🌟MONEY CHALLENGES|| HOW MUCH DID I SAVE? 🤑COUNT WITH ME

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  • เผยแพร่เมื่อ 6 ต.ค. 2024
  • Hey friends join me today as I count all my challenges that I have been saving since Jan 2020. This was the first time I ever did these challenges. Hope you all enjoy it and don't forget to LIKE, COMMENT, and SUBSCRIBE. xoxo Mel
    PLEASE UNDERSTAND THIS IS ME SHOWING YOU A FUN WAY TO SAVE, NOT MY INTENTIONS TO SAVE 400K IN 1 YEAR WITH THIS SAVING CHALLENGE LOL. OF COURSE I HAVE OTHER SAVINGS GOALS. BUT THIS IS FOR PEOPLE THAT WANT SOMETHING TO DO WITH THEIR EXTRA CHANGE OR DO HAVE A LOW INCOME. THANKS
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    🌸CHALLENGES
    5-10-20 challenge: 5-10-20 Weekly Savings Challenge: Save $600
    To change it up a bit, yet still keep saving simple, alternate saving $5 one, week, $10 the next, and $20 the third.
    52 week challenge:
    Using the 52-week money challenge, you should deposit an increasing amount of money each week for one year. Match each week's savings amount with the number of the week in your challenge. In other words, you'll save $1 the first week, $2 the second week, $3 the third week, and so on until you put away $52 in week 52.
    Rollover: I use cash envelopes in my wallet,when it’s time to stuff my wallet again on a pay day, any leftover money I had from the previous pay week I take out and put it in my rollover envelope.
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    DISCLAIMER- I am not a financial adviser or expert. I am just sharing my opinions and thoughts during my journey.
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ความคิดเห็น • 1.3K

  • @mel_budgets
    @mel_budgets  3 ปีที่แล้ว +92

    Please understand this is a fun savings challenge. Not my intentions for my actual savings lol. I’m just showing you a fun way to save money for something coming up or even if your younger and don’t have a lot of income coming in. My INTENTIONS IS NOT TO SAVE 400k WITH THIS SAVING CHALLENGE LOL. Thanks again for the support 😘 xoxoxo

  • @JaZebra
    @JaZebra 3 ปีที่แล้ว +3091

    I used your video’s to teach me how to save my cash. Ind I’m 16 and today I reached my goal of $2000 for a car!

    • @patsykoch6478
      @patsykoch6478 3 ปีที่แล้ว +421

      Nice bro! I'm 25 not a old head so please listen when I say drive careful no showing out speeding off for the ladies, no texting playing with phone while driving N dear God homie please don't drive high/drunk off nun! We losing too many to unnecessary crash deaths. Be safe an enjoy ya whipping days haha

    • @littleredhen8695
      @littleredhen8695 3 ปีที่แล้ว +193

      A car is a blessing. Learn how to maintain her, learn how to fix her, and she will make your life infinitely better and easier! Always check your oil and brake fluid, make sure you have power steering fluid and coolant. Get your oil changed every 3000 miles, without fail! It's $20 and way cheaper than a new engine! Check your battery regularly. Only put distilled water in your battery and tighten your battery connections every few months. Enjoy the freedom of your new car and stay safe❤

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +126

      Awesome 👏🏾

    • @cherylT321
      @cherylT321 3 ปีที่แล้ว +21

      Way to go!

    • @sweetgeorgiapeach3620
      @sweetgeorgiapeach3620 3 ปีที่แล้ว +16

      Congrats 🎉

  • @morganlea5242
    @morganlea5242 3 ปีที่แล้ว +1750

    It’s something about brown hands, and counting money that makes me hopeful for my future 😌

    • @davidfirth9342
      @davidfirth9342 3 ปีที่แล้ว +25

      Why is that

    • @jaliyah2025
      @jaliyah2025 3 ปีที่แล้ว +123

      @@davidfirth9342 u won’t understand lmao

    • @davidfirth9342
      @davidfirth9342 3 ปีที่แล้ว +22

      @@jaliyah2025 ohhh try me I'm all ears ? U saying brown people don't make money?

    • @jaliyah2025
      @jaliyah2025 3 ปีที่แล้ว +61

      @@davidfirth9342 no brown people make money but it’s usually white people make more money lol

    • @jaliyah2025
      @jaliyah2025 3 ปีที่แล้ว +33

      @@davidfirth9342 white people know how to save more and I’m speaking for myself , I can’t save for nothin

  • @kristineswisher1348
    @kristineswisher1348 3 ปีที่แล้ว +814

    Why is watching someone count $ extremely gratifying? You sold me!

  • @DESTINIJE97
    @DESTINIJE97 3 ปีที่แล้ว +530

    Saving is an addiction

    • @dallasheadbussa
      @dallasheadbussa 3 ปีที่แล้ว +55

      fr tho im 11 and already have $400+ saved up

    • @Flyingfartmaster
      @Flyingfartmaster 3 ปีที่แล้ว +17

      @@dallasheadbussa Nicee

    • @charlesjohnson1218
      @charlesjohnson1218 3 ปีที่แล้ว +3

      So is investing.

    • @kubitro8597
      @kubitro8597 3 ปีที่แล้ว +11

      More like spending😂

    • @iamawesome196
      @iamawesome196 3 ปีที่แล้ว +3

      @@dallasheadbussa nice thats really goood im 14 and im gonna start working and saving

  • @tnrtnr7706
    @tnrtnr7706 3 ปีที่แล้ว +445

    Started July 2020 I saved over 10k, everyone should save dollars especially if you come from nothing, my mind set is to set up for the next generation and breaking the cycle of always starting over for the next generation. Coming from nothing to making good dollars is probably one of the hardest things to deal with, because you got to mentally fight off the poor mindset and not getting into debt with fancy things.

    • @humbleservant7797
      @humbleservant7797 3 ปีที่แล้ว +4

      You should worry more about inflation and the fall of america which has been in play since last year, and all your money being on a microchip inserted into your body. Being generationally broke already happened, alot of things ppl are chasing in vain.

    • @tnrtnr7706
      @tnrtnr7706 3 ปีที่แล้ว +7

      @@humbleservant7797 nah no one is inserting me with nothing, I'll insert led into anyone who tries, and who are you a humble servent of.

    • @humbleservant7797
      @humbleservant7797 3 ปีที่แล้ว

      @@tnrtnr7706 The Most High. And not your typical christian white jesus, the actual GOD written of in the scriptures.

    • @humbleservant7797
      @humbleservant7797 3 ปีที่แล้ว +3

      Not getting into debt with fancy things i agree with tho. People should learn to live more simply, cause when its all taken away you wont even know how to survive.

    • @tnrtnr7706
      @tnrtnr7706 3 ปีที่แล้ว

      @@humbleservant7797 so you're a Christian who believes in black Jesus?

  • @j.c.8595
    @j.c.8595 3 ปีที่แล้ว +859

    For my challenge, I was able to save $5216.75. Loved your video by the way

    • @nadinenc3097
      @nadinenc3097 3 ปีที่แล้ว +54

      Don't know you but great job.

    • @j.c.8595
      @j.c.8595 3 ปีที่แล้ว +18

      @@nadinenc3097 thank you

    • @SimplyBeautiful516
      @SimplyBeautiful516 3 ปีที่แล้ว +12

      Wha??? 👏🏻👏🏻👏🏻

    • @j.c.8595
      @j.c.8595 3 ปีที่แล้ว +8

      @@SimplyBeautiful516 Thank you

    • @Mikewolverton34
      @Mikewolverton34 3 ปีที่แล้ว +8

      Great job!

  • @Kim-dp6dw
    @Kim-dp6dw 3 ปีที่แล้ว +1695

    The discipline was real

    • @sidneybaldwin3744
      @sidneybaldwin3744 3 ปีที่แล้ว +31

      I need to do that cuz I got a problem 😂😭

    • @MJ-zq3dw
      @MJ-zq3dw 3 ปีที่แล้ว +9

      @@sidneybaldwin3744 major problem. I’m watching like I could never 😂😂

    • @brycemays117
      @brycemays117 3 ปีที่แล้ว

      Fax🤣

    • @Dnmt15
      @Dnmt15 3 ปีที่แล้ว +1

      @@MJ-zq3dw SAME lmaoo

    • @victoriapalferez-siri5952
      @victoriapalferez-siri5952 3 ปีที่แล้ว +1

      Been there and done that twice. Every time stolen.

  • @gianna5493
    @gianna5493 3 ปีที่แล้ว +52

    I’m 13 and started saving. I’ve saved 165 dollars so far. This has really helped me :)

    • @TheComicCrusader03
      @TheComicCrusader03 2 ปีที่แล้ว +9

      I’m 15 so I don’t have to worry about bills and stuff like that (I know how I sound 💀) but I want to save 100$ at least for a “Red dead redemption 2 collectors box” 💀

    • @mirandaluster
      @mirandaluster ปีที่แล้ว +1

      ​@@TheComicCrusader03it's a good habit to start young. I'm 17 and I turn 18 in 10 months. I have to figure out the ways of adulting uncomfortably because my mom never cared about it enough. This past 6 months have been awful for me and I'm very glad you get to only think about a game you want. But I should let you know it's beneficial to save money at your age.

    • @ClusterGameZ130
      @ClusterGameZ130 9 หลายเดือนก่อน

      im 11 and i have 2719$

  • @BimmerBabe
    @BimmerBabe 3 ปีที่แล้ว +184

    i been saving 500 a month for 10 yrs. hardest part is not touching the savings lol

    • @Flyingfartmaster
      @Flyingfartmaster 3 ปีที่แล้ว +5

      fr

    • @oaoskey6051
      @oaoskey6051 3 ปีที่แล้ว +11

      Invest it.

    • @flaquito1684
      @flaquito1684 3 ปีที่แล้ว +2

      Flip it

    • @YouTubeChannel-uo8hf
      @YouTubeChannel-uo8hf 3 ปีที่แล้ว +4

      So you have saved 60k Jesus

    • @aaro9n236
      @aaro9n236 3 ปีที่แล้ว +3

      Know you gotta make that money work for you if its sitting in the bank its doing nothing

  • @victor_sanchez7542
    @victor_sanchez7542 3 ปีที่แล้ว +139

    I’m happy to be part of these type of people that love to save. I myself just reached close to 50k at age 20 which I’m so grateful for. And will continue to save and invest like crazy. Good luck to everyone and hope you all accomplish your goals and remember to stay healthy and safe and always keep a positive mindset

  • @UseYourManners123
    @UseYourManners123 3 ปีที่แล้ว +291

    Aw I like to hear people count money. My Mom RIP used to to that.

