Budgeting and Money Management Basics
Budgeting and Money Management Basics
Today’s show is sponsored by PLC Wealth Management. As fiduciary financial advisors, they help families and individuals by providing financial advice on major life decisions. They offer guidance and solutions on saving, investing, debt, education and more. Learn more today at PLCwealth.com.
Happy New Year! A new year means it’s time for a new beginning. To get everyone’s year off to the best financial start. I’m starting the 2020 Military Money Show season off with a back to basics series. I have three shows planned to go over topics like budgeting and money management, salary and employer benefits, and how to take your finances to the next level in 2020. The goal is to give you a review or understanding of core financial elements to handle early in the year to set yourself up for success.
I’m happy to have my guest, Matt Miner for the series. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions. Matt is lives in North Carolina with his wife and children.
In today’s show, Matt breaks down budgeting best practices, how to handle debt, emergency savings, and money management tips.
Budgeting and Money Management Basics Episode Details
- An explanation of budgeting
- How budgets can help with personal finance
- Budgeting best practices
- Learning styles and budgets use
- Understanding cash flow
- The impacts of debt on your personal finances
- Getting out of debt best practices
- How to create an emergency fund when you’re in debt
- Emergency savings rules of thumb
- How to avoid raiding your savings
Budgeting and Money Management Basics Resources
Thank You for Podcast Reviews!
I appreciate your review of The Military Money Show on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps me make the podcast better and better. Plus it helps other people find me.
Connect
Disclosure
These notes may contain links to our affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.
Related Podcast
How to Use Consistency to Achieve Your Financial Goals
Consistency in managing personal finances is challenging because it requires discipline, self-control, and long-term planning, which often clashes with impulsive spending habits, but without consistency, avoiding debt and building wealth is a struggle. Consistency in managing personal finance empowers you to take control of your financial future. .
Making Informed Car Buying Decisions
Buying a car can be a big undertaking and overwhelming because it greatly impacts your finances. If you’re not careful, you can make mistakes or miss opportunities that can cost you. In this episode, Brendan Duebner shares tips and advice to avoid costly car-buying mistakes, the resources you can use,.
Baby Stepping Out of Debt
Debt is a drag on your finances now and in the future. For many military families, debt is one of the top stressors. When your credit is maxed out, it can make extra expenses that are molehills seem like mountains you have to climb. When you’re in the thick.
