Fixed expenses, grocery & household spending, quarterly bills, yearly bills. Maintain Savings and emergency funds. Retirement funds. No credit card debt, pay off your cards in full if using them. This is just the simple plan we use.
Yes, I plan. Spent a few minutes every day. I've already booked and paid $800 towards a vacation in April 2024. And I know what vacation I want to take in 2025.
At work; we were short staffed so I worked 6 days a week, I had no trouble getting by with what I was bringing home, but once we were fully staffed I lost the 8 hrs of overtime. Now I can’t buy groceries without putting myself in the hole. I have cut spending every where to squeeze $80 out for groceries and I still end up in the hole. I start a new part time job in two weeks where I will work 6 to 8 hours hopefully it will help.
You are making moves to get where you need to be. Keep it up. It will all work out, and the determination will be worth it. I know you can do it. Hugs 🤗
Set my budget based on expenses. Make sure income more than budget. Everything above the baseline into savings and sinking funds. Raisex just mean I save more.
Lost my mom, but family is here. Family is so important. ❤️ Thank you for all you do. I really appreciate your research and all you do to put for your videos. I listen to them always. Love you. Stacie
I don't spent much on holiday gifts since I'm moved to Texas from California most if my friends are in CA. I already have little meaningful gifts for my friends.
My “excuse” is because I’m stuck at a dead end job and need a better paying job. I’ve worked for this same call center for going on 6 years since late 2018 and I only make $11.50 per hour and get paid every 2 weeks and now they’ve cut my hours down to 21 hours per week. Who can live on that income?
Possible way to get a second income is if you commute into a city, sign up with Uber/Lyft and pick up people headed in your direction to cut commute/parking costs. Or if you live near a Amazon hub sign up to drop off a few packages that are on your way home. Hope this helps someone.
Oh my Lord! This is the best motivational video I have listened too since I started wanting to be in control of my money! I am so in debt, and I have done every mistake you talked about and it just hit home and it really opened up my eyes and my mind! Thank you for the best video ever!
This is so true, i'm almost 61 and lived almost my hole adult life in debt. I'n our family it was "normal" The last few years where debtfree and working hard to stay debtfree and having a healty financiël safetynet so we can helpout someone in need without falling back into debt. Wish we saw "the light"😂 earlier in life, it would have safed us a lot off sleepless nights😉
Why oh why do we think we deserve something? Do we really deserve something? What did we do to cause us to deserve something over someone else? This drives me crazy, thank you for mentioning it.❤
It was a beautiful morning listening to your video as I did my chores around the house. It really affirms to me that I am heading in the right direction. You are definitely part of my tribe.
Hi Amy, thank you so much! For about 5 years I have been using the same two items. I use Neutrogena Oil Free Acne Wash and Cerave Skin Renewing Night Cream. It wasn't until I simplified my routine that my skin cleared up. I also drink a lot of water.
I also have to use oil free products. I like Image products and have been so good with my fave routine - morning and night. I do, however have large pores genetically. You have beautiful skin, it glows. It’s great that you’ve found a nice simple routine that works for you. Thank you for sharing and answering. Great video also 🤗
I would always welcome more information on how to budget; specifically if we aren't in debt (other than our mortgage), and we pay off our CC's every month, but we don't save anything. So many videos talk about being in debt, but no one addresses this type of situation when you aren't really in debt, but you aren't saving either. Just evening out. Thanks!
You just have to make a decision to save. Period! It seems just that simple but it actually is. We make money way more complicated than it is. Just like you decided to get out of debt 💸 and did it Just do it when it comes to saving. By the way, once you are debt free you should have more money to save. If you don’t you’re doing something wrong. Maybe overspending in an area that you aren’t considering. Don’t put you finances on auto pilot. You be the pilot that directs the plane. It’s my opinion but I hope that helps.
Believe it or not using those credit cards doesn’t help. Paying them off monthly isn’t the best thing, not using is best. Trust me, you are spending more money using credit.
A few years ago, I did quite a few off the books money - babysitting, accounting & organizing. I did my travel tea parties. I even moved in with a family and paid for my housing by babysitting and cooking. It also helped me pay my debts and helped me save.
Hi!! You were actually talking about me when you mention point number 10!!! I want it sooo much but i have afew coffee in the fancy shop and then get food out and think i will start next month 😮...this cant go on I dont wsnt to me 'stuck' like this anymore!!! Time to get organised 🎉
Credit cards are designed to keep poor people poor. The rich people are the ones paying cards off every month. Who is paying 29% and late fees? Who is paying 7% on car loans? Who is paying more because of a low credit score? Wake up people!!! A borrower is a slave to the lender.
