I would love a series where you circle back and check in on these people and how they are doing now with their budget, savings goals, debt repayment ❤️ amazing video. Thank you!

@ceeleereed

Жыл бұрын

Me too!

@alizuzy

Жыл бұрын

I was just thinking about that :) and I saw your comment :)

@screenqueenlucy123

Жыл бұрын

She did do one video I think checking in on a woman and her husband they done really well from her advice 👏 x

@budgetwithdoughva6849

Жыл бұрын

Agreed! This would be amazing to see if they stuck to their budget ❤

@marlettjvcb

Жыл бұрын

Legit the only reason I was gonna comment. Lol 👏🏼👏🏼👏🏼

I love these real life budget planning. It makes me look at mine and see what else or better I can do.

I’d encourage her to check out free coding resources online, like W3 schools, for example. They offer free tutorials on programming languages like Python, Java, and C, plus other things like HTML, CSS, AND SQL. When she’s ready, she can take an exam (for a fee) to obtain a certificate (or certificates). The cost is significantly less than the coding course would be. Saying this as someone who looked at a coding bootcamp through a well-known university, but it would have cost well over $10,000. I’m going this route instead, encouraged to by my software engineer husband.

@kat-oe7gb

Жыл бұрын

I hope she sees this, because these schools tell you anything to get your money and when u graduate you cannot get a job.

@alethlumagbasboniol4473

Жыл бұрын

❤👍

Another great Real People Budget. This is a great example of how splitting up your payments, properly, can afford you to split up your paychecks to better accommodate your bills. I struggled with that in the beginning. Now, we're a month ahead and our due dates better accommodate our pay schedule.

The coding course seems incredibly expensive given there are other online coding courses and certificates you can take for far less.

@calydeiscope9043

Жыл бұрын

Wondering if this is because of her location?

@lynettemillhouse8452

Жыл бұрын

@@calydeiscope9043 Nope. The only thing that can really make that difference is between the needed certification and an associates degree.

Diane you need to look into applying for some educational scholarships ASAP. There are always a lot of programs for single Moms, especially tech. Miko has given some amazing tips. Don’t let them fall on deaf ears!

I would suggest that she waits until after she moves and maybe extend out another 12 months before she buys a car. New York has good public transportation. Car insurance is very expensive and off the street parking is not cheap.

Great suggestions. Sometimes it just takes thinking it through with another person to get it all figured out.

@AlessioRastani1.

Жыл бұрын

Thanks~>for watching and commenting, reach out to Finance Josh with the wat'sApp number above for a business investment plan that will change your financial life!

Thanks Miko! I'm trying to balance debt payoff, savings and investing so it was helpful to hear your recommendations on how to approach balance between goals!

@melanieshipley3133

Жыл бұрын

I am pretty sure that she and most financial advisors would say pay off debt before worrying about investing because you are not going to earn in interest in your investments what you are paying in interest. Knock out that debt after you have an emergency fund and then you can focus on saving and investing

I would never rely on child support. If they are offsetting his refund, the lump sum could come…or he could have been smart enough to adjust his withholding and she gets $0 as he no longer has a refund coming. Sometimes it’s a “one and done” type thing once their refund gets offset the first time.

@thebosshouse

Жыл бұрын

This! I've worked with men who got lower paying jobs to avoid support as well. That's not reliable at all. 😬

@madalynnr9940

Жыл бұрын

She's been a single mom for 12 years it's highly unlikely that it would be a one and done thing at this point. She feels it's reliable enough to include, and considering that she excludes her freelance income because it isn't reliable I think she knows her situation.

@kellseitrendafilov688

Жыл бұрын

So it is possible for someone to not pay child support? That’s insane to not take accountability and so sad.

@thebosshouse

Жыл бұрын

@@kellseitrendafilov688 Yeah it's possible, just like some people don't pay their taxes. The government usually catches up to them eventually, but it can take years.

@yellowdressbookstore6602

Жыл бұрын

I dated a guy who illigeally had HALF of his wages garnished. One week after garnishment he only recieved $200 for 40 hours! He was forced to work under the table jobs an additional 30hrs a week to make ends meet

So happy to see these coming back!

