Kate...do you jave any books that you recommend for learning about investments. I have no debt and I have a 3.month emergency fund and a budget. Next step is investing but I am very ignorant..don't know where to even start. It is very intimidating to be and I have alpt of anxiety around this for some reason. Thanks
I had to laugh when you said you were in your forties...I am nearly 79 and still have to work to make the social security stretch. If I had known about you in my forties, I would be a millionaire. You have helped me a lot in 2 years...I am still working toward freedom. Thanks for your wisdom and for sharing it!
I am 74. I have been set for life. Got divorced had 3 children. The dad didn't pay anything for yhe kids. After the kids got grown I was doing very well.. Got married again. He took everything and I had to start all over again. In my 60s..But I love this girl. Trying to do what she is talking about. Can't hardly wait each time for her videos.
I joined FIRE at age 60 when I panicked and realized I had zero saved for retirement! I sold my house and car, paid off all my debt ($30K), moved into a studio apartment, launched my own home-based business, cut expenses to the bone and started saving 70% of my income. 4 years later, I’m debt-free with a solid emergency fund, a thriving business with 5 income streams and happier than I’ve ever been. I’m living proof it’s never too late to course correct and get control over your finances!
Linda, I am right there with you. I got laid off in Nov 2024, went right to the bank…paid off my two year old truck,rental property and created a gardening business that has made almost 30K in less than 4 months. I cut back all stupid spending, currently looking for a part time job before my severance pay ends so that I can afford Christian health insurance. I am SO very happy and feel totally free. WE got this.
I've been watching you for maybe six months and wish I'd had your wisdom sooner -- and I'm almost 72! I spent like crazy always -- lots of shopping, lots of replacing perfectly good things, and in my 50s I bought an airplane. Talk about a money pit! So, money comes and money goes, and right now it's coming in and staying, because I'm following your tips. I'm retired and living on SS and annuity. Still can save, still can make good choices, better than before. So younger listeners, take heart and listen to Kate! And your mike is perfect.
I freshen up my indoor decor by moving things around. I have minimal holiday decor that I reuse and repurpose. I create a couple of focal points, rather then a little thing in every space. When I am doing Authmn I look for Autumn colored things throughout the house and group them to make 1 or 2 awesome focal points. Years ago I bought 2, 14" scarecrows (super cute). I have some brown and green bottles & vases being used in other areas of the home, an autumn colored jar candle (I am gifted candles, often) 2 dried gourds and a pie pumpkin (which will be roasted later). Add some leaves collected from the yard, a brown hand towel. I create an Autumn focal point in my open area dining space. Christmas I will repurpose the green vases and bowl. Fill with fresh cut evergreens from the yard, add a white jarred candle, from the bathroom, pair of candle sticks, couple of extra ornaments and a silver tray from the bedroom, wah la. I love art and got rid of most and kept a few. I change my art. I will move it from room to room or go to the back of my closet to pull out a piece to switch with something I have on display. I don't buy new decor. I buy quality furniture and rugs to last forever. The lazyboy I am sitting in now, is over 30 years old. Lazyboy has a lifetime warranty on parts. Honey replaced 2 parts in all this time. I brought out an antique heirloom desk from my spare room/office to my livingroom. It's beautiful and even though it is functional I want it seen. I switch the plants stands from my porch to inside my all the time. Okay, I could go on. I'm content with what I have and I frequently have new spaces.
I am with her…..I am saddened sometimes because I did not do the things I should have done when I was in my 20’s that I do now in my 50’s. Well,fortunately it is not too late. I save over 50% now and I am into investing in ETF/Mutual funds etc. Thank you for this platform.
When I was working I lived way below my means and put as much as I could in a 401k. And savings. Now I'm enjoying my retirement, which is so nice. I still live pretty frugal but I don't need or want much. I love my books and my flower beds and my vegetable garden. And of course my 2 kitty's!
This is my first month of no spending. I am assuming if I run out of a grocery item I am still allowed to buy it. Hope this is correct. I am menu planning using supplies that I have in my pantry and freezer.
Good morning!! Seeing your friendly face made me feel encouraged this morning, as I am in the hospital 😔 I fell in my kitchen and broke my hip! It has been awful. Having some that is normal and cheerful is just what I needed.
@ thanks Kate. It is very painful…I do not recommend falling!! I have gone from the hospital to a rehab facility, and will be here doing therapy and healing for some time. Taking a day at a time. Listening to you brings a bright spot!
Hello! My new strategy is buy grocery once a month (carbs, proteins and brekfast related food) so i spend only 20€/week for veggy, fruit and (sometimes)animal proteins. So I spend 140/month instead of 50 weekly
I have two separate banks that I use for life. I use one for paying bills, and a regular savings and cd accounts. The other one is for my special savings. One account for my next car ( I drive a lot for work so it will most likely be new), one account for an emergency fund 3-6 months of expenses, and one for big ticket items ( saving for a fence for my yard and wood floors to replace the very worn carpeting .). A little contribution at different times adds up. Oh I forgot I try to keep $1000 in cash under my bed that is for small emergencies such as the hot water heater that died two weeks ago and a local repairman fixed for $150, or the leaking bathroom tub faucet that needs to be replaced this week. When that gets drained I make it a priority to build it back up.
