Listen to the podcast here: https://moneypig.buzzsprout.com/2136084/13171734-why-you-need-a-budget-how-to-get-started
*Sorry for any grammatical errors as this description was generated using AI
Alysia Dicks, certified YNAB coach and budgeting expert, joins the Money PIG Podcast to discuss the topic of budgeting. They explain what YNAB is and how it helps manage finances. YNAB is the budgeting app of choice and the one Goodwin Investment Advisory staff members use as well as recommend to clients. Alysia shares her personal journey with budgeting and how it transformed her own financial situation. Budgeting is seen as a way to align spending with priorities, rather than restricting oneself.
Some people tend to avoid budgeting due to various reasons such as ignorance about their financial situation or fearing limitations on spending. Overall, budgeting can lead to less stress and more financial freedom. Reid and Alysia discuss the importance of both budgeting and prioritizing expenses. They highlight how unexpected expenses can set people back if they haven’t planned for them. They emphasize the need to make a plan for every dollar you earn and allocate it to specific categories in order to have financial freedom and avoid impulse spending. They both share personal experiences and provide tips on managing money effectively.
Some questions Alysia answers about budgeting:
- What is YNAB and how does it help with managing money?
- How did Alysia become involved and interested in budgeting?
- What are some common misconceptions about budgeting?
- How can budgeting help align financial priorities?
If you are looking for an hourly rate advisor to help you with budgeting check out our hourly financial consulting webpage which shares about how one of our Wealth Advisors helps clients outside of normal work hours from 5:00 pm – 6:00 pm on Tuesdays and Thursdays for $275.00 an hour. He can help with managing debt, budgeting, helping you choose your investments, assess your current assets, provide tax strategies and even guide you in retirement planning.
The Money PIG podcast is hosted by Reid Trego. Goodwin Investment Advisory is a Registered Investment Advisory firm regulated by the Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Goodwin Investment Advisory does not render or offer to render personalized investment or tax advice through the Money PIG podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.
The Money PIG Podcast brought to you by Goodwin Investment Advisory where our Mission is to lead people to Financial Peace, Independence and Generosity.
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