ESCORT?!?! 🤣😂🤣😂🤣 Way to end the year strong! As you know, market dips mean nothing in the short term, so you're still in great shape. And congrats on $50K business income. That is no small feat. Also, I know it's random, but I saw in another one of your videos that you said you have Crohn's Disease. Twinsies!! So I totally understand how/why getting your health insurance worked out is super important. And if there's ever a reason to go over on your food budget, it's DEF Chipotle. Happy New Year! 🎉
😅 thank you so much!! I'm sorry to hear you have it too 😩 It's not fun to deal with. The health insurance/medication side of it is SO annoying lol Happy New Year!!
Great video, Leila!!! You had a really great year!! You went from being an employee to being your own boss and you did it beautifully!! 🎉🎉 My December was ok. I used savings for the holidays. It wasn’t the bigger number of saving I wanted, but we had a nice holiday and we did most of the things that I wanted to do. It is motivation to start my Christmas sinking fund in January. I also closed some credit cards as part of my debt payoff. So I feel excited to continue that trend in 2025!! Cheers to you, myself and this community for 2025!!!
Thank you soo much Denise!! I appreciate your continued support so much. I'm glad to hear you had a great holiday and that you're planning to start a gifts sinking fund!! Happy New Year 💓💓
If I were you I wouldn’t cancel the CSP credit, just call Chase to downgrade it to the chase freedom which the old one not the freedom flex, also you should only apply for the Chase business credit cards first then Amex then Citi then Bank Of America then Wells Fargo which all great options and not reporting to your credit bureaus. Hope that helps by somehow!
Hi Leila. Thanks for the great video. You are doing great. Keep going and keep your chin up. You'll get where you want. Also, you are the only person I have ever heard call it an "S-Corp" before you made this change. Normally I hear "S Corporation". Perhaps it's worth sounding it out so that people will hear it clearer? I don't know. I knew what you meant all along. lol We just adopted a 10 month old pit/lab mix named Brandy. She is a sweet baby. All 70 lbs of her! 🙂 Have a great weekend!
Actually, yes, I heard the "S-Corp" thing as well. I was wondering if someone else was going to point that out. I think we all know what you meant, though.
I’m not sure if you already have content discussing the different stocks/funds/bonds etc that you invest in, but if you could do a video discussing that, that would be awesome. Just curious, as we are planning to invest this year and trying to figure out the best way to go about it.
Good question! My car maintenance fund is also for future car savings. I would like to have $20K+ in there over the next 10 years or so. I'm going to make my car last as long as possible (2015 Toyota Camry). When the time comes, I would love to just buy in full!
Why was your Q1 business gross income so high? They completely skewed your average; is it seasonal? Are you expecting the same trend this Q1? Looks like your net worth decrease is driven by checking and business, but are those invested in the market to cause the underperformance?
Oh I definitely count my full 401(k) in my net worth, I just only count my employee contributions as contributions since that is what actually counts toward the max!
Taxes are an income statement (expense) item, not a balance sheet (liability) item. So yes, your total vested 401k amount counts as an asset on your balance sheet.
It's a workout app! I follow Kelly Matthews program and I've seen major improvements in the gym since joining! I just switched to the annual plan this month
ESCORT?!?! 🤣😂🤣😂🤣 Way to end the year strong! As you know, market dips mean nothing in the short term, so you're still in great shape. And congrats on $50K business income. That is no small feat. Also, I know it's random, but I saw in another one of your videos that you said you have Crohn's Disease. Twinsies!! So I totally understand how/why getting your health insurance worked out is super important. And if there's ever a reason to go over on your food budget, it's DEF Chipotle. Happy New Year! 🎉
😅 thank you so much!!
I'm sorry to hear you have it too 😩 It's not fun to deal with. The health insurance/medication side of it is SO annoying lol
Happy New Year!!
Great video, Leila!!! You had a really great year!! You went from being an employee to being your own boss and you did it beautifully!! 🎉🎉 My December was ok. I used savings for the holidays. It wasn’t the bigger number of saving I wanted, but we had a nice holiday and we did most of the things that I wanted to do. It is motivation to start my Christmas sinking fund in January. I also closed some credit cards as part of my debt payoff. So I feel excited to continue that trend in 2025!! Cheers to you, myself and this community for 2025!!!
Thank you soo much Denise!! I appreciate your continued support so much.
I'm glad to hear you had a great holiday and that you're planning to start a gifts sinking fund!!
Happy New Year 💓💓
December is always tough to increase your NW due to the expenses column lol. Nice work for the year though!
If I were you I wouldn’t cancel the CSP credit, just call Chase to downgrade it to the chase freedom which the old one not the freedom flex, also you should only apply for the Chase business credit cards first then Amex then Citi then Bank Of America then Wells Fargo which all great options and not reporting to your credit bureaus. Hope that helps by somehow!
Hi Leila. Thanks for the great video. You are doing great. Keep going and keep your chin up. You'll get where you want. Also, you are the only person I have ever heard call it an "S-Corp" before you made this change. Normally I hear "S Corporation". Perhaps it's worth sounding it out so that people will hear it clearer? I don't know. I knew what you meant all along. lol
We just adopted a 10 month old pit/lab mix named Brandy. She is a sweet baby. All 70 lbs of her! 🙂
Have a great weekend!
Thank you so much!! And yeah I should just say the whole word!! I'll start doing that 😅
And HUGE thank you for adopting!!! ❤️❤️❤️
Wow great job. That's so quick to reach 100k.
Thank you so much!
Actually, yes, I heard the "S-Corp" thing as well. I was wondering if someone else was going to point that out. I think we all know what you meant, though.
I guess I need to start saying S corporation lol
I also do that of not shopping until the first of the next month so on my budget it shows that I'm still under budget 🤣
😆 gotta do what you gotta do!
Awesome job 🎉
Thank you so much!!
13:55, you spend 108.59$ more than you budget, not 60.03$, check your formulas in the excel file
Nice catch!
👍 those last 2 line items weren't being pulled in
I’m not sure if you already have content discussing the different stocks/funds/bonds etc that you invest in, but if you could do a video discussing that, that would be awesome. Just curious, as we are planning to invest this year and trying to figure out the best way to go about it.
I can do that! I will say right now that I'm mostly invest in VTSAX (Total Stock Market). The my 401k is 50% VFIAX and 50% VIGAX!
i am an s corp not an escort 🤣🤣🤣🤣
Every time 😂
At what point do you think you'll start saving for a new car? Will you pay in full upfront, or do you think you'll finance with a hefty down-payment?
Good question! My car maintenance fund is also for future car savings. I would like to have $20K+ in there over the next 10 years or so.
I'm going to make my car last as long as possible (2015 Toyota Camry). When the time comes, I would love to just buy in full!
Why was your Q1 business gross income so high? They completely skewed your average; is it seasonal? Are you expecting the same trend this Q1? Looks like your net worth decrease is driven by checking and business, but are those invested in the market to cause the underperformance?
Yup Q1 always does better due to ad revenue and more affiliate sales.
My Checking is not invested
About to renew my Spotify with your trick lol
Yay!!
Great job but you could of saved 40.00 going to the library for your books. Xo
Thanks! I like and prefer to buy books 🙂
It's incredible how your 401K is now higher than your Roth after less than 2 years since you started it.
Right?! It's pretty crazy!!
Can you count your entire 401(k) toward your net worth since it will be taxed at some point and the overall value is before taxes
Oh I definitely count my full 401(k) in my net worth, I just only count my employee contributions as contributions since that is what actually counts toward the max!
Taxes are an income statement (expense) item, not a balance sheet (liability) item. So yes, your total vested 401k amount counts as an asset on your balance sheet.
Definitely count the entire amount.
What does the ladders app offer?
It's a workout app! I follow Kelly Matthews program and I've seen major improvements in the gym since joining! I just switched to the annual plan this month
OMG you're not keeping Honey?
No she's always been our foster dog!
Great video, you’re so open about your finances!
Wrong thumbnail?( fixed )
It's fixed 😊
Escort……?!?!?. I’m actually mind blown by that. Out of all the misinterpretations 🤷♂️🤷♂️🤷♂️
🤣🤣
😊❤😊
Your thumbnail is showing November 😅😅
It's fixed 😊
All of our net worths decreased this past month, joy lol
I'm so confused 🤣 Thumbnail says November, Title says December, it's January 😂
It's fixed 😊