CREATING BUDGET CATEGORIES | Budget Tips

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  • Опубліковано 27 вер 2024

КОМЕНТАРІ • 223

  • @Havanah2006
    @Havanah2006 3 роки тому +186

    I started using Miko’s formula Nov 2018 & was debt free July 2019. I am still in awe that it was such a short period of time and now only Mortgage debt left - I use her formula every single paycheck. I swear by it 🥰 thanks Miko - Brisbane, Australia 🇦🇺

  • @melissastack5983
    @melissastack5983 2 роки тому +20

    Thank you so much for this video! I just received the box set this week (11/23) and opened up the Nov book and started right away. It's an eye opener on where I was spending my money when I wrote it down! $729 on what I call "Stupid Spending" when I could have put it towards my Credit Cards!. Here's to 2022 financial freedom!

  • @brireid8064
    @brireid8064 3 роки тому +72

    Hey Miko,
    Would you do a video for us who are in college and what advice/tips on what we can do to set us up for a good future?

    • @lsanndrabrackins8169
      @lsanndrabrackins8169 2 роки тому +2

      Wow, just the fact that you are asking that question now and budgeting is a plus. I had no idea about budgeting at your age…

    • @brireid8064
      @brireid8064 2 роки тому +2

      @@lsanndrabrackins8169 thank you. I try

  • @michellemorales401
    @michellemorales401 3 роки тому +67

    Streamlining my categories really helped me to minimize the budgeting process and save time when closing out my budget.
    Also, once upon a time Orange (Eating Out) dominated my expense trackers. Now PINK (Debt) dominates my expense tracker.
    It takes time to get things to be the most EFFECTIVE AND EFFICIENT, but it's worth it!
    💙💜💙

  • @allisgrace1313
    @allisgrace1313 3 роки тому +14

    I REALLY appreciate when you do very focused videos like this! It's definitely what helps me learn best! Your a great teacher!

  • @LivingSwedish
    @LivingSwedish 3 роки тому +57

    I really got into budgeting. It's kinda cool 😎 😂

    • @thebudgetmom
      @thebudgetmom  3 роки тому +4

      😍😍😍😍

    • @thevictoriagoogin
      @thevictoriagoogin 3 роки тому +5

      It really is!! And I'm by NO means a # person...like need a calculator to check my calculator 🤦‍♀️🤦‍♀️🤦‍♀️ but it's so fun.

    • @diamondsandpearls899
      @diamondsandpearls899 3 роки тому +4

      No lie it’s kinda impressive ❤️🥰 especially seeing the results of your discipline

  • @Honeypop252
    @Honeypop252 3 роки тому +4

    Labeling the highlighters is such a good trick.

  • @margaretderrouel5715
    @margaretderrouel5715 3 роки тому +18

    I love how you have transactions all fit into categories, I get confused sometimes where to put them but this makes so much sense I'm going to do this thank you for teaching me something new ❤️

    • @thebudgetmom
      @thebudgetmom  3 роки тому +2

      I am so glad it helped!

    • @SmallSpoonBrigade
      @SmallSpoonBrigade 2 роки тому

      Generally speaking, when you have to categorize or organize something, if you have to think about where it goes, you're probably going to stop using it before too long. Go broader with the categories. If you decide that a category is too broad, you can always add a new category that can logically split it into fewer items.

  • @kimberarchuleta1689
    @kimberarchuleta1689 3 роки тому +77

    You have helped me get out of dept and we are now saving for a house! I cannot thank you enough for all your information. Hugs from Montana

  • @melissaandreag
    @melissaandreag 3 роки тому +17

    I love this! I agree that it’s important to decide the right amount of budget categories for yourself. I’m totally guilty of the “personal allowance” being broad and it’s usually anywhere between $200-$400 depending on the month. I don’t mind though! I know most of my personal money goes to skincare, by far lol, but it greatly varies per month.