Sometimes life just deals you some rotten eggs. 🤷 You cannot control if before your first check at the fancy great job sees your child in 2 emergency rooms and a week in the hospital followed by hundreds of extra dollars spent monthly to keep them alive.... Money that could have been a change but it's not now. and there are a million other scenarios.
Yeah and what about those who are under employed for their expenses. I used to live with 3 other and between the 3 of them I was the only one that "made enough."
I’m glad you mentioned the flea story. It makes a lot of sense to me. We are limiting ourselves. We don’t think we can save much money when in fact we are able to. We just don’t believe that we can do it!
I remember when I was in my thirtys and married raining a daughter and just having so much debit that I had to claim bankruptcy it was so upsetting I lost my credit and my dignity my husband's not much of help at that time.But today years later my credit it 800 no debit I own my home work and today I can say I did it alone yes it was not ez but I work a full time overtime and part time job as well and just stuck to it..😊
Yes, please do one about organizing that would be great. You keep not notifying on your new ones on my UA-cam for some reason. I just love listening to you and your advice. It’s so good thank you.
I've been doing the money envelopes since 2020....which helped alot. I write on the envelope what it's for and how much goes in weekly. Life style creep can still be an issue....I have started an ebay store to get rid of extra stuff and have sold a few things. Also went back to eating more potatoes and eggs, than meat based things. If I see flat bread pizzas on sale that are about to go bad, I buy them all and freeze them. Then take them out 1 at a time, which will cover 2 meals because I cut them in half and cook them in a toaster oven. My debt went way down since 2020. Now I have a house payment because I had a tiny house built so my debt literally looks the same as it was precovid. But instead of owing $74,000 in CC debt, I owe maybe $32,000 in CCs, and $33,000 on my tiny house. So my debt load is better and half as much on the revolving side as it was in 2020. No car payment. I am paying a disaster loan back my business got after the shutdown, which I wouldn't take out if I had it to do over. But in 2020, I had to take it to prevent bankruptcy. That disaster loan literally does feel like I'm robbing my future self. But it has allowed me to right alot of things that were tipsy 3 yrs ago.
Living paycheck to paycheck is most commonly learned from growing up in a paycheck to paycheck family. A great many people think their budget is stretched to the bone without any room - until maybe they find someone with less money only spending $1 to $2 a day total on their food. Spending $10 on one fast food meal may seem bare bones - but for some that is their total spent for a week on food. Jennifer speaks the truth. Make the changes you need to gain control over your money. I have a tip that might help people: be diligent on returning things to the store for a refund. A lot of people don't return the things they didn't use or don't need, or that were simply bad items. If I buy a package of maple bacon jerky on a whim and hate the flavor, I will return it. If I buy several pieces of wood at a home center and do not use all of it, I will return the unused pieces. All those small refunds can quickly become a $100 or more back into my monthly budget. Its better of course to be more careful or intentional in your purchases - but until you learn that skill, do not be shy about returning mistake purchases.
First rate presentation. I’m tracking all spending and saving about 800$ a month. It’s fun to be frugal.
Fixed expenses, grocery & household spending, quarterly bills, yearly bills. Maintain Savings and emergency funds. Retirement funds. No credit card debt, pay off your cards in full if using them. This is just the simple plan we use.
❤️
Sounds like there are two of you. So I think it is safe to say if there are two incomes fixed cost should be cheaper.
Simple doesn't always mean easy
Great job! Let’s making saving and minimal spending normalized!!
Yes!
Yes, I plan. Spent a few minutes every day. I've already booked and paid $800 towards a vacation in April 2024. And I know what vacation I want to take in 2025.
Your advice is excellent. Thank you.
Thanks, you are such a genuine person and it gives credability to your very good advice of managing money.
Problem 9 hit me so hard... I knew the basics... but this was major. Thank you for opening my eyes.
LOVE your videos, thank you soooo much
I'm cooking lentils & eggplant soup for 2 lunches and rest in the freezer for next week.
I plan my expenses on my memo pad. Spend every morning reviewing and double-check. Check my banking every day like clock work.
I’m so ready to get out of high debt!!
