not financial advice. education only.

@smobyday

174.9K followers · usually 17.2K views a post

Views

119.9K

Likes

11.8K

Comments

122

Shares

363

Why it worked

The video addresses a common financial concern (budgeting a modest paycheck with debt) in a relatable and structured way, offering practical advice and breaking down complex topics into digestible parts. The creator's emphasis on empowering women financially likely resonates with a specific audience.

Summary

This video provides a sample budget for a $1200 bi-weekly paycheck, prioritizing fixed expenses, debt repayment, and investments. The creator breaks down allocations for rent, car payments, insurance, utilities, investing in brokerage accounts and Roth IRAs, crypto, student loans, lifestyle, groceries, and self-care/learning/fun.

Structure

1Introduction and disclaimer
2Addressing follower question about budgeting with debt
3Breaking down fixed expenses
4Allocating funds for investing
5Allocating funds for student loans
6Tips for paying off debt faster
7Allocating funds for lifestyle and groceries
8Allocating funds for self-care/learning/fun
9

Original caption

budgeting a $1200 bi-weekly paycheck when your fixed expenses and student loans are a priority !! 💸💄 🔥remember this vid is a suggestion - feel free to move around the numbers as you see it for your lifestyle and money goals!! #investing #Budgeting #PersonalFinance #LearnOnTikTok #financialliteracy

More from @smobyday

Their other posts in the index, biggest breakout first.

Concluding thought on financial empowerment for women

Product placement

The video discusses budgeting for a $1200 bi-weekly paycheck, breaking down expenses into categories like rent, car payment, insurance, utilities, investing (brokerage account, Roth IRA, crypto), student loans, lifestyle, groceries, and self-care/learning/fun. No specific product is promoted or shown.

Call to action

Follow for more finance/ai/crypto/tech for REAL women.

On-screen text

not financial advice. education only. how I would budget $1200 bi weekly paycheck EXACTLY DOLLAR PAYCHECK PAY LOANS AND INSURANCE. FOLLOWERS THIS CALL WOMEN FINANCIAL THEY'RE ENTIRE BUDGET PRIORITIES: student loans expensive rent investing self care PAYING DEBT, ABOUT INVESTING STILL OVER FIXED EXPENSES Total: $730 EXPENSES. ALLOCATE $730, ABOUT 60.8% Rent $500 $500 RENT, Car payment $120 $120 PAYMENT, Car insurance $60 $60 INSURANCE Utilities/Phone $50 $50 UTILITIES INVESTING Total: $145 ALLOCATE $145, 12.1% PER BROKERAGE ACCOUNT $100 PUT BROKERAGE ACCOUNT $100 RECURRING INVESTMENTS Roth ira $40 ROTH ALLOCATE $40 (don't forget to invest the $$ inside!!) INVESTMENTS Crypto $5 (BTC) EXPOSURE ALLOCATE $5 STUDENT LOANS $170 YOUR ALLOCATE $170, 14.2% Pay off loan faster: WANNA CHEAPER RENT THE YOU'RE BROKERAGE LIFESTYLE $155 I $155, 12.9% PAYCHECK. GROCERIES $100 WOULD $100. HAS RESOURCES AFFORDABLE DAYS Self care / Learning / Fun $55 LEARNING WOULD $55. Follow for more finance/ai/crypto/tech for REAL women. THAT THEIR FINANCES, TECHNOLOGY, DON'T LIVES, OPTIONS.

Transcript

not financial advice. education only. how I would budget $1200 bi weekly paycheck. this is exactly how I would budget a $1200 bi weekly paycheck if you also had to pay off student loans, had a car payment and car insurance. One of my followers asked me to create this video. I'm all about helping real women with real financial scenarios that they're going through. My entire budget priorities: student loans, expensive rent, investing, self care. Still having money left over for your lifestyle. Fixed expenses. Total: $730. I would allocate $730, which is about 60.8% per paycheck. Rent $500. $500 going to rent. Car payment $120. $120 going into your car payment. Car insurance $60. $60 going to car insurance. Utilities/Phone $50. $50 going to utilities and phone. Investing. Total: $145. For investing, I would allocate $145, which is about 12.1% per paycheck. Brokerage account $100. Inside of your brokerage account, I would put in $100 through auto recurring investments. Roth IRA $40. Inside of your Roth IRA, I would allocate $40 also through auto recurring investments. Crypto $5 (BTC). For slight exposure to crypto, I would allocate about $5 per paycheck. Student Loans $170. For your student debt, I would allocate $170, which is 14.2% of your paycheck. Pay off loan faster: If you wanna pay off that debt quicker, I recommend lowering the rent bill or the amount of money that you're actually contributing to your Roth IRA or brokerage account. Lifestyle $155. For lifestyle, I would allocate $155, which is about 12.9% of your paycheck. Groceries $100. For groceries, I would allocate about $100. TikTok has tons of resources on affordable meals for 3 days. Self care / Learning / Fun $55. For self care, learning and fun, I would allocate $55. Remember that when women understand their finances, AI, technology, crypto, we don't just change our lives, we change our options.