I used snowball method heard from KZfaq. And in 2020 I was completely broke and had almost $50000 in debt. But I decided to end debt and start taking things seriously. I cut down all expenses and worked 2 jobs and also go to college . I go home only to get shower, food and 3 hour sleep. Rest I also slept in my car but, within 1.5 year, I paid off all debt. I changed 3 Honda civic in this process each was $1100 in cost because I use to do pizza delivery as second job. Still use same car. I was only 23 year old at that time. After watching your video, you refreshed everything I use to do. Thank you
@THEJENNIFERCOOK4 ай бұрын
You worked so hard! Great job at tacking that mountain. You did it!
@juliewilver36364 ай бұрын
I've been completely debt free for 8yrs.and I retired 1 month before I turned 60😅.and I'm totally retired.
@THEJENNIFERCOOK4 ай бұрын
FANTASTIC! 🤗❤️
@Midwestmomvolunteer3654 ай бұрын
It is a mindset. I am a gardener, I wanted to buy two big planters, I mean larger than average, could not find them for less than $100 anywhere, so nope. Walked into Home Depot, found utility totes, the perfect size I need for $10.00 each, so yeah its a mindset. No one is going to know they are totes and I can do my project for what I consider a reasonable amount. I really try to be mindful of garden spending, cause well flowers and plants are my thing. Great video.
@lornaramsay56164 ай бұрын
Something I heard recently is “your not an influencer, buy you ARE being influenced” Aimed at the “ooo I need that new candle because XYZ has it” or “I need to re-decorate because XYZ has changed their home and everyone thinks it looks great” You don’t NEED the candle, they did their job well and influenced you into thinking you needed it… You aren’t an influencer so who are you trying to impress by re-decorating just to ‘keep up’ ❤
@Yup20244 ай бұрын
Never too late to budget. It’s a mindset and will open your eyes. Budgeting will train you to live within your means. You will reach your long and short term goals. You will realize what is important and what is not. Maximize your awareness, willpower and income! Blessings to you all!
@THEJENNIFERCOOK4 ай бұрын
I couldn't have said it better myself! Hugs 🤗
@tgayer14 ай бұрын
I wish I could get my friend to use a budget and track her expenses. She told me several years ago that she made two little money to use a budget. Literally one of the dumbest things I’ve ever heard in my life! She’s not a big spender, but I think there are areas where she could trim her budget and help her reach some financial goals.
@Yup20244 ай бұрын
@@tgayer1 Budgeting could give her clarity and if she does need to make more money she will know how much.
@mariasinclair97184 ай бұрын
Thank you Jennifer for another great video. This week I turned 62yrs and urge people to budget for their senior years. It's vital to do so to avoid regretful financial decisions of keeping up with the Jones and not prioritising savings. Hi from Australia 🇦🇺
@THEJENNIFERCOOK4 ай бұрын
Hi Maria! 🤗
@earlglassco97024 ай бұрын
Budgeting changed everything. We actually figured out where all the money was going, and we stopped the drips. It's amazing how many things fall into place after we're faithful in stewarding the money the Lord brings our way. We love seeing how much closer to out-of-debt we are coming! Great video, as usual! Blessings! :)
@THEJENNIFERCOOK4 ай бұрын
I love this message! Thank you 😊
@jenniferlambert38943 ай бұрын
Getting out of debt has been my biggest thing I've been doing the past 3 years and I'm finally be where I want to be after this year
@maria_w3114 ай бұрын
Hi Jennifer 👋🏻 My happy place is my garden. This year, I am planting extra herbs to sell to my neighbors.
@THEJENNIFERCOOK4 ай бұрын
Hi Maria, That sounds amazing! I need to grow more herbs this year. Thanks for the reminder 🤗
@user-zl4rr1ic7w4 ай бұрын
Sell herbs to expensive restaurants too! Best wishes.
@tgayer14 ай бұрын
What a great idea!
@lisettecampbell21384 ай бұрын
Thank you for articulating this so well. Especially the distinction of being a creator or a consumer.
