I am a visual learner, this was a great video.
I always like watching your "how to" videos even though my amounts are much less than yours. I add $5 to each sinking fund every Saturday, but I'm still seeing growth. I get paid every week and this method has saved me from using my credit card on several occasions this year.
When I get my money home, I "play bank". Just like the game Monopoly, I make a pile of 100's, 50's, 20's, etc. Then I stuff my envelopes. It makes it easier for me. Great video.
This is great, I follow Dave Ramsey and itβs been working great, but all the nitty gritty details to make the baby steps into black and white practical steps takes practice. I have my method down after months and she just presented it clean and organized in 20 min ππ awesome!
I just have to say this video is a LIFE SAVER!!! I am a new college graduate and am looking to get a head start on my life by budgeting! I have been researching methods the past couple of days but I am seriously sold on this method. It's visual and keeps a hard look at what money you do and don't have! Thank you for helping me!
I love that you're planning for next year already, I love watching your videos to a debt-free lifestyle. I wish I learned this even sooner!
Thank you for the explanation. This system is new to me and I wish I had learned about it a few years ago. I'm 68 and living on an extremely low budget. Following this system will be of great help to me.
Yesss I loved seeing the full process. The cash stuffing and coloring in is the best part and I understand why you normally spend it up but itβs so satisfying
The cash teller slips are a brilliant idea!
I love how simply you put this! Love the video! π₯°π
Love the "online shopping" envelope.. great idea!
I envy your method for saving money and spending!!! My concern is ithe cash envelope system, I hope you keep these cash envelopes in a safe when not in use!!! Fabulous ideas for spending money this way!!
You give such a clear explanation of the breakdown of envelopes, etc. Me like you..lol. I really enjoy your videos.
Budget Mom, I Love your videos, I just ordered your Paycheck binder and can't wait to receive it. I have a son who is Schizophrenic and all my 401 k went to his treatments. I am 63 years old and starting over.
My gosh I am SO glad I found you!!! There is hope for me yet!!! Thank you for being so clear!!!!
I have your cash breakdown slips...my tellers love them.
@13:08 "as you can see, my christmas envelope broke on me, cuz it is πΆ so full of munnneeeyπΆπ #happymiko Side note: I write this because this is a little moment of celebration for how long she has been saving this money for. We all have a moment when we sing when we see us reach a sinking fund goal or see it growing. Please know I am not mocking Mico I think it's great how she's managed her money so she can have a moment of Celebration and knowing she will have Christmas covered financially :-) Hi-5 Miko!πππ€βππ€π€πππ
You actually inspired me to start my own budgeting journey and I used your videos for research so thank you so much!
Great video! Creating sinking funds for a year in advance is genius. Thanks for such a detailed explanation on everything!
@LindaASJ