How to Close Out Your Budget Every Month

You hear it time and time again. TRACK. YOUR. SPENDING.

So you sit down, and you track where every dollar goes in an attempt to be more aware of your spending habits.

The question that comes up is, "Now what?'

You have all of this data. You did the work. So what do you do with it, and how can it benefit you?

Here's how I categorize my spending, accurately track my savings and debt progress, and how I END and BEGIN a new month for my personal budget.

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[lucyramos]

I am so happy that I stubble onto your YouTube channel. This is my new goal for 2019. I love how you explain step by step and show how you do it. I am also a visual learner. I've just watch your other 3 videos. Thank you so much. Your video will be my go to.

[michellemorales]

MIKO!!!
I remember your very FIRST YouTube video! Super proud of you and this journey! 🎉
💙💜💙

[lquivers]

I’m going to have to look at this like ten more times before I can get all this down. You do a great job 😊

[mauniep]

This video came at the perfect time! I JUST closed out my month and wondered how to use those other sheets. Thank you!

[jennaedwards]

Yay! You have changed my life! ♥️ Nothing else has ever worked for me until I found your insta a couple months ago! You’re the best, Miko!!! ❤️

[brittanymathews]

I have watched ALL of your videos idk how many times. I just love you and proud of you and your success!!! You're truly an inspiration and I'm starting my budgeting journey really soon! I just purchased your envelopes and can't wait to put it all together and organized!!! ❤❤❤

[BeingAngelaMonique]

These are the classes we needed in school!!

[egreen]

Oldie but goodie! Haha! Glad I stumbled across this! 🥰 A lot has changed in almost 6 years!

[PrettyRyanTravels]

i like the video but it was confusing with the flipping back and forth between cash tracker and bill tracker. nice use of the highlighters.

[missheeyah]

Hi Miko,
I love that you share so much information! I'm loving the Highlighter Method and find it is so much easier to look through and look for certain transactions on the Expense Tracker! I love watching all of your videos and IG stories! I'm a beginner at budgeting and just love to absorb all the information! I'm currently just focusing on getting into the habit of keeping track of all my transactions! You've really been an eye-opener for me! Hopefully one day I'll get the hang of the whole budgeting process! :D

[renaesutton]

Too funny.... they use to call these check registers but now with checking accounts not even having checks those are I am still old school - and still use check register to do what you are doing on these worksheets. I categorize all on my paycheck budget and the only extras other than planned in my budget is the actual amounts spent for gas, pets and groceries so I only track those figures at the end of the month. thanks for the info on how you finalize your month you gave me some additional ideas.

[melindabanning]

This is the part I have trouble with... I have married a spender and we are struggling to figure out our budget. I believe if he can see the numbers he will get where I am trying to be and I know this is the only way to really see how we are spending. Thanks for the video.

[jessicadavis]

So very thank you!!!! As a Stay at home mom with debt of my own, I have a side gig that is unpredictable how much I will make. We rely primarily on my husbands income! It will be interesting to get everything down on paper to see what we can do!! I may need a class!! like a one on one!! LOL

[marylnantoine]

Congratulations on the new house very blessed to you and your son I am new to your channel congratulations and many blessings from God

[andreaisenschmid]

have been waiting so long for your youtube channel hehe! thank you so much for sharing your knowledge🤗

[victoriag]

b. mom you have helped me to hold on to more cash and a good perspective of my financial situation. your the best.

[classycaffeinated]

Thanks for sharing your journey I am going to try your method it makes the most sense to me I have failed a budgeting and your videos have inspired me to try again 🤓

[JolenEE]

So excited for your channel!! I have followed you on Instagram for awhile now and you are such a inspiration

[KateMiller]

I’m so excited for this channel!! Can’t wait to implement these new worksheets and hit the ground running in 2019! Thank you for sharing your visuals! ❤️❤️

[pdxoregon]

Subscribed after watching about 10 minutes of this great vid.