How I budget, save, & invest my money *super detailed*

One of the reasons I struggled so much with money in the past is because no one ever actually sat down with me to show me how to stay out of debt, save, invest, and just overall be good with money. And that's why I wanted to do this video.

You can think of me kind of as your best friend or your big sister, just sitting down to show you all my stuff so you can get some tips for how to better manage your finances!

TIMESTAMPS
00:01:05 - How I budget
00:08:15 - How I save
00:11:55 - How I invest

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***THINGS MENTIONED IN THIS VIDEO! 👀***

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***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

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***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can't live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)

High-Yield Savings Accounts (don't settle for 0% when you can get 4%+ on your savings)

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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SAY HI ON SOCIAL! 👋🏼

[benmugunbey]

Great video. My wife and I are both immigrants from a 3rd world country and are very unfamiliar with stuff like this. We are in our 40s and are just starting to get a grasp on our finances. Hopefully we can give our kids the head start they deserve. Thank you!

[CathAlexandra]

Automatic transfers to savings are the way to do it. I never miss the money, and the accumulation always surprises me. I spend less if I think I earn less.

[TamaraGodina]

great work. My husband and I started seriously investing only 15 years ago after we paid off our house. For the last 10 years of those 15, we have put in the max allowed in our 401K's. having a paid for home allows you to really accelerate your savings rate. The earlier you begin to seriously save in your 401K, the quicker you will be able to live off of dividends.

[ITSCHANELSWAY]

I was once your Uber driver in Dallas. I’m so glad I met you, thank you for such great inspiration and I love your content. Thank you ❤

[miamiairgaf]

Reframing the mindset around budgeting to “yes” instead of deprivation is super helpful! ❤

[juangalvan]

Thank you sharing your personal finances. Thank you for throughly explaining your investment categories, too. I’ve been following you for a few years and I’d be interested in a monthly status report on your financial journey. I think it would help us all be held accountable. Rose, you’re the best. You’re making a difference! 🤗 ❤

[TheahLil]

Hi there! definitely please keep doing net worth updates, budgeting - everyone likes to see the real numbers and how the reality of making goals happen works!

[fasteddy]

Very informative video! My wife and I have a cash fund in our budget! I take out $200 a month and it’s put in a container. You’re allowed to take $40 a week and use any way you want. If you want to stop by a coffee, candy bar or donuts for the family. When this money is gone, that’s it till the next month. If there’s any money left over stays in the container for the next month. Now this is all for small purchases.

[rwwmpew]

YESSSS for a Monthly Money Diary Series! I love how you continue to bring financial transparency for us to help us stay REALISTICALLY motivated on our financial independence journey.

[Nuancesofnancy]

I absolutely loved this! I’m 20mins of uninterrupted content, I gained so much insight on financial 101. A lot of ppl share snippets of this in short form content, so it’s hard to piece together the pieces. I enjoyed how you walked Us thru it and showed actual numbers.

I would love to see this as a monthly series for reinforcement and accountability. ❤

[hfortenberry]

This was great! Yes, I'd love to see this as a monthly series! You're so inspiring! Thank you!

[dustyatchison]

Yes please re: making this into a series! Your transparency, thoughtful explanations, and clarity is so helpful for those of us trying to get to where you are. Thank you for your content!

[OperationFoodieComa]

PLEASE continue with the series! Just listening to your thoughts and reasoning behind doing what you do really does help when considering things for my own financial journey. Also, it steers me out of the direction of making extra mistakes that I don't have to.

I love your channel. I always know im going to learn something when you upload.

[randydaugherty]

Rose, great content and it's good to see you posting regularly again. After divorce and starting over it was your videos that encouraged me to get started again, opening my accounts at Fidelity and starting my journey over. I wish you the best in everything and would love to see this become a regular content from you. Take care and stay safe.

[rhondavlogs]

Love this format with super helpful info. Thank you for sharing Rose!

[Madchris]

The honesty and detail in which you put out this information is nice to see. Its cool to see how others budget

[JarodDavis-rofb]

I love doing the spreadsheet. Me and excel are besties. Just typing in the next set of values and watching all my little algorithms adjust everything is just another level of satisfying.

[calisongbird]

I absolutely loved this video!!! I've saved to my YouTube "Financial" folder and will be watching again and taking detailed notes. Thank you so much, I love your content. :)

[clevonic]

Thank you for being straight up and honest on what you have and how you make it all work.

[ecmclaughlin]

I would totally love a monthly series. Thank you for this. So helpful!