The One Simple Budgeting Method That Changed My Life

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Humphrey Yang

Humphrey Yang

Күн бұрын

This budgeting method I talk about in today's video really changed the way I view my own finances. It's called the P&L Method, or running your life like you would a business. Every month, I have my own personal P&L sheet, and I've also created one for you guys so you can budget on your own today too.
The P&L Method Template: beacons.ai/humphreytalks/free...
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Timestamps:
0:00 - Start Here
0:36 - Step 1: Being Aware
1:42 - Tracking Expenses Challenge
3:24 - Embarrassment & Finances
4:55 - 4 Things To Get Better
6:17 - THE BUDGETING METHOD
8:51 - Zero-Based Alternative
9:54 - How to Allocate Money
13:07 - Where People Get Stuck
PS: I am not a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

Пікірлер: 169
@humphrey
@humphrey 8 ай бұрын
If you enjoyed this video, you'll like my weekly newsletter, where I share actionable financial tips and business news. We are your one stop shop for all things finance related. Check it out here: humpdays.substack.com
@harrywhite9983
@harrywhite9983 7 ай бұрын
Are their videos of you walking through the master finance sheet? I’m sure I’ll figure it out but was just curious if you had an overview video
@Dakotarunner2013
@Dakotarunner2013 8 ай бұрын
I’m the daughter of an accounting professor-I’ve been following this basic plan for years and can testify that it works
@humphrey
@humphrey 8 ай бұрын
yess!!
@MusicMike747
@MusicMike747 3 ай бұрын
The wisest advice I’ve ever received I continue to share whenever possible: “You are the CEO of your life”
@tonysilke
@tonysilke 7 ай бұрын
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
@PhilipDunk
@PhilipDunk 7 ай бұрын
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.
@PatrickLloyd-
@PatrickLloyd- 7 ай бұрын
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $883k in three years with my advisor
@PatrickLloyd-
@PatrickLloyd- 7 ай бұрын
My advisor is "Vivian Carol Gioia". You can easily find her online. She has a wealth of experience in the financial market gained over several years.
@jill7413
@jill7413 8 ай бұрын
i absolutely love the empathy tied into this channel. a lot of investment/personal finance advice is super "macho" and tells us to get rid of our fears without any tangible steps to do so. love how open, calm, and accepting this all is!
@mannya_realtor
@mannya_realtor 6 ай бұрын
As an Entrepreneur, the moment I starts operating my personal finances like a profitable business, my finances jumped up! This is a transformational idea!
@laurengreffe7185
@laurengreffe7185 8 ай бұрын
The disassociation tip is so unique and yet, makes perfect sense! I really like that tip.
@dillin16
@dillin16 4 ай бұрын
I’ve never heard anyone else say it, but I’m glad I’m not the only one who specifically looks forward to the last day of the month! It’s so fun to have a thoughtful financial wrap up moment before closing the books and starting on the next month’s finances. It’s borderline therapeutic for my Type-A self.
@njw_williams
@njw_williams 8 ай бұрын
Time to utilize the P&L method this weekend! in 4 months I'll be getting a raise which means more net income but when I keep my expenses the same, I'll be pocketing more profits for the future. Thanks Humphrey!!
@TARAdactyl56
@TARAdactyl56 8 ай бұрын
I love your videos. They have motivated me to make different money moves. You definitely make things feel more approachable. Finally trying to make my money work for me. Thanks!
