15 Practical Budgeting Tips

1. Create a Zero-based budget 2. Budget together (especially if you are married) 3. Budget every single month 4. Start with the most important categories first 5. Pay off your debt 6. Don't be afraid to trim the budget 7. Make a schedule 8. Track your progress 9. Create a miscellaneous category 10. Cut up your credit cards 11. Use cash where you overspend 12. Use an online budgeting tool 13. Quit the comparisons 14. Set goals 15. Give yourself grace

You're so likable on camera, i watched the entire video for entertainment purposes only lol. Im a budgeting nerd

I keep a checking account cushion to cover any Miscellaneous, non-emergency items... like unexpected dinner plans or a sale on Meat!!

1. I love how excited you are when talking about money 2. These practicals were all super helpful, I think the giving grace and comparison were the most helpful for my situation

Since my husband and I got out of baby step 2 I was like heck no I’m not budgeting anymore.. I thought of it negatively . But when I listened to you say it gives you permission to spend I decided to do the budget monthly again and it has been SO much better! No more worrying “am I spending too much?” “Can I spend more?” And now I can clearly look and say yup I have more money budgeted & can get it! No worrying!! Looovvveeeeee your show !

This is my first time using a zero based budget I have never heard of it before Dave’s show and man it’s a game changer in how I manage my money and finances watching it hat I spend

I use my notes on my phone to list out my categories and the dollar amount and adjust in there as I spend with the zero based budget it helps a lot

I agree with all you are saying…I am 55 and a widow of 17 years. I work at a Christian school and make 20,000 yearly as a paraprofessional. I teach piano 2 nights a week and make around 700.00 per month. I have an autistic son who is in college online. He is 23 but acts like he is 17. I live with my in laws. They are 77 and 73. They are starting to fail in health. I have a Bachelors degree in Interdisciplinary studies….music and education are my areas of concentration. I am smart, but I do not have the skill set that employers are looking for. I need a higher income because I am around 28,000 in debt between student loans and credit cards…..I feel stuck, defeated, depressed, and drained. I do not answer the phone because I am behind on my card payments. It’s just too much! And to know that I did this to myself….it’s quite painful! I feel like a failure. Thank you for this video. I am going to begin this journey again….

I've tried (and failed) to do a budget for many years. I don't always have the same monthly income, so I thought I was doomed. It makes so much sense to do the budget every month instead of annually.

I used Google Sheets as a sort of check register/budgeting tool. I used to have a system similar to The Budget Mom which worked until I became more confident. Now I budget in my check register as though the money is spent. I know how much is available for unexpected but I also have sinking funds for car repairs, vet bills, etc. It works for me and I taught it to my sister in law who used it when she was getting herself out of debt.

I love Rachel's perspective about budgeting. Budgeting puts you in control of your money. This is so refreshing to me because I need to get control of my money. I'm looking forward to changing my relationship with my money.

15:16 I act my wage. I live on approximately 50% of what I make. I don't act my age as I feel approximately 50% younger than I am.

Rachel literally makes me smile so big!! 😭💖 And Rachel to you & your team: I want you to know that literally all because of YOU, and now a couple months into it, I already fully see the 'fun' aspects of the budgeting!!!! Everything you said is echoing 100% true for me. Thank you again for your soul and for your light, which is helping to change lives more than you could ever know! :)

I finished FPU on March 19 and am doing my first budget for April. Since I'm new to this process and don't know how to do it, this has been a really helpful episode. Thanks for this advice Rachel.

Good information, thanks. I wonder if you can explain it with a spreadsheet and list all your sample categories.

I’m not a millionaire by far. Not yet anyway. I do know a couple millionaires and yes they write down their budget. They bring home a larger paycheck than we do and all that means is they budget with larger numbers. No new cars or fancy things. It’s crazy how much they do together budgeting.

Loved this…quick and easy to follow, your wallet looks amazing! I’m on baby step 2 right now so will wait and ask for it at gift time! Thanks Rachel! I love your positive attitude and compassionate heart!

Great video and tips!

1 st baby step Super easy Just had to get into Budgeting videos. Never knew i could do it. Thank you Beautiful an Inteligent lady.

Both of Us have been unemployed for over 6 months now. All of our savings and emergency fund is gone. Looking for work like crazy. Budgeting has been tough.