Yes please to children and finance!!!!! I’d love to know what you expect your children to pay for and when, allowance, chores and gift budgeting for your children and family/friends.
I love that you talk about budgeting, finances, manners, etiquette, grooming, etc!! There’s nothing elegant about being in (unnecessary) debt or eating junk food in our exercise clothes every day. There’s also nothing shameful about living on a budget, yet so few people are willing to talk about it! Thank you for sharing 😃
I’ve been loving your videos for years and especially love you holiday budgeting and planning series. This year will be so different and difficult for many of us. For me, my job loss means my budget has completely changed and it’s hard to even imagine looking at the holidays in a COVID 19 world. Many of my family members need to self isolate due to chronic health issues. I’m hoping that you will consider doing a holiday planning with these restrictions in mind. Best wishes for good health and happiness always.
Great job Tracy. I love all your ideas and advice. We have a similar budgeting system. Some people believe it's constricting but it actually brings feelings of freedom and control. Have an amazing new year!
This is just the best thing since sliced bread. I started this last year after watching your video and it was just awesome having that money to spend this year for Christmas. I even purchased myself something nice and had a little left over.
Tracy your envelope system is a miracle! I only started using it for the past 5 months, yet I saved for all the Christmas shopping and half of the budget for my trip to Berlin in 2019! I am planning on using the system for all of 2019! Thank you for your wonderful advices this past year! I hope you have a great New Year's Eve! Lots of love! 💕💕💕
Tracy once again you have shared priceless information. I will have a peaceful Christmas 2019. I struggled with being prepared financially and I see the benefits of the envelope system. It is forcing me to think about how I spend money. It is also helping to stay focused. I have spent money on many unnecessary things. Now I have color. Thank you for taking the time to share with us. You are beautiful inside and out. 😊
Tracy, I remembered you said you started planning for the next Christmas the day after Christmas and I am thrilled to see this! This video was so helpful!! I am very impressed with your practical approach to living well.
Thank you Tracy , I have been doing the envelope system for 7 months and it help tremendously for Christmas shopping . I was able to get several gifts paying cash and was discipline with the envelope budgeting . Today is December 26th 2018 and I am ready to start budgeting for Christmas 2019 . Thank you again for all your advice . Cheers
You look fantastic 💄 I can't wait to spend time with my children this Christmas . I have twin granddaughters ( son a sheriff Dept in the Army now ) the girls are three and I haven't seen them for a year 🌻I'm so excited . I really want to enjoy it . Being prepared is very wise . I'm from a large Military family ( Christians ) it's been a great years since I have spent money at Christmas . It's very cleansing not to put that pressure on oneself . I am so excited for 2019 Christmas 🎉 though it's going to be so much fun . Debt free .
I’d love a video on children and finances! My son is turning 7.. and we’re now starting to talk about saving money and the importance of it. Even our 3 year old daughter understands about saving money. I’d love to see what you’ve done with your children from a young age. And we LOVE Dave Ramsey in our house!
Huge user of the app Giftlist. This way I out in the budgeted amount oer person and if say I find what I want to get them on sale in July I purchase and enter into the app under there name with the $ amount. That way come novemeber when I am getting the last of it done I knwo who I have bought for already and it gives a running total. This has worked very well to stay on budget and not either over spend or buy duplicates for people or add people randomly. Totally going to do an account for birthdays! Never thought of having a secondary account for that in addition to christmas makes sense!
Merry Christmas Tracy! Thank you so much for all of your insightful videos. I'm 23 and your budgeting series has been such blessing! I started implementing these strategies and have become such a saver!! I would love it if you continued with an investing series... especially how to get started. It would be very interesting to know how you manage your investments as well as how you taught your children about how to get started with investing. :)
Tracy this is an excellent idea! I’m sorry to say that I’ve been using credit cards and it’s a nightmare. My goal is to change that! On another note.... I made your Christmas dirt pudding and peanut butter bars! Oh my those two were a hit in my house on Christmas. I just love your channel thank you!
Thank you Ann! You are one of the few that will admit to credit card use and abuse. Honestly not only shows a lot about a person, but it also indicates the potential level that a person can succeed in. If you say your goal is to change something, you will. You have taken ownership and responsibility. True characteristics of people that are willing to make a change. God Bless you! I LOVE that you made my desserts and that they were such a hit!!! Wishing you much success in 2019!
Tracy I enjoyed this video so much. You are posting it at a perfect time...right before the January pay checks start rolling in. I have watched all of your budgeting videos and I'm excited to start out the new year with a 2019 Christmas budget plan. My husband and I were able to use mostly cash for our three children this year but I would love to have that money available sooner. I have added a page in my new bullet journal so I can implement this for Christmas 2019 and a June vacation. I'm realizing now that June envelope should have been started sooner but that's ok. I would also LOVE the budgeting tips for children. My kids are 11,8, and 6 so this is a great time to get them on board. Thanks so much.
I would love vids on how you taught your children... ours are 6 and 8 and we have started small with a bank for their room divided into 10% give 20% save and the rest enjoy... however I feel we could do more so I would love to see your strategies that worked for you.
Your right I remember back in the day where we has Christmas accounts where a certain amount was put in and in November the bank gave you your Christmas money. Lol back in that time we did not have on line purchasing. I do what you do now and Christmas is always debt free 👏🏼👏🏼👏🏼🙋🏻🎄
Hi Tracy- I appreciate this video so much today! Thank you and this comes in handy for my husband and I. I'm calling a "business meeting" for the weekend and we will revisit this method again.
My mother taught me a similar system saving for Christmas; which I didn’t follow in my younger years. 🤭 until I became a mother of 3. Indeed helpful and less stressful
Love this! We also use the Dave Ramsey envelope system. Have for 10 years! I'd absolutely love to see a video about how you taught your children about budgeting.
Please do a kids money video! Trying to learn as much as possible about generational wealth and being able to teach my children some good money Management as they grow would be wonderful!
Hi Emily! Thank you for sharing! I grew up with the 6 P's. It's very similar to yours .... Proper Preparation Prevents P.... poor performance!! I'll never forget it! lol Happy New Year!
I love when you talk about your bank! I work there and you sound like me a lot of the time. When you spoke on Instagram about the importance and ease of our High School Checking account I wanted to play you in my lobby!
Thank you so much for this Tracy! I wish I were as savvy as you. I have found myself so stressed over money this Christmas and so much has gone on the credit card. I will try to fill an envelope for 2019
Wonderful suggestions! My husband and I will be sitting down to discuss budget in 2019 as I am expecting our first child and plan on working one day per week. Would you do a video about how you taught your children how to budget like you mentioned in the video? I would like to get a good start on that bc it’s something they’ll need their whole life! Thanks!
I've enjoyed your budgeting videos and this new one as well. Helpful future videos would include investing and how to help our children with budgeting. I find the process to be overwhelming. I have started a budget using the envelope method several times. There are so many categories to include. I've tried broadening and also narrowing categories but still end up with too much to consider. It's the little expenses that trip you up, such as, scholastic book orders, an unexpected gift, etc. Making a workable budget and putting it into play can be very trying. Thanks for all the information and guidance you provide.
Please would love to see a kids budget and how you teach your kids..and how you built your dream home! Btw I love your coffee setup in your laundry room it's genius! But I love your home!❤❤
Great video . I'm totally started with a budget then go off track lost count of how much I spent smh 🤨 . However I did NOT used plastic 😊 . I will be using this method next year ! I'm totally doing this for vacation
Yes please for the budgeting skills for the 5 kids! I had my 14 year old make an envelope for her Christmas budget this year and she put away $10 for 5 weeks and I was encouraged by that. Got 4 more kids to go so please share your wisdom! 💕 Love your family.
I would love more finance or parenting videos! I find it really interesting. My girls are still at the lemonade stand stage. :) Also, can you speak more about the side hustle and what your thoughts on that when your girls were younger?
Great video. Thanks for this content. We haven't backed off as we only have one child, one in-law and on grandchild and we adore them all to distraction! However we've told them that when we retire things will slow down a bit. Great info.
I thank you for this and hope to see one for the children really need this as i didn't get this in my youth from my mom who was quiet about money who was great at it. I don't want my kids to follow my habits who are adults and making mistakes. I have a teen who is graduating early in a few months but will be done in school in January . She asked me questions about credit money i try to tell her . I was left inheritance for 30 years and wealth but i need to have her be greater than my husband and me.
Hi Tracey, Hope you had a very Merry Christmas and a blessed new year.Thanks for this video, timing is perfect as we all reflect on what we spent. I have my number for 2019, I decided to just set a hard number that I am willing to spend and thats it and that is what I will save for. This will include gifts, decor, and food for the holiodays. I have my number and I have my envelope so 1st check of 2019 let it begin!!!! Thanks.
Thank you Francina! I think that is wonderful that you have set your number and plan on getting right on it .. the first of the year. You will be thankful for that decision.
❤ this video, thanks for the tips. would love for you to do a kids budgeting/ teaching kids about money. have a 10, 8 and 3 year old so would even ❤ a video on budget planning for a family vacation and paying household bills. Thanks for sharing
I use a free app called Santa’s Little Helper. Not only do I budget gifts there, I include stockings gifts, Christmas cards & stamps, wrapping paper, decor, food/beverages (we host Christmas Eve & Day). I was a little shocked how big the number was this year.
You make the most helpful, tasteful and interesting videos! So after the Christmas videos would you help us ladies out for Valentine’s Day? I’m at a total loss for gifts or plans with my sweet man!
Hi Tracy I would love a teaching video about investments.Really could use some pointers for myself and my adult children. Thank you and Happy New Year to you and your family.
I am doing this!! How do you navigate buying gifts throughout the year that are for Christmas? Ie do you buy it then make sure that amount is accounted for in your envelope? I could see this getting messy very quicky. Happy new year Tracy! You've had such an impact on me this year 🙏 I also made your choco PB bars which were AMAZING 💜 thank you! ( or..not..maybe!) 🤪😁
That's fantastic Laura! I wish you much luck this year. I will be interested in hearing how you feel come Christmas 2019. You are absolutely correct. Let's say that I find a good deal and purchase something in January. It gets recorded ... generally I will put the receipt in the envelope with the person name on the receipt. Then I will pay myself back from the money that gets put in the envelope. I deposit the money back into my business account. I hope this answers your question. Glad you loved the Peanut Butter Bars.
I would love to see more about investing, it's something I'm so interested in doing, but I am just not sure where to start as there are so many scammers and sharks out there.
Hi Tracy - Merry Christmas! I would LOVE to hear the methods you implemented with your girls! I've really got to get on instagram, I don't have it but I may just get it to follow you over there. Thanks so much for all you do, your wisdom & willingness to share it has made an indelible impact on my mindset, thanks again!
Although I agree that Christmas savings is not an investment, it also isn't a bad idea to have it in savings and receive a tiny bit of extra money. Why not get a "tip" for saving ahead.
Wow! Never thought about what. Spend! Thank you for an eye opener! I’m gonna do it. Can you please make a video about how to teach kids about money? We got a chase account for our son including an attached savings. We have not given him that card for fear he will blow through his money. The debit has only 200.00 on it ( not his savings amount) I can view purchases on line. My question is how do I start this process. He is 16... I know kinda old to start, but he is a bit immature and thinks he comes from wealth. Ugh. Told him that is not the case! Thank you Tracey!! Love all of your content ❤️😘 Merry Christmas to you and your beautiful family!
Thank you for sharing, Irene! Yo are certainly not too late. But, yes .... Starr ASAP. I especially say that due to your comment about your son thinking he comes from wealth. That is a clear indicator of not being taught the value of a dollar, hard work and living below your means. He will catch on very quickly. You need to get him using that debit card and patrol the heck out of it. Every transaction is an opportunity for discussing and teaching. Good Luck!! Hope you and your family had a Merry Christmas, as well. Many blessings wished to you in 2019!
Thanks for sharing . We also use envelopes to plan for Christmas. Curious do you use a different one for all the other Christmas expenses? Deco, food, panto, travel, vistiting Santa, new outfits etc? That makes up about half our overall Christmas budget.
Thank you! To answer your question, Yes. I recently shared about out Christmas Party that we host every year. I had went over budget by a couple hundred dollars this year. We made some changes from the past few years and I had not allocated enough. Next year I will.
Thank you for this video Please do a video about teaching teenagers about Budgeting. Although I have small children I like to teach my younger brother, he is 10th grade. I been meaning to teach him but I don't know where to start. Thanks again. ♥️
Tracy, regarding how to utilize the cash in the envelopes to make online purchases, we keep one (and ONLY one) credit card with a high reward program and we purchase as much as we can with this card, then deposit the cash into our household checking acct and pay the card off in full each month. It sounds like a lot of extra steps, but those cash back rewards add up quickly (and why NOT take advantage of them?). xoxo
Tracy, you look gorgeous. Can you please do a video all about Botox and fillers. How many units? How often? Ian afraid of having anything done but you make it look beautiful and natural. I’m 28: when would you suggest I start getting Botox to prevent wrinkles?
Don’t you really still have 24 paychecks - just allocate the last 3 checks of this year to the next year’s Christmas envelope. Then the last 3 checks from 2019 go into 2020 envelope. Would love to see money management for teens!!
I must have misunderstood. I thought you said because you want the money available to shop by early December, that you really only had 22 checks to draw from. I enjoy your videos! Happy 2019!
Hi Lynn! A debit card works the same as a credit card. It's just that you are not borrowing money that does not belong to you. You have the money up front.
Tracy Hensel ok my debit card you can’t use for purchases online I would have to use Paypal if I did t want to use my credit card but that is a hassle if you need to return it would take up to 30 days for a refund I’m in Canada by the way I think some banks have visa debit cards now
Please make more videos about budgeting. Like cutting down on bills. And creating more sources of income.
Yes please to children and finance!!!!! I’d love to know what you expect your children to pay for and when, allowance, chores and gift budgeting for your children and family/friends.
Also.... backing on from the gift side of things.... when to decide to stop purchasing for kids, friends and family.... eg age? Closeness etc?
I love that you talk about budgeting, finances, manners, etiquette, grooming, etc!! There’s nothing elegant about being in (unnecessary) debt or eating junk food in our exercise clothes every day. There’s also nothing shameful about living on a budget, yet so few people are willing to talk about it! Thank you for sharing 😃
Thank you Diana! I appreciate your wonderful message! God Bless!
Yes please on talking about teaching children about money!
I’ve been loving your videos for years and especially love you holiday budgeting and planning series. This year will be so different and difficult for many of us. For me, my job loss means my budget has completely changed and it’s hard to even imagine looking at the holidays in a COVID 19 world. Many of my family members need to self isolate due to chronic health issues. I’m hoping that you will consider doing a holiday planning with these restrictions in mind. Best wishes for good health and happiness always.
Yes please teach me how to teach my kids about budgeting! It's a very important life skill to have.
Yes !! Please!! Want to see what you taught your children!!
Hi Tracy. Great video as always. Maybe you can make a few videos about investing in the future we would love it.
Great job Tracy. I love all your ideas and advice. We have a similar budgeting system. Some people believe it's constricting but it actually brings feelings of freedom and control. Have an amazing new year!
Thank you Wendy! I agree that some people don't see the value in this system. Those people are generally relying on plastic. To each their own.
This is just the best thing since sliced bread. I started this last year after watching your video and it was just awesome having that money to spend this year for Christmas. I even purchased myself something nice and had a little left over.
Tracy your envelope system is a miracle! I only started using it for the past 5 months, yet I saved for all the Christmas shopping and half of the budget for my trip to Berlin in 2019! I am planning on using the system for all of 2019! Thank you for your wonderful advices this past year! I hope you have a great New Year's Eve! Lots of love! 💕💕💕
That is fantastic! Keep up the great work in 2019!! Thanks for sharing! Wishing you a wonderful NYE, as well.
Always love a ‘Tracy video’!!! Can’t wait for my 1st session with you!! My One Word this year-PROACTIVE!!!
Love it, Sheri! You are awesome in so many ways. You motivate me! Looking forward to out session, as well!!