@benny1707
@benny1707 4 ай бұрын
I just started with my budgeting i use the zero-based method i have my roth contributions and emergency fund on automatic and whats left its for bills and essentials. Just by doing that and and checking it often aswel as my bank statements its changing the way i see my finances, it feels good when i see i have some left over just because its assigned it doesn’t mean i have to spend it. I do like how you put things in that way of looking it like a company. After every month i will turn my complete budget into a P & L and have a binder for it to check it often. Thanks Humphrey 🙏
@leeannesorto6817
@leeannesorto6817 8 ай бұрын
I did this for decades - I didn't want to add up the debts because I knew I'd be embarrassed and personally frustrated with the totals. I've always had a monthly budget, but just never tracked those incidental expenses. A sudden job closure earlier this year had me face to face with my financial stability... thankfully for a 6mo emergency fund already saved. I'm now watching finance channels, consolidating decades of prior employers' 401K accounts left behind, and using library to read good authors' finance books to learn more than the KZfaq channels provide. I've decluttered entire house and feel more empowered, knowledgeable, and rolling over the "profit" each month at new job into a Roth acct and investing. It is better to know... the debts, the balances, the wasted money, than to "not know" and be a victim to your own consumerism.
@humphrey
@humphrey 8 ай бұрын
agreed, well written
@darkmediatracks
@darkmediatracks 8 ай бұрын
Luv it
@Vasilj22
@Vasilj22 8 ай бұрын
What books would recommend? Thank you!
@harrycee656
@harrycee656 6 ай бұрын
I have been doing this for over a decade after trying various methods for 5 years prior. Great method to recommend to others. The thing I found most impactful with this method is the mindset of running personal finances like a business. The goal of a business is to make as much money as soon as possible. The goal of my personal "business" is to grow my wealth as quickly as possible.
@chillestplays4034
@chillestplays4034 Ай бұрын
Perfect. Trying to build personal PnL and translating COGS to personal life was kicking my butt. This is very insightful
@Driving4bangers
@Driving4bangers 8 ай бұрын
The key that hit me as I operate my finances like a business: Monthly Retained Earnings!!
@humphrey
@humphrey 8 ай бұрын
Love that!
@PoojaPatel-mq4bd
@PoojaPatel-mq4bd Ай бұрын
I’m glad I ran into this video! I learned so much. Thank you!
@chemquests
@chemquests 7 ай бұрын
I find it efficient to download the csv file from my bank & credit card and import to my spreadsheet. Since I’m a nerd, I have it automatically feeding pivot charts, so I can see everything in a dashboard with very few clicks. There’s obviously more sophisticated software available but this is a cheap, accessible approach.
@tracyserrano1919
@tracyserrano1919 20 күн бұрын
YOU speak my language!!! Thank you!!! I'm so happy I found your channel!!
@ddc93760
@ddc93760 8 ай бұрын
Going to start a monthly income and expenses report this year! Def seems helpful! Since I already track it.
@mwedzi
@mwedzi 7 ай бұрын
This is a great video and great method. I do zero based and the one thing I'd add is, just because every dollar is assigned, doesn't mean every dollar is spent. So just like in your example you had $782 left over to decide what to do with, in zero-based, you can also decide what to do with that $782. You can assign it to 'save for next month (rollover)', 'save for concert tickets', whatever.
@benny1707
@benny1707 4 ай бұрын
Just started with the zero-based and after putting money aside for my roth and emergency fund and esentials i found myself with some left aswell, i put some to my emergency fund and i rolled over a couple hundred to start my next month with a buffer. Your right just because its planned it doesn’t mean it has to be spend. This needs to be thought more.
@scp025
@scp025 8 ай бұрын
After following for a few months now, I can confirm that Humphrey is a VERY eligible bachelor. Ladies, where u at???!!
@Schrodingers_Kat
@Schrodingers_Kat 2 ай бұрын
That’s… a peculiar comment 😂
@Hope.Akello
@Hope.Akello Ай бұрын
I have single friends. Does he love Jesus?
@changveronicas
@changveronicas 3 ай бұрын
hahaha love to see how excited you get over your end of month finance tracking 😂 great video humphrey!
@kevinsica
@kevinsica 8 ай бұрын
I have been using this method for 2 years now and I enjoy every bit whilst doing it. I even went a bit further to prepare also the balance sheet and cash flow for further financial viability. I would encourage everyone to give it a go, life changing stuff.
@BlueBookLessons
@BlueBookLessons 4 ай бұрын
Do you have a copy of your balance sheet and cash flow that I can use? Please and thanks!
@annawong1305
@annawong1305 8 ай бұрын
As an accountant, I get this 😅
@SuperPinkdaisy
@SuperPinkdaisy 8 ай бұрын
Love your content Humphrey!
@evanlightner
@evanlightner 8 ай бұрын
Wow this is really helpful. That psychological study completely describes myself. Its time to rip off the bandaid!
@chemquests
@chemquests 7 ай бұрын
I actually enjoy budget day too. even if it’s been a tough month, the post mortem brings peace & eases anxiety.
@pchygrl17
@pchygrl17 8 ай бұрын
Love this video! Newer to budgeting and I am so excited to integrate your P&L sheet into my routine, thank you!!!
@nad8805
@nad8805 6 ай бұрын
you are the best , thanks for sharing .
@aishaabdullah6993
@aishaabdullah6993 8 ай бұрын
I use the Zero based budget because for me, I feel like I'd be tapping away thinking it's only $5 here, $2 there and by the end of the month it would be too polarising. I like the zero based budget as I allocate to my investment portfolio, coffee for the pay period and once the money from my cash envelope is gone then that's it. I have to wait till next pay.
@alexanabolic5099
@alexanabolic5099 8 ай бұрын
This, I feel this is true budgeting, else you are just running total at the end of the month and reacting
@N3wFoundRapp3r
@N3wFoundRapp3r 8 ай бұрын
I always set my investments/savings to auto deposit and I try to never spend more than what my paycheck for that period is.
@jonyoon
@jonyoon 8 ай бұрын
I mean this with affection since I enjoy watching your videos, but the part where you talked about being excited about tracking your income at the end of the month is making me think of Randall Park's character "Pete the Logic Rock" from the Netflix show, Human Resources. 😆 Nothing wrong with being excited about stuff like this though!
@Marizz9
@Marizz9 8 ай бұрын
Data entry for your personal finances is slow and manual but fun if you like finance!
@TheObsessiveBookseller
@TheObsessiveBookseller 8 ай бұрын
Love your content! I've never tried treating personal finance like a business P&L but love the idea. Going to download the template (thanks!) and try it now...
@brandonfisher8311
@brandonfisher8311 8 ай бұрын
I downloaded the mint app a couple months ago. I found I enjoy it much more doing it manually. I wanto purchase a business and I’m Budgeting every little aspect of my life via pen and paper on a bi weekly basis(2 paychecks) I love it. It makes you feel good to be on top of everything you are doing. I have my work 401k and you are a huge part of why I also have a traditional and Roth IRA with fidelity . Keep up the great work
@humphrey
@humphrey 8 ай бұрын
amazing man!
@ZackSeifMusic
@ZackSeifMusic 8 ай бұрын
I've been using your Financial Spreadsheet Template for the last 4 months and it's really shifted my brain into saving more in multiple areas. I increased my savings rate from 10% to 35%. Can't thank you enough for sharing that in the video from last year 🤘
@humphrey
@humphrey 8 ай бұрын
Hot damn! congrats Zack
@beatricesims6227
@beatricesims6227 20 күн бұрын
There's a spreadsheet?😮
@JeredtheShy
@JeredtheShy 8 ай бұрын
Learning to budget is scary, because as he says, you find out how broke you are, and you didn't want to know. That sucks. BUT, what you get in return is a MUCH lower overall stress level. When budgeting is done properly you may be sad that you have $20 of spending money until payday, and can't do much, but you also know that the bills are paid, 100%, and you can sleep like a baby knowing that no financial monsters are sneaking up on you. That might be brand new for you if you've been struggling a while.
@harvardafro
@harvardafro 8 ай бұрын
Proud of you! Making major moves since our Kabam days 😊!
@humphrey
@humphrey 8 ай бұрын
thx man!
