how I manage my money 💵 income , expenses , budget , etc || personal finance in my 20s
Вставка
- Опубліковано 20 чер 2024
- Thank you to Nordgreen for sponsoring this video! If you're interested in getting your own watch, here's the link: bit.ly/2MzfvRj and you can use my discount code LINALE for 15% off.
In this video, I show you guys how I keep track of my finances in my 20s , so everything from my income , expenses , budget , net income , and some of the information that I need to do my taxes with when that time comes around ( business expenses , business income ). Honestly, when I was first learning about how to track my money ... I found it to be a little bit overwhelming even though it felt like it should have been really easy . Turns out, once you've set up your system , it can be super straight forward and then it's just a matter of including this into your end of month routine . I kind of wish they taught us a bit more about how to manage finances in school, but hey I guess the internet is a good place to learn. I'm by no means an expert, and this is just what I do , but thought it would still be helpful to some of you or at least give you ideas on how to manage your money! I used microsoft excel for my spreadsheets ... but you can totally use something like Google sheets as well :)
✩ Timestamps ✩
0:00 - Intro
0:40 - What do I use? + important info about my file
1:49 - Personal Finances Sheet : Income
2:20 - Nordgreen
5:40 - Personal Finances Sheet: Income
6:25 - Personal Finances Sheet: Expenses
9:26 - Personal Finances Sheet: Budget
10:05 - Personal Finances Sheet: Net Income
10:39 - Personal Finances Sheet: Bank Accounts
11:27 - Personal Finances Sheet: Credit Cards
11:58 - Business Finances Sheet: Business Income
14:00 - Business Finances Sheet: Business Expenses
15:25 - Outro
✩ GOOGLE SHEETS / EXCEL TEMPLATE ✩
Update (August 2021): Since some of you requested it, here's a google sheets template that you can use for your own finances: docs.google.com/spreadsheets/...
All you have to do is hit "File -- Make a Copy" and you'll have your own copy to edit. I left it the same as it is in the video, so obviously rename things according to your own financial needs (change streams of income, some expenses might not apply to you, different bank accounts, etc.).
If you want it as an Excel File on your computer instead of Google Sheets, just hit "File - Download - Microsoft Excel". I hope that's somewhat helpful to those of you requesting it - might help speed things up! I do recommend you still follow along with the video to understand some of it :)
✩ EXPENSES CATEGORIES LIST SHOWN IN VIDEO ✩
mint.intuit.com/mint-categories/ - pick and choose what works for you! you can also google other ones.
✩ Social Media ✩
Instagram and TikTok - @lina.lecompte
Twitter and Pinterest- @linalecompte
✩ Cameras ✩
Canon 80D w/18-55mm lens
Canon G7X Mark II
✩ Editing Software ✩
Adobe Premiere Pro
✩ Music ✩
Epidemic Sound
Use my referral link for a free month: www.epidemicsound.com/referra...
✩ Social Media Bars ✩
Brogan Algar - her channel:
/ @broganalgar
Keywords: how to track money , how to manage your money , how to keep track of your money , how to track your expenses , how to track your income , how to track your money in excel , personal finance for beginners , personal finance 101 , personal finance for students , personal finances in your 20s , budget with me , money tips , tracking your money , managing your money , money management - Навчання та стиль
UPDATE: Since some of you requested it, I have now added a template of the sheet I used in the video in the description of this video. You can make your own copy and rename things according to your own finances. A bit more info in the description box. Hope it helps! Please let me know if for some reason it doesn't work, and I'll try to fix it ASAP.
I like the template! I personally use mint to track my spending, income and net worth.
Can you please grant me access to it!
@@litokoba9976 everyone has access to it with the link in the description box - All you have to do is hit "File -- Make a Copy" and you'll have your own copy to edit.
I liked and subscribed because of this , thanks
thanks for the template! I'm planning to use it as base and automate it bit more to provide margins, cashflow info along with assets, liabilities . If you want me to share this file, please do let me know, I would feel happy to help
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Assets that can make one successful in life
I.bitcoin
2.Stocks
3. forex
@@jamesmurphy9772 You're right
But I don't know why people remain poor due to ignorance
please I have been hearing about this Mr Aitor Lorenzo from my colleagues at work. How do I easily contact him
A massive thank you Lina! This advice and spreadsheet has definitely saved my finances for the future!! I have always been lazy with managing money because havent had the need for it. Last few years have been tough since my monthly commisson has changed drastically and I didnt react to it. Started going into debt with budgets. With my calculations I will be debt free in 7 months. Im so happy! Greetings from Finland!
Your template was so helpful! I worked out my spending for the year, figured out where I should cut back on subscriptions, and set up a new blank version with a potential budget for next year. Thank you!
Yayyy!! look at you go! all ready for the new year! glad I could help :)
Thank you for sharing this informative video on budgeting! I really appreciate the clear and concise explanations, and I feel much more confident about creating a budget for myself. Great work!
Thank you so much for this video!
I ve been looking for a template and a way to track my money, in a way which speaks and appeals to me, and which feels intuitive, without being too overly complicated.
Thanks a ton, this has been a great start and has helped me get going!
thank you very much. This really helped in more ways than one. I've been looking for these types of videos and this is the most efficient by far, thank you
this is the best one I have seen. I needed something simple and cannot find anything
I love the music you chose! Your whole vibe is amazing!
Thanks a bunch! I've been looking for a way to sort my money out and how lucky I am to find your video! Best of luck🥰
I wish I could like this twice! been searching for a video just like this!
I generally budget in my head, and write things down; but as of recently I’ve gotten into a few different income revenue from different things. So now I feel like I need to excel or google sheets it, thank you for the tips. Also in a yr or two (kinda late, but because of life) in investing in a Roth IRA for retirement. I’m a new sub!!!!
That had to be the best commercial I have seen in a loooong time. Thanks for the great work.
Thank you. Useful table, as an option it would be nice to make a distinction between bills and contingencies, plus add a separate column to the bills with their due dates, just to remember when to pay.
There’s also a ‘sum’ button in excel which you can just click, whilst the values you want to add up are highlighted. It’s a Sigma symbol in the top right.
Wonderful! You are very talented and you explain the topic in a friendly manner. Thanks a million
Thanks for sharing tips on how to track expenses. That was by far the most sorted way to do it.
you're welcome!! happy it was helpful :)
Thank you so much for your explanation and template! UA-cam recommended your video to me so it's my first time visiting your UA-cam channel! I loved your video and just downloaded your template! it's amazing and so easy for a finance noob like me!!! many thanks and you just got a new subscriber here!!! love you and will be supporting you!!! you're so awesome
Thank you for this ! I'm watching this to kick myself in the ass with my expenses!
Thank you for your videos, it help me a lot especially the pattern. You are amazinggg
Thank you so much for the Google Sheets template, it has helped so much!
Thank you. Exactly what I was looking for. 💓
love it! thank you for sharing
thankyou so much for this,I saw lot of videos but this one is what Im folowing.Its so simple to undertsand😀
Thanks a lot now I have a clear picture of where my money goes
simple and elaborate. Settled on this template after searching online
Hi Lina -- this template was super helpful, thank you so much for sharing! Just had a quick question on the Credit Card section. I'm trying to keep track of how much my CC spend is but also have it be included as part of my overall spending (as I will be using money from my checking account to pay off this card every month). Not really sure the best way to go about tracking for both at the same time without double counting? (Not sure if this makes sense).
Thank you so much for offering this info. It helped out a lot! :)
Greetings, thank you for this video. I now have made my own trackers. Thank you
I definitely should start making spreadsheets as you did.
your editing is so good on this video!
ahhhhh thank youuu!
thank you for saving my life!
Thanks for this useful content ❤
I came here to see how other people do their finances, thanks for the info.
Thanks for this. It's helpful, I been trying to see more into tracking my money
You're so welcome!
Thanks for your video! This is super helpful!
This was genius! Thank you!
Thanks dear now I found the very basics and clean excel sheets new fan here 🙂
thank you Lina!!! I just move out from home, that's definitely a useful tool/ skill for me to study money,and live in abundance !!!
You're so welcome! glad its helpful!!
Forget typing sum and brackets etc when wanting to add up just select the column or rows and add an empty box at the end then click auto Sum or the Greek E button and it adds it up for you and fills that number in the empty box. Bit easier.
ahhh that's way easier! wish I'd shown it that way in the video! thanks for the tip!
thank you so much I definitely needed it
thank you for this!! I just graduated college and am trying to get my life together! Your spreadsheet helps a lot!
so happy to hear that!
Lol literally same.
Thanks, the business expenses sheet in the last is helpful :)
Thank you for the template. ❤
Thank you, Lina!
This was so helpful!!!!
thanks for helping me organise my life
ahh this makes me happy! thanks for watching!
This really helped me see how much I am spending per month. oops! Thank you!!
