12. How to Create a Budget, Financial Security Step 6

Balanced FI Podcast

English - July 27, 2021 06:00 - 30 minutes - 27.8 MB - ★★★★★ - 2 ratings
Investing 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

Previous Episode: 11. Smart Ways to Use Your Stimulus Money (or other unexpected money)

Next Episode: 13. 4 Ways to be Intentional With Your Money

Welcome to the Balanced FI Podcast, episode 12! Thank you so much for listening in!

This episode covers budgeting and its importance. We start by looking at past transactions and adjusting your budget to help you meet your current financial goals.

We also go over important budget categories, such as:

billsminimum debt paymentsfoodhousehold itemsvehicle expensesfun moneymedical costspersonal carepetsentertainment

Resources:

Read: Financial Security Step 6, Create a Budget

Read: Financial Security Step 1, Track Your Expenses

Read: Financial Security Step 2a, Save a Mini Emergency Fund

Read: Financial Security Step 2b, Begin Saving for Retirement

Read: Financial Security Step 3, Save for Recurring Expenses

Read: Financial Security Step 4, Calculate your Net Worth

Read: Financial Security Step 5, Create a Debt Payoff Plan

Download: free Budget Planner

Download: free Save for Recurring Expenses Worksheet

Read: 30 Day Challenge

Read: Fun Money Budget - What You Need to Know

Sources:

USDA: USDA Food Plans - Cost of Food Reports (monthly reports)

Every Dollar budgeting app