by myself - every person in the car would take as much in as they could carry. Car stays cleaned out!

[@katrinamihamarcarlsen3782]

I love watching your show 🤗

[@roxannefleming8091]

You need to have Todd a t shirt quilt made with those T-shirt’s that were his as a kid! I love mine! It’s like sleeping under memories!

[@debramurphy4295]

I have been working on budget it is looking better

[@InvestToLive]

Keep going!

[@silverlina]

Great video and love the outfit at the start of the video! 😍

[@jackiem9460]

It was great timing for that couple to try to get out of debt with so many people losing their jobs right now.

[@beckydardon7944]

Sadly this app is not available in Belize...

[@erniesandoval9852]

Another great video 👍👌👏

[@SmileyKatie11]

I have a question. I have been working on paying off my debt, but still have a long ways to go. I am currently living at my dad's house but paying $500/month for rent. I am incredibly unhappy here, and need my own space. If I move out, it'll be about $1400/month for rent because of added on utilities and internet and stuff that I currently do not have to pay. Obviously, the longer I stay at my dad's house, the faster I can pay off my debt. But- I cannot stay here for the entire duration(I'd have to stay a full year), because I feel it is necessary to live on my own now. My question is this- at what point in the baby steps would it be okay to move out? I know the better financial option is to stay, but I'm looking for the second best option.

[@smallriceeater]

Is finding a room to rent around $500 not available in your area? Hope it all works out for you

[@SmileyKatie11]

@@smallriceeater I need my own space. Moving in with someone else doesn't make sense. To live alone it costs $1400.

[@morganadams4238]

$500 seems like a lot to rent from your dad, I am sure you can find an apartment with 2 roommates, maybe $500 each. Or maybe you livr n an expensive area? If your dad is toxic I wouldn't stay there just to pay off debt.

[@DeionSardines]

So it said $1,200 is pending in my checking account. I'm going to stimulate the economy by putting that $1200 in my savings and act like it never happened.

[@InvestToLive]

Technically speaking, by putting it into your savings account it helps to bolster the banks ability to lend which in turn does help the economy. So, awesome job then!

[@InvestToLive]

@Abitamim Bharmal I agree, I am more speaking to the amplification effect but it is certainly strange times we are living in.

[@meandi5606]

How to dowmload outside America

[@equalinfinite]

That smile! :)