Budgeting Basics for Beginners
Struggling to manage your money? Living paycheck to paycheck?
This is the video you can’t afford to skip.
Inside this beginner-friendly budgeting guide, I’ll show you how to take control of your money, stop overspending, and finally start saving — even if you’ve never budgeted before.
No complicated math. No boring lectures. Just real, simple tips that actually work.
In this video, you’ll learn:
✅ What budgeting really is (and why it’s not scary)
✅ The easiest way to start managing your income
✅ Step-by-step how to build your first budget
✅ The most common budgeting mistakes to avoid
✅ Tools and apps that make budgeting super easy
Whether you’re a student, side hustler, or just trying to stop living broke — this video will help you start strong.
💬 Drop your budgeting goals in the comments!
👍 Like if this helped — and don’t forget to subscribe!
Because remember — Every Dollar Counts.
#JamesWilliams #EveryDollarCounts #BudgetingBasics #EveryDollarCounts
#BudgetingBasics
#JamesWilliams
#MoneyTips
#PersonalFinance
#StopBeingBroke
#MoneyManagement
#Budgeting2025
#BeginnerFinance
#WealthBuilding
Struggling to manage your money? Living paycheck to paycheck?
This is the video you can’t afford to skip.
Inside this beginner-friendly budgeting guide, I’ll show you how to take control of your money, stop overspending, and finally start saving — even if you’ve never budgeted before.
No complicated math. No boring lectures. Just real, simple tips that actually work.
In this video, you’ll learn:
✅ What budgeting really is (and why it’s not scary)
✅ The easiest way to start managing your income
✅ Step-by-step how to build your first budget
✅ The most common budgeting mistakes to avoid
✅ Tools and apps that make budgeting super easy
Whether you’re a student, side hustler, or just trying to stop living broke — this video will help you start strong.
💬 Drop your budgeting goals in the comments!
👍 Like if this helped — and don’t forget to subscribe!
Because remember — Every Dollar Counts.
#JamesWilliams #EveryDollarCounts #BudgetingBasics #EveryDollarCounts
#BudgetingBasics
#JamesWilliams
#MoneyTips
#PersonalFinance
#StopBeingBroke
#MoneyManagement
#Budgeting2025
#BeginnerFinance
#WealthBuilding
Category
📚
LearningTranscript
00:00Tired of wondering where your money goes every month?
00:04Feel like you're working hard but still broke?
00:06You're not alone.
00:07But here's the truth.
00:08Rich or poor, the game changer is budgeting.
00:11And today, I'll show you the simple, beginner-friendly way to start.
00:15Let's break budgeting down into easy steps anyone can follow, even if you hate numbers.
00:20This is the video I wish I saw when I was broke.
00:23A budget is not a punishment.
00:25It's not about cutting out fun.
00:26It's just a plan.
00:27A plan for your money before you spend it.
00:30Think of it like a GPS for your paycheck.
00:33You tell your money where to go instead of wondering where it went.
00:36Every dollar needs a job.
00:38Some dollars go to bills, some to saving, some to fun.
00:41But none should go to waste.
00:43Here's what happens when you don't budget.
00:45You overspend.
00:46You fall into debt.
00:47You miss savings goals.
00:49And worst of all, you stress about money constantly.
00:52But when you do budget, you stay in control.
00:55You hit your financial goals faster.
00:56And you feel confident about the future.
00:59Not scared of it.
01:00So let's build your first budget together.
01:03Step 1.
01:03Know your income.
01:05Know exactly what you bring in.
01:07After taxes.
01:08Side hustle.
01:09Count it.
01:10Tips.
01:10Count those, too.
01:12Don't guess.
01:13Check your pay stubs or bank account.
01:15Be real with yourself.
01:17Step 2.
01:18Track your spending.
01:19Look at your last 30 days.
01:20Where is your money actually going?
01:23Rent.
01:23Food.
01:24Subscriptions.
01:25Coffee.
01:25Uber rides.
01:26Amazon orders.
01:27List it all.
01:28You need to see your spending truth before you can fix it.
01:31Now split your spending into three buckets.
01:34Essentials like rent.
01:35Food.
01:36Bills.
01:37Lifestyle.
01:38Fun stuff.
01:38Entertainment.
01:39Restaurants.
01:40And financial goals.
01:42Saving.
01:42Investing.
01:43Debt payments.
01:44From here, pick a budgeting style.
01:46You could try the 50-30-20 rule.
01:49Fit percent for needs.
01:50Third percent for wants.
01:52Twin percent for saving and debt.
01:53Or you could go with zero-based budgeting, where you assign every dollar a job until nothing's
01:59left unplanned.
02:00Or use the pay-yourself-first method, where savings gets pulled out before you spend anything
02:05else.
02:05There's no one right way.
02:06Just pick what feels doable.
02:09Common beginner mistakes?
02:10Forgetting irregular costs, like car repairs, gifts, or yearly fees.
02:15Not giving yourself room for fun.
02:17Being too strict leads to quitting.
02:19Quitting after one bad month.
02:21Progress, not perfection.
02:22And forgetting to cancel unused subscriptions.
02:25Check those now.
02:27What makes budgeting easier?
02:28Free tools like Mint, Google Sheets, or mobile budget apps.
02:31If you want more control, try YNAB or EveryDollar.
02:35You don't need fancy tools.
02:37Just a system that you'll stick to.
02:38Tips to make your budget last?
02:41Set realistic goals.
02:42Review weekly.
02:43Sunday night.
02:4410 minutes.
02:45Celebrate small wins.
02:46Like paying off a credit card or hitting your savings goal.
02:50Use cash envelopes if you overspend online.
02:52Or find a money buddy.
02:54Someone to stay accountable with.
02:56Here's an example of a simple beginner budget.
02:58You make $2,000 a month.
03:00Rent, $800.
03:01Groceries, $300.
03:03Transportation, $150.
03:06Fun, $150.
03:08Subscriptions, $50.
03:10Savings, $200.
03:13Debt repayment, $200.
03:15Buffer, $150.
03:17That's a working budget.
03:19It's not perfect, but it's a start.
03:21You can track it.
03:22You can tweak it.
03:23And most of all, you can grow from it.
03:26Budgeting isn't just for broke people.
03:28It's what helps people not stay broke.
03:31Even millionaires budget.
03:33They don't wing it.
03:34They plan it.
03:35So now it's your turn.
03:37Open your notes.
03:38Grab a pen.
03:39Make a plan for your next paycheck.
03:41Today.
03:42And if this helped, hit like, drop your budget goals in the comments, and subscribe for more.