2 of my favorite people you and Dave Ramsey. I love his passion for helping people have that financial freedom. Thanks to him I was able to have my emergency fund, pay off my credit cards and now my car loan and school loan is the next thing I have to tackle. The envelope system is hard at first but it helps me be more disciplined and once one gets used to it it’s so rewarding to see one is finally having control of our own money and our life more importantly. People do think we are weird but just like Ramsey says “we need to be weird to be able to live like no one else so later on we can live like no one else”. Thank you again for this video!
Thank you for sharing, Tracy! I watched your budgeting videos more than once & I also read Total Money Makeover. As a single professional woman, without children, I’m blessed to be doing very well financially but your videos inspired me to organize my finances in a more realistic & conscientious way.
Inspiring and raw ! Thank you for always being true to who you are ! I’ve been through the program and you don’t realize how free you are until you go through it ! We wake up each day living in the moment and knowing that moment will last without being tied down with debt that after going through this program you realize it suffocated your life ...
Another great video Tracy. I could totally relate to the difficulty of pulling the children out of private school. My husband and I pulled ours out for their last two years of high school; not to become more fiscally responsible (although it DEFINITELY helped with our budget), but to allow them that "exposure" while we could still influence and guide them while they were still under our roof. I agree too that both spouses really need to be on the same page, or becoming financially free will be a much more arduous task! Thanks again for being so transparent and willing to share your personal experiences with us.
Thank you Tracy! My husband and I did this back in the 90’s when we where married. However I am divorced and have a 23 year old daughter on her own. I am not doing good. I have a medical condition now for 8 years and in disability. I am struggling so bad. I decided this week to do a overhaul of everything. I just found your channel and I am thrilled. I feel so guilty because I was so good with money and now just horrible. I am not a shopper type person and I am very thrifty. However, at times I want to buy something at Target etc. I feel guilty buying anything for myself. I am going to get my life back and buckle down and do what is right for my household. Thank you.
You are so right about that financial compatibility factor! I grew up in a home where my parents were polar opposites when it came to their views on money, and it affected every other area of their marriage. I’d say it’s one of the most important areas to be clear on when it comes to having a happy marriage. Another great video!
When my husband and I got married, he taught me the beauty of living below our means. This was drastically different from how I’d lived when I was single. It took a while to adjust, but I’m SO glad that I did. Not only are you not a slave to bills, you also become free from the care of keeping up with everyone else. PS: I cannot wait for tomorrow morning’s video!
I literally laughed out loud when you said your kids were caught alive in the minivan LOL Your story reminded me of what Dave Ramsey says, " Live like no one else, so one day, you can live and give like no one else". You go girl! I'm still working the baby steps but had the plastectomy several years ago and just paid off yet another one working a ton of overtime and 2 extra jobs...can't wait to get to Nashville to do my debt free scream woohoo!! I loved hearing your story, thank you :-)
Loe this, Mary!! Thank you for sharing!! You obviously have the 'METHOD' down. When you get out to Nashville, stop in Franklin and say "Hi!" to Dave, himself!! Also, shared your message on Snap!!
Oh, you know it!! I want to do my debt free scream on his show...which will be very interesting since I have major stage fright haha WOW!! I'm not on Snap, but I was thinking I had to get on there and this convinced me, thank you!! :D
You are so right, Tracy. It's about what takes place in the home. This is where the children will learn and get their security and love. I think my husband and I have to rethink a few things. It's hard. I've avoided it. So I looked up this video to watch again (regarding money).
I did the same when I migrate to a new country. I just realised this method. And you will learn to live little money too. Thanks Tracy. A very good video. 💗💗💗💗
I liked Dave Ramsey's book. I learned a lot from it and am sad I'm the only person in my household willing to do it. Everyone else looks at me like I"m cuckoo. But that doesn't mean I can't use it for my own budgeting purposes. Great vid!
