How to Create an EveryDollar Budget | Onlyinvesting.info

By onlyinvesting.info Jun 21, 2021



New to budgeting with EveryDollar? Rachel Cruze walks you through how to set up your very first budget in just three steps (yep, it’s that simple)β€”so you can get after those money goals!
Don’t have EveryDollar yet? Start budgeting for FREE:
Ramsey Network (Subscribe Now!)

The Ramsey Show – Highlights @TheRamseyShow
The Ramsey Show (Full Episodes): @TheRamseyShowEpisodes
The Dr. John Delony Show: @TheDrJohnDelonyShow
The Rachel Cruze Show: @RachelCruze
The Table with Anthony ONeal: @anthonyoneal
The Ken Coleman Show: @TheKenColemanShow
The Christy Wright Show: @ChristyWright
EntreLeadership: @Entreleadership

Related Post

33 thoughts on “How to Create an EveryDollar Budget | Onlyinvesting.info”
  1. We just downloaded the app..I’m self employed… you have no category for taxes. My husband works for a company. You never say if net income or gross income, no property taxes, license renewals, bus or car passes etc but security???

  2. My budget has never equalled zero always minus and I work five jobs now. I don't even have a category for groceries or food or gas still negative…. I use this only to track my expenses and bills I can't make a zero budget unless I cut out electricity or house payments

  3. I was excited to download and use the app, however, I was met with this message: "This app isn't available on Google Play in your region." Are there any Canadians in here currently using this app?

  4. Not very good advice I must say. My advice: You should always start with your savings, 20% is the ideal amount. But if that's too much, then anything is better than nothing. Even if it's just one dollar, start with that. Save for the future first because savings take time to build up. Then you move on to your expenses that you don't have a choice of not paying, like utilities, rent, insurance and such. Next you budget for your meals and groceries. Then finally you budget for stuff that gives you pleasure in life, stuff like Netflix subscription, Spotify subscription, and here I would also include charity. You don't start with allotting 10% of your income to charity, like this lady in the video suggested. That's crazy advice for someone living pay-check to pay-check, which is most of honest to be honest.

  5. Like the other person commented on this… It definitely sounds more wise to get out of debt before committing to giving with some exceptions of say a mortgage. Many of us still have that mortgage debt but still strive to be generous givers whether it be to the church or other charities etc. It can be very rewarding doing this. Also, Depending on how much you make and how much you give there are also tax benefits for giving. So it can also be rewarding financially.

  6. The 4 categories of "Food, Shelter, Utilities and Transportation" do not show up in my "Every Dollar". I suspect that Every Dollar has been updated since this video was originally made in 2021. It is a little bit confusing.

  7. Well, that was painful to watch. Do not set up a new budget every month. Set up a new one every year by month. Don't try to do this on your phone, the screen is too small to give you the big picture. Do it on your computer and use software that lets you enter every single transaction throughout the month and that has a report that shows actual vs. budget. Take a couple of hundred or whatever you typically spend in cash out every month and pay for anything less than $10 with that. Keep up with what those expenses are for a few months and then just call it cash expense since you'll tend the spend cash on the same things over and over.

  8. I dont see the Housing Food Personal Categories ?? Do you have updated training with the current categories. Also how to summarize the spending categories at the end of the month to see where the ACTUAL money was spent?

Leave a Reply

Your email address will not be published. Required fields are marked *