BBP REAL LIFE BUDGET | Living Paycheck to Paycheck + Debt

Video Description

It's time for another Real Life Budget. We asked my readers to submit their REAL information. Real spending, real debt, and real savings goals. I am taking those real-life numbers and showing you how I would organize and budget that information using my Budget By Paycheck® Method. In this video, we are going over T's financial situation. This is a different real life budget, where for the first time, I am not putting a community member's information in the Budget By Paycheck Method. Instead, I am showing how to work through hard financial decisions and what you need to do to complete a Red Light/Green Light Test. CHAPTERS: 00:00 Introduction 02:16 Their Story & WHY 04:16 Income 04:39 Fixed Expenses 06:31 Red Light/Green Light Test 13:31 Debt 14:24 Savings 21:13 Encouragement 22:51 Conclusion ➡️ FREE RESOURCE LIBRARY: https://bit.ly/2PDmTHz ➡️ TRACKING YOUR SPENDING USING THE HIGHLIGHTER METHOD: https://bit.ly/3hZ752b ➡️ GET THE BUDGET BY PAYCHECK WORKBOOK: https://bit.ly/3J7qytp ➡️ HOW I TRACK MY SPENDING: https://bit.ly/3aIe89I ➡️ HOW TO USE A BUDGET CALENDAR: https://bit.ly/2IzF2Vj ➡️ FINDING YOUR WHY: https://bit.ly/3aJUryj ➡️ THE BUDGET MOM'S FINANCIAL FREEDOM STEPS: https://bit.ly/3cfJXsp ➡️ HOW TO GET STARTED WITH THE CASH ENVELOPE METHOD: https://bit.ly/2vQJaO5 ➡️ HOW TO CREATE A PLAN OF ATTACK TO PAY OFF DEBT: https://bit.ly/2wDETxF ABOUT ME I'm the blogger behind https://www.thebudgetmom.com. I have a rambunctious 6-year-old son, live in Washington, and I'm passionate about helping people with money management and personal finance. Let me know what you like to learn more about! Leave me comments and suggestions on my video and let me know!