THE PAYDAY ROUTINE THAT'S CHANGED MY LIFE! MASTER YOUR FINANCES DO THIS WHEN YOU GET PAID & SAVE BIG

In this video, I'm sharing my updated payday routine to help you take control of your finances and achieve your financial goals. Whether you're looking to pay off debt, save for the future, or simply improve your financial well-being, this routine is packed with practical tips and strategies that you can implement right away.
Please note, this is not financial advice, I am not a financial advisor.

Things mentioned:

From budget breakdowns to prioritising savings and managing expenses, I'll walk you through each step of my payday routine and explain how it can benefit anyone, regardless of their income or financial situation. Plus, I'll share some insights into tools and resources that can help you track your finances more effectively.

If you're ready to transform your finances and set yourself up for success, then be sure to watch until the end and take notes! Don't forget to hit the like button if you find this video helpful, and subscribe to my channel for more tips on achieving financial freedom.

My Amazon store is linked for you here with everything I recommend for home, storage, fashion, skincare, cleaning, travel and more

You may like my budgeting tips and money saving ideas videos -

♡ S O C I A L M E D I A ♡

My Budget Best Life FB Group is free to join and is a really supportive community of budget friendly people!

Lots of love, Lara x

All of my music is from Epidemic Sound:

The links above could be affiliate links, which means if I have inspired you to make a purchase and you choose to buy something through one of these links, I may receive a small commission on the sale, as a way of thanks. It makes no difference to you as a buyer or the cost you pay, but I may receive a small compensation from the brand via rewardStyle or Amazon etc.

The information discussed on this channel is for educational & entertainment purposes only. It should not be considered advice. Please do your own research and I encourage you to seek professional tax, legal, and financial advice, before making your own actions and decisions.

All notes believed to be accurate at the time of posting but not guaranteed.

[pamelawalton]

You know I went from being a head in the sands around managing my money to this being my 6th no spend low spend year, in the beginning I was living paycheck to paycheck I earn a minimum wage but just by understanding where my money went and how to use it better to implementing lots of the advice in the video my financial circumstances have gone from having just about keeping myself out of debt, to having a healthly buffer anyone can do this my mantra is a wise woman builds her home start your journey today xx

[snapdragon]

Sinking funds have changed my financial life. I thought I was money clever, then I discovered sinking funds, and I now feel I have moved from the dark ages into the light!

[sinkintostillness]

I feel like credit score is a rubbish tally to measure personal finance. Mine won't go up any more because I'm not borrowing what I deem unnecessary funds.

[lynnhensley]

I have 2 accounts for sinking funds at one bank and a credit union in the USA. By paper and pencil I have these funds divided into 12 or so sub funds for annual expenses, vacation, house or yard items, and an unexpected expense fund. I have a set amount for each fund monthly but can change around as needed. This works for me best over a computer model. Then monthly I put my expenses/budget and funds on a spreadsheet. The main thing is I look at it daily. I check my credit score weekly. As a retired family we have to live within our means so this keeps me on track.
Thanks for your video. I just discovered your channel.

[EmmaPlanPrettyPlan]

So glad to have found you/ this video. 🇬🇧 Nice to have someone is UK based!

[snapdragon]

I have 2 types of emergency fund. One is my 3 x months worth of basic expenditures in case we are unable to work due to something like redundancy or illness. The other is for actual emergencies such as car breakdown, burst pipe etc

[vickiuridge]

Thank you so much for all your tips and help. I've just recently found you on YouTube and I've subscribed. I've started the pay yourself first budget and doing sinking funds. It has helped so much. I'm not very computer friendly so i write everything down. Thank you once again 😊❤xx

[jennydawson]

Hi Laura I really enjoyed this. I’ve been watching you for a while now when you were just trying to buy your house I feel like I’m in a fortunate position with my finances but I’m not making them work for me as well as they could plus im 53 so now I’m looking at retirement and making the most of the life we have. I’m gonna start simple this month and just write down what I’m spending because I know I’m wasting money.

[ecologist_to_be]

My credit score is finally excellent. It used to be poor!! I've paid off about 20 grand in debt whilst on a low income. It's been a hard slog. All I need to pay off now is a washing machine I'm paying monthly on an interest-free payment plan.

Personally I don't invest. I can barely afford to save money every month for an emergency fund and sinking fund.

[traceybeaumont]

A video on finances later in life would be so useful. Many people don’t realise you have to fund your own care and how much they need in pension pot to fund the life they expect to be living/what age they can afford to retire etc

[cherylverber]

Much prefer these style vlogs what I followed you for in the first place. You both have come so far and were so savvy and now you are reeping the seeds you sowed. Great vlog today 👌

[helenford]

This was really interesting. I save each month but havent really thought about the different ways to save to maximise the pots. Its something ill definitely look into now

[mandynuttall]

Thank you Lara, I watched a couple of your older financial videos last night and you really inspired me to get to grips with my money once and for all. It's a new tax year starting so a great time to make a fresh start xx👍👍🥰

[bbodalski]

I need all the advice and guidance as I’m leaving teaching this year so start a new adventure….that is still coming together

[kimclegg]

Thankyou so much for taking the time to give us some good advice/tips
Hope your feeling better too🩷😊

[savvyshopper]

Great video. Thank you. And where do go for for your ISA, is it PLUM as well? Thanks so much.

[archkod]

Didn’t know about premium bonds - I buy lotto tickets by debit (my only vice) at £40/month so canceled that and opened up premium bond £40/month. I am newly retired and am trying YNAB for budgeting as it links directly to accounts. Will be opening either a ISA or SIPP - Thanks

[sabahatnaheed]

you makeup is on point. what foundation do you use please?

[kimberlywaltman]

I absolutely love your shelf set up behind you! Beautiful!! I long to have this lol but plants are not my strong suit 😂 I’m learning though lol

[georgiamudfudge]

Hi Lara, do you have a walk-through video for your Monthly Budget Tracker? I want to see how automated the pots figures are and if they automatically deduct from the itemised payments/spending section. I already use a spreadsheet but its rather manual and wondering if yours would be more automated and therefore quicker and less prone to my human errors.