• Home
  • GET THE BOOK
  • Start Here
  • Blog
  • Free Resources
  • Shop TBM
  • Courses

The Budget Mom

Real Women. Real Life. Real Finance

  • Home
  • Products
    • Live Rich Planner
    • Budget By Paycheck
  • Blog
  • FREE RESOURCES
  • COURSES
  • GET THE BOOK
  • Shop TBM

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!

With a sinking fund, you are being intentional about setting aside money every single paycheck (or every single month) to be able to pay for these expenses.

Sinking Funds 101: What Are They? And How Do You Start One?

March 24, 2022
SAVE MORE

Imagine this: it’s time for your annual family vacation.  Maybe it’s a yearly trip to the beach. Or perhaps your family heads out west once a year for skiing and snowboarding. In fact, it View Post

Filed Under: Tagged With: SAVING MONEY, SAVING TIPS, SINKING FUNDS

Black Friday is a great opportunity to save money on your Christmas shopping, but you need to go into it with a plan. Here are seven ways you can save money Black Friday shopping.

7 Ways to Save Money Black Friday Shopping

October 21, 2021
FRUGAL LIVING

October is quickly drawing to a close, which means Black Friday is right around the corner. You’re probably already seeing ads for Black Friday deals as you browse different sites online. And this View Post

Filed Under: Tagged With: BLACK FRIDAY, BUDGET TIPS, HOLIDAY SPENDING, SAVING TIPS

Looking for some budget-friendly ways you can improve your self-care routine? Learn six ways you can prioritize self-care without breaking the bank.

How to Improve Your Self-Care Without Breaking the Bank

July 8, 2021
FRUGAL LIVING

You probably already know how important self-care is to your health and mental well-being. But according to one poll, 35% of people don’t prioritize self-care because they believe it’s only an option View Post

Filed Under: Tagged With: SAVE MORE, SAVING TIPS, SELF CARE

Having a baby is an exciting milestone! It’s a flurry of emotions. And it’s also expensive. Here’s what expectant mothers should consider when budgeting for a baby.

Baby Budget: How to Plan Financially When You Are Expecting

June 3, 2021
FINANCE 101

Having a baby is an exciting milestone! It’s a flurry of emotions. And it’s also expensive. Finances might be the last thing on your mind when you’re an expectant mother. After all, taking View Post

Filed Under: Tagged With: BABY BUDGET, BABY SAVINGS, BUDGET TIPS, SAVING TIPS

Like most financial questions, the answer is, “It depends.” Here’s how to weigh the cost, pros, and cons of a warehouse membership for your family.

Is a Membership to Places Like Costco and Sam’s Club Worth It?

May 27, 2021
FRUGAL LIVING

When creating a budget, one of the categories that people evaluate first is their grocery bill.  Are we eating all of our perishable food, or is it going to waste? Can my family eat healthy View Post

Filed Under: Tagged With: BJ'S MEMBERSHIP, BULK SHOPPING, COSTCO MEMBERSHIP, FOOD BUDGET, SAMS CLUB MEMBERSHIP, SAVING TIPS, WAREHOUSE MEMBERSHIP

It’s no secret that the cost of college is continuing to rise. So how much should families save for higher education? Let’s do a deep dive.

How Much Should I Save for My Child’s College Education?

March 3, 2021
FINANCE 101

It’s no secret that the cost of higher education is continuing to rise. According to Education Data’s research, the average cost of college tuition in the U.S. is $35,720 per student per year.  As View Post

Filed Under: Tagged With: CHILD, COLLEGE, COLLEGE SAVINGS, EDUCATION, SAVING TIPS

Next Page »

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

Soundstripe License Code: OWOVN0ZZJ6FAFVSL
Load More... Subscribe
Free Resource Library

Recent Posts

  • Financial Freshness: The Ultimate Spring Cleaning Money Challenge
  • What to Do When You Receive a Lump Sum of Money
  • Why You Should Consider a High Yield Savings Account for Your Emergency Fund
  • Common Investment Terms You Need to Know
  • Saving for the Unexpected: How to Protect Your Family with an Emergency Fund

Blog Categories

Amazon Associates Disclosure

The Budget Mom, LLC is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

  • Cart
  • Shop Policies

Start With My Friday Newsletter

Every Friday I send you a short helpful email with my popular Friday freebie. Join my 500k+ subscribers!

About

  • Home
  • ABOUT TBM
  • Contact
  • Start Here

Important

  • DISCLAIMER
  • PRIVACY POLICY
  • Subscribe

Favorites

  • YouTube
  • Blog
  • Live Rich Planner
  • Budget by Paycheck

Start With My Friday Newsletter

Copyright ©2023, The Budget Mom®
This website contains affiliate links, which means that if you click on a product link, I may receive a commission. This website is a participant in the amazon services llc associates program, an affiliate advertising program where I earn advertising fees by linking to amazon.com.
  • How financially fulfilled are you? Take this 2 minute quiz to get your score!
    Click Here to Start