If it helps anyone, when you're getting the percentages, instead of counting over the two decimals, to get your percentage just multiply by 100. Ex. Money spent / total income × 100 = your percentage in that category.

@jadzia2074

3 жыл бұрын

😊 thank you

@zariah5679

3 жыл бұрын

ty!

This is the first time I truly understand how to complete these pages. Thank you Miko!!!

Finally Miko, I just never bothered with those three worksheets until you walked me through it because I'm a visual learner. Keep the videos coming they're very helpful and take care.

I would love to see you and Ryen filling out your workbook pages together, live. Just spread out at the table, start by adding up the trackers and talking about what you're doing and why. Is that something you would think about doing?

I seriously love the budget planner you have designed, it is so clear thorough and easy to visualize. I don’t currently have the money to buy the planner but have made a rough version in a spreadsheet and after building the discipline to stick to it I will likely buy one. Physically writing something on paper with a good pen is just a better experience than typing.

@ashleelong5974

2 жыл бұрын

I am in the same boat. Check out her website she has several pages for free.

I love this video so much! 🙌🏼 Also, the reason your budget was off $2 is because you’re start balance was actually $2103 instead of $2105. 😎 so you had a perfect budget actually!!

@phylicianguyen6063

Жыл бұрын

I thought I was going crazy! I was doing my math with Miko LOL

@amberstuart1836

Жыл бұрын

@@phylicianguyen6063 I was even thinking, it's just $2. But then I saw her sticky note said $2103 and she had wrote down $2105 to calculate her final budget and that's how I caught it lol.

I'd love to see another closing out the month more recent! Maybe with Ryan this time to see how she does it and extra tips she might give! I love your videos! Tfs ♥

Yay! Finally a video I’ve been waiting for. This gives me a better understanding of how to close my budget. I’m always off when I close my budget.

Love your videos!! New subscriber, I've been binge watching your videos like a TV show😅 you've uplifted me and put a fire under my ass about my goals and finances, thank you!!❤

@tarellbain1436

2 жыл бұрын

I share the same sentiment Never focused on my finances like this always said I'd start next month and never did.

Ty so much for sharing this. Some how this makes so much sense! I’ve been following you since March, slowly watching all your video here, IGTV, reading your blog and doing the email course. I’ve learned so much so far and I think this one is the best video I’ve watched so far (or maybe it’s because it’s all making sense as I keep watching and keep doing it). Ty for your guidance! You are so helpful, thorough and inspiring!

Thank you Miko for doing this video. This is exactly what I needed in order to close out my budget. It was so overwhelming but this step by step keeps it simple. ❤️

Best video ever! So helpful actually seeing and going through the process. I have the printable workbook and can’t wait to pre-order the upcoming workbook. Your channel and workbook has been such a blessing in my life. God bless you!

Could you do an update on this with your monthly booklets? This is very helpful but just a little bit different and I think an updated step-by-step would be incredibly helpful! Love your videos!! Excited to see what I can accomplish financially using this system!

I love all your videos, but this ONE....OMG....amazing and so helpful!!! i now fully understand how to fill out all the worksheets!!! thank you so so much for everything you do!!!

This video is so incredibly helpful! I re-watch it each month before I close out my budget. Thank you, Miko!

Thank you! I’ve been searching for an older video you had like this and could not find. I’ll save this one!

Thank you Miko for this video! It’s going to help me a lot! Your the best

I just started using your "where did my money go" worksheets and they have been incredibly helpful. Things I thought I was spending a lot on, I am not and it is helping me shift my focus on the categories that need more attention.

@ayannafraleymoore5265

4 жыл бұрын

my life in moderation YES, those worksheets are a budgeting game-changer!

The breakdown is so helpful! I am so grateful for all that you (and Ryen And your team) are doing! I’ve always wanted to get more specific with an ACTUAL budget and this is the first time in my life it makes sense and is realistic (2nd month in with the BBP download). Thanks again - you truly have a teacher’s heart !!

so many helpful tips here! I had been getting so bogged down when my numbers were off but am going to try to just keep going! Thank you!!

This video is the “missing manual” I’ve been looking for!! I needed help with all of this. Thanks so much!

Love your videos! I giggled every time you said "incoming income."

This was a fabulous breakdown!! Will definitely need to re-watch again and will get easier the more I do, but LOVED THIS!!!

This video helped me understand exactly what to write on the trackers that come before January (bill tracker, yearly spending overview). Initially I had written out each bill and sinking fund on a separate line on each of the trackers. What a repetitious overload! I've now reworked my categories and what I list on each tracker. THANK YOU!!!