Hi Tracy. A video so much needed. Unfortunately, I am 52, and ashamed to admit that I have a good income and no savings. And as I work in the private sector in a European country, there is a risk of loosing your job at any time. It’s a pity that I still struggle with my so unwise desires to buy....clothes and makeup! Such a wasted life. So your advice is always so welcome, even if a little late for me. ❤️
Dimitra P. , it is never too late. Believe me. You just need to take the first step. The Universe, God whatever you believe in will help you. I am a witness to that. A single parent got myself into so much debt. I taught I would never make it. I did it one day at the time. My favorite book besides the one Tracy mentioned is " How to get out of debt, stay out of debt and live prosperously by Jerold Mundis". You can do it. Give yourself some love, and forgiveness, and grace. Yesterday is history, tomorrow is a mistery, today is what matters. So just for today I will not go into more debt. I will be praying for you, and cheering you on.
Great video Tracy! I purchased the Total Money Makeover for my daughter and son in law as a wedding gift - I think they thought I was crazy. However, they've just purchased their first home and would not have been able to do it without "the plan"
Love, love, love this video! My husband and I did a Dave Ramsey course a few years back and really enjoyed it and applied some of the ideas. I agree with your view of your responsibility in teaching and parenting in your home, not leaving it to others. Thankful that I found your channel when I did, you've helped me with so much. BTW, absolutely darling outfit on you! XO
Thank you for sharing your story Tracy! My husband and I have been through some very hard times financially, and own each of the mistakes we have made. We are both in the 2nd half of our lives, and have a long way to go towards financial freedom, but it is something we work on every day. Sinking Funds and Cash Envelopes are an enormous help to our path to that freedom. We are “snowballing” all of our sons medical bills. Right now I am grateful that we both make very good incomes and can afford to live a stable life. I am also grateful for all the hard lessons learned from each of our financial disasters. As you have said before, you can’t walk around wounded and feeling sorry for yourself.. You have to rise above it, learn from it, and try to do better!
Thanks for sharing, Leigh! The fact that you are working on it everyday, says a lot towards meeting goals. I am sure the medical bills have been a huge hit. A nightmare that no one ever could plan for. Continue doing what you are doing ... RISING ABOVE!!!
Tracy, I am so glad I found your channel! I am throughly enjoying your videos and all the wonderful topics! I have been wanting to do the Dave Ramsey method but have been scared to begin. And one of the main reasons why is the fact that our three children (ages 9-14) all go to parochial schools! When you revealed that yours did too, wow, did you really hit home with me! And to top it off, both my husband and I are products of Catholic schools, too, K-12!! So that’s all we know! This year is the first year we really feel the pain of the tuition b/c we finally have a freshman, and boy is HS EXPENSIVE! Did you ever make a video speaking in depth about removing your children from parochial school? I really don’t think we want to do that, but we are suffering financially! Thank you so much!❤️
Thank you for your wonderful comment and for sharing. I have never done a specific video on the transition of parochial to public. I believe if I share my true thoughts too many people would take offense to it. I have no desire to conjur all the negativity. I still believe that for our girls, parochial school was by far the better choice, but because my husband and I did such a great job parenting, we made up for some of the differences. On the other hand, I never regretted our choice because once the girls were in travel sports we would have never been able to do it + it allowed me to stay home and raise our girls. Good luck to you in whatever you choose to do in the long term.
Tracy Hensel Thank you for your prompt response! I completely understand and it can be a heart wrenching and personal decision process. You’re right, it wouldn’t be wise to explain it here. So glad you have a wonderful partner for a husband and that can make all the difference. God bless you and I look forward to enjoying more of your videos! Thank you!
I went through Financial Peace University several years ago. It's amazing how much peace of mind I had when I got that first $1,000 emergency fund set up. All of a sudden I didn't have to panic if my car started making a weird noise or I had a flat tire.
It Is very challenging to Juggle the "I Wants" re: Home-Improvement.... breast cancer knocked me on my rear, but put Everything into perspective; I stopped my ugly habits Cold Turkey and it's been uplifting Without that Guilt....
Bless u. Me as well... CANCER has really put me on hold as well...but ive always tried to live on a budget (my lovely ex husband forged my signature for almost 100 thousand.....which i had to pay off....) should have pressed charges but i did not...=(
I can’t imagine how difficult it must’ve been to move those little beauties out of private school. I wish I had read the book(or found you) in 2005. I would be living a different life today if I had. Thanks for another great video!
Hi Dawna! Thank you for the nice message! It was very, very difficult. We certainly swayed back and forth. Many prayers were prayed. The Lord always had a way of reminding us that WE, as parents were doing our job. Trust in him, and it will all work out. It did!
You knocked it out of the park it is so true so so true everything you say I am so glad to see you speak to the Young and the Old it is never too late.
Can you do a video in communicating with your partner in a healthy and open way?... One quick example for me is in finance. Sometimes my partner wants to buy a product and ill let him because I'm afraid if he doesn't get it, he'll feel bad and italso makes me feel bad; while knowing that it will hurt us financially. Vice versa
Tracy I love your videos and advice! You are a great teacher. My parents never never were ever opened up to teach or talk about any of life's lessons like this. Communication is key in marriage. I have a very head strong husband that does things his Way. He is super conservative from a below poverty childhood and it has molded him into a money hoarder and investor. Lol So, it kinda puts me in a hole with my ideas. I admire your marriage and family !! You are lucky..🌸
Hi Renee! Thank you for sharing. I am certain that the 'poverty' aspect has played the biggest underlying affect on your husbands view on money. Even if subconsciously! Blessings!!
Tracy thank you for this Q&A I was considering putting my daughter in parochial school and I realized in this video that I don't have the means to do it especially when you consider college and weddings ect.. Thanks again.
What an incredibly inspiring video. And, it couldn't come at a better time. I will share more on our next phone call. I also have the Dave Ramsey book, and I just need to read it, lol. I did take a Dave Ramsey course at my company when I first started a few years ago. Thank you so much for all your sharing.
Thank you so much for all of the things that you share my husband and I watched your video together . My husband and I are also on the same page financially and you're right it makes a huge difference thank you so so much also I began following you on Snapchat and you're just the best big smiles
Hi Kathren! Thank you! How nice that your husband and you watched together. I got a fuzzy feeling reading those words. Bless him for taking the time to watch with you. I appreciate your sharing!
Loved this, thank you for sharing your story. Just curious how much debt did you have? I listen to Dave Ramsey every day and I love hearing the debt free screams.
Thank you, Jennifer. I too, love listening to Dave Ramsey's show. As for how much debt, I don't fully remember the exact number. But it was several thousand, I believe. If I were taking a wild guess, with credit card debt and those 3 years same as cash schemes ... which were baloney ... maybe 10-13K.
Awesome video Trace, love the more personal storyline, very inspiring. Maybe I missed it and if so I apologize but, did Money have a personal vehicle or work-given vehicle? Or did you two share the minivan? Just curious as my situation is very similar currently to your story at its beginning. Thanks again for the incredible content. ❤️
I have everything written out and ready to go however just to make our primary and secondary bills run smoothly we need about $1150 more then what we are making a fortnight? What would you do in this case as I have tried to cut down on everything I possibly can. I’m also probably over thinking it but we get paid this coming Friday and we have things like a rego and phone bill needing to be paid so I just don’t know where to start in order to make things start working but I am so excited! I sat at my lap top all of yesterday watching your 3 videos over and over again. I wish you lived in Perth so you could help me out!! Xxxxx
Hi Lana! You may want to consider setting up a coaching session with me. You can do that from the shop page on my website. Many times, when doing budgeting coaching, I will recommend one of the two getting a secondary job until you can get more ahead. The other option is selling some household items that do not get used. Generally that can really add up. Definitely don't over think it. It takes years for most people to start seeing real results. One pay off at a time. Control what you can control. If you cannot control it, no reason to let it fester. You have the right goals!! Keep moving the needle!
Yay thank you so much for replying, I get so upset because im right in to budgeting, minimalism, selling anything unused however my husband is the total opposite. refuses to sell anything, has a passion doing up cars meaning we have 4 but only drive two, feels like a vicious cycle of me constantly complaining and nagging.in saying that he's perfect in every other way possible hehe. I run my own business but its really quiet at the moment, I also have 3 kids aged 2, 4 and 7 so with no family here to help, getting a job would almost cost more. anyway its all set up and ready to go so once I can get some numbers down I would love to set up a coaching session xxx
My husband and I are newly weds. One of our goals for this year is to start investing. Do you have any recommendations on which books to read to strengthen our knowledge in that area?