  • @jennnance867
    @jennnance867 3 роки тому +35

    Miko would consider doing a video where you walk us line by line of writing out an expense tracker? Maybe for a month you’ve already done so we can talk real numbers? I understand writing down when I spend money, where it came from and where it went but I get confused about money coming in as income, money coming in from another account and how to show this from a savings expense tracker to a checking account expense tracker. Also, if I set aside $150 for groceries for two weeks why can’t I just write down that I spent $150 on groceries instead of writing down the multiple transactions it took me to spend the money? I love the program and it is changed my life and for one I am owning my debt, making plans and making some serious attempts to pay it off! I feel like I’m missing the big picture if I can’t get a handle on the expenses tracker - I’m never going to be able to proceed to close out my budget! 😳

    • @thebudgetmom
      @thebudgetmom  3 роки тому +14

      OHH! I love this idea! Yes! I will look into this and thank you so much for the wonderful feedback and suggestion!

    • @latoyamitchell7095
      @latoyamitchell7095 4 місяці тому +1

      Agreed! Would totally benefit from this type of video as well!

  • @natashaa1611
    @natashaa1611 Рік тому +1

    I jumped on the cash budgeting in January and found this is absolutely great I have found out where my money has been going and have saved money and paid off 2 debts it's an amazing feeling I am so happy I found the budget mom

  • @diamondjanedoe4317
    @diamondjanedoe4317 3 роки тому +20

    Thank you for this printable. I need this because I can’t keep all the categories consistent!
    There is only my boyfriend and me and our grocery budget is $600. I’m going to break out groceries, delivery, and eating out. It’s really the Grubhub that kills us because of all the fees. Even pizza is now $60 to be delivered!

    • @as052909
      @as052909 3 роки тому +10

      Delivery is a killer! I make what I call pantry pizza everything is on hand always. Pillsbury hot roll mix. Jar of pizza sauce and shredded cheese(always in my freezer along with pepperoni or other toppings). So easy and fun to make and usually the same or faster than delivery!

    • @brendahowell5946
      @brendahowell5946 Рік тому +1

      Oh my that's not good!!!!. Make a menu for lunch and supper. then go grocery shopping only get what's on list. Skip junk food get fresh fruit an vegetables in small amounts since it goes bad quickly. It may take awhile to get use to but it pay off in lot ways!!!

  • @starrchick28
    @starrchick28 2 роки тому +2

    I had been looking for this video for weeks, never quite had time to watch it as I had tried doing my own categories numerous times with lessons (not failure). I finally got time to watch this and it helped breaking down the categories, letting me have insight on what is truly what in my own budget. Thank you so much Miko!

  • @bcase5328
    @bcase5328 3 роки тому +14

    I could say there are about three classes of categories: Fixed, Variable, Irregular. How detailed you really need a category to be may depend on which class it is within. Maybe, Irregular is only irregular if viewed monthly rather than annually. This is something you can work out over time using it.

  • @1time4younme
    @1time4younme 3 роки тому +6

    This is a very helpful video. I recently got off track with my budgeting, but I am really excited to refocus on budgeting.
    I know you've explained about budgeting categories before, and I've implemented those ideas, and really enjoyed budgeting. But, something about this video just opened my mind up even more. Thanks so much for all the work you do to continually provide us with help. It is much appreciated! Janet.

  • @marcywilson6055
    @marcywilson6055 Рік тому

    I had to comment and say THANK YOU for letting us know about Ally bank. When you said the word ‘buckets’ a light bulb went off and I saw it as a method I could really use and stick to. I made a colorful and visual spreadsheet showing where every paycheck is going. When we get paid, I update it and make adjustments as needed if we were short or had extra money. I look forward to using my guide and adding money to each bucket and watching them grow. It’s made it fun and maintainable as well. We also started using one rewards credit card for every eligible expense and that visibility has helped keep everything in one place, so at the end of the month, when I get the bill, it should match what I have put into the budget buckets. ❤ Thank you!

  • @teresamunoz91
    @teresamunoz91 3 роки тому +8

    I definitely needed help with this. However, one area i have a hard time budgeting is gas! Esp with rising prices. I live in California and where I live it is currently $3.99 a gallon. 4 months ago I was spending $60 a month on gas and this month I spent $120! I am driving the same amount

  • @toniawilcox6959
    @toniawilcox6959 2 роки тому +3

    I know the budget category tracker is a freebie, but this would be an AWESOME addition to the workbook!!! the page right before the months start?? Just a thought for next year. :)

  • @sleepbootbianca
    @sleepbootbianca 3 роки тому +2

    Hi Mike, I would like to thank you for your free printable!! Very kind of you! I live in THe Netherlands so I can’t use them always one on one, but they already served me great in my budgeting our family-life!
    Kindest greetings, Chantal

  • @susanappleby3425
    @susanappleby3425 3 роки тому +4

    Great video. Do you just make categories for your cash envelopes or do you also do sinking funds? I liked seeing your expense tracker. When you use sinking funds do you put it in your category or mark it as sinking funds. Been following you for about 6 months working on this. Have made good progress. Thank you for what you do!!!

  • @shalimarlittle8374
    @shalimarlittle8374 2 роки тому +6

    How does tracking work with trips to places like Walmart, Target, Costco where I’m spending in multiple categories on a single receipt (i.e., new bathing suit, groceries, and printer paper)? Do you sit with each new receipt and break each item down by category with the highlighters?

    • @OvOwlEyes
      @OvOwlEyes Рік тому +1

      That is exactly how I do it.
      At first I just grouped them all together because I just wanted to get into the habit of tracking everything. After a couple of months when I felt like I had a good enough handle on my routine I started to break them down. (Home, child, me, food) I also split up the taxes between all of the items evenly (you don't have to do this)

    • @username00009
      @username00009 Рік тому +1

      At Costco, you can request a subtotal on your receipt. You would need to load the items on the belt by category, and I would probably put the little divider in between each category to keep things from getting mixed up. Other stores should also be able to do subtotals, but Costco employees are very familiar with subtotals due to people bringing guests to shop.

  • @kathrynparker6428
    @kathrynparker6428 3 роки тому +3

    I love your videos! They are so clear and helpful! ❤️

  • @definitelyclari8266
    @definitelyclari8266 3 роки тому +3

    I really appreciate your wealth of knowledge you are sharing.

  • @teresawatson6401
    @teresawatson6401 3 роки тому +3

    Thank you for this video. I was hoping you would have some guidance on how to set up budget categories. This is only my second month and have had an interesting time figuring out where to put things that make sense to me. But, this video was very helpful!

  • @Never4GottenTimes
    @Never4GottenTimes 3 роки тому +2

    One thing I noticed is there is no where for clothing to go? How do you categorize this and do you have a cash envelope for it?

  • @TaylorBudgets
    @TaylorBudgets 3 роки тому +1

    Gotta print that out. Thanks 😊

  • @MoneywithDan
    @MoneywithDan 2 роки тому

    So you need to write your expenses down on paper after looking at you bank statement each month and use the category highlighters to organise. Got it! Thanks 🙏

  • @jenniferm.3842
    @jenniferm.3842 8 місяців тому +1

    I’m trying to set this up and I’m very confused about the page at 5:27. Why are all of these payments classified as savings? Like a costco charge? I don’t understand.

  • @Babydoll_bre
    @Babydoll_bre 3 роки тому +1

    Omg I love this, can't wait to order everything 😍 and start budgeting

  • @treetrebel4878
    @treetrebel4878 2 роки тому

    I'm reaaaalllly not a fan of manual tracking. But u definitely got something good going here. Really like the setup, specially with the highlights

  • @monikap2067
    @monikap2067 3 роки тому +3

    Hello, this is really helpful. Could you advise what is the different between holidays and vacations? And why should I separate them? Thank you

    • @thebudgetmom
      @thebudgetmom  3 роки тому +5

      Holidays is for spending on Christmas gifts, gift cards, cards, etc. I like to keep mine separated because I like to know past spending to set new holiday spending goals in the future.

