I'm 49 & was never taught money management skills. Now that my sons are adults, I don't have all the responsibilities I used to have. I'm so determined to learn. Currently, my goal is to save $1K in 5 months which is $200 per month. I've obtained a 2nd job to make it happen.
Just wanted to let you know that I paid off my car. And I am now working on my emergency fund. So this video is right on time for me! THANK YOU SO MUCH!!!!
Your doing better than me. I've saved $7,800.00 in a year. Paying $500.00 a month and sometime more like on my Birthday. At the 3rd of the month, I will be able to add $500.00 into my saving and that will Make $8,300.00. I'm striving to make it to $10,000.00 and it will all be in 100 dollar bills and I also have bill straps to put on it. Even after the $10,000 is achieved, I will continue to save money. I wish I would be able to buy a Four Door Jeep with big tars, but that's a far reaching long term goal!
We are tackling our last two debts before moving to aggressively saving. We paid off just under $15,000 since the start of year and will be sending our final payment to our only credit card this week then moving to our personal loan which at $27,000 should be taken care of in 6 months or less. It is our big goal for the year and am really happy with the focus and progress so far.
@@waynedrury2372 it doesn't matter how small you earn but how smart you utilise it. 6k I make every week is not from my work salary but from my invstments in financial market which is just a side hustle.
@@vivianpaul7759 I believe you 100%. Savings doesn't bring financial freedom but a good investment does. But i am yet to make profitable investments due to uncertainties in my finances and management.
I am close to my 6 month emergency fund (about 80% there), I want to reduce my HELOC balance by 10% by end of 2022, start saving for a down payment, and invest more! Those are my current goals.
I’m working on a 5-6k savings goal for a used car purchase (taxes insurance etc) I’m a little over 2.5k. It started as a 5k in a 100 days challenge but realized I may need a little more for good car. I’m sticking to my budget and having low spend months. This is a magic month for me so hopefully I can put a big dent in this month
I’m watching these money saving videos because I really want to build my house in a few years. By 2024 or 2025 ( hopefully earlier) but I would love to save up to have my house built so I’m going to start saving and trying these methods 😍❤️!
@L S the majority of the time people mean they are debt free from credit cards, or student loans or private loans. But I hear ya - completely debt free including mortgage is not something people say unless it’s true lol cuz it is a major accomplishment
I am trying to purchase a house and wanted a down payment of at least 80,000. I'm overly stressed. I just bought a car ( neccesity) and having really bad buyers remorse. I felt like I got duped an extra $2,000. I'm also going back to school and had to take out student loans. I'm in my late 30s and feel like I'm acquiring more debts now than I ever did. I'm just overwhelmed!! Thanks for the video.
Hi! New Subscriber here!! This video was very motivating and inspiring. I like how you use the editing to help correlate the information. Using tax refunds as leverage to (as you said "Turbo" your goals) is SUCH A GREAT IDEA
Thank you for sharing! I think we’ve seen these tips. This is good advice but when people post videos like this and say “see how I did it” to me that sounds like expounding on specific/personal examples that you implemented. You did that in some of the examples but not all.
Most times this will be a new video for my viewers. Some content will be basic and some will be in-depth. Seems like you’re one who would be on the advanced side so your knowledge would be past this info if that makes sense! Still, these are the exact steps I took however and always take. They’re just basic in nature!
Hi I've been watching all of your videos. I have my taxes coming and I was wondering how you distribute your earnings to your emergency fund and then your debts? Should I just build the emergency fund first or do both?
Beautifully said,I tell this to my folks everyday.its good to save money but most people don't understand how the market moves and tend to mislead in facts like this and always depend on money in the bank.
@@bandmankevo7697 I understand the Facts that tomorrow isn't promised to anyone, but Investing today is a hard thing to do because i have no idea of how and where to invest in these?
Hey, so I’ve always leveraged extra money. I built the discipline I needed throughout a 4 year long debt free journey. So, now that I’m out of debt my incentive and tax refund was able to be put into savings. My budget is stable so I don’t need to use those funds for expenses, etc. It was broken down more clearly the last bit of the video.
This youtube feature of $8,000 in 3 months via the Dyanna Marie channel is very helpful and self determination boosting, the reminder to be very urgent with the goal timeline wise is especially the reminder I am glad to have heard especially because of my intent to be wise and resourceful with both current and upcoming money blessings coming my way.
No in fact I’d say you’re normal. We all do. I encourage you to do some self exploration to discover the root cause. What are your triggers, beliefs on saving, etc
You move on to your next goal, whatever that may be. I saved this money as my emergency fund so that I could go after my next goal with a safety net. This way if something, like a car repair, popped up I would have the funds to cover it without taking from the goal I was working towards.
@@SPrincessbeneficialknowledge your reality is a temporary circumstance. A temporary stage you are passing through. When you speak that it makes it seem permanent. I know you are capable of achieving higher!!
Goals. The reason why she talked about S.M.A.R.T in the beginning. I think it’s hard when your trying to work with a partner who doesn’t have the same understanding about saving. Whether personally or emergency
