Money Morning Routine | Weekend Spending Update

Money Morning Routine - September 30, 2024

Tomorrow, I close out my September budget! The first step is getting my expense trackers fully updated and figuring out what I want to do with any cash that I have left in my envelopes.

I also wanted to note that it may seem like my morning routines take a long time or a lot of time. It doesn't. If I wasn't recording or explaining my steps, I only spend about five minutes a day on my finances!

Fetch Rewards is the app I use to turn my shopping receipts into free gift cards. Sign up for free with my referral code (WVQFM) and we'll each earn points when you snap your first receipt.

ABOUT ME

Kumiko Love empowers women everywhere to regain control of their financial lives. An Accredited Financial Counselor with over nine years of experience in the finance industry, she founded The Budget Mom, a community of millions of women on a path to financial fulfillment.

She's also the creator of the wildly popular Live Rich Planner® and Budget by Paycheck® Workbook. Love has been featured on Good Morning America, the Today show, CNN, CBS, ABC and in USA Today, US News, World Report, Huffington Post, Money Magazine, Parents Magazine, the Washington Post, and Real Simple. She lives in Spokane Valley, Washington.

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[berneserainbow]

Keep these morning routine videos coming, Miko. They are super helpful. It's those small things like how to categorize transactions like the food expense you used your misc. envelpe for, that confuse people.

[MonicaKincaid]

On my Miko this is helping me so much! I never documented any miscs expenses as what I actually spent it as🤯this is good.

[CynthiaVicario]

I love your honesty and transparency . Your statement, “ I don’t even want to look at it “ really hit home and yet after the weekend and getting back at it’s like rolling up your sleeves and making a decision to get it done . It’s what keeps us accountable and the outcomes are far more beneficial. Thank you for inspiring and teaching us .🙏👏🏽✨🙌🏽💵

[arasarelyg.]

Thank you for that! Yes! I had that happen yesterday…. Unexpected visitors and taking them out to dinner!!! Thankful for my misc. envelope 😊

[cynthianieto]

"Yes, I did, Yes I did" that made me giggle. Love it!!

[EE-insu]

Thank you for your honesty. I'm only going to hurt myself (and Future Me) if I pretend certain spending hasn't happened to keep a category lower than is really happening. I need to act like a grown-up and either cut spending in a category that feels outta control (for me, it's buying things for my classroom!), or do a better job cutting other places so this category can happen as it's actually happening. No surprises.

[thebalancedplanner]

miko, my mom died in my arms on Aug 12

i am so sorry for your loss

for the first time-because of your morning videos-i am budgeting using your planner

can’t wait for the new ones i ordered to arrive ❣️

[michellemorales]

I had $0 spending this weekend. My Hubby took $100 cash for a guys fishing day, and I cooked their food before they left.

I bought lunch today, so after that entry, I can close out the budget tonight! 🎉🎉

[Rezze]

I would love you to do a video collab with Frugal Fit Mom about budgets!

[avelinakelley]

How do you track expenses that you put on your credit card (to get the points). For example, I spend $100 on Amazon for gifts & $30 at the grocery store today. Then next week I pay my credit card $130. The $130 is what will show on my bank statement on the day I pay it. Do I enter it on my expense tracker the day I made the purchase or when I paid the credit card? And if it's the day I pay it and the $$ comes out of my account, I assume I would put in 2 lines...one for gifts and one for food. Correct? This always confuses me.

[SharnettASL]

Are the budgeted amounts for each category the same every month?
Also I paid some expenses today and they probably wont get cleared/posted before the 1st, should I track it in the new month?

[libbysworld]

Girl, no judgement whatsoever! Please tell me you're using the McDonald's app to get rewards! LOL Great close out!

[allanahhatcher]

The Mc Donald's transaction in your BBP needs to be changed from $22 to $28.

[TheBohemianStyle]

Do you keep, your old budget books? I’m thinking of tossing them because it is the past, and I like to keep things at home simple.

[ellejay]

Help Miko! My last paycheck for September was the 27th. I’m unsure how to budget this as I don’t know if this should go towards September’s budget or October’s budget. Any tips, please? TY in advance.

[mirandascriven]

Question. So I was paid on the 9/27, would I use the budget by paycheck for October month since that paycheck would mostly go to October bills? And track it for October expenses ?

[MrsMillion]

do you still sell the mini workbook box ?

[GBTTD]

Chipotle was $39 not $49. McD's was $28 not $22.