Tracy once again you have shared priceless information. I will have a peaceful Christmas 2019. I struggled with being prepared financially and I see the benefits of the envelope system. It is forcing me to think about how I spend money. It is also helping to stay focused. I have spent money on many unnecessary things. Now I have color. Thank you for taking the time to share with us. You are beautiful inside and out. 😊
Thank you! I appreciate it!! Good Luck with the system!
Yes Tracy please make the video can wait to see it love your videos.
I would LOVE to watch videos on tips how to bring up children. Having five you must know so much. Thank.you. Love your videos.
Thank you!
Agree !!!
Tracy, I remembered you said you started planning for the next Christmas the day after Christmas and I am thrilled to see this! This video was so helpful!! I am very impressed with your practical approach to living well.
Thank you Tracy , I have been doing the envelope system for 7 months and it help tremendously for Christmas shopping . I was able to get several gifts paying cash and was discipline with the envelope budgeting . Today is December 26th 2018 and I am ready to start budgeting for Christmas 2019 . Thank you again for all your advice . Cheers
Another great video!! Would love to see the video on educating your girls about finances and any other budget/finance themed as well.
You look fantastic 💄 I can't wait to spend time with my children this Christmas . I have twin granddaughters ( son a sheriff Dept in the Army now ) the girls are three and I haven't seen them for a year 🌻I'm so excited . I really want to enjoy it . Being prepared is very wise . I'm from a large Military family ( Christians ) it's been a great years since I have spent money at Christmas . It's very cleansing not to put that pressure on oneself . I am so excited for 2019 Christmas 🎉 though it's going to be so much fun . Debt free .
It’s that time of year again!
Yes yes....would love to hear tips to teach my son. Much appreciated.
Thank you!! Yes, investing videos please!
I’d love a video on children and finances! My son is turning 7.. and we’re now starting to talk about saving money and the importance of it. Even our 3 year old daughter understands about saving money. I’d love to see what you’ve done with your children from a young age.
And we LOVE Dave Ramsey in our house!
Huge user of the app Giftlist. This way I out in the budgeted amount oer person and if say I find what I want to get them on sale in July I purchase and enter into the app under there name with the $ amount. That way come novemeber when I am getting the last of it done I knwo who I have bought for already and it gives a running total. This has worked very well to stay on budget and not either over spend or buy duplicates for people or add people randomly. Totally going to do an account for birthdays! Never thought of having a secondary account for that in addition to christmas makes sense!
I need to watch this when my kids are asleep coz you must have dropped wisdom nuggets. Liked it before watching lol.
😂 😂
Yes to kids budget video! Do you believe in snowball theory for cc debt?
Thank you and yes, I do believe in the Snowball Debt Payment Method!
Merry Christmas Tracy! Thank you so much for all of your insightful videos. I'm 23 and your budgeting series has been such blessing! I started implementing these strategies and have become such a saver!! I would love it if you continued with an investing series... especially how to get started. It would be very interesting to know how you manage your investments as well as how you taught your children about how to get started with investing. :)
Tracy this is an excellent idea! I’m sorry to say that I’ve been using credit cards and it’s a nightmare. My goal is to change that! On another note.... I made your Christmas dirt pudding and peanut butter bars! Oh my those two were a hit in my house on Christmas. I just love your channel thank you!
Thank you Ann! You are one of the few that will admit to credit card use and abuse. Honestly not only shows a lot about a person, but it also indicates the potential level that a person can succeed in. If you say your goal is to change something, you will. You have taken ownership and responsibility. True characteristics of people that are willing to make a change. God Bless you! I LOVE that you made my desserts and that they were such a hit!!! Wishing you much success in 2019!
I would love to see a video about teaching healthy money habits to children!
Yes Tracy please do a video on how you and your husband taught your children how to budget in such an early age 🙏
Just filmed it! Should be out within 2 weeks.
I’m so excited, thank you. I LOVE your videos and amazing tips. 💕 Best wishes for 2019. Happy New Year!
Love, love, love! Thank you Tracy! I would love a video on how to teach children how to budget! Keep up the amazing content!
