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

Latest Episodes:

68 | Turn Your Bank Account Into Your Personal Assistant - A Step-by-Step Guide On How To Create An Automatic Bill Pay System Mar 29, 2023

Show notes

Snag Our Simplified Budget System!

Paying bills is as fun as getting a root canal. Our Stress Free Bills System designates an account especially for bills and then pays them automatically each month for you without you ever having to lift a finger. Basically, we’ll teach you how to use your bank accounts as your personal assistant.

Problems the bills system solves:

Not knowing if a bill is going to get paid
Late payment & NSF fees
Not knowing if you have enough money in your account

In this episode we also cover:

Definition of a bill versus an expense
How to choose the right account for your bills system
How to separate shopping, spending, gas & groceries money from your bills money
Why renaming accounts in your bank is a good idea
How to set up direct deposits, bills and payments to be automated to save time
How you have better things to do than stress over paying bills
How to be confident & in control about your finances
Why ACH payments are preferable to debit / credit cards

Connect With Us:

1️⃣ Facebook Group – Join the community. Our free group is where the real talk happens. Connect with other women who are learning how to budget, save, and finally feel in control, together. ➡︎ budgetbesties.com/facebook

2️⃣ Automate Your Budget Masterclass – Watch it now, no waiting. This FREE on-demand training shows you how to set up a budget that matches your lifestyle, without tracking every dollar or feeling restricted. ➡︎ budgetbesties.com/automate

3️⃣ Budget – Grab our Simplified Budget System! You don’t need another budget, you need a system that does the math, makes the plan, and gives you permission to spend. ➡︎ budgetbesties.com/budget

4️⃣ Private 1-on-1 Coaching – Get a plan and a coach. We’ll build your full budget system together, so you always know what to do and feel confident doing it. ➡︎ budgetbesties.com/coaching

5️⃣ Be on the Podcast – Free coaching, real convo. Come chat with us on the show! Get real-time financial coaching and help other women by sharing your story. ➡︎ budgetbesties.com/livecall

"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.

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Debt Free Faster: The Step-by-Step Plan to Pay Off Debt | 67 Mar 28, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Stop giving away all of your hard earned money!

Payments do not have to be a life sentence. The Get Out Of Debt (GOOD) Plan that is easy to understand and follow that tells you exactly how to pay off each debt and when. It also prompts ideas on how to pay off debt even faster. The GOOD Plan even lets you know when you can be out of debt completely.

In this episode we cover:

How minimum payments are structured so you can pay them for the rest of your life
Why paying a little more each month doesn’t work to get out of debt
Why waiting to the end of the month to use “what’s leftover” doesn’t work to get out of debt
Why the #1 rule to getting out of debt is to borrow no more (Dave Ramsey)
Why you should stop worrying about interest rates and start worrying about BEHAVIOR CHANGE and HABITS
How you know if you can’t afford something
What system to use to pay off debt
How to target all of your available resources (energy, time & money) on ONE goal
Why tracking your progress really helps with the maintaining momentum
How to take your frustration out on your credit cards
How to figure out when you will be debt-free
Ways to knock out debt faster
Why getting out of debt is awesome

You know we don’t hold back. We love you enough to be honest and call you to a higher standard. Here are some quotes from this podcast:

“If you can’t pay cash for it, you can’t afford it. Borrowing someone else’s money to afford it doesn’t mean you can afford it. It means they could afford it. Not you.”

“If you were good at math, you wouldn’t be in debt.”

“You’re putting a little bit of money toward everything and you’re not making progress on anything.”

But there is hope! You’re listening & ready to do this aren’t you? That’s all it takes. Listen in to get the motivation & next steps you need to get out of debt- for good!

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

Monthly Budget: How To Create A Budget Once And Use It Every Month | 66 Mar 24, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

We don’t want you to be controlled BY your money. We want you to CONTROL your money. You probably have enough money, you just don’t have a plan.

That plan is the Rolling Budget!

