Budgeting

MONDAY MONEY TIP PODCAST: “Fool”ish Money Mistakes

Another episode of the Monday Money Tip Podcast is LIVE! In honor of April Fool’s Day, we will be sharing some of the most FOOLISH money mistakes that people can make. We will share some right now relevant information about taxes in our Current Money Events segment of the podcast as April 15th is right around the corner! We also have a success story from a listener who used a 0% balance transfer credit card to gain debt relief in her money journey.

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take the next step, and that you’ve had FUN with us!

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:

iTunes
Stitcher
Spotify
Website
YouTube

About the Episode:

  • We will talk about tax day in our Current Money Events segment.
  • Hear a success story from an individual who used a 0% balance transfer credit card for debt relief in her money journey.
  • We will share some of the most foolish money mistakes that people make.
  • Learn how an online savings account can help your money work for you.

Resources:

IWBNIN Ladder
IWBNIN Next Steps: Banking
Mini-Budget Tool
Maximize Your Tax Refund
Budget Challenge
0% Balance Transfer Credit Card
IWBNIN Next Steps: Investing
Oxen Book
Rat Cat Book

 

Change Your Mindset On Budgets

What thoughts or emotions come to mind when you think about creating a budget? Frustrating? Horrible? Painful? I’d rather go to the dentist for a root canal? This used to be my mindset on budgeting so I completely understand every negative emotion that you feel. However, when I decided to change my financial future I knew that the key to this was a budget. In order to actually create a budget and follow through with it, I had to change how I viewed a budget and I’m here to tell you that you can too.

If you want to change your mindset on budgeting you first have to realize what a budget really does. It is not meant to be restrictive or remind you that there is never enough. What a budget really does is the opposite. A budget allows you to actually decide where it wants to go instead of wondering where it went! This is HUGE! A budget gives you control. A budget allows you to manage your money and ultimately fund dreams. I don’t know about you but I would much rather fund my dreams instead of going to the dentist for a root canal.

Instead of looking at a budget as a worthless process, start to think about what a budget can do for you. Write down your dreams. Do they cost money? How are you going to get that money? A budget. Once you start looking at a budget as a way to make your dreams a reality, any negative thoughts will become a thing of the past.

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Want more tips like this one?  Subscribe to the Monday Money Tip Podcast HERE.

MONDAY MONEY TIP PODCAST: 15 Words That Describe Budgeting

Happy Monday! This week on the Monday Money Tip Podcast, we’re going to discuss how you can change your mindset when it comes to budgeting. We know that the thought of a budget can create many negative thoughts and emotions so we want to share some alternative words and phrases you can use to combat those feelings. In our Current Money Events segment, we will share with you how you can “spring clean” your money to experience clarity and financial margin. Lastly, we want to share a success story from an individual who was able to prevent debt even in the midst of multiple financial emergencies.

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take a next step, and that you’ve had FUN with us!

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

 

NOW AVAILABLE TO DOWNLOAD:

iTunes
Stitcher
Spotify
Website
YouTube

About the Episode:

  • In our Current Money Events segment, we will discuss how to spring clean your budget.
  • Hear a success story from an individual who was able to prevent debt during multiple financial emergencies this month.
  • Learn how to begin associating words and phrases such as “freedom giver” and “money maximizer” with the budgeting process.

Resources:

IWBNIN Free Calculators
Annual Plan
IWBNIN Budget Tools

Quote of the Day: “Budgeting is telling your money where to go instead of wondering where it went.”

Have A Debt-Free Vacation With This Tool

Are you going to take a vacation this year? My guess is that your answer is YES. You have probably already decided when and where you want to go and have started dreaming about it. Now, how are you going to fund this vacation you’ve dreamed up? If you start planning now, you could fund it with cash!

By planning ahead of time, you can more accurately see just how much each aspect of your vacation will cost. You can anticipate travel, gas, lodging, food, entertainment and other expenses. Once you know how much your vacation is expected to cost, you can save money ahead of time!

We recommend using our Mini-Budget Tool to plan your vacation spending. You can really plan your vacation three different ways to see different scenarios and how they affect your bottom line. If you spend your money on paper, you can stay within budget during the trip.

Setting a budget and planning ahead of time is key to having a debt-free vacation. And I guarantee you, a debt-free vacation is a million times better than the alternative. You can have all the fun with your family without the stress of the incoming credit card bill.

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Want more tips like this one?  Subscribe to the Monday Money Tip Podcast HERE.

MONDAY MONEY TIP PODCAST: All About Budgeting

Are you ready to get your budget under control? In Episode 29 of the Monday Money Tip Podcast, you can do just that! We’re here to share with you how they make budgeting EZ each and every month. We will also share some statistics about the average car payment that may shock you! Our success story this week comes from a participant of our last budget challenge and you’ll hear how it changed her life!

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take a next step, and that you’ve had FUN with us!

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

Show Notes

About the Episode:

  • Hear some alarming statistics about the average car payment.
  • Megan shares an exciting story from one of our last Budget Challenge participants.
  • I share how you can become good at budgeting.
  • Learn the key to budgeting with irregular income.

Resources:
IWBNIN Next Steps – Insurance
Average Car Payment Article
Budget Tools
Budget Challenge

Quote of the Day: “The plans of the diligent lead to profit, as surely as haste leads to poverty.” – Proverbs 21:5