@@dorisward-mindfullivingcon875by living on less- 4K less per year than her 12,840 yearly income. She likely has no debt. By setting savings aside she is preparing for emergency expenses so she doesn’t need to go into debt to deal with an emergency. She’s found a low rent housing solution - maybe she moved to a lower cost area, and likely isn’t able to afford a lot in utility costs. Heat & electricity will be bare bones. She maybe accesses internet at the library or she’s got a bare bones cell phone plan. I doubt she eats out, and probably exists on a very low grocery budget- perhaps she uses WICC or other programs. Either way she likely uses extreme frugality in her foods. Think beans and rice. She probably shops thrift and charity shops for clothes. I had to live on a rock bottom budget for several years and that’s how it’s done.
My biggest money sponge used to be eating at restaurants, plus the expensive drinks that came with it. Now it's 3 things: dairy, alcohol, and random admin expenses or unforeseen expenses. - Dairy: don't laugh, but I love cheese, and I love putting half&half in my coffee every morning. I always try to buy dairy on sale, but it's still expensive, and I consume way too much of it. Probably close to 25% of my grocery budget is dairy :O - Alcohol: I drink less these days, but this is still expensive, and takes up too much of my budget. Not going out and only drinking at home with my boyfriend helps, but still too much $ is spent in this category. - Admin expenses/unforeseen expenses: Oh, need a new passport? $200! Some fee you forgot about or didn't even know about? $160! Etc. It adds up. So in 2021 I will cut back on the cheese a bit, set a stricter alcohol budget and have at least 2 months of the year completely sober (I actually did it this year too, and already spent less in total), and set aside a bit of $ each paycheck to admin/unforeseen, so that when those extras happen, I will already have it covered.
One of my close friends does this.he calculates his take home pay.his bills.any time he buys anything,he writes it down,pen and paper.he saves receipts.he saves all insurance policies.bank statements.he does not use credit cards.cash or prepaid debit cards,or gift cards. He tracks every.single.penny.meticulously
My mum always said: “No se puede estirar el pie mas de lo que da la manta” “ you can’t stretch your foot longer that what the blanket covers”. She always told us, even as kids, that if you earn ten you get to spend nine but you have to save one, because if you earn ten and you spend eleven you owe one to somebody, and that’s a real problem. Us Spaniards traditionally don’t use credit. We are starting to copy american models but luckily consumer debt is not extended yet. We usually use credit for housing and cars and some people use it for vacations... dangerous in my opinion. I am debt free except for one mortgage and I cannot wait to sell that flat an become completely debt free!
Kate Kaden Hi Kate, I have been a minimalist for about 7 years now.I watch your channel to learn something new. Especially the young people who watch your channel you are their best teacher. Young people watch and learn prepared your selves for the future. Kate even if I won The Euromillions next week I would still be a minimalist. 🤣🤣 Kind regards from Ireland Kate. 👱♀️☕☕
Kate all I can say is YES ABSOLUTELY!! I always hear people say to live “within” your means. I’m always like no live “below” your means. That’s where the savings is. I love that show till death do us part. I used to watch it all the time. At my job I get to help people with their budgets. It is shocking to see people making hundreds of thousands of dollars a year not knowing what their expenses are and living way above their means and in so much debt. I always get surprised by the people making minimum incomes and being able to save and not be in debt. Just like you said sometimes it’s not about the money coming in it’s about the money going out. I completely agree with you when it comes to groceries that’s where the savings is. There are so many ways to save money on food. Meal planning to me is the #1 tip. Great job as always! Loved every minute of it.
Kate you are preaching to the choir with me..I got started later in life...I'm debt free other than my small mortgage...don't miss a thing I gave up and love looking at my savings and retirement accounts. Keep spreading the word!
My parents, one was a saver, one was a spender. Unfortunately they never talked about money to us and I think people model the behavior they see. Consequently I’m late to the game on money knowledge. But better late than never. The Tightwad Gazette was my first introduction to frugal living and an eye opener!
You can do this. Watching debt decline even slowly is a win. I have been there. Its almost a game what creative frugal things can I do to save money. For me its been watching sales at the grocery store and taking advantage of free things like local parks and using the library.
I wish I had learned about finance in high school and college. It should be required to take a class about money including credit cards, budgets, investing, and keeping track of how much you earn vs. how much you spend. Nobody teaches us that. Credit cards are not "free money". But nobody tells you that and you think paying the minimum payment is paying it back slowly. But nobody talks about the interest rate and how you end up paying much more than the item actually costs. Luckily I learned albeit late in life, I am now debt free and will NEVER be in debt again. I'm a person for whom cash is king. of course with the pandemic, I've been using my debit card which is really the same but it's not. Does that make sense? If not, disregard this whole comment., LOL
I TOTALLY AGREE. I hear you loud and clear! I wish this stuff was taught to us WAYYYY earlier! Appreciate you for watching and commenting and always being here. THANK YOU!
5:38 yup! After 3 years of budgeting per paycheck, I STILL under budget for food. There's always something yummy I see and place it in my cart or there was an unexpected item on sale so I get two 🙈
This is my first year creating a Christmas budget and I managed to get all the gifts people asked for/ I wanted to get for them and I still had money left over afterwards. Budgets have been a lifesaver for me this year and helped me save so much more money. Thanks for inspiring me and keeping me on track Kate 🤗
Biggest challenge: food budget...I have done better this past two weeks but I spent ALOT of time planning & budgeting. It works! Just sucking up my time. I’m hoping it gets easier & praying I don’t give up (again). Another struggle has been using credit cards to buy all the monthly things, overspending, then struggling to pay them off before interest hits...such a cycle! I’m SO close to them being 100% paid off!! As I use them, I transfer the money immediately. Again, time consuming. But! I do believe that because it’s been such a struggle that once we get 100% ahead of it, we WONT go back! Thanks for the video!! Defiantly inspires me to keep pressing in!!
I'm a combo of both. I am learning to spend (a lot) less than I earn, and I've just started a side hustle to generate more income! I'm now a certified decluttering coach!
I started watching your channel..listening to all your videos n started changing my mindset about 💰 money and for the first time in my life i could save 1600.for an emergency fund👌 I'm 46 year old n saved money for the fist time in my life..thank u for all that u shared n for your videos THANK U🌹
Never actually been in debt for anything other than my degree/ education. My mum always said "if you don't have it, don't spend it". My biggest downfall though was to spend EVERYTHING I got every month on nice things. I would always think "you've earned this' ... you can save next month etc etc. It took me 10 years to suddenly hear the words 'Pay yourself first". THEN I started to save and only if you do this, and live below what you earn can you save. I dread to think how much I have thrown away on 'STUFF' that is no longer in my life anyhow. Wise words. Thanks... wish I'd found you sooner.
Til Debt do us Part got me through portions of 2017. LOVE it and LOVE your content. I have always budgeted, but I have never really tracked the groceries or other line items that vary from month to month. Watching you, Clutterbug, Natalie Bennett and Joshua Becker have really inspired me to kick start my debt pay off journey.
Thank you for the pep talk. Our food budget is always my problem. We eat out way too much. I know it hurts our budget and my waist 😅 I’m a work in progress.
Good morning Kate. I still watch Gail Vaz Oxlade shows and will occasionally check her out on Twitter. The hardest part is facing the truth but once you do, you actually feel relieved because knowing is hope.
This is my favorite episode. I watch it over and over again. My mistake was, to go shopping on Saturdays as my hobby. Well, I skipped that expensive habit years ago and donated what I accumulated. My new hobby is lending books at he public library. Only 2 Euro per month.
If you cant pay off your credit cards in full every month, you shouldn't use credit cards. Credit cards are for credit and perks, not for cash or an emergency fund.
@@laurah6381 yeah I track my money every single day and know where every cent is going and stay on budget, I dont use my credit cards for spending never have thankfully, I have 5 kids I cant afford to spend money foolishly lol
Thanks Kate, wish I'd have done that when I was working, I started working at 15years old and retired at 68 year's old, I'm not in dept and I do have money saved now but I have been in dept and what a horrible feeling going to bed worrying and waking up and the worry pops back in your head, I help my daughter a lot she's a single mum of two and she struggles, but lately I've been nagging her to budget, she's always going food shopping and buying more than she needed. I have given her your TH-cam channel and told her to follow and learn. 🤞❤️🏴
I have trouble spending less on my groceries. I realize I’m an impulse grocery spender and my family is all overweight because of it. I look at baking and cooking big meals as loving. I have to change this mindset, but don’t know how to start.
Years ago I had the most shocking but also most rewarding day when I finally sat down and embraced a budget. In my case what finally worked for me was using YNAB to get ahold of spending and income. From that point forward I have moved the needle forward in terms of personal financial stability and responsibilities. It is a game changer when you finally see where your money is going, where your money is coming from and what you are choosing to spend it on.
OMG Kate, I've never heard of 'Till debt us do part'. Living in the UK England. Am totally binge watching this now on TH-cam. Wish I'd known about this show before - would have saved by putting off paying for NF lol. Thanks for telling us about it. I've been listening to Dave Ramsey on youtube and although I totally agree with some of the principles of saving for an emergency etc etc. I find this lady TOTALLY on my level and much easier to relate to on a more 'personal' level. It makes a change to hear 'if you follow our baby steps you need to do ....".
Yep, that show is wild. The food budget they get throws me off because it's Canadian, but besides that it's like woah. I can't imagine not knowing my mortgage
I feel you on this one finally decided to track my two problem areas food and shopping has helped saved me a ton on money. I was that person spending around $400 over what my budget was.
It really made me think about budgeting when you said your son knows all we need to know. It's addition and subtraction. Just subtract less then you add in during the month!
I love that show, too. Gail is fantastic, a good blend of blunt but compassionate. Another great show, if you can find it, is Larry Winget's "Big Spender". I learned SO much from these shows when we first started our personal finance journey. Great video, hope you and the little man have a GREAT weekend!
