When my daughter started college, I suggested she use colored paper clips to keep her gas and food money separate. I like your binder clips, too!

@debbielisa2148

7 жыл бұрын

colored paper clips is a great idea!

@numanuma20

4 жыл бұрын

Way better idea

"Yeah uncle benjy" She is so hilariously awesome. I love her channel.

absolutely love your family! i got introduced to fpu at church and your dad has literally changed not only my mindset but my and my 8yr olds life! thank you from Mission Valley Methodist Church! God bless you all!

Man the ramsey family is so genuine love them so much

I kind of love that you have a carry permit. ;) don't mess with you and your clips. :) just discovered your channel and I love it!

Thanks for the amazing energy you share to encourage our journey! My husband and I do not share in the all out passion for money management and so I am borrowing your encouragement to do this rather single handedly.

I use mini dividers in my wallet to separate my cash! =) I dump my coins into the main coin compartment and then dump them into a big jar at the end of every two weeks or so and when the jar fills up....we turn the coins into cash at the bank and use it for a fun family activity!

I haven’t done the clip system in a long time but I am excited to start again. Gives me boundaries and I love that.

I love this!! I've always wanted to use the envelope system, but I love my wallets too much to get rid of them. This is a great way to have both!

Thank you Dave and Rachel you have transformed my world and I hope I can do the same for my legacy.

Honestly as a Canadian the envelope system gets frustrating because of $1 and $2 coins. Large coins bulk up a wallet really fast!

@MKS73636

9 жыл бұрын

agreed!

@SeanEddy84

9 жыл бұрын

Try using the YNAB (You Need A Budget) program. It's like a virtual envelope system. You just have to be disciplined enough to use your debit card and not over spend.

@stephaniejane306

6 жыл бұрын

Hall's Emporium ditto! As an Australian having $1 and $2 coins can get annoying.

@victoriagarcia5533

5 жыл бұрын

I agree.

@bottledoo3639

4 жыл бұрын

Just leave the coins in a envelope and mail it to me. Problem solved 😁

Your Dad is a genius. Full respect to you taking on his work as he hands over responsibility. You are a great leader in your own right and I hope you appeal to a whole new audience that needs to learn the system.

I just started using the clip system two weeks ago and love it!

Sticking to cash on our groceries makes such a huge difference!

Love this. Have been trying to use the envelope system but I find it very cumbersome and I'm afraid if I don't streamline it I will not stick with it, this seems like the perfect way to do that!

Great video as always Rachel!!!! Appreciate you sharing your tips & advise, as well as the inspiration, motivation, and support you give us all!!! :) My hubby and I recently paid off our last debt, $17,000 in 20 months on a low income (we're a one income family). Gazelle intensity, self disipline, communication, support, and saying NO alot was very worth it... We can now say "We're Debt Free!!!! (except mortgage). Feels amazing. Onto baby step #3 we go :) Without the zero based budget and advise like yours, we couldntn't have done it. Before we started watching your amazing dads channel and yours, we knew nothing about budgetting or even where to begin!!! Fast forward two years later and we are now debt free!!!! :) Big thank you to you and your father!! Sorry got carried away there!!! :/ I just wanted to share our victory story :) Anyways, i liked and shared this video on facebook.

@bradleymaravalli2851

6 жыл бұрын

Congrats on the success Reynelle! I'm almost done with Baby Step 2. Already paid of $20,000 and it feels great! How is life going for you all now?

Love Panera! I enjoyed this video. Thank you so much for sharing your clip system.

I love that it's simplified!!

Thanks again , I like your ideas and will start using it , it makes sense ...

Build a spreadsheet(or use columnar pages) take your checking account and divide it into several sub accounts where you allocate money same as envelopes. So easy, been doing it for 30 years.

Liked and shared! Putting this system in place today...love!

love this. I have the bank envelopes I carry around to separate thing but I might have to try the clips!

I use an envelope system. One for food, one for entertainment and one for petrol. You may have noticed that I said petrol, not gas. That's because I'm in the UK. Great video Rachel.

Love this!!! Thanks for all your vlogs. Been following your dads principles since January, and never felt more free!!! Shared on Facebook...maybe I'll win😃

I was strictly an envelope person, using the ones from my local bank whenever I withdrew cash because I withdraw very specific amounts for each category as I know what's spent for some things down to the penny. But I've moved more to the mini clip system as well myself. Love the video!

I love Dave Ramsey videos

My wife and I have been doing envelopes for most things except groceries and fuel. It's weird at first, but totally worth it a few months later when you need tires or something equally annoying.

I love this idea! Why didn't I think of this? Using this idea for sure!

So cool that you take responsibility for your personal safety like that!

Never thought of clips... great idea👍👍👍

Thank you for sharing!

We do the envelop system. When I take money for food, (either dine out or groceries) I fold the bills before I put them in the wallet. That helps me keep the money separated.

Great idea! Gonna implement this as we tend to over spend in the eating out category & guess what?! I'm due for a new billfold! I've carried the same one for 5 years & have been looking to replace it! Lol I liked & now gonna share on FB!

