It's time again for your mid-month check in! How are you doing?
So far we seem to be on track this month. Food is currently 2nd place in our top 3 expenditures 🤭
We've been doing better with cooking at home. Our staple is lasagna at the moment lol
What can we add to our cooking repertoire that can be completed in 60 mins or less? 🤔
Good evening everyone! So, I’ve been doing a lot of research on Dave Ramsey, thanks to advice from @dennis.van.heel last week and have decided to go ahead and start #babystep1 and collect an emergency fund together! 🥳
I fortunately received some money for a bit of bookkeeping work I did for a family friend so instead of spending it or paying off my CC debt I decided to put it away in a cash envelope and kickstart my fund. I think sticking to cash for this is a better option for me as I’m less likely to spend it!
I’m really enjoying learning about Dave Ramsey’s methods so far. I know they are predominately geared toward Americans but it can be easily adapted to UK finance! It has been super insightful so far and has inspired me to continue this journey!
Do you use Dave Ramsey’s methods for to tackle your debt? Let me know how you feel about them in the comments!
1 117 minutes ago
I COMPLETELY missed budgeting a $405.02 payment 🤦🏽♀️ Luckily, once again, our emergency fund and our checking account cushion, saved the day! Technically we have $1,000 saved but we prefer to have $2,000. So, back to baby step 1 we go...
Do you know why I’m smiling?? I’m going on a kid-free girls trip and I just booked my flight! 😍 I’m so excited to enjoy some joy travel now that we are debt-free! I’m going with some of my sisters and mom to LA in February. Send me all the things to do, see, and especially EAT because this girl loves food and I’m going to give myself a very generous budget since this doesn’t happen very often!🤪🎉 I #saveduppaidcash for this trip so you know every dollar I spend will be guilt free. This is especially exciting because since I have 3 kids 5 and under, I’ve spent a lot of time pregnant, breastfeeding, and just generally with little people in tow. A whole weekend with no kids and just other adults? What’s it like!?! This post is not about my laptop, but I also #saveduppaidcash for that 🤪 $550 on Facebook Marketplace!
4 7432 minutes ago
What Are You doing that will guarantee that you eliminate your Mortgage and/or All Your Other debts Like Student Loans, Credit Cards Etc in as little as 5-7 years. We have helped our Members get rid of Over 2 Billion Dollars Worth Of Debt alteady. Join over 70K homeowners who are debt free of their mortgage and Debts and Find out what the banks don't want you to know by clicking on my profile now to see if you qualify to get your Free Assestment ⏬⏬⏬⏬ @eliminatemymortgage
Only USA residents only.
Ohhh man oh man. 🖤Anyone else feel like since they’ve started to get their financial sh*t together they’re HYPER aware of other people’s bad financial decisions? I know people who overspend and make bad decisions and I know for a fact they can’t afford those decisions. 👏BUT. It is 🙅🏻♀️NOT my job to tell them that. It’s not even my job to focus on it! 👀 Keeping my eyes on my own paper and not getting on a soap box is a challenge of focus, of integrity, and of generally NOT telling people something they don’t want to hear.•
• When people are ready they will start. #stfu
PS- I have so much in my brain on ALL the topics I’ve posted about so far that I’m 🤔 thinking of starting a podcast. 🎙. #inspired
1 141 minutes ago
Cool Ranch Chicken, carrots with hummus, and some avacado to eat for lunch today!
Did you know that eating the right amount of protein will help prevent you from getting sick? There are so many different sources you can choose from including meat, fish, eggs, beans, nuts, and even some fruits and veggies.
Check out my Tuesday tip on my story to see how much protein you need in a day on the regular and also how much you need to gain some muscle. It might surprise you!
Where do you like get your protein?
1 443 minutes ago
Happy Tuesday! Today I want to give you a bit of a back story so you can see how I came to be The Budget Boss!
Let me take you back to 2010. My husband and I had been married for two and a half years, I was pregnant with our first daughter and we owned a small 3 bedroom house in town. We had saved up enough money that allowed me to take a 10 week unpaid maternity leave (although I still needed to work 1x a week for a couple hours 2 weeks into my leave). Around the time our daughter was 8 weeks old, we started having concerns about our her feeding. The steps I needed to take in order to keep her healthy meant I needed to quit my job. At that point we had used up most of our savings on my maternity leave and we were downright scared.
My husband picked up any overtime he possibly could, and I started 2 small side hustles just to pay the bills. However, we were still struggling and barely making ends meet. We put heating oil, birthday and Christmas gifts and gas on credit cards. Before we knew it, I was buying groceries on the credit card just so I could use the money I had set aside for groceries to make the minimum monthly payment due on the credit card. It was a rough time.
By the time our daughter was 9 months old I had gotten my bookkeeping certificate and filed for my LLC as a business. It took years to build up, but by the time she was 3, I was making enough to start chipping away at our debt. As my business continued to grow, I started fielding questions about how to create a household budget from friends and acquaintances. I quickly realized I absolutely loved helping people this way.