Hadn’t been by in a while, Kate, but had to see what was up with the squad. As always, you bring sensible topics to the screen and tell people things they may not want to hear, but need to hear. Hope you and Kaden are safe and warm! ❤️
Kate I spend more money than I earn but its in investments that I will get back later at my choosing. But certainly a good point for people that live beyond their means.
I love "Till debt do us part!" And what wonderful reminder about spending only what you earn. I learned decades ago (from a story about the Mars Company--you know, the candy company) only to borrow, if you must borrow, an amount that you already have in the bank, so that, in a pinch, you can pay off the debt and not risk financial ruin. I thought that was a good plan. Seems like you wouldn't need to borrow if you have the money in the bank. Seems like you could just buy it. But if that leaves you without savings, that could not be a good idea. Now that's what I learned for when I did use debt. I don't use it any more at all except for mortgage. But for mortgage, I pay bi-weekly, so that there's an automatic extra payment a year. That saves thousands in interest over the years and shaves years off the mortgage. Great video, Kate. Always enjoy yours.
Hi I’m new here and have enjoyed your videos. I’m not in debt but I feel like I went crazy with spending this last year. So I’m going to take control in January. I just called my internet company and got my bill lowered by $15 a month for 1 year.
Simple but true! And not always happening. Great reminder! I need to keep track on my grocery shopping again. I was on top of it until this year hit and somehow lost track! You def motivated me to write the spending down again!
I would have thought the “biggest tip” would be tracking expenses. Tracking helps to spend less than you make. I buy 1 or 2 “RECORD, 12 column” books at Staples yrly & it’s helped tremendously over time. Label the columns, give each a spending total & start subtracting or adding as things come up or $ comes in. I’ve tried the Dave Ramsey app & just get lost every month. This is pen to paper, easily correctable.
Great video Kate! It really is that simple. Not easy, but that simple. And I found till death do us part maybe last year and I binged watched I think almost all of them. Gail really does show them/us how simple it really is and that we can all do it!
Hi, I came across this video almost two years after the fact but was still riveted. Truly one of your best, Kate, wiser words were never spoken. I'm a Gail Vaz-Oxlade fan too. She gave me the final pieces to the puzzle. It was so bittersweet to see Buns though. Poor baby. :(
Thank you so so much!!!! (Paula, sometimes I just get so sad watching the old videos and seeing his most precious perfect face...yet I'm still so grateful for those 16 years!) But ...sometimes it still crushes me. Miss him so much!
Right? and it's the same idea over and over again...but I get it. People want more, but if they could just spend less than they earn...Thank you so much for watching!
For those of us that saw no decrease in income during the pandemic the $1200/person was a big help this year. At least it was for me. I was able to get some work done on my house that I had been putting off. If we get another windfall this winter I’ll be able to put it towards a new mattress. This one has my back aching and my husband complaining. My best to everyone. Hope you are all well and able to work.
I have learned to budget 850 instead of the full amount. Learning to learn to live off a smaller amount in order to pay debt off and save for a expense car repair
I'm on SSDI n save 50 percent of my income....n the rest of it will be going to my car which I will pay for it all CASH.....!! I can only hope that I will be able to make it to my 5 year mark....😊
Till debt do us part, I LOVE this show!!! Just like I love your videos! Thanks. Spend less than you earn, WOW, so easy to say, such an easy concept. Wish more of us would do this! Be blessed !
All excellent info. It is the best feeling in the world to be debt free, have savings, pay bills on time, owe no-one and can spend occasionally on gifts, dinners out vacations and unexpected needs/emergencies. 💕😍💕 Keep the encouragement coming; so appreciated.
One of the Hardest lesson I learned in life ...was spending more than I earned. Don’t know what I was thinking??? Credit cards were self paying???hahahahah
Hi Kate Three of my friends and their spouses were on Til Debt do us Part. Sadly none kept up with the lessons Gail taught and they ended up in more debt and all 3 couples divorced. Consistency is key!
A guy i worked with but couldnt stand him. Had 7 filing cabinet drawers. He had 7 file folders each drawer had a year in it. The folders were designated for every expenditure. Any thing he bought no matter what it was got a receipt for it. Hed note on the receipt what the money was soent on. Hed put the receipt in behind of the last . When the IRS wanted to see his receipts he just pulled the year they wanted folder and took it in. No looking thru shoe boxes for receipts n so on. It works.
I also love the show but I’ve never seen one with a single person- only with couples. I just wish they would feature one with single parent which is my reality. Loving all your videos.
Kate - A video you may want to make is how ways your squad has found success in getting their partners onboard with budgeting. It's such a creative bunch and to be honest it took me years to get my spouse on board. The same approach doesn't work for every household so learning how others "approached" it might be useful. In Til Debt do us Part that was instrumental. Being a broken record with your significant other isn't going to be successful. What techniques worked? Would love to hear their ideas even though thankfully I now have mine on board.
brillant kate, I'll have to watch that tracking and money wasted on food and really needing to track were the things that changes things although I was wired as a natural spender i try to change to speech now by action the Kate method is written on post it on my pH since last yr x my girls watch your vids often and look for buns too
Hi Kate! I also started watching 'Til Debt Do Us Apart a couple months back, and I really love the episodes- I get so excited I want my family to watch it with me, they don't care, lol... Great video as always, thank you😊
As silly as this may sound I am so close to being debt free that I now have a lot of extra money which I am still not used to - I guess I am not content at times until all my money is gone because that is how I am used to living when I did have a lot of debt - now I am treating other people to meals etc. cause I couldn’t do that before - so I guess I just don’t like keeping too much money 🤷♀️😉
If your money is bothering you maybe you can start investing on an indexed fund or high yield savings account, so you don’t see that money in your checking account...or repaying your debt faster so the money is gone (but the debt is gone too)
@@carolc2574 yes that is a wonderful idea ! I will up the amount I put in my 401k and I will try things off in bigger amount or at once - thanks for responding 🙂👍
I need to spend less!! I am working hard at bringing down my current balances (credit cards. My goal is to pay off my car and reduce my credit card debt in half. It’s hardest during the holiday!!
Don't give up. Binge watching Dave Ramsey, Kate, and minimalism videos is what helped me tremendously in becoming debt free and now with a fully funded ER fund. You can do it too!!
My mom is 97 and lives an airline flight away. I visit her 3-4 times a year -- more often these days to help with health emergencies, etc. I do okay with my monthly budget but I usually don't have enough cash to cover all the trip expenses and end up putting some on a credit card. Now that I've found you, I'm trying to include in my quarterly budget. However, what if a trip is unexpected (due to family issue)? Is it better to draw on my buffer? Then pay myself back?
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Im on disability i only get 1070 a mth i have saved 4 thnd this year
Carrie, you are making it happen! So proud of you. Keep it up!
@@KateKaden thanks
That is very impressive😊
How 🤔 ❓️
@@dorisward-mindfullivingcon875by living on less- 4K less per year than her 12,840 yearly income. She likely has no debt. By setting savings aside she is preparing for emergency expenses so she doesn’t need to go into debt to deal with an emergency. She’s found a low rent housing solution - maybe she moved to a lower cost area, and likely isn’t able to afford a lot in utility costs. Heat & electricity will be bare bones. She maybe accesses internet at the library or she’s got a bare bones cell phone plan. I doubt she eats out, and probably exists on a very low grocery budget- perhaps she uses WICC or other programs. Either way she likely uses extreme frugality in her foods. Think beans and rice. She probably shops thrift and charity shops for clothes. I had to live on a rock bottom budget for several years and that’s how it’s done.
My biggest money sponge used to be eating at restaurants, plus the expensive drinks that came with it.
Now it's 3 things: dairy, alcohol, and random admin expenses or unforeseen expenses.
- Dairy: don't laugh, but I love cheese, and I love putting half&half in my coffee every morning. I always try to buy dairy on sale, but it's still expensive, and I consume way too much of it. Probably close to 25% of my grocery budget is dairy :O
- Alcohol: I drink less these days, but this is still expensive, and takes up too much of my budget. Not going out and only drinking at home with my boyfriend helps, but still too much $ is spent in this category.
- Admin expenses/unforeseen expenses: Oh, need a new passport? $200! Some fee you forgot about or didn't even know about? $160! Etc. It adds up.
So in 2021 I will cut back on the cheese a bit, set a stricter alcohol budget and have at least 2 months of the year completely sober (I actually did it this year too, and already spent less in total), and set aside a bit of $ each paycheck to admin/unforeseen, so that when those extras happen, I will already have it covered.
I think I am going to start tracking all the money I spend
One of my close friends does this.he calculates his take home pay.his bills.any time he buys anything,he writes it down,pen and paper.he saves receipts.he saves all insurance policies.bank statements.he does not use credit cards.cash or prepaid debit cards,or gift cards. He tracks every.single.penny.meticulously
My mum always said: “No se puede estirar el pie mas de lo que da la manta” “ you can’t stretch your foot longer that what the blanket covers”. She always told us, even as kids, that if you earn ten you get to spend nine but you have to save one, because if you earn ten and you spend eleven you owe one to somebody, and that’s a real problem. Us Spaniards traditionally don’t use credit. We are starting to copy american models but luckily consumer debt is not extended yet. We usually use credit for housing and cars and some people use it for vacations... dangerous in my opinion. I am debt free except for one mortgage and I cannot wait to sell that flat an become completely debt free!
LOVE THIS!!!!!!
Kate Kaden
Hi Kate,
I have been a minimalist for about 7 years now.I watch your channel to learn something new.
Especially the young people who watch your channel you are their best teacher.
Young people watch and learn prepared your selves for the future.
Kate even if I won The Euromillions next week I would still be a minimalist.
🤣🤣
Kind regards from Ireland Kate.
👱♀️☕☕
Kate all I can say is YES ABSOLUTELY!! I always hear people say to live “within” your means. I’m always like no live “below” your means. That’s where the savings is. I love that show till death do us part. I used to watch it all the time. At my job I get to help people with their budgets. It is shocking to see people making hundreds of thousands of dollars a year not knowing what their expenses are and living way above their means and in so much debt. I always get surprised by the people making minimum incomes and being able to save and not be in debt. Just like you said sometimes it’s not about the money coming in it’s about the money going out. I completely agree with you when it comes to groceries that’s where the savings is. There are so many ways to save money on food. Meal planning to me is the #1 tip. Great job as always! Loved every minute of it.
