DO THIS: If Cash Stuffing Isn't Working // Want More Success??

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  • Опубліковано 21 тра 2024
  • Let's do a mid-year check-in. Have you been doing cash stuffing, but you still feel like it isn't completely working. Do you ever have to take from one envelope because what you need isn't in another? Well let's chat and figure this out together. In this video I will show you how I set a plan to ensure I don't have to do it again.
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    ---Mid-Year Check-in---
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    ---Simple Budget Planner---
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    ***As an Amazon Associate, I could earn from qualifying purchases, some of the links above could be paid links, and I can earn commissions. I may have other associate affiliate links as well, I can receive commission and/or payment from the products listed above. I am NOT a financial advisor, just a mom who has been through life and likes to share tips she has learned along the way.**
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КОМЕНТАРІ • 79

  • @ginamoffett1973
    @ginamoffett1973 Місяць тому +3

    I absolutely love this, and when you showed using the tracker that way, I was like WHAAAT why didn't i see that before.

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thanks 😁 I am excited to get just a little better in a budget and make more progress.

  • @Intentional-frugality
    @Intentional-frugality Місяць тому +5

    After the death of my mom, rest in peace I have made huge decisions on my personal life, my financial life, and also my spiritual life. I’m hoping to get back on UA-cam making videos and keeping track and holding myself accountable. This was a very good video simple sinking funds that actually makes sense to have.

    • @lymanjoy
      @lymanjoy  Місяць тому +2

      First, I want to say I am so sorry for your loss. Second, I bet she would so be so proud to know that you are using this circumstance to push your forward in all areas of your life. Lastly, I wish you the very best in your new journey and new shift in life. Thanks for watching!!

  • @simplylivingsaves
    @simplylivingsaves 23 дні тому

    This was such a great explanation ❤

  • @CashBudgetRetiree
    @CashBudgetRetiree Місяць тому +3

    Laura, please don't be so hard on yourself. Live and learn, which you have. Now proceed with kindness to yourself. You are one of my budgeting heroes. This might be 2 steps forward, one step back, but you are still making progress. ❤
    25:43 Your revised way of using the budget trackers is so much more useful than the original method of use. Thank you for sharing it! I will now use mine this way. 😀
    44:16 Good video, Laura. I look forward to your other videos in this series. ❤

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      Thanks for that encouragement and being apart of my community!!

  • @leighjohannessen7498
    @leighjohannessen7498 Місяць тому +1

    Great video! Very encouraging for those of us who are new and having issues with sinking fund categories. Thanks!

  • @table.for_6
    @table.for_6 29 днів тому +1

    I just opened a high yeild savings and I’m beyond excited for your video talking about that ! As a single mom of 5, running three businesses, holy cow j need the help

    • @lymanjoy
      @lymanjoy  25 днів тому

      That's awesome. I'm so glad that you opened one. I really like mine. It's been very useful. Been crazy at the end of school year over here, but I'm hoping to get that video up very soon. Sorry for the delay. I'm thinking next Monday. It should be up and running. Thanks for your patience..

  • @lynnyo1467
    @lynnyo1467 Місяць тому +1

    Very excited to see how I can REWORK my budget to work better...mostly challenging between husband and myself and upcoming healthcare costs😮

    • @lymanjoy
      @lymanjoy  Місяць тому

      That's hard indeed!!

  • @Glammmahgotguts
    @Glammmahgotguts Місяць тому +2

    Very good video. Laura you touched on a lot of good points. 💜💜💜

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      Thank you!! Thanks for always watching and commenting. It really means a lot to me. 😃 ❤️

  • @user-pt4dp4ek1f
    @user-pt4dp4ek1f Місяць тому

    This was absolutely awesome!!! thank you so much! Thank you for being so transparent.

    • @lymanjoy
      @lymanjoy  Місяць тому

      My pleasure love to be real in hopes to help people find freedom with their budget with me. 😃

  • @santagonzalez1222
    @santagonzalez1222 Місяць тому +1

    Thank you so much, your so inspiring, Blessings

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thank you for your kind words, they keep me motivated. Blessings

  • @MakeMoneySaveMoney111
    @MakeMoneySaveMoney111 Місяць тому

    Thanks for sharing another great video. 💙

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thanks for watching and commenting. 😁

  • @conniet9288
    @conniet9288 Місяць тому

    I love this! Great way to think of it because i have struggled to make sure enough to do so there in time.