@joelociraptorgaming80
@joelociraptorgaming80 8 ай бұрын
I didn't realize that this was the name for this type of budgeting. A few months ago I started setting a hard budget for myself. I set it up so that after all my bills were paid (groceries/saving/credit card payments/subs) that I had around $300-$400 left in my account (I call it my Reserve) for "spending money" until my next bi-weekly paycheque. I still try and spend as little of that money in the two weeks between paycheques unless I absolutely have to. When I get paid again two weeks later, I take what's left in my Reserve and divide it up where I think it should go, treating my new paycheque like the only money I have for the next 2 weeks.
@missgui4400
@missgui4400 Ай бұрын
How about put that extra $500 to your credit card payment?
@wyckedsyndicate
@wyckedsyndicate 8 ай бұрын
Are you okay Humphrey? Mentioning being single once or twice as a joke I get but it's becoming a common trend. I care about you man and a lot of people are going through being single later in life myself included but do not let it get to you.
@humphrey
@humphrey 8 ай бұрын
it definitely gets to me a little bit, but im trying out here. Staying positive too!
@wyckedsyndicate
@wyckedsyndicate 8 ай бұрын
@@humphrey That's good to hear you're trying, I think a lot of people don't put themselves out there and expect things to fall into place. You're a great guy I'm sure things will fall into place soon just keep at it
@TerryCollinsP31Lifestyle
@TerryCollinsP31Lifestyle 6 ай бұрын
Thanks for this video
@TheLeedgelodge
@TheLeedgelodge 8 ай бұрын
I've always been curious as to what the strategy is for when you want to spend the money in your taxable accounts?
@BostonCycling_
@BostonCycling_ 8 ай бұрын
How about tools like Rocket money that do all the summarization and tracking for you? It’s helped me because it was hard to truly understand total spending across multiple credit cards before I could see it all in one place.
@charliedurham4248
@charliedurham4248 7 ай бұрын
You should include depreciation expense if you run yourself like a business
@SAR.25
@SAR.25 8 ай бұрын
I saved 10k from watching your videos a year ago saving 47% every check your the best
@humphrey
@humphrey 8 ай бұрын
BOOM
@resiliencyisrough
@resiliencyisrough 8 ай бұрын
Hi Humphrey! I love your videos and I’m currently using this method not only in my own life but in developing a curriculum that teaches youth transitioning out of foster care how to treat their money. It would be incredible if you had any interest in contributing your skills and advice to that.
@roberto3roberto
@roberto3roberto 8 ай бұрын
Your FA is focused on the US finance system, but wanted to know if you could do Europe for example. As I follow your advice but i think most of it doesn't translate to the EU. Thanks for everything!!
@budgetingdaddyuk6761
@budgetingdaddyuk6761 6 ай бұрын
Amazing tips.
@MamaOwlbear
@MamaOwlbear 8 ай бұрын
Do you have tips of catching up with retirement if you are just starting at 30?
@snapdragon2441
@snapdragon2441 3 ай бұрын
I check my accounts once a day, this means I can shift money around if needed so I don’t go overdrawn, i would know if my account had been hacked and I have a really good unofficial my finances.
@jordanwilliams9300
@jordanwilliams9300 8 ай бұрын
I do EXACTLY that same EOM personal finance "wrap party" with the same amount of genuine enjoyment - though i pour a glass of wine, as i don't like soda lol🍷👍
@humphrey
@humphrey 8 ай бұрын
hahaha :D
@Chinedu311
@Chinedu311 8 ай бұрын
In the 7 places your money should go, are we splitting the funds into 7 monthly or we are handling one at a time until it is complete.
@stackoverflow32
@stackoverflow32 6 ай бұрын
We are soulmates xD. Love tracking stuff too at the end of the month hahahah
@aznmarinex2
@aznmarinex2 8 ай бұрын
All I really do is put 20% of my take home pay (after 401k max to match) into retirement and as long as I can live off 80% for everything with no debt outside mortgage I’m good.
@Chinedu311
@Chinedu311 8 ай бұрын
What if you have a recurring discretionary expense like a netflix subscription for example, where do i put that
@khaalid2897
@khaalid2897 8 ай бұрын
Hello mam , how are you i hope you doing well. I'm from India. City of Pondicherry. I'm watching your videos you also giving best financial plannings and many advises continue this. Thank you ❤
@izayahthorb1308
@izayahthorb1308 8 ай бұрын
Simple question. Do you do the P&L statement at the beginning of the month or the end?
