how I manage my money 💵 ‏‏‎ ‎income , expenses , budget , etc || personal finance in my 20s

how I manage my money 💵 ‏‏‎ ‎income , expenses , budget , etc || personal finance in my 20s

Thank you to Nordgreen for sponsoring this video! If you’re interested in getting your own watch, here’s the link: https://bit.ly/2MzfvRj and you can use my discount code LINALE for 15% off.

In this video, I show you guys how I keep track of my finances in my 20s , so everything from my income , expenses , budget , net income , and some of the information that I need to do my taxes with when that time comes around ( business expenses , business income ). Honestly, when I was first learning about how to track my money … I found it to be a little bit overwhelming even though it felt like it should have been really easy . Turns out, once you’ve set up your system , it can be super straight forward and then it’s just a matter of including this into your end of month routine . I kind of wish they taught us a bit more about how to manage finances in school, but hey I guess the internet is a good place to learn. I’m by no means an expert, and this is just what I do , but thought it would still be helpful to some of you or at least give you ideas on how to manage your money! I used microsoft excel for my spreadsheets … but you can totally use something like Google sheets as well 🙂

✩ Timestamps ✩
0:00 – Intro
0:40 – What do I use? + important info about my file
1:49 – Personal Finances Sheet : Income
2:20 – Nordgreen
5:40 – Personal Finances Sheet: Income
6:25 – Personal Finances Sheet: Expenses
9:26 – Personal Finances Sheet: Budget
10:05 – Personal Finances Sheet: Net Income
10:39 – Personal Finances Sheet: Bank Accounts
11:27 – Personal Finances Sheet: Credit Cards
11:58 – Business Finances Sheet: Business Income
14:00 – Business Finances Sheet: Business Expenses
15:25 – Outro

✩ GOOGLE SHEETS / EXCEL TEMPLATE ✩

Update (August 2021): Since some of you requested it, here’s a google sheets template that you can use for your own finances: https://docs.google.com/spreadsheets/d/1Jk2zghNC1A3OSbXkqwKu4DKZx0MAY1BHf99O3j5dHSQ/edit?usp=sharing
All you have to do is hit “File — Make a Copy” and you’ll have your own copy to edit. I left it the same as it is in the video, so obviously rename things according to your own financial needs (change streams of income, some expenses might not apply to you, different bank accounts, etc.).
If you want it as an Excel File on your computer instead of Google Sheets, just hit “File – Download – Microsoft Excel”. I hope that’s somewhat helpful to those of you requesting it – might help speed things up! I do recommend you still follow along with the video to understand some of it 🙂

✩ EXPENSES CATEGORIES LIST SHOWN IN VIDEO ✩
https://mint.intuit.com/mint-categories/ – pick and choose what works for you! you can also google other ones.

✩ Social Media ✩
Instagram and TikTok – @lina.lecompte
Twitter and Pinterest- @linalecompte

✩ Cameras ✩
Canon 80D w/18-55mm lens
Canon G7X Mark II

✩ Editing Software ✩
Adobe Premiere Pro

✩ Music ✩
Epidemic Sound
Use my referral link for a free month: https://www.epidemicsound.com/referral/qvu92n/

✩ Social Media Bars ✩
Brogan Algar – her channel:
https://www.youtube.com/channel/UC_O39qqVJt4FT2NcCD2qVvw

Keywords: how to track money , how to manage your money , how to keep track of your money , how to track your expenses , how to track your income , how to track your money in excel , personal finance for beginners , personal finance 101 , personal finance for students , personal finances in your 20s , budget with me , money tips , tracking your money , managing your money , money management

50 Comments

  1. CRASH BITCOIN CRASH on December 20, 2021 at 12:13 pm

    I want a Nord!!!!

  2. Tuzanesha Daniel on December 20, 2021 at 12:13 pm

    Solve my personal finance problem and reduce promotions

  3. ReshadMeetsWorld on December 20, 2021 at 12:15 pm

    Personal finance management is done better when done earlier: https://youtu.be/RxK8cjfMZtw

  4. Lina Lecompte on December 20, 2021 at 12:15 pm

    UPDATE: Since some of you requested it, I have now added a template of the sheet I used in the video in the description of this video. You can make your own copy and rename things according to your own finances. A bit more info in the description box. Hope it helps! Please let me know if for some reason it doesn’t work, and I’ll try to fix it ASAP.

  5. 123Iamawesome321 on December 20, 2021 at 12:16 pm

    This is literally my cure for depression. Thank you so much Lina! <3

  6. Wallace Rangel on December 20, 2021 at 12:19 pm

    I’m 24 years old and gonna be starting college next year. I was just wondering how the hell do I start budgeting?

    After I selected income or expenses examples that I like, what’s next? Am I supposed to just put a random amount on how much money I spend for those expenses category? I’m just confused and would like a broken down clarification to what I do after I’ve chosen my expenses or incomes.

  7. Marina Koerich on December 20, 2021 at 12:20 pm

    Thank you, Lina!

  8. Django Groen on December 20, 2021 at 12:21 pm

    when i use that sum it always says 0 🙁

  9. Paula Rubio on December 20, 2021 at 12:22 pm

    Can you put the template in the bio? 😀

    Great video!

  10. First Last on December 20, 2021 at 12:23 pm

    Hi Lina !!!

  11. Sayoshi Nakamario on December 20, 2021 at 12:25 pm

    Why are you hollering

  12. Anirban Sabui on December 20, 2021 at 12:25 pm

    Hello mam, after opening the Google sheet/ excel template (provide by you in the video description), I accidentally clicked on ‘request access’ option. I clicked that purely unintentionally. I am really very very sorry for that. Please excuse me!

  13. Christian Martinez on December 20, 2021 at 12:28 pm

    Use me as the dislike button

  14. Artemus The Great on December 20, 2021 at 12:31 pm

    Are “Savings” considered Expenses?

  15. Paola Vega on December 20, 2021 at 12:33 pm

    This is great! thanks for the google docs template! took a huge weight off my shoulders

  16. Svátek z Prahy on December 20, 2021 at 12:34 pm

    Why are you yelling?

  17. I Pan on December 20, 2021 at 12:38 pm

    First 5 minutes and 40 seconds waste of time.

  18. William Raphael on December 20, 2021 at 12:39 pm

    Thank you!

  19. Michael LeCompte on December 20, 2021 at 12:40 pm

    You spelled our last name wrong

  20. Rodricutz on December 20, 2021 at 12:40 pm

    helpful thank you keep grinding

  21. Daniel Ngondzi on December 20, 2021 at 12:42 pm

    thank you so much I definitely needed it

  22. Sameer Gazem on December 20, 2021 at 12:44 pm

    it is amazing how you organize finances. Can you please show how to keep track of daily expenses.

  23. Tonick Music on December 20, 2021 at 12:45 pm

    Hi, how do you import data into excel? Do you have to do it mannualy or is there an automated way? Thanks in advance! 🙂

  24. Happy Lissiii on December 20, 2021 at 12:46 pm

    thank you for saving my life!

  25. Cid Highwind on December 20, 2021 at 12:46 pm

    No monthly rent? Lucky!

  26. Carpe Diem on December 20, 2021 at 12:48 pm

    Forget typing sum and brackets etc when wanting to add up just select the column or rows and add an empty box at the end then click auto Sum or the Greek E button and it adds it up for you and fills that number in the empty box. Bit easier.

  27. Connor Medina on December 20, 2021 at 12:49 pm

    I love the music you chose! Your whole vibe is amazing!

  28. TBM on December 20, 2021 at 12:50 pm

    That is good. Spreadsheets work, but i switched to an online app because i was bad a collecting receipt. https://www.youtube.com/watch?v=I_VZ0BhGKS8

  29. Shruti Bhanushali on December 20, 2021 at 12:50 pm

    Thanks for sharing tips on how to track expenses. That was by far the most sorted way to do it.

  30. bitsofsally on December 20, 2021 at 12:51 pm

    Thank you so much!!!!!

  31. Andy Mejia on December 20, 2021 at 12:52 pm

    Where is the link to google to the "expenses category?"
    Did I try to find it by look random? 6:45

  32. THE STOCK MARKET VALUE INVESTING CHANNEL on December 20, 2021 at 12:52 pm

    Download free software to manage your personal expenses
    https://www.youtube.com/watch?v=lELY0alZ6Ik

  33. Ree on December 20, 2021 at 12:53 pm

    6 months late but how would you fill out the bank account and credit card portions? From what I grasped in the video, I think you track how much is in your account at the beginning of the month for bank accounts and for credit cards, it’s how much you’ve accumulated within a month?

  34. rbbtldwyyhhh on December 20, 2021 at 12:54 pm

    first of all, you are so beautifullllllllll!! i love your accent and it is easy to understand and thanks for this tipss, i will definitely use it from now onn

  35. The Wind Lifestyle Channel on December 20, 2021 at 12:55 pm

    You Save a lot of money, then what do you do?

  36. Dominic Razzano on December 20, 2021 at 12:56 pm

    Awesome video and looks like a great way to stay organized/track everything financially. Will be giving this a try, thank you!

  37. King Yeager on December 20, 2021 at 12:57 pm

    wait you really put groceries and dinning out in your income tax return? lol or is this list not real and for entertainment purposes

  38. Tim Hendricks on December 20, 2021 at 12:57 pm

    2:36 I felt that so much. 😀

  39. Hishiko on December 20, 2021 at 12:58 pm

    Thank you so much for the spreadsheet, you’re the only one who linked it for free and i appreiciate it so much as a fresh graduate student who’s struggling living alone. Also thanks for the financial information 🙂

  40. itzyaboikdo on December 20, 2021 at 12:59 pm

    What episode were you in on the flash? I’m a big fan of that show 😂

  41. Daniie M. on December 20, 2021 at 1:00 pm

    I legit found the pun really funny 😂😂 Thank you so much for this video and for the template too! ❤️❤️

  42. Tom Maxwell on December 20, 2021 at 1:00 pm

    Thanks for the tips and spreadsheet! Very helpful 🙂

  43. Hellotjes Mellowtjes on December 20, 2021 at 1:01 pm

    No point in making a video if you are using fake numbers.

  44. Middle Man on December 20, 2021 at 1:02 pm

    beautiful and smart mmhmm, marry me

  45. Sayoshi Nakamario on December 20, 2021 at 1:04 pm

    $50 for medical insurance ?!

  46. Eric Hartwig the Excel Enthusiast on December 20, 2021 at 1:04 pm

    I just happened upon this video in my suggested videos and really great job!
    I really like your layout and formula usage, there is a really awesome tool available within Excel for windows but not yet fully functional in Mac called Power Query that would really push your template to the next level and save you sometime with your expense categorizations.
    If you are going to do a part two to this video I would love to offer some suggestions for power query use. If you are interested.
    If not that cool, and keep up the great work and looking forward to future videos as a new subscriber.

  47. Simone Competiello on December 20, 2021 at 1:07 pm

    What are you a poster or just an advertising channel? Your video goes for 15 minutes and half of that is add. Boooo

  48. RED ____ on December 20, 2021 at 1:07 pm

    Goddamn it she sounds so innocent

  49. TanyaticASMR on December 20, 2021 at 1:08 pm

    Very very useful! I loved your video and how you thoroughly explained the business and personal parts. Thanks also for the template!

  50. argonaut11 on December 20, 2021 at 1:08 pm

    Too much on the advertisement and promotion stuff. First, you should go through the "how I manage my money…". Or at least put much more time into that instead of discussing the watch stuff. Too much self-promotion.

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