Channel: The Budget Mom

Category: People & Blogs

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Description: Ryen & I are talking about our May 2021 budget numbers! Not only do we show where our dollars went, but we also discuss our failures and what financial goals we were able to accomplish. In this video, Ryen shows you what her budget looks like without car payments and the progress she is making on paying off her student loans. I am being honest about going over budget and getting off track with my normal financial routine. What do you do with your budget after the month is over, and you’re ready to begin a new month? Most people don’t realize it, but your spending throughout the month gives you some incredibly helpful information. One of the first steps to creating and sticking to a realistic budget is tracking your expenses. Your spending is the underlying foundation for creating a budget and ensuring that your budgets in the future are successful. If you are not aware of where your money is going, you can’t make the best decisions for your dollars. Today, I am going to show you how to extract all of the vital information from your expense trackers using the "Where Did My Money Go?" Worksheets. CHAPTERS 00:00 Intro 04:29 Budget Category Breakdown 09:48 Debt & Savings Breakdown (Miko's Investments) 13:19 Monthly Spending Comparison 16:46 Conclusion & Miko's Favorite Summer Activities ➡️ HOW I TRACK MY SPENDING: bit.ly/3aIe89I ➡️ HOW TO USE A BUDGET CALENDAR: bit.ly/2IzF2Vj ➡️ FINDING YOUR WHY: bit.ly/3aJUryj ➡️ THE BUDGET MOM'S FINANCIAL FREEDOM STEPS: bit.ly/3cfJXsp ➡️ HOW TO GET STARTED WITH THE CASH ENVELOPE METHOD: bit.ly/2vQJaO5 ➡️ HOW TO CREATE A PLAN OF ATTACK TO PAY OFF DEBT: bit.ly/2wDETxF ABOUT ME I'm the blogger behind thebudgetmom.com. I have a rambunctious 6-year-old son, live in Washington, and I'm passionate about helping people with money management and personal finance. Let me know what you like to learn more about! Leave me comments and suggestions on my video and let me know! YOU CAN FIND ME AT: 📝 BLOG: thebudgetmom.com 📘 FACEBOOK: facebook.com/thebudgetmom 📸 INSTAGRAM: instagram.com/thebudgetmom 📌 PINTEREST: pinterest.com/thebudgetmom GET STARTED ➡️Start Here: thebudgetmom.com/start-here ➡️Free Email Course: bit.ly/2UYgNFf ➡️Free Resources: bit.ly/2PDmTHz ➡️GET 10% OFF my popular Budget-by-Paycheck Workbook - Coupon Code TBMYOUTUBE bit.ly/2CR7U9n