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The Budget Mom

Real Women. Real Life. Real Finance

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A life you love on a budget you can afford.

Here on TBM®, I provide you with simple, easy-to-follow solutions to help you budget your money, pay off debt, save more, and crush your financial goals. But more than that, I give you the tools to start doing the things that matter most to you, on a budget that actually works!

But what happens if things have already gotten beyond that point? What happens if you’ve missed multiple payments? Here are the next steps to take.

What to Do When Your Credit Card Company Sues You

June 23, 2022
Credit Cards

If you’ve ever missed a credit card payment, you’re not alone. In fact, according to a recent study by WalletHub, an estimated 42 million Americans are expected to miss a credit card payment in 2022 View Post

Filed Under: Tagged With: CREDIT CARD, CREDIT CARD DEBT, CREDIT CARD PAYMENT, DEBT, GETTING SUED CREDIT CARD

After what feels like forever, you finally pay off your debt. You feel relief until you notice your credit score dropped. What happened – and what can you do?

Why Does Your Credit Score Drop When You Pay Off a Debt?

June 9, 2022
Credit Cards

Imagine this: After what feels like forever, you finally pay off your debt. You know… that debt. Maybe it’s credit card debt that you’ve carried around for years. Perhaps it’s the student loans you View Post

Filed Under: Tagged With: CREDIT, CREDIT CARD DEBT, CREDIT SCORE, DEBT PAYOFF

It’s easy to swipe a credit card, but paying it off is an entirely different story. Here’s what you need to know about the true cost of buying on credit.

Revealed: The Ugly Cost of Buying on Credit

September 10, 2020
Credit Cards

It’s easy to swipe a credit card, but paying it off is an entirely different story. Our society has normalized operating in debt to the point where it’s easy to forget the true cost of buying on View Post

Filed Under: Tagged With: CREDIT CARD DEBT, CREDIT CARDS, INTEREST

If you are considering a debt settlement company to negotiate your debts for you, you need to know the consequences. I recommend handling the negotiation yourself, which can save you time and money. Here is how to negotiate a settlement with your creditors on your own.

How to Negotiate a Debt Settlement on Your Own

March 11, 2020
Credit Cards

Settling for less money than you owe can seem like a really good deal, especially if you feel like you are drowning in debt. There is an option to settle your debt using a debt settlement company, but View Post

Filed Under: Tagged With: CREDIT CARD DEBT, DEB TIPS, DEBT SETTLEMENT

Hello, I'm Kumiko, but everyone just calls me Miko. Welcome to my blog, The Budget Mom. I am an Accredited Financial Counselor® , and mom to a rambunctious boy. Come along with me as I strive to live a life I love on a budget that I can afford. Read more about me.

RECENT YOUTUBE VIDEO

The Budget Mom

The Budget Mom
It’s time for another Real Life Budget. I asked my readers to submit their REAL information. Real spending, real debt, and real savings goals.

I am taking those real-life numbers and showing you how I would organize and budget that information using my Budget By Paycheck® Method.

If you would like to submit your budget information to possibly be picked for a Real Life Budget that we will show on YouTube, please reach out to budgets@thebudgetmom.com.

Today, we are looking at TBM Family member Christina's information. Christina and her husband are on a debt payoff journey and feel like they are not making the progress they should be. For the first time, I am showing how to use a debt reduction calculator to show how your decisions affect your debt journey.

Trust me, if you have debt, you don't want to miss this video!

CHAPTERS:
00:00 Introduction
03:07 Why & Personal Story
06:04 Income 
07:55 Fixed Expenses
09:15 Variable Expenses
10:30 Debt
12:52 Savings Goals
14:26 Budget By Paycheck Method
21:01 Debt Payoff Scenarios & Visuals
32:28 My Recommendations

➡️ DEBT REDUCTION CALCULATOR: https://bit.ly/3ZqqiNO
➡️ HOW I TRACK MY SPENDING: https://bit.ly/3aIe89I
➡️ HOW TO USE A BUDGET CALENDAR: https://bit.ly/2IzF2Vj
➡️ FINDING YOUR WHY: https://bit.ly/3aJUryj
➡️ THE BUDGET MOM'S FINANCIAL FREEDOM STEPS: https://bit.ly/3cfJXsp
➡️ HOW TO GET STARTED WITH THE CASH ENVELOPE METHOD: https://bit.ly/2vQJaO5
➡️ HOW TO CREATE A PLAN OF ATTACK TO PAY OFF DEBT: https://bit.ly/2wDETxF

ABOUT ME

Kumiko Love is a single mom who empowers women everywhere to regain control of their financial lives. An Accredited Financial Counselor with over nine years of experience in the finance industry, she founded The Budget Mom, a community of millions of women on a path to financial fulfillment.

She's also the creator of the wildly popular Live Rich Planner® and Budget by Paycheck® Workbook. Love has been featured on Good Morning America, the Today show, CNN, CBS, ABC and in USA Today, US News, World Report, Huffington Post, Money Magazine, Parents Magazine, the Washington Post, and Real Simple. She lives in Spokane Valley, Washington.

YOU CAN FIND ME AT:

📝 WEBSITE: https://www.thebudgetmom.com
📘 FACEBOOK: https://www.facebook.com/thebudgetmom/
📸 INSTAGRAM: https://www.instagram.com/thebudgetmom/
📌 PINTEREST: https://www.pinterest.com/thebudgetmom/

GET STARTED

➡️Start Here: https://www.thebudgetmom.com/start-here/
➡️Courses: https://courses.thebudgetmom.com/
➡️Free Resources: https://bit.ly/2PDmTHz
➡️GET 10% OFF my popular Budget-by-Paycheck Workbook - Coupon Code TBMYOUTUBE https://bit.ly/3FEdZFp

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