MONEY TRANSPARENCY

@jocelynbesara

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SoundTikTok sound · original sound - shyann..mcintyre50

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+5.7K views over 3.1d · ~1.8K/day · 4 observations

Why it worked

The video provides a transparent and detailed breakdown of personal finances, which is a highly engaging and relatable topic for viewers interested in budgeting, homeownership, and financial independence.

Summary

The creator breaks down her monthly expenses as a homeowner, detailing costs for mortgage, utilities, car payments, insurance, and savings contributions. She then contrasts these expenses with her net monthly income, showing a surplus.

Structure

1Introduction to financial transparency
2Mortgage and property expenses
3Utility costs
4Car payments and insurance
5Savings and retirement contributions
6Net income versus expenses

On-screen text

MONEY TRANSPARENCY how I afford a $260k house by myself and pay for all of my home expenses on my own Jocelyn about transparency afford bills income off $1,771 property insurance my I'm expensive is home although recently $120 water is a years new is insurance $140 $1,450 IRA k credit gas eating all expenses my around $5,263 income and $6,636 you're career it have $1,000 put anything

Original caption

peek into my monthly expenses as a homeowner 🫶 @milkmakeup @MERIT Beauty @COOLA @NARS Cosmetics @Saie #homeowner #girlboss #Budgeting #finance101 #savingmoney

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Transcript

I live in a 3 bed 2 bath house that I bought by myself and I pay for all of my home expenses on my own. Jocelyn. About transparency. How I afford a $260k house by myself and pay for all of my home expenses on my own. So first off, my mortgage is $1,771. That includes property taxes, home insurance, PMI and my principal and interest. I'm not even going to get into how expensive my interest is. The utilities for my home are fairly cheap, although they have gone up recently. But my electric bill is $120, my water bill is around $80 and the internet is $90. I also made a dumb decision about two years ago and bought a brand new car. So my car payment is $412 and my car insurance is $140. I also contribute $1,450 to my Roth IRA and my 401k every month. And in total, I spend around $5,263. My net income after taxes and deductions is around $6,636 per month. And if you're curious how I got into my career, I have videos pinned about it on my page. So I usually have a buffer of about $1,000 every month, so I can put into anything.