Tag Archives: saving

Beat Budget Burnout (Before It Starts)

How do we avoid getting budget burnout? We focus our attention on the things we DO care about, more than the things we DON’T. It’s not a perfect system if you struggle with spending, but so far it’s worked for us!

Check out these other awesome YouTube channels!
Budget Girl: https://www.youtube.com/budgetgirl
Mike and Lauren: https://www.youtube.com/user/MikeAndLaurenTV
His and Her Money: https://www.youtube.com/user/HisandHerMoney
Lydia Senn: https://www.youtube.com/user/highfivefourthree21
Annie’s Simple Life: https://www.youtube.com/user/Anniesimplelife
GazelleInTents: https://www.youtube.com/gazelleintents
The Former Mrs. Jones: https://www.youtube.com/user/theformermrsjones
TheNotSoOrdinaryWife: https://www.youtube.com/user/TheNotSoOrdinaryWife
Jessica Ashley: https://www.youtube.com/channel/UCc9v6vQSntnR7Ux9dREM-tA
Pennies Into Pearls: https://www.youtube.com/channel/UCw0Peuah9Gmb184cW_syhNA
Life with Sarah: https://www.youtube.com/channel/UCZnczIS3k6jO7cv1WQPKDFg
Marriage&Motherhood: https://www.youtube.com/user/JayDyann
ImperfectMommyChaos: https://www.youtube.com/user/ImperfectMommyChaos

Asking Mike for PERMISSION to Buy Things?

I’ve been asked the question: “do I need to ask Mike for permission to make purchases?” In this video I discuss whether it’s important to talk to your spouse about every single purchase they make. Ultimately, we might have uncovered a much bigger idea to discuss another day.

Radical Personal Finance interview – https://goo.gl/G7E0D6

Analyze Your Spending | Fix Your Finances

How to use mint.com’s “trends” feature to analyze your spending and fix your finances! We are only looking for problem areas in our budget this video, not tackling creating a budget from scratch.

Next week we’ll start outlining sample budgets depending on where you are at financially. It was too much to fit in one video.

We also share a couple of quick tips for calculating how much your savings could be worth in 10 years:
Mr. Money Mustache Article https://goo.gl/H54L0e

Monthly Expenses: MULTIPLY by 173
Weekly Expenses: MULTIPLY by 752

What Do You Mean Retire Comfortably?

When people ask “how much I need to retire comfortably”, most of the time they imagine traveling the world, staying in fancy hotels and golfing at the most luxurious resorts.

The question we’re asking is, are you willing to trade your freedom for that level of comfort?

Rather than save 1-5 million dollars for a “comfortable retirement” we are shooting for financial freedom. From there we can decide what truly makes us happy instead of trading the next 50 years for a a little luxury.

9 Simple Ways To Start Saving Money

If you’re just getting started budgeting, here are 9 simple ways you can get started saving money.

1. Make coffee at home (we cold brew).
2. Buy generic medicine and food.
3. Borrow eBooks from the library.
4. Downgrade your internet speed.
5. “Pre-game” before going out to bars.
6. Sell one item on craigslist, right this minute.
7. Don’t speed (fuel economy and tickets)
8. Make your own household cleaners.
9. Shop the perimeter of the grocery store.

Have any more tips to share? Leave a comment below!

3 Biggest Budget Busters

Some people seem to think we live in a cardboard box and eat ramen noodles to save money. In this video we talk about how we save money in the 3 categories that people spend most of their money.

According to the Bureau of Labor Statistics, the average household spends $1400/mo on housing, $750/mo on transportation, and $550/mo on food.

We make up a lot of our savings in these three areas by being flexible on house size, driving only one car, and limiting our restaurant eating.

Food is still a work in progress for us, but we’re getting better.