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thanks 😁 so glad you liked it. ❤️

  • @judimcintyre5350
    @judimcintyre5350 Місяць тому

    Wonderful Video! Thank you!

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thanks for watching and for the kind comment.

  • @barbw6116
    @barbw6116 Місяць тому

    Great video !! Helps to inspire me

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thank you for watching and sharing that. It makes me motivated to keep going. 😊

  • @chrisypbydesign
    @chrisypbydesign Місяць тому

    Love this sooo much!!! Thank you for doing this video. I just decided last week to reverse the order of my low priority SF to reflect a goal amount and work it backwards but haven’t gotten around to fixing my tracker and envelope trackers. So happy to see you do it first! Gave me some good ideas. Thanks again!!!

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      Great minds think alike!! 😁

  • @nthabiseng7056
    @nthabiseng7056 Місяць тому

    Thank you so much for sharing - lovely video & informative, best wishes ❤❤

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thank you for watching and your kind words. Blessings to you!!

  • @user-ys7np1ux9u
    @user-ys7np1ux9u Місяць тому

    Great ideas!

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thank you, thought it was fun and helpful.

  • @Savewithrosy
    @Savewithrosy Місяць тому

    Loooove watching your videos. Although we are completely opposite when it comes to minimalism vs color on our forms, i always come away with something new to try. Thank you😊

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      Love that we all bring an element of us to our videos. Thanks for watching ❤️

  • @kathymcneil8282
    @kathymcneil8282 Місяць тому

    Amazing ❤

  • @JenniferD.-wt4uj
    @JenniferD.-wt4uj Місяць тому +1

    Hi, there!
    So Happy to see you here today❤😊!!!

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      👋 thanks for watching

    • @JenniferD.-wt4uj
      @JenniferD.-wt4uj Місяць тому

      @@lymanjoy Always, whenever I see you on here!!!

  • @wilmavpijkeren-raayen4482
    @wilmavpijkeren-raayen4482 Місяць тому

    Great video, we have a envelope voor yearly bill's and bulk and it realy helps us a lot😊

    • @lymanjoy
      @lymanjoy  Місяць тому

      I am really excited to see how it helps. It's good to know it's been helpful for you, thanks.

  • @Nickel-and-dimes-budget
    @Nickel-and-dimes-budget Місяць тому

    I enjoyed your half year reset

  • @abbybatterson6527
    @abbybatterson6527 Місяць тому

    Great ideas! I’m going to reevaluate my funds this weekend.

    • @lymanjoy
      @lymanjoy  Місяць тому

      It really has added a new spark and motivation to keep moving forward!!

  • @joannwagner4940
    @joannwagner4940 Місяць тому

    I definitely will start using trackers now. 🤯 I'm like ... Why didn't I think of that!

    • @lymanjoy
      @lymanjoy  Місяць тому

      Right, me too. 😃

  • @Fabylocity
    @Fabylocity Місяць тому

    I love this I’m also starting my budget journey also here in southern Ca. Question what is considered a high yield account?

    • @lymanjoy
      @lymanjoy  Місяць тому

      An account that gives you money back on the money you have in there. So I use wealthfront. I LOVE THEM, they give me 5.0 APY, and they have categories like cash envelopes, and you can use it like a bank with a debt card. But there are other good ones too, like Ally and Sofi. I will actually be releasing a video next week that has my cash condensing and a detailed breakdown of wealthfront, how to set it up, and how to use it, so be on the lookout. 😀

  • @holyscriptures82
    @holyscriptures82 Місяць тому

    thank you.

    • @lymanjoy
      @lymanjoy  Місяць тому

      Thank you for watching 😁

  • @catherinekuntz8306
    @catherinekuntz8306 Місяць тому +1

    I am having to reevaluate what i can pay on debt. I wasnt taking into account some of the normal expenses

    • @lymanjoy
      @lymanjoy  Місяць тому

      Well, I think reevaluating is wise and helps our budget to become more and more refined!!

  • @bethhamm7027
    @bethhamm7027 Місяць тому

    You’re a mom of six (I’m a mom of four) I’m surprised you found time to read half a book. 😊
    BTW, I love the wallet that you put in your purse. I have not been able to find anything like that. I have found smaller ones what I don’t think would work as well. If you would share a link that would be wonderful. Thanks.

    • @lymanjoy
      @lymanjoy  Місяць тому

      So true, time is precious and usually busy with things.
      I can't find my exact one anymore 😒 but I am designing one. But until then, here is a link to an Amazon on that is the same size.
      A7 Budget Binder Set - Mini Money Organizer for Cash Saving, Cash Stuffing Envelope System, Planner Binders with Pockets, Sheets and Stickers, Black a.co/d/2w9jqXw

    • @bethhamm7027
      @bethhamm7027 Місяць тому

      @@lymanjoy thank you so very much

  • @BodaciousWench
    @BodaciousWench Місяць тому

    That matchbox is cute. Did you buy or make it?

    • @lymanjoy
      @lymanjoy  Місяць тому

      Actually, one of the doctors I work for made it for myself and coworkers and gave it to us with a candle and our Christmas bonus. So cute right, I thought it was so creative.

  • @deborahjanik1116
    @deborahjanik1116 Місяць тому

    Good afternoon 😊

  • @LB-me7us
    @LB-me7us 22 дні тому

    I love watching your videos. I am new to all of this and have a question on the sinking funds. Why don’t you just put all the money to your first goal and then when it is fully funded move on to the next instead of a little here and a little there and it taking so long to fund? I just don’t understand I am sorry. Thanks

    • @lymanjoy
      @lymanjoy  21 день тому

      Totally could do that, but I need multiple funds because for instance I may have a car problem and a house issue at the same time and if my I only have my car maintenance funded then I won't have anything for the house issue. Or what if I start with holiday funds but a car issue arises. So, like I said, you can totally do that, but I noticed I really need all of them to stay out of debt and not Rob Peter to pay Paul.

    • @LB-me7us
      @LB-me7us 20 днів тому

      @@lymanjoy Thank you so much that makes sense.

  • @user-po2ql5tb6w
    @user-po2ql5tb6w Місяць тому

    Most important is planner

  • @DavidEVogel
    @DavidEVogel Місяць тому +1

    Cash envelope stuffing will not solve a common money problem; that is, expenses exceed income. In the past year inflation has increased your expenses about 5 percent. If you were stuffing $2000/month, for example, you now must stuff $2100/month to pay the same expenses.

    • @lymanjoy
      @lymanjoy  Місяць тому +2

      Indeed, but that's why every hundred I stuff I replace with prop money and put it into a high yield saving account making 5% APY. Gap closed.

  • @DavidEVogel
    @DavidEVogel Місяць тому

    Driving a vehicle is expensive. Known expenses are insurance, registration. The most difficult expenses are unknown: preventive maintenance, repairs. This envelope is tough to keep a positive balance.

    • @lymanjoy
      @lymanjoy  Місяць тому

      Indeed can be, on that I would aim high, and that's what having additional emergency funds is so important!!

    • @username00009
      @username00009 28 днів тому

      I looked into this a bit to figure out how much should go in my car maintenance and repairs sinking fund. It was hard to find a good guide but I finally settled on $600/year.

    • @DavidEVogel
      @DavidEVogel 28 днів тому

      @@username00009 Thats good. What might cause you to stubble is $800 for new tires. Its OK. $600 in the envelope and $800 for tires should not cause a panic. With no cash envelopes you would need $800 and have nothing. Thats a panic mode.

  • @rg-mi5hh
    @rg-mi5hh Місяць тому

    Itt is getting harder and harder to budget. Not much left to cut out either.

    • @lymanjoy
      @lymanjoy  Місяць тому

      I get that. Is there any room in your life for a side hustle? Anything in excess to sell? What eats up the budget the most. Can you reverse grocery shop? Somethings I ask myself at the beginning of each month. But we can only do our best and that's all we can do. Keep going if you're budgeting, then you're already doing better than most. Hang there. 😃 ❤️

  • @laurenalexis2745
    @laurenalexis2745 Місяць тому

    Have you watched Poised Finance + Lifestyle? You're both Heart Mama's living in California and value Family and Finances=) Maybe you two could connect💙

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      I haven't, I will check her out and reach out. Thanks for the connection, I really appreciate it. 😃

  • @CashBudgetRetiree
    @CashBudgetRetiree Місяць тому

    Laura, I'm thinking I might prefer to use your whole budget planner system, or at least some of your sheets. For now, are all the budget sheets used in today's video avail for purchase as a set, or at least individually in both paper form and downloadable form? If so, please list their names so I know the correct items to buy. Thanks.
    Valerie
    @CashBudgetRetiree

    • @lymanjoy
      @lymanjoy  Місяць тому +1

      Yes, every form is sold on my website, I use the simple planner in the video. They come in A5 size or standard letter size. Here is a link to my website. If you have any questions, please don't hesitate to ask.
      www.thelymanjoycompany.com/