Yes Freedom! Such a brilliant video. I will be re-watching this one again. 🌟 My mantra is “I have everything I need” I repeat this when I go shopping and want sparkly, pretty things I don’t need. Sketchers are the only trainers I buy. Soooo comfy as I’m on my feet most of the day. I can hear you perfectly- never had a problem. 👍
I’m going to be a downer: one thing we refuse to talk about is a MUST. We all will die. We must have final plans paid for and documented. It’s expensive, but probate court is even more expensive! And our pets: who will take care of them when we do die. Kate this is a hard but MUST do video. Welcome to share my loss as an opener of why you make it. It’s just a must.
I totally agree as long as you plan on staying in the same area. Unfortunately most pre paid plans are not transferable to other states. When my dad passed the cost for basic cremation services doubled in the past year. It was also a blessing we had my dad’s power of attorney. If we hadn’t had it (for the state I live in) we would have had to have got permission from all “heirs”, and my surviving sibling wouldn’t have responded to anything so it would have incurred a minimum 3 week holding time before cremation. Like anything, a bit of planning ahead of time is not only money saving but peace of mind for all involved.
WOW what an eye opener! I was so lucky to have been raised by both my parents who grew up dirt poor! They reused, repurchased & recycled EVERYTHING There were neighbors who had apple trees, cherry trees & black walnut trees & guess who benefitted WE DID. I lives below my means starting in college. I lived at home, paid my own tuition & books & paid for my clothing & supported my own used car. I worked as many as 5 jobs to pay for everything I needed. Today I'm retired and living on my social security & my Roth IRA. I don't have want anything fancy. And I don't have any debt I am soo happy that I was raised by my dirt poor parents
42F, I spoke to my family on my last birthday that all goes to the youngest sis including my fur babies. Apart from the house, everything is on her name if I die right now. Will will be done in the new year once a few papers for a particular investment is sorted.
there is a difference between clarity and loudness. I think this mike you're using now edges out previous ones. Thanks for a great post. I'm a Sketchers gal myself.
Audio perfection !!! I just early retired... its blissful....sososooooo worth the planning & execution of living way way below means... High income of course helped... but anybody my colleagues live a high end paycheck to paycheck.... That's a thing.... Earning multiple 6 figures and stretching the high consumption to vaporize all that income into a hand to mouth lifestyle...
I love you Kate and because of you I have a high yield and Roth and emergency fund and put more into my 401k I’m working hard to have six months of emergency funds.
I use to be a clothes fanatic when i was younger kept changing closets for the season. Got tired of changing clothes with the seasons. Now i wear clothes year round and and layer. Only by clothes when needed size change or they wear out.
Happy Frugal Friday! You sounded great to me! Living below my means - I stock up on grocery sales. Last week I bought cheese on sale. Purchased two 32 ounce blocks of cheese. Will cut up each block into 8 portions and freeze. I'm probably good for 3-4 months. My Kroger store has 99 cent sales in their produce area. I take advantage of these sales for fruit and veggies a lot! They look a little lopsided or whatever but they all taste the same. Never pay full price for clothing. Sketchers are the best!
I like a food emergency fund also, so when there is a 1/2 price or 2 for 1 special I still spend the same amount and put the extra on the top shelf in my cupboards. I have about 2 weeks of food there. The next time I shop I check the used by dates and if the stuff on top shelf is less swap it out.
I also have a grocery budget buffer. I take out $60 a week and what I don't use goes into my grocery envelope for any great sales. I have a full pantry and freezers so I usually only need fresh items weekly. I also rotate my items to use the oldest first. Cook mostly from scratch. I save so much with this system and I'm good in case of any need to stay put in place.
Paula I’m right there with you. I turned 72 a week ago today, October 25th. Yes if we could have known then what we know now. But sadly it doesn’t work that way. I don’t work because I’m disabled. So I need to stretch everything I can. I wasn’t raised with money, I was raised on a farm in Missouri, in the 50’s and 60’s. Hang in there, we will be ok.
Focus. Freedom Yes. A friend recently expressed her frustration that she purchased a $90,000 on a whim. Now she's locked into a job she hates in order to pay for it. She'd love to step down from her high pressure position but cannot afford to. She admits- Lesson learned. 😢 So glad I'm careful, mindful & frugal. Thanks Kate...love your content. ❤
@@christinamacdonald4966 I suspected it, but that is a lot of money for a car!
21 день тому+16
I don't keep my budget buffer in my checking account. If it is in there, it's money to spend. I'll keep it separately and transfer it to my current account if I need it.
Same! I keep my budget buffer as well as All accounts in an online bank for 4.5 yrs now. No fees. Currently 4% interest compounded Daily on Savings and Money Market accounts. I'm not representing any bank for personal profit or otherwise. Just sharing my choices and experience.
