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Cash Envelope Stuffing | $1,010 | How to Budget Money for Beginners | Cash Envelope Method

Mar 11, 2022
hello everyone welcome back to my channel or welcome if you're new hope you do well in today's video I'll be

stuffing

our

cash

envelope

s and sinking funds through the first week of February so I'll go ahead and start at counting

cash

this week we are accumulating one thousand ten dollars and of course I am going to use my calculator so 100 200 50 150 fifty three hundred plus three hundred twenty forty sixty eighty one twenty forty sixty eighty two twenty forty sixty eighty three twenty forty 340 10 20 30 40 50 60 70 80 90 110. 5 10 15 20 25 30 35 40 45 50 55 56 57 58 59 60. that's 1010 and this oh let me fix that real quick and this 200 bucks I'll share with you where are you from every time i do stuff where it pertains so i'm going to leave them in the back just because i don't want to start rambling so early in the video so now i'm going to get into the

budget

for the week alright guys so this and s the

budget

for the week so for brian's pa income ycheck came out at 3,128.34 cents now i know that's an incredible amount of

money

for a week's worth of work but he was just a few hours away from working 80 hours a the week he worked all weekend and some overtime during the week and we are so blessed that he has the opportunity to do that yeah guys I think February is going to be a very high earning month so I'm trying to be very strategic about how we allocate

money

because we're going to be able to put a lot more into the timing of funds that are needed in certain categories and then we're also going to be able to put a lot more into debt than I anticipated, but I'll just talk about that in future videos and in my budget with me invoices subscriptions 72 dollars I always post them the first week of the month and they come out when they are due and yes I like to mix everything up and keep it in the bank and that'll come out when it's due c elular 240 cable 151 dollars our bi cable I uploaded I don't know why I have to call but in case you still have I think until the 10th or 11th to see if I can download it I hadn't even noticed because I want to say who You still get paper bills but yeah we got the bill and I hadn't noticed and yeah it went up a little under 50 which is crazy but I'm only counting the 151 if it's less then I can add the difference to next week's income so the total is cash dollars

envelope

s we're filling 470 for the week extra spending for the week I'm going to buy the abc mouse subscription for the year for my daughter so it'll be 60 if you pay monthly I think it's 13 so for 12 months it would be 156 dollars and if you pay it just for the year it's 60 so it ends up being like five dollars a month and um that's half more than half much more than half so I'd rather pay for the whole thing and just squeeze go on a budget so that's it and then sink the funds we're going to fill in 540. uh no debt payments this week the total for the week is fifteen hundred and thirty three dollars the total cash we're going to fill in today for cash envelopes and sinking funds is one thousand and ten dollars and the remainder after deducting the week's total from income is one thousand five hundred and ninety dollars and 34 cents left in the bank for the march mortgage payment i like keeping all the leftovers so we can roll it over at the end of the month we pay off the mortgage and then we can work on whatever's left after that, whether we want to throw it into debt or we want to put it into a certain sinking fund because it's going to need it, it's going to emerge, that's how I like to do things, but yes. guys that's going to be the budget for the week ok guys so we're going to start with gas for gas we're going to fill 40 bucks and I've got some rollover so what I'm going to do is put some I'm going to keep some here because we're going to ally weekend we're going to my eldest son's favorite restaurant his birthday was in December and for one reason or another we haven't been able to go so we're finally going this Sunday and it's a bit far. from us so I'll keep you posted what I'll keep 20 instead of 10 so it'll be 60 there and this 51 to 3 will stack up I'll just put it here for the side that we haven't been going anywhere much , but I always like to budget 40 for the week just in case for misc we're putting 20 and there's a rollover as well lemme see I'll stick with it I'm just going to stick with five and I'm going to roll over this 10 too so now there's 25 here heads get 50 and this has you guys too we've done pretty good last month with rollover so I'm going to stick with five because I like to buy them as toys on the dollar tree sometimes or for get more candy or something so I'm going to roll these four bucks too now there's 55 whenever I take out some money to reinvest it.
cash envelope stuffing 1 010 how to budget money for beginners cash envelope method
I did track it down here afterwards. I never really planned if I will keep it or not. after the video so beauty is getting 30 okay yeah 30 bucks and beauty i always leave it never take it out because this is usually for my sons haircuts brian's haircut yes my daughter get a haircut or just for anything related to beauty. its mostly for haircuts honestly i dont really buy makeup or do any kind of beauty routine which i need to start treating myself guys i really need to i haven't plucked my brows yet and if you have done. here long enough you know it's been a while probably over a year though I don't grow much brow hair but they still need a bit of maintenance so there's still 20 40 50 60 De done i gave brian 25 bucks this morning because he's getting a haircut after work the kids are getting f fifty bucks and it's going to be two 20's and two five's and i'm wondering if i should transfer this you know what that I'm going to put this money in your sinking funds and split it whenever we get to that Point this out I'll keep it here as it's going to go into your sinking funds so now you have 20 40 45.50 and that's like we ever go somewhere and they want something from the store or I don't know, they want Starbucks or whatever. kid related i take it from here so i'm going to give and give is get 10 so it will be a fiver and the singles there's five there and i never count this i just put it here and whenever i can help someone i do for you is getting 50 and there's 20 this is my 20 i always keep my spending money here and brian i just give it to him so i'm going to invest this i'm going to put it my sinking fund i'll put it here to the side, so I'll give myself twenty bucks and then I'll give him 30 and I'll put it in the back and give it to him later.
cash envelope stuffing 1 010 how to budget money for beginners cash envelope method

