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foreign
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[Music]
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hey guys and welcome back to my channel
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and welcome to today's video today I am
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here to walk through my July budget with
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you guys I apologize that this is
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already set up and it's just a walk
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through I know a lot of you guys really
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love when I sit down and put it together
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with you guys unfortunately I put this
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together before Fourth of July weekend
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when we are heading to Indiana so it's a
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very quick
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um a very quick process and there just
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wasn't any time to film it but I'm
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hoping in August I can sit down film it
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make the time to do it because I know
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that's something that you guys really
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enjoy
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um seeing I have some sticky notes down
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because I am kind of over like not
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writing in numbers and then like having
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to remember what I was thinking and how
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much we were gonna save and all of that
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so I have income and savings blocked off
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I really do believe that all the
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principals and methods of budgeting that
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I kind of live by are
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helpful regardless of knowing exactly
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what kind of income we're bringing in
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and what we're saving
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um I personally try to maximize my
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savings that's our Main Financial goal
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right now is just to save so just kind
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of keep that in mind
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we have expenses we have a house we have
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um
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two kids you know we have expenses but
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for the most part we try and keep things
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to a minimum and really just save as
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much as possible I've mentioned this
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before but we are somewhat paying down
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our house not super duper aggressively
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because there are a few things outside
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that we would love to do our to our
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house but right now we have like no set
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plans so
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um overall just main goal right now is
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to save so
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let me just really quickly kind of walk
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you guys through what my budget planner
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looks like this is the planner that I'm
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using for 2023 and 2024 I will be using
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my budget planner so the 2024 humble
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beginnings budget planner that's what I
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will be using all of my stickers will
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still fit in
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the new planner um I get a lot of
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questions about that so those will still
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fit but I'm really excited to start
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using that it's more geared towards
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budgeting it has so many different
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schedules all ready to go
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um and that planner by the time that you
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guys are watching this should be back in
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the shop we have
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um a chunk of planners left and we were
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waiting on some replacement Pages those
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should be in by the time this video is
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going up so
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um if you want to pick up a budget
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planner from me definitely go check out
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my Etsy shop so here is where I keep
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track of all of our variable expenses so
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I have some paydays marked with little
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dots and then I have groceries
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um in the dark blue light blue eating
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out householders and yellow gas for our
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cars is in green and then one of the
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budget items that we have in our
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variable expenses are Camp related items
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so we had to pay for camp for Mila
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um camper Macy and then Macy does
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tutoring so those are some expenses
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related to Camp that um you'll see in a
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second so I keep track of all my
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variable expenses here I like to do it
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here in my monthly view because I like
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to track patterns and I feel like it's
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nice like when I'm taking a look at
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everything to say like okay you know
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maybe groceries are a problem because
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we're not doing it ahead of time we're
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not doing it for the week starts or oh
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like you know Sundays seem to be a day
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where we don't have much food in the
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house we're eating out a little bit more
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maybe we need to just make sure that we
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make like an extra trip to the grocery
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store something like that it's nice to
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see like how often we're filling up on
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gas lots of different reasons why this
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could come in handy but I like to see
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all my variable expenses here next here
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I have a log of our expenses for our
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trip so all of these expenses will be
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like totaled up and moved over to our
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sinking funds because we do have an
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entertainment slash vacation fund I'm
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still waiting on a couple
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of these gas receipts to finalize and
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then I'll add all those up and we'll be
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good to go
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I have my weekly check in here I did
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make some custom scripts for myself so
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as soon as I cut those I'm gonna put
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those in just so that I don't have to
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write them I feel like that's always one
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thing that is really annoying is like I
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have to take out my ruler and write you
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know put it down make sure it's all
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lined up so I'm going to take the
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guesswork out of it I'm going to lay it
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all down so it's ready to go
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okay so now we have our budget here
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um so we'll go through our variable
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expenses and then our fixed expenses and
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I really hope that you guys cannot hear
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these trucks I think there's a lot of
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construction going on around us and it's
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just kind of annoying so
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um
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anyway
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that is going on outside right now so
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for electric I budgeted a hundred
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dollars I've noticed the last couple of
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months that our electric is going up our
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gas is going down so 100 for gas or
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sorry for electric gas I budgeted forty
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dollars it ended up being 36.86 so we're
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under there which is good groceries we
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budget 200 per week um so there's four
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weeks in July for groceries so that's
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eight hundred dollars eating out we
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budgeted three hundred dollars
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um it seems like between groceries and
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eating out we're always pretty good in
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terms of budget but sometimes we eat out
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a little bit more sometimes we eat at
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home a little bit more so it's kind of
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like this little weight and um
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you know whatever way that we end up
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doing it it seems like regardless we end
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up being under budget for food which is
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good household I budgeted 150 so that's
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for
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um toilet paper paper towels laundry
