YOUTUBE The Weekly Simple Budgeting Method with Envelopes AdminJanuary 4, 2024078 views The number one thing I hear is that budget don’t work, but 4 years ago, I was making $60 a week and after budgeting that little $60 now I’ve generated this month around $23,058 Which is 384 times more than I made back them. The Weekly Simple Budgeting Method with Envelopes To Get started you Need: 1. Envelopes https://amzn.to/3690j2z 2. Fireproof Bag https://amzn.to/2QwZv0x 3. Safe https://amzn.to/37kAfS3 4. Piggy Bank https://amzn.to/39n3UMh 5. 1000 money straps https://amzn.to/2tWkFxw Every week: I use two things, my envelopes and my Excel Sheet So here’s what I do when I get paid 1. Emergency Fund ( 6 months worth, I no longer have this account, because I saved enough already, in my case $5,500 ) – Recommended 10% Use the Piggybank as your Emergency account that way you’re less tempted. 2. Investments: This money you’ll put to work in 2 ways, either on assets or you building intelligence. – Recommend 10% to start Story: Beg: when I started this account I only did 10% but now I do 40%, but again I thought I was going to lose because I didn’t know how to invest, I just knew how to flip money Climax: So I took a loan for 7-10k and I held that money, and I download every single audiobook on finance and I devoured it, I think I read more than 30-40 bucks that year, and I didn’t buy then because I could afford it Ending: Now I buy all books and repurchase those books to pay my respects, but that original 7k has grown into 83k 2-4 years later. And I read a book a week. ( that’s why Audible is important ) 3. Expenses: This is where people usually spend 70% or 110%, but when I started I was spending a lot more, because of credit cards ( recommended 50-70% and lower it step by step) Story: Beg: I had lost my job, I had credit card debt and expenses to go to college. Climax: I had to ask my mom for money every day, and it was embarrassing because I wore the fanciest clothes because all the money I did prior I spent it on the material. Ending: I buckled down, cut out all my expenses except food, internet, and minner entertainment. Now I spend roughly 5-6% on expenses. ( on one income on all income it’s like 1.5%) ( you’ll get there also, it’s a process) 4. Debt: this is the account for credit card debt,( I recommend 10-40% depending) Story: Beg: I remember being 19 and owing $3000 on a credit card and having 13k in student loan debt. I felt like my life was over. Climax: My friends told me it’s okay you can default and at worst just go bankrupt. Ending: Thank god I didn’t and I got a job and started paying it off, and today all I have is good debt. But… I still pay 40% towards debt, although my debt has been invested to make more money, so it’s worth it and I should be done by Late June 2020 5. Fun: I Didn’t want to be one of those guys that just saved and saved and never had any fun, So I didn’t. ( Recommend for this 5%) Story: Beg: When I was making $60 I had a girlfriend the same girl I’m with now. Climax: I would set aside 5% of all that money to go on dates with her, or do something fun Ending: That 5% equalled $3 ( straight balling, lol it was bad okay) Now that same 5% gets to be 60 bucks a week from on stream, but if used all my streams it would be $288 bucks per Week ( but we got used to it ) 6. Charity: This is giving back to people in need ( I recommend 1-10%) Story: Beg. When I started this, I offer to buy someone’s groceries Climax: I remember I bought this guy spaghetti and sauce and he wouldn’t stop thanking me. It was 3-8$ bucks max Ending: every time he sees me, he always says hi Budget: https://drive.google.com/file/d/1gKf46GP-gkjrQQnFczZ5tuMVA_VAdi-s/view?usp=sharing * PRO TIP* INFORMATION IS EVERYTHING ????Merch???? https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ ????ACORN FREE $5???? Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 ????????????DISCORD PRIVATE GROUP???????????? ( Limited – Comment if Full) https://discord.gg/JVsXZ6h My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 50,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly source