The slinking fund is what I use also. I have for around 20 years. You are right it is a lot of work but it helps mentally to know there is money when a car messes up and you have to pay the bill.
I just binged watch all of your budget videos and read all of the comments and I just want to say THANK YOU for replying to comments. There is nothing more frustrating than UA-camrs who post informative/instructional videos and than never answer any questions! Your budget videos have been so motivational and I just ordered my first EC.
You are so organized!! This video makes me want to order that planner and set it up identically to yours. 😂 It flows so well, and maximizes all of the space! Thanks for sharing!
I love how you set up your Finance Planner. I have kept track of our finances consistently for 13 months now and it feels wonderful. I am now ready to move on to using a book I’ve watched lots of videos and yours is the best! I can’t wait to use some of your ideas for us.
Thank you for the inspiration! I am considering this planner to use and the way you use it really speaks to me. I will probably rewatch this a couple of times when I actually start with the budget planning. Thank you for being so helpful! This newbie can really appreciate it!
I’m new to EC, I just received my first Deluxe Monthly Planner today (after watching your 2018 videos). I have been tracking my family’s budget on a spreadsheet app on my phone for a few years now. But I think I’m really going to prefer using pen and paper. Thanks for your tips! I can’t wait to start using mine
Thank you for the inspiration - I have watched this at least 3 times since you have posted as I am terribly hopeless at being creative and setting up my budget planner as well as you have!
Just found you and started following you. Love all the tips you use. I use the life planner for normal day to day but bought the deluxe planner yesterday to start using for our finances. Thank you for all the great tips. You have given me some great ideas. An welcome to Georgia. :) We moved here almost 18 years ago.
I love this! It's a beautiful set up and I track a lot of payments. I'm paying off 3 credits and just started on my student loans. So having it situated the way you do is the perfect setup.
Jen, this has totally inspired me to get my finances in check and come up with a system to get a better savings plan in place. Thank you so much for your wonderful channel and Instagram! I am on the EC train now, and I am looking forward to ordering my own budget planner!
Just got my EC Deluxe planner today. I watched your video a couple of times, putting stickies where you did. I figure since you've been doing this a while, you worked out all the "kinks". I am excited to begin. We don't have much debt, and have money saved already, so I am skipping some steps, but we're doing a cash based budget and so far, I find I am not spending my spending money quite as easily as I would using the debit card!! Thanks so much for the tips and tricks. So helpful.
I like the extra pages. I was just going to use it as my budget planner again but when I noticed the extra pages, I've decided to use it as my life planner and budget planner. Everything in one book :)
Was so waiting for this! I have my planner and will be setting it up. You make it so clear and easy to understand and with our situation we both have full time jobs and husband has a weekend 2nd job , he has his account I have mine but I think I can track both of us in this format and tract 2 sinking funds with the extra pages in the planner. Hope you do more as they Year progresses. It seems to be very helpful- thank you
Ahh, so great! Your plan made my functional brain happy sigh! I'm actually tracking some things differently as an entrepenuer (like my mini paycheck to paycheck budget and variable income sources), but I too will need a full spread to track expenses so I'm happy for the extra pages! I also personally love watching people actually LAY OUT their pages and yours is never a bore. Thank yooou! ❤
Hi Jen! I started budgeting in October. I've taken the Total Money Makeover class and got my EC monthly. I'm really enjoying the process. Would love to see an update sinking fund categories as things keep coming up that I didn't account for (i.e. stamps, cleaning products). I think it will just take me a few months to get in the swing of things. Thanks for your videos!
Look back! Pull your last years' worth of statements and find every hiding category! Chances are, the surprise categories are all things you've already spent over the last year!
If you follow the cash envelope method you could always make one for miscellaneous for things like that! Then if you don’t use it, you can “rollover” whatever cash you want to the next month or save it (or a little bit of both)
Thanks for the great ideas. This is my first year using Erin Condren Life planner and I love how you set it up. I'm taking some of your ideas for mine. God Bless you and your family.
This was sooo helpful!!!!! I'm glad I watched. I learned some new tips and where to get a new planner as the one I have is like a textbook binder. Thanks so much for doing this video!!
Glad to see you back. Thank you. I use a lot of your ideas and I am now in the process of setting up my EC Monthly Budget Planner for 2019. I’m new at this type of planning, started in September. I’m having problems with the weekly tracking of my cash envelopes. I noticed you don’t mention cash envelopes, ie groceries, restaurants, household goods, personal. How and Where do you track those funds?
Thank you for sharing covering the additional months at the glance in the beginning ! I hadn’t thought of that but it’s always bothered me 💕 appreciated
Love your videos!! I don't understand the two page idea of tracking your out going sinking funds. Could you please explain what is different from the sinking funds page and the tracking of your outgoing sinking funds pages?
Thank you for posting this! I got some great ideas! I have Watched both your sinking funds video and your budget planner video a bunch of times. They’re awesome. In your budget planner video, you mention that your income is variable (so is ours) and you note that you’ll discuss in a later video how you decide what comes out of each paycheck and when. Or how you decide what comes out of each. Did you mention it in another video? I rewatched the sinking fund video but I’m not sure it’s in either of those. I also would love to hear more about how you have your accounts set up for sinking/saving/checking. Thanks for your help!
Clarissa Gottshall-French Same! I have a struggle with predicting monthly that I have well over the amount needed for my monthly expenses + sinking funds, but because multiple come out in one week, which may be more than what I made that week, I’m not sure how to plan for that properly! Also, when do you put away your sinking funds (end of the month?) So helpful, thank you!
This is so insightful, thank you for sharing. I said ahhhh at the idea of putting sticky notes on the pages in advance to map out what I’ll put where. Brain Dumping in advance makes so much sense, it just didn’t occur to me. ** I don’t think tracking is arbitrary, doesn’t it help you get an idea on where to set sinking funds goals. I hate you have preemptively remind people if they don’t have anything nice or constructive to say they can just move on, this was really interesting and helpful, I stayed until the end! Thanks again!**
If you said it, I've missed it - sorry. :) Where do you put the actual money for your sinking funds? Is that what you cash to put in envelopes or in a bank account? Thank you!
Thank you for sharing how you set up your budget planner. You have inspired me lol! I bought an EC petite budget book, but I think I need the EC deluxe monthly planner. Do you have a video or pictures of your your budget planner for 2018?
Jen could you expand on “things to optimize” and “general account information”. What do you put on this page. Thank you so much for this. It is very helpful.
Terra Shewmaker of course! Things to optimize is just going to be a list/working page for expenses we are looking to lower. General account information is like login and account number info.
Hey Jen Can you make a video showing how you use or place the extra tabs in your planners/notebooks? And how you space them out? Thnx. Love the videos btw. Annick
Hi Jen! I am completely obsessed with this planner. It's my second year using the monthly deluxe and I have to say it's my absolute favorite planner. I'm curious to know if while doing the baby steps and paying off your debt, did you still add money to a sinking funds account or did you only focus on your debt first?
Thrilled to see the new setup! I have just recently ordered my new E.C.deluxe monthly. Can,t wait for it to get here! now I know how I want to set it up. Thanks for being such a great mentor! I was wondering if there is anyway you could raise the volume on your vids ? I have a hard time hearing you most times even with my volume turned all the way up . keep up the good work and have a very merry Christmas! love from Alabama .
Part of it is education (I have business degrees that had plenty of finance courses), and I read everything I can get my hands on. I have a list of favorites here! www.amazon.com/shop/influencer-e7db133a
Hi Jen! I have a question about first of year budget setup that I haven,t heard anyone on utube talk about. that is doing your equity tracking and asset management. Could you do a video on this subject? love watching your content keep up the good work! Happy holidays!
I don't! My favorite part of using cash! I track how much I withdraw, and then I don't do anything after that. When it's gone, it's gone, and if I have leftover, I just keep it in my wallet.
Don’t know if you’ll reply or if someone else will...but any advice for someone trying to pay off a student loan but has to make monthly payments on it? I can ask for a 6month grace period but then they tac on interest in the mean time?? Trying to pay lump sums?? Any advice? BTW just watched this at least 5 times to organize my planner like your I’m just. Starting to budget this month going forward!! Love your videos!!
List your debt lowest balance to highest. Then just pay the minimum on everything except the smallest debt, and throw everything extra you can at the smallest. You'll pay it off faster and then can take the minimum+extra from the first debt and move that to paying extra on the next debt. That's the debt snowball! Hope that makes sense.
Ugh really wish I had gotten this one instead of the petite one.... I would go ahead and order, but it takes SOO LONG to receive EC orders even if they aren’t personalized😩😥
Thank you so much for doing these videos each year they are so helpful. Can you post a picture or two of your quotes pages when done so we can read them all and maybe adopt them as our own? Maybe on Instagram please?
Really good tips! i've been having a planner for years and its good to have an open mind to do things different. Your way of doing it reminds of a passbook but in a fun way hahahaha... btw i switched from a deluxe planner to a life planner for the first time. I wasn't a fan of the new layout :(
Would you ever be open to a conference call to review someone else’s finances? I’d really like to hear your take on how I could be managing more wisely!
Stacy Exum we have a short term health policy! It does not cover pregnancy or pre-existing conditions, but that’s not a concern for our family, so we are lucky. I also save the difference between this and a full policy for medical expenses beyond what they cover - and I’ve had to use about half of it so far.
Question: So because all of your money is accounted for (sinking funds, taxes, etc)...do you "disregard" the checking account balance and rely on paper for your "true balance"? If so, do you log on often to double check your math or confirm your balance? I'm trying to figure out an option that works for our family. Thank you.
I don't NEED to, but I check it daily. I have caught mistakes a few times (wrong charges, refunds not posted, checks not cleared), and I am just in the habit of checking all the time. I'm sorry that's probably not helpful!
I find your videos so interesting and now a question occurred to me: do your sinking funds only exist on paper and you keep all your money in the same account or do you have different accounts for every sinking fund?
She had a great tip in another video to put the sinking funds in a checking so it’s easy to transfer without penalties. Savings accounts have monthly electronic transfer limits. So simple, yet so genius!
Since I discovered you about a week ago, I have watched quite a few of your budgeting videos. They are so helpful and well done, so thank you! I have a question for you: You mentioned once that "experts say you should have X amount of money saved for car maintenance" or home maintenance. I have tried to locate a source for recommended amounts the majority of us would need in a sinking funds account. I know everyone will be different depending on circumstances, but I would appreciate getting a "rule of thumb" figure so I can have a place to start. I am in the queue for Dave Ramsey's book at the library. Does his book mention any of these things? Thank you!
Jeanne Schmidt I think his book does mention them. It’s also something you can easily find on google. He has free resources on his website. I think it goes by percentage, like “you should spend X % on Y.”
Great question! Experts recommend $75-150/month per car (based on age and condition), and 1-3% of your home's value annually for home maintenance. If you live in a VERY high or low cost of living area, $1/square foot per year is another recommendation I've heard. We are right in the middle :)
Thanks, Jen. I just got Dave Ramsey's book on my Kindle and I will be setting up my finance planner, similar to the one you shared with us. Can't wait!@@JenPlans
Do anyone have any other ideas for the year at a glance page? I am setting up my planner for 2019 and its the only page I have nothing for. I only have 2 sinking funds that come out quarterly, so I just include it into my budget. I want to use the space productively but can't think of any other uses. I did cover up the 2018 portion of the page by gluing on a blank piece of paper. ALL IDEAS ARE WELCOMED!!! Thank you!!!
It would be a GREAT place to track monthly goals! You could highlight or cross off dates for things like no spend, building up savings, paying a certain amount to debt!
Thrilled to see the new setup! I have just recently ordered my new E.C.deluxe monthly. Can,t wait for it to get here! now I know how I want to set it up. Thanks for being such a great mentor! I was wondering if there is anyway you could raise the volume on your vids ? I have a hard time hearing you most times even with my volume turned all the way up . keep up the good work and have a very merry Christmas! love from Alabama .
The slinking fund is what I use also. I have for around 20 years. You are right it is a lot of work but it helps mentally to know there is money when a car messes up and you have to pay the bill.
I just binged watch all of your budget videos and read all of the comments and I just want to say THANK YOU for replying to comments. There is nothing more frustrating than UA-camrs who post informative/instructional videos and than never answer any questions! Your budget videos have been so motivational and I just ordered my first EC.