Tracy I enjoyed this video so much. You are posting it at a perfect time...right before the January pay checks start rolling in. I have watched all of your budgeting videos and I'm excited to start out the new year with a 2019 Christmas budget plan. My husband and I were able to use mostly cash for our three children this year but I would love to have that money available sooner. I have added a page in my new bullet journal so I can implement this for Christmas 2019 and a June vacation. I'm realizing now that June envelope should have been started sooner but that's ok. I would also LOVE the budgeting tips for children. My kids are 11,8, and 6 so this is a great time to get them on board. Thanks so much.
Would love to hear how you taught your children about money and also other life skills/chores/organization...anything parenting. 💖
I encourage you to watch those videos then. I have a huge library of those videos.
I would love vids on how you taught your children... ours are 6 and 8 and we have started small with a bank for their room divided into 10% give 20% save and the rest enjoy... however I feel we could do more so I would love to see your strategies that worked for you.
Another Great video Tracy as usual. You are amazing!!!!
Thank you!
Your right I remember back in the day where we has Christmas accounts where a certain amount was put in and in November the bank gave you your Christmas money. Lol back in that time we did not have on line purchasing. I do what you do now and Christmas is always debt free 👏🏼👏🏼👏🏼🙋🏻🎄
Hi Tracy- I appreciate this video so much today! Thank you and this comes in handy for my husband and I. I'm calling a "business meeting" for the weekend and we will revisit this method again.
Yeah for budgeting tips for children 🙂
My mother taught me a similar system saving for Christmas; which I didn’t follow in my younger years. 🤭 until I became a mother of 3. Indeed helpful and less stressful
Love this! We also use the Dave Ramsey envelope system. Have for 10 years! I'd absolutely love to see a video about how you taught your children about budgeting.
Please do a kids money video! Trying to learn as much as possible about generational wealth and being able to teach my children some good money Management as they grow would be wonderful!
Love this video! My motto is “Prior Planning Prevents Poor Performance”- the 5 P’s 👍🏼
Hi Emily! Thank you for sharing! I grew up with the 6 P's. It's very similar to yours .... Proper Preparation Prevents P.... poor performance!! I'll never forget it! lol Happy New Year!
I love when you talk about your bank! I work there and you sound like me a lot of the time. When you spoke on Instagram about the importance and ease of our High School Checking account I wanted to play you in my lobby!
Love this, Dawna! Thank you for sharing!
Hi Tracy! Yes, please! Thank you!
Thank you so much for this Tracy! I wish I were as savvy as you. I have found myself so stressed over money this Christmas and so much has gone on the credit card. I will try to fill an envelope for 2019
Wonderful suggestions! My husband and I will be sitting down to discuss budget in 2019 as I am expecting our first child and plan on working one day per week. Would you do a video about how you taught your children how to budget like you mentioned in the video? I would like to get a good start on that bc it’s something they’ll need their whole life! Thanks!
Thank you Stephanie! Congratulations on expecting and Good luck with your first baby.
Great video! Would love to hear about how you helped your kids with learning about finances!
I've enjoyed your budgeting videos and this new one as well. Helpful future videos would include investing and how to help our children with budgeting. I find the process to be overwhelming. I have started a budget using the envelope method several times. There are so many categories to include. I've tried broadening and also narrowing categories but still end up with too much to consider. It's the little expenses that trip you up, such as, scholastic book orders, an unexpected gift, etc. Making a workable budget and putting it into play can be very trying. Thanks for all the information and guidance you provide.
Please would love to see a kids budget and how you teach your kids..and how you built your dream home! Btw I love your coffee setup in your laundry room it's genius! But I love your home!❤❤
Thank you Jamie!
Great video . I'm totally started with a budget then go off track lost count of how much I spent smh 🤨 . However I did NOT used plastic 😊 . I will be using this method next year ! I'm totally doing this for vacation
Yes please for the budgeting skills for the 5 kids! I had my 14 year old make an envelope for her Christmas budget this year and she put away $10 for 5 weeks and I was encouraged by that. Got 4 more kids to go so please share your wisdom! 💕 Love your family.
Thank you! Keep up the great work!!
Tracy Hensel hoping to get a session or 2 in with you in February 🤗
This is great advice. I am going to work on this.
Hi Tracy! I would also love to hear about your principles of money that you have taught your children.
I would love more finance or parenting videos! I find it really interesting. My girls are still at the lemonade stand stage. :) Also, can you speak more about the side hustle and what your thoughts on that when your girls were younger?
Yes please do video on children and finances 😊
Thanks Tracy
Great video. Thanks for this content. We haven't backed off as we only have one child, one in-law and on grandchild and we adore them all to distraction! However we've told them that when we retire things will slow down a bit. Great info.
Great communication.Enjoy and savor the moment.
Thank you Lady Tracy ❤️💫✨
I thank you for this and hope to see one for the children really need this as i didn't get this in my youth from my mom who was quiet about money who was great at it. I don't want my kids to follow my habits who are adults and making mistakes. I have a teen who is graduating early in a few months but will be done in school in January . She asked me questions about credit money i try to tell her . I was left inheritance for 30 years and wealth but i need to have her be greater than my husband and me.
Hi Tracey, Hope you had a very Merry Christmas and a blessed new year.Thanks for this video, timing is perfect as we all reflect on what we spent. I have my number for 2019, I decided to just set a hard number that I am willing to spend and thats it and that is what I will save for. This will include gifts, decor, and food for the holiodays. I have my number and I have my envelope so 1st check of 2019 let it begin!!!! Thanks.
Thank you Francina! I think that is wonderful that you have set your number and plan on getting right on it .. the first of the year. You will be thankful for that decision.
This helped me so much!!!!
❤ this video, thanks for the tips. would love for you to do a kids budgeting/ teaching kids about money. have a 10, 8 and 3 year old so would even ❤ a video on budget planning for a family vacation and paying household bills.
Thanks for sharing
Tracy I would love to see what you eat in a day
Love to learn from you. Thank you, Tracy
Yes please!!!!
I use a free app called Santa’s Little Helper. Not only do I budget gifts there, I include stockings gifts, Christmas cards & stamps, wrapping paper, decor, food/beverages (we host Christmas Eve & Day). I was a little shocked how big the number was this year.
You make the most helpful, tasteful and interesting videos!
So after the Christmas videos would you help us ladies out for Valentine’s Day? I’m at a total loss for gifts or plans with my sweet man!
Thank you!
Hi Tracy I would love a teaching video about investments.Really could use some pointers for myself and my adult children. Thank you and Happy New Year to you and your family.
Do film the budgeting video for kida!
How much is too much to spend for Christmas? Is there an etiquette?
Thank you for your question. I answered your question on Instagram Stories. Please hear my reply there.
I am doing this!! How do you navigate buying gifts throughout the year that are for Christmas? Ie do you buy it then make sure that amount is accounted for in your envelope? I could see this getting messy very quicky. Happy new year Tracy! You've had such an impact on me this year 🙏 I also made your choco PB bars which were AMAZING 💜 thank you! ( or..not..maybe!) 🤪😁
That's fantastic Laura! I wish you much luck this year. I will be interested in hearing how you feel come Christmas 2019. You are absolutely correct. Let's say that I find a good deal and purchase something in January. It gets recorded ... generally I will put the receipt in the envelope with the person name on the receipt. Then I will pay myself back from the money that gets put in the envelope. I deposit the money back into my business account. I hope this answers your question. Glad you loved the Peanut Butter Bars.
@@TracyHensel makes sense! Thank you Tracy.
I would love to see more about investing, it's something I'm so interested in doing, but I am just not sure where to start as there are so many scammers and sharks out there.
Hi Tracy - Merry Christmas! I would LOVE to hear the methods you implemented with your girls! I've really got to get on instagram, I don't have it but I may just get it to follow you over there. Thanks so much for all you do, your wisdom & willingness to share it has made an indelible impact on my mindset, thanks again!
Very good
Loved it Tracy
Great video! Love it!
Although I agree that Christmas savings is not an investment, it also isn't a bad idea to have it in savings and receive a tiny bit of extra money. Why not get a "tip" for saving ahead.
