I just found your channel. I really need to get a month ahead but I’m an impulse spender. I always stress out when I don’t have the money to pay my bills. I know that I need to cut back on my unnecessary spending and create a budget that works for me.

@lymanjoy

10 ай бұрын

Yes, watch my monthly budget and how to start budgeting videos. Once you have a good plan and all your money has been assigned a job, it will help. Plus, make sure to give yourself some spending money every paycheck.

@allieF714

9 ай бұрын

Same. But I spend when stressed, retail therapy. Like you due dates stress me out and I'm tired of just making it. I want to be able to spend and not feel bad when I do. Ugh!!!!!

@kjw79

9 ай бұрын

Idea: as soon as you get paid, go and pay off your bills right away, even if they aren’t due. That way, all the Bill money is ‘protected’ from impulse spending. Option: have your Bill dates changed to be due the first few days after you get paid, for motivation to pay them. You can do it!

@DivinevirgoFeminine

9 ай бұрын

I’m an impulse spender as well.

@renatal1972

9 ай бұрын

I’m also an impulse spender,I was able to stop that by putting the items in my cart, walking the store putting things in I thought I wanted, then before I got to the check out, went back and put the stuff back on the shelf I didn’t need. I got the feeling of having it for a moment, but at the end didn’t buy it.

Spot on! Mom taught me never to buy anything on credit unless I already had the cash to pay it, set aside. She did help me take out my first car loan - using a CD as collateral, which earned interest to offset the loan interest a bit. Doing this helps ensure that YOU can negotiate your interest rates more effectively, because you aren't desperate for anyone's credit product. Be frugal. It can be fun!

@lymanjoy

9 ай бұрын

Brilliant!! Your mom did a great job teaching you and you taking that advice. Wow. Many younger people don't, such wisdom.

@tahzaebrown3367

8 ай бұрын

What’s a “CD”

@bitrudder3792

8 ай бұрын

@@tahzaebrown3367 - a CD is a “certificate of deposit“ where you agree to leave the money for a certain period of time and they agree to pay a certain percentage of interest. Back in the day we were getting like 10% give or take. It was brilliant. That is 10% over the span of the year, divide that by 12 and compound it. You could set up a CD for as little as six months or for as long for a few years. My mom put the money in for the same term as my car loan and made a nice profit while providing me with a very affordable note to pay, And the beginning of a real credit score. The interest rate is not great for CDs these days, in this country. Better in Mexico right now for a similar product.

@LH-uk8zs

2 ай бұрын

@@tahzaebrown3367 A certificate of deposit (CD) is a type of savings account that you can get through a bank or credit union. It’s basically an account where you agree to keep a specific amount of your money in the CD without taking a withdrawal from it for a specified length of time (i.e. 6 months, one year, etc.). Banks and CUs have different options for the periods of time they offer. Withdrawing money early means paying a penalty fee to the bank. You can potentially get a great interest rate on CDs right now. CDs are a great way to make sure you save a specific amount of money over a set length of time. And excellent for saving for a specific goal, such as a car down payment, for example. Consumerfinance.gov and Investopedia have some good descriptions of CDs if you want to research CDs further.

Hi Laura 😊 Never been a "full" month ahead, but close! I'm in month 4 of this, so we're all good!!! Thank you for sharing 😊

@lymanjoy

10 ай бұрын

You got this! I have no doubt you will meet your goals soon!!

New subscriber!! I raised 5 kids. They are all adults now. Now I’m a grandma of 2. I enjoyed your video!! 😊😊

@lymanjoy

10 ай бұрын

🙂 I love that!! Thanks for watching.

I am preparing to take my CPC exam and become a medical coder as well. Also working on becoming debt free. This was very motivational for me personally, thank you

@lymanjoy

8 ай бұрын

I wish you the very best on your test and start in a new career. 😊

You had me subscribed at 6 kids! I have one and complain about getting ahead! You are amazing 😭❤️❤️❤️ thank you Laura!

@lymanjoy

9 ай бұрын

You are so sweet! So very glad to have you apart of the LymanJoy community!!!

When i read " Tithing" 😍 so glad 💕

Omg I use the smart method at work for client goals. I never thought about using it myself. This is amazing.