I would call that 10,000 the emergency fund and NOT use if for a coding course. She could probably get scholarships to cover at least some of that course. Also - 20K seems really high for a medical coding course (I assume that's the coding we are talking about?) - most would be around 3-5K. There is alot of extra she could cut in the budget for a short time (less than a year) - get rid of eating out, beauty, Spotify, KZread TV (you can get regular KZread for free), vacation savings. I have never spent $700 for a birthday - children will be happy with a simply fun celebration and simple gifts. $150 for a planner? Target sells beautiful ones for like $20. I would go bare bones for about a year and knock out all the debt. I personally did this for over 2 yrs and paid off 6 figures of student loans.

@NinaDreams81

Жыл бұрын

The coding course is most likely a computer programming course. There are a lot of coding bootcamps that cost around 20K. The problem is that some boot camps are scams, so I hope she is doing her research. I'd rather do the free courses online. I'm a software engineer, and there are a ton of good free resources.

@NinaDreams81

Жыл бұрын

Also she looks to be in pretty good shape financially to be honest. I don't see why she has to panic and pay off the debt ASAP

@arthrodea

Жыл бұрын

@@NinaDreams81 AHhhh thanks - that makes more sense for the price.

@yellowdressbookstore6602

Жыл бұрын

A pilgrant will pay for most of her college bc she is very low income!

Good luck to Diane! This was a great video. I feel like I can relate in a way as I’m also from NYC. Love your content 😊

what would happen in her budget once her student loan repayment become due again?

Idk how I was not subscribed all this time but im subscribed now. I have your book 'My money my way' soooo, why I wasn't subscribed beats me.

No mention was made of an emergency fund or savings. Is she supposed to be dipping into her sinking funds for that? Those should be separate from sinking funds.

@kellseitrendafilov688

Жыл бұрын

I was wondering about the emergency fund too

A real life situation with a single mom! Love that

Buying a vehicle, buying a home, and moving to another state don't seem to be realistic goals given her income and location. She's benefiting from some low income benefits (e.g. rent) so she should continue to utilize those. She should focus solely on the coding course and eliminating cc debt.

@BugsyB1979

Жыл бұрын

I wonder if the expenses associated with a car are worth it.

@yellowdressbookstore6602

Жыл бұрын

​@@BugsyB1979 The parking alone! Ouch

These are my favorite videos 🤗, helps me figure out my own situation!

This was very helpful. I would like more videos that show this type of example of trying to decide which goals to save for when they are all around the same time line.

This was the first one of these that I’ve seen and it was incredibly useful and well presented. Thank you so much! I look forward to learning more from you and being able to get your planner system. Brilliantly done. Greetings & appreciation from London. 😊

@powerpuff4ever

Жыл бұрын

The thing I love about watching this channel is you don’t even really need the planner. I’m sure she appreciates the support but she doesn’t bar off any of her tools or pages within her videos and you honestly walk away from the channel with a full budget management system that you can track in a notebook or spreadsheet. I just seriously appreciate the transparency here

I would love to see a lot more of these real life budget videos. I love them. It’s so helpful.

Great Job. Real life budgets are so helpful!

Yay, Budgets are my favorite.

I really love watching these. These help me out so much

Great budget except I would split the rent and some of the sinking funds, especially groceries, between the 2 paychecks. It’s very easy to spend cash in the beginning of the month and be left with zero in a few weeks.

I love it! I agree about the coding course!

Just wonderful the way your able to breakdown something that looks complex to a very comfortable step by step process.

I would love to see the live rich planner and the budget by paycheck digital versions in a GoodNotes digital planner with a landscape and portrait layout.

Thank you for sharing. Another great idea to implement. Thank you

I really appreciated this video and would love to see more on the same topic. Thank you!

Greetings from England 🇬🇧 looking forward to watching this 🤩

Yay!! I love these videos! Thanks for making them for us 💛

Love these videos!

Thanks for the post!

You are awesome. Keep up the good work.

Thank you for this series 💝🌺 👌

I am in the negative. I have a mortgage, i know i need 2nd income. I want to find another. I work full time , sometimes i am required to be on call, plus i have coughing fits. I want to improve no more struggles. I am looking for simple budget ideas, but I am the deer caught in the headlights when I think about budget, jobs etc.

You can ask any internet provider if they carry a package through affordable connectivity program. It's not just spectrum so I suggest asking!

Great budget!