That is the first step. Making the decision. You can do this! 🤗
Just paid rent today and i hit $0, hoping for extra income this new month.
You are great at encouraging and motivating me! Thank you so much! ❤
You are so welcome!
That is why i paid cash for my car. Not having to make a payment every month is terrible.😊😊
At work; we were short staffed so I worked 6 days a week, I had no trouble getting by with what I was bringing home, but once we were fully staffed I lost the 8 hrs of overtime. Now I can’t buy groceries without putting myself in the hole. I have cut spending every where to squeeze $80 out for groceries and I still end up in the hole.
I start a new part time job in two weeks where I will work 6 to 8 hours hopefully it will help.
You are making moves to get where you need to be. Keep it up. It will all work out, and the determination will be worth it. I know you can do it. Hugs 🤗
Set my budget based on expenses. Make sure income more than budget. Everything above the baseline into savings and sinking funds. Raisex just mean I save more.
Love you so much Jennifer! By the way, you look beautiful today! I’ve listened to you for years, please keep the videos coming!!!! ❤️❤️❤️
Stacie, you are so sweet! Thank you so much for your kind words 🤗 I hope you and your family are having a wonderful New Year ❤️
Lost my mom, but family is here. Family is so important. ❤️
Thank you for all you do. I really appreciate your research and all you do to put for your videos. I listen to them always. Love you. Stacie
I don't spent much on holiday gifts since I'm moved to Texas from California most if my friends are in CA. I already have little meaningful gifts for my friends.
Paid my entire vacation cash, start a year ahead budget monthly.
I’ve been doing food delivery for almost a year now. 👍🏻👍🏻
Your stuff is different than everyone else's! Thank you for putting so much thought into it
Your voice is so soothing! You’re like the sister I need that tells me to get my sh*t together in a loving way, lol
Aww... thank you so much! 🤗
I’m interested in learning more about your organization tips
My “excuse” is because I’m stuck at a dead end job and need a better paying job. I’ve worked for this same call center for going on 6 years since late 2018 and I only make $11.50 per hour and get paid every 2 weeks and now they’ve cut my hours down to 21 hours per week. Who can live on that income?
Possible way to get a second income is if you commute into a city, sign up with Uber/Lyft and pick up people headed in your direction to cut commute/parking costs. Or if you live near a Amazon hub sign up to drop off a few packages that are on your way home. Hope this helps someone.
Very helpful- Thank you so much Jennifer♥
Your accent is cute and your videos are comforting! Thank you 🌹 determined to use these tips
Meredith, thank you so much! 🤗
Hi Jennifer, have a happy Sunday and a happy week. As usual, I enjoyed your video.
Hi Linda, I hope you are having a great summer! It is really a hot one this year. Stay cool 🤗
Oh my Lord! This is the best motivational video I have listened too since I started wanting to be in control of my money! I am so in debt, and I have done every mistake you talked about and it just hit home and it really opened up my eyes and my mind! Thank you for the best video ever!
Thank you so much! That really means a lot to me 🤗 You've got this! Hang in there and stay focused.
I Love your Videos practical information Thanks Jennifer 👍
You are so welcome! 🤗
thank you ❤
The dodge ball example was great! Good suggestions!
Stephanie, thank you so much! I am glad you connected with that analogy 🤗
I am budgeting for new tires by the end of the year.
You don't have to buy Michelin.
@@totit_t1445 I don't I buy Goodyear
Am learning to squirrel money away it was long time over due at my big age!
Just found your channel, really enjoying your content.
Thank you so much!
Many thanks ❤
Thank you Jennifer!
Thank you! I hope you have a wonderful week 🤗
@@THEJENNIFERCOOK You too!
Budgetting is truly essential!
100%
😊 thank you
Video about simplifying life and decluttering please! 😊
🤗
My first time here and I love you already thank u❤
Welcome! Thank you so much for watching the video 🤗
thank you
This is so true, i'm almost 61 and lived almost my hole adult life in debt. I'n our family it was "normal" The last few years where debtfree and working hard to stay debtfree and having a healty financiël safetynet so we can helpout someone in need without falling back into debt. Wish we saw "the light"😂 earlier in life, it would have safed us a lot off sleepless nights😉
Try not to regret the past because now you have experience knowing the difference. It feels amazing being debt free! 🤗
@@THEJENNIFERCOOK i don't regret a thing, my first husband dyed 20 years ago...we made some awsam memories with that money😘
EXCELLENT VIDEO ‼️
Diane, thank you so much! 🤗
please, can you make a video about organising. thanks
Why oh why do we think we deserve something? Do we really deserve something? What did we do to cause us to deserve something over someone else? This drives me crazy, thank you for mentioning it.❤
Great info!