I needed this thank you. I was getting all turned around. I'm going to sit down with the video tonight and close out my June budget thank you very much

Yes! It’s work that’s so worth it. I personally get a lot of joy and feelings of accomplishment with this system. I am learning and still not all that successful every month. My goal for the month of July is consistency! 🙏🏾

I miss these types of videos from you!

Watching your past videos so I can understand fully how to use the boxed set. I can’t wait for it to come in!

This step by step is super helpful. Thank you!

Thank you for going step by step on how to close out the monthly budget 😊😊 I'm now understanding more on how to do it. Feeling excited for the end of October.

Love the detailed steps!! Look forward to these videos every month

@ayannafraleymoore5265

4 жыл бұрын

Gina Doucette I do too!

Anything takes long when you first start and don't know what you're doing. Consistency gains speed. Thank you for the video

As someone who works in accounting, it's the same idea but just for yourself, very helpful to stop and look at your budget.

Your thorough videos have taught me how to use the budget planner in increments, so I don't get overloaded by the new info. Where I'm at, it feels a lot to track every expense on the envelopes and then write similar info in the expense tracker. But, after watching how you close off the month for your costs, it makes sense to do so for mine. I, too, would like to know visually that my money is moving along the way I have planned. Thank you, Miko, for the encouragement and the help!

Really enjoy and love watching your videos 💕 💙💜

I look forward to these close out videos every month!

So helpful. Thanks for sharing!

This was so helpful to watch as someone trying to wrap my head around this method. I have started the track your expenses part of your course and preliminary budget but I was so overwhelmed. This really helped break things down for me. I will definitely be watching this over and over again!

I love your video.... very easy to understand and thorough!! Thank you!!

Thank u I am a low income monthly budget and I have learned to much by watching ur videos. I'm so happy I found ur channel.

Awesome video! 🤦🏾‍♀️ now I can start using those pages!

I love that you made this video! It's nice to see the process of closing out your budget, rather than explaining it after you already did it. :) One thing I do differently is the Monthly Debt & Savings income...on that page, I put my actual income instead of my income + starting balance. It just makes more sense to me to do it that way.

Brilliant show and tell, you should teach in a school!!! Honestly you are the second person who literally explains step by step 🌻 My Mother taught me many years ago. I’m in my 60’s and I live a very frugal life and Dave Ramsey is the way to go, Cash is King 👑.

Would you consider doing some videos about starting a small business? You have made your own so successful! (Not asking for your trade secrets! Just some things you might've learned along the way!)

I just went over my spending and realized last month I spent $1000 in groceries! that is insane! I kept saying how broke I was but duh! my money was going to food! and $400 on eating out! I feel so dumb! hopefully October will be better now that im tracking it!

@MsSusieStone

3 жыл бұрын

Are you doing better with tracking your expenses? I would be so nice to hear that it helps you 😊

Yeeeeeees , so exited !!!

Very good. It shows so much. Thanks for sharing.

Thank you for this video. I think I will now be able clues out a month. I started your system back in March and have yet to be able to close out a month

this was sooo helpful. Thank you.

From now on I'll roll over my left over money into my sinking funds. Thanks for that helpful video

Handwriting this certainly makes it more concrete. I love my excel spreadsheets, but I’m considering switching to paper...

@Elizabeth-uj8vn

2 жыл бұрын

I did the paper then switched to spreadsheet and now I’m switching back to paper bc I can see it better on paper than my small screen. I keep missing bills thinking I wrote it down.

This video was super informative! Thanks for doing this

just got subscribed, I love how you plan and organize. 😊

Thank you! Very Helpful!

So much helpful information, I ordered your book last nights. Excited

Wow this interesting . It’s almost a year to understanding all of this ...... I have look at so much budgété on KZread . But really I like méthode

This video was SO helpful!!!

This was great! Thank you!

Miko after you calculate percentage, multiply by 100 to get percentage. This helps avoid guessing or mistakes.

Ordered my budget by pay check book! Can’t wait 😃

I love your envelope holder!!!!

Thank you for this video. It has been very informative. I am just about to start your workbook. I feel I need some sinking funds now.

I love this! I currently have your Live Rich Planner from last year and bought one for next year as well! I LOVE IT! Looking at adding your Budget By Paycheck when It comes out as well! I’ve never enjoyed budgeting as I do now with just the live rich planner! I am looking forward to diving deeper and doing this with each paycheck as well :) THANK YOU

This video helped me understand better how the workbook is done.

