The Right Way to do a Monthly Budget

The Right Way to do a Monthly Budget

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[alexacox]

I’m a family of 4. (4 year old and 2 year old) Our grocery budget is $300/month. We don’t spend money on kid activities. We do free stuff—parks, library, play dates. We ask for zoo memberships as birthday presents for the kids. We just budget $50 for eating out just for the random nights where we don’t cook and get a pizza. We use Visible so two cellphones is $50/month. We don’t have any paid subscriptions. We use Tubi and YouTube and deal with commercials. 🤣 Our frugal living has helped us to paying off $42K in debt, cashing flowing my two births, and paying off $42K off our mortgage in the last two years! I’m thankful for the Ramsey team!

[kwalter]

I have a weekly budget on Excel that I update daily have done this for the past three years, and it has changed my life financially

[denisekelley]

I fully support giving and helping those in need, if you are overbudget and paying off debt, why in the world would you give $500+ to charity and have someone work a second job? I would give my time and volunteer instead of giving money I don't have. When I have more money time give/no debt then give financially.

[candy]

One thing that’s helped my budget is buying in bulk for food and always having a list! I plan the meals I want to make and buy it in bulk and I always have leftovers. Helps me from having to run to the store every time to get something. I check my pantry and fridge to see what I have left and use up anything that needs to be eaten before I buy.

[davidmilhouscarter]

6:01 If they have a car payment, then they do not need to see the inside of a restaurant unless they’re working at the restaurant.

[frankbatista.official]

I love talking about budgeting. One thing that I love to talk about with my clients is having goals. Most of the people who can't stick to a budget are those who don't have any goals or objectives. Always have goals for your money guys. LOVE YOU RACHEL. Love your

[reverselee]

I'd love to learn about this part time job that pays $25 an hour. That's way more than I make at my full time gig.

[zjbnmuj]

The Budget Girl is on fire 🔥
She knows EXACTLY what she’s talking about

[eileenstuffs]

Great video. The zero-based budget is changing my life. Have been doing it for about a year now and can’t imagine ever going back to not budgeting.

[TalkToMeDay]

If you're intimidated by making a budget: deep breath and do it anyway. You could miss an item or two, but just add them in and adjust. Iterate and make it better, and pretty soon it'll be second nature AND you'll find peace in having a job assigned to every dollar!

[dianaa]

Please do more budgeting videos with EverDollar. Include sinking funds for expenses that are either paid just a few times a month on a schedule (like auto or home insurance) or just at random times throughout the year ( such as household items), changes to the budget mid month, savings funds types, transfers between funds, etc. just need more practical tips for budgeting and using EveryDollar.

[The_forest_tales]

Wow! Just few hours ago I thought that it would be nice to have a monthly budget detailed video from you, and look what is here!
Thanks a lot for your lessons ❤

[unfairsanic]

Im using every dollar everyday on my savings, it really helped me alot and save alot of money, thank you rachel

[melaniebergshoeff]

I’d love to hear how you suggest saving 3-6 months of expenses in todays inflated market/economy. When we became debt free in February by March in Canada inflation was already skyrocketing and any money we had been using to pay off debt was going to our ‘four walls’ because cost of living has jumped up by at least 50% here thanks to carbon taxes, inflation and other tax increases. There is no extra for savings. There’s barely enough to stay afloat. I thought being debt free would be more fun. 😢

[jaypal]

Nan, my grandmother, taught me how to budget when I was a young kid. Iv made BIG mistakes with money mostly getting into major debt. But the one think that had always kept me a float is sticking to a budget to make sure bills are paid

[thenewwayhome]

Very detailed and informative. Everyone could easily follow these tips! Great work!

[carolinagrace]

Love your channel! So inspiring! Happy Fall!

[laminage]

I do it this way. I calculate all of my Bills for the Month then when I get my total, I divide it into four because I get paid Each Week. I take an amount and put it into my "Other" Account so I don't touch it. Then when it is due I can pay it. Some are already debited from my account like my Car Registration Bill and at the end of the month I pay my Bank Charge Services. I live in Canada so the bills are slightly different.

[bobbyn]

I really like this and I 100% support giving. That said, if there is that much of a deficit and we are trying to cut costs, why would one not give a little less until able to give more? The deficit was ~900 and 500 of that was giving. I am not saying not to do those other cuts in spending. Still do those but cutting the giving to a smaller amount in this example would drastically help. Just my $0.02

[tylerj]

I do a weekly (mostly) static budget. I average out everything for the month between 4 weeks. If I have leftover money for the week it goes into my miscellaneous expenses savings account.