Welcome back to my channel.

歡迎回到我的頻道。

I hope you're having a lovely day today and I hope it gets even better from watching this video.

希望你們今天過得愉快，也希望看了這段視頻後，你們的心情會更好。

Today we're chatting all about how to transform your finances.

今天，我們來聊聊如何改變你的財務狀況。

What I'm about to share with you today was honestly one of the best things I've ever done for myself.

老實說，今天我要和你們分享的，是我為自己做的最好的事情之一。

It has honestly like changed my life.

老實說，它改變了我的生活。

I know you can kind of throw that phrase around but it genuinely has changed so many things for me for the better and I'm especially grateful that I did this really early.

我知道你可能會把這句話掛在嘴邊，但它確實改變了我的很多事情，讓我的生活變得更好，我特別慶幸我很早就這樣做了。

I did it in my early 20s.

我在 20 歲出頭時就這樣做了。

I'm 26 now.

我現在 26 歲了。

I just feel like it sets you off for such an amazing path just to learn about finances, create good financial habits and just become financially literate.

我只是覺得，學習財務知識，養成良好的理財習慣，成為一個有財務素養的人，會讓你的人生道路變得更加精彩。

Like you're already so ahead of the curb especially if you're so young.

就像你已經走在了路邊，尤其是你還這麼年輕。

Like the more time you have the more you get to do.

就像時間越多，你能做的事情就越多。

So it really is like an incredible thing you get to do for yourself but even if you're older it's literally never too late.

所以，這真的是一件不可思議的事情，你可以為自己做這件事，但即使你年紀大了，也永遠不會太晚。

So anyone's welcome here but today we're gonna be covering the basics.

是以，我們歡迎任何人來這裡，但今天我們要介紹的是基礎知識。

We're gonna create an amazing financial foundation for you and just like anything like a house if it has a crappy foundation anything can just crumble.

我們會為你打下堅實的財務基礎，就像房子一樣，如果地基不穩，任何東西都會坍塌。

So this is a really important step that I would definitely not miss.

是以，這是一個非常重要的步驟，我絕對不會錯過。

So today we're gonna be covering budgeting and saving and building your emergency fund.

今天，我們將討論預算、儲蓄和建立應急基金。

Those are in my opinion the first steps for anyone regardless of your financial situation that are really gonna set you up for success and then you can really build on that as I've already said.

在我看來，無論你的經濟狀況如何，這些都是任何人邁出的第一步，它們將真正為你的成功奠定基礎，然後你就可以像我已經說過的那樣，在此基礎上再接再厲。

Take it from someone who literally started from scratch.

從一個真正白手起家的人的角度來看。

Like I was not saving anything.

就像我什麼都沒保存一樣。

I was kind of living paycheck to paycheck.

我的生活有點捉襟見肘。

Like I would spend whatever I would make.

就像我賺多少錢就會花掉多少錢一樣。

I was so stressed about money.

我對錢的壓力太大了。

Like just thinking about money gave me like a rash of anxiety and I just did not understand money and how finances work at all.

只要一想到錢，我就會焦慮不安，我根本不瞭解錢，也不知道財務是如何運作的。

Like if you talk to me about investing it felt like a fantasy world.

就像如果你跟我談起投資，感覺就像一個幻想世界。

So trust and believe you can really make a difference and this is what I started with and it then just snowballed and if I could do it you can do it also.

所以，請相信並堅信你真的能有所作為，這就是我的起點，然後它就像滾雪球一樣越滾越大，如果我能做到，你也能做到。

Also a disclaimer I'm obviously not a financial advisor.

另外聲明一下，我顯然不是財務顧問。

These are just the steps that I did and that really helped me.

這些只是我所做的步驟，對我真的很有幫助。

So we're gonna go through all of my tips and tricks and then at the end I'm gonna share with you a budget that I started with that's on Notion and I made that into a template so you can use it for free if you want to.

所以，我們將介紹我所有的技巧和竅門，最後我會和大家分享我在 Notion 上做的預算，我把它做成了一個模板，如果你願意，可以免費使用。

So that will be at the end but if you're new here hi I'm Nika.

這將放在最後，但如果你是新來的，你好，我是妮卡。

Welcome.

歡迎光臨

I make videos all about self-improvement and I like to make them very like actionable.

