This video stood out to me because it was only 6 mins long, others being 25+ mins. For most people time is a factor and the description outlined different options which I felt was great. I found her insights useful and I was already using her favorite method in my own budgeting! She outlines that the first 3 budgeting styles can leave room for error, confusion and may not work for every persons end goals. The fourth method Zero Based Budgeting allows you to be in the drivers seat and control all the factors. It lets you be intentional and she also suggests an easy to use app to help you further.

I chose this video because it was labelled for beginners. It highlights Five easy steps:

1. List Income and Total

2. List Expenses and Total

3. Subtract Total Expenses from Total Income

4. Track your spending

5. Repeat Monthly

This method is also known as the Zero-Based Budgeting method, as explained in the 2nd video. This video also had links to other videos which would be useful for someone starting in the budgeting world.

I believe it's a great short video that would be beneficial for any teen, student, or young adult transitioning into independent living after staying with parents.

This video is a good reminder of why we should budget. Knowing where your money goes instead of wondering where it all went after the fact.

I found this video on the Federal Student Aid page and I think it was a fabulous place to have it for students possibly taking on new debt.

I enjoyed this video and it made me think about things I do in my own life. George points out tips that you can relate to, to help become a more frugal person. My favourite point was "more stuff doesn't make you more complete"! He highlighted how important it was for wealth to invest and create compound interest savings for yourself, recommending that 15% of your gross household income go to investments monthly.

I picked this website because it was Canadian and it had very detailed information for someone who may just be looking into budgeting for the first time. My favourite part was the tips to help you stick to your budget with the most important tip being to continue to update the budget as needed as it is a working document not set in stone.

I decided to highlight this app after experiencing it firsthand in a previous video. Its simplicity and user-friendly design truly impressed me. The app eliminates the hassle of budgeting by letting you easily input your numbers, and it automatically calculates everything for you, making the entire process quick and effortless.

I ran a sample run with my expenses and income and was surprised at how detailed this was. After completing the 3-steps it gave me a detailed bar graph showing me my summary. The tool also gives you the option to adjust your figures and outlines the next steps for setting goals and savings. This was a great free way to get started for a beginner.

I chose this website because it gives a clear and simple breakdown of budgeting. It helps you understand the whole process, from start to finish, making it a great option for beginners or anyone wanting to get better with their money.

What surprised me the most about budgeting was how easy it actually is. It can seem overwhelming when you're unsure of the steps, but after doing some research, I found there's so much helpful information out there. I’d recommend anyone who feels intimidated by it to just give it a try as it can be really rewarding once you get the hang of it.

2. Provide a real-life example of how this topic is relevant or interesting for you.

Having a family and managing our day-to-day life, budgeting is a must. It’s something we rely on to keep everything running smoothly. I was excited to find that the budgeting method we use at home is actually the most recommended strategy. It feels good knowing we're on the right track!

3. If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

If a friend asked me about budgeting, I’d tell them how much it has helped my family gain financial freedom. It’s been a game changer for us, and I’d definitely recommend it to anyone looking to get better with their money.