Great video! One of my biggest pet peeves is other people trying to tell me what I can afford and how I should use my money. Everyone has to determine their priorities and values for themselves! -Akeiva
I feel you on budgeting down to a penny. I did the same as a single mom with a notepad. Interesting eye opener about delegating all financial responsibilities to one partner. Having $0 in the past makes me want to have full control of our money. 2 years ago I took full control of money & bills because it puts me at ease. Never thought of the down side for my husband though. Great video as always 😍 -Megan
The living part is so true. And affects a lot of people who grew up in a scarcity mentality and swing from one extreme (frugality without living) to the other (excessive spending and hoarding). It can be hard to balance the two.
I love watching these videos first thing in the morning as I make my breakfast because I already feel productive! I finally subscribed to your channel after watching many of your videos on TFD 😁
Thank you 😊 I love y’all, because you both keep it real !!! I have read a lot of things about money 💰,and most of them are only trying to sell their philosophy!!! Y’all are genuinely shooting for happiness, and it will have an impact on the people that are listening 👂 to y’all!!! Keep it going for me!!!
First let me say, I love this channel and it has given me a fresh look at my financial life. I have followed DR for years but never felt like it was right for me but I kept the things that I did like such as the snowball method and making sure to always have that $1000 in savings (which gets used up often with car repairs and other random expenses that pop up) so I believe I will be putting more into savings. I used to not care about money back when I was in my late teens and early twenties and I had my daughter when I was 19 and while I lived on my own, I knew that if she needed something that the grandparents would buy it for her. A few years later, things had gotten really tight and I tried so hard to stay on top of things and then I found DR and it changed how I looked at things which led to better behaviors. My current financial struggle is finding balance. When you follow DR for so long and he is extreme so you have that extreme mindset about debt and savings, it is hard to come back down. My husband wants more "room to breathe" in the budget as he says. We have two credit cards, a recent car loan, and our mortgage from our house that we bought last year. That's all our debt not including medical bills that I makes payments towards with my HSA. I'm constantly stressed about money even though this year will be the most we have ever made but we make all our bills and put the extra towards debt. I need help with guiding me into a better balance of life. I work for the family business and its a job I hate but my family needs me and the benefits are good so I stay, I feel stressed all the time, we have home projects that have put on the back burner for quite a bit of time because we are so focused on debt and it makes me depressed, I want to take an actual weekend getaway with my husband, I want a nest egg, I want to go hard on retirement but also not miss my child growing up and she turns 10 this year. I need balance without the guilt so how do you learn to let go and learn its okay to enjoy life while in debt. What would be a good ratio to help find balance.
Always double check bills,pay stubs,receipts,bank statements.you could be double charged. I do not play the lotto,or gamble at all. For me,it just isn't worth the one dollar.
Do you have any resources for the studies you mention under point #3 - don't let someone else manage your money - about making smart financial decisions in the long run? I tried searching online and was unsuccessful. That would be interesting to read & share with my partner. Thanks!
Hi Jaye, we used our own strategies, which we teach in our UA-cam course. You can sign up for the waitlist here: onebighappylife.com/ytmswaitlist--Tasha
Hi patrick. I completely agree. This couple seems to be able to tell you how to rack up a HUGE amount of debt, justify a HUGE amount of debt and then give advice on how to get rid of debt. What???? I am 51 years old and my husband is 60. We never had debt like this. We drove used cars, bought a couple rental properties in cash, ate a lot of rice and beans, and now lead a comfortable life. There are a lot of people like us out there. But you dont see them making videos like this. I don't presume to have all the answers. For some reason unknown to me, this couple seems to think they have answers and yet, they are in a huge amount of debt. And they will say, that is because of this reason or that reason..... And now a new car for their daughter... They give advice on not feeling badly about choices-um, why not? Not all choices can be justified and you should feel ashamed of spending on frivolous things and being deeply in debt.
We said that stock picking (where you invest in individual companies because you think they are going to grow in value) and trying to time the market (where you are constantly trying to buy low sell high) are risky. It's safer to invest using broad market index funds. You still own stock, but index funds diversify your investments and lower your risk.--Tasha
Yeah I thought that part was a little unclear, to not mention index funds. I do consider my retirement funds to be in "riskier" stocks because I want them to grow and am holding on them long term (20-30 years). But not anywhere near as risky as buying individual stocks for fun which is what I think they meant.
Great video! One of my biggest pet peeves is other people trying to tell me what I can afford and how I should use my money. Everyone has to determine their priorities and values for themselves! -Akeiva
I feel you on budgeting down to a penny. I did the same as a single mom with a notepad.
Interesting eye opener about delegating all financial responsibilities to one partner. Having $0 in the past makes me want to have full control of our money. 2 years ago I took full control of money & bills because it puts me at ease. Never thought of the down side for my husband though.
Great video as always 😍 -Megan
Joseph handles the actual paying off the bills, but we are both involved in the budgeting and financial strategies.--Tasha
The living part is so true. And affects a lot of people who grew up in a scarcity mentality and swing from one extreme (frugality without living) to the other (excessive spending and hoarding). It can be hard to balance the two.
NdiNaija So true
Amen to the advice on financial advisors. We tried one who was so condescending. Nope, not tolerating that. 😆
I trust none of them. I prefer to figure it out for myself and be happy with the results.
you forgot : never lend it
@@AllTheArtsy So True
I love watching these videos first thing in the morning as I make my breakfast because I already feel productive!
I finally subscribed to your channel after watching many of your videos on TFD 😁
Thank you 😊 I love y’all, because you both keep it real !!! I have read a lot of things about money 💰,and most of them are only trying to sell their philosophy!!! Y’all are genuinely shooting for happiness, and it will have an impact on the people that are listening 👂 to y’all!!! Keep it going for me!!!
These are so great! Definitely agree with letting someone else manage it and letting others control what you are doing with it.
Love this, you cover so many important topics other people won't touch :)
Thanks!--Tasha
Looooove that top on you, Tasha!! 💕💕
I lost track of my money for two months.. and it was madness!
BTW... Love your flowery top, Tasha!! Lovely Spring Vibe.
Thank you!--Tasha
One thing not to do.flash it.count it out in the open. Have it loose in a pocket,or bag.
rochelle thundercloud so true!
I agree
Live like no one else, so later you can give and live like no one else.
I totally agree with all 5, going to have to start implementing those in my life ASAP. Great video!!
Just wanted to hear what you two had to say and your on point gave me some ideas and I've subscribed
Thank you for this video. Can you please do a video on Student Loan Garnishments. Lots of people need this help.
Money Manager app is my favorite for tracking. I track all my expenses and I love color so I use that.
First let me say, I love this channel and it has given me a fresh look at my financial life. I have followed DR for years but never felt like it was right for me but I kept the things that I did like such as the snowball method and making sure to always have that $1000 in savings (which gets used up often with car repairs and other random expenses that pop up) so I believe I will be putting more into savings. I used to not care about money back when I was in my late teens and early twenties and I had my daughter when I was 19 and while I lived on my own, I knew that if she needed something that the grandparents would buy it for her. A few years later, things had gotten really tight and I tried so hard to stay on top of things and then I found DR and it changed how I looked at things which led to better behaviors.
My current financial struggle is finding balance. When you follow DR for so long and he is extreme so you have that extreme mindset about debt and savings, it is hard to come back down. My husband wants more "room to breathe" in the budget as he says. We have two credit cards, a recent car loan, and our mortgage from our house that we bought last year. That's all our debt not including medical bills that I makes payments towards with my HSA. I'm constantly stressed about money even though this year will be the most we have ever made but we make all our bills and put the extra towards debt. I need help with guiding me into a better balance of life. I work for the family business and its a job I hate but my family needs me and the benefits are good so I stay, I feel stressed all the time, we have home projects that have put on the back burner for quite a bit of time because we are so focused on debt and it makes me depressed, I want to take an actual weekend getaway with my husband, I want a nest egg, I want to go hard on retirement but also not miss my child growing up and she turns 10 this year.
I need balance without the guilt so how do you learn to let go and learn its okay to enjoy life while in debt. What would be a good ratio to help find balance.
Thank you, thank you, THANK YOU!!!! Such great advice. Love you guys!!!
Thank you!--Tasha
You guys make me happy!!! Love you guys!!!!
I need you guys to create a personal budget app ASAP lol
Do u have a video on how to properly use credit/credit cards?
Excellent video, thanks for posting this.
So glad you liked it! Thanks for watching!--Tasha
Fantastic video! so rare to hear a balanced perspective.
Awesome advice!!!
Yes I was constantly checking for your vlog.
Thanks Shanie! We love our #notificationsquad! --Tasha
I love the notebook idea
Love this! Thanks
Glad to hear it!--Tasha
Always double check bills,pay stubs,receipts,bank statements.you could be double charged. I do not play the lotto,or gamble at all. For me,it just isn't worth the one dollar.
Do you have any resources for the studies you mention under point #3 - don't let someone else manage your money - about making smart financial decisions in the long run? I tried searching online and was unsuccessful. That would be interesting to read & share with my partner. Thanks!
Would also like to get that info.
I am new to your channel. I've been enjoying your videos. I never invested in Bitcoin (It's too risky for me).
What classes or materials did you use to grow your UA-cam and Instagram accounts?
Hi Jaye, we used our own strategies, which we teach in our UA-cam course. You can sign up for the waitlist here: onebighappylife.com/ytmswaitlist--Tasha
@@OneBigHappyLife the link doesn't work for me
❤️ to you two
6. MLM. Bro, it's a pyramid scheme
7. Gambling. Mostly because I hate states legalizing casinos to "fund" schools
🔥🔥🔥
All the tattoo questions! :)
How to start budgeting if you have never done it before? I try your methods but I do not know how much to put for what?
We have a whole bunch of videos on budgeting that will get you started!--Tasha
@@OneBigHappyLife Will check them out!
UndefinePerfection Have you tried YNAB? Google it!
Great tips! Can't wait to hear about the new car!
❤️❤️❤️
Hey guys...!
💚💚💚
3:48 I view all debt as bad debt
We all have views but that doesn't mean that they are right or that they are truly serving us.--Tasha
Hi patrick. I completely agree. This couple seems to be able to tell you how to rack up a HUGE amount of debt, justify a HUGE amount of debt and then give advice on how to get rid of debt. What???? I am 51 years old and my husband is 60. We never had debt like this. We drove used cars, bought a couple rental properties in cash, ate a lot of rice and beans, and now lead a comfortable life. There are a lot of people like us out there. But you dont see them making videos like this. I don't presume to have all the answers. For some reason unknown to me, this couple seems to think they have answers and yet, they are in a huge amount of debt. And they will say, that is because of this reason or that reason..... And now a new car for their daughter... They give advice on not feeling badly about choices-um, why not? Not all choices can be justified and you should feel ashamed of spending on frivolous things and being deeply in debt.
Love you guys. Your vids really help my fiancé and I out. ❤ #TeamSwirl
I love to hear that! Thanks for watching!--Tasha
#coupleGoals
This has helped me so much omg I love ur videos give me a shout out at Eli
Stocks are Ricky????? Thats what poor people say!!!
If you can't afford to lose the money you put into stocks, then don't put them in. It's risky if you can't afford it
We said that stock picking (where you invest in individual companies because you think they are going to grow in value) and trying to time the market (where you are constantly trying to buy low sell high) are risky. It's safer to invest using broad market index funds. You still own stock, but index funds diversify your investments and lower your risk.--Tasha
Yeah I thought that part was a little unclear, to not mention index funds. I do consider my retirement funds to be in "riskier" stocks because I want them to grow and am holding on them long term (20-30 years). But not anywhere near as risky as buying individual stocks for fun which is what I think they meant.