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soap things like that
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the reason why all of these are
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separated is because typically Jason is
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in charge of food he goes grocery
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shopping for the most part and then I
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will pick up household items I'm the one
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who's in charge of making sure we have
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toilet paper paper towels toothpaste
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that type of stuff gas for our cars we
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budgeted 200 we officially have four
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different vehicles in our household so
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um both Jason and I have a car and then
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we both have like a motorcycle I just
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recently got a moped so
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um it's really nice because the moped
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and the Motorcycle definitely save a lot
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on gas I think my moped gets like 140
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miles per gallon
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so just some fun options in terms of
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like summertime and fall time and
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getting to get outside and enjoy the
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weather a little bit so
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um with all of that being said I think
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the 200 is going to be just fine for all
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of us I don't think that we're going to
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need any more than that to make it by
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um cash dividers are 280 this is exactly
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the same as it always has been this
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includes haircut money for both
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um well I should say haircut for Jason
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and then I go get my eyebrows threaded
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and then for both of our allowances it
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also gives Macy the opportunity
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to earn some money around the house and
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in the past it's funny that it's cash
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dividers because it's not actually cash
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in the past we would take that money out
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now I keep track of these cash divider
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items on separate sheets where I like
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break out each person's money and what
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you're spending
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sinking funds I'll go over that in a
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second but we budgeted 100
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1998.31
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unbudgeted is zero and then summer camp
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and tutoring I budgeted 400 I think
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that's actually going to be way more
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than 400 I did not think about tutoring
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when I was creating this budget so it'll
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be a little bit more but that is okay
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Nexus fixed expenses so for our mortgage
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I budgeted 250 this is already paid
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which is why there's a little check mark
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um our mortgage is not 200 not 2 500
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um we are paying extra towards it every
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single month we're not again doing it
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very aggressively but we are paying off
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our Loan in half the amount of time by
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just adding in a couple
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um 100 extra dollars internet for us is
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55 Hulu live is 74.99 Netflix is 19.99
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our cell phones are eighty dollars
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life insurance for myself is 42.55 we
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are putting 400 into the girls 529 plans
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our ring doorbell is 3.99 that's just so
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that we can like go back and review
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footage I really like having this
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especially when we're gone
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um on little trips so we can make sure
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that our house is okay
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preschool for Mila is one thousand two
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hundred thirty four dollars and five
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cents my laser treatments are three
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hundred and twelve dollars and seventy
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cents and then one of Macy's camps um
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which is a fixed expense because we kind
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of have like this plan going is 195. um
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this is the last month that we'll have
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that and then you probably have already
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noticed but I no longer have my
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orthodontist in here we paid our last
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payment last month which was really nice
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um so yeah that was really nice to no
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longer have that as a payment that we
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have to pay
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um next we're going to move on to our
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sinking funds so we've already had a
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couple thinking funds come through
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um we picked up Macy some just cheap gym
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shoes for the summer time she goes
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through shoes so quickly so that's 22.
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we paid tolls that was twenty dollars
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and then I just picked up some
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Foundation some
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um like
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why can't I think of face wash and then
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also some sunscreen Ulta has
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um like Clinique sunscreen so I'm gonna
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try it out and see how I like it I've
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kind of noticed that I don't think that
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my
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I don't think that my sunscreen is
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um that I've been using is strong enough
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because I've noticed that my face has
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been getting burnt a little bit more
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than in the past and I don't know if
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it's because I've been outside more or
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what but
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I officially got like the 50 SPF so I'm
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hoping that that helps so those are some
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of the transactions that we've had so
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far like I said once we know what's
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going on
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um I will like once I have all the
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totals for our trip I will go ahead and
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include those and that will be a line
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item that you see here
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okay so for sinking funds we'll just
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kind of go over what our beginning
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balances were and then what we're adding
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so for activities we had 134 12 we're
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adding in a hundred dollars Beauty I had
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50 I added in 50 and I ended up spending
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105 I think so a little bit over budget
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there car insurance is
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861.87 we added in 150 the motorcycle
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car insurance or insurance will be
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coming out in July and then our August
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um in August we will be paying like both
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of our car insurance so lots of money
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coming out very soon
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car maintenance we had 94 17 we're
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adding in 100 like I said we have four
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vehicles now so we just want to make
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sure that we're putting an adequate
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amount away both of our cars are
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starting to get older so again just need
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to put money aside for that card tags we
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had 78.60 we added in forty dollars
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Christmas and Gifts we're we had 692.67
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we added in 400 this is a like a really
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big category
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um I know these amounts seem extreme but
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when you factor in all the little things
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that it kind of involves it's really not
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much
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um so this is for any type of gift so if
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Macy and Miele are included in a
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birthday party invited to a birthday
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party this is where we spend money from
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if we're buying presents for the girls
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this is where it comes from it involves
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Christmas pretty much every single
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holiday every single birthday it also
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includes both the girls birthday parties
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so it encompasses a lot
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um
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if me and Jason have like an anniversary
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it includes that Mother's Day Father's
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Day so although this might seem like a
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lot
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I've noticed that every single year I'm
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always like we need to up this because
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it ends up just you know buying gifts
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for other people and celebrating
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birthdays and stuff it adds up
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um next we have clothes so Jason had 20
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we added in 50. the girls had negative
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six dollars and five cents we added in a
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hundred I had negative 29.33 I added in
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a hundred dollars the reason why I'm
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including some extra money for me
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um well one I'm including money for
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everybody but for me is because Jason
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and I are going on an anniversary trip
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coming up um in August so I wanted to
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include some extra money so I can buy
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some like cute sundresses and things
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like that for when we're gone
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Costco we had 25 we're adding in five
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dollars that's just for our membership
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diapers be a 51.84 we're adding in ten
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dollars
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entertainment and vacation we had
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negative 19.33 we added in 500 again
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this is for like any type of fun
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activity if we go to a water park if we
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go on like a mini road trip
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um it also includes our vacation
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for our anniversary we've already paid
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for our um we've already paid for the
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Airbnb that we're going to stay in and
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we already paid for the rental car and
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our flights so going forward the only
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money we'll have to pay is like food and
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stuff like that and then whatever types
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of activities we do
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family pictures we had 268.96 we added
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in 25 Home Maintenance we added in well
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we had 390 393.64 we added in 200
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medical we were negative 78.31 we added
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in 78.31 and now we're at zero my plan
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is to close that because we now have an
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um a health savings account
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and we're contributing a set amount
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um to that so instead of you know paying
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everything
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after tax I want to start paying for
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like our medical bills before tax we
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have a nice chunk of money in there the
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only reason why we ended up being
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negative is because Milo went to Urgent
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Care when she had pink eye and the
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Urgent Care like just paid like just
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charged our Discover card
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um and I could like transfer money or
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whatever but I'm just not going to deal
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with it so going forward we'll just make
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sure that we use that HSA
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um subscriptions we had a hundred
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dollars we're adding in 20. this is for
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let's see I think it's for like our
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what did we pay our Amazon and my gym
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membership
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tolls we had four dollars we added in
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20. trash we had 42.52 we added in 20
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and then water we had 47.45 we added in
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30. so those are all of our sinking
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funds
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super duper fun
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um I feel like thinking funds are so
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nice to have because if something comes
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up and you need to spend money it's nice
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having the money set aside but it's also
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a little bit of a pain in the butt to
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like you know constantly be adding all
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these things up again I think it's
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personally worth it because I like
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having all this money set aside and not
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feeling guilty when we have to spend
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money from these items but that is what
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it is and then let me quickly just show
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you
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what I'm doing for our allowances so
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this is Jason's and I'm just using a
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spending tracker I'm keeping it really
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simple
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um so Jason had 21.41 as a rollover he
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gets 120 for our July allowance which
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means he had a balance of 141.41 and
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then I think he picked up tea from
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McDonald's this morning so that was 2
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46. so I'll just keep like a running
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total of all the stuff he pays for in
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July and then like whatever's left over
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will be rolled over to August one thing
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that me and Jason have talked about a
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lot recently is increasing our
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um allowances Jason has been going
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golfing a lot with his friend
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um so like I was saying Jason has been
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going golfing a lot with his friends
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um he's also been like you know going on
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motorcycle trips and doing all kinds of
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fun stuff and I really like that I think
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it's important for both of us like we're
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both working we're both taking care of
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kids and raising kids we are doing a lot
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of things on the kids schedule with
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activities and things like that so I
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think it's really important that we both
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have our hobbies and we both get to do
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fun things for ourselves so one thing
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that we've been talking about a lot
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lately is increasing our allowances so
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that we can accommodate those things and
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I'm not sure exactly what that's going
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to look like but we'll definitely have
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to discuss that a little bit more as
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August comes about I'm already done
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we've already put together our July
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budget but for August I think it would
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be really good to just increase it a
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little bit and you guys if you've been
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around for a while you probably know in
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the past Jason had a golf sinking fund
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well I was totally fine with including
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that again
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but the thing is a lot of times Jason
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isn't going golfing sometimes he's doing
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other things and so I think it'd be nice
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to just have more money in general and
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not have it like set aside for something
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specific
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um and that way like if he doesn't end
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up spending the money one month it can
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roll over to the next and he can use it
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for something else so anyway that is an
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overview of our July budget and kind of
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what we've been up to and what we're
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thinking I hope you guys enjoyed getting
00:18:23
to see this walkthrough I heard a couple
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of you guys and comments say that you're
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only working on your budget as you're
00:18:31
like watching my budget video so
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hopefully during this time you were able
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to set up your July budget with me
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and again I will try really hard in
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August to kind of sit down and walk
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through the whole process with you guys
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so anyway thank you guys so much for
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watching I hope you guys enjoyed getting
00:18:47
to see this budget walkthrough and I
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will see you guys next time bye guys
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[Music]
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[Music]
