• 277 | Living Well While Paying Off Debt: Balancing Your Budget And Your Goals

  • Jul 17 2024
  • Length: 18 mins
  • Podcast

277 | Living Well While Paying Off Debt: Balancing Your Budget And Your Goals  By  cover art

277 | Living Well While Paying Off Debt: Balancing Your Budget And Your Goals

  • Summary

  • Snag Our Signature Budget Template!

    Hey, budget besties! Today we’ve got some stories from our clients that we think will really resonate with you. These real-life lessons are like free coaching sessions, packed with tips and inspiration to help you on your financial journey. So, let’s get into it!


    Episode Highlights:


    1. Celebrating Small Wins with a Single Mom:

    - Shana had a heart-to-heart with a single mom who’s saved $50K—go girl! But she also financed $3K for furniture. We dive into why people use credit even when they have cash and how it impacts our financial security.


    2. Finding Balance for a Dedicated Nurse:

    - Meet a nurse who’s working two hospital jobs to pay off debt. She’s giving it her all, but it’s leading to burnout. We discuss the importance of balancing hard work with self-care to stay on track without burning out.


    3. Convenience vs. Cost:

    - Life is hectic, and those gas station snacks and drive-thru meals can add up quickly. We share practical tips for cutting down these costs without sacrificing convenience or health.


    4. The Power of a Phone Call:

    - A couple we coach made a call that reduced their credit card interest from 29% to 0%, saving them $600 a month! We talk about the importance of advocating for yourself and asking for better terms.


    Key Takeaways:

    • Credit vs. Cash: Having cash doesn’t mean security if you’re carrying debt. Focus on paying off debt to truly own your money.
    • Avoid Burnout: It’s crucial to find a sustainable work-life balance. You can pay off debt without sacrificing your well-being.
    • Small Changes, Big Impact: Cutting back on convenience spending can save you a lot. Start small and see the difference.
    • Advocate for Yourself: Don’t hesitate to call creditors and ask for better terms. It can make a significant difference in your budget.

    4 Ways To Connect With Us:

    1. 1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall

      2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook

      3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget

      4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching

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



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