As you all know, today is my brother’s funeral. 48! Really think about that. Half of a possible life. TIME. When you think about buying that soda, candy bar, that extra…think of my brother Bill. He left behind a 5 year old. Make memories. TIME: it’s so important.
Sending you SO MUCH LOVE TODAY GERT! 48 is so young. Bill left behind a 5 year old..I'm so sorry. Sending so much love to your family. Time is so important. Gert, we love you!
OH,my heart and soul ache for you, I pray that the angels guide him and he will forever watch over the family, and get a special snow globe with revolving pictures of your brother.😢
Hi Kate, Love your channel! For me, I save by shopping at thrift stores, buying generic over name brands, buying my fruit and veg from the green grocer. I also stopped buying stuff...Everything I buy now must have a purpose :)
67 year old woman here. Thanking a co-worker who begged me to invest in company retirement accounts while I was in my 20s. Wish I had maxed out the plans but grateful I invested at all.
I live below my means by not having a credit card. I can't overspend that way because it's not there. I also have a small budget buffer and an emergency fund and I'm growing both. We can do this all!
Totally agree but the best quality you can afford, buy cheap buy twice. Total agree a budget buffer and an emergency fund are a must in a frugal budget. I also use sinking funds for irregular bills. I divide the total yearly cost of the bill by 12 and I put this away every month.
Thanks, Kate for all the great tips! You are always so positive and joyful! The audio was great! I also wish I would have found you when I was younger! You are so helpful!
Mid fifties here. Ohhhh the regrets! Had to make massive and painfully difficult life changes to set myself up for the future. Would have been less painful if I had done things right. 7 years to retirement 🤞🏻
Happy Frugal Friday!! These tips are GOLD!! There are somethings early in my marriage and when I graduated college that I wish I didn't do, but those 'mistakes' led me to where I am now 🙂
If paying to use banking services, it's time to start shopping for a new bank, credit union, or savings bank. Work with the new bank on an exit strategy from your existing bank, talk about the requirements of leaving the existing bank, and as needed to back to the new bank to revise the exit strategy.
Single, never married, no kids. Bought first house at 23 had to work multiple jobs to pay the bills. There was no extra to invest. built third house at 40 and took 15-year mortgage. was able to put the maximum amount in retirement at age 40. just retired a millionaire. Sometime there is no extra to put away and you have to make choices.
Happy frugal Friday Kate & KSquad. Freedom not things 🙌 I lived below my means and saved up one months income to be ready for the first of the month. This means that now for example October income stayed in account to be ready for 01 November for November budget. I think this could help people living paycheck to paycheck or irregular income. I've seen videos calling this a month ahead but seem to be about paying bills a month ahead which I don't do so I prefer to call it Month Ready! Grow the gap don't fill the gap 😂 Budget Buffer + Emergency Fund 🙌 ☮️ Audio good 👍
Being honest about finances is really saving our money and friendships. We recently bought a home, which means we had to give up some other things to prioritize this goal. When our friends asked us to go to winter vacation, somewhere where is warm and has a beach… we politely declined. Saying out loud that I can’t afford something right now was something unimaginable when I was younger. Now is normal being. And I noticed that I relaxed some of my friends to do the same. It is great when we make plans that all of us feel safe to share our budgets and expectations without fear of coming out cheap.
Audio sounded great! Love idea of a budget buffer I am adding that to my budget, Also working on starting (oe growing) my UA-cam channel, "The Wise Budgeter" ro share my lifw experiences and hopefully help orhers. One question I have is :how many checking and savings accounts does one really need?
Love the 🎤. It helped me a lot! So refreshing to watch you videos. Single mom for many years, now retired empty nester. Biggest goal is to get out of debt and stay there!
I did buy new clothes this year. First i went through my closet and made a list of what and how many i needed. Fall/winter clothes. I work at tjmaxx and wait for the employee 20%off weekend. End of the summer i bought sweatshirts and light sweaters. This time i bought heavy sweatpants and fleece lined pants. Also only shop clearance.
Thanks Kate for another great video. I dont have a budget buffer in my chequing account because I wouth think i have extra and spend it on take out or something. If i shift everything to investments, emergency fund, sinking funds and GIC's I dont see extra to spend. I have overdraft protection for $5 each occurrence, but I have never used it that I recall. Hugs to Kaden.
Hi Kate! Your audio was great! You're backyard is so gorgeous right now. Thanks for the tips. Wonderful as always. P.S. I love your curly hair today, so pretty.
Focus! I agree. My time is precious. Especially time with my family. I'm prioritizing my health too. Even if it means taking time off from work for my appointments. Love Skechers too! Super comfy and good quality for less.
Audio is great, but i personality never had any issues with your audio before. Focus is crucial. I budget, I'm frugal, have budget buffer, sinking funds, emergency fund, fun fund, debt free except mortgate, but working on that. If only I had been this financially saavy thirty years ago, I would be in such great shape now. I am however happy and have everything I need. Thank you Kate for your supportive videos.