@THEJENNIFERCOOK4 ай бұрын
Lisette, thank you so much! Hugs 🤗
@angelwings14 ай бұрын
Our bank has a Save the Change option. It rounds up to the nearest Pound and puts it into a savings account.
@leanbellaskitchen4 ай бұрын
Plan and weekly meal prep helps
@THEJENNIFERCOOK4 ай бұрын
Great tip!
@shirleylangton79674 ай бұрын
I really love the last tip Jennifer! Having debt should not even be an option. Having automatic withdrawals for savings really helps with this. A budget is a given for living a sane life. Most of the worry is gone.
@THEJENNIFERCOOK4 ай бұрын
Shirley, you are so right. Budgeting helps keep things less stressful.
@41yearoldnewdriver4 ай бұрын
A penny saved is a penny earned. I used to be an impulsive spender. Not anymore I am saving money for a used SUV. I have my bachelor's degree.
@chrisknisley934 ай бұрын
One thing I have never been able to understand about "rounding up" is how do you balance your checking account to the bank balance? As someone who balances to the penny every month, that would drive me crazy
@THEJENNIFERCOOK4 ай бұрын
Hi Chris, I don't necessarily balance my checking account. I use cash and my debit card, and I check my account every day to make sure that the days charges are correct.
@GretchenIrwin-ur1tg3 ай бұрын
I've never heard someone say it so clearly "dept is not an option" take it off the table. That is cut and dry and clear. Great advice!
@MRemes4 ай бұрын
All about the budget. I track incoming and outgoing down to the penny. No debt.
@goodenoughgirl81024 ай бұрын
lol. Collection calls. (Way back also). Prob also why I got in the habit of never answering calls right away. 😅😅 Hah! Here to also testify about landlording. Esp if you share space with others. It’s NOT passive. It’s been quite the ordeal just for me to learn how to have sufficient boundaries with my tenants. (Although that’s not the only issue or work you’d have to do). I’d say it’s not quite as bad if you have tenants in a separate property, but it’s still very much like a 24/7 “on call” job and the weight of it is always present.
@victorwadsworth8214 ай бұрын
Just asked checker at Lowes Garden Center if they still discounted torn bags, "yes', got bags of Cannas half price for asking.
@angelwings14 ай бұрын
We track our spending with a pen & paper (in a book). It’s in the lounge where it’s easily accessible. We write in it after every spend. This helps us know how much we have left & keeps us in the budget.
@yasmeen67904 ай бұрын
You always help me get back on track and remind me of my financial goals...Thank you !!
@THEJENNIFERCOOK4 ай бұрын
I am so glad my videos are helpful. Thank you for sharing that with me 🤗
@misslanapaulford2 ай бұрын
I'd also add. YOU ARE NEVER EVER TO OLD TO LEARN, anything. THAT includes Mentally, emotionally and physically learning. You never ever stop learning.
@KLC7774 ай бұрын
Great video! I'm also debt free minus the mortgage!
@THEJENNIFERCOOK4 ай бұрын
That is awesome!
@sandraboose36864 ай бұрын
Yes rounding up helps.
@user-ov6ux7pj9t4 ай бұрын
Fantastic, wise suggestions. Millennials greatly benefit from the content of this video about money. You are so young and so wise, I hope they listen to you. I'm in my 70s and love all of your videos.😊
@THEJENNIFERCOOK4 ай бұрын
Thank you so much!
@JudithMcPheron-pb9lv14 күн бұрын
Thanks Jennifer! ❤😊❤
@kellykimball20994 ай бұрын
Wonderful ideas 💡
@THEJENNIFERCOOK4 ай бұрын
Thank you, Kelly! Have a great week 🤗
@tressalewis70044 ай бұрын
I would love for you to do a video/update on your mortgage payoff❤
@THEJENNIFERCOOK4 ай бұрын
Tressa, we are so close! I'm going to do a video on it once it happens. I know you know the feeling having paid yours off. So exciting 🤗
@beatricealcaraz57994 ай бұрын
Hey Jennifer , another great video I loved all your 10 tips I thank god that were debt free and trying to save as much as possible you have been an inspiration to me god bless you for all the time you put into your videos , I hope you have a great Sunday with your family .