I would love to see how you do your budget. Thanks for your insight.
🤗
Wow this was great. Thank you!
🤗
Your videos are always helpful
Great job ❤❤❤😊😊😊
🤗
Thank you for the sound advice you are giving on your channel!
You are so welcome! 🤗
Great insight
It was a beautiful morning listening to your video as I did my chores around the house. It really affirms to me that I am heading in the right direction. You are definitely part of my tribe.
May, that makes me smile! Hugs 🤗
How should I do my budget in excel or world document?
Sincerely,
Andrew Wiggins
Jennifer your skin is amazing. What skin care products do you use and what is your skin care routine like?
Hi Amy, thank you so much! For about 5 years I have been using the same two items. I use Neutrogena Oil Free Acne Wash and Cerave Skin Renewing Night Cream. It wasn't until I simplified my routine that my skin cleared up. I also drink a lot of water.
I also have to use oil free products. I like Image products and have been so good with my fave routine - morning and night. I do, however have large pores genetically. You have beautiful skin, it glows. It’s great that you’ve found a nice simple routine that works for you. Thank you for sharing and answering. Great video also 🤗
* face routine not fave routine 😊
Very good advice!
Tammy, thank you! 😊
Good tips
I would always welcome more information on how to budget; specifically if we aren't in debt (other than our mortgage), and we pay off our CC's every month, but we don't save anything. So many videos talk about being in debt, but no one addresses this type of situation when you aren't really in debt, but you aren't saving either. Just evening out. Thanks!
Thank you, Laura! I will work on a video to discuss saving and the next steps.
You just have to make a decision to save. Period! It seems just that simple but it actually is. We make money way more complicated than it is.
Just like you decided to get out of debt 💸 and did it
Just do it when it comes to saving.
By the way, once you are debt free you should have more money to save. If you don’t you’re doing something wrong.
Maybe overspending in an area that you aren’t considering. Don’t put you finances on auto pilot. You be the pilot that directs the plane.
It’s my opinion but I hope that helps.
Believe it or not using those credit cards doesn’t help. Paying them off monthly isn’t the best thing, not using is best. Trust me, you are spending more money using credit.
So to the point no wasted talking Thanks so much
Thank you 🤗
A few years ago, I did quite a few off the books money - babysitting, accounting & organizing. I did my travel tea parties. I even moved in with a family and paid for my housing by babysitting and cooking. It also helped me pay my debts and helped me save.
Great job!
What are travel tea parties?
@@angepenniman I do tea parties at your home with English tea sets, scones, sandwich s & pastries
@@gladyschandler6724that is so unique and sounds fun
I love that these are all true - helpful but realistic. No unnecessary hyping of saving tips.
Kina, thank you so much! 🤗
Thank you for the tips
Thank you! 🤗
@@THEJENNIFERCOOK You’re welcome
I enjoy all of your videos
Angelique, thank you so much 🤗
Also..when you do get a little extra money, keep your mouth shut,or you'll have all kinds of friends wanting to borrow from you 😂
I like your videos!!
Angela, thank you! 🤗
This is an exceptional video!
You now have a new subscriber.
Thank you for sharing 👏🏾
Ann, welcome! Thank you so much for watching the video 🤗 Have a wonderful weekend!
Hi!! You were actually talking about me when you mention point number 10!!! I want it sooo much but i have afew coffee in the fancy shop and then get food out and think i will start next month 😮...this cant go on I dont wsnt to me 'stuck' like this anymore!!! Time to get organised 🎉
You can do this! Step one is identifying the change you want to make. Now you can put it into action! 🤗
Good video
Thanks ❤
Great video, practical information that is relevant and relatable.
Credit cards are designed to keep poor people poor. The rich people are the ones paying cards off every month. Who is paying 29% and late fees? Who is paying 7% on car loans? Who is paying more because of a low credit score? Wake up people!!! A borrower is a slave to the lender.
Love Zig Ziglar quote! You made so many good points and gave so many good suggestions. Thank you😊
Mary, thank you so much! 🤗
Awesome video. Such amazing insight and guidance. As usual. Thanks Jennifer!