我製作的視頻都是關於自我提升的，我喜歡讓它們非常具有可操作性。

Here are the tips, the tricks, the exact steps you can take so you can really make a legit difference.

以下是一些技巧和竅門，以及你可以採取的具體步驟，這樣你就能真正做到與眾不同。

So if that works for you I would love for you to stick around and subscribe and you can also check out my social media if you want to see more of my personal life.

如果這對你有用，我希望你能繼續訂閱，如果你想了解更多我的個人生活，也可以關注我的社交媒體。

Alrighty enough yapping.

好了，廢話少說。

Let's get into it.

讓我們開始吧。

So as I've already said we're saving and your emergency fund.

所以，正如我已經說過的，我們要儲蓄和你的應急基金。

Your emergency fund is gonna be your first money goal and this is gonna be so important to build that foundation to build those really really good money habits that you can then build on and of course the way you're gonna reach this goal is by budgeting.

你的應急基金將是你的第一個理財目標，這對你建立良好的理財習慣非常重要，當然，實現這一目標的方法就是編制預算。

So the second part of this video which is gonna be all about budgeting is obviously very important so don't skip that but let's first cover your emergency fund.

本視頻的第二部分是關於預算編制，這部分顯然非常重要，所以不要跳過，但我們先來了解一下你的應急基金。

So what is an emergency fund?

那麼，什麼是應急基金呢？

It's probably exactly what you think it is.

可能就是你想的那樣。

It's basically money that you're gonna put aside for emergencies.

這基本上是你要留作應急之用的錢。

So that could either be your car breaks down and all of a sudden you have this huge bill or you get a hefty vet bill or god forbid you lose your job or you can't work for x amount of months like that is the money you set aside for emergencies only.

所以，這可能是你的車壞了，突然間你就有了這筆鉅額賬單，或者是你收到了鉅額的獸醫賬單，或者是上帝保佑你丟了工作，或者是你有 X 個月不能工作，就像這是你為緊急情況預留的錢一樣。

So this shouldn't be like oh I have an emergency I need a whole new closet that is not an emergency girly pop.

所以，這不應該是 "哦，我有急事，我需要一個全新的衣櫥"，而不是 "緊急的少女流行"。

No okay real emergencies let's just all keep that in mind.

不，好吧，真正的緊急情況，讓我們都記住這一點。

So how much money should you put aside for your financial situation and your lifestyle?

那麼，您應該為自己的財務狀況和生活方式預留多少錢呢？

But the rule of thumb is to save three to six months worth of your like basic expenses.

但經驗法則是，要儲蓄三到六個月的基本開支。

So for example if you lose your job you get to still live your life fairly normally and cover all of your basic expenses for three to six months whatever you decide.

是以，舉例來說，如果你失業了，你仍然可以正常生活，並支付三到六個月的所有基本費用，無論你做何決定。

So how many months you save as I've said depends on a few things.

是以，正如我所說的那樣，你能節省多少個月取決於幾個方面。

One thing it depends on is your job and your income security.

這取決於你的工作和收入保障。

For me for example my income varies a lot if you're a or you might get paid a lot more like it can fluctuate quite a bit so that's why I decided to save for six months just because that gave me more security.

以我為例，我的收入變化很大，如果你是一個人，或者你可能會得到更多的報酬，就像它可能會有很大的波動，所以這就是為什麼我決定存六個月的錢，因為這給了我更多的安全感。

It's also going to depend on your lifestyle so if you have kids a family then maybe you're going to want to save a bit more.

這也取決於你的生活方式，如果你有孩子和家庭，也許你會想多存點錢。

The last kind of crucial thing that it depends on in my opinion that you should definitely consider is your stress around money.

在我看來，你絕對應該考慮的最後一種關鍵因素是你對金錢的壓力。

If you're someone who is kind of anxious about money all the time or you're anxious about your spending habits or if you're going to get enough money in your account then maybe you're going to want to save a bit more.

如果你總是對金錢感到焦慮，或者你對自己的消費習慣感到焦慮，或者你的賬戶裡是否會有足夠的錢，那麼也許你會想多存一點錢。

That was a huge component for me for wanting to save six months instead of three like I was so anxious about it and just thinking about having six months worth of expenses in my savings account gave me so much security and it really really lessened that stress and anxiety that I had around money and that was a game changer for my future basically.

