Hi Taryn. Subscriber from Denmark here🙋🏻♀️ Love your videos! I was wondering if you could do a talk through of your bank situation. Not with actual numbers of course - just in general. But I was just wondering how your banking system is set up. Do you have accounts matching your envelopes? Does it all go into 1 main account? Like how does it work and how do you keep track most importantly😅
This one gave me a headache. The prop money that looked like regular bills confused me and then you couldn’t really condense them properly. Great progress though just too confusing for my simple brain .
Thank you for the feedback. The prop bills represent money we have in that category so I guess it is good it looks like the real money. It is so you know exactly how much you have without losing out on earning interest in the HYSA.
Thank you so very much for doing this video even though it had obviously been a long hot day! Love the placeholders and I will have to buy some from you when I get that far (I absolutely love the items I already have from you)! Can I ask a quick question? How much cash would you suggest I keep on hand for emergencies? I don’t have credit cards xxx 🙏🏻🕊️🩷🌹
So for every day unexpected expenses or bills that are higher than i anticipated, I use the 1,000 i have in my checking account. I call that my cushion. I replenish if used. That is not an emergency fund but it helps you with those unexpected expenses. If you feel like you need something in physical cash, i wouldn't suggest more than 2,000....because it should be really be in a high yield savings account that you can access fairly quickly. I have Ally (sinking funds) and PNC (emergency savings), Ally I can literally transfer to the checking I have with them and PNC i can just transfer (1-2 days). I would never suggest putting emergency funds in an account, like a CD, that keeps you from accessing it should a true emergency happen.
I loved Charmed as well that was how my sister and I bonded when we was younger 💜💜💜. Great condensing!
Omg yes! Piper is my favorite!
New sub here listening from work. I love cash condensing videos ❤
Love how you're teaching your kids finances at such a young age! Love from Cali! 🥰💙
Hey, Cali!!! Yay!!! And yes, we need to have these discussions with the new and upcoming generations.
New supporter here from budgeting community to support you on your journey. Relaxing video❤
Thank you so much 🤗
Great video!
Hi Taryn. Very relaxing video. I Love seeing money 💵 add up👌🏾👌🏾👌🏾👌🏾👌🏾👌🏾
Me too!! lol Thank you
Love the vibe. I’ll be checking out your shop when I’m out of Etsy jail for overspending. I can’t even get weekend release.😅😂😊
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Hey lovely lady... Choosing to hang out with.. Always enjoy a cash condensing video 😊
They are my favorite to film and watch. Thank you for choosing me.
Love 😍 the nail polish color.
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❤❤❤
New subbie as of today
Hi Taryn.
Subscriber from Denmark here🙋🏻♀️ Love your videos!
I was wondering if you could do a talk through of your bank situation. Not with actual numbers of course - just in general.
But I was just wondering how your banking system is set up. Do you have accounts matching your envelopes? Does it all go into 1 main account? Like how does it work and how do you keep track most importantly😅
Great idea!! I will do that for sure.
🏵🏵🏵🏵
❤️💐
I don't like thin flimsy bills either!! I take them back to the bank lol
yassss!
This one gave me a headache. The prop money that looked like regular bills confused me and then you couldn’t really condense them properly. Great progress though just too confusing for my simple brain .
Thank you for the feedback. The prop bills represent money we have in that category so I guess it is good it looks like the real money. It is so you know exactly how much you have without losing out on earning interest in the HYSA.
Thank you so very much for doing this video even though it had obviously been a long hot day! Love the placeholders and I will have to buy some from you when I get that far (I absolutely love the items I already have from you)! Can I ask a quick question? How much cash would you suggest I keep on hand for emergencies? I don’t have credit cards xxx 🙏🏻🕊️🩷🌹
So for every day unexpected expenses or bills that are higher than i anticipated, I use the 1,000 i have in my checking account. I call that my cushion. I replenish if used. That is not an emergency fund but it helps you with those unexpected expenses. If you feel like you need something in physical cash, i wouldn't suggest more than 2,000....because it should be really be in a high yield savings account that you can access fairly quickly. I have Ally (sinking funds) and PNC (emergency savings), Ally I can literally transfer to the checking I have with them and PNC i can just transfer (1-2 days). I would never suggest putting emergency funds in an account, like a CD, that keeps you from accessing it should a true emergency happen.
@@Breatheandbudget thank you so very much for all your helpful advice!! You really are making a big difference!! xxx 🙏🏻🕊️🩷🌹