@lymanjoy

9 ай бұрын

It's been great to get things sorted out!!

Great advice. I'm a new subscriber and sorry to hear about your child and having so many surgeries, I hope she heals super fast. Youth is on her side!!!

@lymanjoy

10 ай бұрын

Thanks for watching and the encouragement. Glad your here!!

@CashBearMama

10 ай бұрын

Praying for you 💜🕊️

Have used the SMART goals for so many things, never thought to use it in my budgeting. Thank you for the tip!

@Mariamasmind

7 ай бұрын

for what else would you use it? if it's not too personal haha

It would be doable but quite a lot of people out here face the choice of having at least one utility cut off or buying groceries. What does one do when there is literally no penny to spare? You are very blessed if you have anything to spare week to week.

@lymanjoy

9 ай бұрын

I totally understand and have been there. Watch my behind on bills video where I discuss what to do from my own experience.

Thanks so much for this info very helpful!

@lymanjoy

3 ай бұрын

So glad 😊

Im glad i found you! And right before a new year starts, ive already set up my goals, tracked my bills and expenses, set up a budget and you really helped me get ready and feel confident going into this!!!

@lymanjoy

6 ай бұрын

You got this. It sounds like it is going to be an amazing year. 👏 thanks for watching and being apart of the lymanjoy community

Thank you for making this helpful video! I’m just starting on my journey to be debt-free. This is laid out simply without all the jargon that others use, which makes it less intimidating for me.

@lymanjoy

9 ай бұрын

I am so very glad!! If you haven't already watch my how to create a debt free plan that works. It's an awesome way to create a plan customized for your situation.

Ok great! Thank you for your help.

I greatly appreciated this content. Thank you.

A great video that everyone should be watching! TFS

Keep doing your thing

I'm glad we're 🧳 all 🧬🛗 living and giving.

Thanks for this video. I had no idea a Savings Calculator existed!

@lymanjoy

8 ай бұрын

It's such a free, amazing tool. ❤️

This is great information and thank you

Love this video very helpful ❤

Thank You!! I COULD CRY NOW 🙌🏽💗

@lymanjoy

7 ай бұрын

You got this!!!

You explained this very well!! I’ve been working on this goal too!!

@lymanjoy

9 ай бұрын

It will be so very freeing to gain that one month freedom and so on!! Keep up the great work!!

Great video, just started working on my one month a head. Thank you so much for the info.

@lymanjoy

10 ай бұрын

Thanks for watching. 🙂

Your channel came up on my feed to watch. And can I say the way that you presented the savings resonated with me. I am now subscribed, and I'm going to be been watching your past. Videos. just started making my 100 card pack last night. Thank you

@lymanjoy

10 ай бұрын

Awesome! Thank you, and welcome. I'm excited to have you a part of the LymanJoy community. 😁

You explained this very well!! I’ve been working on this goal too!!. Hey fellow coder!! Love your videos. Thank you for the information..

@lymanjoy

9 ай бұрын

Hello, thanks for watching!!!

I am so glad I found your channel, this was super helpful 💗💗

@lymanjoy

9 ай бұрын

I am so glad!! 💓

New subscriber here! Just found your channel. Thank you for showing all the tools and techniques to get one month ahead!

@lymanjoy

10 ай бұрын

Welcome! Glad your here, hope it was helpful and useful information.

Thank you so much for sharing 🙏😇❤️

New subscriber to your channel🎉. I am also a medical billing & coding student. It is very refreshing to see your content, especially from a fellow medical coder. Thank you for your insight on helping us all get ahead financially, and I wish the best for your daughter as her health continues to progress. ❤

@lymanjoy

9 ай бұрын

Thank you, and welcome!! I am so glad to also have a fellow medical biller/coder apart of the LymanJoy community. 😊

I found your channel earlier at work and didn’t have my history on. I couldn’t find you for an hour and just found you again!! 🎉🎉🎉

@lymanjoy

9 ай бұрын

Glad your here!! Welcome.

I’m so happy this video showed up as a recommendation. I needed all this info. Thank you❤

@lymanjoy

9 ай бұрын

I am so glad it was helpful!!

@Sitasbudgetingjourney

9 ай бұрын

@@lymanjoy It definitely was helpful. Thanks again.

I really like this and very educational for a one month ahead Thank you so much

@lymanjoy

10 ай бұрын

So glad!!

Thank you😊

Nice video, here supporting🎉

@lymanjoy

10 ай бұрын

Thanks for watching! 😊

Hey fellow coder!!😄 Love your videos. Thank you for the information.

@lymanjoy

10 ай бұрын

Hello 👋 What kind of coding do you do? I do pediatric and family practice.

@rebeccasummers983

10 ай бұрын

I do mostly inpatient and pain management in a small hospital. I also do a few days of transcription for the GI doctors.

New subbie. I really enjoyed this video. I’m going to be working on my emergency fund doing this. Thanks so much.

@lymanjoy

9 ай бұрын

Great place to start! Welcome to the LymanJoy community. 😊

Just found your channel, thank you for the tips and I just became a new subscriber.

@lymanjoy

9 ай бұрын

Welcome, glad you found them helpful. Welcome to the LymanJoy community. 🙂

Great video and ideas! This helps me.

@lymanjoy

10 ай бұрын

Glad it helps 😁

INFORMATIVE, and please MORE video for Financial Literacy, Savings, and Investing.

@lymanjoy

9 ай бұрын

Definitely will do!!

Thanks so much for this video. You've made me realise that even if it takes three years, it's still worth it. Also, I'd never thought to use a saving account to help me achieve it. Great idea.

@lymanjoy

9 ай бұрын

So glad it was helpful! Every step forward is a step in the right direction. ❤️

Thanks you❤🎉

I needed this video, and how cool I’ve been a coder for 6 years now😊

@lymanjoy

9 ай бұрын

Awesome!! I'm glad it was helpful!! What kind of coding do you do?

❤❤❤❤so glad I found ya

@lymanjoy

9 ай бұрын

Glad your here!!!

I just found also. So glad

@lymanjoy

8 ай бұрын

Glad your here!

Before I clicked on it I figured this is what you'd say. I do not do the envelope system but I do have an emergency savings and I am always a month ahead on bills. I've been doing this for many years. I keep my bill money in another account so I don't touch it until I pay bills. I also do bills or transfer money every pay check.

@lymanjoy

9 ай бұрын

Amazing great job!! It's definitely freeing to be a month or more ahead.

@bitrudder3792

9 ай бұрын

Times are changing, but as bizarre disasters keep breaking out...be aware that having cash on hand can be a useful life-saver when the power is out, when cash registers aren't working. For us, it meant being able to buy necessities when hurricane flooding took out grocery stores and hotels' ability to take credit payments.

wishing you well on your journey! :) fellow mom here

@lymanjoy

10 ай бұрын

Thank you so much!!

Thank you so much for this video. You explain everything so well. Its motivating me to start it. Thank you.

@lymanjoy

10 ай бұрын

Excited for you!! Such freedom in being one month ahead!!

@ludielizsilaya7207

7 ай бұрын

M

@ludielizsilaya7207

7 ай бұрын

16:00 😅😂😆🚴‍♀️🚌😅😅😊

Great video! Thanks, new subie here.

@lymanjoy

10 ай бұрын

Thanks for watching!! Glad your here. 😁

👍👍👍

Hi new here 😊❤ thanks for sharing 😊❤

@lymanjoy

9 ай бұрын

Glad your here!! Welcome

I don’t know how I got your video it just came to the list, but I’m glad 🙂 I watched it and loved it I have downloaded your video So I can watch it again and take notes 📝 I’m starting this month’s salary 👍🏻

@lymanjoy

9 ай бұрын

I am excited for your new steps into this journey. I'm also happy my video popped up for you. Welcome to the Lyman Joy community. Let me know if you have any bumps or questions along the way. 😁

the challenge really is taking 3 years to get to the 1 months ahead fund. Because in those 3 years, its tough living paycheck to paycheck, and paying down debt. Nothing good is gained quickly tho, so we must start now. ..the time will pass. :)

@lymanjoy

9 ай бұрын

It's true, the time will be hard, but if you get debt paid off early. Or some side hustles going.. Maybe you can shorten the time by putting extra money into it.

