Finance

“No” Allows You to Say, “Yes”

Happy Monday Everyone! Another episode of the Monday Money Tip Podcast is LIVE! Do you find it challenging to follow a budget because you feel like you’re constantly having to say, “No!” to yourself – and the rest of your family? On today’s episode, we’re addressing this feeling and how saying “no” now can help you say “yes” later. In our Current Money Events segment, we’re talking about the turmoil of the stock market and what you should do. Our success story comes from Emory, who is debt-free except the house and only 2 years away from being completely debt-free!   

Find more episodes of 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: 

  • Today, we’re answering: “Following a budget is really difficult because I feel like I am constantly having to say, “No!” to myself – and the rest of my family. Can you help me address this feeling?”  
  • In our Current Money Events segment, we’re talking about the turmoil of the stock market and what you should do. 
  • Our success story comes from Emory, who is debt-free except the house and only 2 years away from being completely debt-free! 

Resources:
20-Day Savings Challenge
0% Balance Transfer Credit Cards
Next Steps: Banking
Financial Learning Experience 
See Our Team Live
TOOL: Debt Freedom Date Calculator 
VIDEO: Paying Off Debt with Debt Snowball
20/20 MONEY: Gaining Clarity For Your Financial Future
Latte Factor – By David Bach
TOOL: Monthly Investment Calculator 
TOOLS: Budgeting 
IWBNIN Ladder


Quote:
“If you don’t sacrifice for what you want, what you want will become the sacrifice.” – Unknown


Related Monday Money Tip Podcast Episodes:
Episode 03: Making Savings A Priority
Episode 07: How to Teach Your Kids About Money
Episode 18: How to Pay Off Debt Quickly 
Episode 27: Sustaining Goals
Episode 63: 0% Balance Transfer Credit Cards
Episode 81: How to Prevent Overspending 
Episode 83: Money Saving Tips

March 2020 Update From I Was Broke. Now I’m Not.

Do your finances cause you frustration, fear, and anxiety? Discover how you can handle financial anxiety and become more comfortable dealing with money.

**CLICK HERE TO LEARN HOW TO DEAL WITH FINANCIAL ANXIETY


DEBT!!! Is it all equal? Are there different kinds of debt? What type of debt should you avoid, and is there any debt that’s ok to have? Everyone has a different opinion, so we’re breaking it down for you.

**CLICK HERE TO LEARN ALL ABOUT DEBT


Are you making progress when it comes to budgeting, but then something happens that blows up your budget? Discover how to prevent issues from messing with your financial progress.

**CLICK HERE TO FIND TIPS FOR PAYING CASH FOR YOUR VACATION


We’re sharing all our money saving tips. If your monthly budget is tight, this is for you! Check out ways you can save money in your budget now!

**CLICK HERE FOR MONEY SAVING TIPS


DON’T FORGET YOUR MARCH BUDGET

If you still need helping creating this month’s budget, check out our free budgeting tools HERE.

Don’t forget these expenses in your budget:

  • St. Patrick’s Day
  • Spring Break
  • Easter
  • Taxes
  • New Clothes for Warmer Weather
  • Outdoor Activities
  • Yard Upgrades [mulch, plants, patio furniture]
  • Christmas 2020
  • Summer Vacation Savings

Pay Cash For Next Christmas (or a Vacation!)

Happy Monday! It’s my favorite day of the week because another episode of the Monday Money Tip Podcast is LIVE! Are you making progress when it comes to budgeting, but an unexpected expense blows up your budget? On today’s episode, we’re helping you figure out how to prevent issues (like car repairs, Christmas or vacations) from messing with your financial progress. In our Current Money Events segment, we’re sharing tips that I’ve learned from budgeting for 200 consecutive months. Our success story comes from Cody, who was able to eliminate a car payment.        

Find more episodes of 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: 

  • Today, we’re answering: “We need your help. We are pretty good at budgeting, but it seems like right when we have started to make progress, an unexpected expense blows up our budget – things like a car repair or an insurance bill that is due every six months. Can you help us figure out how to prevent these issues from messing with our financial progress?”  
  • In our Current Money Events segment, we’re sharing tips that Joe has learned from budgeting for 200 consecutive months. 
  • Our success story comes from Cody, who was able to eliminate a car payment. 

Resources:
I Was Broke. Now I’m Not. Participant Kit + FREE Access to Online Study
I Was Broke. Now I’m Not. Group Study DVD
I Was Broke. Now I’m Not. Tools
TOOLS: Budgeting 
TOOLS: Known, Upcoming, Non-Monthly Expense Calculator 
Next Steps: Banking  
IWBNIN Ladder
20/20 MONEY: Gaining Clarity For Your Financial Future 

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

Related Monday Money Tip Podcast Episodes:
Episode 32: How to Have a Debt-Free Vacation
Episode 33: How to Never Have a Car Payment
Episode 61: The I Was Broke. Now I’m Not. Ladder – Explained
Episode 83: Money Saving Tips

Dealing With Financial Anxiety

Happy Monday! Get fired up because another episode of the Monday Money Tip Podcast is LIVE! Do your finances cause you frustration, fear, and anxiety? In this episode, we’re talking about how to deal with financial anxiety and become more comfortable dealing with money. In our Current Money Events segment, we’re talking about the winter money blues and how to make good financial decisions this season. Our success story comes from Cynthia, who will be debt free after a 38-month journey!        

Find more episodes of 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: 

  • Today, we’re answering: “I know it’s important to pay attention to my finances, but it causes me so much frustration, fear, and anxiety. You seem very confident about money. Can you share some tips that will help me become more comfortable dealing with money stuff?”  
  • In our Current Money Events segment, we’re talking about the winter money blues. 
  • Our success story comes from Cynthia, who will be debt free after a 38-month journey! 

Resources:
I Was Broke. Now I’m Not. Participant Kit + FREE Access to Online Study
I Was Broke. Now I’m Not. Group Study DVD
0% Balance Transfer Credit Cards
IWBNIN Ladder
20/20 MONEY: Gaining Clarity For Your Financial Future 
TOOLS: Budgeting 
Recommended Books
Joe’s Current Investments

Related Monday Money Tip Podcast Episodes:
Episode 16 – How to Get My Spouse on Board
Episode 17 – How to Handle Marriage & Money
Episode 20 – 5 Basics of Investing
Episode 21 – Making a Good Investment
Episode 37: Joe’s Current Investments
Episode 61: The I Was Broke. Now I’m Not. Ladder – Explained
Episode 63: 0% Balance Transfer Credit Cards
Episode 75: 20/20 MONEY Release Special

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

Is All Debt Equal?

Happy Monday! It’s a great day because another episode of the Monday Money Tip Podcast is LIVE! In this episode, we’re talking about debt, specifically, is all debt equal. We’ll discuss the different types of debt and break down what kind of debt you should avoid and if there is any debt that is ok to have. Everyone has a different opinion, so we’re breaking it down for you. In our Current Money Events segment, we’re sharing the updated contribution limits to your retirement accounts and other tax-advantaged investment accounts. Our success story comes from David, who is almost halfway up rung #4 of the I Was Broke. Now I’m Not. Ladder!       

Find more episodes of 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:
 

  • Today, we’re answering: “I want to hear your thoughts on debt. Dave Ramsey says, “NO!” to all debt – except for maybe a house. Others say, “Use other people’s money.” I’m so confused. Help!”  
  • In our Current Money Events segment, we’re sharing the updated contribution limits to your retirement accounts and other tax-advantaged investment accounts.
  • Our success story comes from David, who is almost halfway up rung #4 of the I Was Broke. Now I’m Not. Ladder!    

Resources:
I Was Broke. Now I’m Not. Participant Kit + FREE Access to Online Study
I Was Broke. Now I’m Not. Group Study DVD
0% Balance Transfer Credit Cards
Article – IRS Retirement Plan Contributions
Article – IRS Internal Revenue Bulletin
IWBNIN Ladder
Debt Tools
Next Step: Debt 


Other Monday Money Tip Podcast Episodes on Debt:
Episode 36 – Bite-Sized Debt
Episode 28 – 8 Ways to Speed Up Debt Elimination 
Episode 19 – Is All Debt Bad?
Episode 18 – How to Pay Off Debt Quickly