Love this! Thank you Deb!!
Kate you are preaching to the choir with me..I got started later in life...I'm debt free other than my small mortgage...don't miss a thing I gave up and love looking at my savings and retirement accounts. Keep spreading the word!
Love this video Kate! I am going into Christmas with Money in my pocket money in the bank saved and gifts bought and wrapped!!
Thank you so much Annie!!!
Annie Charlotte
Well done Annie.
Kind regards from Ireland Kate. 👱♀️💕
I know this true. I used to be one of those people. God opened my eyes and blessed me. Now I am in such a better place. I do love your budget videos.
I totally agree, spending below your means is #1!! You’ll have money left over and you get used to spending less than you earn
Christmas is A REAL problem for me because giving is my love language like yours, Kate.
I hear that!!!!!
I agree. I need to spend less.
I'm 28 and so happy to say I started living within my means when I was 24ish and brought my first home by myself at 26. Love your channel Kate ❤️
My parents, one was a saver, one was a spender. Unfortunately they never talked about money to us and I think people model the behavior they see. Consequently I’m late to the game on money knowledge. But better late than never. The Tightwad Gazette was my first introduction to frugal living and an eye opener!
YASSS! Better late than never! Absolutely!!!
I have struggled my entire life. Was a single mom most of the time so I have juggled. It has been a depression thing and have dug such a big hole.
You can do this. Watching debt decline even slowly is a win. I have been there. Its almost a game what creative frugal things can I do to save money. For me its been watching sales at the grocery store and taking advantage of free things like local parks and using the library.
Girl you got this..might not be as fast as others with spouses ..but every small step adds up
You are a strong person to be a single mother. The struggle is real. Take one step at a time and you will move forward.
I wish I had learned about finance in high school and college. It should be required to take a class about money including credit cards, budgets, investing, and keeping track of how much you earn vs. how much you spend. Nobody teaches us that. Credit cards are not "free money". But nobody tells you that and you think paying the minimum payment is paying it back slowly. But nobody talks about the interest rate and how you end up paying much more than the item actually costs. Luckily I learned albeit late in life, I am now debt free and will NEVER be in debt again. I'm a person for whom cash is king. of course with the pandemic, I've been using my debit card which is really the same but it's not. Does that make sense? If not, disregard this whole comment., LOL
I TOTALLY AGREE. I hear you loud and clear! I wish this stuff was taught to us WAYYYY earlier! Appreciate you for watching and commenting and always being here. THANK YOU!
5:38 yup! After 3 years of budgeting per paycheck, I STILL under budget for food. There's always something yummy I see and place it in my cart or there was an unexpected item on sale so I get two 🙈
Tip # 51 for saving your money, to save on your heating bill, turn down your thermostat at night.
I'm still getting used to my thermostat in my new home. It ebbs and flows in ways my old place didn't. LOL!
@@KateKaden As long as it works that the important thing.
This is my first year creating a Christmas budget and I managed to get all the gifts people asked for/ I wanted to get for them and I still had money left over afterwards. Budgets have been a lifesaver for me this year and helped me save so much more money. Thanks for inspiring me and keeping me on track Kate 🤗
Three cheers for the Christmas sinking fund! :)
Biggest challenge:
food budget...I have done better this past two weeks but I spent ALOT of time planning & budgeting. It works! Just sucking up my time. I’m hoping it gets easier & praying I don’t give up (again).
Another struggle has been using credit cards to buy all the monthly things, overspending, then struggling to pay them off before interest hits...such a cycle! I’m SO close to them being 100% paid off!! As I use them, I transfer the money immediately. Again, time consuming. But! I do believe that because it’s been such a struggle that once we get 100% ahead of it, we WONT go back! Thanks for the video!! Defiantly inspires me to keep pressing in!!
I'm a combo of both. I am learning to spend (a lot) less than I earn, and I've just started a side hustle to generate more income! I'm now a certified decluttering coach!
It matters more how much you keep not just how much you make.
I started watching your channel..listening to all your videos n started changing my mindset about 💰 money and for the first time in my life i could save 1600.for an emergency fund👌 I'm 46 year old n saved money for the fist time in my life..thank u for all that u shared n for your videos THANK U🌹
Elizabeth!!! This is soooo exciting!!! Congratulations! I’m soooo happy for you! I’m so glad you are here😍😍😍😍
Never actually been in debt for anything other than my degree/ education. My mum always said "if you don't have it, don't spend it". My biggest downfall though was to spend EVERYTHING I got every month on nice things. I would always think "you've earned this' ... you can save next month etc etc. It took me 10 years to suddenly hear the words 'Pay yourself first". THEN I started to save and only if you do this, and live below what you earn can you save. I dread to think how much I have thrown away on 'STUFF' that is no longer in my life anyhow. Wise words. Thanks... wish I'd found you sooner.
Spend less money than u earn is the key! U know it!
Kitty 🐈⬛ love ❤️ Thanks for your advice. Food and eating out is a sinkhole 🕳
Til Debt do us Part got me through portions of 2017. LOVE it and LOVE your content. I have always budgeted, but I have never really tracked the groceries or other line items that vary from month to month. Watching you, Clutterbug, Natalie Bennett and Joshua Becker have really inspired me to kick start my debt pay off journey.
I was so wrong on my food when i started tracking. Eye Opening
lol --- I also binged "Till Debt Do Us Part!"
Now I'm binging on Kate Kaden .....................
Great ,great advice.💕💕
Thank you for the pep talk. Our food budget is always my problem. We eat out way too much. I know it hurts our budget and my waist 😅 I’m a work in progress.
You are so welcome! You can do it! Yes that pesky yet amazing food! LOL! It's so easy to overspend in this category.
I want a significant emergency fund.... 2021 goal. Thank You Kate great video 🇨🇮💚🇨🇮
Yasss!!!
It’s so funny recognizing our pets voices, even the way they walk.
We can hear them coming & going. 😄
Good morning Kate. I still watch Gail Vaz Oxlade shows and will occasionally check her out on Twitter. The hardest part is facing the truth but once you do, you actually feel relieved because knowing is hope.
Yasss!!!
This is my favorite episode. I watch it over and over again. My mistake was, to go shopping on Saturdays as my hobby. Well, I skipped that expensive habit years ago and donated what I accumulated. My new hobby is lending books at he public library. Only 2 Euro per month.
Kerstin, thank you so much for the huge compliment, AND THAT IS SO AWESOME GIRL! Way to go!!!! You have a new focus! GREAT WORK!
If you cant pay off your credit cards in full every month, you shouldn't use credit cards. Credit cards are for credit and perks, not for cash or an emergency fund.
Your right thats why i dont have one lol
Don’t be fooled-studies show that you spend more when you use a credit card because you don’t “feel” it the same way as when you pay with cash.
@@laurah6381 yeah I track my money every single day and know where every cent is going and stay on budget, I dont use my credit cards for spending never have thankfully, I have 5 kids I cant afford to spend money foolishly lol
I need to have an emergency fund for things that keep coming up and then I have to put them on a credit card.
Thanks Kate, wish I'd have done that when I was working, I started working at 15years old and retired at 68 year's old, I'm not in dept and I do have money saved now but I have been in dept and what a horrible feeling going to bed worrying and waking up and the worry pops back in your head, I help my daughter a lot she's a single mum of two and she struggles, but lately I've been nagging her to budget, she's always going food shopping and buying more than she needed. I have given her your TH-cam channel and told her to follow and learn. 🤞❤️🏴
Jan, thank you so much!
Try to get her to watch Gail Vaz Oxlade’s show as well. She might recognize herself and start to change!
@@cherylT321 Thank you will do.
I have trouble spending less on my groceries. I realize I’m an impulse grocery spender and my family is all overweight because of it. I look at baking and cooking big meals as loving. I have to change this mindset, but don’t know how to start.
You can always try cooking from Clean Eating magazine instead.
Good (and true) content! Thanks for your caring Self!
Thanks so much Jeanne!
It really is as simple and as hard as that.
Years ago I had the most shocking but also most rewarding day when I finally sat down and embraced a budget. In my case what finally worked for me was using YNAB to get ahold of spending and income. From that point forward I have moved the needle forward in terms of personal financial stability and responsibilities. It is a game changer when you finally see where your money is going, where your money is coming from and what you are choosing to spend it on.
Going to relisten to: How low can you go? 👂👍👏👏
Yasss!!!!!!
I love watching you .You make me have hope .
🙌❤️🙏
OMG Kate, I've never heard of 'Till debt us do part'. Living in the UK England. Am totally binge watching this now on TH-cam. Wish I'd known about this show before - would have saved by putting off paying for NF lol. Thanks for telling us about it. I've been listening to Dave Ramsey on youtube and although I totally agree with some of the principles of saving for an emergency etc etc. I find this lady TOTALLY on my level and much easier to relate to on a more 'personal' level. It makes a change to hear 'if you follow our baby steps you need to do ....".
Yep, that show is wild. The food budget they get throws me off because it's Canadian, but besides that it's like woah. I can't imagine not knowing my mortgage
I feel you on this one finally decided to track my two problem areas food and shopping has helped saved me a ton on money. I was that person spending around $400 over what my budget was.
It really made me think about budgeting when you said your son knows all we need to know. It's addition and subtraction. Just subtract less then you add in during the month!
I LOVE that show. I binge watched it last year! It really helped to change my spending habits!
Right!? It's so good!!! AHHH! Hi Cherie, have a great weekend. Thank you for watching!!!
I love that show, too. Gail is fantastic, a good blend of blunt but compassionate. Another great show, if you can find it, is Larry Winget's "Big Spender". I learned SO much from these shows when we first started our personal finance journey.
Great video, hope you and the little man have a GREAT weekend!
I'll check it out! Thank you so much!
Hadn’t been by in a while, Kate, but had to see what was up with the squad. As always, you bring sensible topics to the screen and tell people things they may not want to hear, but need to hear. Hope you and Kaden are safe and warm! ❤️
Thank you for the great tips bought Christmas with money this year not stressing about it.
I’ve started watching that show! I’m addicted Just started watching season 7.
Kate I spend more money than I earn but its in investments that I will get back later at my choosing. But certainly a good point for people that live beyond their means.
The end of debt is in sight. Thanks for your help..
I need to earn more. I’m a terrible negotiator and I’ll just accept anything! But I’m working on it!
I love "Till debt do us part!" And what wonderful reminder about spending only what you earn. I learned decades ago (from a story about the Mars Company--you know, the candy company) only to borrow, if you must borrow, an amount that you already have in the bank, so that, in a pinch, you can pay off the debt and not risk financial ruin. I thought that was a good plan. Seems like you wouldn't need to borrow if you have the money in the bank. Seems like you could just buy it. But if that leaves you without savings, that could not be a good idea.
Now that's what I learned for when I did use debt. I don't use it any more at all except for mortgage. But for mortgage, I pay bi-weekly, so that there's an automatic extra payment a year. That saves thousands in interest over the years and shaves years off the mortgage.
Great video, Kate. Always enjoy yours.
Hi I’m new here and have enjoyed your videos. I’m not in debt but I feel like I went crazy with spending this last year. So I’m going to take control in January. I just called my internet company and got my bill lowered by $15 a month for 1 year.
I’m so gas you are here Cleo! Welcome to the family!
Simple but true! And not always happening. Great reminder! I need to keep track on my grocery shopping again. I was on top of it until this year hit and somehow lost track! You def motivated me to write the spending down again!
I would have thought the “biggest tip” would be tracking expenses.
Tracking helps to spend less than you make.
I buy 1 or 2 “RECORD, 12 column” books at Staples yrly & it’s helped tremendously over time.
Label the columns, give each a spending total & start subtracting or adding as things come up or $ comes in.
I’ve tried the Dave Ramsey app & just get lost every month.
This is pen to paper, easily correctable.
That’s also verrrry important
I just watch this old video Kate. This is such a good reminder ❤
Thank you!!!
"Information and motivation for transformation" you said that in this one so I thought I'd reflect it back and say thank you 😊
🙏❤️🥰
I can’t tell you how many people I talk to who have NO CLUE what their base salary is. Literally no clue.
Great video Kate! It really is that simple. Not easy, but that simple. And I found till death do us part maybe last year and I binged watched I think almost all of them. Gail really does show them/us how simple it really is and that we can all do it!
Hi Kate; well said! I even can't watch these programs because I suffer to see how people are not interested in their own budget.
Ahh! Brutal!!!
Great advice as usual! Still working on digging ourselves out but the hole is getting smaller! 😃
Hi, I came across this video almost two years after the fact but was still riveted. Truly one of your best, Kate, wiser words were never spoken. I'm a Gail Vaz-Oxlade fan too. She gave me the final pieces to the puzzle. It was so bittersweet to see Buns though. Poor baby. :(
Thank you so so much!!!! (Paula, sometimes I just get so sad watching the old videos and seeing his most precious perfect face...yet I'm still so grateful for those 16 years!) But ...sometimes it still crushes me. Miss him so much!
Good ole Common Sense works. That show makes my chin drop every time. 😄😄
Right? and it's the same idea over and over again...but I get it. People want more, but if they could just spend less than they earn...Thank you so much for watching!
I LOVE that show, too!
Such a good show! Thanks so much for watching Lauren!
Kate, you share some amazing tips. These videos keep me on track with my savings goals!!
I'm so so glad! This makes me so happy to hear. Appreciate you so much Tina!
For those of us that saw no decrease in income during the pandemic the $1200/person was a big help this year. At least it was for me. I was able to get some work done on my house that I had been putting off. If we get another windfall this winter I’ll be able to put it towards a new mattress. This one has my back aching and my husband complaining.
My best to everyone. Hope you are all well and able to work.
I love that show!!
I keep watching it and trying to follow her advice even though I don’t place cash into jars🤗
Yes I don't do the jars either, but I can see how that would work for sure!
💙💜 Live below your means playlist please 😊
I have learned to budget 850 instead of the full amount. Learning to learn to live off a smaller amount in order to pay debt off and save for a expense car repair
AWESOME TAMI!!!!!
I'm on SSDI n save 50 percent of my income....n the rest of it will be going to my car which I will pay for it all CASH.....!! I can only hope that I will be able to make it to my 5 year mark....😊
Thank you Kate for your inspirational videos and pieces of advice!! Big hugs from Italy, Stefania
Just popped in to say hello, great to see your site grow, take care...
Till debt do us part, I LOVE this show!!! Just like I love your videos! Thanks. Spend less than you earn, WOW, so easy to say, such an easy concept. Wish more of us would do this! Be blessed !
Glad you like them! Thank you so much Lisa! SOOO glad you are here!
All excellent info. It is the best feeling in the world to be debt free, have savings, pay bills on time, owe no-one and can spend occasionally on gifts, dinners out vacations and unexpected needs/emergencies. 💕😍💕 Keep the encouragement coming; so appreciated.
Love this, thank you SO much Judy!
One of the Hardest lesson I learned in life ...was spending more than I earned. Don’t know what I was thinking??? Credit cards were self paying???hahahahah
Hi Kate Three of my friends and their spouses were on Til Debt do us Part. Sadly none kept up with the lessons Gail taught and they ended up in more debt and all 3 couples divorced. Consistency is key!
NO WAY!!! You knew them! AHHHH!!!!! You're right. Consistency IS key!
I hope you found new friends; people who want to live a frugal lifestyle and stay out of debt!
@@cherylT321 they are still my friends! We respect each other’s way of living and the choices we make in life.
@@2oldcrowscleaning538 That’s good, then!
Totally off topic - sorry, but your hair is AWESOME.
Thank you so much Robin!
Great advice! 👌
A guy i worked with but couldnt stand him. Had 7 filing cabinet drawers. He had 7 file folders each drawer had a year in it. The folders were designated for every expenditure. Any thing he bought no matter what it was got a receipt for it. Hed note on the receipt what the money was soent on. Hed put the receipt in behind of the last . When the IRS wanted to see his receipts he just pulled the year they wanted folder and took it in. No looking thru shoe boxes for receipts n so on. It works.
Kate thank you for all your videos
I also love the show but I’ve never seen one with a single person- only with couples. I just wish they would feature one with single parent which is my reality. Loving all your videos.
I hear that Mary Ann! I saw ONE with a single Mom and she was in a LOT OF financial trouble. My heart was bleeding for her. Gail to the rescue!
Thank you,
Kate!
🥰🥰🥰🥰
Oooh I love that show! I am an envelope system girl normally, but a lot of shops in the uk are not taking cash during Covid so having to adapt.
I have binge listening/watching Till Debt do us part! Thank you for the recommendation! I love it!
You are so welcome! Thank you so much for being here Shea!!!
I love the challenge of living below my monthly income....800.00 a month.....I save 170.00 every month,
Yass Kelly!!!
Kate - A video you may want to make is how ways your squad has found success in getting their partners onboard with budgeting. It's such a creative bunch and to be honest it took me years to get my spouse on board. The same approach doesn't work for every household so learning how others "approached" it might be useful. In Til Debt do us Part that was instrumental. Being a broken record with your significant other isn't going to be successful. What techniques worked? Would love to hear their ideas even though thankfully I now have mine on board.
This is a great idea because I hear that over and over that the spouse is not on board. ❤️
brillant kate, I'll have to watch that tracking and money wasted on food and really needing to track were the things that changes things although I was wired as a natural spender i try to change to speech now by action the Kate method is written on post it on my pH since last yr x my girls watch your vids often and look for buns too
Sarah I love this comment SO much! THANK YOU THANK YOU!!!!
Your tips are truly inspiring! Thanks so much for being you! Jan
Hello my Jan! Adore you and your support is everything! Thank you!
Hi Kate! I also started watching 'Til Debt Do Us Apart a couple months back, and I really love the episodes- I get so excited I want my family to watch it with me, they don't care, lol... Great video as always, thank you😊
LOL! I hear that. I'm the only one in my family pumped about everything I talk about! LOL!!!!! That's okay, we have each other!!! :)
Love this video!!!! Love it!!!!! Love from Sweden 😀❤
Thank you so so much!!!! Thank you for watching and sharing this kind comment! I appreciate you a lot!!!!
As silly as this may sound I am so close to being debt free that I now have a lot of extra money which I am still not used to - I guess I am not content at times until all my money is gone because that is how I am used to living when I did have a lot of debt - now I am treating other people to meals etc. cause I couldn’t do that before - so I guess I just don’t like keeping too much money 🤷♀️😉
If your money is bothering you maybe you can start investing on an indexed fund or high yield savings account, so you don’t see that money in your checking account...or repaying your debt faster so the money is gone (but the debt is gone too)
@@carolc2574 yes that is a wonderful idea ! I will up the amount I put in my 401k and I will try things off in bigger amount or at once - thanks for responding 🙂👍
I need to spend less!! I am working hard at bringing down my current balances (credit cards. My goal is to pay off my car and reduce my credit card debt in half. It’s hardest during the holiday!!
You can do this!!!!
Don't give up. Binge watching Dave Ramsey, Kate, and minimalism videos is what helped me tremendously in becoming debt free and now with a fully funded ER fund. You can do it too!!
My mom is 97 and lives an airline flight away. I visit her 3-4 times a year -- more often these days to help with health emergencies, etc. I do okay with my monthly budget but I usually don't have enough cash to cover all the trip expenses and end up putting some on a credit card. Now that I've found you, I'm trying to include in my quarterly budget. However, what if a trip is unexpected (due to family issue)? Is it better to draw on my buffer? Then pay myself back?
Absolutely! BUFFER TO THE RESCUE, then replenish as you can:) YASSS Diane!
I love till debt do us part! So sad that they had to cancel it.
Yeah such a bummer!!!
I learned a lot watching that show back in the day!