Great tips. I have a budget buffer, but not that big. I just have a few hundred dollars in my checking account to protect me from overdraft fees. I don't feel it's necessary to have 1 or 2k in my checking account.
HAPPY FRUGAL FRIDAY EVERYONE! Hope you enjoy these tips! LOVE YOU!
Kate...do you jave any books that you recommend for learning about investments. I have no debt and I have a 3.month emergency fund and a budget. Next step is investing but I am very ignorant..don't know where to even start. It is very intimidating to be and I have alpt of anxiety around this for some reason. Thanks
I am 56 if only I knew th3n what I know know
Those who want t9 live pay check to paycheck and luxurious are in for a big shock when they reach 56 plus
Grattitude
Absolutely quality items
I had to laugh when you said you were in your forties...I am nearly 79 and still have to work to make the social security stretch. If I had known about you in my forties, I would be a millionaire. You have helped me a lot in 2 years...I am still working toward freedom. Thanks for your wisdom and for sharing it!
I am so with you .
Paula this comment just made my day:) 😌☺
me too! Hubby and I wasted so much money!
I am 74. I have been set for life. Got divorced had 3 children. The dad didn't pay anything for yhe kids. After the kids got grown I was doing very well.. Got married again. He took everything and I had to start all over again. In my 60s..But I love this girl. Trying to do what she is talking about. Can't hardly wait each time for her videos.
@@carolynbyrd5656 Sounds just like my story!
I always thought money 💰 meant things. Now I know money means freedom.
Love this!
You sounded perfect to me!! My tip is stay out of stores whenever possible
Thank you Kim!!!!
Yes, stay out of stores...and off online shopping sites too!
Yeah me too just go to yard sales of thrift store
Yes. When I was without a car for almost 3 months, my expenditures decreased by almost 50%. (Although it was pre-internet)
I joined FIRE at age 60 when I panicked and realized I had zero saved for retirement! I sold my house and car, paid off all my debt ($30K), moved into a studio apartment, launched my own home-based business, cut expenses to the bone and started saving 70% of my income. 4 years later, I’m debt-free with a solid emergency fund, a thriving business with 5 income streams and happier than I’ve ever been. I’m living proof it’s never too late to course correct and get control over your finances!
LINDA! This is AMAZING!!! Thank you for sharing with us. I LOVE THIS!
@@lindadorman2869 Congratulations 🎊. That is very inspiring!
Linda, I am right there with you. I got laid off in Nov 2024, went right to the bank…paid off my two year old truck,rental property and created a gardening business that has made almost 30K in less than 4 months. I cut back all stupid spending, currently looking for a part time job before my severance pay ends so that I can afford Christian health insurance. I am SO very happy and feel totally free. WE got this.
@@lindadorman2869 congratulations 🎊. Very inspiring and motivating. Thank you
I'm so happy to hear your story! 💖
I've been watching you for maybe six months and wish I'd had your wisdom sooner -- and I'm almost 72! I spent like crazy always -- lots of shopping, lots of replacing perfectly good things, and in my 50s I bought an airplane. Talk about a money pit! So, money comes and money goes, and right now it's coming in and staying, because I'm following your tips. I'm retired and living on SS and annuity. Still can save, still can make good choices, better than before. So younger listeners, take heart and listen to Kate! And your mike is perfect.
Thank you so so much for this comment! I appreciate you so much and am SO GLAD you are here!!!
I freshen up my indoor decor by moving things around. I have minimal holiday decor that I reuse and repurpose. I create a couple of focal points, rather then a little thing in every space. When I am doing Authmn I look for Autumn colored things throughout the house and group them to make 1 or 2 awesome focal points. Years ago I bought 2, 14" scarecrows (super cute). I have some brown and green bottles & vases being used in other areas of the home, an autumn colored jar candle (I am gifted candles, often) 2 dried gourds and a pie pumpkin (which will be roasted later). Add some leaves collected from the yard, a brown hand towel. I create an Autumn focal point in my open area dining space.
Christmas I will repurpose the green vases and bowl. Fill with fresh cut evergreens from the yard, add a white jarred candle, from the bathroom, pair of candle sticks, couple of extra ornaments and a silver tray from the bedroom, wah la.
I love art and got rid of most and kept a few. I change my art. I will move it from room to room or go to the back of my closet to pull out a piece to switch with something I have on display. I don't buy new decor. I buy quality furniture and rugs to last forever. The lazyboy I am sitting in now, is over 30 years old. Lazyboy has a lifetime warranty on parts. Honey replaced 2 parts in all this time. I brought out an antique heirloom desk from my spare room/office to my livingroom. It's beautiful and even though it is functional I want it seen. I switch the plants stands from my porch to inside my all the time. Okay, I could go on. I'm content with what I have and I frequently have new spaces.