Simple yet great idea. Thanks ;)

I love your clip system!

Glad to hear you have a Concealed Carry License. Be Careful and be aware of your surrounding.

Awesome system. I'm proud that you mentioned your handgun carry permit. As a concealed carry instructor in Arkansas, I think this should be a mainstream thing and not marginalized or taboo. Carry on!

That's great! I guess I pretty much use the clip system. I just use colored paper clips. Great minds think alike! Thanks Rachel! ❤️😉

Love love these new videos! Liked and Tweeted. This could be super useful as my husband and I are paying our snowballl and currently all about that budget.

Love your channel! 💗

Woohoo love the clip system!!! Cute wallet too!!!

this actually sounds so effective. taking money from a fixed sum of money which is in a pile you can actually touch vs. just paying with a card that seems like an enormous sum after you got paid is an image that clicked right away! the only downside i see is if you lose your wallet you lose all your money for the month. and i tend to lose my wallets more often than i would care to admit..

Love the clip idea, smart! Liked and tweeted.

Great video thanks for sharing!!!!!

I LOVE YOU RACHEL....SO AWESOME!!! LOVE THE VIDEOS

Love the idea of clips! Liked and shared via Facebook

"Uncle Benji" !! Bwahaha! Love it.

Liked, tweeted, and shared on Facebook!

We, men, generally don't actually use such big wallets. Maybe because we feel they don't fit in our pockets. 1/ What would you recommend this for men? 2/ Do you use that clip system with money for the week or the entire month or perhaps daily? Some video creation food here ;-) Thank you so much for your contribution!

@chrisadams5124

7 жыл бұрын

Rubber bands. I get wide bands so I can write their use on them the band.

@AlejandraRodriguez-zu1ui

7 жыл бұрын

fold them in half ;)

Love the wallet. Need how I can fix the zipper? Is not closing good. I use it open. Was a gift from my mother.

Love-love this idea! But what happens when you buy something and get a lot of change back (coins)? How do you keep track of what category those should be a part of? Thanks! :)

@ej3016

8 жыл бұрын

in Canada we have $1.00 and $2.00 coins so I treat those as "bills" - otherwise my nickels, dimes & quarters go in a piggy bank - I saved enough (am single / on fixed income) to give my niece a corsage for her grad - best thing was I didn't miss the coins and its a purchase I wouldn't otherwise be able to make - my piggy is filling up again for my nephew's grad: new tie 😊

@butterflyqueen9260

7 жыл бұрын

bay32b I save the coin for the dollar menu

I love the clip idea, i shared and liked.

Hand gun permit....LOVE IT!!

@fergusonto-2032

Жыл бұрын

I have one also but in my humble opinion us law abiding citizens should never be required to have a permit to carry , what are your thoughts ?

this is a great idea. I liked and shared on fb

Wow , I would love to be your friend. You have a great personality and very smart . We need more people like you in this world 🌎

This is awesome. It is sooooooo much better than carrying envelopes!! Thanks Rachel!

@lifewithb3094

9 жыл бұрын

shared on twitter as well!!

what a neat idea!!

& what do u do with the receipts? Do u add it to the clip pile & log it? Or toss it? Or don't log it?

Liked and shared on Facebook, thanks for the video

Awesome 👏 👏👏

How do you deal with change that is left over from your bills...i want to try this but have a problem with change afterwards

win! love this - thanks!

This is great! And here I was about to purchase an "envelope system" wallet the size of a brick. This is much simpler.

Live this idea

How do you budget on a self-employed income where every month the income is different?

Liked, tweeted, and shared on facebook!

Like this so much better than the envelopes

Liked and shared :) I would love a wallet you pick out! You have great style!

Luv envelope system

Love it!..and love the wallet which one is it?.. looks like a Tory Burch

Cool interesting method.

I would be nervous carrying that much cash around. Especially since I'm very forgetful. But I like the idea... how do you know how much to put in each category?

yes please! shared on twitter. :)

I use the envelope system that we got with FPU!

hi, Rachel. i like clip idea! i have same concept except i have a dividers for few category but i have VERY hard time not to borrow money from other category so i stopped getting cash and i use debit card. some people say its easier to swipe and not knowing how much you are spending but i find it i don't go shopping w/o cash unless its planed like grocery shop.when i have $5, or $20, its east for me to take my kids out to ice-cream ,etc even though its not in the budget. do you have any tip for me? i do most of my bills online too, thats another thing. do i only get cash maybe for grocery shop?i wonder if i make different checking acct for different things so i separate our emergency money ( that need to stay in the bank too so we don't touch it!) from other expense. TIA

Hello. Seems I am 8 years late to the party. Quick question. What to do with all the coins that belong to various categories? Do all the coins live together and are used across the categories or is there a way to organize coins too.

I love that you have a concealed carry permit

this is so clean! I have to replace my envelopes bc they get all ratty over time.

Great idea! Liked and tweeted!

Thanks. I liked and shared it on twitter!