  • @MsDesignDiva
    @MsDesignDiva 2 роки тому +1

    This is genius and I think I'll do this but when I do it I'm gonna do it digitally in a spreadsheet, because I love spreadsheets, lol.

  • @seasonalliving2881
    @seasonalliving2881 2 роки тому +1

    do you track fixed expenses (like bills) or just variable spending (groceries, gas, etc)?

  • @kushtyler1614
    @kushtyler1614 2 роки тому

    Miko it seems overwhelming but I think I may be able to handle it. I was never one to budget. But I am tired of living paycheck to paycheck when we make enough money to live a comfortable life.

  • @mjax8614
    @mjax8614 Рік тому

    I am happy with my categories now. Just wondering whether to start afresh each month or to carry over the plusses and minusses from the previous month. One category can be very variable.

  • @donnagomez2680
    @donnagomez2680 8 місяців тому

    Miko, I am loving your budget book that I bought myself for Christmas and have used it religiously. And I am doing my categories but I am unsure which category makes sense for the income tax fee our accountant charges us. Misc won't work because it's a planned for annual expense, but it's not a household or utility or shelter category either. Please help point me in the right direction.

  • @kenal3568
    @kenal3568 3 роки тому

    You make me motivated on doing this. Thanks.

  • @ambersawyer6305
    @ambersawyer6305 3 роки тому +15

    I struggle when it comes down to a store that sells all of the things. I find it too tedious to sit and subtract the things that go to different categories and add state tax and all of that.

    • @blessedmamags7796
      @blessedmamags7796 3 роки тому +6

      For me, for example, walmart, if I buy food, car oil, light bulb and Vitamin, it all counts as groceries. Just adjust grocery category accordingly.

    • @ambersawyer6305
      @ambersawyer6305 3 роки тому +3

      @@blessedmamags7796 okay. Makes sense. So if you buy kids clothes, vitamins, toys, food...do you itemize that recipt then? That was more of what I was getting at...if I go to Meijer...it is a place for all things. Not just grocery and household items. Could be buying gifts, gift cards, pick up our scripts...all the things in one store.
      Also, I thought of another thing that keeps confusing me. We have our electric and gas bills set up for auto pay. But the bill cycle dates overlap months like 4th of March through beginning of April...then the bill is taken out the end of April... How do you nicely budget for those kind of things when they don't fall in a specic month cycle. We pay the bill a month later technically and it confuses me when trying to put it in our budget

    • @nitaprice5332
      @nitaprice5332 3 роки тому +3

      I separate items at store inform cashier I will have to checkouts. No issues. I will admit I was embarrassed at first, however, all cashiers have been very kind and accommodating.

    • @blessedmamags7796
      @blessedmamags7796 3 роки тому +2

      @@ambersawyer6305 yes unfortunately I would seperate clothing and RX ... Groceries and cleaning supplies and light bulbs all lump into groceries category for me. I have done Dave Ramsey budget for 17 years now, it's very precise. 😁❣️

    • @blessedmamags7796
      @blessedmamags7796 3 роки тому +3

      @@ambersawyer6305 Gifts for people go under Gift category. I once had 53 budget categories hahaha 🤣😂.... It's less now lol ❣️

  • @ashleyeifeldt708
    @ashleyeifeldt708 2 роки тому +1

    What category do you put Amazon and Costco memberships under? I currently have them under a subscription/membership category but I know D+ can go into fun/ent, and I have a work related one that I would put into my office/work category, but I'm lost on the Amz/Costco ones.

  • @mary-katepauta6690
    @mary-katepauta6690 3 роки тому +5

    I just started the cash envelope system and have my budget sheets all figured out. Do I just go to my bank and ask for the bills that I need?

  • @h.smith.6586
    @h.smith.6586 3 роки тому +1

    This made sense to me more than other videos 9n budgets that I've watched. Question: is your house paid off because I didn't see where you put that bill.

    • @aprilmay4992
      @aprilmay4992 3 роки тому +1

      Yea she bought it in cash, she has a video on that

  • @necoleonline
    @necoleonline 3 роки тому

    These are some great tips. Thank You

  • @janeknight3597
    @janeknight3597 3 роки тому

    The best video I have seen on this. Brill

  • @carolynnsuga8995
    @carolynnsuga8995 3 роки тому +1

    WhT markers do you use??

  • @rebeccajudd7270
    @rebeccajudd7270 3 роки тому

    Super helpful! Thank you!

  • @becky1178
    @becky1178 3 роки тому +1

    Miko does her own nails?! I need the deets!

  • @tinawilliams9163
    @tinawilliams9163 Рік тому

    Hi! I just discovered you and the BBP method last week. I’m starting right now in March. Should I go back to February to track my spending and figure out my categories? Thanks!

  • @jocypare6019
    @jocypare6019 3 роки тому +2

    I have a question. do you itemize your receipts??. for example you go to Walmart you buy a few categories do you separate those??,

    • @Kawale04
      @Kawale04 3 роки тому +2

      im wondering the same

    • @erikaramirez6558
      @erikaramirez6558 2 роки тому

      If it’s a lot of items you could separate the transactions when you load them on the conveyor belt. That way the receipts are just that one category. Or if it’s only a handful of items you could itemize.

  • @sergiocaldera8797
    @sergiocaldera8797 3 роки тому +1

    Hi. In what category will you put Costco and Sams club membership?

  • @judiethgettan4916
    @judiethgettan4916 2 роки тому

    I have recently started using TBM system and am amazed at how well it fits my life, but in watching and learning I am not understanding how to add gift cards to my envelopes. Please help. Thanks so much for this.

  • @samanthaduggan4376
    @samanthaduggan4376 3 роки тому

    Thankyou you have helped me so much x

  • @lauriegentle4083
    @lauriegentle4083 2 роки тому

    How do I find your website to find the printable? Thank so much for all information you are helping me out of debt.

  • @bethbrink6032
    @bethbrink6032 Рік тому

    Where would you put internet and cell phones?

  • @Simply_Helen
    @Simply_Helen 2 роки тому

    Thank you ! 😊

  • @breeruckrigl6105
    @breeruckrigl6105 3 роки тому +1

    Where does the cushion come in? Finally have enough for a good cushion! 🙌🏻 Would you write that as a bill?

  • @mspbonita5317
    @mspbonita5317 3 роки тому +3

    Thank you for all your tips and you are so beautiful!!

  • @edimops7285
    @edimops7285 3 роки тому +1

    Say whaaat?! Is Tuesday the new Saturday?! lol ...also, super timely since I was debating about a few things just the other day. Thank you!

    • @thebudgetmom
      @thebudgetmom  3 роки тому +1

      I was a little late posting Saturday's video 😍

    • @edimops7285
      @edimops7285 3 роки тому +1

      @@thebudgetmom that’s okay! Also, I would totally be into watching a video of just the bloopers 🤣 ☺️

    • @thebudgetmom
      @thebudgetmom  3 роки тому

      @@edimops7285 Ohh! I have one here on my UA-cam and it's hilarious!

  • @sandraesmeralda9816
    @sandraesmeralda9816 4 місяці тому

    Where would you put rent under?

  • @ericamarie0
    @ericamarie0 3 роки тому

    This was so helpful

  • @julesb7661
    @julesb7661 3 роки тому

    This is an odd question possibly but what do people put their bank fees under? I can’t figure out which category... misc? Household? Create a whole new category? 🤷🏼‍♀️

  • @lorienleigh
    @lorienleigh 2 роки тому +1

    Do you consider debt payments a budget category?

    • @pollydolly9723
      @pollydolly9723 2 роки тому

      Yes, it is a “debt” category. If you watch the monthly budget recaps on UA-cam, Miko’s assistant Ryen has student loan debt. You can see how she tracks it 😊

  • @murielf.lopezsilva2508
    @murielf.lopezsilva2508 2 роки тому

    Hi!! Wondering where we can access the resource library?
    Thank you!

  • @jennifergrooms4153
    @jennifergrooms4153 3 роки тому +1

    This may be a silly question but I've never done the envelopes of cash before. I sew and would def need a category for that. I get a lot of my sewing stuff at Wal-Mart but will also get some groceries, beauty and health items, etc in the same trip. Do you just check out once and then reconcile your envelopes once you get home? Or do you check out separately for each category?

    • @erikaramirez6558
      @erikaramirez6558 2 роки тому

      Separately. She loads the conveyor belt by each category w/a divider. That means ppl are waiting behind you longer but it saves one extra step when you get home.

    • @pollydolly9723
      @pollydolly9723 2 роки тому

      Hi Jennifer, I am also a dressmaker. I have a cash envelope for “clothing/fabric” that I stuff every time I get paid. If I have a big project coming up, I won’t spend any of it for a couple of months to save up for it. I am trying to sew my stash this year to try to save.

  • @Courtnos302
    @Courtnos302 3 роки тому

    Thank you

  • @nitaprice5332
    @nitaprice5332 3 роки тому

    I needed this video, thank you. What category would you recommend I put my truck payment and a school loan (just paid off another school loan 🤗) only one left.

  • @opal_redvixen
    @opal_redvixen 3 роки тому +2

    How do you get a monthly budget when you get paid more then once a month? I got the BBP workbook and not using the Where did my money go b/c I do not have a monthly budget. Thanks :)

    • @edimops7285
      @edimops7285 3 роки тому +5

      You budget each time you get paid and then consolidate all of the info at the end with the “where did my money go” - all of that info is pulled from the expense trackers.

    • @blablooga
      @blablooga 3 роки тому +1

      I like to use my first Packcheck Budget sheet to make a rough Monthly Budget. I get paid bi-weekly so I add my budgeted incomes together onto the monthly budget. Then I write in my expenses for the month and list out my cash envelope totals for the month as well as for sinking funds. I use this setup and zero out my income against the expenses, and it helps me do my Where Did my Money Go worksheets. Hope this helps!

    • @opal_redvixen
      @opal_redvixen 3 роки тому

      @@edimops7285 I did do that when I closed-out January, but that crosses over into February's expenses.

    • @opal_redvixen
      @opal_redvixen 3 роки тому

      @@blablooga Thanks! I will try this for April's budget.

  • @lifewithsheeka6875
    @lifewithsheeka6875 3 роки тому

    🖤🖤🖤I love using your worksheet and I have a small UA-cam channel if you care to watch. Keep up the amazing work you' ve been helping me with my Budgeting.

  • @fondcello1994
    @fondcello1994 3 роки тому

    Waiting for you since Saturday Mrs Miko

  • @Birdmom1823
    @Birdmom1823 3 роки тому +1

    💜💙💜💙💜 😊 love your videos 💜💙💜💙💜

  • @erynemarcelo277
    @erynemarcelo277 Рік тому

    It's been 5 months since we started living independently. It's confusing because I'm the one who handles the budget my parents give us (siblings living together in a studio: with my little bros 14 & 15, sometimes w/ my twin sis too 22) and we tend to borrow money from each other or when we didn't have enough, one of us would shoulder it first. It's confusing. I also have personal money but I tend to spend it for our expenses and just lose track. We stick to basic needs and cheap snacks. It's frustrating how I had to use next month's money for electricity bills. The 3 of us have 500-peso daily food budget (for reference, a piece of large egg costs 10-pesos) & we have bills & allowance budget but it's always not enough bc bill amount aren't fixed. The only thing I'm happy about is I'm consistent with small savings for the two little 14 & 15 brothers.

  • @UstsjerIstsjanf
    @UstsjerIstsjanf 7 місяців тому

    helpful

  • @katyalafon9006
    @katyalafon9006 2 роки тому

    Hi ! No shopping ? Clothing categorie in your budget or I miss someting ?