@SebastianHernandez-cs9ju
@SebastianHernandez-cs9ju 2 ай бұрын
Where can I get that spreadsheet you talked about? The master spreadsheet?
@pnwadventurist
@pnwadventurist 8 ай бұрын
Truth, just by checking your accounts everyday and being aware of the amounts (debts and assets), you'll subconsciously want to improve.
@tallylight7952
@tallylight7952 8 ай бұрын
The fact that you're salivating and sipping on diet Coke and rubbing your hands together in anticipation for the end of the month to just add up those numbers is hilarious to me.😂😂 But to each his own.😊 I'll continue to listen and I appreciate all your financial advice and wisdom.
@humphrey
@humphrey 8 ай бұрын
hahaha it literally is my favorite thing
@tallylight7952
@tallylight7952 8 ай бұрын
Too funny!😀
@crunchingwithcris
@crunchingwithcris 8 ай бұрын
Good video 👍
@flemmingbrooke
@flemmingbrooke 8 ай бұрын
Getting 3.38% on both I-bonds. Not getting the 1.30% fixed rate. Just sold both. Looking to move them to something better. Any suggestions? I'm regarding whether or not to liquidate my $138k
@laportafrank
@laportafrank 8 ай бұрын
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
@GeorgeNN
@GeorgeNN 8 ай бұрын
agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@flemmingbrooke
@flemmingbrooke 8 ай бұрын
Please, could you recommend the FA you work with? I could really use some help right now.
@flemmingbrooke
@flemmingbrooke 8 ай бұрын
I just came across her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her.
@captainsaveaho253
@captainsaveaho253 8 ай бұрын
There are tons of banks offering 4-5% on high yield savings accounts. Put it there.
@matejpavelka4153
@matejpavelka4153 8 ай бұрын
Now most of my net worth is in real estate, the listed prices in the area vary by 2 to 3x - how can I track my net worth then? Just the financial part, and an acredited appraisal every few years?
@bmxrider925
@bmxrider925 8 ай бұрын
All that matters if your monthly cash flow. Obviously income plays a factor into this, but there are people cash flowing 5x more than people making three times as much as them.
@Michael-DS
@Michael-DS 8 ай бұрын
Net worth is more important than cash flow
@bmxrider925
@bmxrider925 8 ай бұрын
@@Michael-DS can’t add to net with without cash flow
@MyUnsecretIdentity
@MyUnsecretIdentity 8 ай бұрын
Great video... Even though it was recorded 10 years ago according to Tom and Mary's choice of console ( 7:29 ) 😂🎮
@jimmyxthai
@jimmyxthai 8 ай бұрын
I started doing this in sept. Turns out I almost $300 on boba that month. 😂
@humphrey
@humphrey 8 ай бұрын
.. --- EXCUSE ME??
@humphrey
@humphrey 8 ай бұрын
i kid, but damn, thats a lot :D
@jimmyxthai
@jimmyxthai 8 ай бұрын
@@humphrey don’t worry. Oct was only $80 😉
@Mactakun
@Mactakun 8 ай бұрын
At that point buy a boba machine haha
@jimmyxthai
@jimmyxthai 8 ай бұрын
@@Mactakun what’s a boba machine?
@flogonthier
@flogonthier 8 ай бұрын
Hi Humphrey, thanks for posting, love the content and I think the P&L statement is a very interesting idea. I’m just taking a look at the sheet now and I have a couple of comments. 1. I think the monthly income calculation you use for biweekly pay periods is incorrect. It should be D4*26/12 instead of D4*2. 2. I’m thinking of adding a new category to my sheet for amortized expenses. For instance, I have a bunch of insurance expenses that come as a one time payment which I’m thinking of representing as a monthly payment to make monthly budgets more balanced over the course of the year (even though it introduces a bit of fakeness to the sheet). Probably incorrect from a pure accounting perspective, but I wonder if that makes sense from a budget planning perspective. What do you think?
@kevinsica
@kevinsica 8 ай бұрын
Use the accrual method. Should address that.
@mwedzi
@mwedzi 7 ай бұрын
These are called "sinking funds". If you search for "budget sinking funds", you'll find some explainers. Setting a little bit aside each month for planned expenses. Same concept for expenses you don't know for sure, but which know are bound to happen at some point, like medical expenses and auto repair.
@littlejack59
@littlejack59 8 ай бұрын
honestly there should be classes in highschool like this that are mandatory so many people especially in america have terrible finances they dont even need a teacher they might as well just show your videos then quiz kids on it
@dr.markevers8331
@dr.markevers8331 8 ай бұрын
Most Kids don’t take it seriously until they start working.
@girlyteengirl101
@girlyteengirl101 8 ай бұрын
is there a caffeine free version of diet coke? i would also like to enjoy a diet coke at the end of the day
@zedalvea841
@zedalvea841 8 ай бұрын
I would like to thank my two angel investors that allowed me to operate my life P&L at a loss for 18 years as a startup before I became profitable 😄
@briankelly1240
@briankelly1240 8 ай бұрын
Being profitable starting at 18 is fantastic!
@heidikamrath1951
@heidikamrath1951 8 ай бұрын
Awe, that’s so sweet. Your angel parents must be very proud of you. 😊
@Jaelin_Showers
@Jaelin_Showers 4 ай бұрын
The way he confidently says check your bank account once a week to a month is crazy I have to check that shit before every purchase cause I’m broooooooke
@LoveStarsWorld
@LoveStarsWorld 6 ай бұрын
Thank you! Are you offering accountability support for that 3 month challenge? It's hard for me to track EVERY expense bc I work in 2 currencies, but mostly, because I use cash. Please help!
@ledrevolver
@ledrevolver 8 ай бұрын
I know its not the point of the video but i had to check the upload date when you said "you could buy a ps4" lol For real though, I hope more people hear your message and realize that knowing where your money goes every month can bring comfort rather than stress
@leifriggs290
@leifriggs290 8 ай бұрын
that's the thing about being embarrassed that the last 6 months since I went fulltime just went to spending more
@User12345fan
@User12345fan Ай бұрын
I don’t budget, and I am almost FI at 32. If you deeply understand what you value most and how to get it at the smallest price, you don’t need a budget.
@BiteSized_
@BiteSized_ 6 ай бұрын
Good stuff as always buddy. Good luck finding that GF
@evanlightner
@evanlightner 8 ай бұрын
I think youre missing a couple zeroes on that bloomberg terminal line item 😅
@humphrey
@humphrey 8 ай бұрын
LOL seriously
@aureliam.5454
@aureliam.5454 8 ай бұрын
My biggest question remaining from this video is how millionnaire, accomplished men with millions of followers (you incl.) find it hard to meet that special lady...😢 is there social distancing involved when ppl encounter social media icons? What's the hypothesis?
@Techreux
@Techreux 8 ай бұрын
The only problem I see with this is that you will have trouble accounting for split over multiple month payments (such as annual insurance).With your method, you can't account for a payment or expense that hasn't occurred yet. OK, "pro-rata" type tracking IS possible, but then you have money sitting in your plus side.. that actually is meant for a future debit. THAT is the one thing that stops me in my tracks.. and past tracking of expenses fails miserably because of this shortcoming. BTW, in the last 44 years, I have only come close to brushing the edge of insolvency (too much house for the income). To this day we maintain a plus balance by NOT accumulating debt (no subscriptions, monthly payments, extending out bills, etc.). Those "little" things nibble at your balance.. and by the time you notice, it's too late. Thank you for the video, though.
