Nope, definitely need a budget. I’m so thankful to have found this community, because I never really thought about having an emergency fund or a month’s worth of expenses. I now have a hysa which gets $5 biweekly for now towards a month ahead/emergency fund. I’m not going to miss $10-$15 per month in today’s economy.
We always had a budget-but never stuck to it! This year we started with a no spend January then continued it through the year. It changed our spending habits and now we stick to our budget.
I love that the no spend kick started budgeting for you! Making a budget is definitely different than sticking to one. Im glad you guys are doing so well now ☺️
Catching up on videos - can't agree more how important an emergency fund is and double agree that $1000 isn't nearly enough these days but a great start! Excellent tips and info!
Thank you for all of this. I tried to tell someone a few of these ideas once and maybe I didn’t know how to explain it right. When I lost my job 5 months ago I am so glad I had something to survive on because the unemployment here is terrible it won’t even hardly cover groceries. I have been working full time at my side hustle jobs now. I feel everyone should listen to the knowledge you have to offer because one job loss is very scary. Hope you have a great weekend
Great tips, my husband and I were talking last night. We are going try and cut bsck on dining out. We spend and $100. Per week on this. We are goingbto try once a month. He didn't seem to thrilled but I'm fine with it. Lol
Recycle clothes ! Declutter and then again use a clothing thrift first ! Such great advice ! Face book market place a great place to find good quality kids clothes … Glenda
I am paying down debt as fast as possible. Then I will build an emergency fund in 2025. I have lines of credit as a backstop until I can build a cash e-fund to cover rental mortgages.
i think 1000 isnt enough these days due to cost of living crisis. im thinking saving maybe 2000 might be better. im only trying to build my 6-12 months emergency fund as well.
START TOUR CHANNEL! 😂 make it a goal for the New Year! It’s a perfect time to start because people are looking to get their finances on track. Plus, you’ll be working on new goals!! Do it! ❤️❤️
Buying lunches at work counts as eating out; even McDonald's. Buying coffee at work from the workplace coffee machine counts as eating out. Now, if you're buying k-cup pods at home for $1 to $3 per cup, the work place coffee club or k-cups might be a draw or even a savings. To save money in this arena, go to Walmart and buy the fillable k-cup filters then some coffee grounds for use both at home and at work. For the lunches figure out what you are paying at work. Let's say $5/ each. Then begin with a lunch grocery budget of $25 for a week. It will be a draw and it will help create new habits. If you're spending $10 the budget becomes $50 and if you're spending $15 the budget becomes $75. If 2 of you are buying lunch the eating out lunch budget becomes $50, $100, and $150. Like in the kitchen at home , cooking real food (no prepared nor partially prepared grocery store foods) and from scratch saves upto significant money. This is NOT to say ypu need to spend the entire budget but rather, physically put any savings into your Emergency Fund on a DAILY basis; extract it from the spending money be it cash in a cookie jar or envelope or electronically into a different account. A weekly basis works but its too easy to justify a meal out, a doo-dad, or extra groceries. The traditional packed lunch includes a sandwich with some type of sandwich meat, bread, and mayonnaise. DO look at the cost per pound of lunch meats. There are 16oz in 1 pound. If the unit cost is listed as $ per ounce multiply the cost per ounce by 16 to discover the cost per pound. If a package is already 16oz then the cost per pound is the cost of the package. Else you will need to calculate the cost per ounce and then the cost per pound. To determine the cost per ounce, divide the cost of the package by the number of ounces on the package; $package/ # ounces. Once you've got the cost per ounce then multiply by 16; $ounce ×16. Compare the cost per pound of lunch meat options to the cost per pound of the meat in the service deli, the cooked ham in the meat case, the cost per pound of canned meat options like tuna chicken and Spam (you'll have to calculate the cost per pound of these items too), even lean(er) ground meats and other cuts in the meat case. When making sandwich type things at home realize that most purchased sandwiches have 2 ounces of meat (8 servings per pound) and 4 ounces max (4 servings per pound). To make a comparable sandwich at home, you must limit yourself to either 2 or 4 ounces. Most cheese servings are between 1/2 (32 slices per pound) ounce and 1 ounce (16 servings per pound). Regular hamburgers are between 1/8th pound and 1/6th pound which is weighed before cooking and of 30% fat hamburger meat; 1/4 pounders are weighed before cooked and 30% of the weight is fat. Casseroles and left overs are often cheaper than meat sandwiches although the meatloaf sandwich is a standby. Put a SKIM cost of butter or margarine on the bread before adding anything moist to include lettuce, meats, mayo and other condiments; it keeps the bread from getting soggy and falling apart. Use some of that $25 to $150 weekly lunch budget to buy some resealable baggies, plastic food storage containers, glass or metal food storage containers, etc...For food storage containers begin with only one or two for costing reasons but also to discover what will actually work for you.
