Budget vs. Your Actual Spending

I get asked a lot what the difference is between the "Budget" & "Actual" columns in the Budget By Paycheck Workbook.

I am a paycheck budgeter, which means I create a budget every single time I receive a paycheck. When you create a budget, you are using estimates based on what you think your expenses will be. Essentially, you should be planning ahead.

In this video, I break down the difference between your budget and actual spending. There is a significant difference, which could leave you more money than you think in your budget.

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[cuidamosporti]

No Dave Ramsey, No Kiyosaki, you are the one than have save me from all my credit card loans.
You don’t know me and you don’t know how much have you helped me. Really thank you!!!

[marilynvega]

I am an essential worker and right now your budget book has been so amazing for me and my family I lost my other income so i have been needing to budget very carefully to make sure we have what we need. For the past year your budgeting skills and your budget advice have been amazing to me. I started with the downloadable book before you even had an actual book and for Christmas my boyfriend got me the budget book and i was extremely happy. I am so thankful that i came across your channel i paid off 17k of credit card debt in one year and i also now only owe 4, 200 on my car loan. Working in this pandemic i am so glad that budgeting is in my life i couldn't imagine how things would be right now if i didn't know all of these skills.

[kimthatsallyouneedtoknow]

I got frustrated and gave up even trying because it seems so many random things come up that I might as well just throw the bulk of the leftover to a misc category or something or we have to travel back and forth due to hubby's job and we never know how much we're gonna spend on gas or food and it's SO OVERWHELMING. Maybe I'm trying to be perfect but I want to pay stuff down but I feel like I have to hold onto what's left for all the unexpected stuff plus our stores have been bare and grocery shopping has been tricky. Sorry for the rant but it's so overwhelming every time I try. I love your workbook though. I have both it AND the printables!

[Havanah]

When you can’t sleep at 1247am Sunday morning and TBM releases another YouTube Vid yah!! Midnight watches 🤣 Brisbane, Australia 🇦🇺

[aliciarivera]

Love how she can explain everything in sections for us! Thank you to TBM!! I’m a health care worker and I’m so bless I found you before all this craziness happened... since my husband lost his job I’m glad I can still manage to take care of my family on only one income.... thank you and god bless!

[lifefaithfamilywithshandap]

Thank you. This explanation really helps for a better understanding of where the budgets. I am often in the red and trying to figure out how to change that!

[andrealewis]

As always perfect timing, finishing my May budget🧐🧐

[Its_mso]

You got me into budgeting!!! Thank you for saving my life and finances.

[ginajohnson]

I get sooo happy every time you post a new video! I'm either learning something new or getting a good reminder on what I should be doing to reach my financial goals.. love it!!

[FamilyFinance]

I love watching how detailed your budget is 😍

[CleaningAway]

I love watching your videos. It has helped me get on tract these past couple months. The beauty of it is I can adapt it to me. We don't do cash envelopes, but I can take the same concept and do it electronically.

[anap]

This video is so helpful. Thank you. I'm still trying to figure out how to use the budgetworkbook. Thank you.

[BeingAngelaMonique]

Your channel just saved my life, I'm going to binge watch you and turn my finances around, THANK YOU!!

[elijahnw]

You have helped me create my budget so much! I can’t wait till that book becomes available.

[Black_wolf_.]

Omg THANK YOU this is my very first time doing this n im so scared to fail or give up. But i will learn. Thank u again for this video!!!😘😍

[TheOrganizedMoney]

Great video!! I love expense tracking...

[joypainter]

I love listening to you while I'm driving and then watching the videos when I get home.. ❤❤

[janishaperry]

This has really helped me. When I budget, I round up also but I don't account for the extra money from the actual. I'm going to start writing it down. I downloaded this paycheck bill tracker a few days ago and will be taking full advantage of the actual column. 😊

[vitzaniadominguez]

Using your actual budgeting examples and information is a beneficial aid; thank you!

[doogieRN]

I need to watch this when I am near to closing out my budget for the month and think about what is going on or what has happened in that month I am preparing to close out. As I find near the end of the month if I budgeted over what I actually spent and there is money left over I am not using my money wisely to put it towards my goals. I actually did this though one month and was able to pay off the last credit card and now I am debt free!! BUT now in order not to overspend when I do have a good month and stay within my planned budget, I need to focus on what it is I have been wanting to save for, and I think that will be separating some savings to specific accounts at my financial institution for a car maintenance, house maintenance and an emergency fund, for now. Needed help to think this through, thanks Kumiko!