Libby, thank you for your kind words! Have a wonderful week 🤗
Those who fail to plan. Plan to fail.
I ❤ the dodge ball analogy. Thank you so much for your videos.
Fantastic! Thanks so much 🤗
Sometimes life just deals you some rotten eggs. 🤷 You cannot control if before your first check at the fancy great job sees your child in 2 emergency rooms and a week in the hospital followed by hundreds of extra dollars spent monthly to keep them alive.... Money that could have been a change but it's not now. and there are a million other scenarios.
Yeah and what about those who are under employed for their expenses. I used to live with 3 other and between the 3 of them I was the only one that "made enough."
Love your tips!
Thank you so much!
I’m glad you mentioned the flea story. It makes a lot of sense to me. We are limiting ourselves. We don’t think we can save much money when in fact we are able to. We just don’t believe that we can do it!
Exactly! I am glad the flea story helped 🤗
I remember when I was in my thirtys and married raining a daughter and just having so much debit that I had to claim bankruptcy it was so upsetting I lost my credit and my dignity my husband's not much of help at that time.But today years later my credit it 800 no debit I own my home work and today I can say I did it alone yes it was not ez but I work a full time overtime and part time job as well and just stuck to it..😊
Barbara, what amazing determination and work ethic! Thank you for sharing this 🤗
❤
You sound great. It seems like you have gained a lot of confidence and stamina. And you hit that topic right on. Congratulations! Awesome video!!
Thank you so much! 🤗
So grateful for this video❤
🤗
I definitely am interested in optimizing life. ⭐️
Yes, please do one about organizing that would be great. You keep not notifying on your new ones on my UA-cam for some reason. I just love listening to you and your advice. It’s so good thank you.
Hi Brenda, thanks so much! ❤️
Very pertinent and important information at any level! Thanks! That was great❤
Thank you so much 🤗
Please do video about organisation 🙏
This is a really good video. Really good video.
This video helps me out a lot; thank you Jennifer
I believe that a lot is the immediate gratification entitlement. I want it now.
I have never lived paycheck to paycheck, and I pray to god that never happens to me! 🙏🙏
Let me tell you, it's a bloody nightmare that doesn't seem to have a damn end !
Hi Jennifer! Great informative video as always.
Thank you! 🤗
You should have more likes!!!!!! Good helpful information 💯
Thank you so much!
First rule : make more money!!!
I've been doing the money envelopes since 2020....which helped alot. I write on the envelope what it's for and how much goes in weekly. Life style creep can still be an issue....I have started an ebay store to get rid of extra stuff and have sold a few things. Also went back to eating more potatoes and eggs, than meat based things. If I see flat bread pizzas on sale that are about to go bad, I buy them all and freeze them. Then take them out 1 at a time, which will cover 2 meals because I cut them in half and cook them in a toaster oven. My debt went way down since 2020. Now I have a house payment because I had a tiny house built so my debt literally looks the same as it was precovid. But instead of owing $74,000 in CC debt, I owe maybe $32,000 in CCs, and $33,000 on my tiny house. So my debt load is better and half as much on the revolving side as it was in 2020. No car payment. I am paying a disaster loan back my business got after the shutdown, which I wouldn't take out if I had it to do over. But in 2020, I had to take it to prevent bankruptcy. That disaster loan literally does feel like I'm robbing my future self. But it has allowed me to right alot of things that were tipsy 3 yrs ago.
If where I live would pay at least 15/hr I wouldn’t be behind the 8 ball.
Have no spent day, week or month.
Love your tips so helpful
Living paycheck to paycheck is most commonly learned from growing up in a paycheck to paycheck family. A great many people think their budget is stretched to the bone without any room - until maybe they find someone with less money only spending $1 to $2 a day total on their food. Spending $10 on one fast food meal may seem bare bones - but for some that is their total spent for a week on food. Jennifer speaks the truth. Make the changes you need to gain control over your money. I have a tip that might help people: be diligent on returning things to the store for a refund. A lot of people don't return the things they didn't use or don't need, or that were simply bad items. If I buy a package of maple bacon jerky on a whim and hate the flavor, I will return it. If I buy several pieces of wood at a home center and do not use all of it, I will return the unused pieces. All those small refunds can quickly become a $100 or more back into my monthly budget. Its better of course to be more careful or intentional in your purchases - but until you learn that skill, do not be shy about returning mistake purchases.
❤
Also, I’d love to see a video on simplifying and decluttering.
🤗