How NOT to Get Overwhelmed with Personal Finances and Budgeting
Pulling Back the Curtain
English - December 10, 2020 13:00 - 25 minutes - 47.4 MB - ★★★★★ - 312 ratingsBusiness Health & Fitness divorce natalie parenting back business curtain finance fitness health hodson Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Okay, this isn’t the most exciting or sexy topic… but it’s a topic that is on many of our minds every day!
Money. Bills. Budget.
I was never really taught about money. I think money is sort of a taboo topic in a lot of families, and it felt like that in mine. We didn’t have a ton of it, but we never learned about saving, or interest rates, or credit, or anything like that.
My ex-husband was great with money and taught me a lot about a budget, though I was resistant to it at first because it felt controlling and I didn’t like the restrictions. We had a lot of student loan debt (listen to more on that HERE on another podcast episode), and I ran across Dave Ramsay’s content. I really geeked out on it! And now I have a ton of tools in my tool belt in terms of budgeting. I stopped looking at budgeting as ‘restrictive’. I started looking at it as a tool to track behaviors… and it’s your behaviors that create the outcomes that you want.
In this podcast episode, I go through my actual budgeting spreadsheet. I talk about tracking expenses, tips for saving, and how it can be fun to play around with retirement savings tools. I talk about looking at your finances each month, and also annually. I discuss talking about budgeting with your spouse, and gift alternative ideas when you have a big extended family like I do.
I know budgeting and money can feel overwhelming, but these are the tips that helped me. Trust me, I didn’t come from a lot of money, and my ex and I were once in $170,000 in student loan debt that we completely paid off. I have walked the talk!
Just remember, budgeting is hard. Give yourself grace. Just because you’ve failed doesn't mean you're a failure.
Good luck with your budgets!
If you have some budgeting, saving, or financial tips, share on social media! Also, if there’s a topic you want me to talk about on this podcast, let me know!
xo Natalie
P.S. I would love it if you reviewed this podcast and subscribe! It really does make such a huge difference!
Resources from this episode: