07. Get a Month Ahead on Bills! Save for Recurring Expenses, Financial Security Step 3
Balanced FI Podcast
English - June 22, 2021 06:00 - 15 minutes - 14.6 MB - ★★★★★ - 2 ratingsInvesting Business Education Self-Improvement debt debt freedom debt payoff family finance financial freedom financial independence financial security frugal medically complex personal finance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to the Balanced FI Podcast, episode 7! Thank you so much for listening in!
Saving from each paycheck to pay monthly and annual bills allows you to breathe easier and frees up mental space for other things. This episode is an overview of the content covered in the Bill-Balancing Bootcamp. That course will walk you through the detailed steps of finding your recurring expenses, calculating how much to save from each paycheck, and how to both set up and fund a “bills” checking account. We also talk about evaluating your recurring expenses and paring them down.
The Double Account Method is a great way to stop living paycheck to paycheck and get a month ahead on your bills. It reduces stress and provides more financial stability.
Resources:
Enroll: Bill-Balancing Bootcamp
Read: Financial Security Step 3: Save for Recurring Expenses
Read: Financial Security Step 2a: Save a Mini Emergency Fund
Download: Save for Recurring Expenses Worksheet
Sources: