Hello my lovelies, I hope you will love this video it’s so important for me to share my money tips, please tell me in comment what do you think and don’t forget to subscribe xxx Frederique
Thank you for the tips. I don't like large bills, so I pre pay on all my bills out of every pay, my bills are usually in credit when I get them. I don't have any credit cards and have never used afterpay. I love your channel ❤️
My father always said to me: the only man that you can depend on is me! He empowered me to be independent, to educate myself all the time! We all make mistakes and should learn from these without being too harsh on ourselves but getting the lesson! Great video! My financial literacy tips: Pay yourself first and make a budget! If possible think on how you can generate different sources of income. Educate yourself as you said is key! Invest in long term but only invest what you can miss!
If I can’t afford it, I do not buy it. Period ! If there are emergency in in the family that’s a different conversation. I do not take vacations, I can’t afford it. But I do love where I live and feel blessed. I have no debt at all. I do purchase something every no and again , but, I send my clothes to a consignment shop or donate. I do not have any credit cards, I have a debit card. Be self sufficient if possible, I believe in pre nu agreement This is from some one that has nothing, my paramour as plenty, but that’s his and for his children. I will always manage. I do not want, or expect anything from him.
Just seeing this now. I have always been a bit careless with money, but I have never been in debt. I'm an old lady, so the temptation was not so strong when I was young. But I do remember switching off the heating in winter for a couple couple of months, so as to avoid debt. Brrr! But I could sleep…
Sounds like a very helpful post, but as a communicator from back in the day when English speaking people spoke actual English, I am moved to comment that I wish someone HAD told you that there is more than one past tense in the English language, and I WISH your headline HAD read ' I wish someone HAD told me this about money'.
I'm not "much smarter" because I'm a woman. This is the same they used to say in the past, but going the other way: men are "much smarter" because they're men. Can't we get past gender superiority fantasies altogether??
with the consistent weekly profits I'm getting investing on crypto with Mr Robertuptrade there's no doubt he is the most reliable in the market. such a genius
I say: Make sure the money coming in the front door is more than that leaving our the back door: make sure your income exceed your expenses. ¶I tell my children and for them to teach their children, et al: Divide your income into 10 parts. Aim to live on 50%. We might not be able to do this all the time, but these are worthy aims. ¶ In my culture in the Deep South of the United States, we women learned to do as much as possible ourselves, saving a ton of money: having a home business, sewing our clothes and home furnishings, cooking good food, refinishing good wood furniture, cutting our children's hair, having a fruit and vegetable garden, canning or freezing produce for the coming year, etc. ¶ During one difficult time, I decorated my kitchen countertop with large glass jars filled with colorful dried peas and beans. When we had more Month than Money, I cooked the decorations. 🙂 •The first 10% is God's tithe. He gives us the power to earn money. SAVING ACCOUNTS COME NEXT (30%). •10% Retirement/Permanent Savings: You save and hope you NEVER to have to spend this before you are 70.. Nevertheless, if you are saving to open your own business, you can invest PART of this long term account into your business. ¶ I found that having only one Emergency Fund resulted in not saving enough. We needed two accounts. •10% Emergency Fund for totally unexpected things (like COVID-19 shutting down our businesses): 3 to 9 months' income in case of a catastrophic loss of income. •10% Ordinary Emergency Fund: those that occur with regularity: a major appliance needs to be replaced, etc. Repairs & Maintenance: a new roof, a new set of good tires, your deductible that you pay for an insurable loss, i.e., a hurricane, vehicle accident, etc. These first four are 40% of your income stream.
The only ‘good debt’ is mortgage and car. Better to be free of those, those. Then you can spend more on charities, political candidates (USA), massages, micro blading, etc.
Since I took care of all the finances while married, I was able to take him to the cleaners when he decided to leave after 38 years. He had zero clue. I love the purple. Royalty color.
Very wise advice especially in these precarious times. Last Sunday I drew up a spreadsheet for the first time in my life and just the act of writing EVERYTHING down was a great de-stresser. I was also thinking of opening some dedicated accounts for specific saving/spending. Too much embarrassment is attached to the subject but it's so important to get right. Budgeting should be taught in school.
I was taught to pay yourself first. In otherwords, Save! Also, when paying off a credit card and you decided on a minium each always add to that payment the interest for that month. The interest adds up quickly.
My father gave just 2 pieces of financial advice that have always stood the test of time. The first is very simple but when you really think about it, it makes so much sense 1) Write down, and watch where you spend your pennies, the dollars will take care of themselves. 2) Do not intermingle your income with anyone. Partners should communicate financial matters and goals but what is your is yours, and theirs is theirs. This has always worked and been a non- issue between my partner for 30+ years. My lovely Grandmother taught me something more specific and indepth. She thought it wise to look at previous spending for infrequent but recurring expenses such as car registration, tires and repairs, gifts for birthdays and Christmas. Charitable contributions usually made around the holidays. Things of that nature and to then add this up, add 10% more to the total then divide it by 12. This gives you a monthly amount to save towards these expenses. Review and adjust yearly as life surely changes. This was, and remains, some of the best advice to avoid budget wrecking expenses or the dreaded use of credit cards. I really miss her wisdom and love. I hope these ideas help someone. Victoria
Because I do autpay for all the bills (it's helped me earn an Excellent credit rating–Never late!) I keep a list called Budget on paper near my desk and it lists 1. on the left the date every month when recurring bills are due 2. the name of the bill (electric, mortgage, cable, health insurance, etc.) 3. The amount, or average amount. Obvsly, I'm not very far ahead of the bills, in terms of how much $ I have in my checking, so I have to keep close track.
This is great advice. I'm only 26, but I wish I had stuck to things like this when I first struck out on my own. I have a ton of debt currently, but if I can stick to advice like this, maybe I'll be debt free by the time I'm 30!
I am still in my twenties, but I started Investing (having an index funds-based portfolio) and that has been life-changing for me. Thank you for all the tips Frederique 🙂 <3
I love that your advice is practical & applicable for all budgets. One thing I have done to get out of debt is to take advantage of 0% interest rate offers. Transfer balances to those cards, continue to pay the monthly amounts that you did for the cards before transferring & any extra amounts you can afford throughout the promotional offer period. More of your money will go to principal resulting in lowering your balances quickly. At the end of the promotional period transfer the balances to the lowest interest rate card you have. Be careful not to over spend to avoid future high credit card debt.
Applying these tips now at 30+ is hard but has to be done 🙂 my best tip is: DO NOT have a card connected to the account where you are saving money so you are not tempted to use it. Kisses from Romania!
Never pay bank fees or interest on debt, specially on credit cards. Don't buy what you can't afford to pay off next month. Get a new credit card that gives you a year to 18 months to pay off new purchases if you have to buy something big. Then pay it off within the timeframe. Dont make any other purchases on that card until it's paid off. I have financed many big purchases this way. Getting a new credit card actually increases your credit score. You can avoid bank fees in many different ways, figure it out. Work the financial system to your benefit. You can play the game and win.
![[Bombshell News] Consultants say we’re DANGEROUSLY near a recession 🚨](https://i.ytimg.com/vi/DvnKvkjdsMc/maxresdefault.jpg "[Bombshell News] Consultants say we’re DANGEROUSLY near a recession 🚨")
Hello my lovelies, I hope you will love this video it’s so important for me to share my money tips, please tell me in comment what do you think and don’t forget to subscribe xxx Frederique
All your videos are AMAZING you are such an inspiration ✨️ keep up the good word. Look forward to your videos.
Thank you for the tips. I don't like large bills, so I pre pay on all my bills out of every pay, my bills are usually in credit when I get them. I don't have any credit cards and have never used afterpay.
I love your channel ❤️
My father always said to me: the only man that you can depend on is me! He empowered me to be independent, to educate myself all the time! We all make mistakes and should learn from these without being too harsh on ourselves but getting the lesson! Great video! My financial literacy tips: Pay yourself first and make a budget! If possible think on how you can generate different sources of income. Educate yourself as you said is key! Invest in long term but only invest what you can miss!