The budget isn’t everyone’s favorite but it’s the singular tool to use to hit EVERY SINGLE goal you’ve got. Listen in for tips about starting & maintaining a budget as easily and effectively as possible.

In this episode we cover:

What people are doing wrong when it comes to budgeting
The step-by-step process to start your budget quickly
How to do a bank account audit
The difference between gross pay and net pay
Best practices for setting up your budget
The difference between bills, debt and expenses
How to account for the different needs every month in the budget
When you should use cash and when you should keep your money digital
Why you should try cash
How to use an emergency fund to make budgeting work
Why a small emergency fund is okay
What bills you need to shop around for lower prices
Pro tips for communicating about money in marriage
How to avoid emotional purchases
Budgets & beer

Most people are using bank account balancing as their primary financial tool. This means they look at their phone to see if they can afford something. With a budget, you always know exactly what you can afford and how you’re going to meet your goals. A budget tells your money where to go rather than wondering where it went. Be sure to visit https://www.annualcreditreport.com/index.action

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

Which Money Season Are You In: Chaos, Crusader or Happily Ever After? | 65 Mar 22, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Our clients come and go in different financial statuses. Which financial status are you currently in? Chaos? Crusader? Happily Ever After? Listen to find out.

In this podcast episode we’re talking about:

Money anxiety
How to get relief & control back in your finances
Money mindset
Debt pay off strategies
Organizing your
Living paycheck to paycheck
What’s more important than your credit score
NSF fees
How you can be like Frodo from Lord of the Rings
How to see the light at the end of the tunnel with your money
Getting to automatically saving & investing
Being able to be as generous as you want to

Side note: money is amoral. It is a tool that can be used for good or for bad. We know you’re going to use it for good, so get over your shyness and get ready to have an incredible financial future full of opportunities and generosity!

The first status is chaos. During this status, you have no idea what’s going on financially. Typically, you’re scared or overwhelmed about what’s going on so you just ignore it. This doesn’t mean you’re not making ends meet. It usually just means you make good money but have nothing to show for it. It means you aren’t sure how to make financial decisions, so you wing it or use debt.

The second status happens when you organize your finances to get out of debt. Debt is a thief that keeps you paying for the past rather than funding the future. Regular, wealthy, financially independent people aren’t using debt or credit scores as a measure of any success, trust us. In fact, we have a saying we like to use:

“The poor pay interest, while the rich earn interest.”

The Third Law of Wealth from the Richest Man in Babylon

The third status is when you’ve gotten out of debt and have set up a solid investment plan and you understand when you will be financially independent. In this stage, you’ll start piling up cash in your emergency fund, your vacation and gift-giving accounts as well your investments and anything else you are excited to fund.

So, where are you? We hope to get you into that third status with this book. If you use each system we list in this workbook, you’ll be on your way!

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

8 Things High Schoolers Know About Saving Money That You Might Not (All About Saving Money, Debt, Budgeting & Investing) | 64 Mar 08, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Recently we taught a group of high school students all about saving money, budgeting, debt & investing. After each lesson, we asked them for their takeaways. Today we're going to bring you their takeaways that you probably should know but may not be practicing. Even if you make more money, don't spend more money Put your emergency fund in a money market When you get a raise, your investments get a raise Don't ever take money out of your investments Put your goals on paper, they are more feasible than you think You can be completely debt-free your entire life Investing is really important. In this episode we also cover: How to avoid lifestyle creep. Where to put your emergency fund so you can make more than .01% interest. How to make your money work for you. The difference between a starter emergency fund and the fully funded emergency fund. The difference between the checking account, savings account and the money market account when it comes to your emergency fund. The compound interest that you’re paying in debt versus earning in investment. How to be a good investor (ie. don’t stop / start & never pull from investments)Why writing goals on paper makes a big difference. How you can be your own bank. How helping your kids learn to save will serve them WAY better than a credit score. How building a credit score is NOT what we want to teach our kids. How to completely change your kids’ financial future

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

Pay Off Credit Card Debt Faster: Stop the Minimum Payment Trap | 63 Mar 08, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

In this episode, we are speaking to our client Ashleigh about a particular payment she couldn’t figure out when she was trying to get started on her budget. There was a $7 payment in her bank statement audit that she couldn’t figure out until she pulled her bank statement. $7, no big deal right? When she finally obtained a billing statement she found out she’d be paying $7 for the next 47 years. Listen in to find out what she did instead.

Also, in this episode we cover:

The techniques credit companies use to get you & keep you in debt
Why a $7 payment is a bad idea
How to use your credit report and bank statements to make sure you’re not missing anything in your budget and money
How every payday is a fresh new start to get it right How coaching gives you perspective and support to achieve your goals

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

Pay Off Debt: From No Money for Groceries to $20k Debt-Free, Client Success Story W/ Amanda & Joe | 62 Feb 04, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Do you want to stop stressing about money? Do you feel like no one bothered teaching you about money and personal finance? Are you using credit cards to afford life?

You'll want to listen to this episode. It'll pull at your heartstrings and you'll find yourself relating to Amanda & Joe's story. In this episode, we talk to them about:

How coaching was best investment in their marriage they've ever made
How doing the work to improve their financial situation improved their relationship & communication
How they went from not having money for groceries to talking now about building generational wealth
Growing up and how *she* never had to worry about money and *he* never had any money
How he felt sheltered financially while in the military and then had to face reality when he separated
How she didn't think she could afford to finish school but now she's set to graduate in May.

And so much more!

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

How to Pay for Expensive Home Repairs Without Going Into Debt | 61 Jan 27, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Your home is your most valuable asset. Hooray! But it's also so expensive to maintain. Today we are talking about home repairs & maintenance including when you SHOULD go for the big price tag and when you should avoid it. We'll talk about EXACTLY how to start saving TODAY, even if it's $5, so that future you isn't so stressed out when something happens! We'll also cover:

How your home plays into your NET WORTH
Why you need to protect your asset
Questions to consider before you replace / repair things around the home
Exactly how to save for grown up things like duct repair, new ac units and a tankless water heater

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

Why Getting Out of Debt Has to Suck a Little, and How to Make It Work | 60 Jan 24, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Do you struggle to take the time to notice and reflect on the changes that are taking place as a result of the work you've been doing? Good news, you're normal.

Do you get frustrated in the messy middle? That's the part where things seem worse or more frustrating than when you started but are a NECESSARY part of the process. Good news, you're still normal.

What's more important to you: Netflix or vacation? Does it feel like that's a silly choice? Maybe, but listen to see if you agree with one of our clients.

Last but not least-what if there were a way that your budget could be more simple & more automatic?

We love bringing you the direct breakthroughs and lessons we're working through with our clients because they are probably going to feel really familiar and we hope they help you. They might even help you help someone else with an encouraging word or a thought provoking question. In this episode we cover:

How to maintain momentum during the weight loss stages
Why part of the process of getting out of debt has to suck enough to make you mad
How to evaluate whether certain budget items are more important than your overall financial goals
What automatic transfers are and how they are a game changer for any budget

Let’s Take Our Relationship To The Next Level:

1️⃣ Facebook Group ➡︎ budgetbesties.com/facebook

2️⃣ Be on the Podcast ➡︎ budgetbesties.com/livecall

3️⃣ Private 1-on-1 Coaching. ➡︎ budgetbesties.com/coaching

This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.

Click here to view our privacy policy. https://budgetbesties.com/privacy

How to Talk to Your Spouse About Money Without Fighting | 59 Jan 20, 2023

Show notes

Curious? Start Here for Free!

Ready? Buy Our Simplified Budget System Now!

*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*

Ever had a fight about money?

Stressed about the lack of savings?

Do you have no idea what your finances will look like in ten years?

We had a great discussion with Christine Hinrichs, Podcast Host & Creator of The MilSpouse Mastermind Show and we are bringing it to you now. While she focuses on helping military spouses specifically, we think every household will benefit from this conversation. Some highlights: