Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

251 | Real-Life Financial Makeovers: Strategies for Paying Off Debt and Saving

251 | Real-Life Financial Makeovers: Strategies for Paying Off Debt and Saving

FromFinancial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans


251 | Real-Life Financial Makeovers: Strategies for Paying Off Debt and Saving

FromFinancial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

ratings:
Length:
18 minutes
Released:
May 17, 2024
Format:
Podcast episode

Description


Book A Free Financial Coaching Call!


Today, we are talking about the importance of setting financial priorities and sticking to them. Our clients have made incredible progress, from paying off credit card debt to tackling student loans and planning for future expenses. We share their journey, the challenges they've faced, and how they've managed to stay focused on their goals.
Episode Highlights:

Client Success Stories:

Our clients kicked off the year with ambitious goals and have already paid off their credit card debt. ?
They've set a clear plan: prioritize student loans, pay off braces, build an emergency fund, and tackle vehicle and home expenses.


Tackling Multiple Financial Goals:

Balancing paying off student loans while saving for other essentials.
Prioritizing a fully funded emergency fund before addressing less urgent debts like vehicle loans.


Budgeting for Everyday Expenses:

Simplifying finances by creating separate accounts for different spending categories, like dining out.
Emphasizing the importance of planning and tracking spending to avoid financial stress.


Personalized Coaching Insights:

Discussing strategies to avoid common budgeting pitfalls, such as consolidating all spending into one account.
Encouraging clients to take ownership of their financial plans and celebrate small victories.


Importance of Staying Ahead on Taxes:

Advising business owners to stay current with their taxes to avoid future financial stress.
Highlighting the benefits of setting aside a percentage of income for taxes to stay ahead.



Key Takeaways:

Set Clear Priorities: Define what needs to be tackled first, from paying off high-interest debts to saving for emergencies.
Stick to the Plan: Resist the urge to deviate from your financial plan, even when unexpected expenses arise.
Simplify and Track Spending: Use multiple accounts for different spending categories to stay organized and avoid overspending.
Stay Ahead on Taxes: For business owners, staying current on taxes can prevent significant financial headaches down the line.



4 Ways To Connect With Us:
1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall 
2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook 
3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget 
4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching 
"I love Shana & Vanessa and this podcast is amazing!" < If that sounds like you, please consider rating and reviewing our show! It helps us to reach more people – just like you – to help them change their financial future. Don’t forget to follow the show so you don’t miss any episodes! And, if you’re feeling really generous, we’d be SO honored if you would share this podcast with someone. 
Click here to view our privacy policy.
This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase!  

---

Send in a voice message: https://podcasters.spotify.com/pod/show/idealbalance/message
Released:
May 17, 2024
Format:
Podcast episode

Titles in the series (100)

Even high-achieving, Jesus-following moms need help organizing their finances. We want to help you learn how to budget, how to get out of debt & how to save money. We do this through 1-on-1 coaching where we teach you how to stop stressing about money & install systems that automate your finances. Once you have these money systems, you’ll be able to live debt-free, build wealth & achieve financial freedom. Join us to ditch the bad money habits & take control of your financial future. Shana & Vanessa are best friends, business partners and Ramsey Solutions Master Financial Coaches.