Purple is indeed a color that makes you shine even more!
If I can’t afford it, I do not buy it. Period ! If there are emergency in in the family that’s a different conversation.
I do not take vacations, I can’t afford it. But I do love where I live and feel blessed. I have no debt at all.
I do purchase something every no and again , but, I send my clothes to a consignment shop or donate.
I do not have any credit cards, I have a debit card.
Be self sufficient if possible, I believe in pre nu agreement
This is from some one that has nothing, my paramour as plenty, but that’s his and for his children.
I will always manage. I do not want, or expect anything from him.
I'm divorce since 2008 … im 48… i always depend on me… i always work… and yes i take care of my finance.
Just seeing this now. I have always been a bit careless with money, but I have never been in debt. I'm an old lady, so the temptation was not so strong when I was young. But I do remember switching off the heating in winter for a couple couple of months, so as to avoid debt. Brrr! But I could sleep…
Sounds like a very helpful post, but as a communicator from back in the day when English speaking people spoke actual English, I am moved to comment that I wish someone HAD told you that there is more than one past tense in the English language, and I WISH your headline HAD read ' I wish someone HAD told me this about money'.
I'm not "much smarter" because I'm a woman. This is the same they used to say in the past, but going the other way: men are "much smarter" because they're men. Can't we get past gender superiority fantasies altogether??
Women need to make more videos like this discussing money and also how to make our money make money. Cheers!
Love the violet on you!
Been watching your chanel great content! Thank u for your insight
Dave Ramsey and the budget Mom are two great ressources to help with debt 😉
with the consistent weekly profits I'm getting investing on crypto with Mr Robertuptrade there's no doubt he is the most reliable in the market. such a genius
I say: Make sure the money coming in the front door is more than that leaving our the back door: make sure your income exceed your expenses. ¶I tell my children and for them to teach their children, et al: Divide your income into 10 parts. Aim to live on 50%. We might not be able to do this all the time, but these are worthy aims. ¶ In my culture in the Deep South of the United States, we women learned to do as much as possible ourselves, saving a ton of money: having a home business, sewing our clothes and home furnishings, cooking good food, refinishing good wood furniture, cutting our children's hair, having a fruit and vegetable garden, canning or freezing produce for the coming year, etc. ¶ During one difficult time, I decorated my kitchen countertop with large glass jars filled with colorful dried peas and beans. When we had more Month than Money, I cooked the decorations. 🙂
•The first 10% is God's tithe. He gives us the power to earn money.
SAVING ACCOUNTS COME NEXT (30%).
•10% Retirement/Permanent Savings: You save and hope you NEVER to have to spend this before you are 70.. Nevertheless, if you are saving to open your own business, you can invest PART of this long term account into your business. ¶ I found that having only one Emergency Fund resulted in not saving enough. We needed two accounts.
•10% Emergency Fund for totally unexpected things (like COVID-19 shutting down our businesses): 3 to 9 months' income in case of a catastrophic loss of income.
•10% Ordinary Emergency Fund: those that occur with regularity: a major appliance needs to be replaced, etc.
Repairs & Maintenance: a new roof, a new set of good tires, your deductible that you pay for an insurable loss, i.e., a hurricane, vehicle accident, etc.
These first four are 40% of your income stream.
This look is so beautiful you look so elegant!
The only ‘good debt’ is mortgage and car. Better to be free of those, those. Then you can spend more on charities, political candidates (USA), massages, micro blading, etc.
Fantastic video! More please. I have shared to all my girlfriends
Do you think you could talk to my one son? Champagne appetite with a beer income
Always pay the highest interest debt first! I check my bank account everyday to make sure there aren't fraudulent debts.
Since I took care of all the finances while married, I was able to take him to the cleaners when he decided to leave after 38 years. He had zero clue. I love the purple. Royalty color.
It’s a fantastic video
Very wise advice especially in these precarious times. Last Sunday I drew up a spreadsheet for the first time in my life and just the act of writing EVERYTHING down was a great de-stresser. I was also thinking of opening some dedicated accounts for specific saving/spending. Too much embarrassment is attached to the subject but it's so important to get right. Budgeting should be taught in school.
Love that comment….
I was taught to pay yourself first. In otherwords, Save! Also, when paying off a credit card and you decided on a minium each always add to that payment the interest for that month.
The interest adds up quickly.
My father gave just 2 pieces of financial advice that have always stood the test of time. The first is very simple but when you really think about it, it makes so much sense 1) Write down, and watch where you spend your pennies, the dollars will take care of themselves. 2) Do not intermingle your income with anyone. Partners should communicate financial matters and goals but what is your is yours, and theirs is theirs. This has always worked and been a non- issue between my partner for 30+ years.
My lovely Grandmother taught me something more specific and indepth. She thought it wise to look at previous spending for infrequent but recurring expenses such as car registration, tires and repairs, gifts for birthdays and Christmas. Charitable contributions usually made around the holidays. Things of that nature and to then add this up, add 10% more to the total then divide it by 12. This gives you a monthly amount to save towards these expenses. Review and adjust yearly as life surely changes. This was, and remains, some of the best advice to avoid budget wrecking expenses or the dreaded use of credit cards. I really miss her wisdom and love. I hope these ideas help someone.
Victoria
Purple is gorgeous on you!
Frédérique, you are brilliant! I’ve been watching your videos for about 14 months. I love these occasional serious videos. Happy 2022.
Great tips! My #1- No daily bottled water, $12 lunch or Starbucks
No credit cards.
Excellent advice. Thank you so much.
Longterm Savings Account can be for your kid's college too, since it's SO expensive now! Especially with the interest on the loans.
Because I do autpay for all the bills (it's helped me earn an Excellent credit rating–Never late!) I keep a list called Budget on paper near my desk and it lists 1. on the left the date every month when recurring bills are due 2. the name of the bill (electric, mortgage, cable, health insurance, etc.) 3. The amount, or average amount. Obvsly, I'm not very far ahead of the bills, in terms of how much $ I have in my checking, so I have to keep close track.
Thank you again for sharing.
Thank you for this information. You look beautiful in purple and I love your eyebrows 💜
Love your energy Frédérique! Hope you can make more lifestyle videos that you can share your wisdoms to other females. Thank you!!!
You are correct. It is never late!
Purple suits you!!!
This is great advice. I'm only 26, but I wish I had stuck to things like this when I first struck out on my own. I have a ton of debt currently, but if I can stick to advice like this, maybe I'll be debt free by the time I'm 30!
Talking too much before the point.🤔
I am still in my twenties, but I started Investing (having an index funds-based portfolio) and that has been life-changing for me. Thank you for all the tips Frederique 🙂 <3
I love that your advice is practical & applicable for all budgets. One thing I have done to get out of debt is to take advantage of 0% interest rate offers. Transfer balances to those cards, continue to pay the monthly amounts that you did for the cards before transferring & any extra amounts you can afford throughout the promotional offer period. More of your money will go to principal resulting in lowering your balances quickly. At the end of the promotional period transfer the balances to the lowest interest rate card you have. Be careful not to over spend to avoid future high credit card debt.
Applying these tips now at 30+ is hard but has to be done 🙂 my best tip is: DO NOT have a card connected to the account where you are saving money so you are not tempted to use it. Kisses from Romania!
The purple is fantastic on you. Also this purple – pink shade of the lipstick 🍇
Royal blue in that shirt material will look nice
You are beauty with brains. Great video, lots to learn, like the purple blouse.
Never pay bank fees or interest on debt, specially on credit cards. Don't buy what you can't afford to pay off next month. Get a new credit card that gives you a year to 18 months to pay off new purchases if you have to buy something big. Then pay it off within the timeframe. Dont make any other purchases on that card until it's paid off. I have financed many big purchases this way. Getting a new credit card actually increases your credit score. You can avoid bank fees in many different ways, figure it out. Work the financial system to your benefit. You can play the game and win.
If you can, paying a little ectra to all the bills, even a small amount, soon builds up and puts you ahead in case a tough time arrises.
Very good advice Frederique!!