The Budgeting Bellas LLC

Home
The Budgeting Bellas LLC

We offer credit guidance/counseling services, personal budget creation, and financial education

Here at The Budgeting Bellas, we teach our clients how to save money they didn't even know they had or when they thought they couldn't. The Budgeting Bellas also teach financial discipline as well as how to reward yourself without breaking the bank. We offer a wide range of services that cover all the basics for financial success that will lead you down the path of financial freedom!

25/10/2023

Will you join?

The Budgeting Bellas Holiday Savings challenge starts November 1st!

Swipe to see what we'll be doing every week so that we can build better money habits while building our savings account 💪🏾

Save this post ↗️ so that you can track each day's activity 🤎

Looking forward to seeing your savings grow 🪴

09/10/2023

Save this for later ↗️

Going into debt buying holiday gifts is crazy 😵‍💫

Here are a few things you can do to stay within your budget during the holiday season 👇🏾

💎 Create a holiday budget
💎 DIY gifts
💎 Shop sales and discounts
💎 Shop early
💎 Regift
💎 Secret Santa gift exchange

The goal is to be mindful of your spending by setting a clear holiday budget and avoiding bringing over any debt into the New Year.

Struggling to create and develop a budget that works all year round?

Drop "BUDGET" to get a 1:1 private financial overview session with me today 👇🏾

25/09/2023

Here's why you can't stay on track with your budget 👇🏾

You have all of the tools available but none of the ingredients are there 😬. Building a successful budget isn't just about writing down your bills and income. It's about building a financial strategy to reach your short term and long-term financial goals 🥅

And in order to build a better relationship with your money 💰 so that you can become financially free, you'll need these key 🗝️ ingredients ⬇️

💎 Income - Start by listing out ALL sources of income. Leave nothing out ‼️

💎 Expenses - List out all of your expenses. Don't forget about that $4.99 Peacock subscription either 👀. The small subscriptions will add up!

💎 Fixed Expenses - Check ✅ in on those recurring expenses like rent/mortgage payments, insurance payments etc

💎 Variable Expenses - These are the expenses you can cut back on. You know you don't need all those streaming services 😜

💎 Savings & Investments - Pay yourself first by putting money away into a HIS or an investment account

💎 Debt Repayment - Make regular payments to any outstanding debt to reduce interest charges

💎 Financial Goals - Self-explanatory 🤷🏾‍♀️. Build attainable financial goals so you have something to strive for

💎 E-Fund - Prepare for an emergency 🚨 by creating a category for your emergency fund

💎 Budget Categories - Keep track of your finances by splitting them up into categories like housing, healthcare, food, miscellaneous, etc

💎 Budget Period - Will your budget be monthly, quarterly or annual? This will be dependent on your income frequency

💎 Budgeted Amounts - Each budget category should have a set limit or amount. It's important that you don't ❌ go over the threshold

💎 Tracking & Monitoring - Lastly, track and monitor your finances. You can use budgeting apps, spreadsheets, or my all-time favorite, notebooks 📒

Using these key 🗝️ components has allowed me to build a better relationship with not only my money, but my credit too 🤯

Ready to do the same? Drop "BUDGETME" below 👇🏾, and I'll get you scheduled with a 1:1 personalized budgeting overview with me 😊

21/09/2023

Here's how you can retire early 👇🏾

Save this post because you'll want to come back to it later ↗️

🔥 FIRE --> Financial Independence, Retire Early—is a proven path to taking control of your financial future. 💪💰

☁️ Imagine having the flexibility to retire in your 40s or 50s, pursue your passions, and design your life on your terms. 🏖️

🤔 Alright so what exactly is the FIRE method?

