Budgeting Advice for Everyone.

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YT Description: Discover 6 essential budgeting tips to help anyone manage their finances more effectively! Whether you're a student, a young professional, a Family or simply looking to improve your money management, these simple yet powerful strategies will set you on the path to financial success. Watch now for practical tips on saving, tracking expenses, and budgeting smartly – no matter your income. Subscribe for my Family and Lifestyle Content.

I hope to make this a series with other tips that have helped me as a solo parent, but can also help anyone.

#family #lifestyle #budgeting

YT Transcript:

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we are all struggling right now right so

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in this video I'm going to share with

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you my budgeting strategies that have

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helped me get

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through first of all you need to figure

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out what is the income you're bringing

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in if you need to write this down or use

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a

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spreadsheet both are very handy but at

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least have it written down somewhere

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that you can view it

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and then list each of your reoccurring

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bills as they come such as rent

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utilities

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Transportation internet phone Etc

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whatever bills you have that come out

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each

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month have them all listed down with

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each average amount if they are a

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varying bill so for the average just

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calculate what

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is the most common cost for that bill

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and then list your bills that are more

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flexible such as

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food gifts miscellaneous

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toiletries stuff that can be played with

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to make your budget more flexible or you

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can bring down and change and help with

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your costs figure out what you can put

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away in savings or if you have any debts

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to pay off figure out what is the most

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amount you can pay to pay off those

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debts quicker make sure you list it all

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down and calculate and add it all up and

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make sure you end up breaking even or

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have a cushion at the end try not to go

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into the negatives with this and if you

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do try to figure out what you can

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eliminate or make a smaller amount per

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month for payment or what you dish

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out some of the things I do is I make

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sure that I have enough for my rent

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utilities rant and utilities are my

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main top priority

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that I cannot live without you can't

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live without a

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shelter and your shelter needs

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electricity gas water

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Etc so those are two of the main

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priorities make sure those are paid

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another important one is transportation

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whatever it is whether you take the

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bus having a bike whether you walk

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or car maintenance

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gas Insurance

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Etc make sure that is all laid out each

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of those can have subcategories that you

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can add as well make sure you pay

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yourself first so once you have all your

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expenses laid out make sure you pay

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yourself first so you can have a savings

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I recommend an high interest saving I

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didn't do that in the beginning I'm just

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starting with my high interest

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savings but I recommend putting money

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aside the most you can per month but

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still have all your bills paid make sure

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you have

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food and all your Necessities are met if

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you are finding you are struggling try

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to find other ways to bring in more

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income whether it is doing gig work

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getting a second

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job doing freelance work or just working

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and doing yard work for someone cleaning

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someone's house try to bring in more

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income in some way if you need some help

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from the government always do that don't

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be afraid to reach out and get help that

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is what it's there for these are some of

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the things I have been doing to get

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through I know we are all struggling

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right now

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I appreciate you taking the time and

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watching this video if you liked it hit

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the Thumbs Up Button make sure you

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subscribe so you be notified when I post

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more videos share this video with

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friends and hit the Bell icon so you can

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be notified when I post

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again I really appreciate it and I hope

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you have a good day