Haley and Justin inherited $600,000 but ended up blowing through the money and accumulating $220,000 of debt. They share their journey of lifestyle inflation, realizing the extent of their debt, and taking steps to address it.

You Will Learn:

• Why inheriting a large sum of money at a young age can be overwhelming and lead to lifestyle inflation.
• How to have open communication about money with family members.
• Why creating a budget and tracking expenses is crucial to gaining control over spending habits.

Check out Haley and Justin's Podcast Price of Avocado Toast

You Might Like:

• Get the BRAND NEW FREE Goodbye Debt Tracker!
• Grab my FREE Budgeting Cheat Sheet.
• Follow Allison on Instagram! @inspiredbudget
• Check out Inspired Budget's blog.
• Take my FREE class on How to Budget to Build Wealth!

My birthday is next week so I thought it would be fun to give you a little personal and life update! This episode will give you a behind the scenes look at my money, family, and business life.

In this episode you’ll learn about:

• How budgeting has changed for our family over time
• What we are currently splurging on
• What trips we have planned next
• The routines that help me balance work and life
• What I’m working on for Inspired Budget

Would you mind celebrating my birthday by writing a review for the Inspired Budget Podcast? It would mean the world to me!

Check out my embroidery picture!

You Might Like:

• Get the BRAND NEW FREE Goodbye Debt Tracker!
• Grab my FREE Budgeting Cheat Sheet.
• Follow Allison on Instagram! @inspiredbudget
• Check out Inspired Budget's blog.
• Take my FREE class on How to Budget to Build Wealth!

Rob Phelan, a high school financial educator, is on a mission to change how kids, specifically teenagers, learn about money.

In this episode you’ll learn:

• How to have conversations about money with teenagers
• How to create opportunities for teens to practice managing money
• Financial challenges faced by young adults - and how to prepare teens to face these challenges
• Practical strategies you can do at home to teach your kids/teens about money

Check out Doug Nordman and Carol Pittner's Book Raising Your Money Savvy Family
Check out Dan Sheek's Book First to a Million
Check out Clifton Corbin's Book Your Kids Their Money
Check out Rob Phelan's Children's Book M is for Money
Check out Rob Phelan's Workbook The Simple Startup
Connect with Rob on Instagram @fieducator

You Might Like:

• Get the BRAND NEW FREE Goodbye Debt Tracker!
• Grab my FREE Budgeting Cheat Sheet.
• Follow Allison on Instagram! @inspiredbudget
• Check out Inspired Budget's blog.
• Take my FREE class on How to Budget to Build Wealth!