Nate and Danielle answer a listener question about spending decisions and how to decide if you should finance something or save for it and buy it outright. Show Notes Listener Question: I just started listening to your podcast and love it! Your method/philosophy makes much more sense to me than other methods I’ve done in the past. Some things I’m…
Tag: savings
Podcast
Episode 52: Summer Savings
Nate and Danielle discuss the three main ways they saved money this summer. Show Notes Car Cabin and Engine Filters ($10 each and takes ~1 min. Dealership charges over $50-100 for each) Recently needed new brakes. The dealership wanted $450 to do brakes and rotors. I looked around and the price was not out of line with other places. I…
Podcast
Episode 51: Getting Your Spouse on Board
Nate and Danielle answer a listener question about getting their spouse to agree and stick to a budget. Show Notes Listener Question My husband and I just purchased our first home. I am super obsessed about managing our finances. I’ve made my own templates for our budget on excel! I understand his enthusiasm won’t ever match mine, BUT I don’t…
Podcast
Episode 46: Saving for Many Things with Many Accounts
Nate and Danielle answer a listener question about savings and how to manage a savings account with money set aside for multiple future expenditures. The various opinions are reviewed along with suggestions on what to do with longer-term savings. Nate also makes a re-visit to cord-cutting and discusses OTA and listener suggestions for getting it to work properly. Show Notes…
Podcast
Episode 36: Paying Off Debt vs. Saving
Nate and Danielle answer a listener question about how to decide if you should save your money or pay-off debt when you want to buy a house in the near future. Show Notes Listener email: Married with one child and another one on the way. Current make a combined income around $79K before taxes, so we are looking at 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…
Budgeting
How I was raised budgeting
I’ve been told my whole life, “don’t buy things you can’t afford” and “live within your means.” It’s sound advice, but when you break it down, what does it really mean? Affording things is great, but just because you can pay for something doesn’t mean that you should. My parents raised me to respect money and to have an appreciation…