I so hear you on the impatience of wanting to knock out those debts ASAP! I'm in the same position and I am SO CLOSE to getting rid of my last credit card debt that it's a struggle to keep on track and not jump the gun for the instant gratification. We'll get there in due time, though - I have faith!
Yess on the struggle with debts. I decided to buy furniture at Rooms To Go and I was encouraged by others to finance it because it would be “low to pay monthy” now I’m up here regretting these payments because they do add up. It’s no interest as well but still it’s the fact that I’m paying it monthly. Once I make more income I’m going to pay off this debt so fast! Great video!
Oooohhh yes, Rooms to Go, been there. I hated those monthly payments too. It’s tiring even without interest. We got this! One day we’ll both be debt free🙌🏾
Hey Girl! I feel you with the "im tired of carrying debt"! I feel the same way about a car note; after two years of paying EVERY SINGLE MONTH! im tired . So I have a plan to pay off my car note two years early. 😤
I have a main checking with a savings attached so even logging in to see that savings is tempting. I ended up opening another account with a different bank with 7 different savings account high yield interest. Every payday each week I budget, pay rent & bills for the week & transfer the other amounts to those accounts. 3 are for savings - emergency, rainy day & taxes. 4 are sinking fund accounts for annual expenses etc. I track everything on a budget spreadsheet & have a separate spreadsheet to track the savings & SF as each sinking fund account will have multiple expenses (otherwise I would have had way to many accounts). This works well for me & I feel very organised this way! I only leave my weekly grocery & petrol money in my checking to spend each week. I spent the whole of last year smashing debt & am now on my saving phase - it feels so good!
Yah we got was less because hubby made way more this year but I did put most of it to debt because I’m so so tried of interest.❤great to see you as always. But wondering why wait if you will have it. Even though it interest free.😊
Hi Gina! ❤️🤗 That’s great that your husband made way more. Yay!! I’m just using the next few months to collect higher interest on my savings. That’ll be $500 of interest if I wait until June to pay off my credit card. 😃
I would throw the funds towards the debt as I go. Don't sit on the funds. Pay the $3'000 right away then pay as much as possible each month. Lowers your debt to income.
Hey Kim….I have this issue too…I have noticed that if the money is in the bank and all my responsibilities are taken care of, I tend to spend more easily…. I guess that is why cash stuffing is working so well for me… I’m not gonna carry all that cash around and I don’t know the balance unless I count it… I’m not suggesting you go to cash. I’m just thinking of what makes my brain think it’s OK or makes me feel like it’s OK to spend it. I guess that is why I love the budget so much it gives the money a job and removes the guilt when I spend the extra. I am a chai tea girl too. I literally put $200 on my Starbucks account…. Last year that only last until May because I was taking my kiddos with me…. I want to see if I can stretch that out till about September this year. you’re doing a great job Kim June is around the corner and you will have some relief!!! I hope you have a great day friend!!!
Hey Melissa! That makes total sense. Cash budgeting does have a lot of perks. It would be easier for me to keep my spending down if all my money was stuffed away in my house. We’ll see if moving the money out of my checking right away puts an end to the frivolous spending. I should just put $200 on my Starbucks card. I keep reloading it $10 each visit. My day was pretty good actually. Hope you have a fabulous evening 😘
I used to “budget” like that! 😂 I still like to know at a glance but keep my variable spending money and my bills money in separate accounts to help with tracking.
Yes me to im paying of most of credit card debt with my refund this year, I started a high yield savings account thanks to your channel and I will putt more money to pay off my car note the only debt I want to deal with is my mortgage
Hi Kim! I think its a good idea to move your rollover to another account so that you dont think its money you can spend willy nilly! Youve saved it for a purpose! It will def help you stay on the budget you created for yourself!
Kim! 😘 I used to “budget” that way, too. I’m much better about it now that I have my sinking funds. It took some time, but I can now have that $4K balance in my checking all month not touch it until I make my transfers at the end of the month. Glad to see you’re back 💜
Hey lovely lady. So good to see you. I Totally hear you on being tired of this vicious cycle... Roll on June so we can celebrate you being debt free!! 🎉 Amazing progress so far
I have the same issue! I used to see a chunk of money and spend it. I'm still struggling with reverting to old habits and working on rooting them out. I started doing a zero-based budget in November and it has been a complete game-changer for my mindset. I still struggle. I did some "free-spending" last week but it's not near as bad as it used to be.
