BUDGET MY AUGUST INCOME WITH ME

@danidbw

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SoundTikTok sound · original sound - yonces_soldier

Why it worked

The video provides a detailed and relatable breakdown of personal budgeting, appealing to viewers interested in financial management and lifestyle content. The creator's organized approach and clear presentation of expenses make it easy to follow and learn from.

Summary

The creator budgets her August income, detailing fixed and variable expenses, savings goals, and income from her side hustle. She meticulously lists each expense category and allocates funds to various pots, including savings and investments.

Structure

1Budgeting fixed expenses
2Budgeting variable expenses
3Allocating savings
4Accounting for side hustle income
5Planning for future months

Call to action

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On-screen text

BUDGET MY AUGUST INCOME WITH ME £1875.51 £1,875 BUDGET Mortgage Service Charge Council Tax Electric Water Broadband & TV Phone Voxi Kindle Unlimited Spotify iCloud £406 £406.58 £170.59 £125.00 £100.00 £40.00 £35.00 £33.29 £10.00 £9.49 £12.99 £2.99 £125 £100 £40 £35 £33.29 £10.00 £9.49 £12.99 £2.99 £60.00 £200.00 £200 £100 £134.00 £25.00 £1,899 +£500.00 +£400.00 +£200.00 +£250.00

Original caption

Ep 1 | Budget my income with me - August 🌟🧚‍♂️ #Budgeting #financetok #girlytok #livingalonediaries #income

More from @danidbw

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Transcript

budget my August income with me. As a 23-year-old girl working a 9 to 5 and a side hustle in social media, I cannot believe what we're already in August. This year has flown by. Starting off with my 9 to 5, I got paid £1,875.51. So first of all, I'm going to budget my fixed bills. Starting off my mortgage is £406.58. My service charge sits at £170.59. Council tax is £125. Electric is £100. Water is £40. Broadband and TV is £35. And my phone bill is £33.29. I do pay for Kindle Unlimited, which is £9.49. Spotify is £12.99. And iCloud storage, which is £2.99. I'm a bit of a scam. So, grand, already ticked off. Variable that every month. So petrol's around £60. And this is for a full tank. And I kind of put £200 together for shopping. This includes food for me and my cat, and then any extras like cleaning products. Finally, the fun part. So £200 goes to my stocks and shares. I am a saver. And £100 goes to my holiday and emergency fund, which has a higher interest rate than my cash ISA. £134 goes into my car pot. And then £25 goes into my Christmas slash birthday pot. Moving on to my side hustle. I received £1,899.18p into my business bank account. These payments were all collected from July and included a lot of overdue payments, so most months don't look this high, unfortunately. Any income that I receive from my side hustles, I always take a percentage away for tax and student loan purposes. And then the rest goes into my cash ISA. If you like watching budgeting videos, then definitely give me a follow because I'm planning to do these every single month.