👉🏾 It's as simple as this --> Aggressive saving, wise investing, and living frugally. 💡 By saving a large chunk of your income, investing strategically, and trimming unnecessary expenses, you build a stable financial foundation. 🏦

Oh and it's not ❌ all about money. FIRE is about life design, finding your passions, and living with purpose. 🌈 It's a journey that requires discipline, planning, and sometimes even side hustles. 🛠️

So, are you ready to ignite your FIRE 🔥

Drop "BUDGETME" so that you can start building your own stable and successful financial foundation 👇🏾

16/09/2023

Ok here's the truth ⏬

You're not prepared for emergency expenses because you don't have a good relationship with your money 💰

It's a hard pill 💊 to swallow but it's the truth. And what's worse, you'll always be the number one customer of payday loan companies, buy now pay later, and sketchy credit 💳 card companies with hight interest rates 😬

Unless you do this 👇🏾

💎 Set clear goals
💎 Create a budget
💎 Increase your income
💎 Automate your savings
💎 Reduce your debt

Don't be the one to prepare for an emergency AFTER an emergency 🥴

Get ready now 💪🏾

And if you need help, drop "BUDGETME" for a 1:1 budgeting session w/me today 👑

13/09/2023

Here's the truth about your money 👇🏾

There's no one size fits all solution to saving. Depending on your financial situation, there are multiple ways that you can reach a specific financial goal 🥅

But if you're just starting out on our financial journey and need a starting point 📍, I highly recommend the 50/30/20 budgeting rule. This strategy allows you to allocate your funds into 3️⃣ separate categories so that you can keep up with your spending 🫰🏾 and saving 🏦.

Here's how it works:

💎 50% for Needs: Allocate approximately 50% of your income to essential expenses or "needs." These include:
- Housing: Rent or mortgage payments, property taxes, and utilities.
- Transportation: Car payments, insurance, fuel, and public transportation.
- Groceries: Food and other essential household items.

💎 30% for Wants: Use around 30% of your income for discretionary spending or "wants." These are things you desire but are not absolutely necessary. This category can include:
- Dining out
- Entertainment (movies, concerts, hobbies)
- Travel
- Non-essential shopping

💎 20% for Savings and Debt Repayment: Allocate at least 20% of your income to savings and debt repayment. This is crucial for building an emergency fund, saving for retirement, paying down debt, and meeting your financial goals.
- Emergency fund: Save at least 3-6 months' worth of living expenses in case of unexpected financial setbacks.
- Retirement contributions: Contribute to retirement accounts like a 401(k) or an IRA.
- Debt repayment: Pay down high-interest debts like credit card balances or student loans.

So here's the challenge ⬇️

I challenge you to write down all of your monthly expenses and separate them into these 3️⃣ categories and then head back here and let me know if you're in the green ✅ or in the red ❌ once all of your expenses have been allocated.

If you're in the red ❌ and need guidance on how you can work towards a better financial future, drop "BUDGETME" and I'll give you a special discount on my 1:1 budgeting session 😉

11/09/2023

I can't believe that you're even thinking about doing this 😬

Looking for a home without making sure that your finances, credit, and debt is in order is crazy to me 🤯

You're basically setting yourself up to be disappointed when you get the rejection letter from the bank, and who really wants to go through that type of humiliation 🙅🏾‍♀️

So before you start looking, here are 4️⃣ things you need to make sure are in order first 👇🏾

1️⃣ Your Budget
2️⃣ Your Downpayment
3️⃣ Your Credit
4️⃣ Your Debt To Income Ratio

Being financially prepared is the best way to be confident when you start the search for your dream home 🏡. But if you're not and you've been:

😓 Struggling to build and maintain a healthy budget
😓 Struggling to find money to save on a monthly basis
😓 Struggling to increase your credit score
😓 Struggling to decrease your debt

This is your sign 🚦to book a financial overview session with me. Together we will look over all of your finances, identify your pain points, develop a success plan for your 💰, and create attainable financial goals 🥅

And all you have to do is drop "BUDGETME" to get started 👇🏾

08/09/2023

Are you Frugal or Cheap 👀

Here's my unpopular opinion about saving money 👇🏾

You don't ❌ have to be cheap to do it!

Saving money is not about buying the most inexpensive, low-quality alternative. It's about finding ways to save without giving up the things that make you happy 😄

Here are some key differences between being frugal and being cheap that will surprise you 🫢:

➡️ Mindset:
✅ Frugal: Being frugal means being mindful of your spending, making deliberate choices to save money while maintaining a reasonable quality of life.
❌ Cheap: Being cheap often involves prioritizing the lowest cost above all else, even if it means sacrificing quality or the well-being of others.

➡️ Quality vs. Cost:
✅ Frugal: Frugal individuals seek value for their money. They may buy quality items that last longer, even if they cost a bit more upfront.
❌ Cheap: Cheap individuals focus solely on the lowest price, often opting for the cheapest option, even if it means a lower-quality product.