Ran into your video after I acquired a business half a year ago. Would be interesting to know what your spreadsheet looks like now and/or if it’s gotten refined (or if you have a bookkeeper handling everything)
my personal one is pretty similar but my business sheet is quite different now! I just had to adjust as I learnt more, I still handle it all on my own. But I haven't been doing UA-cam consistently for a while now, so not sure that I'll make a new video on it!
awesome, thank you so much for sharing with us that useful tool.
Thank you very much this was a great help!
i like that u put OUTRO as a timestamp! its interesting. By the way, i like the innocent honesty with which you explain
There’s an option on the top that sums them all up, average them, and more. That would be easier than doing all of that!
Thank you so much for this
Thank you, Ms Lina 🥺
thanks! this was a great tutorial
I came for the knowledge but stayed for the smile 👍
I like it - it is easy and well explained
What an amazing tutorial and a spreadsheet. I only have one question, when it comes on putting your income sources, are you putting them on gross income or net income??? Assuming someone with a regular job and investment or side hustle, for a job it will be tax right away, in short, net income. On the other hand, making an income on investments and side hustle, such as, capital gains and dividends is I consider gross income. Also, it will only be tax on filing season. Which part of the income should I put on the spreadsheet, the gross/pre tax or the net/after taxes to make everything accurate??? Thank you and have a great day.
This was very helpful! Thank you for providing your sheet for free! Subscribing and liking for this :)
Thank you for your template!
That intro was 🧼 clean 🤩
you are a very interesting person and this video helps me a lot
Appreciate for the simplicity !
Great vid!
Thanks girl!
Great template
You look great. You sound great. The purpose I was here not fulfilled. But I got positive vibes from you hence subscribed.Thanks.
Well.... first of all, you're adorable... second, I'll design my expenses sheet based on your clear and concise explanation!!.... Love from Spain
Tahnk you for it!!
I WISH gas just cost 100$ a month. 😂 Great video!
Thanks! Thats exactly what I needed. )
you're right, there is a better way to do it. I was doing it like you and now it's all automated for me. If you're interested I can share my template with you.. it gives you a dashboard too. All in google sheets.. all you have to do is do the daily journal entries and everything else is automated.
I'm interested!
Can you share this template please?
I am interested
Im interested
i am interested
helpful thank you keep grinding
Love it 💪
"Epidemic Sound" 😄 oh gosh, irony not lost there
For eating out I put in Food and Drink as a category.
first of all, you are so beautifullllllllll!! i love your accent and it is easy to understand and thanks for this tipss, i will definitely use it from now onn
awee thanks so much! glad it helped!
Great Info!
Starting to get my life together and working on savings and budgeting Is my first steps! Love the video!!
the editing is superb
"Manifestation" category lol I like it.
Hi, Lina! Thanks for sharing. Plus you are so gorgeous. I love how you discuss everything and love how you speak. Hahaha *fan-girling*
“If you don’t budget your spending
you’ll spend your budget”
YEAS THANK YOU that's what I was wanting to do with Excel lol I liked this video yes!!!!👍😅
Is there anyway of importing your credit card details into excel directly and sorting them into the different categories?
Great information Lina, I am a bit old school so will use your template. Thank you very much for sharing. Love the watches also🤩🤩
Glad it was helpful!
Useful. Thanks!
Thank you Lina, I will use 15% discount to buy our son a watch from Nordgreen. He loves watches. Great product. I love the Excel video.
awe that's awesome!! thank you
I want a Nord!!!!
Thanks for the tips and spreadsheet! Very helpful :)
Keep track of income and expenses is easily done by categories and sums like you showed. But the tricky part is to know your balance on each of your credit card and accounts continuously. How do you do that in excel?
extremely helpful
You are a hoot!
thank you ahh so helpful :)
so glad it was helpful! thanks for watching
Love this video. very informative, watching all the way from PAPUA NEW GUINEA...
Good video, great breakdown 👍🏻
USING THIS IN 2022
Proud of u alot . Love from PAKISTAN
Thanks for the tips! Just a suggestion that will make things easier for your subscribers: Sharing the template of the sheet you used in a video will be very helpful to people who enjoyed your model and want to start using your template, so they don't need to spend time going through the video to make a similar template, instead they can just download it.
Oh this is a really great idea! I didn't think of that when I was making the video. I might do that soon, thanks for the suggestion :)
@@lina.lecompte You're welcome!
@@lina.lecompte you can just import/copy the excel file into google sheets, so everyone can make a copy for themselves
@@lina.lecompte Hey Lina, have you included the template? Would be really grateful if you do
@@tealucijaivic9985 Hi! thank you for letting me know! I just did exactly what you said :) I've added it to the description box. thank you!