When prices rise, it’s only natural for people to be concerned, but we believe that frugal people – those wanting to spend less and save more – have a totally different set of numbers that they should be looking at.
In this video, we’ll tell you the metrics that we are watching, explain how inflation is changing the way we look at our budget and goals, and you are going to want to watch to the end of the video, because we’re going to reveal a new system which will allow you to look at your budget in a whole new way and it will give you concrete markers – numbers to look at every month. We'll cover how to budget for food, utilities, and gasoline during a period of inflation.
00:00 - Introduction
02:20 - Why Inflation Numbers Don't Mean Much to the Average Person
04:12 - Review Your Budget Every 3 Months
05:20 - Have a six month emergency fund
05:45 - Know the percentage of basic expenses in your monthly budget
09:11 - Write down the budget categories that you can control
09:45 - How to change your gas budget during inflation
11:09 - How to change your food budget during inflation
14:10 - How to change your utility bill during inflation
// SUBSCRIBE:
//TIP JAR: Want to send us a special "Thank You" for our content? Here's our PayPal email address: underthemedian@gmail.com
//THE SOURCES I USED FOR INFLATION STATISTICS IN THIS VIDEO:
https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/
https://ycharts.com/indicators/us_inflation_rate
https://www.bloomberg.com/news/articles/2022-03-03/u-s-inflation-set-for-even-hotter-2022-due-to-war-s-impact
//WATCH MORE VIDEOS ABOUT HIGH PRICES:
○ 5 Things to Do to Beat Rising Prices:https://www.youtube.com/watch?v=3hf0BEUTQlo&t=13s
○ Easy Ways Frugal People Save More Money: https://www.youtube.com/watch?v=5RmkW-kKxWM&t=439s
// FREE RESOURCE
Learn how we slashed our budget dramatically in this FREE eBook, "Ten Ways to Radically Reduce Your Expenses": https://www.subscribepage.com/radically-reduce-expenses
//SHOP OUR COURSES!
• Menu Planning Made Easy: https://underthemedian.com/menu-planning-made-easy/
• Debt-Free Christmas Binder: https://underthemedian.com/debt-free-christmas-binder/
• Personal Finance Planner: https://underthemedian.com/yearly-finance-planner/
• Home Energy Savings Guide:https://underthemedian.com/home-energy-savings-guide/
• Teaching Children a Biblical View of Money: https://underthemedian.com/biblical-financial-parenting-book-and-video-set/
//CAMERA GEAR USED:
○ Microphones-
Shure Microphones to plug into a mixer: (Great for interviews):
https://amzn.to/3eUMuKl
Blue Yeti mic with stand (Our favorite mic for Live Broadcasts) -
https://amzn.to/3pgEEiA
○ Studio lights - https://amzn.to/3pdgq8V
//TOOLS & SERVICES WE RECOMMEND:
○ Graphic Artist: Our Logo design is by: Sarah Hallam, graphic artist:, contact her at: polaroidsandpens@gmail.com.
○ Discount and Coupon Browser Extensions:
* Honey: (Coupon Browser Extension)
https://www.joinhoney.com/ref/m7n46co
* Rakuten: (Cash Back!) https://www.rakuten.com/r/HOPEWA158?eeid=28187
* Ibotta: (Earn cash back on groceries!) https://ibotta.risj.net/P2JJz
○ Mailerlite - https://www.mailerlite.com/invite/53867ca569af5
//COME SAY HI!
Our website: https://underthemedian.com/
Facebook: https://www.facebook.com/underthemedian/
Instagram:https://www.instagram.com/underthemedian/
//ABOUT:
We're Hope and Larry and we raised our four sons, debt-free, including paying cash for our home (when our salary averaged less than $40,000). For tips on saving money, budgeting, paying off debt, and setting goals (while living with a spirit of joy and abundance), subscribe to us here on YouTube and visit us at our website and on social media.
DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that we provide we may receive a small commission. There is no additional charge to you! Thank you for supporting our channel so we can continue to provide you with free content each week!
//CONTACT:
For all inquiries, please use this email: hope@underthemedian.com
0 Comments