@kevinsica
@kevinsica 8 ай бұрын
That is not really an issue though. You just add a balance sheet and cashflow statement so you can balance your p&l and then you can incur costs as appropriate with accruals method. Highly recommend it, that way you can track your real monthly costs rather than use the cash method (might be technically more challenging but also more rewarding and precise). In my view, analysing your finances from p&l, balance sheet and cash flow statement standpoint gives you the best picture overall and facilitates financial planning as each statement tracks something different I.e. p&l tracks costs, BS tracks net worth and leverage, cashflow tracks where your cash is going.
@Techreux
@Techreux 8 ай бұрын
@@kevinsica"Highly recommend it, that way you can track your real monthly costs rather than use the cash method..." Aha! There is the answer I was looking for! This idea of the "cash Method" always threw me for a loop for the reasons I stated in my original post.. because if you do the "envelope system" for allocation - Using real physical cash in envelopes - no problem.. but as soon as you start doing it electronically, all sorts of confusion can arise, ergo, how much money do I really have? Thanks for your reply!
@kevinr6721
@kevinr6721 8 ай бұрын
I prefer the US government budgeting method.
@Ubiquitous_1
@Ubiquitous_1 8 ай бұрын
Nobody's buying that you don't have a gf. But we do believe in good financial habits. Thanks for all the great tips!
@humphrey
@humphrey 8 ай бұрын
haha im a lonely man
@HeathenwoodOfficial
@HeathenwoodOfficial 8 ай бұрын
1:15 Focusing on my finances has dramatically reduced my sex drive (virgin male at 22) and I'm more proud than ashamed :-)
@raymanlegy
@raymanlegy 8 ай бұрын
How are you single Humphrey god damn. If you're single we are doomed LOL
@user-pt3bi4hn6c
@user-pt3bi4hn6c 6 ай бұрын
Disassociate your spending from your identity - I read that as not needing to prove myself by keeping up with the Joneses. 😉
@hafidmohadi8811
@hafidmohadi8811 8 ай бұрын
I use 50/50 method. Every $1 spent is $1 invested
@soccerbud16
@soccerbud16 7 ай бұрын
I make 40k after taxes … 9k in savings 1’500 cash 6k debt And pull in about 800 a week… Help!
@smoothtruth
@smoothtruth 4 ай бұрын
@F00Lsmack
@F00Lsmack 8 ай бұрын
Some people may be stuck in the financial stability stuff because they're poor too, like that's most people.
@jesalbov
@jesalbov 4 ай бұрын
Hmmm if you winning the financial game you shouldn't feel the need to check your bank account that often
@dannyphan1352
@dannyphan1352 8 ай бұрын
Frugality will get you farther all day every day.
@androSS.
@androSS. 8 ай бұрын
Ahhh.. to be able to rent for $800 in SoCal.
@user-dj1uh4re1x
@user-dj1uh4re1x 8 ай бұрын
The key takeaway is Humphrey is looking for a girlfriend.😘
@humphrey
@humphrey 8 ай бұрын
yep DM me ladies!!
@oakban2
@oakban2 8 ай бұрын
I felt that girlfriend statement... same here.
@VagPoop_
@VagPoop_ 8 ай бұрын
putting a chair in front of a glass door is crazy
@KingKwinn
@KingKwinn 5 ай бұрын
PS4?? 7:29 Did you shoot this video in 2013?
@forcommenting1
@forcommenting1 8 ай бұрын
PS4
@caper087
@caper087 8 ай бұрын
Pete’s coffee??? Not even Starbucks is that expensive lol
@heidikamrath1951
@heidikamrath1951 8 ай бұрын
Peet’s
@TT-wj9tn
@TT-wj9tn 5 ай бұрын
Id be salivating at the end of the month too, if youtube was making me more than 20k a month. Lol
@aeromorte
@aeromorte 8 ай бұрын
Me earn money. Me not spend all money. Me got spare money??!?!?!? WAaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat?
@dtgulab
@dtgulab 8 ай бұрын
Get a "Good" accountant, he can do most of these things for you.
@Squirt4757
@Squirt4757 8 ай бұрын
My boy out here soliciting girls into his DMs haha
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