Script #251

Budgeting Tips for a Successful Month Ahead - TikTok

Original Script

At the beginning of every single month, you need to sit down and make your money plans for the month so that you can actually hit goals. Write down the month that you're planning for and then your monthly income. And if your monthly income varies, use a low income month so you are planning on the safe side. Next thing you want to do is write down all of your staples or your fixed expenses. Think of things like Brent, Water, Electric, your Inchrances, Subscriptions, your phone payment, etc. These are all the bills you pay on a monthly basis. Write all that down, total it up down here, subtract it from your monthly income to get your leftover. Next you want to write down any debts that you pay on a monthly basis. You'll write down the minimum amount that you pay every month for credit cards, loans, your car payment, a firm, any debts that you want to pay off need to go here. And then you're going to want to total them up again down here. Subtract that total from this leftover over here to get your new leftover right here. Next we want to focus on your spending or your variable expenses. These are things like groceries, gas, money for eating out, fun money. This is where your spending plan gets fun because this is where you cater it to your lifestyle to make sure that you can actually enjoy your money while trying to hit your goals. If you don't know the numbers that you need to budget for these things, go back and look at past bank statements and take an average of the past three months. Then again, you're going to total that all up here and you're going to subtract that from the number two leftover to get your new leftover right here. Now we can take this leftover into the saving section and allocate it out however you want. Your most important is going to be your emergency fund. You need to be putting something there every single month. You can also save for longer term things like vacation, a new house, car maintenance, Christmas, just to name a few. When you get done with this, you should have zero leftover because this is a zero based budget and it doesn't mean that you have no money, but it just means that every single dollar has a job. Whether that job is saving, paying off debt, even something like eating out or going on vacation, you need to give every dollar a job so that your money doesn't go missing. After you're done here, you're going to go to a calendar, number it all out, write all of your paychecks on the day that you're paid and all of the bills on the due dates to see which paycheck pays for which bills. Now your monthly plans are done and now whenever you get paid, you create a paycheck budget. You go look at the plans that you made at the beginning of the month to see which bills need to be paid with this check. What do I need to contribute to with this paycheck? That way you know exactly what to do with all of your paycheck. If you use this system, it is going to help you get to where you want to go. Over the months, it's going to get easier and easier as you dial it in and figure out what works for you. You could do this on a piece of paper, but if you want my budget worksheets, they are linked to the top of my page. Take the time to make a plan so that you can execute that plan and actually make progress this month. You got this friend.

Provocative Version Ready

**VIRAL REWRITE:**

STOP scrolling. 97% of people will be BROKE at retirement because they ignore this ONE monthly ritual that millionaires SWEAR by...

You think budgeting is boring? WRONG. This system literally creates money out of thin air - and finance gurus DON'T want you to know this.

Here's the thing nobody tells you about money...

Every month you're bleeding cash and don't even know it. But this 15-minute hack? It plugs ALL the holes.

First - grab your lowest income month. Why? Because planning for your worst month makes every other month feel like Christmas morning.

Now here's where it gets CRAZY...

List EVERY fixed expense. Rent, utilities, subscriptions you forgot about - ALL of it. Most people discover they're spending $200+ on stuff they never use.

Subtract that from income. Whatever's left? That's your REAL money.

But WAIT - we're not done bleeding...

Write down MINIMUM debt payments only. Not what you WANT to pay - just minimums. Finance bros will hate this but... you're about to discover why this works BACKWARDS.

Subtract again. Still have money left? Good. You're in the 30% who might actually build wealth.

Now for the part that breaks most people...

Variable expenses. Food, gas, fun money. Here's the SECRET - look at your last 3 months and take the AVERAGE. Don't guess. Guessing is why you're always broke.

Subtract ONE more time...

Here's where the MAGIC happens...

Whatever's left goes to savings. Emergency fund FIRST - this is your "screw you" money. Then vacation, house, car repairs, Christmas.

The goal? ZERO leftover.

Wait, WHAT?!

Every dollar needs a JOB. Even your fun money has a purpose. This is called zero-based budgeting and it's why rich people stay rich.

But here's the part that changes EVERYTHING...

Take this to a calendar. Map your paychecks to your bills. Now you NEVER wonder "can I afford this?" You already KNOW.

Most people skip this step and wonder why they're always stressed about money...

DON'T be most people.

This system gets EASIER every month. After 3 months? You'll budget in 10 minutes flat.

You can do this on paper but my worksheets make it STUPID simple - link in bio.

Here's what happens when you DON'T do this... *pause for dramatic effect*

But that's another video. Try this system for ONE month and watch what happens to your bank account...

Your future self will thank you. Or hate you for waiting so long.

Your choice. 🤷‍♀️

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Video Info

Title:

Budgeting Tips for a Successful Month Ahead - TikTok

URL: https://www.tiktok.com/@hermoneymastery/video/7533678856197115191

Search query:

budget tips that actually work

Category: Finance

Score: 0.68

Script Info

Status Modified

Original length 3318 chars

Created Mar 14, 05:12