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Showing posts with the label How to Budget

Start Budgeting with Mint (Part 4 of 4)

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Hi, everyone!  This is Lara Hammock from the Marble Jar channel.  This is the last video in this four part series where I will walk through the steps to start budgeting using Mint.  This video will cover tracking your spending progress against your budget and making adjustments when needed. In the 4 steps to successful budgeting, this video will cover the last 2: tracking progress and making adjustments.  So far we have linked all of your spending accounts to Mint, developed a list of budget categories, tagged your historic transactions, set an amount for each budget category, done a quick savings check, and entered your budget into Mint.  Now you are ready to start to spend some money and Track Your Progress I split this step into two different parts: categorizing your ongoing transactions and reporting on your budget.  Let’s start with Categorizing Your Transactions As you spend, Mint automatically imports your tran...

Start Budgeting with Mint (Part 3 of 4)

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Hi, everyone!  This is Lara Hammock from the Marble Jar channel.  This is the third video in a four part series where I will walk through the steps to start budgeting using Mint.  This video and the last one cover all of the steps involved in creating a budget.  In this one, we will do a quick savings check and enter your budget into Mint. In the 4 steps to successful budgeting, we are still on the second step -- create a budget.  So far we have linked all of your spending accounts to Mint, developed a list of budget categories, tagged your historic transactions, and set an amount for each budget category.  Now it is time to do a  Quick Savings Check I’m assuming that the whole reason you are budgeting is to save a little more money, right?  Or pay down some debt? Well, let’s check to see if your budget is going to allow you to do this.  First figure out your monthly take home pay -- that is the money that ...

Start Budgeting with Mint (Part 2 of 4)

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Hi, everyone!  This is Lara Hammock from the Marble Jar channel.  This is the second video in a four part series where I will walk through the steps to start budgeting using Mint.  This video and the next one will cover all of the steps involved in creating a budget.  In this one we'll tag all of the transactions that we've pull in from Mint and set an amount for each budget category. In the 4 steps to successful budgeting, we are still on the second step -- create a budget.  In the last video, we linked all of your spending accounts to Mint and developed a list of budget categories.  So, now it is time to Tag Historic Transactions This part takes some time, so make sure you block off some time to do this.  To figure out how you have been spending your money, you need to go back through the historic transactions that have been pulled into Mint from each of your accounts and tag each transaction with one of your budget cat...

Start Budgeting with Mint (Part 1 of 4)

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Hi, everyone!  This is Lara Hammock from the Marble Jar channel.  This is the first video in a four part series where I will walk through the steps to start budgeting using Mint.  In this first video we will talk about gathering historic data (which involves linking your accounts) and choosing budget categories. Okay -- I've done a bunch of videos recently about budgeting.  The last series of videos that I did was an overview and explainer on the process of budgeting and the types of budgets that exist.  This series will break down exactly how to get started with budgeting using the platform that I use -- Mint.com .  There will be some repetition from my other videos, since the overall budgeting process is similar, so apologies about that in advance.   If you watched my 3 part budgeting series, you'll know that the 4 steps to successful budgeting are: determine your current behavior, set a new plan, track your behavior, and make adju...