Sounds like you and I are similar. I’m glad the zero based budgeting is working well for you. Budgeting really is a game changer. I still fall back on old habits too but, like you, nothing near the damage I did prebudgeting days. 😆
Hello Kim, great job on getting things together. So nice that you are honest about everything. I have had the same reaction about credit cards. They are just to easy to rack up. They aren't worth it, we are getting rid of every single one. If we don't have the cash, we don't need it.
You’re getting rid of all your credit cards? That’s huge. Credit cards can be the biggest trap so I understand your decision. I’m with you, if I don’t have the funds, I just wait until I do. I’m so over the debt game
I love seeing your new videos pop up and I'm so excited about you debt payoff! Are you planning to do your "part 2" of the identity theft story? That was the first video I watched of yours, and I thought there was more to the story?
I really like your idea of taking excess funds and putting it into saving, I also try to keep close to the bare minimum in my checking account. Did you opt out of including your homeowner's insurance with your escrowed mortgage? Do you think you would be able to recoup the cost of the home improvement projects with the sale of the home, and would you be comfortable going into short term debt in that case?
Thank you!! I pulled my homeowners insurance out of escrow last year. Yes, I do think I’ll recoup the cost of the home improvements at closing. I think I can keep the cost within $20K. I’m going to save as much as I can. However I was thinking of using a 0% interest balance transfer check from one of my creditors for half the cost. Then just pay it off when I sell.
Yes we only want to deal with interest if it’s getting paid to us! Yes to treating yourself responsibly, too! It’s important to have treats as long as we don’t get carried away with them 👀
I know I keep repeating myself but I love your videos, because you so honest and open about everything. 😊 Also, we are very similar with our behaviour and ideas. I totally get you. Makes so much sense. Yes at times we have to balance our goals and be frugal and also treating ourselves even if just with a Starbucks 😊 💗💙💗
Im new im on ss i was debt free in 2021 cost of living got me in a 15 550 debt yep i know what I need to do i just have be disappeared im closing out 4 creditors there lower ing my interest hopefully i can get jump start
Oh wow, yes I hear you. The cost of living is insane! I hate that it caused you to go in debt but I know can climb out if you stay focused on it. Now that the interest rates are falling it’s a good time to request lower interest rates from your creditors. I’ve done that a few times. I wish you all the best in your debt payoff journey ❤️
I am happy that videos are more often now! I really wish you that yt will be soon your source of income!
Thank you my friend!! ❤️❤️❤️ You are so supportive. I really appreciate you!!
I so hear you on the impatience of wanting to knock out those debts ASAP! I'm in the same position and I am SO CLOSE to getting rid of my last credit card debt that it's a struggle to keep on track and not jump the gun for the instant gratification. We'll get there in due time, though - I have faith!
Yessss!!! We will definitely get there! 🙌🏾 And we’re almost done!! 🎉👏🏾
Yess on the struggle with debts. I decided to buy furniture at Rooms To Go and I was encouraged by others to finance it because it would be “low to pay monthy” now I’m up here regretting these payments because they do add up. It’s no interest as well but still it’s the fact that I’m paying it monthly. Once I make more income I’m going to pay off this debt so fast! Great video!
Oooohhh yes, Rooms to Go, been there. I hated those monthly payments too. It’s tiring even without interest. We got this! One day we’ll both be debt free🙌🏾
I’ve been there! When I was paying off debt it felt like it was never ending but once you are done it feels so good!
Oh my gosh yes!! I can’t wait! It really does feel like forever but I’m sure looking back I’ll be proud of my journey. 😅
@@debt2none you will and it will feel like it went by quickly
Hey Girl! I feel you with the "im tired of carrying debt"! I feel the same way about a car note; after two years of paying EVERY SINGLE MONTH! im tired . So I have a plan to pay off my car note two years early. 😤
Nice!! Paying off the car loan 2 years early. I love it! 🙌🏾
I have a main checking with a savings attached so even logging in to see that savings is tempting. I ended up opening another account with a different bank with 7 different savings account high yield interest. Every payday each week I budget, pay rent & bills for the week & transfer the other amounts to those accounts.
3 are for savings - emergency, rainy day & taxes. 4 are sinking fund accounts for annual expenses etc. I track everything on a budget spreadsheet & have a separate spreadsheet to track the savings & SF as each sinking fund account will have multiple expenses (otherwise I would have had way to many accounts). This works well for me & I feel very organised this way! I only leave my weekly grocery & petrol money in my checking to spend each week. I spent the whole of last year smashing debt & am now on my saving phase - it feels so good!
Wow! It’s sounds really organized. You’ve definitely put in the work! Great job!! 🎉🙌🏾
Yah we got was less because hubby made way more this year but I did put most of it to debt because I’m so so tried of interest.❤great to see you as always. But wondering why wait if you will have it. Even though it interest free.😊
Hi Gina! ❤️🤗 That’s great that your husband made way more. Yay!!
I’m just using the next few months to collect higher interest on my savings. That’ll be $500 of interest if I wait until June to pay off my credit card. 😃
I would throw the funds towards the debt as I go. Don't sit on the funds. Pay the $3'000 right away then pay as much as possible each month. Lowers your debt to income.
Oh okay. That’s an idea. 👍🏾 I just want to collect higher interest on my savings for a few months until I have the full amount.
Hey Kim….I have this issue too…I have noticed that if the money is in the bank and all my responsibilities are taken care of, I tend to spend more easily…. I guess that is why cash stuffing is working so well for me… I’m not gonna carry all that cash around and I don’t know the balance unless I count it… I’m not suggesting you go to cash. I’m just thinking of what makes my brain think it’s OK or makes me feel like it’s OK to spend it. I guess that is why I love the budget so much it gives the money a job and removes the guilt when I spend the extra. I am a chai tea girl too. I literally put $200 on my Starbucks account…. Last year that only last until May because I was taking my kiddos with me…. I want to see if I can stretch that out till about September this year. you’re doing a great job Kim June is around the corner and you will have some relief!!! I hope you have a great day friend!!!
Hey Melissa! That makes total sense. Cash budgeting does have a lot of perks. It would be easier for me to keep my spending down if all my money was stuffed away in my house. We’ll see if moving the money out of my checking right away puts an end to the frivolous spending. I should just put $200 on my Starbucks card. I keep reloading it $10 each visit.
My day was pretty good actually. Hope you have a fabulous evening 😘
I used to “budget” like that! 😂 I still like to know at a glance but keep my variable spending money and my bills money in separate accounts to help with tracking.
Ooo, I should split my funds like that. Great idea to put the bill money in a separate account.
Yes! I agree 100%. I do it a little differently but good idea.
Thank you! ❤️🤗❤️
Yes me to im paying of most of credit card debt with my refund this year, I started a high yield savings account thanks to your channel and I will putt more money to pay off my car note the only debt I want to deal with is my mortgage
That’s fantastic! Sounds like we’re both getting it done this year 🙌🏾 And I’m so happy to hear that you have a high yield savings account now. 🤗
I love watching your channel you help keep me on track with my budget❤🎉
I really appreciate that!! Thank you so much❤️🤗
Hi Kim! I think its a good idea to move your rollover to another account so that you dont think its money you can spend willy nilly! Youve saved it for a purpose! It will def help you stay on the budget you created for yourself!
Thank you Stephanie! ❤️ You’re right about that, I did save it for a reason so no sense in blowing it now. 😅
Kim! 😘 I used to “budget” that way, too. I’m much better about it now that I have my sinking funds. It took some time, but I can now have that $4K balance in my checking all month not touch it until I make my transfers at the end of the month. Glad to see you’re back 💜
That’s so good Jerri!!! You’re doing great! It does take some time to get there. Some months are easy and other months I have the itch to spend.
Hey lovely lady. So good to see you. I Totally hear you on being tired of this vicious cycle... Roll on June so we can celebrate you being debt free!! 🎉
Amazing progress so far
Thank you so much Gillian!! ❤️ Yes, I can’t wait to celebrate 🙌🏾 June will be here in a second.