@larhondawhite7079

9 жыл бұрын

last name on my twitter account is Leslie :)

I keep a running, dated list of things that are on my need and want list. I print it and carry it with me in my purse so I can always see the priorities.

You are awesome and OMazing Yogic

I would love to bless my sister with a clip system if I'm chosen! Liked and share on FB!

Great Great Great Idea

Loved and shared :D

I just found you, where can I get the system?

i have to ask because i am confused... ANY ONE can answer if you know ... BUT isn't the clip system (or alternative to envelopes) dangerous, as in you'd be carrying around hundreds of dollars in cash at any given time? I might be misunderstanding this one. THANKS!!

@laurentatum624

8 жыл бұрын

+Jessica Grizoffi The cash envelope system is mostly for the categories in which you'd like to better control your spending - groceries, clothes, blow money, restaurants, etc. You can minimize risk by filling your envelopes every time you get paid (ex.if you get paid biweekly, fill your envelope only with the money you need for the next two weeks). My husband and I each have an official dave ramsey envelope wallet, so he is responsible for certain categories, and I'm responsible for others. I only take my wallet out of the house if I know I'm going to spend from one of my categories, and even then, I usually leave my wallet hidden in the car (or sometimes I just leave the wallet at home) and only take the amount of cash I know I'm going to spend (ex. we budget $200 for groceries every two weeks, but we only take $80 into our main grocery store at a time. Or, we budget $60 for restaurants for the month, but we only take $20 with us). Cash is actually a bit safer than credit cards - if it's stolen, it's the only thing gone! With cards, you have to manually call each company, alert them of possible fraud, get the cards canceled, and order new ones. Meanwhile, if you have bills that are supposed to auto-pay with those credit cards, the charges won't go through, you'll be past due on the bills and you have the extra hassle of calling all of THOSE companies and giving a new form of payment. When you're carrying cash, you're aware of it and tend to be more careful in where you place it (I actually don't like the feeling of carrying my cash in my purse, it actually makes me nervous!). Just don't advertise that you carry lots of cash, and no one will even notice :)

@TomMcgee

8 жыл бұрын

+Jessica Grizoffi I actually keep a set of 'master' envelopes at home that has our budgeted cash for the month and then my wife and I have envelopes that we can carry with us. We move money from the master envelopes to our personal ones as needed but only put a week or less of cash in them. There are actually very few times that we have large amounts of cash on us. If we do a large shopping trip for groceries then we may have a few hundred. If someone happens to rob you when you have that cash in your pocket just throw the cash in the opposite direction from where you want to go. I guarantee you that the criminal will run to the cash and you run the other way. It actually pays to carry around a large bundle of singles in your pocket. You throw that real hard and dollar bills will be flying through the sky and you may actually get to walk away with your wallet or pocket book while they are chasing after a bunch of dollar bills!

@mysummertouch

8 жыл бұрын

carry just today's money with you or just this weeks money

@juliegumm

7 жыл бұрын

In 15 years w/ the envelope system and counseling hundreds of others I've only ever heard of 1 person who lost a few hundred dollars when their purse was stolen. But you can break it down week.

@DAWN--x--

6 жыл бұрын

I hate having cash. Money is tight, as a single parent, I would rather lose my debit card than my money. A card can be replaced. I only ever carry tiny amounts of cash for car parks.

Now I want to run out and buy a good wallet for the clip system.... Am I missing the point? :)

@mysummertouch

8 жыл бұрын

yes, use clip system with your wallet that you have now

Really great idea but I don't have a car and do my grocery shopping online so I need to use a debit card... I do find that I spend less this way anyhow😀 I'm in the UK by the way...

I am new to this channel. She talks about your monthly cash what do you do if you get paid weekly? Do I divide my monthly budget by 4 and then take that in cash?

@kiwikim5163

7 жыл бұрын

Heather Fabris yes. Get your cash for the week each time you are paid. This is not a bad thing. You'll be carrying around less cash.

very smart

I wish I saw this before, would love a wallet, clip system or envelope system

Like the idea of clips better than finding envelopes

Thanks can we still get opportunity to win clip system?

What about a wallet or system for men to carry around? My wife has a wallet like yours but I don't want really carry around something that big.. Any suggestions for male budgeters 😊

I just love you! From one carrier to another keep up the great motivation to the body of Christ.

I don't have Facebook or Twitter so I just liked the video on here.

Any tips for a man using the envelope system? I'm a woman with a big purse and don't mind a big wallet. My husband is having trouble keeping everything organized in his pocket sized wallet.

@MsPandachen

8 жыл бұрын

Paperclips in different colors could work

I've tried this in the past. But I'm Canadian and coins get in the way and all over the place. Just gets frustrating

The envelope system didn't really work for me. The only cash I carry is for fast food. Every month I withdraw my budgeted amount for fast food and when that cash is gone, I know that that's it. I do have a debit card that I use for my purchases and every time I spend money, I get a notification that tells me how much money I just spent and how much money I have left in my account. It keeps me from overspending because I know that it's real money and I am constantly aware of how much money I have in my account.