這是我想要存六個月而不是三個月的一個重要因素，我對此非常焦慮，而只要想到我的儲蓄賬戶裡有六個月的開銷，我就非常有安全感，這真的真的減輕了我對金錢的壓力和焦慮，這基本上改變了我的未來。

It changed my mindset around money because I wasn't stressing about it so much and I then got to make more and save more and it really snowballed into amazing like money habits and financial future so I would definitely make sure to consider that as well.

它改變了我對金錢的心態，因為我不再那麼緊張了，我可以賺更多的錢，存更多的錢，這真的像滾雪球一樣，變成了驚人的理財習慣和財務未來，所以我也一定會考慮這一點。

Next up where should this money go?

接下來，這筆錢該花到哪裡去？

So I highly highly recommend opening a high yield savings account.

是以，我強烈推薦開設一個高收益儲蓄賬戶。

The main reason is that you can put that money aside as soon as you get paid and then it's kind of like not there for you to think about and spend.

主要原因是，一拿到工資，你就可以把這筆錢放在一邊，然後就不會再去想和花這筆錢了。

That honestly really helped me with my saving and how quickly I saved.

老實說，這對我的儲蓄和儲蓄速度真的很有幫助。

I saved 15,000 euros in 12 months and if I just had that money in my bank account I would have definitely spent a lot more than I did and therefore saved less.

我在 12 個月裡攢了 15000 歐元，如果我的銀行賬戶裡只有這些錢，我肯定會花得比現在多得多，是以攢的錢也會更少。

A high yield savings account it's a savings account that earns you more interest so with you having that money in the account you're going to be making more of it just from it sitting in that account if that makes sense.

高收益儲蓄賬戶是一種能為您賺取更多利息的儲蓄賬戶，是以，只要您把錢存在賬戶裡，就能從賬戶裡賺取更多的利息。

I would definitely do some research before you just open any standard savings account.

在開立任何標準儲蓄賬戶之前，我一定會做一些研究。

Ask around obviously depends on your country so I can't really recommend any but just do a little bit of research.

顯然，這取決於您所在的國家，所以我無法推薦任何一家，但您只需稍加研究即可。

Don't spend too much time on this because you want to get started and actually start saving and budgeting as soon as possible.

不要在這上面花太多時間，因為你想盡快開始真正的儲蓄和預算。

So you now hopefully know how many months you want to save for, you know where this money is going to be so what is left for you to figure out is the amount that you're going to save for and the time frame for this goal so how quickly you're going to save up for your emergency fund so we can make a very strong plan so you can actually stick to it and get this done.

所以，你現在應該知道你要存多少個月的錢，你也知道這筆錢要花在哪裡，剩下的就是你要計算出你要存多少錢，以及這個目標的時間框架，你要多快才能存到應急基金，這樣我們就可以制定一個非常有力的計劃，讓你可以真正堅持下去，完成這個目標。

But we're going to put a pin in that for now because we need to figure out how much money you're making, where your money is going and how much you can realistically save and we're going to do all of that through creating your budget.

但我們現在要先把這個問題解決掉，因為我們需要搞清楚你賺了多少錢，你的錢都花到哪裡去了，以及你實際能省下多少錢，而這一切都要通過編制預算來實現。

So we're going to come back to the emergency fund I promise you're going to have very clear goals and have it all figured out by the end of this video.

我保證，在本視頻結束時，你會有非常明確的目標，並想清楚這一切。

But let's get started with your budget.

不過，我們還是從預算開始吧。

A budget is basically your plan for where your money goes so it's basically your plan of action of how much you are willing to spend in different categories of your life like groceries or personal spending like getting your hair done, getting your nails done, travel, transportation etc and then how much money you're willing to put aside towards your money goals so this would be saving for first of all your emergency fund and then when you're done with that you might want to plan to save for a mortgage, investing, paying off debt etc.

預算從根本上說就是你對錢的去向的計劃，所以從根本上說，它就是你的行動計劃，即你願意在生活的不同方面花多少錢，比如食品雜貨或個人消費，比如做頭髮、修指甲、旅行、交通等，然後你願意留出多少錢用於你的理財目標，所以這首先是為你的應急基金儲蓄，然後當你完成這些後，你可能想計劃為抵押貸款、投資、償還債務等儲蓄。

So it's nothing more than a plan of where you're going to put this hard-earned money and of course that's going to depend on your current financial situation, it's going to depend on your lifestyle, your values like what is actually important enough for you to spend your money on.