Carrie, I will ask my husband ... and follow up with you!! Can you please send me an email with this question? Here is my email tracy@tracyhensel.com ... Thank you!!
Hi Tracy! Good morning. I love love your video's I follow you daily and usually try not to miss your snaps! I started your method and it was a life changer.. However, I have a question, would you do a video regarding anxiety? Or at least your input. I find that a lot of us going through anxiety that a lot of people also see it as a "mental Disease" what would be your input. Thank you and love love your work!! Your rock!
Thanks for sharing your history! During the three years of credit and debt payoff did you return to the work force or add additional income or just cut the extra “fat” from your budget? thanks for all your motivation!
GREAT question!! Thanks for submitting it. I did not return to work. My husband did teach 2 nights a week at a Tech School (College) that brought in some extra cash. Other than that, we cut back substantially!
Yes, started at the age of 18! Please watch the video, today. You ill understand more. If you would like to set up a personal session, we can get that scheduled. Visit my Business facebook page for pricing.
Took the kids out of a school that gave them a community and best ever scholastic/religious foundation. Too bad for the kids, but hey, you kept the dream house you wanted. As long as mom gets what she wants.
How is that limiting you from achieving the goals you have for yourself? I coach on Limited Beliefs. I currently have a waiting list, but I can certainly help you with these GAIL's. It would be a great goal for 2020.
You provide excelkent information on a variety of subjects. However, aking the kids out of a loving, supportive, educational school exposed your limited belief system so I don't feel ypu are the one to help me. Thank ypu for your offer to help. My family is grown, house paid for and I am ok.
2 of my favorite people you and Dave Ramsey. I love his passion for helping people have that financial freedom. Thanks to him I was able to have my emergency fund, pay off my credit cards and now my car loan and school loan is the next thing I have to tackle. The envelope system is hard at first but it helps me be more disciplined and once one gets used to it it’s so rewarding to see one is finally having control of our own money and our life more importantly. People do think we are weird but just like Ramsey says “we need to be weird to be able to live like no one else so later on we can live like no one else”. Thank you again for this video!
Bless you! Dave is phenomenal!! Thank you for sharing your story!! This is perfect!!
Thank you for sharing, Tracy! I watched your budgeting videos more than once & I also read Total Money Makeover. As a single professional woman, without children, I’m blessed to be doing very well financially but your videos inspired me to organize my finances in a more realistic & conscientious way.
Thank you for sharing! God Bless!!
Inspiring and raw ! Thank you for always being true to who you are ! I’ve been through the program and you don’t realize how free you are until you go through it ! We wake up each day living in the moment and knowing that moment will last without being tied down with debt that after going through this program you realize it suffocated your life ...
Another great video Tracy. I could totally relate to the difficulty of pulling the children out of private school. My husband and I pulled ours out for their last two years of high school; not to become more fiscally responsible (although it DEFINITELY helped with our budget), but to allow them that "exposure" while we could still influence and guide them while they were still under our roof. I agree too that both spouses really need to be on the same page, or becoming financially free will be a much more arduous task! Thanks again for being so transparent and willing to share your personal experiences with us.
Thank you, not only for your nice comment; but for sharing your story, as well.
Thank you Tracy! My husband and I did this back in the 90’s when we where married. However I am divorced and have a 23 year old daughter on her own. I am not doing good. I have a medical condition now for 8 years and in disability. I am struggling so bad. I decided this week to do a overhaul of everything. I just found your channel and I am thrilled. I feel so guilty because I was so good with money and now just horrible. I am not a shopper type person and I am very thrifty. However, at times I want to buy something at Target etc. I feel guilty buying anything for myself. I am going to get my life back and buckle down and do what is right for my household. Thank you.
Great attitude of change. Keep it up! You'll be back to a system in no time! God Bless!
Wow Tracy I can see you’re free from people bondage as well! Amen to that! That’s why I look up to you. A conscious QUEEN 👑
Thank you, Chevy! God Bless!
You are so right about that financial compatibility factor! I grew up in a home where my parents were polar opposites when it came to their views on money, and it affected every other area of their marriage. I’d say it’s one of the most important areas to be clear on when it comes to having a happy marriage. Another great video!
