Finance

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


It’s tax season! Are you getting a refund? Discover ways you can maximize your tax refund this year. Don’t let that refund disappear without making the impact you wish or thought it could. Find out what tips we recommend.

 

**CLICK HERE FOR TIPS FOR MAXIMIZING YOUR TAX REFUND



It’s easy to start the month out well by preparing a budget, but then life happens, and by the end of the month, the budget has been overspent. Check out ways you can STOP overspending today!

 

**CLICK HERE TO LEARN HOW TO PREVENT OVERSPENDING



Looking to stay consistent with your finances? Find out how you can avoid the up-and-down cycle and make a real change this year.

 

**CLICK HERE TO SEE WHY YOU SHOULD HAVE A COACH



We’re entering month two of 2020. How are you doing with your goals and budget? Check out some ways you can make 2020 your best financial year yet!

 

**CLICK HERE TO HAVE THE BEST YEAR YET


DON’T FORGET YOUR FEBRUARY BUDGET

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

Don’t forget these expenses in your budget:

  • Super Bowl Snacks
  • Valentine’s Day
  • Taxes!
  • Increased Heating Bill
  • Christmas 2020
  • Summer Vacation Savings

 

Money Saving Tips

Happy Monday! It’s my favorite day of the week because another episode of the Monday Money Tip Podcast is LIVE! In this episode, we’re sharing all our money saving tips. If you just got started with your monthly budget, but it’s tight, this episode is for you. Join us as we share ways you can save money in your budget. In our Current Money Events segment, we’re talking about things people say about money that drive us crazy! (Hopefully, you haven’t said one of these!) Our success story comes from Debby, who paid off her house in less than seven years!    

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 just got started with my monthly budget. It is really tight! What are some ways I can save money in my budget?” 
  • In our Current Money Events segment, we’re talking about things people say about money that drive us crazy!
  • Our success story comes from Debby, who paid off her house in less than seven years!   


Resources:
I Was Broke. Now I’m Not. Online Study
Free Tools
See Our Team Live
Cash Envelopes
0% Balance Transfer Credit Cards
Next Steps – Insurance
MMT Podcast: Episode 33 – How to Never Have a Car Payment
Selling a Car with Negative Equity Ebook 
IWBNIN Ladder

Maximize Your Tax Refund

It’s going to be a good day!! Who’s ready to talk about TAXES?

In this episode of the Monday Money Tip Podcast, we’re talking about how to maximize your tax refund. Perhaps you receive a big tax refund, but somehow it disappears without making the impact you wish or thought it could. In this episode, we’re providing some tips you can use to maximize your tax refund. In our Current Money Events segment, we’re sharing about good financial habits that you can create as the year is getting started. Our success story comes from Shawn and Jenn, who are completely debt-free going into 2020, minus the mortgage, after battling several rounds of debt (including a $25k loan for In Vitro, medical expenses, deductibles, and credit card debt)! Congrats Shawn and Jenn!    

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: “Every year, I receive a big tax refund. It always seems like a big amount, but somehow it disappears without making the impact I wish or thought it could. Can you provide some tips I could use to  maximize my tax refund?” 
  • In our Current Money Events segment, we’re sharing about good financial habits that you can create as the year is getting started.
  • Our success story comes from Shawn and Jenn, who are completely debt-free going into 2020, minus the mortgage, after battling several rounds of debt (including a $25k loan for In Vitro, medical expenses, deductibles, and credit card debt)!  

Resources:
20/20 Money: Gaining Clarity For Your Financial Future
Free Financial Tools
Online Banks
IWBNIN Ladder
See Our Team Live
Video: Debt Snowball
Tax Refund Mini-Budget

MONDAY MONEY TIP PODCAST: How to Become a Millionaire

Happy Monday! It’s my favorite day of the week because another episode of the Monday Money Tip Podcast is LIVE! Is it possible for you to become a millionaire? (Spoiler Alert – YES!) In today’s episode, we’re sharing some tips that can your finances to the million-dollar level. In our Current Money Events segment, we’re sharing the latest on consumer debt. We’re also sharing a success story from David, who avoided new debt by staying committed to his budget even when he had several unexpected expenses. 

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’re answering the question: “Is it really possible for me to become a millionaire? If so, can you share some ways to become one?” 
  • In our Current Money Events segment, we’re sharing the latest on consumer debt.
  • Hear a success story from David, who avoided new debt by staying committed to his budget even when he had several unexpected expenses. 

Resources: 
Debt Tools 
Article – ValuePenguin
MMT Podcast – Episode 63
IWBNIN Ladder
Next Steps – Investing
Retirement Nest-Egg Required Calculator 
Budget Tools

 

MONDAY MONEY TIP PODCAST: Budgeting Tips

Happy Monday! It’s my favorite day of the week because another episode of the Monday Money Tip Podcast is LIVE! Today, we’re giving you all our budgeting tips, tricks, and hacks so you can become great at budgeting. We’ll also talk about a helpful resource that can truly take your finances to the next level. In our Current Money Events segment, we’re breaking down the cost of raising a child and spoiler alert…it’s expensive. We’re also sharing a success story from Alexander, who has an incredible testimony of his financial journey that you have to hear to believe.

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 answer the question: “I keep trying to prepare a budget, but for some reason, I just can’t get it right, so I just give up. Do you have some tips that can help me become good at budgeting?”
  • In our Current Money Events segment, we’re breaking down the cost of raising a child. 
  • Hear a success story from Alexander, who has an incredible testimony of his financial journey that you have to hear to believe. 

Resources:
Next Steps – Insurance
USDA – Cost of Raising a Child
Cost of Raising a Child – Calculator 
IWBNIN Ladder
Mint.com
Budgeting Tools 
I Was Broke. Now I’m Not. Book
40 Day Budget Challenge 

Quote of the Day: “Planned money accomplishes far more than unplanned money” – Joe Sangl