是以，這只不過是一個計劃，說明你要把這筆血汗錢花在哪裡，當然，這取決於你目前的財務狀況、你的生活方式、你的價值觀，比如什麼對你來說才是真正重要的，你才會把錢花在上面。

It should reflect all of that this is why a budget is very personal and you shouldn't just stick to someone else's budget so we're going to make one that's tailored to you.

預算應該反映所有這些，這就是為什麼預算是非常個人化的，你不應該僅僅拘泥於別人的預算，所以我們要為你量身定做一份預算。

Before I started budgeting I was so scared to look at where my money was going, I didn't look at it, I didn't know my spending habits, I didn't know anything, it was just something I pushed to the side and I was like I'd rather know.

在我開始做預算之前，我很害怕去看我的錢都花到哪裡去了，我不看它，我不知道我的消費習慣，我什麼都不知道，這只是我推到一邊的東西，我想我寧願知道。

Ignorance is not bliss in this case okay it is not it just added to my stress and as soon as I was brave enough to look at where my money was going to look at my spending habits yeah it wasn't fun like I wasn't doing great but then I could make a plan of action that would get me to where I wanted to be and that made me feel empowered, it made me feel like excited for the future and also awareness of a problem is a problem half solved truly like you're not going to be able to solve your problem if you don't even know what it is in the first place so that leads us nicely to your audit.

在這種情況下，無知並不是幸福，它只是增加了我的壓力，只要我有足夠的勇氣去看看我的錢去哪裡了，看看我的消費習慣，是的，這並不好玩，就像我沒有做得很好，但隨後我可以制定一個行動計劃，讓我到我想去的地方，這讓我感到有力量、這讓我對未來充滿信心，同時也讓我意識到問題解決了一半，就像如果你不知道問題是什麼，你就不可能真正解決問題。

This is basically going to be like the Marie Kondo method if you want to minimize your space and your belongings you're going to put everything out in front of you and you're going to see what sparks joy and that is what we're going to do with your expenses okay and I know this is not a fun enjoyable part for most of us like I did not enjoy looking at this okay it was not fun it took some time but it is worth it and it's not a step that you get to miss okay this is crucial.

這基本上就像瑪麗-近藤的方法，如果你想最大限度地減少你的空間和物品，你會把所有的東西都擺在你面前，你會看到什麼能激發你的快樂，這就是我們要做的與你的開支沒關係，我知道這不是一個有趣的享受我們大多數人喜歡的部分，我不喜歡看這個沒關係，這是不有趣的，它需要一些時間，但它是值得的，它不是一個步驟，你可以錯過沒關係，這是至關重要的。

The first step like Marie Kondo you want to have everything in front of you to see what you're working with so you want to have all of your expenses information in front of you so that means you're going to log into your bank accounts and you're going to download all of your bank statements from the last one to three months so obviously all of your different bank accounts credit cards debit cards we need all of that you can only do one month but the more data you have like if you choose three months then you have a much more accurate picture of where your money goes every single month which is the point of this.

第一步就像瑪麗-近藤一樣，你要把所有東西都擺在你面前，看看你在做什麼，所以你要把所有的支出資訊都擺在你面前，這意味著你要登錄你的銀行賬戶，下載過去一到三個月的所有銀行對賬單，所以很明顯，你所有不同的銀行賬戶信用卡借記卡我們都需要，你只能做一個月，但你擁有的數據越多，比如你選擇三個月，那麼你就能更準確地瞭解你每個月的錢都花到哪裡去了，這才是重點。

The second step is we're going to create categories of where your money goes this obviously depends on your lifestyle if you use the budget that I created there's already some set categories you can work with but word of advice is to keep it simple and minimal.

第二步，我們要對你的錢的去向進行分類，這顯然取決於你的生活方式，如果你使用我創建的預算，已經有一些固定的類別，你可以使用，但建議是保持簡單和最小化。

We're going to have three sections for these categories the red zone the crucial and fixed expenses so these are the things you absolutely need to spend your money on so this might be housing like rent insurances phone plans etc so these are again things that are crucial for you like you have to spend money on them every single month and they do not change of course you can call your phone provider and get a better plan or size down on your apartment but for the most part these expenses are not going to be changing.

