2024 MONEY RESET | How I Budget For a New Year! Track your money, Save and Invest + Cash Envelopes
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- Опубліковано 26 чер 2024
- thanks for watching ✨ In this video we are getting our moneyyy (and mindset!) all set up for the new year of 2024! Let's make 2024 the year you take charge and level-up your budgeting game. Let's save, invest, and spend in ways that feel GOOD! I hope this video inspires you!
We are covering my December spending, starting with zero for the new year, setting up my new budget tracker, and creating my January 2024 cash budget. Hope you enjoy! Let me know if you have any questions.
Follow me on instagram! / zoexpritchard
My Budgeting Toolkit (ships internationally! use code ZOE10 to save 10% on your order)
📌 Digital Budget Tracker: thelineshop.ca/products/the-b...
📌 Custom Cash Envelopes: thelineshop.ca/products/custo...
📌 Leather folio (how I store and carry my cash envelopes): thelineshop.ca/collections/ag...
📌 Vegan leather folio: thelineshop.ca/collections/ag...
*Some of these links may be affiliate links. This allows me to earn a small commission, which supports my channel at no extra cost to you. Thank you ☀️
Thanks for watching! Please subscribe: ua-cam.com/users/zoelovex...
Are you a brand that would like to work with me? Please email zoe@zoepritchard.com
Video Chapters:
0:00 Welcome & Happy New Year!
3:50 Money Feels
6:23 December Budget Review
11:08 Starting with Zero $
14:23 Setting Up My Budget Tracker
26:58 Creating January's Budget
29:30 Emptying Cash Envelopes + ATM
32:49 January Cash Stuffing
✨ About me: ✨
Hi, I’m Zoe! (Pronounced like Zoey) I’m a 27 year old from Montreal making videos about my REAL life. After quitting my management consulting "dream job", then being laid off from a startup job, I decided to take a chance and work for myself. I'm now mainly focused on UA-cam (my absolute passion) and side-hustle contracts in the copywriting and admin fields.
My videos centre around work, gentle productivity, mental health & personal wellness, with a touch of fashion, tech, and whatever else I'm living. My goal is to be open & honest ALWAYS and for my channel to be a fun, inspiring place where we can set goals and live our best lives together. I would love for you to subscribe 💝
TAGS:
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The minute the video started I thought wow I love the setup/sound, very professional! Then you mentioned your new equipment 🙈 love the upgrade ✨️💗
ahh yayyy!! i'm so happy 💖✨
Start saving for Christmas now! $1,200 / 12 is a lot less daunting than $1,200 / 4 😊
so true 😭
Yes! This is my year to check my finances and get rid of the financial anxiety. Taking charge and setting myself up for success. Thanks for the info! ❤
Love it, Zoe! Watching your journey is such a treat. You've gotten so much better at everything you do. Love the setup update. And you are looking great in this video. ❤
thank you so so much 💕
Hey Zoe! Thanks for this video to inspire all of us, the motivation and accountability is gonna help me a lot ❤
yayy!! 💖
I love yearly budgets! Any “SMART” goals get me so pumped and more likely to achieve them!
agreeeee!
Thank you for your video! Your financial videos are always my favorite. I've been using the binder and the envelopes from the Line and I have to say I love it so much. The shipping fee was rough but it is really worth it!
so glad you’re enjoying!!
This video finally gave me the push I needed to buy the digital version from the Line. I love it! I cannot track on paper and this is what I needed! Thanks Zoe!
you’ll love it!!
Hi bestie! I watch your videos 24/7 and gets me SO excited when you post!!!
hiiiiii 💕💕 this makes me so happy 😭
My favorite videos of yours are the budget ones. I love them all, but I'm a personal finance nerd. Great video.
love it 💕💕💕
girl this video was such a mind F…it felt like i was hearing myself talk🤣🤣i LOVE doing my cash envelopes!!! it’s so much fun for me. and my 7 bank accounts are the only thing that keep me from spending my rent money. you really get it 🤣
LOVE THIS!!!
Loved this video, I always appreciate your transparency Zoe!
thank you!! 🩷
Such a great video, Zoe! Love the setup upgrade as well! ❤
yayyy thank you 💕
Just purchased the budget tracker with your code! I usually just type it out on a Google doc but I'm excited for the break downs 🙌!
I absolutely LOVE your videos Zoe, they put me in such a good and calm mood, ty
LOVE the new office set up. I was really pro-getting rid of the office, as I love the look of your apartment for a backdrop, but this new set up and desk area in the office is so good!
thank youu 🩷 my plan is to film at home for most videos and do the finance content at the office at my desk 💸
This was such a fun video!! Got me sooo excited for the new year. Can't wait to see more 2024 budgeting videos :).
yesssss love to hear it! 🩷
I just redid my line spreadsheet I got from your code last year. I am excited for a new year and low spend year to tackle Debt
awesome!! 💕
Love this vid Zoe! & you are GLOWING
thank youu! 🩷
Omg I’m loving the new set up! Your videos just went up another level of professionalism
so happy to hear this! thank you 💕
Your hair looks soooo amazing, the bangs made a lot of difference 😍
This video is so complete, loved it!❤
thank you!! and so glad you enjoyed 🩷
Very good Zoe. I love these videos, your set up is very professional. ❤️
so happy to hear it! 🩷
all that comes to mind is PHENOMENOL
I have a lot of financial anxiety and an avoidant style. I bought a condo in 2022 and knew things were going to be tight. I feel like I don’t spend but I’m always spending more than my income. This year my goal is to really track what I spend because according to a preliminary budget I made, I should have enough money to save but somehow I’m always going over.
your hair suits you so well omg! great way to welcome 2024 too 💗
thank you!!!
U are very informative and organized like your vlogs have a Happy new year like that hair ❄️😆💙
Looks amazing, sound's great 🎉 happy new year!
Plus- I would love to watch a video explaining about the way u organize the bank accounts and the credit cards... it would be more understandable ❤😊
awesome!! adding it to my list. happy new year 💕
Zoe your hair looks soooo good! Such a lovely change 💗
thank you so much!!! 💕
Excellent excellent video! The setup, audio, explanation, everything is phenomenal!
thaaank you!! so happy to hear this 💖
@@ZoePritchard ❤️
Loved this video as always ❤
thank youuu 💕
I love the new mic!!
Yes can you do a video explaining the different types of bank accounts you have and how to go about them?
love the look and sound of this video!
yayy so happy to hear this! 💕
The lighting looks great!! Good idea
thank you!!
I love your video ❤ happy budgeting. 🎉🥰
thank you!! 💕
Thank you for this video, it was really fun to watch!☺
thank you for watchingg 💕
Looks and sounds great!
Some very sound information and advice Zoe! TFS
thank you for watching!
Wow Zoe you are GLOWING ❤
🥹🩷🩷🩷 thank you!!
Your Microphone definitely helped with your noise issue (not that I ever noticed it before anyway) but it sounds GREAT! Love that you got lights, I got 2 new lights as well, even though I had 2 before, I upgraded.
fantastic!! thank you for the kind words
Hi Zoe! Love love this video
hiii thank you 💕
Happy New Year!! Yas I agree so much!! I get nervous, overwhelmed, try to start a budget, go against what I’m gonna spend etc. Can you do a tutorial on how you created this google sheet?
happy new year! i bought the spreadsheet from The Line, I have it linked in the description of this video :)
This was so helpful! thank you!
thank you for watching!! 💕
New subbie from the UK!
Look forward to following along xx
Love the sound/audio! What is the equipment that you are using? I hear you on the value of setting up sinking funds for gifts, travel etc. Thanks for sharing ❤
hii! the new mic is from Hollyland and the lights are called Mondog or something similar 😂
Thats why i dont do cash envelopes. Im able to do it all digital. I wouldnt remember to use cash to putchase stuff cause i already dont use cash. Also a lot of places dont like to accept cash. Everyone takes credit/debit though. Nice video.
Hi Zoe! Love your videos :) and the new upgrade in quality is awesome!
I was wondering if in near future you could do a video on the journey with your cash envelope and tracker system?
I just started with mine and already see some ways that i get off track so-to-speak. I was wanting to know in your experience if you had the same and how you overcame/improved on it.
I noticed my first month was going strong, but found that I was convincing myself to switch around and use money from different categories to “top up” others. Then when i was writing in the expense log, it didn’t seem accurate and got a little confusing.
Has this happened to you? And how did you improve on the budgeting discipline?
Thank you!!! Keep up the amazing work! Wishing you a wonderful and successful 2024!
hey great question!! for the most part, i do not allow myself to move cash between envelopes as I find it gets to overwhelming. Instead, I'll supplement with debit or credit and log it as such. Then at the end of the month I can see where I went over. After a few months you'll see trends and you'll know if you need to change your budget.
Let me know if that makes sense!
@@ZoePritchard thank you for your response!! Yes, this makes sense and sounds like a great way to see trends as you say! Thanks again :)
Zoe…. Hello :) I love your budgeting skills very impressive might take these skills into account no pun intended
Zoe, I budget, but my sinking funds, I have some and a few are (Occasions,) like birthday, weddings baby showers, etc..I have a (Holiday) envelope for the holidays, like mothers day, fathers day, 4th of July, Halloween, Thanksgiving, and Christmas, i use the holiday envelope to buy Christmas wrapping paper, lights, food, assories,Etc..I only use my (Christmas) envelope for gifts only, that way im not dipping into my gift budget for Christmas.I only want to use my 🎄 Christmas budget for gifts only .That way i can buy nicer things for my loved ones. I have more , but These are the ones, i use the most..
I save for Christmas all year, Starting in January so i dont have to play catch up and if i have more then i need in my envelope after I Christmas shop then i will add on to the gifts, I already bought or I will treat myself to something I really want, or I will roll it over to the next year .
Zoe! Can you show your barre training? Were you a dancer or gymnast?
Favor/ i loved following your debt free journey and was wondering if you could link some of your favorite inspiring videos. Since you’re debt-free now! Hooray, but I’d love to go back for a little inspiration
haha I feel this! I used to love watching the "debt free screams" on Dave Ramsay, and also check out Aja Dangs old videos!
You’re the best! So happy for your debt free and savings success! Way to go!🎉
Finally gave into the cash envelopes 😅
The new setup looks and sounds great! Do you have any investments other then your retirement account?
my TFSA and I started a first time home investment (FHSA) but I am actually not eligible to use it 😂
can you explain the purpose of your one month ahead sinking fund? would love to hear the logic / debating if I should I also do that! p.s. love the new setup, noticed the difference immediately! 😻
yes! one month ahead is my rent and cash spending, so that I have it at the ready when the first of the month rolls around. It helps me feel prepared and avoid the "paycheque to paycheque" scramble to pay rent.
Hi! Im used to using the budget mom workbook but switched over to a similar spreadsheet as you for 2024. I do the cash envelopes for my expenses also. I’m probably making this more complicated than it is lol but, do you track your cash withdrawals from the bank on the spreadsheet? Or Does it need too?
I like the better microphone quality, lighting, and mini screen in notion right corner when you screen share. Only tip is the angle of the first mini screen looked like you were filming your back and I didn’t love that angle.
agree!! ill keep this in mind, thank you 🩷
My financial goals are a continuation of my current habits. I'd like to contribute 13% to my pre-tax retirement and $200 per month to post-tax retirement. I'd also like to prioritize travel, experiences, good food, and health/wellness while avoiding buying "stuff". I have enough stuff!
woohooo I love this!!!
Hey Zoe! Do you have a HYSA? You might like Ally (4.25% APY) if that's available online where you live. All of your money goes into one account then you can sort it into different goals with their savings buckets. I like to keep a sinking fund for Christmas and then you can see the status bar of how far you have to go.
PS. The new setup and sound is great!!☺
hii! this sounds perfect, sadly Ally is not in Canada 😭 I would so hop on this!
I think the sound comes through really clearly with no background noise coming through at all
i'm so happy to hear this!!
I noticed the sound difference IMMEDIATELY girl 🎉
YES!!
Newly discovered your tunnel and love, good budgeting tips! I’ve tried cash envelopes before but how do you deal with all the coins? Especially here in Canada, where we have no bills smaller than a 5. Doesn’t it get very heavy?
I keep all the coins in a separate wallet and try and spend them as I go. I recently made a piggy bank so I can keep the coins and save em up!
My Spotify trick/ tip:
Buy a Spotify gift card for around a 100$ you get one month free and that way you only need to pay it once a year and it’s one less expense coming out of your bank account every month 😌
Wait, this is so smart! I love that.
@@jennifercarteno351make sure you set a yearly calendar reminder before the expiration date to buy a new one every year!!
she's a GENIUS!
I also love spoiling my loved ones. I hope I can get myself in a good financial state so that I can do it next Christmas
you totally can 💕
I love to start this budget this year but i usually just write what i need to pay but i,m interested in making more on the other stuff but don't know were to start with it? Please let me know if you canhelp me
I was wondering why you sound so different but the new mic makes a big difference
The compilation taking us to the bank was so fun! And I love that you said "Do you guys wanna come with me to the bank?" LOL
hahaha i asked but you didnt have a choice 😂
This video looks amazing - until you talked about the office I thought you were in a new space and I was confused lol
no way!!! haha this is awesome
Where did you get that cute desk lamp?
hi! its IKEA
What kind of account do you have (the one at rbc) where you categorize each one ? is it many check account or savings account ?
They are all chequing accounts!
