Tonight we enjoyed another fabulous LIVE Q&A! (To see how these work and to see past Q&A's click HERE). I got a HUGE flood of incredible questions tonight that covered everything from how much to spend on Christmas gifts, anniversary gifts, and babysitting, to paying off debt, budgeting for daycare, and how to afford having more kids…and much, much more.
Click and watch the video below (or online HERE) and scroll down to see what questions were asked/answered (as well as any helpful posts that go along with it). Enjoy!
1:49 Nicole: My question was about your envelope system. I was wondering if it just simply second nature to you now? If it is second nature, how long did it take to become second nature? Or do you still find it hard work or loose track as the month goes along?
- Simplest Budget Technique Ever
- The 7 Bank Accounts your Family Should Have
- Why I don't spend money on Sundays
7:01 Andrea from Facebook “Would you say you've always been Fun, Cheap, or Free savvy before you had kids, in the beginning of your marriage? Or did you come by that over the years? Was there a reason or motivation that spurred you to live by that lifestyle?”
11:01 Jennifer from Facebook “So you know the new Walmart Savings Catcher feature on the app, does that eliminate the need to price match groceries at Walmart or do it not do that great of a job? I haven't tried it yet.”
Hi Jordan… I love the website dealstomeals.com BUT they don't do anything in Virginia. Do you know of any websites out there that will help me get good deals on my groceries out here in good old VA??
15:18 Shawna from Facebook “Wondering how you set a budget with 2 little ones. Both in daycare and one is on formula and wears diapers? Our daycare payment is over $1400 month for the two of them. Also, how did you guys pay off your debt? Did you have a payoff schedule or just plucked them one by one.”
- How much to pay for… (groceries)
- How I grocery shop
- Tips for budgeting that actually work
- How to budget on a varying or tip-based income.
- How to afford paying off CC debt
- How to pay off CC debt (reader Q&A)
- Beginner's Guide
23:37 Alysia from Facebook “What types of things do you “splurge” on?”
To answer this more: Just FYI…I would also say that I splurge on CHEAP THINGS! It's never a matter of spending a lot for something, for me it's being able to say NO to a good deal! Haha! Our house is busting at the seams with stuff because I have a hard time saying no. #CheapskateProblems
26:47 Amanda “When you cut your spending on extras to pay off debt, what did you do for entertainment and not feel like you had nothing to do.”
- Our debt story
- Path of least resistance
- How to embrace change
- The Flashlight Theory
- Finance Date Night
30:39 Lauren “your envelope system literally saves me hundreds of dollars every month THANK YOU. there are some things i like to buy in bulk, but when I do that i usually exceed the weekly budget. how do you suggest buying in bulk while using the envelope system?”
- Envelope system
- What to buy from Costco, and how to shop at Costco
- Q&A answer to “what does your ‘other' budget include?”
35:22 Bri from Facebook “My husband and I just moved to Chicago and I am now getting paid on the 16th of the month (i used to get paid on the 1st). How would you suggest creating a monthly budget for this mid-month paycheck? I was doing so well with the paycheck on the 1st – now I am struggling to tackle updating the budget with my new salary!”
40:02 Christine from Facebook “Hi! LOVE your blog. My husband and I are considering having another baby. I am currently a stay at home mom to a young boy and a girl. We are already on a really TIGHT budget, our health plan has a high deductible so adding another baby would be a huge medical expense too. Any advice for a Mom looking to grow her family? Do you notice major financial changes with each child you have?”
- Gave my insurance guy's contact info: Marc Roethel with Life1010: 801-898-5604. Tell him Jordan sent you so he's not confused as to how you got his number, haha!
46:10 Annie from Facebook “Have you been going to yard sales this summer? Found any great finds?”
47:40 Sophie from Facebook “How long did it take your blog to REALLY gain a following? My friend and I just started a lifestyle blog and we're doing everything we can on social media and all that jazz. I'm just curious as to how long it took your blog to REALLY take off and make you so successful? We just love hearing from others with any tips or tricks! “
53:30 Natalie from Facebook “ How do you handle Christmas presents for extended family? My immediate family has grown to 17 people with marriages and kids. We have agreed to draw names this year for the first time, but my husband only has 4 other family members with his two siblings being 20 and 17 years old. Do we buy everyone in his family a gift and only whoever we draw in my family? Is it fair to not get my sisters something but his siblings are included in the Christmas budget? Btw, his family is out of state and not spending Christmas with us.
- How much to spend on your kids for Christmas
- How to budget for Christmas gifts
- How much to pay for...(christmas gifts for people)
- How to budget for the Holidays
57:47 Ashley from Facebook “How much do you and Bubba spend on anniversary/bday gifts to each other?”
- How much should I pay for… (gifts)
- Our affordable anniversary
- Budgeting for Valentine's day
- Our previous Valentine's day
Thanks for watching, hope you enjoyed!!