➡️ Long-Term vs. Short-Term:
✅ Frugal: Frugality often involves thinking about long-term financial goals, like saving for retirement or emergencies.
❌ Cheap: Cheapness tends to be more focused on immediate cost-cutting without considering long-term consequences.

➡️ Social Considerations:
✅ Frugal: Frugal people are mindful of social situations and are willing to spend on experiences and gifts when it matters to maintain relationships.
❌ Cheap: Cheap individuals may avoid social situations or be excessively thrifty, potentially straining relationships.

Here's the key 🗝️ takeaway: Being frugal is about making thoughtful choices to maximize your resources without compromising your happiness 😄 or the well-being of others. It's all about having balance and living within your means while working towards your financial goals 💰

So tell me ➡️ Are you Frugal or Cheap 👀. I'll meet you in the comments 🏃🏾‍♀️💨

07/09/2023

I shouldn't even be telling you this but 👇🏾

There is more than one way you can budget your monthly finances 🤯

💰 Let's break down the 4 methods of budgeting you can start using today. 🧮 Swipe left to discover the differences and why budgeting matters! 🤔

Traditional Budgeting: 👉 Keep it simple! Build on last year's budget with minor tweaks. 🔄 Easy, but may miss cost-saving opportunities.

Zero-Based Budgeting: 💡 Start from scratch each time! 💰 Question every expense, say goodbye to waste. ♻️ A deep dive into your finances.

Activity-Based Budgeting: 🏭 Tailored budgets for different activities or departments. 📈 Better resource allocation where it counts most.

Flexible Budgeting: 🔄 Roll with the punches! Adjust as your circumstances change. ⚖️ Ideal for industries with varying production levels.

What this means to you is: 💁‍♂️ Effective budgeting = Financial control and growth! 📈 Whether you're a business or an individual, these methods can transform your financial game. 🚀

🤩 My personal favorite is Zero-Based Budgeting! It forces you to be laser-focused on where your money goes and ensures you're not wasting a dime. I highly suggest that you try it out! 💪

Ready to level up your budgeting game? Which method are you most curious about? Comment below! 👇

31/08/2023

👀Have you ever contemplated the magic that could be hiding in your wallet? Believe it or not, your credit card could be your magic carpet to financial freedom!🎉 Yes, you heard that right! Here's the secret - rewards credit cards. These magical financial tools give you cash back, air miles, or points every single time you swipe! Just imagine, you could be earning while spending!

💳Think about it, these cards aren't just pieces of plastic, they're a fantastic tool for budgeting. How so? It's simple - they can significantly decrease your overall spending. How's that for a finance hack? For every dollar you spend, you're getting a certain percentage back. It's like your money is playing boomerang, coming right back at you!

💳 Here are 6️⃣ rewards credit cards your monthly budget will thank you for:

💎 Chase Sapphire Preferred Card
💎 American Express Gold Card
💎 Capital One Venture Rewards Credit Card
💎 Citi Premier Card
💎 Discover It Cash Back Card
💎 Wells Fargo Propel American Express Card

🌟But wait, there's more! You can maximize your savings by paying your essential bills with your rewards card. Yes, even those unavoidable expenses can now contribute to your savings! The key here is to remember to pay off your balance in full every month to avoid interest. It's a small step, but trust us, it makes a big difference!

So, it’s like getting paid to spend! How often do you hear that? 💰 This is the secret to financial freedom. Be smart, reap those credit card rewards, and transform the way you manage your finances!

Looking for more ways to find extra 💰 in your monthly budget? Drop "BUDGETME" 👇🏾 and get exclusive access to my Budget + Savings program 🙌🏾

30/08/2023

CONGRATULATIONS 🎉🎉🎉 on starting your new business!!!

Being able to turn your skills into a business that you can thrive from and pass down from generation to generation is the best feeling ever 🥰

And most times, we're funding our business out of our own pockets 🫰🏾. So it's important to build a budget for your business so that you have a clear understanding of your expenses and income.

Here are 1️⃣4️⃣ steps to building a budget for your new business:

But first, save this so you can come back to it later ↗️

💎 Identify Your Business Goals: Determine your business's short-term and long-term goals. This will help you allocate resources appropriately and prioritize expenses.