❤❤❤❤❤❤

this is my biggest goal for 2024 (financial wise)

@lymanjoy

6 ай бұрын

You got this!! Gonna be a great year.

I love your channel and im learning so much. One thing im happy about is that I live in Denmark and I dont have to worry about medical care bills. Im so sorry that Americans have to pay so much. Thanks for sharing

@lymanjoy

9 ай бұрын

Yes, other countries have such a better health care rate. It's crazy here. 🙂

@grop66

9 ай бұрын

@@lymanjoy yes true 🩷

I’m a new subscriber. I loved this video. Can you tell me about the wealth fund account?

@lymanjoy

9 ай бұрын

I have really enjoyed it. I have a typical bank, chase, so wealthfront is my high yield savings bank. I get 4.55 percent interest monthly. There are no fees for withdrawing and transferring money. I am able to pull my money out of an ATM on the same day. I can make different categories so I can have all my envelopes there as well. It's been great!!

Loved this video ! Any advice on how to get started with medical coding ?

@lymanjoy

9 ай бұрын

AAPC or Ahima has great courses and tons of starting tools.

I just found your channel and I’m glad! I love this video! It was amazing all the information you shared here! Thank you! I love your style of decoration in your video. Can you please let me know where you got that beautiful green sweater from? I’m loving it, is super cute! Have a bless day!

@lymanjoy

10 ай бұрын

Thank you for watching!! I think I got the sweater at khols. Love to have you apart of the LymanJoy community. 😊

@alexandrapeguerogarcia1838

10 ай бұрын

@@lymanjoy Thank you for letting me know. I appreciate it.

New subscriber here.. I need to more good in budgeting..

@lymanjoy

9 ай бұрын

Welcome, glad your here!!

$8700 in monthly expenses!!??? Dang!! Ok let's see how this system works.

@lymanjoy

9 ай бұрын

It is high, California is a hard place to live in. Lol

@jeremiahthelion

9 ай бұрын

I was literally coming here to ask if you live in CA for it to be that high 😅 woo girl! You're doing great

Can you do a video on the buffer? How you grow it?

@lymanjoy

7 ай бұрын

Yes!!! Will do I will put it on the list. Thanks for asking. 😊

I’m aiming for 3 months worth of buffer. I have done the same, listed all the bills and now I am saving towards my goal. I am doing this in case one of us is unable to work.

@lymanjoy

6 ай бұрын

Such a great idea very, very wise. I will keep repeating the one month ahead till I am 6 months ahead of a very long goal, but one day 😁

I am new to your channel. I found this video very informative. Thank you for sharing. ❤ 17:39

@lymanjoy

7 ай бұрын

Thanks for watching 😊

Putting money ahead each pay for property taxes, Christmas, dentist, really helps.

@lymanjoy

5 ай бұрын

Indeed!! 😁

Trying to understand better. If you are still paying off debt why are you setting extra money aside rather than using that money each month to pay your debt down further? I imagine the interest on your debt is higher than the interest you would get from the high yield savings account. The math doesn’t quite make sense to me.

@lymanjoy

9 ай бұрын

For me, it's not a math problem as much as a motivational thing. I need this to motivate me. 98% of my extra goes to debt. The other just helps me stay on track while having a bit of fun to keep the path. I have tried dave ramsey 100% and just loose heart along the way. This is what works for me. But your right is not mathematical as good. So if you can give a 100% to debt, go for it!! ❤️👍

@tahzaebrown3367

8 ай бұрын

I was thinking the same thing lol. I definitely get it. I’m glad your closing saving challenges for this

S=specific, M=measurable, A=attainable, R=realistic, T=timely

What brought me hear was that it was a idea but couldn't get a rhythm

❤ love your channel awesome video. Can you do a video on your jobs how did you come across them etc? Ways to increase income?

@lymanjoy

9 ай бұрын

Yes, I can!! Thanks for asking. 😊

When I sat down saw my bills for 3 months, 6 months, 1 year just paying overhead it was eye opening. i made a graph chart to show income then each bill. We have become bare bones and still the amounts spent was shocking. The interest received on my several accounts with a credit union are not enough to propel or make a dent in the total amounts needed. I use the bank as my envelopes and transfer money or roll it down based on a paycheck budget. I have a 3-month bill pay ahead savings and when that gets to goal move it to 6 mt. Really would love to be in a position to have the entire year calculated out then Jan 1 pay it off (especially taxes). Many recurring bills do not let you pay a little extra some do like electric. example bill is $20 pay $35 to be ahead. Lastly started a nest egg savings to stow away money untouched for the retirement years. My 401k, Roth are losing money consistently for the past 3 years, so changed my contribution amount and put the difference into the nest egg.

@lymanjoy

9 ай бұрын

This is amazing. Thanks for sharing. It's such a great idea on how to get ahead. Also wise to move money into a nest egg with the volatile economy. Thanks for sharing this!! 😊

@LynnSJ

9 ай бұрын

@@lymanjoy Welcome! :-)

@bitrudder3792

9 ай бұрын

Can you move your Roth to a better investment manager?

@LynnSJ

9 ай бұрын

@@bitrudder3792 No its managed by my employer

hi ! new subscriber here! I am tempted to open a wealthfront account but i am nervous about scamming haha... how have you liked it so far ? I'd love to continue saving just nervous is all!

@lymanjoy

Ай бұрын

I love it!! Many, many of my subscribers have it too. My mother and sister do it as well and love it just the same. Not only do I love the savings, but you can make categories within it just like cash envelopes, and it's so easy to transfer funds. It has been a great experience.

I need to do plans for the future since my husband is about to retire in a couple of years.

@lymanjoy

9 ай бұрын

So wise to be prepared!!

Where can I purchase the savings scratchers ? Great video!

@lymanjoy

5 ай бұрын

Are you talking about the grinch scratchers or 100 envelope challenge?

@chesedgomez

5 ай бұрын

@@lymanjoy yes! :)

@lymanjoy

5 ай бұрын

@chesedgomez Here is ink to an etsy seller who has several of the 100 envelope box challenges. I can't find this exact one anymore www.etsy.com/listing/1521607454/100-envelope-saving-challenge-plant

I’m extremely new to savings like this and I don’t understand how to calculate interest to be one month ahead. My monthly income is $5,000 how do I calculate the interest to where it makes me a month ahead in 2 years. Can you tell me what the exact amount of savings each month would equate too. I don’t have any debt because I come from an extremely poor background growing up, I’m 31 and never had a bank account or credit because I lacked financial literacy. I have children and I ultimately want to become financially free but I must learn how to save and no longer live pay check to pay check are you able to assist me.

@lymanjoy

9 ай бұрын

I would suggest using the calculator tool in the video because it calculates it all for you, based off how long you want to get to your goal and your individual interest from your high yield savings. It has been very helpful in calculating it for me. Then, it breaks down the interest. So my high savings account at wealthfront is 4.55 so you can also put that in the calculator. And it shows you how your money you put in there money will gain interest along the way. Whatever your interest % is just enter that in the calculator and it will tell you all the numbers. ❤️❤️

Where is the green binder from

@lymanjoy

6 ай бұрын

From amazon here is the link. amzn.to/4ax2YEA

I've always understood that the emergency fund includes the 3-6 month buffer. You I've always understood that the 3-6 month buffer is part of the emergency fund. You should have 3-6 month income saved, or, in Dave's plan, $1000, and then completing the whole ER fund after debts are paid.

@lymanjoy

6 ай бұрын

$1000 for emergency, then debt, then 3-6 months. This would fall more into the 3-6 month buffer, starting with one month. But I don't do dave ramsey exactly, with my oldest having 7 open heart surgeries I to do this a little different to survive. Each there own 😁

One thing I don’t understand: do you pay all your accounts in cash? What about debit orders, etc? Do you have to go to every utility company, or whatever and queue to pay?

@lymanjoy

9 ай бұрын

No, all my bills are paid online, and then after bills, I do all the rest in cash. Check out my monthly budget with me. I usually explain a bit more. 😊

So that savings account….I’ve been looking for one. Do you trust this bank? I’m just trying to be precautious. Thank you.

@lymanjoy

7 ай бұрын

Wealthfront is insured, and I have really liked there platform. But they do not have a brick and mortar so you do have to transfer money from a main bank or use a ATM they are associated with near me.

Where can I find accounts at 4.55%? I am almost debt free and want to be smarter about getting ahead to not slide back. Thanks

@lymanjoy

9 ай бұрын

There are a few great options, but I use wealthfront. Here is the link. 🌟Wealthfront HYSA www.wealthfront.com/c/affiliates/invited/AFFD-PZ9A-LE2Z-XM7J

Ok so my wife and I work part time and and have trouble budgeting and how would you recommend we try to get a mouth ahead we also have a child with special needs and heart problems

@lymanjoy

4 ай бұрын

Ok, let's start with a solid budget, but when that's good, I would add whatever you can. Let's say you have $100 left over make that a one month ahead "bill." But put it in a high yield savings account instead of checking account to make interest while you save.

Where to find the envelopes and tracker

@lymanjoy

9 ай бұрын

The 100 envelope challenge? I can't find this exact one. But here is one of my favorite etsy sellers she has a few styles to choose from. www.etsy.com/listing/1521607454/100-envelope-saving-challenge-plant

Hi there when you say debt-free, are you including your mortgage being paid off or is the term debt free everything except for the mortgage?

@lymanjoy

9 ай бұрын

Everything except the mortgage. Little secret, I will be sharing soon, but I believe in total helocs in the first position secured for mortgages. But I am transitioning mine into one now and will be sharing my experience for others to learn from but essentially making my 30 year mortgage paid off in 7-10 years. More coming on that soon...

Hello. I am a medical biller. I was wondering how you found enough income to support your family? I currently make 15 follars and hour but this is my first full year. Any tips?

@lymanjoy

9 ай бұрын

Can I ask what type of billing, pcp, hospital?

@quianamccray192

9 ай бұрын

Physical therapy

@lymanjoy

9 ай бұрын

First, I have had to move to better paying opportunities. Always look for a job when you have a job that may move you up in pay. Next hospital billing may pay more look into that as well. But to be honest, it depends where you live. Lastly, contract billing can make more money, but you need more experience, so keep growing and look into the hospital, and it will naturally grow. 😁

@quianamccray192

9 ай бұрын

@@lymanjoy ive never thought about contract billing. Ive thought about hospital billing. I had interviews but no call backs. The main reason was to work from home since i had a baby. But the pay cut was rediculous. So im going to reapply to the hospital. I really appreciate you getting back to me.

I'm confused about the interest rate. Why is it there, what does it do?

@lymanjoy

5 ай бұрын

If you put the money you're saving into a high yield savings account as you save, it will also grow, helping you reach your goal faster.

IMO You shouldn’t calculate interest earned from HYSA.. that’s going to vary unless you want to recalculate every other month.

@lymanjoy

6 ай бұрын

The tool will calculate it for you monthly. But I see your point.

Hi Joy I have expenses $837 Variables 730 Savings 339 Debt 490 These are monthly Should all these be included in 1 month ahead? Or which ones? Please help? Thank you Joy.

@lymanjoy

7 ай бұрын

I think it's good to start with the absolute necessity, like expenses, variables, and debt. But once that is fully funded, then you can go further for savings. 😊

I’m trying to pay my bills off so basically I will only have food and rent I’ve done one bill took me 6 months but I won’t have it again till next April that’s my goal just to have rent and food I’m getting fed up of paying out every month x

@lymanjoy

9 ай бұрын

I can resonate with that! Keep it up sounds like you have a great plan in place.

@0773heidi

9 ай бұрын

@@lymanjoy I an trying and I’m really Determined I just want to be better off for a while and this is the only solution as my bills are more than my income even with everything to the bone x

How can a single mom of two stretching money weekly do something like this? Please help!

@lymanjoy

9 ай бұрын

Watch my "behind on bills" video even if not behind, there is helpful tips to save money and find some wiggle room that you can put towards being one month ahead.

Is not 1 month ahead/buffer an emergency fund?

@lymanjoy

6 ай бұрын

No, I would have that 1000 emergency fund first, then save enough to be able to cover all your bills, food, gas, and living. Which for me is a few thousand. That way, you will always have enough to cover an entire month. I keep my emergency for smaller things. Since 100 doesn't go too far.

$8700 monthly income? That’s not realistic for a lot of people. I barely bring home a grand after taxes/insurance 😂😂

@lymanjoy

9 ай бұрын

I get that I have come from all walks of life. It's not about the numbers. Just put in your numbers and break down your wages, and see what you can do. This is just a template for an example.

@shunpo9

7 ай бұрын

Noooooo. If you're making a video you need to know your audience. The average household income in America is 70k. This means two folks bring in 4k a month after taxes (before 401k, loans payments, insurance). Only 20% of American households make 150k or more and ONLY 5% of individuals make 150k or more. No millionaire will watch your budgeting video--only folks in the bottom 50% will. This means your audience makes 1-4k per month and you are insulting them with a 8.5k example after taxes and retirement is taken out. Lastly, I find it very very very hard to believe a medical coder makes 150k. The average salary for a medical coder is 53k (3.5k after tax) in America. This means you make 3k a month (after taxes and a 15% retirement contribution which I hope you are teaching AND doing). 3k not 8.5k. That's what your coworkers and the average American make and there's nothing wrong with that. Please stop offending your audience and don't alienate them. You won't get views by making up fairy tales and bragging. You only said your budget was 9k to brag. You didn't do it to be honest so don't reply and say you did that. You did it to brag in case one of your friends finds out you made this video. Now post a video of you driving a Mercedes or a Maserati--your budget is 9k remember? Right, didn't think so. Bye. Hanging up the phone now. Stop begging for attention. Thank you and good night.

who the f has 8700.00 A MONTH???????

@lymanjoy

9 ай бұрын

It is years of hard work to get here, but you can apply the principles to any set of income. Actually, the reason my income has grown is partly to all these methods. Mosty marriage we were at 40,000 a year so I get it. Keep working hard and budgeting it will pay off.

If you do get one month ahead saved. Will you always be one month ahead after that

@lymanjoy

2 ай бұрын

Unless you use it, I would encourage you to repeat the process 5 more time then you will six month ahead setting you up for safety and success.

I'm confused 😢

@lymanjoy

8 ай бұрын

Is there an area you want clarification?

The budget is the biggest waste of time in existence. You spend the very minimum, if you need more to pay bills then you have to earn more.

@lymanjoy

5 күн бұрын

Interesting perspective, indeed, pay minimum, cut out the fluff and earn more is so true, but putting a plan in place will increase your outcome of success.

@union310

5 күн бұрын

@@lymanjoy A budget goes put of the window something happens. When you are in debt, the best thing you can do is pay off everything you possibly can in an effort to reduce the next months interest, in order to pay more off. You should not be planning to spend anything more than the bare cost of living. When you owe nobody nothing then you know the bare costs to live and anything else can be divided into savings, investments and pleasure.

$8700.00 ??? a month??? What do you owe on?

@lymanjoy

5 ай бұрын

California, 6 kids, 2 with chronic conditons....large costs. But I am also in a debt free journey. So, hopefully, less before I know it 😁

Hey! One question, this is basically creating a budget for the next month right?

@lymanjoy

7 ай бұрын

This is making a plan to get all your budget fully funded. So if your monthly bills and expenses are $4000. This help shows you how to use a high yield savings account and a certain amount of money money to get an extra $4000 saved. A great plan in place can help you get there.

@Mariamasmind

7 ай бұрын

ohh I see, kinda like building your emergency fund right? Thanks for replying!! @@lymanjoy

@lymanjoy

7 ай бұрын

@@Mariamasmind Similar but using a high yield savings account to propel your savings forward and breaking you out of living paycheck to paycheck because you will always be a month ahead.

@Mariamasmind

7 ай бұрын

@@lymanjoy ohhhhh I was missing the traduction for high yield! Now everything makes more sense hahaha thank you! I will def rewatch the video to understand better!

Do you have an email I send you a question

@lymanjoy

9 ай бұрын

Yes, lymanjoy8@gmail.com

Hello, New sub here. I 1:13 just found your channel from a suggested video here on KZread. It is always nice to find new budgeters on here! 💚🩶💙💛

@lymanjoy

9 ай бұрын

Hello, welcome. Thanks for watching. Your youtube name is intriguing, I will go check you out. 😊

@Thecashstuffingrealtor

9 ай бұрын

@@lymanjoy Thank You!