  • @lindanstarr6853
    @lindanstarr6853 2 роки тому

    I think this worksheet should be in the front of the book

  • @analuisaariasc
    @analuisaariasc Рік тому +1

    The link is not working for the categories sheet 😢

  • @saraibucciarelli1821
    @saraibucciarelli1821 Рік тому

    I never know where to put the bottle water or the KCup coffee. Household or groceries? LOL

  • @audreysturgeon2488
    @audreysturgeon2488 3 роки тому

    What kinds of pens do you use for your pages because with those highlighters mine are always smudging I need help

  • @hustleNBudgetmum
    @hustleNBudgetmum 3 роки тому

    I have afterpay and sezzle payments that I used to buy stuff. Like I bought some clothes for my bf and used afterpay and it broke it up into 4 payments of 19.58 no interest. Should I track this under clothing or debt?

  • @fioaid88
    @fioaid88 2 роки тому

    How do you categorize things like a Amazon prime annual account, which I consider like a sinking fund since I have to save a little bit each month to pay it but it’s also a fun entertainment thing?

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому

      I was going to ask the same thing about Costco! Right now I have a "subscriptions" category but I would like to fit them all into existing categories. I would have Disney+ in the entertainment category but I'm lost on Amz/Costco.

  • @lilarose9348
    @lilarose9348 3 роки тому

    I’m new to your channel and would like to know where to purchase the budget book. Is there only one book that I need to start the budgeting process that you teach? I saw you have a spiral book and a smaller one. Is there anything else is what I’m trying to say. Sorry if I’m not being clear.

  • @melissajoi841
    @melissajoi841 2 роки тому

    UA-camTV is nowhere listed in your expenses, but listed on your budget tracker

  • @jennifergouine9278
    @jennifergouine9278 3 роки тому

    What pen do you use that won’t smear

  • @popejoys101
    @popejoys101 2 роки тому

    So what if you go to say, Walmart, and you don't just buy groceries. Do you go through the receipt to add all groceries vs. Non groceries or just add it in the grocery category?

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому +1

      I do that. You can also do separate transactions to make it easier. So pay for all groceries in one transaction, personal stuff in another, clothing in another, kids stuff in another. It takes more time at the till but makes life easier when writing it up. I can't tell you how much time I spend/waste trying to make it balance when it's all on one receipt.

    • @matemahe
      @matemahe 2 роки тому

      @@ashleyeifeldt708 I personally go through receipt but I feel your way is more mindful spending. Just as I'm there I can be like I don't need this shirt right now if I am buying detergent I can just do laundry when I get home.

  • @DsnyLuv
    @DsnyLuv 3 роки тому

    Brilliant

  • @tanyagmarshall
    @tanyagmarshall 3 роки тому

    This is so helpful to see. How do you handle tracking when you buy things across multiple categories in one shopping trip? For example, I shop at places like Costco, Wal-Mart, Target that offer household , clothes, and food. I will complete one transaction for all the items even though I'm buying things in more than one category. So when I track my budget, those situations make it hard for me to use the color-code method. Any advice???

    • @alinemellon7411
      @alinemellon7411 2 роки тому +5

      In my expense tracker, I list the date and the transaction. In the category column I list all of the categories that are in that one transaction. I then bracket the list of transactions and the total amount so that I know it was only one transaction. For example, I went to Target and spent $40. In the category column I broke it down to Gifts: 6, Food: 21, Household: 13. Next to those 3 lines I placed a bracket and 40. Does that make sense?

    • @tanyagmarshall
      @tanyagmarshall 2 роки тому

      @@alinemellon7411 This makes perfect sense! Thanks for sharing that with me.

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому

      I total each category and write each one into the tracker, ensuring the category totals add up to the bill total. I don't do one entry per bill if there are multiple categories.

  • @bethcollins2099
    @bethcollins2099 2 роки тому

    How do I get this book in the video this would be a life saver

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому

      Her website. There is likely a link in the description.