Hi Jannie! I cover that topic in today's video!
Wow! Never thought about what. Spend! Thank you for an eye opener! I’m gonna do it. Can you please make a video about how to teach kids about money? We got a chase account for our son including an attached savings. We have not given him that card for fear he will blow through his money. The debit has only 200.00 on it ( not his savings amount) I can view purchases on line. My question is how do I start this process. He is 16... I know kinda old to start, but he is a bit immature and thinks he comes from wealth. Ugh. Told him that is not the case! Thank you Tracey!! Love all of your content ❤️😘 Merry Christmas to you and your beautiful family!
Thank you for sharing, Irene! Yo are certainly not too late. But, yes .... Starr ASAP. I especially say that due to your comment about your son thinking he comes from wealth. That is a clear indicator of not being taught the value of a dollar, hard work and living below your means. He will catch on very quickly. You need to get him using that debit card and patrol the heck out of it. Every transaction is an opportunity for discussing and teaching. Good Luck!! Hope you and your family had a Merry Christmas, as well. Many blessings wished to you in 2019!
Thanks for sharing . We also use envelopes to plan for Christmas. Curious do you use a different one for all the other Christmas expenses? Deco, food, panto, travel, vistiting Santa, new outfits etc? That makes up about half our overall Christmas budget.
Thank you! To answer your question, Yes. I recently shared about out Christmas Party that we host every year. I had went over budget by a couple hundred dollars this year. We made some changes from the past few years and I had not allocated enough. Next year I will.
Thank you for this video
Please do a video about teaching teenagers about Budgeting. Although I have small children I like to teach my younger brother, he is 10th grade. I been meaning to teach him but I don't know where to start. Thanks again. ♥️
Tracy, regarding how to utilize the cash in the envelopes to make online purchases, we keep one (and ONLY one) credit card with a high reward program and we purchase as much as we can with this card, then deposit the cash into our household checking acct and pay the card off in full each month. It sounds like a lot of extra steps, but those cash back rewards add up quickly (and why NOT take advantage of them?). xoxo
Thank You another great video 👍👍💕
Tracy, you look gorgeous. Can you please do a video all about Botox and fillers. How many units? How often? Ian afraid of having anything done but you make it look beautiful and natural. I’m 28: when would you suggest I start getting Botox to prevent wrinkles?
Thank you! Please reference my blog posts and videos for information on Botox and Fillers. That content is out there.
I will definitely be taking a look. Thank-you!
Hi Tracy..which Men's razor do you use? Thanks!!
Gillette Mach 3
Did you compete in a fitness competition?
Yes, I did at age 39, eleven years ago.
Don’t you really still have 24 paychecks - just allocate the last 3 checks of this year to the next year’s Christmas envelope. Then the last 3 checks from 2019 go into 2020 envelope.
Would love to see money management for teens!!
Yes, as I mentioned in the video, there are 24 paychecks coming from that income.
I must have misunderstood. I thought you said because you want the money available to shop by early December, that you really only had 22 checks to draw from. I enjoy your videos! Happy 2019!
Tracey Hensel my UA-cam MUSE. Please move over so that I can be enlightened.
Thank you 👌you know of a colour consultant to do my colour season 8 or 10 july
You could put that money onto a gift card also.
Yes, gift cards would be classified as gifts.
I think she meant the whole envelope amount to be put into a gift card in November and then use that gift card when you yourself buy the gifts.
Yes. Take the total amount and put on a gift card to purchase gifts, online or in store. 😊
I did this as well,@@Suzanlynn & it worked out perfectly!
If you don’t use a credit card how do you purchase anything online ?
Lynn Cardiff debit card
Opal O'Neill I didn’t know you could use debit cards online
Hi Lynn! A debit card works the same as a credit card. It's just that you are not borrowing money that does not belong to you. You have the money up front.
Tracy Hensel ok my debit card you can’t use for purchases online I would have to use Paypal if I did t want to use my credit card but that is a hassle if you need to return it would take up to 30 days for a refund I’m in Canada by the way I think some banks have visa debit cards now
Where’s your mother? I don’t believe a pretty, slim woman like you has five kids. Go get your Mother