In this episode, we discuss setting goals as a couple and the importance of establishing goals together. Show Notes Setting goals allows you to plan your budget realistically We break down our goals to short, mid, and long-term goals Short-term goals are obtainable in 0 months to 2 years Mid-term goals are obtainable in 2 years to 10 years Long-terms…
Category: Podcast
Podcast
Episode 12: Budgeting in a Relationship
In this episode we talk about how to budget in a relationship, from dating to the beginnings of marriage. Show Notes Talk about money in your relationship to see if your views are compatiable Set goals and work towards them together Use your goals as a yardstick on your budgeting behavior Determine the what, how, and why: What: Make a…
Podcast
Episode 11: Budget Ratios
In this episode, we talk about budget ratios and how we use them to help guide our decisions. Show Notes Budget ratio general rules 25% housing cost (rent or mortgage, include taxes, insurance, etc) 25% transportation (car, bus, metro, include upkeep of car and insurance) 15% retirement 25% living expenses (food, going out, utilities etc) 10% savings/debt relief Our budget…
Podcast
Episode 10: Budgeting for Trips
In this episode, we talk about budgeting for travel and also share Danielle’s travel tips! Show Notes Budgeting for travel comes out of what you have leftover each month Research where you are going and get an idea of airfare and hotel pricing Plan almost a year in advance Danielle’s Travel Tips for saving money Get to know the area DIY…
Podcast
Episode 9: Gadget Guy
In this episode, Nate discusses his problem with gadgets and how he is able to afford the things he wants though the budget. Show Notes Gadget fall into two areas; expensive and inexpensive Inexpensive gadgets go under personal budget and do not need to be discussed Expensive gadgets need to be discussed on how they will be paid for Pay…
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Episode 8: Food man
In this episode we talk about our food budget at why it matters Show Notes Going out is expensive, but fun We use our personal budgets for going out to lunch on our own and our together budget as a family Planning meals saves money and can be a pain Meal opportunity costs
Podcast
Episode 7: Retirement Part 2
In this episode, we talk about our numbers and where we plan to be when we retire. Show Notes Quick disclaimer: We are not investment or retirement specialist. We have no certifications in this area. We are speaking from our experience and research. Please consult someone with the proper credentials as we are only speaking from our experience. Retirement is a…
Podcast
Episode 6: Retirement Part 1
Retirement is an important part of the budgeting plan. It makes you invest in yourself and prepare for the future. In this episode we talk about the different options for investing and tips on how to plan for your post-income life. Please review and subscribe to your show on your podcast provider of choice. Show Notes Quick disclaimer: We are…
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Episode 5: Baby time
Having a baby can be a stressful time. There are a lot of unknowns and nine months goes very quickly. Having a plan of action for your budget can help ease some of that stress. In this episode we talk about how we planned for and currently budget for a child. Please review and subscribe to our show on your…
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Episode 4: Unplanned, uncontrollable, must pay for now expenses
What happens when you have an unexpected expense that has to be paid for immediately? Do you have a way of covering the bill? In this episode we talk about where we put extra money from our budget and how to plan for the unexpected. Please review and subscribe to our show on your podcast provider of choice. Show Notes…