Hello everyone! I am Brittany Flammer. I'm a stay at home mom of 5 kids, avid budgeter, and lover of all things finance related!! On my channel you will learn how to budget so you can afford to do the things you love [NO MATTER WHAT YOUR INCOME IS]. We have had a low income for our 15 years of marriage, but following basic budgeting principles and money saving tips.
Join me for free group coaching: calendly.com/brittanyflammer/group-coaching 101 Ways to Save Money: bit.ly/tosavethousands Shop my Etsy Store: brittanyflammer.etsy.com/ My Website: www.brittanyflammer.com
I'm new to Sofi and I'm trying to replicate my Ally buckets where I can select from an external bank to deposit directly in my vaults but it doesn't let me. The option to select my vaults is greyed out. It looked like what you need to do it is transfer from an external bank into your Sofi Checkings or Savings, then set up another transfer from the Sofi Checking or Savings into the vault. Is that right? It doesn't seem efficient.
You're right - it isn't the most efficient. You can set up auto transfers into your vaults, but it has to be from within your sofi checking/savings. There are a lot of options within sofi, but not much automation from external accounts. Ally savings is the only one I know of where you can automate from external accounts directly into your buckets.
first of all thanks a lot one thing i don't have clear when i downloading and saving a copy ' it comes without any category how do i add some categories which can reflect in the expenses line
That's odd. Did you purchase my template? It should have all the basic categories plus room for additional categories. Email me at brittany@brittanyflammer.com and I can send you the template or work with you to make sure everything is right.
I'll try to make them bigger next time. The problem is, they are small on their website and if I enlarge them too much it gets blurry...but I could make them a little bigger. Thanks!
Good question. It depends on what you're looking for. Probably Sofi and Wealthfront are my two favorite. I'm actually in the process of editing the video with details on them right now - it will be available on my channel later this week.
Do you have a video on when a month is not matching up and categories are overspent how you attack that? Cause it sucks if you just wanna correct the budget that particular month (cause something came up), but not future months' budgets.
Yes - that's a great question. When you create your budget it's only a plan and nothing ever goes 100% according to plan. Inevitably you overspend in some categories. In Monarch, if you overspend, you can pull money from another budget category. I don't have any videos showing you my overspending months, because I don't actually use Monarch. I have lots of clients that use it so I'm familiar with it, but can't share my personal budget b/c I don't use it - if that makes sense. I do share my personal budget each month and I do an end of month budget report. Inevitably I go over in some category each month. You can see how I handle that here if you're interested: ru-vid.com/group/PLOQUSZVhabsfm01pPb0fOc0htWLkBMuYf. Basically, I like to look at the overall spending. Even if I'm over in groceries, maybe I'm under in 1 of my utilities. As long as it balances out I don't worry about it. If I'm over and it doesn't balance out, then I pull money from a savings account. I hope that makes sense.
Thanks for the info! I’ve found the bucket very helpful. Another downside is when an envelopes are low, the system automatically pulls from the larger envelope. It says: We shifted some things. But if that is actually the envelope you wanted it to go to, you cannot now assign it since there not enough money there due to the auto-assigning!!! I end up transferring funds from savings just to officially assign the money and the try to transfer the remainder fund back to my savings. So confusing
That is confusing. I like the idea of spending buckets...but after months of testing it out I find I don't use them a lot. I prefer to track my spending with a budget and use their savings buckets for sinking funds. Thanks for sharing!
I would like a video on savings goals instead of debt paying goals. I’m confused about the priority system. For example I have 3 goals: 1. Emergency savings (fully funded) 2. House down payment (50% funded) 3. Vacation I would like any surplus money I have to filter into these goals at the end of the month. If I have more expenses than income one month I want that money to be pulled out of one of my savings goals. If I set up a $1500 savings goal for house down payment and $200 for vacation, how will this work? Thanks
They currently raise their price of it I started since 2018 when I was 22 years old and grow it over time if i was more advanced about stocks back then I would have started investing to old brokers like fidelity. But I might as well stay with acorns for the long term and just stick with the 3 dollar subscription to be honest
Thanks for your reviews! I tried Empower, didn't like that it never updated my linked accounts, sometimes 4 months behind! What app updates on a timely basis. I use a app to just see what I have spent in different buckets monthly
We are lucky. We put a huge amount down on our house because we wanted to keep our monthly mortgage under 25% of our take home pay. If we couldn't have done that we'd have bought a smaller house. But, this was our 2nd home and we had equity in our first. Being a first time home buyer now would be hard!
I want to understand YNAB so bad! I have tried several times and always go back to Everydollar. I get confused when the money carries over to the next month. Trying to watch some of their webinars to finally "get" it! Thank you!❤
Here's what their website says: To activate your Pay with GasBuddy card on the web please go to enroll.gasbuddy.com and log in with the email address you enrolled with. From here, you will be prompted to enter the last four digits of your Pay With GasBuddy card, then choose a four-digit Driver ID to be used at the pump
I don't personally use Monarch Money, just the spreadsheet. I have several clients who use Monarch, so I'm familiar with it and have filmed several videos about it.
for us, spending at Costco blends shopping and groceries, sometimes bleeds into home improvement or auto.. depending on what we bought. maybe Costco becomes its own category..
That's a great way to handle Costco. I have several clients who have their own costco category in their budget. Personally, we mostly buy groceries and occasionally clothes there, so I just split the transactions when I need to. But if I was using it for all those categories that would make the most sense!
You don't connect temu to your fetch account. If you have your email linked in Fetch, you just click 'scan email' and it should automatically get any receipts from your email. Here's a link to troubleshooting ereceipts: help.fetch.com/hc/en-us/articles/360023014893-Supported-eReceipt-Retailers-on-Fetch
Not exactly. Most of them will show you your re-curring bills (including subscriptions). If you're interested in managing your subscriptions (or finding them and cancelling) rocket money is good for that.
I tried to go to mint, I had an account years ago and it has moved to credit karma and I dont see hardly any of the features you talk about in the video.
I'm so glad you mentioned this. I've been using my account for a couple months now and didn't know about this. I just researched...as long as you have their debit card and have the $250 directly deposited into it you do get the fee waived. Thanks for sharing!
