Something you briefly mentioned is whenever you get a raise or bonus don’t touch/use the money. For the past ten years I’ve put all bonus into either my Roth IRA or a high yield savings account and any raise goes to a savings account and I just continue living with my old paycheck. This has boosted my investment and savings account without me even realizing it or having to do anything extra. 🎉
If you are having a hard time saving for an emergency fund here’s a tip, we are almost at tax time so when you get your tax return put aside $1500 and open an ONLINE high yield savings account. Not a local bank. You want a barrier or a little inconvenience to get to the money. Put the money in that account before you spend a dollar of your tax return. I love the house keeping non-negotiable, I hope to be there next year. Having good credit is so underrated and adding your kids to your credit card as an authorized user is really good if you are good at managing your finances.
God bless you sis! 💗 Your videos are greatly encouraging me to be more proactive about my money and steward WELL. Thank you for sharing your wisdom with us!
Great question. for an emergency fund, I always recommend something that’s readily and immediately available because in an emergency, you don’t wanna have to pay a penalty or go through paperwork!
Let me know if it would be helpful to walk through my monthly budget process.
Hi, great video l. Would love to see a walkthrough of your budget
@@kimberlysanaa25will work on something!
Please do....
Yes!!!
Yes
Something you briefly mentioned is whenever you get a raise or bonus don’t touch/use the money. For the past ten years I’ve put all bonus into either my Roth IRA or a high yield savings account and any raise goes to a savings account and I just continue living with my old paycheck. This has boosted my investment and savings account without me even realizing it or having to do anything extra. 🎉
If you are having a hard time saving for an emergency fund here’s a tip, we are almost at tax time so when you get your tax return put aside $1500 and open an ONLINE high yield savings account. Not a local bank. You want a barrier or a little inconvenience to get to the money. Put the money in that account before you spend a dollar of your tax return.
I love the house keeping non-negotiable, I hope to be there next year. Having good credit is so underrated and adding your kids to your credit card as an authorized user is really good if you are good at managing your finances.
Absolutely! I made some sacrifices for that house keeping lol!! Yes both my kids turned 18 with 700+ credit scores
So glad I found your channel!
Me too!
Omg. I love your videos!!! Thx for the great info!!!
@@LikaPalace Thank you for taking time to watch!
God bless you sis! 💗 Your videos are greatly encouraging me to be more proactive about my money and steward WELL. Thank you for sharing your wisdom with us!
Thank you so much for watching and the support..
Thank you, just found you. Peace and continual blessings to you.
Thank you for watching and same to you!
Thank you for your honesty❤ because we see power women but always think they were born with a golden spoon
Of course! I’ve learned a lot of life lessons about money ! Thanks for watching!
@@DiakaMelendezdidnt just watched, subscribed immidiatly and started binge watching, sending you love all the way from Holland❤
I think it’s YNAB now I’ve heard. And yes on the monthly budget process. I’d love to see.
Yes YNAB! Will be working on a budget video.
YNAB Changed My life I stopped paying off my previous life and started saving for my future life!!
@@valerieproctor517 I would never not use it!!!
Awesome video!!
Every dollar has a purpose. ❤zero based budget
Thank you ❤😊
Thank you!
Wonderful video!
Thank you!
Do you suggest saving for the emergency fund in a regular savings or high yield savings account? Or other accounts?
Great question. for an emergency fund, I always recommend something that’s readily and immediately available because in an emergency, you don’t wanna have to pay a penalty or go through paperwork!
Can you do your time block video?
Already thinking about it!
Thank you and your cookies were so tasty today! ❤
Awe you are welcome!
Thank you for this! You stay dropping gems that I like applying to my life, and this video is one of them 🩷
You are welcome! So glad you enjoyed it!