@THEJENNIFERCOOK4 ай бұрын
Thank you so much, Beatrice!
@sandranoyd95764 ай бұрын
So happy to see you today. The last video I saw was 3 years old! Welcome!
@KS-jf2jf4 ай бұрын
I just love your videos! You give that inspiration and boost to me to continue living a frugal, yet abundant life. I live in Toronto Canada and pretty much everyone around me complains about food, gas and housing prices. It is so true that almost everything is up, but once you learn the difference between wants and needs and realize that I can make different choices (like repurpose, go without, only shop sales,move, give up a hobby that is now too expensive). Over the years, my family and I have intentionally planned how we can inflation proof ourselves; like stockpiling food (or anything!) when at rock bottom prices, we cut our own hair, drive as little as possible, don't pay for convenience (food delivery, prepared meals, take out, coffee shops etc). The list is quite endless 😊 I would love to hear how you future proof / inflation proof your family. Perhaps a future video idea? Thank you again 💕
@MelyndaVang20234 ай бұрын
This is such an important video. I thoroughly appreciated it.
@THEJENNIFERCOOK4 ай бұрын
Thank you so much! ❤️
@gladyschandler67244 ай бұрын
Thank you, Jennifer, for all those great tips!
@THEJENNIFERCOOK4 ай бұрын
You are so welcome! 🤗
@jennymeier30184 ай бұрын
Thanks for all your tips!!
@THEJENNIFERCOOK4 ай бұрын
You are so welcome!
@MsJackalMoon4 ай бұрын
I love your videos Jennifer, thanks for all your help!
@THEJENNIFERCOOK4 ай бұрын
Emma, thank you so much! 🤗
@arthurmantzouris44134 ай бұрын
Doing yr own reasearch or taking everything with a grain of Salt...Is being smart in these days we are living in. As 2 Timothy 3:1...😊😊
@meenakshi63444 ай бұрын
Great video. Thanks. The story about the valet is probably from Morgan Housel's book...most likely The Psychology of Money.
@THEJENNIFERCOOK4 ай бұрын
Yes! That is where I heard it. Thank you for reminding me 🤗
@roseanneolejarz4714 ай бұрын
One of your best videos. ❤
@THEJENNIFERCOOK4 ай бұрын
Wow, thank you!
@CAGChannel14 ай бұрын
Glad to see you looking rosy and healthy again!! I hope the kidney issues are in the past!!!
@THEJENNIFERCOOK4 ай бұрын
🤗
@bex4384 ай бұрын
Hey Jennifer, thanks for sharing another great video ❤️🤗
@THEJENNIFERCOOK4 ай бұрын
Bex, thank you so much! I hope you have the BEST weekend 💓
@rebeccasaunders26574 ай бұрын
@@THEJENNIFERCOOKThanks Jennifer, you too ❤
@LabyrinthLabyrinth-mi4gd4 ай бұрын
Ive never had any debt. I dont understand why people do it.
@laurennguyen10084 ай бұрын
My budget goal is to live within my pension most months without using my husband's social security because I will not get his SS if he dies before me. The months we pay property taxes and house insurance will not be within my pension but most months can be.
@theresabennett9153 ай бұрын
Blessings
@debbiecochrane87874 ай бұрын
Great video.
@THEJENNIFERCOOK4 ай бұрын
Thank you! 🤗
@annetteflynn84534 ай бұрын
What was that budget app
@THEJENNIFERCOOK4 ай бұрын
Hi Annette, it is called Every Dollar 🤗
@annetteflynn84534 ай бұрын
Thank you
@shantakoa85964 ай бұрын
Congratulations to all the nice stories. But how did you become debt free ? 🤔
@THEJENNIFERCOOK4 ай бұрын
Hi! I actually should do an updated video on how I did it. I'll put that on my list 🤗 Have a wonderful week ❤️
@nmkuemmerlein99964 ай бұрын
I love that, and tell my students: are you creating, or consuming? Be a creator!
@jenniferlambert38943 ай бұрын
Then next it's about building my savings while I continue to pay off my car