CASH ENVELOPE + SINKING FUNDS STUFFING| LOW INCOME | MAY 2021 PAYCHECK #1| TAYLORBUDGETS

CASH ENVELOPE + SINKING FUNDS STUFFING| LOW INCOME | MAY 2021 PAYCHECK #1| TAYLORBUDGETS

Heyy 👋🏾 thanks so much for being here! In this video, I’ll be stuffing my cash envelopes, sinking funds, savings challenges, and introducing the May Flowers Challenge from BaddiesnBudgets (OhMyFro Budgets on YT)!

🚨 DISCLAIMER:: Oh by the way....at 13:22, I said "Don't worry"! I was honestly talking to myself about supporting small businesses, because I feel like I've been slacking when it comes to #supportingsmallbusinesses. I just wanted to clarify that, so it doesn't come across negatively in any way.

🌟 SHOUT-OUTS 🌟

💞 TO ALL THE MAMA’S OUT THERE! HAPPY MOTHER’S DAY 💞

Budget Journey Start Date: Jan. 28, 2021
Debt Amount: About $132K
Budget Method: Zero-Based Budget (The Budget Mom inspired)

Follow me on INSTAGRAM:: @taylorbudgets

Want to earn money from scanning your receipts?!
✨✨ My FETCH Code 👉🏾👉🏾 YDJJ5 ✨✨ ((earn 2,000 pts when you use my code))

‼️ I am now an AMAZON AFFILIATE! Any links down below from Amazon…I do get a small commission from you purchasing through my link, but it does not cost you anything extra 😘 ‼️

🔽 P R O D U C T S I U S E 🔽::

Rae Dunn Inspired Cash Envelopes: ETSY SHOP: CreationsbyChantinge

Sinking Funds Labels: ETSY SHOP: SimplySignsbyKM
or use Code: TAYLORBUDGETS for 10% off until end of year

📷 I N S T A:

👩🏾‍💻 W O R K W/ M E:

🎵 MUSIC COURTESY OF EPIDEMIC SOUND

ABOUT ME:: 💁🏾‍♀️

Hey 👋🏾 I'm Taylor. I'm 26, a single MAMA to a beautiful baby girl; I work part-time and am a GRAD STUDENT (master's degree in Clinical Psychology; hence the amount of debt 💆🏾‍♀️). I have less than a year til I graduate.
I started really paying attention to how much I spent once I realized I was living paycheck to paycheck, and couldn't justify where all my money went. I finally sat down, tracked my spending for two months, and was like WOAH! 😩 I was spending so much on Amazon and eating out; it needed to stop.
I wanted to find ways to save (although I had already been doing that), but save more and start paying off student loan debt early! But how on such a LOW INCOME?!
It's possible!!! So here I am, taking you along my journey to being DEBT FREE, and saving for my daughter and our future!
I have BIG GOALS and I'm going to reach them all! In Jesus Name! 🙌🏾

#cashenvelopestuffing #sinkingfunds #lowincome

TIMESTAMPS:
00:00 Intro
0:56 Unstuffing Cash Envelopes
3:17 Coin Challenge/$1 Savings Challenge
5:22 Extra Debt Payment
5:55 Let’s Count This Moneyyyy!
7:26 Cash Envelope Stuffing
10:30 Sinking Funds Stuffing
19:35 52 Week Challenge
20:56 May Flowers Challenge
24:09 Capital One Savings Accounts
25:16 Outro

[TaylorBudgets]

Hey beautiful people!!! Thanks so much for watching; I really really appreciate your support 💜💕 if you have a prayer request, please leave it down below in this comment! Thanks 🙏🏾 I’d love to pray for you!

[helios]

A tradition passed down from my mom is to save all my change and every day put it in a jar. Just before Thanksgiving we have the coins converted to cash and pay for our Thanksgiving meal. It never fails to provide for us.

[allisonmarie]

I love this because this is more realistic for me than someone who stuffs 2k each paycheck.

[emilysandoval]

I love that youre showing how realistic being a single mama in school on a low budget is. 🙌 you got this!

[ElizabethSarah-clsc]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!
Very inspiring! I love this.

[monika]

I am an Econ teacher and this is seriously something I would show my students!

[shandranewell]

I started saving more by asking for restaurant giftcards for HOLIDAYS bdays etc. That's how I eat out and pay nothing 🙂

[sunshineinthewind]

Hi Taylor! Hey everyone! 🤗
QUICK TIP: I also have a coin jar, I wanted to share something I just learned... Please check your quarters and dimes before converting to cash. Look at the date, if it's 1965 or older it's real silver! 4 quarters made out of real silver is equal to $15 instead of $1! 🤯 Mind blowing right ❣

[cozygerudo]

So jealous of everyone who is learning about this while young 😭 I’m in my mid 20s so still pretty young but in a lot of debt, living paycheck to paycheck so I’m trying to learn how to do all this stuff. Probably gonna watch all your videos this weekend because I need to get on this!!!

[arielleparker]

I just love how crisp those dollars were. I could cry 😭

[Gilles]

This is such a tried and tested proven method, my wife and I have done this for over a decade now. We always have to stick to our budget and when the envelope is emptied, we just wait until next payday. Keep up the great work.

[TH-pnnm]

YES!! SO READY FOR THIS VIDEO! You're teaching me how to budget at 17 and I am obsessed

[jazzcbudgets]

Emergency fund and 3-6 months of savings?! Okay, I am definitely behind! You are goals for sure!!!!

[brunamichelly]

Wow I’m so impressed on how well she made 370 go towards so many important things. I’m so happy I found her channel, I’m definitely starring this now. Great job Mama!

[meganthornton]

Thank you for showing a realistic smaller income budget! Most of the "small income" videos are still larger than my biggest paycheck so it's nice to see one that I can actually use to help me with my own budgeting journey.

[jodyjansa]

This video is the first envelope system video to ACTUALLY make sense to me! You might have just saved my life as a law student living entirely off of student loans 😩🙌🏻

[bixierin]

You’re truly an amazing mother! Having college savings for your child is probably one of the greatest things you can do for her, and I promise you she’ll be extremely grateful to not have student loans. My mother did it for me, and I haven’t been able to thank her enough for it, and seeing her hard work became motivation for me to keep pushing myself to excel, especially at school. It’s so beautiful to see you investing in her future. 💕

[alizaallen]

You are a great influence on us young adults just getting out to the world and learning how to manage our small yet impactful paychecks from the small part-time jobs while we're in college.

You're such an influence, we love and appreciate you❤️❤️❤️❤️❤️

[aaliyah]

I’m 15 and I’ve been so interested in budgeting I literally can’t wait! I’ve grown up from a family that pretty much always had no money for anything so learning how to spend my money wisely has been so nice and I can’t wait to budget thank you for these videos <3

[IamallthatyouarePURPOSE]

Just found your channel and GOD I’m ready to cry at how divine this is! So glad I was led here! So grateful for YOU!