Is anyone in the comments from Belgium? I really want separate buckets within one bank account but I don’t know if Belgian banks have this option
Do you use ally? They have savings buckets you can seperate money for different things. Over 4% back too!
I love Ally
That's an American bank. She's Canadian
americans get way better banks, credit cards, rewards, etc :(
How save if low money
Where can I purchase the leather money envelopes binder?
it's all linked in the description :)
I think you have too many categories. If it helps you achieve your goals, though, great! For most people trying to parse things out to this detail would cause them to stop after a few months. And I think years from now, you'll look back and realize that Gas, Car Stuff, and Parking are really all part of Transportation. Similarly, Therapy, Personal Care, and Workouts could all be subsets of Healthcare.
the more the merrier! I think for many having them separate helps assign a dollar amount they can stick too, because at the end of the day gas and car repairs are not the same thing.
Are you wearing the Gaspard sweater?
yes!!! 🖤
love the new setup and audio ❤ but does anyone else hear small squeaks here and there?
Hmmmm I don’t hear anything but I’m also not wearing headphones 🤔
thank you!! it might be some squeaks coming from the pipes in the office 😭 its an old building
Hi Zoe, brand new to you… I have so many questions….❤
1. What kind of system ( computer) best supports the program you use?
2. Is there a huge learning curve for the program?
3. Is there a fee for the budget tracker?
4. Is this budget tracker a your eyes only? ( meaning there isn’t a company or bank that can see your info?
5. You mentioned that you have an office you pay for… what kind of job/ business do you do?
6. When you say you have several bank accounts… would you recommend all at the same bank or different places?❤thank you!!!
hi!! the program is a google sheet, so you only need a browser (chrome for example) and no one else can see it - your eyes only! It is a one-time purchase and you can make a copy and re-use year after year. Super affordable and easy!
I work as a freelance copywriter and I also earn a living off of my UA-cam channel! Lastly, I recommend only having one or two banks for all your accounts to keep things simple. I use RBC as my main bank, and WealthSimple for any money that I don't need quick access to.
How do you feel about carrying around a $1000 in cash in your purse? I would be concerned about theft and/or loosing my purse.
from the ATM I hate it, normally I don't go walk around right after, just get back in my car. But once they are sorted in my envelopes I don't mind for some reason 😂 knock on wood I always feel safe! Also, I rarely carry the full amount with me, I'll just take the envelopes I need when I need them
@@ZoePritchard I know some people do more weekly budgets that way. That might be more manageable for my personal comfort.
Zoe can you tell me more about wealthsimple please 🙏. i want to open an Account where i can save some money please .Thanks
Why not tax free saving account instead of RRSP?
rrsp helps lower your taxable income which is more helpful to me than tax free gains right now :)
Full on financial anxiety. I have a lot of competing savings goals.
i feel this! i find working on just one goal at a time really helps 💕 you got this!
Omg am I the first?! 👀
shes fiiiirst!
Hi..newbie here
SAYING THIS AS ZOE STANNNNN (this is feedback; but you have 0 obligation to listen to it!! only offering because you specifically asked :) and obvi will still watch because I love your personality and this is YOUR channel so you can do whatever you want and whatever feels good to you!!! (coming from another content creator -- dont feel pressure to have to listen to your audience!) I actually really miss your old sound -- this feels a bit muffled the lighting makes it feel a bit more sterile. I love your old sound much better -- and I love your videos because they so often feel like on facetime with a bestie. I actually avoid youtube videos that feel "professional" -- and I gravitate people who are messy and organic. I feel it's been a trend in social media such that channels with "less professional" quality attract audience that have higher engagement (and thus good for brand deals bc we trust you more and more willing to engage due to an investment in the person) and loyal due to the authentic feel; even if the more structured channels may "get more views" if that makes sense? Once again -- ALLLLLL feedback and my personal thoughts that you can happily throw out the window :) But always down to discuss if you'd ever like or are ever looking for a social media management intern :)
hiii i actually super know what you mean! i also dont watch over-edited or overly professional content because i like the natural vibes. I think Ill always keep those natural vibes for my vlogs, but needed to find a way to film from my office sometimes 🙈 so itll be a mix! but i really appreciate your honest feedback!
also I'm shook because I too found the sound a touch muffled, but everyone I showed it to said I was being crazy 😂
I actually think this is a great balance! Like currently watching your January reset and love the old sounds and vibes BUT for like the sit down videos then the mic & lights make a lot more sense! I think I was afraid it would merge into the vlogs and they would lose their character but I think your idea is good especially if it makes you able to film in your office bc that must be so frustrating! thanks for the reply!! :) @@ZoePritchard