My oldest is about to turn 9 years old. In that time I have paid off over $30,000 in debt from the credit cards we racked up and the house projects after we moved to a larger home (it was quite the fixer upper). It is now my mission to help you on your path to creating and sticking to a budget, and paying off debt. Let’s due it together!
The Budget Boss
“Exist to be happy, not to impress”
One of the best, life altering lessons I’ve learned by simplifying, slowing down and budgeting is that keeping up with the Joneses is very overrated. I no longer wanted to allow comparison to steal my joy (and our money!)
Instead, I want to strive to be more aware of everything in my life I am thankful for, and be more intentional with how I use time and resources. It’s not always a perfect system, I still have low moments, bad days, self doubt, and all that not so fun stuff, but my goal is to focus on living a life of contentment over comparison. So while I’m over here still a work in progress, I keep this quote up front and centre in our home as a daily reminder.
🚨 EMERGENCY FUND UPDATE 🚨 .
Yesterday I saw a post that said: “Stop scrolling and transfer $20 into saving” .
Well since I’ve been planning and budgeting my month in detail, I was able to do that without fear of needing the money for something else. .
So now my emergency fund is up to $340 🤩🎉 .
I’m not rushing myself. I tried to accomplish my financial goals as quickly as I could and I ended up spending my emergency fund on STUFF that i didn’t need and collapsed emotionally from being overwhelmed with the process. So now, small BABY steps. .
Celebrating every $20 that goes into that fund.... .
Have you ever felt overwhelmed with being debt free? What did you do to refocus?
Wanted to give some financial facts since I just started this account and next month I’ll share my 2020 goals.
1. We have no consumer debt anymore.
2. We set our baby step two at$15,000 which we have reached. New year will bring on 2B.
3. I have always worked full time until March of this year I became part time to take care of my kids. Took a $25,000 pay cut, but blessed we had that choice.
4. Our house we bought in Orange County we still owe $4440,000 on is my goal to pay off in 15 years or less not the 25 years we have left on the loan.. anyways wanted to get the little details out so next month I can share my 2020 goals with you all!! #babystep2#babystep1#debtsnowball#debtfreejourney#debtfreecommunity#daveramseyplan#daveramsey
What step are you on?? .
No matter what step you are on you are doing a great job! We were on BS6 when the lack of contentment got in the way. We are fighting to regain our strength and wealth. #debtfreecommunity#debtfreejourney#bs2
1 21 hour ago
Debt is such a hard one 😳 but....I've got this ! 💪
Motivation vs Discipline
Some days I look at the progress we have made and it instantly makes me feel SO good and ready to tackle the rest of this debt.
Other days...I feel frustrated and “over it” because it feels like we have been in this seasons for forever 🥵
And honestly, we HAVE been in this season for basically our entire marriage and that can be hard after a while. Sometimes we go through times where we just feel ready to be DONE and ENJOY the money we work hard for, so when we have to send it all to debt it can be frustrating.
That’s where our discipline comes in though. We do not always feel motivated and excited to be paying off debt. But I do try to make a point to always be THANKFUL that we are able to pay off debt and take this step for ourselves and our future family. This is huge, and we have worked hard to come this far.
When I start feeling like this, I remember our “why” for starting and what we will be able to enjoy in the future because of this sacrifice. And give a thank you to God that we are blessed to have the means.
These couple of years are nothing compared to the rest of our lives living in financial freedom 🌿 #financialfreedom#babysteptwo#daveramsey#thebudgetlife#financialcoach
0 21 hour ago
Here are the goals I set for myself at the beginning of 2019! Some goals I exceeded and some I didn’t meet.Regardless, I am so proud of the choices I’ve made that brought me here today. 😭💗 Time to start planning my 2020 goals!
GUYS. I started my side hustle this week and I’m excited to have two extra paychecks to put towards my debt every month! I am working at a retail store in a mall about half an hour away from my house! .
What’s your side hustle? How much extra can you put towards you debt every month? How tired are you? I gotta say spending all weekend and working 12 hours yesterday killed me! 💀 💸
1 81 hour ago
But, I started the year at $285,499- so I’m not mad about coming that close to my goal!! How are everyone else’s end of year goals going?
WE’RE CREDIT CARD DEBT FREE 🎉We've been saving money for our move & home renovations since June. We've been living in our new place since October and have come to the decision that we're NOT going to do a ton of renovations. We are going to paint and replace the flooring, but we're not going to do the big kitchen remodel that we have been dreaming about. It's not necessary and it's something we're willing to sacrifice until we're debt free. So we took the money from savings and paid our FINAL credit card off!!!! Now we are down to one personal loan, my car loan, and my student loans. I can see the light at the end of the tunnel 😍
8 642 hours ago
How does this work?⠀
If you could be a fly on the wall, you would hear money, budgeting, and goals talked about constantly. ⠀
HIS 🧡 language is finances. It’s not an official one listed in the book, but it’s definitely his. He is the nerd, I am the spender. ⠀
I learned that by me respecting the budget, that he put so much effort and thought into, that translated to me respecting him. ⠀
It works because he talked about money so much with me and still talks about it with such passion that I had no choice but to get on board and get 🔥 up. ⠀
It works because I trust him completely to make the decisions for our family. He is our head of household and I submit to that. ⠀
It works because we both put ourselves second to the other. But also first before our children.⠀
It works because we’ve put a lot of work, time, and conversations to get on the same page about how our present is and what are future could be. ⠀
Budgeting and being financially responsible has changed the course of our marriage for the better. We are so thankful that Financial Peace University was introduced to us 10 years ago. ⠀
If you know a newly married couple, an engaged couples, or even a couple in the trenches. Gift them the course. Don’t worry about their schedule and locations, just tell them you will pay for it. It could be the greatest gift they ever get. ⠀
| Can you think of one couple who could benefit? |⠀
On the road to my debt free journey of paying off over $325,000 in debt. I did not go shopping at the malls or big name retail stores. Instead, I took my 🍑 to Goodwill to buy used clothing for myself and Poshmark sell used clothing. Money saving tip #2 : Buy used clothing from thrift stores and on @poshmark Why pay full price when you can get an entire outfit for less than the price of one piece. You CAN become debt free you just have to be willing to make sacrifices to get out of debt! YOU GOT THIS!
People give $5 coffee drinks* a bad rap. There are literally entire books written about how all you have to do to be rich is stop buying $5 lattes.
I buy $5 coffee multiple times a week. It’s important to my quality of life. I know that sounds lame but HUSH. It is.
In many cases, it’s not a few $5 purchases a week that are going to wreck you. It’s spending hundreds a month more on a nicer apartment, or leasing a $500/mo car. It’s the big stuff that’s more likely to be sinking your ship.
Also, here’s a secret: you’re allowed to spend money on stuff that makes you happy. Whether it’s $5 or $500. Whether or not there are books written about your choices being irresponsible in someone else’s opinion. So yes, I’ll take the soy latte and I’ll take it multiple times per week😅
*This is not a picture of a $5 latte but rather a 30 cent coffee in the Balinese jungle. There was a giant wasp in the coffee shop the entire time I was there so I basically cheated death, thank you, bye.
3 442 hours ago
I finally moved into the 21st century and tried ordering groceries online and curbside pickup. Nearly FOUR hours later I realized groceries to go may not be for me.
— spent 20 minutes signing up and ordering items. — drove 20 minutes to pick up. — waited 10 minutes for clerk to come out with groceries.
— clerk laid a gallon of milk on its side on backseat. Leaked all over. — Ordered what I thought were a bunch of pieces of fruit. Got one plum and one pear. — Ordered what I thought were two pork chops. Got almost four pounds. — clerk set 8-pack of coke precariously on edge of back seat...tipped onto bag with eggs. — Said coke fell out of car when I opened door and caused three bottles to explode open. — then....got home (the first time) and realized I forgot several things. So...Drove back to town (20 more minutes...after already driving 40 minutes) and went in store to pick up forgotten items.
— fell victim to temptation and spent ANOTHER $159 on top of the $177 I spent on the to go order.
I was listening to Dave’s podcast and he said something that really stuck with me. He said “the only thing that separates you from the person that you were last year are the books that you have read” ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Last year I had a thought process of “if I can afford the note, I can afford it ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
This year my mindset is completely different. I no longer borrow money, and I refuse to pay a monthly note on anything! Because of my changed mindset, my wife and I have been able to pay off $147,880.99 in just 10 months. We are on track to be debt free by March of 2020 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Last year I didn’t read ONE book. Looking at this picture I am amazed at the fact that I have read 7 books cover to cover 😬! I didn’t read this much in college lol. I am extremely proud of what we accomplished and the direction that our lives are headed. We will be young Millionaires. @daveramsey@chrishogan360@anthonyoneal@rachelcruze ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ #worried2wealthy#debtfreejourney#debtfreecommunity
21 5476 November, 2019
$26,000 paid off in 9 months! AMAZING job. Proud of you! #repost@lyssiemaria “Turns Out I’m 100% ...THAT Girl.. #DEBTFREE “ (** @lizzobeeating voice)
$26,000 paid off in 9 months!!!! The rest of my Student 👩🎓 Loans were weighing me down and I finally just HAD enough! .
If you’re super close to me, you’d know that this was SUCH a big goal for me. I told EVERYONE around me bc i wanted people close to me to hold me accountable and SUPPORT me when I felt weak. .
I knew when I ended up taking @daveramsey 9 Week Financial Peace University course that I was making a commitment to my future self. Despite opening the new OVA shop , I was NOT going to let that get in the way of this goal. And I didn’t. That class just made me even more focused and clear minded on my year end goal. I stuck to my guns and never opened a single credit card for my shop and just save and worked harder. I was able to save enough to officially pay off the rest of my Student Loans a WHOLE ✌🏾 Months early even!!
The lord has been amazing throughout this whole process. I was intentional with my efforts but I was faithful in understanding that he’s got my back! I even UPPEd my tithing during this process. I don’t say that to be obnoxious but I say that bc I firmly believe when I decided to let go and give it to God and have faith he will take care of me - it was purely freeing! .