I REALLY hope you consider doing another video about this. I just can't seem to understand how to do this. I am a cashless spender and use credit cards. I may be complicating it more but I do pay my credit cards with no interest every month. PLEASE consider doing this again!!!

I enjoy watching your videos 😀

I was not able to close out my June budget due to the passing of our middle son - I had lost the desire to be on budget and just didn’t have the desire to care about much but then came July and I started back on track and found that even though I didn’t do well last month I was still able to put a few dollars aside to savings to make up what I had to use for last month situation. It was then when I realized even when I am in a bad time in life I was able to financial see it through thanks to TBM. I am praying that I can get back on track completely soon

@JenniferJones-im5im

4 жыл бұрын

So sorry I cannot im9

@GUACHARN

4 жыл бұрын

Omg Im so sorry for what you are going through 😔

@vyball701

4 жыл бұрын

So sorry for your loss. Sending you prayers, hope you are safe and healthy during this time of uncertainty. No amount of words can be enough, but please know you are in my thoughts and prayers. Also, remember to take care of yourself and your own basic needs. Bless you dear

This was so helpful.

Thanks for all the información

Thank you Miko, I have to stop getting side tracked close to the end of my tracking period, that's when I see errors the most, my budget not coming out to zero, and trying to adjust from budgeting from the 1st of the month to the 30th or 31st, but now exactly as I get paid from the 10th of one month go the 10th of the next, it just seems so long and then I get🤪 mixed up!! Haven't got the knack of it just get, but it is a progressive learning process I know!!🤦🏿‍♀️🙆🏿‍♀️

Would love if you could do a video showing with paydates that don’t end in a month so like the 10th & 24th & how the bills from the 1st to 10th would be tracked

@GUACHARN

4 жыл бұрын

Thats how i get paid

Thank you for going through your closeout process with us. It makes it much easier to understand. Could you talk more about the budget planning process each month and how you handle rolling over cash in your envelopes? You mentioned in this video, as you were working on comparing budgeted numbers to actual dollars spent, that you budget $x toward Pet, but that you were over because you had rolled over cash from the previous month. Do you not take into account those funds that you've rolled over? How do you notate it on your budget? Thank you so much for all of your videos. This method has changed our lives!

@GUACHARN

4 жыл бұрын

That is my exact question above!! Ive been at this for almost a yr now, and was not including the cash I have left from 1 month and rollover into next on paycheck bill tracker page

@amandavelong83

4 жыл бұрын

I have the same questions you do!

Thank you.

Introduced your method and your site to a instructor at my gym. He and his fiancé just bought a house and getting married next year.

YAY!!! YAY!! YAY!!! I am only off by $3.70, from October's ending balance (after subtracting my expenses from my income) which is my November starting balance!!

I have been using the notebook all year but I have not completed these sheets yet🙄 December I’m gonna get it done!!!

Gracias, por la explicación, aunque a mi nunca me sobra nada.

So glad to see this! Just starting here and these worksheets were a bit intimidating! Can you also show how you do your expense tracker worksheet? I noticed u have Walmart for example, do u save receipts and highlight and separate Walmart beauty, Walmart pets? Do u do it as u spend it (daily) or do it at the end of the month? And how do u tie the expense tracker back to your budget by paycheck bill tracker and envelope pages?

Miko, I hope you do another video like this with the updated BBP!! PLEASE DO!!

I highly recommend the savings challenges. So helpful and makes it fun. Will there be an option to get the life planner in the printable version?

Should we track direct deposits into 401k and insurance payments in the expense tracker?

Thanks for this video. I always have a bit of trouble working this out. Still a bit on the debt sheet for where did my money go. Soo... that filofax tbm wallet?

Question: if I buy the printable version will I have an option of what size to print it out on? I have a classic size folder I can use.

I get that it is easier to round up when calculating totals...but that wouldn't really work if you round up on every entry for the checking...would it? It would show you had more money than what was in there? Or am I figuring that wrong? I'm trying to hard to absorb everything. I don't do any rounding for my budget...looks easier to calculate but I think it not being exact would give too much room for error.

Could you please have the steps written down and then provided to followers for download with visuals or examples included? There is alot of steps and information here.

Just a heads up... your closing budget on the last page you did was $6000 something not $5705. On your previous page you wrote $6000 something. I know you we’re copying from one page to the next and I would want someone to tell me if I did that. I wouldn’t want your next month totals to be off with comparisons from this month. I love watching videos like this.

