April 2019 Beers & Budgeting | What to do with Extra Cash in Our Budget

TL;DR

Justine and Jeffry discuss their April budget, vacation expenses, and future financial goals over beers.

Transcript

hello and welcome back to another episode of beers and budgeting my name is Justine and I'm with Jeffry Millennials and this is my husband Kyle hey guys welcome back to the channel where you can find all things millennial money and debt-free living if you want to learn how to live a debt-free life stick around and subscribe to the channel beers and... Read More

Key Insights

• 🥅 Justine and Jeffry successfully managed to stay under budget in several categories, demonstrating their commitment to financial goals.
• 🍹 Their Hawaii trip expenses were carefully monitored, with cost-saving measures employed to make the most of their vacation budget.
• 💗 The couple's investment accounts, including Stash and Acorns, are steadily growing, showcasing their dedication to long-term financial planning.
• 🍉 Surplus funds were discussed for allocation to various goals, highlighting their thoughtful approach to balancing short and long-term financial priorities.
• 🤗 Justine and Jeffry's open and honest discussions about their budget, expenses, and future financial plans provide valuable insights for viewers.
• 🎞️ Vacation fund trips, work trips, and plans for upcoming events show the couple's proactive approach to budgeting and financial management.
• 👶 Justine and Jeffry's different perspectives on how to allocate surplus funds for new phones or other goals reflect their collaborative financial decision-making process.

Questions & Answers

Q: How did Justine and Jeffry do with their April budget?

Justine and Jeffry were mostly successful in staying under budget, particularly with groceries and gas. They plan to negotiate lower cable costs to maximize savings.

Q: What were the highlights of their Hawaii trip expenses?

The couple detailed their Hawaii trip expenses, including accommodations and activities like the luau. They shared insights on cost-saving measures and favorite experiences.

Q: What are Justine and Jeffry's investment strategies?

Justine and Jeffry discussed their investments in Stash and Acorns, highlighting their contributions and growth. They also mentioned their automated IRA contributions and treat yo'self fund.

Q: How did Justine and Jeffry plan to allocate their surplus funds?

The couple debated whether to allocate surplus funds to their new car account, retirement, or down payment fund, or possibly use it for new phones. They discussed the pros and cons of each option.

Summary & Key Takeaways

• Justine and Jeffry review their April budget, noting successes like being under budget on groceries and gas and planning to negotiate for cheaper cable services.

• They share details about their Hawaii trip expenses, including accommodations and luau costs.

• The couple discusses their investment accounts, vacation fund trips, and plans for surplus funds.