@KatieoftheHouse While I can get my from-home sandwiches into my mouth depending upon the lettuce and tomato, I am always far more satisfied with just a sandwich. - Yep, I am certainly guilty of more "stuff" in my from home sandwiches. I have to work on limiting the portions if I'm attempting something close to ready-made sandwiches. Open faced, hot sandwiches with gravy on top are worse yet; Thanksgiving left overs are acoming.
Nope, definitely need a budget. I’m so thankful to have found this community, because I never really thought about having an emergency fund or a month’s worth of expenses. I now have a hysa which gets $5 biweekly for now towards a month ahead/emergency fund. I’m not going to miss $10-$15 per month in today’s economy.
A budget is definitely necessary!
I’m glad you are setting aside that money. You are right that you probably won’t even miss it!
@ I don’t miss it, I’m treating it like a bill. That helps so much thinking about it that way.
We always had a budget-but never stuck to it! This year we started with a no spend January then continued it through the year. It changed our spending habits and now we stick to our budget.
I love that the no spend kick started budgeting for you! Making a budget is definitely different than sticking to one. Im glad you guys are doing so well now ☺️
Catching up on videos - can't agree more how important an emergency fund is and double agree that $1000 isn't nearly enough these days but a great start! Excellent tips and info!
Thank you! Having an emergency fund just gives me so much peace of mind. I don’t know how I ever slept before I had one! 😅
Thank you for all of this. I tried to tell someone a few of these ideas once and maybe I didn’t know how to explain it right. When I lost my job 5 months ago I am so glad I had something to survive on because the unemployment here is terrible it won’t even hardly cover groceries. I have been working full time at my side hustle jobs now. I feel everyone should listen to the knowledge you have to offer because one job loss is very scary. Hope you have a great weekend
Yeah I would not want to have to rely solely on unemployment! I appreciate you watching, Eva 💕
Hi Katie, these are great tips! having no emergency fund is indeed an emergency!
Yes! And it’s terrifying! I love the peace that an EF brings ☺️
Hi Katie! You are always to helpful with your tips without making it feel overwhelming. Thank you for always sharing your knowledge, friend! ❤❤
Thanks so much, Terra! I’m so glad ☺️
Great tips Katie! Grocery shopping the weekly sales has been helpful for me! Thanks for sharing!🌺🌸💖
Thats a great tip, Paula! Thank you!
I'd also recommand selling things around the house. You can be suprised how much you can get :)
100%! That’s a good one ☺️
Great tips, my husband and I were talking last night. We are going try and cut bsck on dining out. We spend and $100. Per week on this. We are goingbto try once a month. He didn't seem to thrilled but I'm fine with it. Lol
Haha maybe he’ll be thrilled when he sees how much money you’re saving though!
Morning Katie!! I’m listening in at work!! Thanks in advance for the tips!! 😊💜🌻🌷
Thanks, Imani! I hope you have a great day ☺️
Great Video
Thank you! ☺️
Great tips💗💗
Thank you ☺️🥰
Great tips excellent video😊 definitely need a budget
Thank you, Cat! Budgeting for the win 🙌🏼
Hi Katie! Here watching ❤
Thank you so much! 🥰
Those were all really good ideas.
Thank you, Debra! ☺️
Recycle clothes ! Declutter and then again use a clothing thrift first ! Such great advice ! Face book market place a great place to find good quality kids clothes … Glenda
Yes! Kids clothes especially are so expensive and they grow out of them so quickly.
This was a great video, Katie!! Very motivating to check into the little things that will add up 👍🏻
Thank you, Dawn! I’m glad you liked it ☺️
Hey Katie! ❤😊 thanks for sharing!! 😁
Thanks for watching, Hailey! 💕
I am paying down debt as fast as possible. Then I will build an emergency fund in 2025. I have lines of credit as a backstop until I can build a cash e-fund to cover rental mortgages.
Hopefully you can get that EF built up quickly next year!
i think 1000 isnt enough these days due to cost of living crisis. im thinking saving maybe 2000 might be better. im only trying to build my 6-12 months emergency fund as well.
I totally agree! $1000 is not enough anymore 😩
He that gets all he can honestly, and saves all he gets (necessary Expences excepted) will certainly become Rich; (Benjamin Franklin)
❤️❤️
I have my EF and stilk workjnf on it. I would like one year.
That would be the ultimate EF! Just think how much peace of mind you’ll have when you get that 🙌🏼
Excellent insight. I love these types of videos.
Girl, I want to start my channel. sigh... Encourage me please. 🙂
START TOUR CHANNEL! 😂 make it a goal for the New Year! It’s a perfect time to start because people are looking to get their finances on track. Plus, you’ll be working on new goals!! Do it! ❤️❤️
You just erased everyone in the US because none of us NEED clothes!
Right?!
Buying lunches at work counts as eating out; even McDonald's. Buying coffee at work from the workplace coffee machine counts as eating out. Now, if you're buying k-cup pods at home for $1 to $3 per cup, the work place coffee club or k-cups might be a draw or even a savings. To save money in this arena, go to Walmart and buy the fillable k-cup filters then some coffee grounds for use both at home and at work.
For the lunches figure out what you are paying at work. Let's say $5/ each. Then begin with a lunch grocery budget of $25 for a week. It will be a draw and it will help create new habits. If you're spending $10 the budget becomes $50 and if you're spending $15 the budget becomes $75. If 2 of you are buying lunch the eating out lunch budget becomes $50, $100, and $150. Like in the kitchen at home , cooking real food (no prepared nor partially prepared grocery store foods) and from scratch saves upto significant money. This is NOT to say ypu need to spend the entire budget but rather, physically put any savings into your Emergency Fund on a DAILY basis; extract it from the spending money be it cash in a cookie jar or envelope or electronically into a different account. A weekly basis works but its too easy to justify a meal out, a doo-dad, or extra groceries.
The traditional packed lunch includes a sandwich with some type of sandwich meat, bread, and mayonnaise. DO look at the cost per pound of lunch meats. There are 16oz in 1 pound. If the unit cost is listed as $ per ounce multiply the cost per ounce by 16 to discover the cost per pound. If a package is already 16oz then the cost per pound is the cost of the package. Else you will need to calculate the cost per ounce and then the cost per pound. To determine the cost per ounce, divide the cost of the package by the number of ounces on the package; $package/ # ounces. Once you've got the cost per ounce then multiply by 16; $ounce ×16. Compare the cost per pound of lunch meat options to the cost per pound of the meat in the service deli, the cooked ham in the meat case, the cost per pound of canned meat options like tuna chicken and Spam (you'll have to calculate the cost per pound of these items too), even lean(er) ground meats and other cuts in the meat case.
When making sandwich type things at home realize that most purchased sandwiches have 2 ounces of meat (8 servings per pound) and 4 ounces max (4 servings per pound). To make a comparable sandwich at home, you must limit yourself to either 2 or 4 ounces. Most cheese servings are between 1/2 (32 slices per pound) ounce and 1 ounce (16 servings per pound). Regular hamburgers are between 1/8th pound and 1/6th pound which is weighed before cooking and of 30% fat hamburger meat; 1/4 pounders are weighed before cooked and 30% of the weight is fat.
Casseroles and left overs are often cheaper than meat sandwiches although the meatloaf sandwich is a standby. Put a SKIM cost of butter or margarine on the bread before adding anything moist to include lettuce, meats, mayo and other condiments; it keeps the bread from getting soggy and falling apart. Use some of that $25 to $150 weekly lunch budget to buy some resealable baggies, plastic food storage containers, glass or metal food storage containers, etc...For food storage containers begin with only one or two for costing reasons but also to discover what will actually work for you.
Amazing tips, Terry! I especially like what you said about the serving sizes of lunch meat. I bet we all tend to pile it on at home.
@KatieoftheHouse While I can get my from-home sandwiches into my mouth depending upon the lettuce and tomato, I am always far more satisfied with just a sandwich. - Yep, I am certainly guilty of more "stuff" in my from home sandwiches. I have to work on limiting the portions if I'm attempting something close to ready-made sandwiches. Open faced, hot sandwiches with gravy on top are worse yet; Thanksgiving left overs are acoming.