I am with her…..I am saddened sometimes because I did not do the things I should have done when I was in my 20’s that I do now in my 50’s. Well,fortunately it is not too late. I save over 50% now and I am into investing in ETF/Mutual funds etc. Thank you for this platform.
When I was working I lived way below my means and put as much as I could in a 401k. And savings. Now I'm enjoying my retirement, which is so nice. I still live pretty frugal but I don't need or want much. I love my books and my flower beds and my vegetable garden. And of course my 2 kitty's!
Buying freedom instead of shopping. YES!
Thank you!
NOV no spend challenge starts today for me! Prepping for JAN 2025 no spend!!! Im ready to stack it up
AWESOME!!!!!!
Me too, I do it often and it really does work and it’s kinda fun, right. 🎉
This is my first month of no spending. I am assuming if I run out of a grocery item I am still allowed to buy it. Hope this is correct. I am menu planning using supplies that I have in my pantry and freezer.
I did no spend Oct. plus decluttered 10 things a day for 310 things out of my life!
Good morning!! Seeing your friendly face made me feel encouraged this morning, as I am in the hospital 😔 I fell in my kitchen and broke my hip! It has been awful. Having some that is normal and cheerful is just what I needed.
Heal quickly ❤
🙏 for a speedy recovery
Feel better soon. 🙏🙏🙏
Martha! How is your HIP!!!?? Omg, I'm so sorry I missed this message. How are you doing?
@ thanks Kate. It is very painful…I do not recommend falling!! I have gone from the hospital to a rehab facility, and will be here doing therapy and healing for some time. Taking a day at a time. Listening to you brings a bright spot!
I agree with point number two. Love what you have. Contentment = Peace
Thanks Tessa!
Hello! My new strategy is buy grocery once a month (carbs, proteins and brekfast related food) so i spend only 20€/week for veggy, fruit and (sometimes)animal proteins. So I spend 140/month instead of 50 weekly
Great job!
This is an interesting approach. I have not been able to perfect it, but I think it is a solid idea. I will keep practicing.
I have two separate banks that I use for life. I use one for paying bills, and a regular savings and cd accounts. The other one is for my special savings. One account for my next car ( I drive a lot for work so it will most likely be new), one account for an emergency fund 3-6 months of expenses, and one for big ticket items ( saving for a fence for my yard and wood floors to replace the very worn carpeting .). A little contribution at different times adds up. Oh I forgot I try to keep $1000 in cash under my bed that is for small emergencies such as the hot water heater that died two weeks ago and a local repairman fixed for $150, or the leaking bathroom tub faucet that needs to be replaced this week. When that gets drained I make it a priority to build it back up.
Thank you Karline!!
Make your lunch & bring to work. Make your own coffee. Two simple ways to save on the daily!
“Buying my freedom”. I love this viewpoint! Thank you!
You are very welcome! So glad you're here!
Yes Freedom! Such a brilliant video. I will be re-watching this one again. 🌟 My mantra is “I have everything I need” I repeat this when I go shopping and want sparkly, pretty things I don’t need. Sketchers are the only trainers I buy. Soooo comfy as I’m on my feet most of the day. I can hear you perfectly- never had a problem. 👍
NIA!!! LOVE THIS!!!!!!!!
I’m going to be a downer: one thing we refuse to talk about is a MUST. We all will die. We must have final plans paid for and documented. It’s expensive, but probate court is even more expensive! And our pets: who will take care of them when we do die. Kate this is a hard but MUST do video. Welcome to share my loss as an opener of why you make it. It’s just a must.
Very true, being in my 60’s i think about this alot! And need to do it! I do know who would take me dog though
I totally agree as long as you plan on staying in the same area. Unfortunately most pre paid plans are not transferable to other states.
When my dad passed the cost for basic cremation services doubled in the past year. It was also a blessing we had my dad’s power of attorney. If we hadn’t had it (for the state I live in) we would have had to have got permission from all “heirs”, and my surviving sibling wouldn’t have responded to anything so it would have incurred a minimum 3 week holding time before cremation.
Like anything, a bit of planning ahead of time is not only money saving but peace of mind for all involved.
@ see it’s an excellent topic ❤️
WOW what an eye opener!
I was so lucky to have been raised by both my parents who grew up dirt poor! They reused, repurchased & recycled EVERYTHING
There were neighbors who had apple trees, cherry trees & black walnut trees & guess who benefitted WE DID.
I lives below my means starting in college. I lived at home, paid my own tuition & books & paid for my clothing & supported my own used car.
I worked as many as 5 jobs to pay for everything I needed.
Today I'm retired and living on my social security & my Roth IRA.
I don't have want anything fancy. And I don't have any debt
I am soo happy that I was raised by my dirt poor parents
42F, I spoke to my family on my last birthday that all goes to the youngest sis including my fur babies. Apart from the house, everything is on her name if I die right now. Will will be done in the new year once a few papers for a particular investment is sorted.
there is a difference between clarity and loudness. I think this mike you're using now edges out previous ones. Thanks for a great post. I'm a Sketchers gal myself.
