How to Budget with a Low Income | Budget with Me! | Onlyinvesting.info



I’m writing out a $2,000 monthly budget based off of my own budget when I was earning just $2k/month. I am collaborating with @NolanGouveia on this video, so be sure to check out his video to get more tips!

Professor Nolan Gouveia’s video:

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šŸ“CHECK OUT THE HOW TO CONTROL YOUR SPENDING WORKBOOK

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šŸŒŸ My favorite money-saving app: FETCH REWARDS
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22 thoughts on “How to Budget with a Low Income | Budget with Me! | Onlyinvesting.info”
  1. Sooo….if my take home pay is $2000 a month, but the cheapest 1 bedroom in my area starts at $2200…. It is kind of misleading to use 2012 prices to budget a 2023 wage. I am very frugal and just my electric bill is $200 a month, not $10

  2. I get around $1000 a month and half goes to rent so its very hard to save but i try to put away $5 a week away but often find it hard to do so. Iā€™m making it work though

  3. My debts mess me up in savings but im getting rid of them to finally be able to breathe. Even with my own studio($1740/month) ill now be saving at least $800 a month without my debts and this is with a high car payment! Its possible but just don't get yourself in debt with credit cards šŸ˜­

  4. Now I have more knowledge about personal finance, thanks to your channel, I just subscribed.Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. Iā€™m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment.Traveling is now on our horizon, thanks to our financial choices*

  5. I prefer to just focus on just one month only.

    I deduct my fixed expenses – (minus groceries & gas) for the month from my anticipated NET monthly income.

    Whatever monies are left, I divide that by 30 days (til next paycheck). That amounts become my daily budget.

    I force myself to stick to my DAILY budget. Whatever I don't spend out of my daily allowed budget gets transferred to my savings.

    In 10 days, I've saved $320.

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