  • @sofiya4032
    @sofiya4032 2 роки тому

    Hey does anybody know where I can get the highlighters Miko uses please? Or any brand highlighters that has 10 or more different colours? P.s. I’m in UK 🇬🇧 and don’t mind shipping costs 🙏🏾🙏🏾

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому +1

      I'm seeing them all over the place now actually. Staples, Walmart, and Amz for sure. Staples had every colour, and you can buy them individually.

  • @fellowneurodivergent
    @fellowneurodivergent 3 роки тому

    What category would cell phone go?

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому

      Utilities, unless home makes more sense for you like it does for me. She specifically touches on phone in this video.

  • @teeforthewin
    @teeforthewin 3 роки тому +1

    Miko! Not long ago you roasted Ryann for her highlighters (I think they’re Mild Liners also) and called them ugly 🧐🤪. I like the idea of labeling my highlighters to be consistent with category colors.

    • @Crystal-jy9ti
      @Crystal-jy9ti 3 роки тому +1

      That was an odd colored "green" mildliner and YES it is ugly

    • @teeforthewin
      @teeforthewin 3 роки тому

      @@Crystal-jy9ti The comment wasn’t directed toward you, doesn’t apply to you or concern you. I was having fun with Miko and couldn’t care less about your input.

  • @alethlumagbasboniol4473
    @alethlumagbasboniol4473 3 роки тому

    ❤❤❤

  • @jodimurar4602
    @jodimurar4602 2 роки тому

    Where are the bills? Mortgage? Gas/electric? Car payments?

    • @didigogo139
      @didigogo139 2 роки тому

      You can keep that money in the bank then half of it will go towards your cash categories

    • @ashleyeifeldt708
      @ashleyeifeldt708 2 роки тому

      She has no mortgage. However I believe she would have gas/electric under utilities, mortgage could go under home, my car payments I out under my car/gas category.

  • @persadsanjay
    @persadsanjay Рік тому

    Can you delete me to a video with an electronic software

  • @Loulou61454
    @Loulou61454 3 роки тому

    Is it bad if Amazon has it’s own category 🤣

  • @rachelolvera9435
    @rachelolvera9435 Рік тому

    I canceled my UA-cam premium subscription.

  • @donnajanecastle4807
    @donnajanecastle4807 9 місяців тому

    I love you Budget Mom but please pronounce words correctly. it is "eSpecially" not "eXpecially"

  • @BrittneyKeiona
    @BrittneyKeiona 3 роки тому +25

    Ahhh THANK YOU FOR THISSSS!! I remember a little while back I had to take a screenshot of an IG post of yours that showed your labeled highlighters, so that I something to sort of guide me. It was very helpful, and now this video, ON TIME! The more I highlight month by month the more my spending is more visible and I know where/what I need to cut back on or realize if there is a new category that I need to actually start budgeting for.

  • @jennlorence
    @jennlorence 3 роки тому +9

    Ugh! I struggle with my household category.. but I’m going to make this chart for next month and utilize it going forward-great!

  • @kittyp979
    @kittyp979 3 роки тому +7

    Best highlighters I’ve ever used! The colors are so pretty too, and have such a great variety of colors as well. Such a great video! ❤️

  • @xxmstooexclusivexx
    @xxmstooexclusivexx 3 роки тому +6

    Thank you so much for doing this! After scavenging around the internet for printables to start with and found a few here and there but NOTHING LIKE YOURS!!!😍… once I clicked the link for the budget categories sheet I quickly found every single sheet I was looking for and then some it made my day and saved me valuable time. Your the GOAT thanks again

  • @marigarza9201
    @marigarza9201 3 роки тому +3

    I was lucky BLESSED to work 2 jobs at the beginning of Covid paid off 12G’s towards my car but started to slack off on my budgeting (exhausted) Will get back on track, I miss it and most importantly it HELPS!!! Thanks for all the great videos!