More Interesting Facts About,

cash envelope stuffing 1 010 how to budget money for beginners cash envelope method...

I haven't been spending a lot on anything as you can see there's so much money transferred for takeout that's getting 50 but I'll keep it there because I don't know takeout only I always like to keep it there for the most part 50 55 56 758 , since I mean I don't think we budget that much and take out, I think I budget like 200 for the month and I'd rather leave any roll there so that if one week we don't really go anywhere, but the next week we go a little crazy, the money is already there huh groceries i'll put it in there too but it's getting 150 so 100 let me see and 50 so now there's 100 150 170 180 and the household will get 20 i know a lot of people put the family in your purchases together.
cash envelope stuffing 1 010 how to budget money for beginners cash envelope method
I just like to separate it. I used to budget 500 for purchases but I ran into it went up to 550 just because you know prices have been going up I think it's been good and but if you really think about it that's 550 plus 80 that I have in the household budget , so it is more than 600 in groceries. I like to divide them in two, so now there are 20 40 65. Do you divide it or keep it together? So we're done with this binder I'm going to put it to the side out of the way and now we're going to start with our first sunken binder I always like to start with the thin one so for the emergency fund we're paddling 100 we're trying to build this up pretty quickly and Since this is going to be a high income month, I'd rather try to put as much as we can into the emergency fund just to be able to meet some of the targets for certain envelopes, so now the emergency fund has 1000 1000 I want 100 150 170 190 210 230 250 255 260 265 270 275 like I said I don't know if my budget with me will be higher before this video but you will see my thought process and how we will allocate certain amounts to what at least for the emergency fund 400 um is going to be budgeted for the month of February I always have difficulties with that word home repairs he is receiving ten dollars, so now there are 100 200 300 400 450 4 70 490 510 530 540 545 50 5 51 52 53 home repairs is another one we need to grow pretty quickly but most of brian's secondary income will go to home repairs that's why for the budget monthly I'm only budgeting ten bucks a week home decor is getting ten bucks this one hasn't gotten much love it's just not a priority but eventually it will get will get some more love so now there's 50 70 80 85 86 87 88 I have a hard time decorating my house because I love so many different styles that I can't commit to one so I don't want to do it who has a problem or am I alone do I overthink I'm sure I know I can tell myself you overthink things stuff just do that do it i really need to hear myself much more often so the room remodel is getting 50. this is another one where we're putting a little b m More for the month because if you guys have been here long enough we bought new furniture for our room it was all worth it but we haven't bought much yet as far as decorations and stuff so we really have to do that so I'm putting a lot more here that's 50 100 120 140 145 150 and we're planning to budget like 200 for the month so I break it down into four weeks that's why it's 50 per week and it's like that for every single category unless I know that something is going to come up in the second week or the third week then i will increase the amounts i put in each or whatever so the utilities don't get anything that i can get rid of this sorry i'm talking too much already , but I could get rid of this because instead of taking the money out and allocating something and keeping it here, I could pay a little more for my utilities. to have the credit in the account instead of having it in cash i think i am going to do that so i can get rid of this car maintenance is getting 25 so for car maintenance there is 500 600 620 640 660 680 720 40 45 46 47 48 49 749 i have to go wash the car i take it off annual car maintenance bills is getting how much 15. so you are getting a 10 and a 5. so now there are 50 60 65 70 75 80 85 86 87. this is not getting anything budgeting ten dollars for the month for a christmas bonus that we like to give to our landscaping service and our pool cleaning service i am budgeting ten dollars every month and to end of the year i will be able to have the christmas bonus for them ready to use so let's transfer the funds i'm going to roll over my cash envelopes honestly i don't know what to do with it i didn't even count the roll over so it's 20 40 50 55 60 61 62 63 64 65 66 67 that's a lot of money to go around but I didn't fill it out for the whole month so I saved what was in the envelopes and I'll leave it for the whole month and t So at the end of the month or the beginning of the next month , I'll take what's left and put it in the reinvestment funds and I don't know what I'll do next, but right now we have twenty forty fifty. fifty five sixty sixty five two six sixty seven sixty eight sixty nine seventy seventy one seventy two seventy three seventy four seven five seventy six we have seventy six dollars. and i still haven't participated one of my awesome subscribers actually sent me a february savings challenge but i don't have a printer and haven't gone to staples yet to print it i have to today because i'm supposed to use that money to make some little baskets for my kids for valentine's day so yeah girl thank you so much you know who you are i need to print that and i don't even have an envelope but i'll make one which is going to be my first saving money challenge so i'm really excited to start one so anyway the extras get nothing and you know how much four bucks is left over i think from when my daughter was little um birthday celebration so that I will also put it in the transfer.
cash envelope stuffing 1 010 how to budget money for beginners cash envelope method
I use this envelope if we don't budget for a certain event or something for the month, but I need the money set aside for a particular week because something comes along. up I put it here and then once the event is over I'll take it out and then allocate it wherever I see fit which is usually transferred funds so we end up with the first sagging fence folder and I'm going to go to my seconds so for my daughter she is getting five dollars of our budgeted amount she gets the least amount because she is the youngest she is only three years old andall my other kids are 10 or older than her, so she has a lot more time to save money than my other kids, but anyway, it's five bucks for the budget and I'm giving her $100 as well.
Well, technically, I don't know. I'm going to give it My sister. My only sister. he was just going to put his christmas and his birthday together so he gave me a hundred bucks for christmas and his birthday and yeah he had given them all like all my other kids i had already given them money and brian he got him a game of tools but she's like I don't know what to get her save her money or buy her whatever she wants with it and I'll save it for her because I'd rather save it and if she needs anything we'll use it. from our other sinking funds so that's what one of the hundred dollars is for so now my child you have 500 600 700 800 900 920 940 960 980 1000 10 15 20 25 30 35 40 41 42 43 104 finally got to the thousand dollar mark so i will have to pay 1k when i do a change of bills and i think i beat my kids and my two kids in the middle also got christmas money and everything but usually i dont like to drink their money i dont want to be like here give it to me so i can keep it for you if they want to spend it its up to them so my son phoenix is ​​getting ten bucks.
I would love to get them. Christmas or his birthday money so now he has 500 600 700 800 850 870 890 nine twenty-nine thirty-nine thirty-five nine forty-nine forty-five nine fifty-nine fifty-five nine hundred and sixty and my son Josiah gets ten too, so now he has 500 600 700 800 900 and 10 20 30 40 45 50 55 60. he has the same my son isaiah is 20. and as i said many times he is the oldest so he gets a little more than everyone else so now has 1 100 120 140 150 160 170 180 190 195 2012 1202 back to school is getting ten bucks for this one i think we want to budget around three grand just to have more cushion but we really need to increase this once we get some done from our others because back to school is coming so fast and then we're looking because we didn't save enough so now there's 100 150 170 180 181 82 83 the clothes are getting 75 and this is another one that's getting do quite a bit this month so yeah this is going to get a lot more love this month so now there are 50 70 90. 110 120 135 sorry im explaining almost all um activities get nothing in almost all envelopes , but it's just because this month there's so much change, so much, a lot more money is being put into these envelopes, it's even a little weird for me since I've only been putting like five ten fifteen twenty dollars hasn't been t Much this month is pretty so health is getting to 20. now there are 100 120 140 160 180 195 196 family fun is getting to 30. that's a 20 and a 10. so now there are 100 121 41 61 80 210 15 16 17 18 19. and we'll use whatever's in here for, um, our restaurant outing that we're having this sunday, um, on vacation, there's 25, it's getting 25 and this one hasn't gotten much love either, but it's going to get some this month because um brian really wants for the summer wants to rent an rv and wants to go camping somewhere we don't know where we are yet just in the beginning stages of what we want but it's going to cost some money so we want to be able to have that money in the envelope and when we do it will already be here so that's 100 200 300 400 420 430 435 3637 and if you're new to my channel or if you've never heard me mention it every time you go on vacation you don't get paid for that so um for these upcom months your vacation check because you get paid for your hours every month the most of that money will be saved in our account, so whenever we take that week off or whenever he takes a vacation he's already sitting in the bank and, um, we could pay ourselves the birthdays they're getting fifty bucks this is another one that's going to get so much I feel like everyone is getting so much love but there are some birthdays in December and I mean February so we're trying to be prepared so it's 50 70 85 I think than this video it will be long I apologize in advance if you guys have busy lives what I'm sure Christmas is getting 35 so that's 20 to 30 and a 5 so now there's 100 120 140 160 170 175 180 185 186 the holidays are 25 20 and a five, do you celebrate Valentine's Day? we haven't, we've never really celebrated it and it's not because we're like anti-valentine's day really that's the only time of the year that you show your love the ones you love it's not that at all, it's just that I don't know, i feel like you know you can do something for your loved one any time of the year but we're going to try to change it up for this year so we'll get something small it doesn't have to be anything crazy so now the holidays are 20 30 40 50 55 60 65 70. the dates are 15. hey, maybe we could use the money from the dates and the money from the vacations to do something for each other and then buy buy the kids something small, I don't know, maybe like a shirt or something like that now there's 20 40 50 55 60 65 70 75 how considerate am I huh happy valentines here's a shirt um shopping ain't getting anything there's literally a dollar sitting here so now what I'll leave it there, um brian isn't getting anything and then I'm going to figure it out or that I didn't put this in my children's sinking funds, am I okay?
I'm going to do it right now, so I'm going to put the 20 on my rollover. This is kind of like my savings that I've been accumulating. for not using my spending money brian gave me some money for my birthday so part of it i left here because i didn't know what to do with it can you say i'm so indecisive about buying things for myself? and then the other hundred dollars is actually again from my sister, she hadn't given me anything for christmas and for my birthday either, so she said here you go, here you go one hundred dollars, do whatever you want with it because you're so tough. shopping for you you don't know what you want and i'm all for it so thank you so much sis i love you i really appreciate her she's such a giving person and if you're wondering does she have a budget? cash envelope system guys if I told you how much money that girl has saved you'd be shocked and she literally started this maybe like two years ago and yeah she's doing great but she's just been learning how to manage her money and I I'm so proud of her now let me count my money for what it's 100 200 220 to 4260 280 305 10 15 20 25 30 31. 331 right yeah I don't know what I'm going to do with this money guys as much as I want to save it too i know you guys know we need to have balance in our life and if you want to buy something for yourself there's nothing wrong with that so that's my little pep talk to myself ok so what i'm going to do is change so I'm just going to take a break here and I'll be right back so all I did was give change to all ten I'm going to give my sons five dollars each and I'm going to give my daughter the two dollars that they fit so I'm not even going to tell you guys this video will last like an hour pray and I don't want to take up any more of her time, so I'm going to add an extra five dollars to each of her envelopes. that money to put it like in her little basket uh okay I'll budget an additional budget like I don't know 20 or something like that for next week okay so we're done guys finally I feel like I need some water.
My throat is dry. Well guys, that will be the end of this video. I almost forgot I'm going to do a giveaway in this video. I kind of suck when it comes to these things I always forget so I'm going to do a giveaway on this video to thank you all for being amazing. I've hit 3,000 subscribers and I'm truly grateful and blessed. be building an amazing and supportive community and i hope you guys continue to stick around and enjoy my videos and just interacting with me because it really means a lot i know i don't always comment on every video i have yet to get for a lot of comments i know they are out there and i really love them I really appreciate it but let me get past the mushy stuff and tell you the rules and prizes so rule number one you have to be publicly subscribed please make sure. that you are publicly subscribed because i just want to be fair and you know winners must follow all the rules rule number two please give this video a thumbs up rule number three super easy what is your favorite food just reply what is your favorite food um if you guys have i didn't realize i love the food i guess i think i would consider myself a foodie now for the prices i'll give away four 25 gift cards if you want them from etsy from amazon from target it's up to you too you can let me know in the comment which gift card would you prefer um and yeah that's all you have to do follow those three rules and i will announce the winner in my community post next thursday uh right after i upload my cash

stuffing

video i will post the winners and i I'll let you guys know where you can reach me, which is probably Instagram.
I just don't want to ask you to put your Instagram handle in the comments either here or in the community post because YouTube removes those comments I guess. just think it's spam and i don't want you guys to think i'm deleting the comments because i'm not it's youtube but anyway that will be the end of this video and yeah just follow those three rules if you want to Enter and that's it guys I hope you have an amazing rest of your day or night, see you next time, bye.

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