I have the same issue! I used to see a chunk of money and spend it. I'm still struggling with reverting to old habits and working on rooting them out. I started doing a zero-based budget in November and it has been a complete game-changer for my mindset. I still struggle. I did some "free-spending" last week but it's not near as bad as it used to be.
Sounds like you and I are similar. I’m glad the zero based budgeting is working well for you. Budgeting really is a game changer. I still fall back on old habits too but, like you, nothing near the damage I did prebudgeting days. 😆
I just love you and love the channel and community that you’ve created!
Thank youuuuuu!!! ❤️❤️❤️ That means a lot to me!!
Hello Kim, great job on getting things together. So nice that you are honest about everything. I have had the same reaction about credit cards. They are just to easy to rack up. They aren't worth it, we are getting rid of every single one. If we don't have the cash, we don't need it.
You’re getting rid of all your credit cards? That’s huge. Credit cards can be the biggest trap so I understand your decision. I’m with you, if I don’t have the funds, I just wait until I do. I’m so over the debt game
hey girl. your video came up in my feed just as i was thinking i really need to take a good look at my cc debt. I think my interest is around 24.5%
Heeey lovely! Oh man…maybe you can do a balance transfer to get a lower rate 🙏🏾The interest charged on credit cards these days makes me nauseous 😭
I love seeing your new videos pop up and I'm so excited about you debt payoff! Are you planning to do your "part 2" of the identity theft story? That was the first video I watched of yours, and I thought there was more to the story?
Oh my goodness! ❤️ Thank you so much! Yep, there is way more to the story. I am trying to get part 2 together now.
You are so pretty 🥰 Great video!! I'd definitely consider myself low-income, so this is really informative for me personally!
Awww! Thank you so much! You’re so kind❤️ And thank you for watching & taking the time to comment 🤗
I really like your idea of taking excess funds and putting it into saving, I also try to keep close to the bare minimum in my checking account. Did you opt out of including your homeowner's insurance with your escrowed mortgage? Do you think you would be able to recoup the cost of the home improvement projects with the sale of the home, and would you be comfortable going into short term debt in that case?
Thank you!! I pulled my homeowners insurance out of escrow last year. Yes, I do think I’ll recoup the cost of the home improvements at closing. I think I can keep the cost within $20K. I’m going to save as much as I can. However I was thinking of using a 0% interest balance transfer check from one of my creditors for half the cost. Then just pay it off when I sell.
Yes we only want to deal with interest if it’s getting paid to us!
Yes to treating yourself responsibly, too! It’s important to have treats as long as we don’t get carried away with them 👀
Treating yourself responsibly - that’s a good way to put it. I like that. I’m with you, it is important to have treats from time to time 🙌🏾
Hey Kim! I always enjoy your videos and how you talk thru decisions. June is on the horizon!! 🎉🎉💜💜
Hi Imani! ❤️ Thank you sweet lady!! 🙌🏾
heyyy Kimmmm ❤❤❤❤ watching while grocery shopping❤❤❤ the piggies and the sound.. I would want to always feed them lol...sounds like a good plan
lol! Yep, I always want to feed the little piggies. I hate when they lose their clothes 😂 Thank you Desiree!! ❤️
@@debt2none lol clothes
❤❤❤❤ the way you broke everything down
Hey Bunni!! 👋🏽🐰 Thank you ❤️
Love the video, keep up the good work
Thank you Kisha❤️🤗❤️
I know I keep repeating myself but I love your videos, because you so honest and open about everything. 😊
Also, we are very similar with our behaviour and ideas. I totally get you. Makes so much sense.
Yes at times we have to balance our goals and be frugal and also treating ourselves even if just with a Starbucks 😊
💗💙💗
It sounds like we do have a lot in common. That makes me smile. 😄 Thank you Cris! Thank you for always being here 💗💗💗
Im new im on ss i was debt free in 2021 cost of living got me in a 15 550 debt yep i know what I need to do i just have be disappeared im closing out 4 creditors there lower ing my interest hopefully i can get jump start
Oh wow, yes I hear you. The cost of living is insane! I hate that it caused you to go in debt but I know can climb out if you stay focused on it. Now that the interest rates are falling it’s a good time to request lower interest rates from your creditors. I’ve done that a few times. I wish you all the best in your debt payoff journey ❤️
You did my pictures
I did?
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'Promo sm' 🙌
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