I agree with Madelynej, this mike was great for clarity. Also. A Skechers girl❤
Audio perfection !!!
I just early retired... its blissful....sososooooo worth the planning & execution of living way way below means...
High income of course helped... but anybody my colleagues live a high end paycheck to paycheck....
That's a thing....
Earning multiple 6 figures and stretching the high consumption to vaporize all that income into a hand to mouth lifestyle...
LOVE THIS!
I love you Kate and because of you I have a high yield and Roth and emergency fund and put more into my 401k I’m working hard to have six months of emergency funds.
Shelly! This makes me SO HAPPY!!!!!
I like that!!! "Buying your freedom instead of buying things!!" So good!!
Thank you:) Hope it was helpful:)
I use to be a clothes fanatic when i was younger kept changing closets for the season. Got tired of changing clothes with the seasons. Now i wear clothes year round and and layer. Only by clothes when needed size change or they wear out.
Love this!
That’s my main goal- FI! I’m currently saving and investing 67% of my income. Can’t wait for 2029! Nothing is more important than my time freedom.
YASSSS!!!!!! You've GOT THIS!
Happy Frugal Friday! You sounded great to me! Living below my means - I stock up on grocery sales. Last week I bought cheese on sale. Purchased two 32 ounce blocks of cheese. Will cut up each block into 8 portions and freeze. I'm probably good for 3-4 months. My Kroger store has 99 cent sales in their produce area. I take advantage of these sales for fruit and veggies a lot! They look a little lopsided or whatever but they all taste the same. Never pay full price for clothing. Sketchers are the best!
Thank you Donna!
Heard you well, and I keep a daily account of my spending. I keep all my receipts to hold myself accountable.
I love being a an RN and my job. Even if I had a million dollars, I would still work.
Fire doesn’t mean not working, but you don’t have to for survival and can do more on your terms. Glad you love your job!
I love having the budget buffer in my checking, its peace of mind. Also, the emergency fund, is important!!
Great video and the audio was perfect 😊
YES Michele!!! Same! :)
I LOVE the thought of buying my freedom!
ME TOOOOO Crystal!
Focus on buying freedom......love love this ❤
Thank you Tammie!
I like a food emergency fund also, so when there is a 1/2 price or 2 for 1 special I still spend the same amount and put the extra on the top shelf in my cupboards. I have about 2 weeks of food there. The next time I shop I check the used by dates and if the stuff on top shelf is less swap it out.
I also have a grocery budget buffer. I take out $60 a week and what I don't use goes into my grocery envelope for any great sales. I have a full pantry and freezers so I usually only need fresh items weekly. I also rotate my items to use the oldest first. Cook mostly from scratch. I save so much with this system and I'm good in case of any need to stay put in place.
Thank you for sharing with us Helena!
Paula I’m right there with you. I turned 72 a week ago today, October 25th. Yes if we could have known then what we know now. But sadly it doesn’t work that way. I don’t work because I’m disabled. So I need to stretch everything I can. I wasn’t raised with money, I was raised on a farm in Missouri, in the 50’s and 60’s. Hang in there, we will be ok.
Hope your birthday was a good one! Glad we got to wish you a happy birthday the morning of your actual birthday! I Love it when that happens!
Focus. Freedom Yes.
A friend recently expressed her frustration that she purchased a $90,000 on a whim. Now she's locked into a job she hates in order to pay for it. She'd love to step down from her high pressure position but cannot afford to. She admits- Lesson learned. 😢
So glad I'm careful, mindful & frugal.
Thanks Kate...love your content. ❤
A $90,000 what?
@annemarie3636 whoops. It was a car 🚗
@@christinamacdonald4966 I suspected it, but that is a lot of money for a car!
I don't keep my budget buffer in my checking account. If it is in there, it's money to spend.
I'll keep it separately and transfer it to my current account if I need it.
Good idea, answers my concern about my need to keep it separate
Where do you keeep it ?
Same! I keep my budget buffer as well as All accounts in an online bank for 4.5 yrs now. No fees. Currently 4% interest compounded Daily on Savings and Money Market accounts. I'm not representing any bank for personal profit or otherwise. Just sharing my choices and experience.
I totally agree with you! I wish I knew then what I know now! My life and attitude would have been so different.
No emergency fund could have helped me last Sat. I had to finance a new car(gave my commuter to bro). So thankful for "A" credit in a pinch.
As you all know, today is my brother’s funeral. 48! Really think about that. Half of a possible life. TIME. When you think about buying that soda, candy bar, that extra…think of my brother Bill. He left behind a 5 year old. Make memories. TIME: it’s so important.
Sending you SO MUCH LOVE TODAY GERT! 48 is so young. Bill left behind a 5 year old..I'm so sorry. Sending so much love to your family. Time is so important. Gert, we love you!
Praying for you all
OH,my heart and soul ache for you, I pray that the angels guide him and he will forever watch over the family, and get a special snow globe with revolving pictures of your brother.😢
What a devastating loss. I am so very sorry
Oh Gert. I am so sorry for your loss.
Hi Kate, Love your channel! For me, I save by shopping at thrift stores, buying generic over name brands, buying my fruit and veg from the green grocer. I also stopped buying stuff...Everything I buy now must have a purpose :)
Love this Peggy!
67 year old woman here. Thanking a co-worker who begged me to invest in company retirement accounts while I was in my 20s. Wish I had maxed out the plans but grateful I invested at all.
YESS! This is awesome!
I live below my means by not having a credit card. I can't overspend that way because it's not there. I also have a small budget buffer and an emergency fund and I'm growing both. We can do this all!
No spend November starts for me. Going to do some decluttering, pantry and freezer clean out, and save up for December family events 🎉
I retired at 57 with a pension so happy. Kate is right start as soon as you can to prepare to leave the work force.
Totally agree but the best quality you can afford, buy cheap buy twice. Total agree a budget buffer and an emergency fund are a must in a frugal budget. I also use sinking funds for irregular bills. I divide the total yearly cost of the bill by 12 and I put this away every month.
Thank you Pat!
Thanks, Kate for all the great tips! You are always so positive and joyful! The audio was great! I also wish I would have found you when I was younger! You are so helpful!
Thank you Judy!
Mid fifties here. Ohhhh the regrets! Had to make massive and painfully difficult life changes to set myself up for the future. Would have been less painful if I had done things right. 7 years to retirement 🤞🏻
Me too! 53 here 12 years left
YASSS Randa!
hi Kristi!!!
Happy Frugal Friday!!
These tips are GOLD!! There are somethings early in my marriage and when I graduated college that I wish I didn't do, but those 'mistakes' led me to where I am now 🙂
THANK YOU LYLA!!!!!! and yes!!!! We sure make some "mistakes" but yes sometimes they lead us to where we need to head!
The budget buffer/sinking fund is a great idea!
At this point I may be able to retire in my early nineties! Started waaaaaaaaaaaaaay too late saving
If paying to use banking services, it's time to start shopping for a new bank, credit union, or savings bank. Work with the new bank on an exit strategy from your existing bank, talk about the requirements of leaving the existing bank, and as needed to back to the new bank to revise the exit strategy.
YES to buying time freedom! 💖
YESSS Tricia!
Thanks, Kate, these tips for a frugal mindset are golden!
Thank you so much!
FOCUS 😊
Single, never married, no kids. Bought first house at 23 had to work multiple jobs to pay the bills. There was no extra to invest. built third house at 40 and took 15-year mortgage. was able to put the maximum amount in retirement at age 40. just retired a millionaire. Sometime there is no extra to put away and you have to make choices.
Happy frugal Friday Kate & KSquad. Freedom not things 🙌 I lived below my means and saved up one months income to be ready for the first of the month. This means that now for example October income stayed in account to be ready for 01 November for November budget. I think this could help people living paycheck to paycheck or irregular income. I've seen videos calling this a month ahead but seem to be about paying bills a month ahead which I don't do so I prefer to call it Month Ready! Grow the gap don't fill the gap 😂 Budget Buffer + Emergency Fund 🙌 ☮️ Audio good 👍
THANK YOU SANDRA!!!!!!!!
Hi Kate! Yes the sound is great- clear and no crunchy sound! Lol😂
Thank you Ziggy!!!
THANK YOU KATE FORUSI G THE MICROPHONE❤❤❤❤❤
Being honest about finances is really saving our money and friendships. We recently bought a home, which means we had to give up some other things to prioritize this goal. When our friends asked us to go to winter vacation, somewhere where is warm and has a beach… we politely declined. Saying out loud that I can’t afford something right now was something unimaginable when I was younger. Now is normal being. And I noticed that I relaxed some of my friends to do the same. It is great when we make plans that all of us feel safe to share our budgets and expectations without fear of coming out cheap.
Love that not wasting money actually let's me buy better or more. While still staying in budget
That microphone is perfect. Audio is loud and clear. Turn your phone down if it's too much. Sound amazing and clear
Thank you Kate as usual useful video👍☺️❤️
Thank you!
A full Heart 💜. Thank You kate! 💜
You are very welcome!!!! Hi Kaitlin!!!
Your practical tips are incredibly useful and motivating. It's all about making smart choices, and you nailed it! Thanks for sharing! ☺☺
Thanks so much!
@@KateKaden You’re so welcome! 😊 I’m excited to see more videos from you!
Sounded clear and great to me! Thanks Kate. Happy weekend to all! 🍁🧡🍁
You’re welcome and have an AWESOME WEEKEND! ☺
Audio sounded great! Love idea of a budget buffer I am adding that to my budget, Also working on starting (oe growing) my UA-cam channel, "The Wise Budgeter" ro share my lifw experiences and hopefully help orhers. One question I have is :how many checking and savings accounts does one really need?
Love the 🎤. It helped me a lot! So refreshing to watch you videos. Single mom for many years, now retired empty nester. Biggest goal is to get out of debt and stay there!
I'm SO GLAD YOU ARE HERE!!!!! Thank you Jac!
Girl I was a nurse at 21 no debt. Wish I had known about investing!!!
YASSS, right? AHHH!!
I do the sketchers go. I would buy black, and I could also wear them to work and it didn’t look like I was wearing tennis shoes.
YESSS!!!!!! Love:)
Amazing, as usual, Kate! Do you live in a tiny house? Have you ever made a house tour I missed? Sorry for the question! Greetings from Argentina 💙🇦🇷💙
That's funny. I just bought a pair of slip-on sketchers this week! I value comfortable walking shoes.
Love them!
I did buy new clothes this year. First i went through my closet and made a list of what and how many i needed. Fall/winter clothes. I work at tjmaxx and wait for the employee 20%off weekend. End of the summer i bought sweatshirts and light sweaters. This time i bought heavy sweatpants and fleece lined pants. Also only shop clearance.
The budget buffer saved me this year!! Thank you so much!
You are very welcome! The Budget Buffer to the rescue!
The audio was perfect for me. 💰
YAYYYY!!! Thank you Ann!
💯 Kate! Amazing video. I made notes to share with others 😊
Awesome! Thank you!!!!!
Hi. Audio is fine. I can raise or lower the volume on my computer. Thanks for the video. Have a nice day.
Thank you! you too!!!
If only I knew these things sooner. I could have been more successful with my life. Thank you for sharing❤❤
Me too!!!! Wish I had known sooner. BUT...we can go from here:) So glad you're here:)
Todays audio was spot on.
Thank you Tricia!
I can hear you clearly. And thanks
Sound is good. I’ve been binging some of your older video and some of them are a bit echoey but I’ve never had any problems hearing you. ❤
Thank you!
Thanks Kate for another great video. I dont have a budget buffer in my chequing account because I wouth think i have extra and spend it on take out or something. If i shift everything to investments, emergency fund, sinking funds and GIC's I dont see extra to spend. I have overdraft protection for $5 each occurrence, but I have never used it that I recall. Hugs to Kaden.
Thanks so much Sue! Always so happy to see you!!!!! Hope you are having a great weekend so far:)
Always love your tips. I did a no spend Oct. I am repurposing the things I have, rearranging and organizing. I can hear you perfectly.
LOVE this Connie!
Hi Kate! Your audio was great! You're backyard is so gorgeous right now. Thanks for the tips. Wonderful as always. P.S. I love your curly hair today, so pretty.
Thanks so much! 😊
: ) You are killing me... I love Skecher slide ons.. I have my second pair on right now.. you crack me up
Right? Aren't they great! LOL! :) :) Hi Ellen!
What a beautiful Fall day!
All you "youngsters", I'm in my late 60's. LISTEN TO KATE!!!
Microphone sounds great
Thank you so much!!!
I agree. I wish I had been wiser about money many years ago.
I am 62 yrs old. If you can contribute to an HSA, do it! One of the best things someone pushed me to do years ago!
Focus! I agree. My time is precious. Especially time with my family. I'm prioritizing my health too. Even if it means taking time off from work for my appointments. Love Skechers too! Super comfy and good quality for less.
Love this Arlene!
Great cast allway's looking to pay it forward this should be a class in all Americans schools!
Audio is fine! Thank you for all the tips.
Audio is great, but i personality never had any issues with your audio before. Focus is crucial. I budget, I'm frugal, have budget buffer, sinking funds, emergency fund, fun fund, debt free except mortgate, but working on that. If only I had been this financially saavy thirty years ago, I would be in such great shape now. I am however happy and have everything I need. Thank you Kate for your supportive videos.
Thank you Rita!!!
I enjoyed the tips you are giving.
Thank you so much!
Morning, Kate! Freedom Focus!!!
YESSS ERIN!!!
Love your content as always! The audio sounded great on my end!
Thank you Meg!
We are now going to the grocery store 1/14 and eating out once a week ..making a big difference to $$
I can hear you perfectly and enjoy your videos so much
Thank you so much Ellen!
Excellent sound. 🎉
Great tips. 😊
Thank you! 😃
Hi kate you and your videos always inspire me. And your audio is fantastic ♥️♥️👍👍
Thanks so much Stu!!! 😊
Kate for me your voice and tone is just perfect ❤
Thank you!!!
The audio was fine. It was clear on my end. Happy Fall Kate and Kaden.
HI MARY!!!!!! How are you? Thank you🥰🥰
@@KateKadendoing pretty well. Having a quiet and relaxing weekend. Trying to get over some laryngitis.
Great tips. I have a budget buffer, but not that big. I just have a few hundred dollars in my checking account to protect me from overdraft fees. I don't feel it's necessary to have 1 or 2k in my checking account.
Good morning Kate !! Focus!!
Audio sounds great!
Thank you Mary!