Money Update For 1st Quarter 2024: Budgeting, Saving, Debt & Income.

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  • Опубліковано 1 лип 2024
  • Money Update For 1st Quarter 2024: Budgeting, Saving, Debt & Income.
    #budgeting #budget
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КОМЕНТАРІ • 73

  • @BudgetTreasures
    @BudgetTreasures  2 місяці тому +17

    Bestiesss!!! 1st Quarter is now over and we are just starting Quarter 2 of 2024! I am DETERMINED to meet my goals this year so while living a life of balance. How did you do for the 1st quarter of 2024?

  • @rebeccahubbard3817
    @rebeccahubbard3817 2 місяці тому +23

    Girlllll!!!! Over 20k in side hustles is crazy good!!🎉😮 Plus being credit card debt-free!! You are killing it!!!❤❤❤

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому +5

      Crazy right!! I was shocked! God is good!!!

  • @LDPLadyLeader
    @LDPLadyLeader 2 місяці тому +10

    One suggestion would be to save the amounts over $5k per month to another account- maybe a HYSA- and see how much you have over your budgeted side hustle amount at year end. You were surprised that you were $5k over at Q1 - so maybe those extra dollars need a job for later in the year. Congratulations on your determination in getting out of debt in 2024!

  • @shawndawashington8623
    @shawndawashington8623 2 місяці тому +4

    Geez!!!! $20k in side hustles?? And yes this is amazing! No wonder you are able to knock off debt. You go girl!

  • @deedeeb9112
    @deedeeb9112 2 місяці тому +4

    I did my qtr 1 update on Saturday morning with my morning cup of coffee and it felt good and put things into perspective. I too felt like I was going nowhere with my sinking funds, so I’m doing the same thing you are going to do. Thank you for that new idea and perspective. Keep up the great work you are awesome🎉🎉🎉!

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому

      Absolutely! Doing the check-in was very refreshing 💜 Yes I can't wait to see how focusing on 1 sinking fund at a time will feel.

  • @paulahunt414
    @paulahunt414 2 місяці тому +2

    You did great. Instead of 3 months times $5000 equal $15000, you went over and did $20,000

  • @KarenHRiceScott
    @KarenHRiceScott 2 місяці тому

    I love this quarterly check-in. I typically set goals for the year but this is a great way to recognize wins instead of trying to recap the whole year at the end; starting Q2 now.

  • @Marialovely-ty4ce
    @Marialovely-ty4ce 2 місяці тому +5

    Beastie you are doing great!! Always celebrate the accomplishments 😊

  • @karrysmith9336
    @karrysmith9336 2 місяці тому

    That is a great idea regarding sinking funds. I'm going to implement that in my budget. Thank you

  • @chellywhit
    @chellywhit 2 місяці тому

    Thanks for the motivation. Great video. I miss the prayers.

  • @chingonacouponer
    @chingonacouponer 2 місяці тому

    Congrats on the side hustle income 🙏🏽

  • @palomaquerida
    @palomaquerida 2 місяці тому

    congrats on that side hustle $$$

  • @miriam2338
    @miriam2338 2 місяці тому

    I love your channel, I can so relate to you, thank you for the motivation! the sinking funds process I feel like it takes a longgg time for me as well.

  • @sewkraftysanaa
    @sewkraftysanaa 2 місяці тому

    Love this!!!!

  • @patrickazuka1981
    @patrickazuka1981 2 місяці тому

    Great job 🎉🎉🎉🎉well done

  • @carolinepankey21
    @carolinepankey21 2 місяці тому +4

    I clicked so fast! Hey bestie hey!!

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому +1

      Heyyyy Bestie!!! Thank you for your support 🩷

  • @jenniferrosenthal8943
    @jenniferrosenthal8943 2 місяці тому

    Thank you for the video

  • @BudgetingOver40
    @BudgetingOver40 2 місяці тому

    This is awesome! Congratulations on your progress.

  • @user-tc6zk1sf8s
    @user-tc6zk1sf8s 2 місяці тому

    Great video. I like the idea of fulfilling one sinking fund at a time

  • @terrimccurdy3347
    @terrimccurdy3347 2 місяці тому

    Congratulations 🎊 👏 that's awesome 👌 cc debt free is amazing by itself!!! I'm trying to do this budget system. I'm hoping to have it down packed by June. It's a lot getting started.

  • @nd4110
    @nd4110 2 місяці тому +1

    Great job! Keep up the good work!
    One observation, Money is being diverted to future expenses when you have past expenses that need attention. That’s why I think you feel like no progress is being made even though money is coming in. Don’t get distracted. Focus on your debt free goal! You can do it and have even more funds to allocate to future projects. In my opinion.

  • @melaniematthews5359
    @melaniematthews5359 2 місяці тому

    Me either.

  • @diannerichards6018
    @diannerichards6018 2 місяці тому

    I total understand what you are saying I have to see faster movement to keep me motivated it sounds like a good idea on your sinking funds. Congratulations 🎊 👏 💐 🥳 on credit free. Im still working on it but its coming down girl I love it down to the last 2 and than on to personal loans ❤❤

  • @Devie-tx8ri
    @Devie-tx8ri 2 місяці тому

    I love how you break down your yearly payments each paycheck based upon set determined goal date / 12, 24, or 52. Even if it’s only $3 per paycheck to equal the yearly amount due.

  • @sarataylor4537
    @sarataylor4537 2 місяці тому

    I love the one evelope at a time

  • @speaksakia
    @speaksakia 2 місяці тому +2

    Hey bestie!! Congrats on being cc debt freeeeeee!!! 🥳🥳🥳🥳 Thank you for this video. I’ve been feeling similar about my sinking funds, like it’s moving so slow! 😅 I love the one fund at a time strategy! I’m gonna try incorporating that immediately!

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому +1

      Hey Bestie!! Thank you!! Yeah I cannot wait to transition to this method of saving for sinking funds. I feel like I was making no progress!

  • @MrsLiverpool-ue6ch
    @MrsLiverpool-ue6ch 2 місяці тому

    My Q1 started out so strong and then I realized my little boy was due any day. Budget was hanging on by a string February and then March happened and my new born said run your pockets mom.

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому

      😅 Sounds like my story somewhat. 2nd quarter. Let’s go!

  • @ericaaguilar1443
    @ericaaguilar1443 2 місяці тому

    Hi!!!
    Love your content❤
    Can you please share where you got your budget binder from and how you put the holes on the paper to snap back in the binder?

  • @lekeshahill2477
    @lekeshahill2477 2 місяці тому

    I'm almost credit card debt free and will be in 2nd quarter. You are very encouraging and I have started my own UA-cam channel to hold myself accountable. Congratulations on being credit card debt free.

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому

      Amazing!! I am so happy for you! You go head...Having a UA-cam Channel will definitely be a way to hold yourself accountable!

  • @deborahsimpson2732
    @deborahsimpson2732 2 місяці тому

    Thanks so much for sharing all that you share with us. Very helpful; on all fronts. I was scattered regarding my sinking funds and haven't put any money in at all recently. But I will start with the idea you mentioned about having one sinking fund envelope. That sounds better; more focused. I am not so good on my monthly analysis; haven't even done February yet; ugh. But I am on track for March. Thanks again.

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому

      You're welcome! I think that you will. love focusing on 1 envelope at a time

  • @keviasamira
    @keviasamira 2 місяці тому +1

    Congratulations on being credit card debt free. 🎉

  • @c.martin89
    @c.martin89 2 місяці тому

    ❤ ❤

  • @MyMoneyTree_
    @MyMoneyTree_ 2 місяці тому

    Congrats on the $20k Q1 income!!!! That’s amazing!! 👏🏼🎉

  • @carolinepankey21
    @carolinepankey21 2 місяці тому +2

    Overall I think you had a great first quarter!

  • @speaksakia
    @speaksakia 2 місяці тому +1

    Congratulations on your Side Hustle numbers for Q1! 🎉🎉🎉🎉 Did I miss you dropping your YT class. I clicked that link so doggone fast 😅

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому +1

      LOL😂 It is coming...I know that I am moving slow but I am going to start moving FAST💨

    • @speaksakia
      @speaksakia 2 місяці тому

      😂😂😂😘

  • @Mrs.LaShonda.Dunbar
    @Mrs.LaShonda.Dunbar 2 місяці тому

    Yassss!!! Congratulations bestie!!! That's awesome! 20K from side hustles!!🎉🎉🎉🥂

  • @Devie-tx8ri
    @Devie-tx8ri 2 місяці тому

    Envelopes work great. Downfall to cash is that it can be stolen. …

  • @kimberlywinkfield876
    @kimberlywinkfield876 2 місяці тому

    What is a sinking fund?

  • @tidegirl6526
    @tidegirl6526 2 місяці тому

    My budget sheets are ever evolving as well, and i haven't seen any sheets for sale that match the way my ADHD brain works

  • @Devie-tx8ri
    @Devie-tx8ri 2 місяці тому

    How much of quarter have you put into investments? Short term make a little more now or Long term get nothing back for several years.

  • @jenniferrosenthal7731
    @jenniferrosenthal7731 2 місяці тому

    I may have missed it, but what are you doing for side hustles?

  • @mickeymimi9081
    @mickeymimi9081 2 місяці тому

    Hey besties paid off one of my personal loans last week 🎉🎉but I’m still struggling with no fast food purchases any suggestion

    • @BudgetTreasures
      @BudgetTreasures  2 місяці тому

      Congratulations Bestie!! You go girl! What specifically are you struggling with? Being consistent?

  • @selenegonzalez6502
    @selenegonzalez6502 2 місяці тому

    That sounds extreme! You possibly do not have a mortgage, rent or bills to pay if you can save that much. How many jobs you got? LOL 😅😅😅😅

  • @msmunoz28
    @msmunoz28 2 місяці тому

    do you have another job besides you tube??

  • @user-ty8ps9qe4i
    @user-ty8ps9qe4i 2 місяці тому

    I pray you have been paying your quarterly taxes which should be between $6000- $7000.

    • @stephanielcowart6867
      @stephanielcowart6867 2 місяці тому +1

      32% tax bracket? Also she could pay extra out of her check as lots of ppl do when they're employed and have business/side hustles?

    • @user-ty8ps9qe4i
      @user-ty8ps9qe4i 2 місяці тому

      @@stephanielcowart6867 You are so right there are several ways to handle taxes. She is making enough now she needs to talk to a cpa and set up quarterly payments. She is doing wonderful on so many areas. She has a history of getting caught short on taxes. I just want the best for her.

  • @Glammmahgotguts
    @Glammmahgotguts 2 місяці тому

    Whoo Hoo Jazmine!!! Get it giiiirrll🙌🏽🙌🏽🙌🏽👊🏽👌🏾👌🏾👍🏽👍🏽👍🏽👍🏽🎉🎉🎉🎉🎉