Wednesday, 19 September 2018

I just finished watching about 30 videos from a YouTuber called Budget Bootcamp !!!  My eyes are bugged out, but I had to finish the set.  I can't remember how I got started with this... I think I found video #2 somewhere, and then linked to the set.  All the videos are not in the collection I found, but I did find the missing ones on my auto-play page.  Some are out of order, too. So you have to keep up with the process.

The presenter is Canadian, but a teacher of some kind, so she presents the material well.  The set is also a New Year presentation for January 2016.  She is part of the Dave Ramsey process, and shares the differences between his program and their life choices.  Where I connected with her videos had a link to their Ramsey shouting thing after they paid of about $60K of debt in about two years.  I was impressed, but I later noticed other debt overcomers as I watched... one was paying off about 120K in less than a year!

I only went over $10K income one year, I think... It is hard for me to imagine high numbers, like spending $800 a month on food (and maybe household supplies) - which they pared down to $600 for the budget challenge, and down another $100 for another spending challenge.

A link from one of the first videos went to a site called Debt Free Charts that offers motivational sheets you can download free, purchase, and subscribe to on a  yearly basis... I am thinking of how I could use that option for my own life!  :-)  I decided to "purchase" one to see what it was like.  Free items just go through the registration part of the purchase, no payment page.  I had a little trouble with the download link, but then figured it out and printed out my Starter Emergency Fund page.  It's a lot of printer ink for me, but I wanted to see it, and try to decide if it would be useful for my money challenges.

I taped it to my fridge.  Tomorrow I may fill it in, but I am not sure... the graphic is so large that it is a great reminder just having it on my fridge.

It was a lot to do to watch all thirty days of videos at one sitting.  They aren't long, but together they take some time... especially with the ads.

I liked the information about being able to make a little money from her YouTube efforts, and that was in 2016.  I could see the difference in her presentations as they went along... experience is always a great thing... so I may check up on her more recent efforts.  I guess they started the budget process in March of 2014, so it was almost two years after her budget challenge (to become debt free) began.  Other videos showed they finished the challenge in 25 months... somewhere around April of 2016, so they were at the end of the process. Their snowball started with around $400 I think, and ended with about $4500 or so... that the monthly amount applied to their debt reduction plan.

It is always great to see other people succeed in these financial issues.  I hope I can be one of them someday soon.  :-)  The big issue seems to be using the credit card as an income option, and then being broke before you even get your paychecks because all your income goes to pay the debt payments.  I think Dave Ramsey says, which I still remember as being a great awakening for my own life views of everyone that looks richer than I am, that it usually isn't an income problem, it's a spending problem.  I think I watched all those videos to see what their issues were and how they dealt with their debt.

I love YouTube for things like this.  :-)

Well, I am beat.  I will try to catch up with everything else in my personal world tomorrow.

Until next time,
In Christ,

Deborah Martin

work2gather.us
Working Together Inc
Building for the End Times

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May we all become debt free, including our nation.
It helps our lives in so many ways.
Amen.