💎 List Income Sources: Identify all potential sources of income for your business, including sales, services, products, investments, loans, and grants.

💎 Estimate Fixed Costs: These are expenses that remain relatively constant month-to-month, such as rent, utilities, insurance, salaries, and loan payments.

💎 Calculate Variable Costs: Variable costs fluctuate based on business activity levels. This includes raw materials, shipping, marketing, and commissions. Estimate these costs based on your sales projections.

💎 Project One-Time Expenses: Consider expenses like equipment purchases, initial marketing campaigns, legal fees, and office setup costs. These are usually incurred at the start of your business.

💎 Determine Sales Forecast: Make a realistic estimate of your monthly sales based on market research, competition analysis, and any historical data if available.

💎 Calculate Gross Profit: Subtract the cost of goods sold (COGS) from your total revenue to get your gross profit. COGS includes expenses directly tied to producing your product or service.

💎 Factor in Operating Expenses: Subtract your fixed and variable costs from your gross profit to calculate your operating profit (EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization).

💎 Consider Taxes: Estimate your tax liabilities based on your business structure (e.g., sole proprietorship, LLC, corporation). It's recommended to consult with a tax professional for accurate calculations.

💎 Create a Cash Flow Projection: Estimate when money will come in and go out of your business. This will help you anticipate periods of surplus and potential cash flow shortages.

💎 Set Aside Contingency Funds: Allocate a portion of your budget for unforeseen expenses or emergencies. A common rule of thumb is to set aside 5-10% of your budget for contingencies.

💎 Review and Revise: Regularly review and update your budget as your business evolves. Compare your actual financial performance with your budgeted numbers and make adjustments as needed.

💎 Use Budgeting Tools: Consider using spreadsheet software like Microsoft Excel or specialized budgeting software to create and manage your budget effectively.

💎 Seek Professional Advice: If you're unsure about any aspect of budgeting, consider consulting with a financial advisor or an accountant. They can provide valuable insights and help ensure your budget is accurate and realistic.

Questions ❓ about building a business budget? I'm answering them in the comments 🏃🏾‍♀️

29/08/2023

Was your credit score higher ⬆️ or lower ⬇️ than you thought?

🎯Here's why knowing your credit score matters:

💎 Loan and Credit Card Approval: Lenders use your credit score to assess your creditworthiness. A higher credit score generally makes it easier to get approved for loans, credit cards, and other forms of credit. A low credit score could lead to rejections or higher interest rates.

💎 Interest Rates: Your credit score can significantly impact the interest rates you're offered. A higher score often translates to lower interest rates, saving you money over the life of a loan or credit card balance.

💎 Rental Applications: Landlords and property managers may check your credit score as part of the rental application process. A good credit score can make you a more attractive tenant and improve your chances of getting the apartment you want.

💎 Employment Opportunities: In some cases, employers might consider your credit history as part of the hiring process, especially for jobs that involve financial responsibilities. While this practice is not universal, having a strong credit history can reflect positively on your overall financial responsibility.

💎 Utility Services: When setting up utility services (electricity, water, etc.), some providers might review your credit history. A better credit score could make it easier to establish services without paying large deposits.

So which one are you 🤔

If you fall anywhere between Poor and Good, it's time 🕧 that you schedule your 1:1 Credit Guidance session with me. In this session, I will:

👀 Review your credit profile
✍🏾 Help you create a plan to improve your credit over 6-12 months
🔨 Give you the strategies I used to build an 8️⃣0️⃣1️⃣ credit score
🥅 Help you create attainable financial goals

Drop "CREDIT" to claim your spot today ⬇️

Address

64101-64102, 64105-64106, 64108-64114, 64116-64121, 64123-64134, 64136-64139, 64

Opening Hours

Monday	18:00 - 21:00
Wednesday	18:00 - 21:00
Thursday	18:00 - 21:00
Saturday	18:30 - 21:30
Sunday	14:00 - 20:00

Website

https://thebbllcservices.as.me/

Alerts

Be the first to know and let us send you an email when The Budgeting Bellas LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to The Budgeting Bellas LLC:

Shortcuts

Want your business to be the top-listed Accountant?

Country:

City: