BBP REAL LIFE BUDGET | Multiple Jobs + Setting Budget Limits

It's time for another Real Life Budget. We asked my readers to submit their REAL information. Real spending, real debt, and real savings goals.

I am taking those real-life numbers and showing you how I would organize and budget that information using my Budget By Paycheck® Method.

In this video, I will be showing the real numbers from a reader, Sharon. Sharon is a full-time professor and a part-time nurse and is single with no kids living in Austin, Texas. Although Sharon makes enough money to comfortably live, she struggles with sticking to her budget limits.

CHAPTERS:
00:00 Introduction
00:59 Sharon's WHY
02:28 Sharon's Income & Pay Schedule
02:58 Sharon's Bills & Fixed Expenses
03:43 Sharon's Variable Expenses
04:15 Sharon's Debt Picture
06:06 Sharon's Savings Goals
07:14 Sharon's Budget Using The Budget by Paycheck Method
11:53 Conclusion

ABOUT ME

YOU CAN FIND ME AT:

GET STARTED

[NurseProf]

Thank you Miko for helping me!! When you went through my budget, it seems so easy! There most likely IS spending and I have started the highlighter method to see where the overspending is occurring because honestly, I don't even know which is truly sad. I can do this and I WILL do this!!

[xiomaragomez]

When working on your budget you must include other expenses like cosmetics, entertainment, eating out. Even if budget for those categories are $20 or $30, they help you change your behavior in spending and give you control of your money. She can do it.

[nellie]

HUGE red flag that there is no personal/ shopping/ eating out envelopes. That means all of this spending is done freely and is very hard to track. I would encourage her to create an envelope with her name on it, put $100 a week in it and stick to it. If this is hard, you found the issue

[stefsonabudget]

I love the real life budget videos and I love the little bloopers! This is such a great budget. If this were mine I would add some “spending” to the variable envelopes as well. This may help her feel like she still has some fun money and could keep things from becoming to restrictive. Especially if there is overspending happening. Just having a 100 for spending in this budget still helps her have lots to send to priority savings and debt.

[KimEsCreations]

I love seeing these real life budgets. ☺️☺️

[leticiavazquez]

Hello Miko! 😊 real life budget like these are awesome to watch. You make things so simple and effective.

[amandac]

I just recently discovered your channel and I’m SO glad I did! I wasn’t separating my money or budgeting anything, but when I did, I realized how quickly I can pay off my car and be completely debt free. THANK YOU so much for taking the time to not only make these videos, but also create a system to help people. It’s truly incredible ❤️

[archie]

Hi Miko.. I am dedicated watcher of your Real life budgeting videos and this one specifically struck home. I have the same thing, where I am secure enough in the starting of the month and then by mid of the month, I have guilt, insecurities and not sure if I will have to dig in my savings that I haven't categorised yet.. but I am doing the bare bones budgeting for now... it sure does help.. and bless you😁😁

[uqrkhxj]

Thank you so much! It’s so hard to find budgets involving other nurses. I wasn’t taught as a kid either about money. Sometimes our job is so stressful that we overspend or at least I’m talking about myself

[pattycov]

Miko, this is a great budget to highlight. It helps viewers to see that you have to create a realistic budget that includes everything. Unless you are tracking your spending, you don't actually know where your money is going and where to close the gaps.

[jeniferj]

"my budget has my back." LOVE THIS!!

[gulserocak]

Once you face the reality, you become a warrior … 👍🏻

[eduardhorst]

Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed returns. Also do proper research and invest with the right approach. Stocks, real estate, Hedge funds and ETFs are good investments as well. Good and profitable investment can help you pay off your debts

[KourttneyL]

These videos help me so much. I am almost done paying off my CC debt!! $2300 left to go!!

[MicahRion]

These are my favorite videos of yours.

[eobrien]

Love your videos! Thank you for inspiring me to continue on my plan to get my finances in order. I was on a plan when I started watching you, but your method of taking the shame out of money has helped me keep on that so much! I just paid off my last $1, 200 of my debt last night & am now debt free 🙌🏼. I am now in the process of getting an emergency fund together.

[starrchick]

I truly hope she enjoys her journey towards financial freedom and got this like a boss! ❤️

[Txgirl-ttym]

Love your videos! So happy I found you. I am so tired of living paycheck by paycheck. 😔 I also live in Austin and in an apartment so cost of living is what has been the struggle. Ready to get debt free.

[valeriebabbe]

This one brought to light some area in my budget I might what to look closer in my family budget. We have enough money to cover our monthly bill but these time life happens and we need to tap into our savings.

[thesaltyhomemaker]

Totally need a Miscellaneous or "Fun Money" envelope to get control of random purchases!