Love it 🥰🌺🤙🏼💜

helpful planning

Awesome🙂

How do you catch up when you are behind on bills? Which ones do you focus on? Gas, electric, water, internet

@lynettemillhouse8452

Жыл бұрын

Electric, water, and gas in that order. Unless the internet is necessary for school/work, drop it for now. Set up fixed monthly payment plans. That saved me plenty of times when my electric skyrocketed. Then pay a little more on the highest till they are all caught up.

@BugsyB1979

Жыл бұрын

Can you contact the companies and see if they can help you get a better rate and/or some payment assistance or plan? You can also check with other companies and see if they can offer you a better rate. I need to do this too.

@yellowdressbookstore6602

Жыл бұрын

211 will offer you assistance and maybe go on food stamps for 2 months to shift $300 from food to utilities.

@lekeshahill2477

Жыл бұрын

@@yellowdressbookstore6602 I make too much money for food stamps 😢

@yellowdressbookstore6602

Жыл бұрын

@@lekeshahill2477 If you have Late on a bill 211 will pay it for you

Thank you for this video Miko:)! I'm not sure if I missed it or you didn't mention whether to pay the student loan while there is no interest or to wait for the forgiveness to be approved?? If anyone knows please comment, thank you😊💛

@erinbond6030

Жыл бұрын

Great question - I’m wondering the same. For my personal situation, I’m holding off on paying. Though it’s in my budget for July. Since there is no back pay interest, I’m deciding to put my income to better use - savings! And that way the money is there to tackle the loan debt if it comes time.

Does she have an Emergency Fund?

I would love to hear more on debt forgiveness- I want to apply but I am worried because I don’t want to be scammed.

Miko I love these Real Life Budget series. I may have to send mine in, I am floundering. Thank you for doing these.

I’m in Canada 🇨🇦 I ordered your yearly budget books. I would love for you to take a look at my money. I’m struggling

I’m assuming the emergency fund is fully funded since there was no mention of it

Hey are you selling the live rich planner as a pdf only? I’d like a physical copy

What about paying off school debt?

Hi! I still haven’t received your budget planner?

The Chase payment on the budget of $57 is less than the minimum payment of $68

@vvvkelly2009vvv

Жыл бұрын

the $50 was under "Extra debt" (right column). The $68 was already taken cared of at the beginning (Expenses on the left column)

She doesn't have an emergency fund?

I also live in New York I live in the Bronx she can lower cell phone by more than 50% by switching to Boost Mobile. I am paying $40 a month and that includes unlimited talk, text and data

@jomar9024

Жыл бұрын

I would put the car goal on a longer time frame. Because it is more than just buying the car. Insurance is very high & off- street parking is very high. New York has one of the best public systems of Transportation. Right now I don't think that she would utilize her car enough to justify the added monthly expenses. It's better to wait til 12 months after she moves...imho

How can I go about having you help me create a budget?

OMG tell her that there are cheaper alternatives for a coding course then paying 10k!! If it's medical coding, I do that, and unless you want an associates degree, the total cost can be less then 4k!

@calydeiscope9043

Жыл бұрын

I think someone else here noted that it may be for computer programming and not medical coding

@lynettemillhouse8452

Жыл бұрын

@@calydeiscope9043 Ah, that would make more sense then. 😀

Is their someplace I can’t print off those budget papers?

@michelew8313

Жыл бұрын

Check in the free resources section. I think that's where I got mine.

Love your videos! I buy hair to make extensions if you ever decide to cut it. I pay according to length :)

Does she have an emergency fund? That would be a good thing to have.

MIT has free coding courses (as do other schools I’m sure). Please don’t pay for the certificate! Nobody will ever ask you for it, and you’ll still have to prove your skills in an interview process anyways!

😃😃😃

😀💞

💜💙💜💙💜

So if she has $10k saved why not pay off chase immediately??

😢🤢🤢🤮🤮🤮🤮🤮 🥚🥚🥚🥚🤰 40 tho?🤢🤢

Diane with your skillset you might want to consider looking at getting skilled up in Salesforce using Trailhead which is free. You might be able to pick up more freelance work. Lots of opportunities (especially in higher ed).

Why does the taxpayer have to subsidize her life in so many ways when she spends money frivolously?

How would I go about requesting a real life budget series for my budget ??@thebudgetmom

Are you a single mom ??

Basic plan kzread.infojsq1dpUAcaU?feature=share