Will give it a go this week. Personally know of a family who uses this method and it works well for them. Onto their second investment property now.

seriously my favorite new channel

I wish I was taught this when I was younger.

Hey Daniel, everyone here

Dude keep posting. Found your channel yesterday and have watched every video. You are bringing a ton of value in theae videos. If you keep it up your account is going to be huge ! Thanks for making these

@NextLevelLife

6 жыл бұрын

Thanks for the support! I'm glad you are getting value from the videos 😃.

@iTiM50

Жыл бұрын

He did keep making videos and he did get huge!

Hello, comments section! What did you think of the video? Have you tried this budget before? If so, what did you think of it? Let me know! If you have any other budgeting methods (or finance topics in general) you want me to look at feel free to leave a comment so that I can add it to my list! If you want to support the channel you can do it and get FREE Audiobooks and 2 Audible Originals with a 30-day Free Trial of Audible here: amzn.to/2zEFqhT Also if you enjoyed this video and want to see more videos like this you can check out my budgeting playlist here: kzread.info/dash/bejne/mKtkqq6qlpDfpM4.html

@1221silken

5 жыл бұрын

I always keep my lunch budget in cash or else I go way overboard.

Very informative. Thank you

Is there an envelope to account for the increased spending on envelopes if you need a new set every month (if you track your spending my writing on them during each month)?

I just realized it’s the last day of the month and I have $315 of unspent money that had been planned to be spent this month. That is to say, ignoring money already allocated to savings. Nice! Thanks YNAB!

I think I’d go crazy with all the different envelopes. Seems very tedious to handle all that cash all the time.

@HowDebbieSaves

5 жыл бұрын

I did too. So I take out money for my expenses when I get paid, every two weeks, and keep track of every dollar spent on the EveryDollar App (Dave Ramsey's App). This way I don't have to carry envelopes with me. I just posted a video on How to Get Out of Debt: 7 Reasons to Only Use Cash. Which shows how to save money by only using cash. In case this topic interests you. Take care.

I have learn a lot from you. I like the way you explain other personal budget methods like the 50/30/20 rule of money, the 60% method. Practical advices with a step 1, step 2 things to do makes it easier to follow. Thank you.

@NextLevelLife

6 жыл бұрын

Thanks!

I am teaching this in my classroom, in a SCHOOL. Just saying...it is taught in school. ;-)

Could we have tutorial how you create the drawings and your workflow.

@NextLevelLife

6 жыл бұрын

Maybe down the road. I use a program called videoscribe to make it. They have great tutorials on KZread if you want to see how it is done ☺️.

What program do you use for your illustrations?

@NextLevelLife

6 жыл бұрын

Videoscribe ☺️.

@Mjp612

6 жыл бұрын

Next Level Life - thank you. Good content btw! Keep it up

Biweekly Low income Cannot do full grocery till end of month? I'd like to try this envelope system. Might have to tweak it alittle and fill at end of the month. Because once I pay rent at the beginning of month, not much to play with afterwards. So, its pretty much. Rent, maintain gas for car, grocery necessity, what my daughter needs for a medical problem and emergency money. Any other videos for biweekly strategy and low income? SUBSCRIBED! THANK YOU😊

@HowDebbieSaves

5 жыл бұрын

I saw your comment and wanted to possibly help. I'm sorry to hear about your daughter's medical problems. I have 3 kids and between their specialists, regular doctor visits and prescriptions, it can really take a toll. I just posted a video called How to Get Out of Debt: 7 Reasons to Only Use Cash which offers some money saving tips by only using cash. I hope you find it helpful.

👍🏼

Show me the Money...

@NextLevelLife

6 жыл бұрын

🤑

I wish life was free lol