@tracyb9978

4 жыл бұрын

I think the difference you are referencing is what she used as her starting balance for July ($1000 in checking and $230 carried over in cash envelopes).

@Elizabeth-uj8vn

2 жыл бұрын

Ok Karen 😂. Sorry couldn’t help myself 🙏🏼

Where can I find the organizer wallet like binder for cash enveloopes?

Thanks for the tutorial! This is much appreciated. What brand are your TBM pens? The grip looks like something I have been looking for. You should add them to your shop!

@thebudgetmom

4 жыл бұрын

I'm not sure what brand they are :-) TBM Pens will be coming to the shop, just not these exact ones

What do you do with the old cash envelopes? Since you enter the end of month transfers onto the worksheet, why do you also do that on the envelope at the end of the month? Do you keep them?

I’m trying to find the organizer wallet you are using and I can’t find it in the mint color . Do you have a link of this wallet organizer by chance ? Thank you!!!

Can I ask why you use different envelopes every month? What do you do with the old ones?

I’m also closing out my June Budget right now haha.

@ayannafraleymoore5265

4 жыл бұрын

Priscilla Me too!

I love this page but how would it work for bi weekly budgeting?

can you do a video for someone that gets pay bi-weekly??? please! I understand how to do a paycheck budget, but I don’t understand how to close monthly if you get paid bi-weekly

@sabrinaverigin3508

4 жыл бұрын

I suggest you go back and watch her videos from a couple years ago when she was doing multiple paychecks a month! 😁 there are a lot of helpful tips in those

@chiknlittle

4 жыл бұрын

You’ll determine YOUR budget period, which is up to you. Whether you want that to be the 1st day of the month to the last day of the month, or you could do it the first paycheck of one month to the first paycheck of the next month. Then, you’ll close your budget when your period ends. Again, your budget period ends when you decide. I get paid biweekly as well, so my last paycheck each month is actually my first paycheck for the next month, so my June budget ended the last week in June, rather than right before July 1st. Does that help?

@ElishaaLi

4 жыл бұрын

I’m not positive if it’s on youtube too but on her IGTV she does a woman’s real life budget and its a biweekly paycheck! It goes through the whole process of how to set it up!

@chiknlittle

4 жыл бұрын

Elisha Li ryens budget is also biweekly

@Juliang12345

4 жыл бұрын

I get paid weekly and I’m still trying to figure it out 😫

Can you tell me where you get your monthly budget book and monthly expense books with the inserts please?

When do you fill up the “actual” on the bill tracker sheet?

I’m a new subscriber, and you just blew my mind! I just purchased 2 of the workbooks … one for me n my daughter. I to was wondering about those pages. Now I kinda understand….. until I dive in, I’ll have to keep watching your videos! Awesome concept and vital how n where the money is going from your household!!! Very happy I found your channel!!!

When is the preorder available for the 2021 BBP? I’m super excited to use the spiral bound (this year I’ve been using a 3 ring binder).

@jadiecakes3241

4 жыл бұрын

september for pre-order, available in october :)

I just started really watching and paying attention to your videos recently. So, I am curious, you don’t have a rent or mortgage payment? I see you crossed out debt, that’s awesome!

Tip # 4 for saving your money, before buying anything in a store don't be afraid to ask the store employee for a discount, if they say that they are not authorized then ask to speak to someone who is like a supervior or manager, if you don't ask you don't get.

@candy2325

3 жыл бұрын

Bruce Boyles unless they are having a promotion/sale or the product is defective why would anyone get a random discount for an item?

@bruce5895

3 жыл бұрын

@@candy2325 Good question, I will try and give you an answer, sales are down in the store and they want them up, end of season and time to move them out, your offering to buy more than one of the same product, we are in a depression and money is tight and stores are closing, they have an overstock of the item and need to clear some out, your a good customer and they appreciate your business, its a returned item, your paying cash and not charging it, comparing prices but no price match, you ask for lower price, personally I have got discounts from thirft stores, hardware stores, clothing stores, service people, appliance stores, car dealerships, motels, picture framing places, auction houses, garage sales, insurance companies, auto repair shops, alarm services and sometimes I get the stuff for free and all you have to do is ask for a discount. Everybody is after the buck and thats the way its been for years and years and its not going to change as things get worse. You see as the consumer you have got to know that you have the upper hand, and as we go through this depression people are going to be desparate to sell their stuff because they need your cash and they have a good reason to give you that discount that you are asking for, sometimes I set the price that I am willing to pay especially if its a big ticket item, that works too. Always pay by cash and you will get the best deal. You just have to have faith and try it.