Master Your Money: Personal Budgeting & Savings Strategies

Struggling to stick to a budget? You’re not alone.

This course is a beginners guide to budgeting, the first in a series about my principles of money management. In this course I explore the idea of financial planning in more detail - breaking down why most budgets fail, the best budgeting techniques such as the 50/30/20 rule and Zero-based budgeting, building our own budget spreadsheet and avoiding the common behavioural pitfalls of budget failure. This course provides a foundation for beginners to start tracking expenses and how to save money fast with proven strategies such as the envelope method. 

Module 1 - Foundations of Budgeting

The first video introduces why restriction, forgetting to track progress and unrealistic budgets lead to 79% of the UK population failing to maintain their budget, and consequently the simple strategies to avoid this. We go onto define unstable and side hustle incomes and also fixed and variable expenses. This provides a foundation to budgeting before delving into tried and tested methods of money management. 

Module 2 - Choosing Your Budgeting Method

Next we will find your favourite budgeting method by explaining the three most common expense tracking methods. We start by going through a zero-based budgeting tutorial, debunking the 50/30/20 rule and how you can make adjustments to suit you (PS I used 40/10/50 rule) and finally the envelope method. 

Module 3 - Building and Using Your Budget Spreadsheet

How to make a monthly budget is difficult and thats why I explain exactly how you can create a personal budget template using excel or Google Sheets. You will be able to track your expenses and learn exactly how to cut monthly expenses without affecting your quality of life. Bonus video I talk through the best budgeting apps and how they can elevate your budgeting.

Module 4 - Saving Strategies and Optimisations

And finally, a budget spreadsheet is nothing without learning how to truly manage your money like the 1%, and that is why I go through the top strategies to elevate your wealth through using tools such as direct debits, multiple bank accounts, automatic transfers, round-up accounts and high-yield savings accounts. 

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Who am I?

My name is Jacob - I am a banker working in the UK, and on the side I like to create YouTube Videos about personal finance and investing. Investing is an issue I get asked about a lot from people on YouTube and my friends. Through my 3-year finance degree, working in the financial industry for a year and investing myself for the past four years I have gained a strong grasp of budgeting, that I wish to share with you. That is why I have developed this extensive series of personal budgeting and savings with a twist, focused on GenZ. Hopefully this will lead you to your first steps of budgeting like a pro. 

DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Jacob does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.