I support your message, whole heartedly!! Thanks for sharing!!
Hearing your background story really motivates me on my budgeting journey. Such a video treasure.
Fantastic!! I am going to show this to my adult children. They are feeling pressured to "get their own house".
I am rewatching this Budgeting playlist Tracy, never gets old!!!
You have hit the nail on the head. People don’t plan ahead & just carry on adding to their credit cards because they cannot say no.
When my husband and I got married, he taught me the beauty of living below our means. This was drastically different from how I’d lived when I was single.
It took a while to adjust, but I’m SO glad that I did. Not only are you not a slave to bills, you also become free from the care of keeping up with everyone else.
PS: I cannot wait for tomorrow morning’s video!
Amen, Sheila! We have raised our girls the same ... but that concept of Living Below Your Means. Both my husband and I were raised with that.
Sheila Kaiser 97
Evelyn Lim ?
Tracy Hensel 💜
I literally laughed out loud when you said your kids were caught alive in the minivan LOL Your story reminded me of what Dave Ramsey says, " Live like no one else, so one day, you can live and give like no one else". You go girl! I'm still working the baby steps but had the plastectomy several years ago and just paid off yet another one working a ton of overtime and 2 extra jobs...can't wait to get to Nashville to do my debt free scream woohoo!! I loved hearing your story, thank you :-)
Loe this, Mary!! Thank you for sharing!! You obviously have the 'METHOD' down. When you get out to Nashville, stop in Franklin and say "Hi!" to Dave, himself!! Also, shared your message on Snap!!
Oh, you know it!! I want to do my debt free scream on his show...which will be very interesting since I have major stage fright haha WOW!! I'm not on Snap, but I was thinking I had to get on there and this convinced me, thank you!! :D
You are so right, Tracy. It's about what takes place in the home. This is where the children will learn and get their security and love. I think my husband and I have to rethink a few things. It's hard. I've avoided it. So I looked up this video to watch again (regarding money).
I did the same when I migrate to a new country. I just realised this method. And you will learn to live little money too. Thanks Tracy. A very good video. 💗💗💗💗
I liked Dave Ramsey's book. I learned a lot from it and am sad I'm the only person in my household willing to do it. Everyone else looks at me like I"m cuckoo. But that doesn't mean I can't use it for my own budgeting purposes. Great vid!
Hi Tracy. A video so much needed. Unfortunately, I am 52, and ashamed to admit that I have a good income and no savings. And as I work in the private sector in a European country, there is a risk of loosing your job at any time. It’s a pity that I still struggle with my so unwise desires to buy....clothes and makeup! Such a wasted life. So your advice is always so welcome, even if a little late for me. ❤️
Dimitra P. .... the best tree to plant was 20 years ago... so u r nvr late...worst is nevr startng at oll..
Theja Theja Thank you!
Dimitra P. , it is never too late. Believe me. You just need to take the first step. The Universe, God whatever you believe in will help you. I am a witness to that. A single parent got myself into so much debt. I taught I would never make it. I did it one day at the time. My favorite book besides the one Tracy mentioned is " How to get out of debt, stay out of debt and live prosperously by Jerold Mundis". You can do it. Give yourself some love, and forgiveness, and grace. Yesterday is history, tomorrow is a mistery, today is what matters. So just for today I will not go into more debt. I will be praying for you, and cheering you on.
I agree, it’s never too late to get started! I struggle as well but I believe it can be turned around.
Brendy Gonzalez So many thanks for your encouragement!
Great video Tracy! I purchased the Total Money Makeover for my daughter and son in law as a wedding gift - I think they thought I was crazy. However, they've just purchased their first home and would not have been able to do it without "the plan"
Great story, Kristine! Thank you for sharing!!
Love, love, love this video! My husband and I did a Dave Ramsey course a few years back and really enjoyed it and applied some of the ideas. I agree with your view of your responsibility in teaching and parenting in your home, not leaving it to others. Thankful that I found your channel when I did, you've helped me with so much. BTW, absolutely darling outfit on you! XO
Thank you, Courtney!
Thank you for sharing your story Tracy! My husband and I have been through some very hard times financially, and own each of the mistakes we have made. We are both in the 2nd half of our lives, and have a long way to go towards financial freedom, but it is something we work on every day. Sinking Funds and Cash Envelopes are an enormous help to our path to that freedom. We are “snowballing” all of our sons medical bills. Right now I am grateful that we both make very good incomes and can afford to live a stable life. I am also grateful for all the hard lessons learned from each of our financial disasters. As you have said before, you can’t walk around wounded and feeling sorry for yourself.. You have to rise above it, learn from it, and try to do better!
Thanks for sharing, Leigh! The fact that you are working on it everyday, says a lot towards meeting goals. I am sure the medical bills have been a huge hit. A nightmare that no one ever could plan for. Continue doing what you are doing ... RISING ABOVE!!!
Tracy, I am so glad I found your channel! I am throughly enjoying your videos and all the wonderful topics! I have been wanting to do the Dave Ramsey method but have been scared to begin. And one of the main reasons why is the fact that our three children (ages 9-14) all go to parochial schools! When you revealed that yours did too, wow, did you really hit home with me! And to top it off, both my husband and I are products of Catholic schools, too, K-12!! So that’s all we know! This year is the first year we really feel the pain of the tuition b/c we finally have a freshman, and boy is HS EXPENSIVE! Did you ever make a video speaking in depth about removing your children from parochial school? I really don’t think we want to do that, but we are suffering financially! Thank you so much!❤️
Thank you for your wonderful comment and for sharing. I have never done a specific video on the transition of parochial to public. I believe if I share my true thoughts too many people would take offense to it. I have no desire to conjur all the negativity. I still believe that for our girls, parochial school was by far the better choice, but because my husband and I did such a great job parenting, we made up for some of the differences. On the other hand, I never regretted our choice because once the girls were in travel sports we would have never been able to do it + it allowed me to stay home and raise our girls. Good luck to you in whatever you choose to do in the long term.
Tracy Hensel Thank you for your prompt response! I completely understand and it can be a heart wrenching and personal decision process. You’re right, it wouldn’t be wise to explain it here. So glad you have a wonderful partner for a husband and that can make all the difference. God bless you and I look forward to enjoying more of your videos! Thank you!
Love Dave Ramsey. Wish I had discovered him sooner than I did, but it's never too late to improve your financial situation.
You are so right, Debby! Thank you for sharing! Go Bless! Happy Easter!
Tracy Hensel Thanks, I hope your family is having a wonderful Easter.
I went through Financial Peace University several years ago. It's amazing how much peace of mind I had when I got that first $1,000 emergency fund set up. All of a sudden I didn't have to panic if my car started making a weird noise or I had a flat tire.
Awesome Donna! What a great feeling! Thank you for sharing! Keep up the good work!
Hi! The video was definitely inspiring! It reminds me to not only keep going but to see where I can trim more out of budget to save more. Thanks!
It Is very challenging to Juggle the "I Wants" re: Home-Improvement.... breast cancer knocked me on my rear, but put Everything into perspective; I stopped my ugly habits Cold Turkey and it's been uplifting Without that Guilt....
Thank you for sharing, Terri! God Bless!!
Bless u. Me as well...
CANCER has really put me on hold as well...but ive always tried to live on a budget (my lovely ex husband forged my signature for almost 100 thousand.....which i had to pay off....) should have pressed charges but i did not...=(
Love the discipline concept in all the areas that you speak of. I need to learn to say NO...... More often. Your a rock star 🌟 as always. Thanks
Thank you, Angi!!
I can’t imagine how difficult it must’ve been to move those little beauties out of private school. I wish I had read the book(or found you) in 2005. I would be living a different life today if I had. Thanks for another great video!
Hi Dawna! Thank you for the nice message! It was very, very difficult. We certainly swayed back and forth. Many prayers were prayed. The Lord always had a way of reminding us that WE, as parents were doing our job. Trust in him, and it will all work out. It did!
You knocked it out of the park it is so true so so true everything you say I am so glad to see you speak to the Young and the Old it is never too late.
Thank you Susan!! I appreciate your recognizing this. Bless you!!
Looking forward to your Q & A video. Thank you for sharing your life's journey , very inspiring.