我們將為這些類別設置三個部分：紅色區域、關鍵支出和固定支出，所以這些是你絕對需要花錢的地方，可能是住房，如房租、保險、電話計劃等，所以這些又是對你至關重要的東西，比如你每個月都必須花錢在這些上面，而且它們不會改變。當然，你可以打電話給你的電話供應商，換一個更好的計劃或縮小你的公寓尺寸，但在大多數情況下，這些支出不會改變。

Then we have the yellow zone which are the crucial expenses but are not fixed so this would be things like transportation or your grocery bills like you need to get around you need to get to your job you need to eat so you're going to be spending money on these but they're going to vary month to month.

然後是黃色區域，這是關鍵性支出，但不是固定的，比如交通或日用品賬單，比如你需要四處走動，需要去上班，需要吃飯，所以你會在這些方面花錢，但每個月都會有所不同。

This is the category where you can definitely minimize your spending a little bit but again not so much because a girl's got to eat a girl's got to get around okay.

在這一類別中，你絕對可以將支出降到最低，但也不需要太多，因為女孩子總要吃飯，女孩子總要四處走動。

And lastly we have the green zone this is what I like to call play money okay these are the things that are not crucial and are not fixed so this would be things like eating and drinking out self-care like your beauty expenses or your therapy sessions or pilates classes travel is also in this category and then also personal spending like beauty products clothes books journals etc.

最後是綠色區域，我稱之為 "玩錢"（play money），好吧，這些都是不重要、不固定的東西，比如吃喝玩樂、自我保健，比如你的美容費用、理療課程或普拉提課程、旅行也屬於這一類，還有個人消費，比如美容產品、衣服、書籍、日記本等。

Again this is play money and none of these expenses are crucial for your survival so when you're deciding to limit your spending this is the category that you're how this is going to work when I show you the budget but just to give you a very clear example so one category as we've said is groceries and then let's say you looked at the last three months which in this case would be April May and June so you'll write April I spend I don't know 200 euros on groceries May I spent 215 and then June I spent 230 and you're going to do that for every single category.

同樣，這也是玩錢，這些支出都不是你生存的關鍵，所以當你決定限制你的支出時，這是你的類別，當我向你展示預算時，這將如何工作，但只是給你一個非常清楚的例子，所以我們已經說過的一個類別是食品雜貨，然後假設你看了過去三個月，在這種情況下是四月五月和六月，所以你會寫四月我花了我不知道200歐元在食品雜貨上。比如說，你看了過去三個月的情況，在這種情況下就是四月、五月和六月，所以你會寫下四月我花了 200 歐元買日用品，五月我花了 215 歐元，然後六月我花了 230 歐元。

How much you decide to limit yourself obviously depends on your income and expenses ratio which we're about to look at and also your values like you might find getting your hair done really really important and it makes you feel really good and confident and that is worth it to you.

你決定限制自己多少，這顯然取決於你的收入和支出比例，我們接下來將討論這一點，還取決於你的價值觀，比如你可能覺得做頭髮真的非常重要，它能讓你感覺非常好、非常自信，這對你來說是值得的。