  • @jennydelaflor2087
    @jennydelaflor2087 3 ปีที่แล้ว +110

    I became debt free in 2020. All it took was one pandemic, after 10 years of struggling to not spend. I use it now to direct pay all my bills, get that cash back monies, and pay off the balance every month. Congrats on your saving challenge, you're motivating me to open a separate high yield saving account to start letting my money grow.

  • @lalaland2107
    @lalaland2107 3 ปีที่แล้ว +36

    I swear this is a sign.
    I watched several tarot reading videos last month and they all had success in the work/career area and today I was recommended videos like this one after seeing a help wanted last night.
    Thank you, God. Thank you, Divine Spirit. Thank you, Angels. 🙏🏽🙏🏽🙏🏽🙏🏽🙏🏽💖💖💖💖💖💖💖

    • @consistencyiskey_
      @consistencyiskey_ 3 ปีที่แล้ว +1

      Oh my gosh!!! Me too!!! And I didn't even know such channels like this existed, so it was really random that these got recommended to me after watching tarot readings 😂 Gonna be blessed financially, claiming it!!! 💖

  • @Crazii4Mee014
    @Crazii4Mee014 3 ปีที่แล้ว +326

    I actually did this with my piggy bank and saved $145✨🙏🏽

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +10

      👏🏾👏🏾👏🏾

    • @titofulano1629
      @titofulano1629 3 ปีที่แล้ว +3

      How do you save money on 2020

    • @hereyes783
      @hereyes783 3 ปีที่แล้ว +5

      @@titofulano1629 job

    • @lricalaෆit
      @lricalaෆit 3 ปีที่แล้ว +7

      @@titofulano1629 ikr I'm too young to get a job, I dont get paid for chores, I dont get any form of cash unless I find it or ask for something really specific. Like how are y'all saving anything???

    • @shadowsmith1386
      @shadowsmith1386 3 ปีที่แล้ว +1

      @@lricalaෆit they broke

  • @donnamcclenton7340
    @donnamcclenton7340 3 ปีที่แล้ว +49

    I started in December 2019 just saving single dollars and change for no reason and I’m totally disabled and it’s at $300 so no matter your income you can save at least loose change

  • @shandranewell2837
    @shandranewell2837 3 ปีที่แล้ว +225

    Idk you..BUT I'M PROUD OF YOU!!!!!

  • @xvrockstarrr_5598
    @xvrockstarrr_5598 3 ปีที่แล้ว +61

    “I will be going to the bank this morning!” Girl I know that’s right 😩😩

  • @Mellissaruizpa
    @Mellissaruizpa 3 ปีที่แล้ว +92

    Never heard of the 52 week challenge before. Great way to save money! I saved about $50k in 2020. I am 26. Looking to save $60k in 2021. 🙏🏼 🤞🏼

    • @Lovetheonewithin
      @Lovetheonewithin 3 ปีที่แล้ว +1

      That's great. You're young. You should look to invest some of the money you save, if you don't already.

    • @Mellissaruizpa
      @Mellissaruizpa 3 ปีที่แล้ว +2

      @@Lovetheonewithin most of it goes into index funds and my employer retirement account. My savings is in a high interest savings account.

    • @keepitreal5317
      @keepitreal5317 3 ปีที่แล้ว +2

      @@Mellissaruizpa you icey for that

    • @Mellissaruizpa
      @Mellissaruizpa 3 ปีที่แล้ว

      @Baracka Flaka Flame 😇

    • @OneSvT
      @OneSvT 3 ปีที่แล้ว

      @Baracka Flaka Flame I'm 24 as a cloud engineer save that same amount.

  • @markhickman7021
    @markhickman7021 3 ปีที่แล้ว +106

    This is wonderful, the discovery of savings seems to be a lost art. for those who say do this or do that should be careful, I have never been in debt. paid cash for my home. never had a car payment. this was made possible because my parents taught me to save at an early age.

    • @t0neeh213
      @t0neeh213 3 ปีที่แล้ว +5

      You know debt is a good thing if you’re smart about it.... for instance i invest in the stock market with margins.... and i make money with money i never had in the first place so its a win win for me....

    • @frankxoxo8653
      @frankxoxo8653 3 ปีที่แล้ว +9

      @@t0neeh213 but that's a huge risk cause if you lose that money you're fricked

    • @christinay8256
      @christinay8256 3 ปีที่แล้ว

      @@frankxoxo8653 that's true

    • @jasperj.d.g.4147
      @jasperj.d.g.4147 3 ปีที่แล้ว +6

      @@t0neeh213 People really wont shut up about investing 😒

    • @Singlerose55
      @Singlerose55 3 ปีที่แล้ว +1

      I've become a saver after years of being a spender. I have been able to pay off almost all my debt and saving up for a new car. My son's father is a spender and we have fought about savings for our child. He doesn't get why its important.

  • @eriana.nevaeh1002
    @eriana.nevaeh1002 3 ปีที่แล้ว +29

    it’s so satisfying seeing how excited you are i can’t imagine how hard you disciplined yourself! congrats boo

  • @ravechick13
    @ravechick13 3 ปีที่แล้ว +38

    This is soooo motivating ❤️❤️❤️ I’m a HUGE spender and I’m tired of feeling guilty about it because I don’t save. I’m heading to the bank ASAP

    • @illkid86
      @illkid86 2 ปีที่แล้ว +1

      Save boo u can start with just one dollar put a dollar back after any transaction even change and watch what happens

  • @siakelley2345
    @siakelley2345 3 ปีที่แล้ว +68

    Im doing the 5000 52 wk money challenge i already put in 3 wks already so im super excited. Im becoming a notary and signing agent this yr. Already own a sm vending company plus im a cit at work so im excited for this yr great video

    • @HEC892
      @HEC892 3 ปีที่แล้ว +1

      Get it !!

    • @vanessaisso1839
      @vanessaisso1839 3 ปีที่แล้ว

      Go girl!💅💕

    • @siakelley2345
      @siakelley2345 3 ปีที่แล้ว +1

      @@Too_much4u im doing a in person class but its only to prepare me for the test then on to signing agent

    • @Elite12497
      @Elite12497 3 ปีที่แล้ว

      Congrats!! The vending machine business wasn't affected by Covid??

  • @gardenofe12
    @gardenofe12 3 ปีที่แล้ว +43

    Wow 😳 I can’t believe how much money 💰 you saved !!
    I’m also doing the 52 week challenge starting 2021 !!
    I plan on putting $20 a week for the next 52 weeks !!

  • @Jayismynickname
    @Jayismynickname 3 ปีที่แล้ว +92

    The fact that the money is in perfect condition

    • @ahaok6245
      @ahaok6245 3 ปีที่แล้ว +11

      It exercises

  • @gettingjamieback1888
    @gettingjamieback1888 3 ปีที่แล้ว +12

    I love these types of videos. Being a single mom of two on one income with no support from dad, these videos have helped me get on a budget. I am buying a house this year with savings. But next year I a going to do the 52 week challenge and the $1 challenge

  • @justingranstaff6892
    @justingranstaff6892 3 ปีที่แล้ว +6

    This is really good at showing how far a little discipline will take you. I hope everyone reading this can use these ideas to get debt free. Thats when the game changes.

  • @racerx6
    @racerx6 3 ปีที่แล้ว +24

    Mel handles and organizes her money respectfully, a big component to being financially competent.

  • @dischickof805
    @dischickof805 3 ปีที่แล้ว +78

    This makes me want to do a video on my $5 challenge only that i started this yr in july..... good job for saving that $2k + miss

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Thanks !! Yes you should 🤗 like an update video it definitely motivates you.

    • @nohandlebravo
      @nohandlebravo 3 ปีที่แล้ว

      what is the $5 challenge? I am new to all this great stuff!!

    • @dischickof805
      @dischickof805 3 ปีที่แล้ว +2

      Nickie Jones $5 challenge is any $5 u get, u set it aside... if ur doing cash envelopes, u can set aside any $5 u get from a change but dont get any $5 if its from ur sinking fund....

    • @fearlessv2924
      @fearlessv2924 3 ปีที่แล้ว

      3 weeks have been by are you still going with the $5 dollars thing, and if so what are you at so far

  • @lizzybudgets4214
    @lizzybudgets4214 3 ปีที่แล้ว +134

    Omg!!! You did greatttt, 2021 is going to be my first year I do a challenge. I’m so excited

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +8

      Yessss your gunna love it. You got this 🤗💪🏾

    • @ashlieb5678
      @ashlieb5678 3 ปีที่แล้ว

      Liszt Budgets Same!!

    • @letishaandrews9216
      @letishaandrews9216 3 ปีที่แล้ว

      Same here 🙏🏽🙏🏽

    • @Senior-tot-mom
      @Senior-tot-mom 3 ปีที่แล้ว +1

      I've seen videos about these challenges but have NO CLUE to even know where to start I would like to also try in 2021 any tips PLEASE & Ty

    • @anthonyp2883
      @anthonyp2883 3 ปีที่แล้ว

      How is the challenge going so far?

  • @Jenniferslife01
    @Jenniferslife01 3 ปีที่แล้ว +105

    My goal this year is to pay off my school debt and my car payment. The stimulus check I got went towards my car payment and last year I used my tax return towards my debt. I'm planning on doing this next year 2022 after paying my debt off.

    • @daltondavis1803
      @daltondavis1803 3 ปีที่แล้ว

      Ms. Jennifer's Life what interest rate?

    • @cherylT321
      @cherylT321 3 ปีที่แล้ว +1

      That’s awesome thinking!

    • @AuthorLHollingsworth
      @AuthorLHollingsworth 3 ปีที่แล้ว +1

      Im proud of you. My goal is to make better payments towards Navient. 😨😨😨😇😇😇

    • @loyaltyunique7371
      @loyaltyunique7371 3 ปีที่แล้ว

      U wanna hit ur goal hit me up I can most definitely help you out with that

    • @tbags147
      @tbags147 3 ปีที่แล้ว +1

      lets all do our best, i wish you good luck

  • @Eva92317
    @Eva92317 3 ปีที่แล้ว +5

    As for now, I saved 1500€ in 2020 and even put 400€ in my savings account. For 2021, I hope to stay on track cause I'm already saving for the moments I want to buy a house in my late 20s and I'm turning 21 next week. I really hope we all reach our goals in the future and for my American people who which for it, to be debt free as soon as possible ! Happy New year guys !

  • @SimplyBeautiful516
    @SimplyBeautiful516 3 ปีที่แล้ว +7

    Oh. My. Goodness.
    You’re an inspiration!
    I saved up $1000 even and paid for everything from Thanksgiving through Christmas and New Years . All gifts, food, and travel for our family of 9 out of our grocery, gas, and clothing budget because I learned how to save on those.

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +1

      Family of 9 ?? Now that’s inspiration awesome 👏🏾 keep up the great work.!

  • @denisedivine4283
    @denisedivine4283 3 ปีที่แล้ว +19

    Congratulations on your saving! Being disciplined with money is difficult. Your obedience will pay off greatly! I started with a remixed version of Dave Ramsey baby steps and have since been a Reddit lurker and am on my way to F.I. I’m still on my journey and have learned a simplistic lifestyle is best for me. When I spoil myself I go all out! I’m actually getting ready to dye some of my black clothes black; I hate when they are different color blacks. It helps me cut down on always buying new clothes. Totally random but part of the plan. Keep up the great work, sis!

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +1

      Yup I had to do a remixed version of his steps also. Whatever works for us is best.

  • @mica8230
    @mica8230 3 ปีที่แล้ว +37

    When she organized the money I thought she would play monopoly

  • @epicscratcher5162
    @epicscratcher5162 3 ปีที่แล้ว +80

    Damn get it girl. Saving is possible.

  • @me21464
    @me21464 3 ปีที่แล้ว +47

    Looking at someone else “raining”! Reign the throne Queen!

  • @KarleeP17
    @KarleeP17 3 ปีที่แล้ว +31

    I saved $2,700 this year. 😛

  • @Run2Nguyen
    @Run2Nguyen 3 ปีที่แล้ว +51

    Damn discipline is real...my wife and I are doing the 52 week envelope challenge.so far it’s been fun. Saved so much already ..

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +5

      Your right it’s really a fun way to save. Thanks for watching and keep going 💪🏾 with your challenges you got this.

  • @virsapiensfortisest922
    @virsapiensfortisest922 3 ปีที่แล้ว +6

    I did the same thing. I’m a single mom with 3 kids that gets zero child support. I was able to save enough this year to pay cash for a piece of property. Thank you God!!!
    Next, I’m going to save to be able to pay cash for building materials to build a small house for us. I’ll never have to worry about us being homeless (a common worry of mine is if I ever get cancer, hurt bad, or lose my job).

  • @Conservchick854
    @Conservchick854 3 ปีที่แล้ว +24

    Who would hit the thumbs down button????? Haters who can't save money...., thats who!!!!! Congrats! I love watching people succeed!!!

  • @mel_budgets
    @mel_budgets  3 ปีที่แล้ว +62

    You guys are amazing I’m trying to get to all the questions and comments. Thanks for the positive vibes. Any negativity will be deleted nobody got time for that lol Will be doing a video on different types of challenges and the ones I will be starting. ☺️💕

    • @theayegerlehner7793
      @theayegerlehner7793 3 ปีที่แล้ว +1

      Because of watching your video last year- I saved all my $5 bills got my adult children’s Christmas (they each received $300 cash! ). Plus I saved all my $1 bills for our yearly trip to my sons out west. This money paid for all our eating out!! You are so encouraging!!

    • @joshuahampton4714
      @joshuahampton4714 3 ปีที่แล้ว

      Congratulations good job u should do a give away doesn't have 2 be nothing big

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      @@joshuahampton4714 I am doing one in my most recent video we are giving away $100

    • @itseclectic24
      @itseclectic24 3 ปีที่แล้ว

      How did you do the first challenge ( $1399)...great vid🔥🔥🔥🔥🔥🔥🔥❤️

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      @@itseclectic24
      Using the 52-week money challenge, you should deposit an increasing amount of money each week for one year. Match each week's savings amount with the number of the week in your challenge. In other words, you'll save $1 the first week, $2 the second week, $3 the third week, and so on until you put away $52 in week 52.Dec 8, 2020

  • @jacitucci
    @jacitucci 3 ปีที่แล้ว +6

    I love this. First video of yours I watched and I’m proud of you. I’m doing a 52 week challenge to save $5,000 but what makes it stand out that it’s not a “week by week” that gradually increases. There’s 52 boxes with amounts ranging from 25-200. Whatever your budget is that week you’ll find the box suitable at that time for your wallet at that time of the year and cross it off. And I’ll do more than one box at a time when I get my hands on extra money due to tax refund, stimulus, mandated overtime, etc.

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Ohhhhh I like that I want to do $5000 challenge this year but I would like to be able to pick what a want to put in since it’s a bigger amount. Is there a template you use? Thank for the info 💕

    • @jacitucci
      @jacitucci 3 ปีที่แล้ว

      @@mel_budgets I sent it to you via DM on IG.

  • @IneffableExistence777
    @IneffableExistence777 3 ปีที่แล้ว +6

    Im here today as a single mother struggling to save and find balance ill keep tabs and check in a year to talk about how much i saved thank you for this motivation ❤️
    UPDATE: So Far I’ve Come From Saving 0 to Now 3K Thank You 😭😭😭

  • @SiimpleLogic
    @SiimpleLogic 3 ปีที่แล้ว +14

    The DEDICATION was ASTRONOMICAL 😳✨

  • @oliviar5724
    @oliviar5724 3 ปีที่แล้ว +5

    So happy for everyone in the comments! Hopefully i’ll get a job soon and be able to save ! Congrats all💕!

  • @HEC892
    @HEC892 3 ปีที่แล้ว +24

    Awesome I was able to save 2600$ in 2020 I hope to double that in 2021

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +1

      Yesssss that’s what I love to hear.Awesome job. We got this 💪🏾

  • @nickysunshine8494
    @nickysunshine8494 3 ปีที่แล้ว +2

    So motivating! My goal is 10K in 2 years. So taking it 5K at a time ...every 6 months. 🙏🏾

  • @JameeWoodard
    @JameeWoodard 3 ปีที่แล้ว +3

    The money roll over saving is great. So freaking exciting

  • @queenkincy540
    @queenkincy540 3 ปีที่แล้ว +14

    I was doing this when I was working as a waitress at waffle house I would separate all my bills and change had close to a thousand in tip money plus my pay check now that I'm about graduate from college this was helpful for me I still keep my routines as if I was working again

  • @mrbond9882
    @mrbond9882 3 ปีที่แล้ว +4

    I do a 5k challenge 2 sometimes 3 times a year. When I open the envelope up with 10k I smile so hard my face starts hurting

  • @dpaper7962
    @dpaper7962 3 ปีที่แล้ว +6

    Great job! I'm happy ppl actually take the time to post videos on savings or anything bc it definitely help other ppl in the world to get motivated to do the same thing. Hope you continue to share your experience! I work in the medical field so money is flying at me left nd right so for my savings challenge I'm saving a minimum of $2,000/week for 2021 just like 2020! Wish me luck!

  • @SeanBaker
    @SeanBaker 3 ปีที่แล้ว +13

    Some of y'all just be on here talking. Cash is perfectly fine. Investing can be good, but you don't have to always invest money. Cash in the bank gives me that real good sleep knowing I can quit my job and not work for a couple years.

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +4

      Thank youuuuu, finally someone said it. It’s awesome to invest, but not everything I have.

    • @ordinaryhuman5645
      @ordinaryhuman5645 3 ปีที่แล้ว +2

      If it's in the bank that's cool. Safer there and you should be able to get 1% or 2% interest to offset a bit of inflation.
      Having it lying around in random envelopes around the house or in a wallet seems weird. And as an ordinary human, I'm on expert on whether things are weird.

  • @franciscozamora5788
    @franciscozamora5788 3 ปีที่แล้ว +34

    Every Friday I’m going to put 100 in my savings

    • @t0neeh213
      @t0neeh213 3 ปีที่แล้ว +1

      Put 27.40 everyday in your savings account.....

    • @t0neeh213
      @t0neeh213 3 ปีที่แล้ว +1

      You’ll thank me later

    • @franciscozamora5788
      @franciscozamora5788 3 ปีที่แล้ว

      @@t0neeh213 I’ll give it a try

    • @t0neeh213
      @t0neeh213 3 ปีที่แล้ว +1

      @@franciscozamora5788 yup if you do it for 365 days you’ll have 10k

    • @t0neeh213
      @t0neeh213 3 ปีที่แล้ว +5

      @@franciscozamora5788 i did that challenge 2 years ago and last year i upped it to $40 daily and this year im trying to make it $50 daily

  • @rpwatcheswhetever
    @rpwatcheswhetever 3 ปีที่แล้ว +4

    I'm really happy to see this. It's important to take the time to celebrate accomplishments :) I wish you the best in your financial journey! Keep learning, keep using your saving tools, and keep your head held high!

  • @galaxyluvscookies1763
    @galaxyluvscookies1763 3 ปีที่แล้ว +2

    I’m a child who doesn’t have a job but loves to watch this kind of vids

  • @ChanikRose
    @ChanikRose 3 ปีที่แล้ว +42

    It’s me again lol. Can you do another video breaking down how this savings strategy works please x

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +21

      That’s actually a good idea 💡 I will try to put something together the beginning of the year

  • @areamooncat51
    @areamooncat51 3 ปีที่แล้ว +2

    watching you save this much, money makes me think we all can do it even if we aren't getting much in our paychecks.
    if we put in a little bit into retirement, a car, a house or whatever investment you thinking of it could go a long way.

  • @zigma10473
    @zigma10473 3 ปีที่แล้ว +9

    this is nice i am broke & motivated to try😂😂😂🤦🏾‍♀️

  • @IntentionalMillennialBudgets
    @IntentionalMillennialBudgets 3 ปีที่แล้ว +6

    “I’m balling” 😭🤣🤣. Yesssssss even if I save a quarter I feel like I’m doing something 😭

  • @PrincessDiana1256
    @PrincessDiana1256 3 ปีที่แล้ว +11

    I have a cute little white piggy baby with cute pink shoes. Every so often, finding change, I'd pop change in there. Only counted up to 36 bucks but it m ade me happy. Goes to savings.. thanks for being so inspiring!.

  • @ArinSauls
    @ArinSauls 3 ปีที่แล้ว +1

    Totally need to do this just to save for my sons 16th birthday vacation next June. So glad I watched this. Thanks for sharing

  • @RISINGREMNANT
    @RISINGREMNANT 3 ปีที่แล้ว +13

    Congrats girl 👏🏾👏🏾👏🏾 Have you heard of the 100 envelope challenge? I’m doing that one this year! Number 100 envelopes from 1-100 and each day you pull one and put the dollar amount inside of whichever number envelope you pulled! At the end of 100 days you’ll have a little over 5k. If you want 10k in 100 days, double the amount you put in each pulled envelope ☺️ #HappySavingGuys ☺️

  • @JosePerez-yx3eh
    @JosePerez-yx3eh 3 ปีที่แล้ว +2

    You should be very proud of yourself 😌
    I most definitely have to give this challenge a shot!

  • @shyudasmith2382
    @shyudasmith2382 3 ปีที่แล้ว +3

    While doing challenges I have learned now that saving money brings more money💵

  • @RoadtoFIRE
    @RoadtoFIRE 3 ปีที่แล้ว +9

    Watching you count is so relaxing! Love this, awesome job.

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Thanks, happy you enjoyed it

  • @fernandovera1328
    @fernandovera1328 3 ปีที่แล้ว +4

    This was acuatlly kinda fun seeing some count there savings

  • @keilani-anneolkeriil3798
    @keilani-anneolkeriil3798 3 ปีที่แล้ว +3

    You did an amazing job! I'm going to start some of these challenges this year and watching this video just gave me that extra motivation that I needed! Thank you!

  • @nashswallet
    @nashswallet 3 ปีที่แล้ว +6

    Love the video! This makes me so excited to work on my savings challenges for this year!

  • @MalluStyleMultiMedia
    @MalluStyleMultiMedia 3 ปีที่แล้ว +7

    I used to have that TI 83 calculator in high school 😀 I think I still have it somewhere

  • @tinawilliams9163
    @tinawilliams9163 3 ปีที่แล้ว +2

    I just stumbled upon your channel and I am so happy I did!! I am so inspired to do my own challenges this year!! Thank you!

  • @12Messenger
    @12Messenger 3 ปีที่แล้ว +9

    I only save paper. Whenever I go to the store and purchase something I'll tell them to keep the change, give it to my little sister or stick it in the donation box. I don't like loose change but i see how it adds up

  • @keepinitsk8a516
    @keepinitsk8a516 3 ปีที่แล้ว +35

    I like to count my money backwards, it’s faster.

    • @KaiaXoxo
      @KaiaXoxo 3 ปีที่แล้ว +2

      😂😂😂

    • @The_Mysterious_Saiyan
      @The_Mysterious_Saiyan 3 ปีที่แล้ว

      Wth 😂😂😂😂

    • @jamari777
      @jamari777 3 ปีที่แล้ว +1

      Webbie

    • @rawlvee
      @rawlvee 3 ปีที่แล้ว +1

      What do you mean

    • @kind-heartedcornejo3513
      @kind-heartedcornejo3513 3 ปีที่แล้ว +5

      "I AIN'T NO RAPPER IM A TRAPPER, NO ACTOR" R.I.P. Lil Phat.. Louisiana's in the building🙏🏽

  • @ohnoaimie7722
    @ohnoaimie7722 3 ปีที่แล้ว +1

    I just found your channel and i'm addicted even tho im only 13 your teaching me so much about savings thank you so much love you !❤

  • @yahairalopez4003
    @yahairalopez4003 3 ปีที่แล้ว +5

    Gurlll i feel so inspired rn😭,, and same around this time is when i’m the most low financially. I’m FOR SURE gonna try this starting 2021🥵💅🏽Great video !!

    • @abigailwilson8717
      @abigailwilson8717 3 ปีที่แล้ว

      Glad to know I’m not the only who struggles in the beginning of the year

  • @ScrewedupClicksta713
    @ScrewedupClicksta713 3 ปีที่แล้ว +1

    It’s easier if you weigh 2 or 3 bills for a constant and just throw the stack on a scale if you have one. I always count my bigger bills to be extra sure but the scale method works great if you have roommates

  • @WellBalancedWallet
    @WellBalancedWallet 3 ปีที่แล้ว +6

    Omg! I admire your discipline. I think I’m going to try a few savings challenges in 2021. Great job!

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +1

      Yes you won’t regret it. 😊

  • @erinpidcock2017
    @erinpidcock2017 3 ปีที่แล้ว +1

    ive worked part time since i started working five years ago during school and im excited to finally get a full-time summer internship that i'll actually get to put money away from :D

  • @laurenbudgets6036
    @laurenbudgets6036 3 ปีที่แล้ว +3

    i’ve gotta do some of these challenges this year! so inspiring to see how much the small amounts add up

  • @kirakira8402
    @kirakira8402 3 ปีที่แล้ว +1

    I’m so glad I saw this. Saving is the one thing I’m horrible at but it needs to be done as I’m an adult now 😂

  • @amyl894
    @amyl894 3 ปีที่แล้ว +6

    So proud of and inspired by you!!!!

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Thank you so much 😊

  • @Blankcathedraals
    @Blankcathedraals 3 ปีที่แล้ว +1

    Just found your account but I’m super excited to go back and watch your older videos !!!!!! I’m pretty young (college) and trynna figure out how to save with the part time job I have currently!! And this is super motivating!! Thank you for making this video!!!

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Your welcome thank you for watching. You are in the right track, keep it up.

  • @TheCXBbudget
    @TheCXBbudget 3 ปีที่แล้ว +14

    I wish British paper money was all uniform in size and came in 1s. This speaks to the ocd in me lol
    I’m sure I counted an extra 5. Well done girl 👏🏼

    • @aprils4211
      @aprils4211 3 ปีที่แล้ว

      I counted an extra 5 too! I kept replaying it thinking I was going crazy but I still see an extra 5. Lol. Counting money is sooo satisfying and relaxing. I enjoyed this video

    • @JazzymineA
      @JazzymineA 3 ปีที่แล้ว +1

      That's awesome. I think this helps to vision impaired in keeping track of their money.

  • @mechie2542
    @mechie2542 3 ปีที่แล้ว +2

    Stopped by because it was in my recommendations. Love what you’re doing. breaking generational curses all 2021. 💪🏾💯 It’s unfortunate that they don’t teach this in school. Especially, stuff like the stock market and stuff that can grow the money someone has saved up. During the begin of the pandemic I learned how to invest and I threw in a thousand or so and fast forward a few months later I’m up $3500. I encourage everyone to invest. don’t let that money just sit. Again, love what you’re doing for yourself and others.

  • @rowseerose9416
    @rowseerose9416 3 ปีที่แล้ว +15

    Wow! Great job, so inspiring 👏🏼

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Thanks I’m so happy!! Cait wait for 2021

  • @ModernDayMoses
    @ModernDayMoses 3 ปีที่แล้ว +1

    Had to check out your videos! I love the 5-10-20 challenge! Congrats on your 52 week challenge!

  • @jessicajones4318
    @jessicajones4318 3 ปีที่แล้ว +7

    That’s awesome! Congrats ! That yellow long sleeve looks so flattering on your skin tone, btw. Hopefully that doesn’t come across as weird, idk, but your nails are awesome too!

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว +2

      Not weird at all thank you I actually don’t wear a lot of yellow but I’ll start thinking about it. Thank you for watching 💕

  • @elixa3157
    @elixa3157 ปีที่แล้ว +1

    Bruh idk but like this I so relaxing I'm literally on the verge of sleeping

  • @plantasyjardines
    @plantasyjardines 3 ปีที่แล้ว +3

    Congratulations for your savins! Kind regards from Spain! 🤗

  • @RowanBlake
    @RowanBlake 3 ปีที่แล้ว +2

    if I have a quarter I find a way to spend it, I am impressed that you are able to leave that money alone. I know I couldn't do it.

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      It’s crazy I was like that but I realized that at the end it will be worth it. Just try small ones to start and you’ll amaze yourself. Thanks for watching💕

  • @ChanikRose
    @ChanikRose 3 ปีที่แล้ว +5

    Girl I’m doing this for next year! You did so well. Congratulations x

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      Thank you so much. Your gunna love it.

  • @prettylokee2361
    @prettylokee2361 3 ปีที่แล้ว +2

    This is inspiring it would feel good to deposit that much cash and to see how hard you worked to save. This will be the first year I will start and complete the challenge I never finish! I

  • @Prosperouslypiink
    @Prosperouslypiink 3 ปีที่แล้ว +8

    Love this!! I’m trying to figure out which challenges I want to do for the New Year!! Thanks for sharing 🤩

    • @Senior-tot-mom
      @Senior-tot-mom 3 ปีที่แล้ว +1

      @Prosperously_ Piinkk how do u find a list of these challenges to try please and ty

    • @Prosperouslypiink
      @Prosperouslypiink 3 ปีที่แล้ว

      @@Senior-tot-mom i look on Pinterest just type in Money Challenges and a whole punch come up !

    • @mel_budgets
      @mel_budgets  3 ปีที่แล้ว

      She’s right Pinterest is the way to go!!! Also google. 😊

  • @radgamez738
    @radgamez738 3 ปีที่แล้ว

    feels so good having money saved up like that but the hard part is actually having the discpline to save it and not dip your hands in it lol that my problem that im working on

  • @emilydillon9238
    @emilydillon9238 3 ปีที่แล้ว +3

    This is what consistency looks like! Well done!!

  • @camaarillo
    @camaarillo 3 ปีที่แล้ว +2

    I need to get a bigger jar. my mason jar is full! I had so much change! So many quarters and pennies lol 😂 Ima do the ziplock bag thing!

  • @stevie.on10
    @stevie.on10 3 ปีที่แล้ว +20

    Saving isn’t to that hard save quarters for a year u have way more

  • @maja_papaya
    @maja_papaya 3 ปีที่แล้ว

    If you dont know what everything in your stack adds up to you can try formatting it like this in a calculator (for example) If you have 9=20's & 6=5's, do (20*9)+(5*6) and press enter and it will give you your total!

  • @sheliasmith7691
    @sheliasmith7691 3 ปีที่แล้ว +7

    That is Amazing. CONGRATS!!

  • @jerrichurch
    @jerrichurch 3 ปีที่แล้ว +2

    Great job! I need to learn how to be this disciplined