Can you do a video in communicating with your partner in a healthy and open way?... One quick example for me is in finance. Sometimes my partner wants to buy a product and ill let him because I'm afraid if he doesn't get it, he'll feel bad and italso makes me feel bad; while knowing that it will hurt us financially. Vice versa
How amazing! I still can't believe you have five 5! kids! That is so great! And you look AMAZING!
Tracy I love your videos and advice! You are a great teacher. My parents never never were ever opened up to teach or talk about any of life's lessons like this. Communication is key in marriage. I have a very head strong husband that does things his Way. He is super conservative from a below poverty childhood and it has molded him into a money hoarder and investor. Lol So, it kinda puts me in a hole with my ideas. I admire your marriage and family !! You are lucky..🌸
Hi Renee! Thank you for sharing. I am certain that the 'poverty' aspect has played the biggest underlying affect on your husbands view on money. Even if subconsciously! Blessings!!
Tracy thank you for this Q&A I was considering putting my daughter in parochial school and I realized in this video that I don't have the means to do it especially when you consider college and weddings ect.. Thanks again.
I believe that is a very smart choice. Parochial schools are wonderful, but not necessary!
Thank you so much for the insights, I really loved this video, it's always a pleasure to watch your videos❤️
Hi, Tracy! 👋🏻
I think I might need to read that Dave Ramsey book, sounds like an interesting read.
Love Dave Ramsey and all your videos!💜💜
I love this lady! She is so classy and elegant! Xoxo
Thank you and Bless you!
So inspiring! Love your channel! Thanks for sharing.
What an incredibly inspiring video. And, it couldn't come at a better time. I will share more on our next phone call. I also have the Dave Ramsey book, and I just need to read it, lol. I did take a Dave Ramsey course at my company when I first started a few years ago. Thank you so much for all your sharing.
Thank you, Rita!! I am looking forward to our next session. Blessings, my friend!!
What an inspiring video. You have overcome wild and crazy obstacles. I applaud you for working to better your lives. Thank you
Hi Tracy I would like to see a work out video. Thank you 😊
Marlene Marlene yes! That would be great! Even what I eat in a day 😊
You could be Dominique Sachse's Twin !!
OMG!! Tracy, I was confused also. I also thought Tracy was the same person as Dominique Sachse all this time LOL!!! So much in common, I love it.
I thought she was the same person too lol
I thought that from the very beginning. They have similar looks and even some mannerisms, same confidence level
Tracy, LOVE these videos!!! Keep them coming 💖
Thank you so much for all of the things that you share my husband and I watched your video together . My husband and I are also on the same page financially and you're right it makes a huge difference thank you so so much also I began following you on Snapchat and you're just the best big smiles
Hi Kathren! Thank you! How nice that your husband and you watched together. I got a fuzzy feeling reading those words. Bless him for taking the time to watch with you. I appreciate your sharing!
Thank you so much Tracy for this video !
Thank you Tracy!! As always great content!!!
Loved this, thank you for sharing your story. Just curious how much debt did you have? I listen to Dave Ramsey every day and I love hearing the debt free screams.
Thank you, Jennifer. I too, love listening to Dave Ramsey's show. As for how much debt, I don't fully remember the exact number. But it was several thousand, I believe. If I were taking a wild guess, with credit card debt and those 3 years same as cash schemes ... which were baloney ... maybe 10-13K.
Such a marvellous video you are so true to yourself .Would love an outfit of the day sometime in your videos as I am not very computer savvy
Thank you Tracy for another amazing video!
Awesome video Trace, love the more personal storyline, very inspiring. Maybe I missed it and if so I apologize but, did Money have a personal vehicle or work-given vehicle? Or did you two share the minivan? Just curious as my situation is very similar currently to your story at its beginning. Thanks again for the incredible content. ❤️
Thank you! My husband was already driving a used vehicle. We had one more luxury vehicle, and that was mine.
Dear Tracy,
Please can you make a video of how to control the urge of spending money on things we do not really need...
Hi Rachel! I did a video on that topic. I am sorry you missed it. You can view it here: ua-cam.com/video/XR_vtoBXtRc/v-deo.html
Tracy Hensel
Thank you so much!
Watching it right now,
Blessings xx
Thank you so much for sharing your journey. This was really helpful.
Very inspiring video and your outfit is super cute !
Have you seen the movie The Joneses? Excellent. The dark side of consumerism.
I have not, but I bet it is!
Tracy Hensel you would love it. Highly recommended. Xoxo
Great video! I love to learn.
I have everything written out and ready to go however just to make our primary and secondary bills run smoothly we need about $1150 more then what we are making a fortnight? What would you do in this case as I have tried to cut down on everything I possibly can. I’m also probably over thinking it but we get paid this coming Friday and we have things like a rego and phone bill needing to be paid so I just don’t know where to start in order to make things start working but I am so excited! I sat at my lap top all of yesterday watching your 3 videos over and over again. I wish you lived in Perth so you could help me out!! Xxxxx
Hi Lana! You may want to consider setting up a coaching session with me. You can do that from the shop page on my website. Many times, when doing budgeting coaching, I will recommend one of the two getting a secondary job until you can get more ahead. The other option is selling some household items that do not get used. Generally that can really add up. Definitely don't over think it. It takes years for most people to start seeing real results. One pay off at a time. Control what you can control. If you cannot control it, no reason to let it fester. You have the right goals!! Keep moving the needle!
Yay thank you so much for replying, I get so upset because im right in to budgeting, minimalism, selling anything unused however my husband is the total opposite. refuses to sell anything, has a passion doing up cars meaning we have 4 but only drive two, feels like a vicious cycle of me constantly complaining and nagging.in saying that he's perfect in every other way possible hehe. I run my own business but its really quiet at the moment, I also have 3 kids aged 2, 4 and 7 so with no family here to help, getting a job would almost cost more. anyway its all set up and ready to go so once I can get some numbers down I would love to set up a coaching session xxx
You are such a blessing!
thank you for sharing
I luv watching your videos❤❤
Thank you!
My husband and I are newly weds. One of our goals for this year is to start investing. Do you have any recommendations on which books to read to strengthen our knowledge in that area?
Carrie, I will ask my husband ... and follow up with you!! Can you please send me an email with this question? Here is my email tracy@tracyhensel.com ... Thank you!!
Great video !! Love ya Tracy ❤️
Hi Tracy! Good morning. I love love your video's I follow you daily and usually try not to miss your snaps! I started your method and it was a life changer.. However, I have a question, would you do a video regarding anxiety? Or at least your input. I find that a lot of us going through anxiety that a lot of people also see it as a "mental Disease" what would be your input. Thank you and love love your work!! Your rock!
Thank you Adi. I am sure I can at least touch on Anxiety. Thank you for the suggestion.
Tracy Hensel thank u so much! It would be greatly appreciated!!
Love this outfit. Kelly
Thank you, Kelly!
Do you track your expenses from your cash envelopes?
Yes, I track all expenses from any source that I utilyze.
Thanks for sharing your history! During the three years of credit and debt payoff did you return to the work force or add additional income or just cut the extra “fat” from your budget? thanks for all your motivation!
GREAT question!! Thanks for submitting it. I did not return to work. My husband did teach 2 nights a week at a Tech School (College) that brought in some extra cash. Other than that, we cut back substantially!
Thank you dear for sharing!
Excellent video, as usual . . .
Great video!!
Thanks Sheri!!! xo
Dat was n inspiratinal vid....
Applause 👏🏻👏🏻👏🏻👏🏻👏🏻
Are you saving for retirement? How so,What can I do to save as,a single parent with 1 child?
Yes, started at the age of 18! Please watch the video, today. You ill understand more. If you would like to set up a personal session, we can get that scheduled. Visit my Business facebook page for pricing.
Took the kids out of a school that gave them a community and best ever scholastic/religious foundation. Too bad for the kids, but hey, you kept the dream house you wanted. As long as mom gets what she wants.
How is that limiting you from achieving the goals you have for yourself? I coach on Limited Beliefs. I currently have a waiting list, but I can certainly help you with these GAIL's. It would be a great goal for 2020.
You provide excelkent information on a variety of subjects. However, aking the kids out of a loving, supportive, educational school exposed your limited belief system so I don't feel ypu are the one to help me. Thank ypu for your offer to help. My family is grown, house paid for and I am ok.