For me for example might not be the case and I might want to spend a bit more on maybe dining out and leave my hair alone you know it depends on you and the point of a budget is not to cut yourself off from all the joys of life and all the things that make you happy we're just out our income expenses ratio and how much money we actually have to play with and to work with we need to look at our income so this is obviously going to be very simple if you have one stream of income your full-time job doesn't really change easy peasy okay you've got that number this by the way should be your net income so all of your income after taxes and all of that so the amount of money you actually have to work with to spend if you have a few different income streams that fluctuate or if you're a freelancer and your income is kind of all over the place what you're going to do is you're going to look at your income from the last 12 months so you're going to write January I made 3000 euros February x amount etc so you're going to have a full view of the last year and then you've got two options you can either calculate the average so you use your average income and set your budget and saving goals around that or you can take the month where you made the least amount of money so let's say my lowest income month was March and I made 1500 euros I'm going to take that amount and create my budget and how much I save around that that is just so you're on the safe side so you're not overspending you're not spending more than you're making so this is again totally up to you I like to take the minimum amount just because again with my like stress around money my history with that I'm like I just want to be safe and sound so in order to save a substantial amount that you're happy with you're probably going to cut your spending in that green zone if your income expenses ratio is a little skewed like you spend more than you make then you're going to limit yourself in the green zone and if you're still spending more than you're making or if you don't have enough room to save anything and if that's really important to you then you're probably going to want to cut down in that yellow zone if you can and then with the red zone as we've already said you can call your like phone provider or anything like that to try to negotiate a better price or you can size down on your apartment how ruthless you are with your budget how much you limit yourself is going to depend on your situation it's going to depend on how much you make and then also your money goals obviously like if you have a lower income and you have a lot of like debt for example or you have a mortgage or something like that then you might want to cut yourself more so your budget is again very personal it depends on you and your situation and your money goals and of course the more you make the more you get to save you can only save as much as you earn but you can usually for the most part find a way to earn so that would definitely be something i would look at if i was in a situation where i'm spending way more than i'm making and of course you can only limit yourself so much like you still need to live your life and take care of those basic expenses so that means either asking for a raise switching your job looking into side hustles like there are options out there but i don't want to be insensitive to anyone like obviously we have different situations but of course the more you make the more you get to save already with all of that being said we can finally create your budget there are three different ways you can do this i'll go through each one and you can decide which one works best for you i'll also share with you which one i used so the first one is a very clear simple straightforward one that's amazing if you're just starting out and you have no idea like where to put what amount of money it's the 50 30 20 rule so 50 percent of your income goes towards your needs so that would be that red and yellow zone and then 30 percent goes towards your savings so in this case we're starting with an emergency fund so 20 percent would go to your emergency fund and then when you're done with that those 20 percent can go towards paying off debt investing etc and again we're working with your net income here so the income you have left over after all of your taxes and all of that the second option is a little bit more personal more tailored to you so you would just go category by category so again looking at that groceries category you see the last three months and then you set a realistic goal and you do that with every single category and then you can see how much money you have left and then that would go towards your savings and then the last way you can create your budget is to look at your savings first so to set a saving goal for yourself let's say you want to save 6 000 euros for your emergency fund and then you calculate how much you would have to save every single month to get to that point in this case it would be 500 euros and then the rest of the money you have left over is what you create your budget around this is the one that i chose i think it's the least straightforward like it's the hardest to set up because it's kind of sometimes hard to tell how much you can realistically save but i was very adamant about saving 15 000 euros in one year like i was very determined to reach that goal so i knew that i would you know limit myself as much as i had to in order to reach that goal so i think it also depends a little bit on your personality type and how serious you are about this and also your income of course like if you don't have that much money to play with that's going to be way harder to do something to consider but pick one that is best for you let's circle back to that emergency fund so we still need to figure out how much exactly you want to save what is your emergency fund goal and then also how quickly you want to do it like what is the time frame to achieve that goal because that is necessary when you are setting goals like you need to have a time frame of when you want to complete it so let's say you chose to save three months worth of your basic expenses and through doing that money audit you figured out that your basic expenses are 1500 euros so that makes your euros so that is the amount you want to save and then the time frame is obviously totally going to depend on you how quickly you think you can save this money how much money you have to play with in the first place so you're going to have to sit down and figure that out for yourself obviously the most straightforward is if you use the 50 30 20 rule you know that 20 of your income goes towards the emergency fund you can calculate how much that is and then figure out how long it will take you to reach your emergency fund goal whatever you decide this goal should obviously be achievable something you can actually do but that's also a little bit of a challenge so now you should have a very clear savings goal and a very clear plan of where your money is gonna go so you set those limits you set a budget and now all you have to do is stick to it for me this saving goal was very very important because that was the whole reason why I was budgeting and sticking to it but one thing that really really helped me to like stay even more motivated and continuously excited to keep going was a flow chart and that sounds so stupid but it honestly made such a huge difference for me I drew like a flow chart in my journal and then I would color in every time I put that money into a savings account and I don't know why this worked so well for me okay it might not work for you but honestly it like kept me going so much I was so excited like I would look at it all the time and be like oh my god I only have like this amount left and it like made such a big difference so I highly recommend trying that out um it was amazing for me but obviously through all of this you're gonna build such amazing financial habits that are gonna last forever like when you're a bit more financially secure or free like you're still probably gonna at some point want to buy a house or save some money for your future children or whatever you're doing like those habits are gonna help you get there and it's so important and so amazing that you're doing that now you're really setting yourself up for success and for an amazing future obviously with creating an emergency fund as I've said it really gave me so much security so I kind of left that financial stress out the door and that helped me to create a really positive abundant financial mindset and I started to feel completely differently about money like it was something that I realized I'm very interested in I started researching it my whole view around money completely changed to something that was actually like exciting and interesting instead of it being something that was so stressful something I didn't even want to look at because I no thank you I don't want to know and I really feel like because of that I started making so much more money like because I was positively focused on it I was obviously researching ways to make more of it like it changed everything for me honestly when it comes to money but it also made me so much more confident like I still don't exactly know why maybe it's just reaching a goal obviously makes you feel good it makes you feel confident and it took me a year which is a fairly long time and I really stuck to it so that gave me so much confidence in myself that I can do this it gave me confidence that I can talk about money because I actually knew what I was talking about now I kind of understood at least the basics and you just start to build that momentum so all in all all of this I know it takes some time and effort to get into it and to stick to it but it is so so so worth it you're literally doing this for yourself or your future self and there's no investment better than that and no one can ever take that away from you the last thing we want to do is go through the budget that I made so you know exactly how to use it it's obviously free it's going to be linked down below there are so many different budgets this one is very very basic this is the one I started with it's literally nothing fancy um but it worked for me so I might as well share it but there are so many that you can find on youtube on pinterest some are free some are not so if this one doesn't work for you that's totally fine just find one that does okay or you can even build your own you can do it in your journal you can do it on excel notion whatever works for you so when you click on the link to the template it will open up to this you obviously need a notion account which is free and then you would go right here click on that duplicate it and then you can use that template once you have the template on your notion account you can change the name of it here so you can do my budget 2024 whatever you want you can change the icon here you can also add a cover like a banner on top if you want to and then the first step is to write your money goals so that would be your emergency fund goal let's say that's 6 000 euros and you can delete the other two because we just want to be focused on that at the moment you can write your paycheck routine here if you want to starting balance so this is the money you currently have okay anywhere and everywhere so let's say that's 3 000 euros this is more for motivation purposes so you can look at it a year from now and see how you've done for example and then you've got different tables you've got your income table savings expenses and then your yearly balance all of these tables that i'm going to show you are set for euros you can change this by clicking on the amount going to edit property and then number format and you can change that here you'll have to change this for every single table it's a little tedious and annoying but once you do that you won't have to do it again so your income table looks like this it has a filter so when you click on this you can choose a month so obviously if you don't have a month chosen it's going to show you your income for the whole year and you can see the sum of that below but let's change that to the current month july so i can see i've made 3 000 euros you can obviously add income streams you just click on this write the income stream add the month and the amount your savings table is very similar so the filters work exactly the same way and then again you add it the same way so you write the amount let's say 200 euros and then you choose what you're saving for so at the moment that's an emergency fund then you have different options you can also add one here by just writing it and clicking enter again very simple and then we've got your expenses table so this is going to be something that you're going to use when you're doing the audit so you're going to write the expenses in different categories for the last one to three months so in this case that's april may june and then of course you set a limit for each category i just did it for groceries so you can see how it works and then you obviously update your spending for the current month i like to update my budget once a week and then i write the last time i updated it right here just so i don't calculate the same things again on accident it's definitely happened to me before so i recommend doing that and then right here we have your yearly balance so your kind of 2024 budget so you can see everything very clearly there are definitely budgets out there that already calculate this for you there are no formulas for this budget it's very very simple so again might not work for you but i kind of like the fact that my budget was really really easy to use easy to set up to begin with and then i kind of you know updated it made it a bit fancier later on so let's say it's the end of july i go up here i can see i've made 3000 so that's my income i saved 500 so i'll just write that in so july 3000 euro income savings are 500 i'll be able to see the sum of my expenses right here so i just write that amount here let's say that's 2500 euros and then you can also calculate the percentage of your income saved so in this case that would be around 16 and then it will calculate the average for the whole year which is just really helpful to see with how well you're doing so that is the whole budget again very simple have a link down below it's free you can use it you cannot use it do whatever you like alrighty guys that is it for this video i really really hope you enjoyed it and found it helpful please let me know what other money related videos you want to see literally anything okay you just let me know and i'll get that done for you okay i love talking about money i really want to make this into a series so i am happy to make anything you want to see so just let me know thank you guys so much for watching and i'm gonna see you very very soon