Take your monthly income

@financewjessie

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SoundTikTok sound · original sound - financewjessie

View velocity

+15.1K views over 4.4d · ~3.4K/day · 4 observations

Why it worked

The video provides a clear and actionable budgeting framework using simple math, making personal finance concepts accessible and easy to follow for viewers.

Summary

The video demonstrates a budgeting hack by calculating recommended spending percentages for dining, investing, and subscriptions based on a $5,000 monthly income. It breaks down these percentages into dollar amounts for each category.

Structure

1Introduce monthly income
2Calculate dining budget (6%)
3Calculate investing budget (40%)
4Calculate fun money budget (10%)
5Calculate subscription budget (2%)
6Calculate car payment budget (8%)

On-screen text

Take your monthly income MONTHLY $5,000 x MULTIPLY 0.06 $5,000 x 0.06 SHOULD $300 DINING YOUR $5,000 x BY 0.4 $5,000 x 0.4 BE $2,000 INVESTING. MONTHLY $5,000 BY THAT'S $5,000 x 0.1 MONEY, $500 INCOME POINT $5,000 x 0.02 THAT'S $100 SPENDING SUBSCRIPTIONS: MONTHLY $5,000 BY AND $5,000 x 0.08 $400 SPENDING PAYMENTS.

Original caption

a nice little budget hack :) not financial advice #investing #finance #PersonalFinance #budget

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Transcript

Take your monthly income Multiply $5,000 x 0.06 $5,000 x 0.06 should be $300 dining. Your $5,000 x by 0.4 $5,000 x 0.4 be $2,000 investing. Monthly $5,000 by that's $5,000 x 0.1 money. $500 income point $5,000 x 0.02 that's $100 spending subscriptions. And monthly $5,000 by and $5,000 x 0.08 $400 spending payments.

Three stocks i think have upside potential from here! Not financial advice #inv

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Blossom

280.6Kviews@financewjessie

just my personal opinion, not financial advice! #investing #finance #stocks #st