Julie Berry n
You are so organized!! This video makes me want to order that planner and set it up identically to yours. 😂 It flows so well, and maximizes all of the space! Thanks for sharing!
I love how you set up your Finance Planner. I have kept track of our finances consistently for 13 months now and it feels wonderful. I am now ready to move on to using a book I’ve watched lots of videos and yours is the best! I can’t wait to use some of your ideas for us.
This was a great video, I love your setup and your handwriting is gorgeous.
Thank you for the inspiration! I am considering this planner to use and the way you use it really speaks to me. I will probably rewatch this a couple of times when I actually start with the budget planning. Thank you for being so helpful! This newbie can really appreciate it!
Please do this for 2020 too! It’s so helpful 😊
I’m new to EC, I just received my first Deluxe Monthly Planner today (after watching your 2018 videos). I have been tracking my family’s budget on a spreadsheet app on my phone for a few years now. But I think I’m really going to prefer using pen and paper. Thanks for your tips! I can’t wait to start using mine
Thank you for the inspiration - I have watched this at least 3 times since you have posted as I am terribly hopeless at being creative and setting up my budget planner as well as you have!
Thank you so much for sharing! I was keeping all by budget info in a note book bc I didn’t want to clutter up my planner. I love this!
Just found you and started following you. Love all the tips you use. I use the life planner for normal day to day but bought the deluxe planner yesterday to start using for our finances. Thank you for all the great tips. You have given me some great ideas. An welcome to Georgia. :) We moved here almost 18 years ago.
I love this! It's a beautiful set up and I track a lot of payments. I'm paying off 3 credits and just started on my student loans. So having it situated the way you do is the perfect setup.
Yesssss get those student loans! You can do it! Thanks for watching
Jen, this has totally inspired me to get my finances in check and come up with a system to get a better savings plan in place. Thank you so much for your wonderful channel and Instagram! I am on the EC train now, and I am looking forward to ordering my own budget planner!
YAY! I love hearing stuff like this!!!
Just got my EC Deluxe planner today. I watched your video a couple of times, putting stickies where you did. I figure since you've been doing this a while, you worked out all the "kinks". I am excited to begin. We don't have much debt, and have money saved already, so I am skipping some steps, but we're doing a cash based budget and so far, I find I am not spending my spending money quite as easily as I would using the debit card!! Thanks so much for the tips and tricks. So helpful.
I like the extra pages. I was just going to use it as my budget planner again but when I noticed the extra pages, I've decided to use it as my life planner and budget planner. Everything in one book :)
Can you do an update on how this setup is working for you? Do you like it better than previous years?
Was so waiting for this! I have my planner and will be setting it up. You make it so clear and easy to understand and with our situation we both have full time jobs and husband has a weekend 2nd job , he has his account I have mine but I think I can track both of us in this format and tract 2 sinking funds with the extra pages in the planner. Hope you do more as they Year progresses. It seems to be very helpful- thank you
Ahh, so great! Your plan made my functional brain happy sigh! I'm actually tracking some things differently as an entrepenuer (like my mini paycheck to paycheck budget and variable income sources), but I too will need a full spread to track expenses so I'm happy for the extra pages! I also personally love watching people actually LAY OUT their pages and yours is never a bore. Thank yooou! ❤
Thank you! I sped it up so much it cut the video from 2 hours to 33 min 😬 but I didn’t want to leave it out!
Love this - note- I used a blank page from the planner - sticky tape the back and used to cover 2018- the lines give me even spacing.
Hi Jen! I started budgeting in October. I've taken the Total Money Makeover class and got my EC monthly. I'm really enjoying the process. Would love to see an update sinking fund categories as things keep coming up that I didn't account for (i.e. stamps, cleaning products). I think it will just take me a few months to get in the swing of things. Thanks for your videos!
Look back! Pull your last years' worth of statements and find every hiding category! Chances are, the surprise categories are all things you've already spent over the last year!
If you follow the cash envelope method you could always make one for miscellaneous for things like that! Then if you don’t use it, you can “rollover” whatever cash you want to the next month or save it (or a little bit of both)
This will be my first year using an Erin Condren. Thank you for the inspiration. :)
I hope you love it as much as I do!
