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292: Mindy & Carl’s Spending Summary: March Money Madness Edition

292: Mindy & Carl’s Spending Summary: March Money Madness Edition

FromBiggerPockets Money Podcast


292: Mindy & Carl’s Spending Summary: March Money Madness Edition

FromBiggerPockets Money Podcast

ratings:
Length:
41 minutes
Released:
Apr 15, 2022
Format:
Podcast episode

Description

Financial independence is not a new concept to Carl and Mindy Jensen. For as long as they’ve been together, Carl and Mindy have been open and upfront about their financial situations. When they learned about the FIRE movement, they knew they had an all-time goal to hit. Fortunately for them, they hit it earlier than they needed, but has their current spending forced them to recalculate what it takes to hit financial freedom?Welcome back to Carl and Mindy's Spending Summary, or as we’re naming it this month, March Money Madness. Carl and Mindy had a few big-ticket items on this month’s expense tracker, namely things like a lovely trip to Seattle and a brand new couch (Mindy bought something new!?). As the months fly by, Mindy has noticed an “over budget” trend, forcing her to either recalculate her FI number or get back into budget mode.If you’ve gone over budget like Mindy this month, don’t fret! Tracking your expenses and keeping up to date on your budget will still help you achieve the goals you’ve set for yourself. Just be extra mindful in April! In This Episode We CoverFrugal vacations vs. relaxing retreats and how to plan for added travel spendingGas prices, utility bills, and using solar to lower your cost of living The benefits of budgeting and how expense tracking keeps you frugalHaving “money respect” for your partner when sharing finances Accounting for big “one-time” purchases like furniture or trips How to save money on next month’s grocery bill (look in your pantry!) And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingScott's InstagramMindy's TwitterApply to Be a Guest on The Money ShowPodcast Talent Search!Check the full show notes here: https://www.biggerpockets.com/blog/money-292See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 15, 2022
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.