Jun 30, 2020
Today we’re digging into how to live well and enjoy this summer without breaking your budget!
Enjoying Summer as a Family, Staying on Budget
Saving money can be a smart and practical move when it comes to your finances. Sometimes though, you can get caught up with savings that it becomes your goal.
In the personal finance space and in particular with the financial independence community, there’s a segment that is intensely focused on how cheap they’re living.
They spend only $25,000 year or save half or more of their income.
First off, I think it’s commendable to look at ways to save. You want your hard-earned money o go further. But I think it misses the point of it all.
Instead of focusing on living cheaply, I think it’s more enjoyable and sustainable to live well.
As parents, we want to enjoy the time we have now with our kids. We can’t get that time back with them.
While working towards financial freedom does take getting our numbers into a good spot, it’s really to serve the bigger goals, savor the more precious resource time.
So today we’re digging into ways we can find that balance that is right for us and whatever season of life we’re in.
This is why I’m happy to have author, speaker, and podcaster Michelle Jackson on the podcast today.
In this episode we’ll get into:
- Defining your priorities and creating a budget that includes those while tackling paying off debt
- Finding ways to live well (foodie, health, and more) while keeping it affordable
- How to remove stress and automate your money
Let’s get started!
Resources to Help You To Reset Your Finances and More
If you’re ready to get your budget up and running this summer, here are some handy tools and resources you should check out!
- Best Budget and Money Apps: Personal Capital, Tiller, Mint, Honeyfi, Zeta
- 50/20/30 Spreadsheet Template
- Jumpstart Your Marriage and Your Money
- The One-Page Financial Plan: A Simple Way to Be Smart About Your Money
- How to Talk to Your Spouse About Money
Thank You to Our Sponsor Coastal!
Support for this podcast comes from Coastal Credit Union. If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today!
They not only have fantastic customer service but they also have competitive rates on their checking and savings accounts!
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Thank you so much for listening to the podcast!
- Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
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