Thanks for the great ideas. This is my first year using Erin Condren Life planner and I love how you set it up. I'm taking some of your ideas for mine. God Bless you and your family.
Thanks for taking the time to do this! I’m motivated to budget again. I’ve been slacking after becoming debt free and finishing the FFEF.
It's so hard to keep the motivation after all of the heavy lifting is done! But that's where the REAL power begins!
Love your simplicity and functional set up! Enjoyed watching
This was sooo helpful!!!!! I'm glad I watched. I learned some new tips and where to get a new planner as the one I have is like a textbook binder. Thanks so much for doing this video!!
I'm glad it was helpful!!!!
I use a 2 inch binder as well 😁 I love it. The thing I did different for 2019 is I actually bought some stickers and washi tape to make it look pretty
Haven’t even watched but so excited. Laughing at myself that I roughly laid mine out but didn’t want to finalize without seeing your awesome ideas
As always, super helpful. Thanks Jen!
Same 😆
Glad to see you back. Thank you. I use a lot of your ideas and I am now in the process of setting up my EC Monthly Budget Planner for 2019. I’m new at this type of planning, started in September. I’m having problems with the weekly tracking of my cash envelopes. I noticed you don’t mention cash envelopes, ie groceries, restaurants, household goods, personal. How and Where do you track those funds?
Thank you for sharing covering the additional months at the glance in the beginning ! I hadn’t thought of that but it’s always bothered me 💕 appreciated
Love your videos!! I don't understand the two page idea of tracking your out going sinking funds. Could you please explain what is different from the sinking funds page and the tracking of your outgoing sinking funds pages?
You have really inspired me to budget better! Thank you for these videos! You are a blessing!
Thank you Jen! Very informative. Will try to implement some of your ideas for my planning since I am very disorganized 🤗🥰
Thank you for posting this! I got some great ideas! I have Watched both your sinking funds video and your budget planner video a bunch of times. They’re awesome. In your budget planner video, you mention that your income is variable (so is ours) and you note that you’ll discuss in a later video how you decide what comes out of each paycheck and when. Or how you decide what comes out of each. Did you mention it in another video? I rewatched the sinking fund video but I’m not sure it’s in either of those. I also would love to hear more about how you have your accounts set up for sinking/saving/checking. Thanks for your help!
Clarissa Gottshall-French Same! I have a struggle with predicting monthly that I have well over the amount needed for my monthly expenses + sinking funds, but because multiple come out in one week, which may be more than what I made that week, I’m not sure how to plan for that properly! Also, when do you put away your sinking funds (end of the month?) So helpful, thank you!
I am in the same boat also! Please let us know in detail if you can! Thank you Jen
Excellent setup. Took away some great ideas for my planner. Thank you.
The monthly overview idea and sinking funds tracking are great! #borrowing
This is so insightful, thank you for sharing. I said ahhhh at the idea of putting sticky notes on the pages in advance to map out what I’ll put where. Brain Dumping in advance makes so much sense, it just didn’t occur to me.
** I don’t think tracking is arbitrary, doesn’t it help you get an idea on where to set sinking funds goals. I hate you have preemptively remind people if they don’t have anything nice or constructive to say they can just move on, this was really interesting and helpful, I stayed until the end! Thanks again!**
If you said it, I've missed it - sorry. :) Where do you put the actual money for your sinking funds? Is that what you cash to put in envelopes or in a bank account? Thank you!
Will you be doing a new video for your 2020 set up?
Thanks for this! I’m about to setup my 1st Deluxe Monthly Planner
Love love love these videos! Thank you for sharing. Will you do a video on how you manage your cash flow for the month?
Thank you for sharing how you set up your budget planner. You have inspired me lol! I bought an EC petite budget book, but I think I need the EC deluxe monthly planner. Do you have a video or pictures of your your budget planner for 2018?
I have a video review! I use my DMP much more, so I don't have a ton of examples of the petite planner, I'm sorry!
Jen could you expand on “things to optimize” and “general account information”. What do you put on this page.
Thank you so much for this. It is very helpful.
Terra Shewmaker of course! Things to optimize is just going to be a list/working page for expenses we are looking to lower. General account information is like login and account number info.
LOVED THIS VIDEO!
Havent even watched yet but I am soooo excited for this! 😊 Getting my EC for Xmas!
Hey Jen
Can you make a video showing how you use or place the extra tabs in your planners/notebooks? And how you space them out? Thnx. Love the videos btw. Annick
How much does it cost for the extra 40 pages? Do you end up using all 80?
I love the extra pages in the middle. I didn’t add more note pages. I am still working on spreads for the back pages.
Hi Jen! I am completely obsessed with this planner. It's my second year using the monthly deluxe and I have to say it's my absolute favorite planner. I'm curious to know if while doing the baby steps and paying off your debt, did you still add money to a sinking funds account or did you only focus on your debt first?
Thrilled to see the new setup! I have just recently ordered my new E.C.deluxe monthly. Can,t wait for it to get here! now I know how I want to set it up. Thanks for being such a great mentor! I was wondering if there is anyway you could raise the volume on your vids ? I have a hard time hearing you most times even with my volume turned all the way up . keep up the good work and have a very merry Christmas! love from Alabama .
vivian davis I would be happy to but I don’t know how 😩 I’ll try to find a video editor friend to ask!
After your debt free and you have your 3-6 emergency fund. I would be interested in hearing other sources of where you get your budget information.
Part of it is education (I have business degrees that had plenty of finance courses), and I read everything I can get my hands on. I have a list of favorites here! www.amazon.com/shop/influencer-e7db133a
Hey there! Which size do you use? 7X9 or 8 1/2 X 11? Thanks!
wondering the same...im about to oder one but have no idea which size to get
Hi Jen! I have a question about first of year budget setup that I haven,t heard anyone on utube talk about. that is doing your equity tracking and asset management. Could you do a video on this subject? love watching your content keep up the good work! Happy holidays!
Excellent overview! Thank you for sharing!
Hi Jenn...what are the round, scalloped (are they stickers?) called and how do I find them at Erin Condren? Thanks!!
Where were you able to find the other tabs you added to your budget planner ? Or was that DIY
You have probably mentioned this on IG or here, but I cannot remember where. What type of pen do you use?
You quickly mentioned liking some other resources once you've established a budget and eliminated debt. Can you list some of those?
YES! All of these books I linked here! www.amazon.com/shop/influencer-e7db133a
Hey Jen.
Which format of the deluxe monthly do you use? The 7x9 or 8.5x11?
How do you track your spending for your ‘cash’ categories in your planner for groceries, fun money, gas etc?
I don't! My favorite part of using cash! I track how much I withdraw, and then I don't do anything after that. When it's gone, it's gone, and if I have leftover, I just keep it in my wallet.
Don’t know if you’ll reply or if someone else will...but any advice for someone trying to pay off a student loan but has to make monthly payments on it? I can ask for a 6month grace period but then they tac on interest in the mean time?? Trying to pay lump sums?? Any advice? BTW just watched this at least 5 times to organize my planner like your I’m just. Starting to budget this month going forward!! Love your videos!!
List your debt lowest balance to highest. Then just pay the minimum on everything except the smallest debt, and throw everything extra you can at the smallest. You'll pay it off faster and then can take the minimum+extra from the first debt and move that to paying extra on the next debt. That's the debt snowball! Hope that makes sense.
You're correct, interest will still accrue over a 6 month grace period! Take as much as you can and pay as quickly as possible!
Very helpful. Thank you!!!
Ugh really wish I had gotten this one instead of the petite one.... I would go ahead and order, but it takes SOO LONG to receive EC orders even if they aren’t personalized😩😥
you can get the basic one at staples no extra pages but it served me well last year
Can you post pictures of your inspiration pages? I'd love to see what quotes you used.
Yes, I'll share on IG!
Your handwriting is pretty
Thank you so much for doing these videos each year they are so helpful. Can you post a picture or two of your quotes pages when done so we can read them all and maybe adopt them as our own? Maybe on Instagram please?
What size planner do you use?
Really good tips! i've been having a planner for years and its good to have an open mind to do things different. Your way of doing it reminds of a passbook but in a fun way hahahaha... btw i switched from a deluxe planner to a life planner for the first time. I wasn't a fan of the new layout :(
I love your set up
noooooooo I was binge watching and I didn't know this was the last video. I am so sad lol
LOL! Adding more soon!!! Thank you for watching!!!
Would you ever be open to a conference call to review someone else’s finances? I’d really like to hear your take on how I could be managing more wisely!
Informative..tfs miss your videos..
Hey Jen, what kind of Health instance do you have since both of y’all are self employed
Stacy Exum we have a short term health policy! It does not cover pregnancy or pre-existing conditions, but that’s not a concern for our family, so we are lucky. I also save the difference between this and a full policy for medical expenses beyond what they cover - and I’ve had to use about half of it so far.
Would you recommend if the person have no health insurance to just save money every month just for medical expenses
where can I get the colored dots?
www.krissyann.com. small transparent dots...she has a few different sizes and styles to choose from
@@HaysTS3116 Thank you.
Question: So because all of your money is accounted for (sinking funds, taxes, etc)...do you "disregard" the checking account balance and rely on paper for your "true balance"? If so, do you log on often to double check your math or confirm your balance? I'm trying to figure out an option that works for our family. Thank you.
I don't NEED to, but I check it daily. I have caught mistakes a few times (wrong charges, refunds not posted, checks not cleared), and I am just in the habit of checking all the time. I'm sorry that's probably not helpful!
I find your videos so interesting and now a question occurred to me: do your sinking funds only exist on paper and you keep all your money in the same account or do you have different accounts for every sinking fund?
Lorelei Lee I’d like to hear more about this too please.
They’re all in one account!
She had a great tip in another video to put the sinking funds in a checking so it’s easy to transfer without penalties. Savings accounts have monthly electronic transfer limits. So simple, yet so genius!
Since I discovered you about a week ago, I have watched quite a few of your budgeting videos. They are so helpful and well done, so thank you! I have a question for you: You mentioned once that "experts say you should have X amount of money saved for car maintenance" or home maintenance. I have tried to locate a source for recommended amounts the majority of us would need in a sinking funds account. I know everyone will be different depending on circumstances, but I would appreciate getting a "rule of thumb" figure so I can have a place to start. I am in the queue for Dave Ramsey's book at the library. Does his book mention any of these things? Thank you!
Jeanne Schmidt I think his book does mention them. It’s also something you can easily find on google. He has free resources on his website. I think it goes by percentage, like “you should spend X % on Y.”
I will check it out. Thank you!@@clarissagottshall-french6960
Great question! Experts recommend $75-150/month per car (based on age and condition), and 1-3% of your home's value annually for home maintenance. If you live in a VERY high or low cost of living area, $1/square foot per year is another recommendation I've heard. We are right in the middle :)
Thanks, Jen. I just got Dave Ramsey's book on my Kindle and I will be setting up my finance planner, similar to the one you shared with us. Can't wait!@@JenPlans
Thank you for sharing!
Do you use the large Erin Condren Deluxe Monthly or the smaller size? What made you decide on that size?
I would add a medical tracker in your notes pages
ssarabia 212 I should have mentioned that in the video! I keep that in excel because there are so many and w deduct them all!
Interested to know how you track that in the excel sheet! And what do you track?
Do anyone have any other ideas for the year at a glance page? I am setting up my planner for 2019 and its the only page I have nothing for. I only have 2 sinking funds that come out quarterly, so I just include it into my budget. I want to use the space productively but can't think of any other uses. I did cover up the 2018 portion of the page by gluing on a blank piece of paper. ALL IDEAS ARE WELCOMED!!! Thank you!!!
It would be a GREAT place to track monthly goals! You could highlight or cross off dates for things like no spend, building up savings, paying a certain amount to debt!
@@JenPlans love this idea! My husband and I are working on new goals each month, so that's a perfect idea! Thanks!!!!!!
Maybe you can pass this along to EC change the texture of the paper in the planners. It feels ashy to me .
Zoom in
To much repeating of same info. I kept fast forwarding and still talking about the same thing. Sorry
Thrilled to see the new setup! I have just recently ordered my new E.C.deluxe monthly. Can,t wait for it to get here! now I know how I want to set it up. Thanks for being such a great mentor! I was wondering if there is anyway you could raise the volume on your vids ? I have a hard time hearing you most times even with my volume turned all the way up . keep up the good work and have a very merry Christmas! love from Alabama .