Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans Vanessa & Shana | Christian Financial Coaches | Dave Ramsey Fans

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Hey Budget Besties!



In today's episode, we're tackling the all-too-familiar struggle of living paycheck to paycheck. If you're tired of feeling like your money is already spent before you even get it, this episode is for you. We're breaking down our simple and effective paycheck planning system that will help you take control of your finances, ensuring that you know exactly what to do with your money each payday.

Key Takeaways:


The Problem: Living paycheck to paycheck is a common issue. Many of us earn enough money but still feel financially strapped because we're not managing our paychecks effectively.


Mindset Shift: It’s not that you’re bad with money; you just need a better system. Our method helps you see your finances clearly and plan intentionally rather than reacting to financial stress.


Monthly Budget: Start by creating a monthly budget. This gives you a bird’s-eye view of your finances, helping you allocate your income across all your expenses, debts, savings, and spending categories.


Simple Categories: Our budget system is straightforward, focusing on five key areas: income, debts, bills, spending, and savings. This simplicity makes it easy to follow and stick to.


Separate Accounts: Set up separate accounts for different spending categories like groceries, gas, and pocket money. This helps you manage your money more effectively and ensures you always have funds for what you need.


Automatic Transfers: Automate your finances by setting up automatic transfers on payday. This way, your money is allocated to the right places without you having to think about it.


Paycheck Planning: Divide your expenses evenly across your paychecks. This prevents the feast-or-famine cycle and ensures that all your needs are consistently met.


Get One Paycheck Ahead: Aim to have your last paycheck of the month cover the upcoming month's expenses. This creates a buffer and reduces financial stress.



Action Steps:


Create a Budget: Use our free budget template to get started.


Set Up Accounts: Open separate accounts for different spending categories to keep your finances organized.


Automate Transfers: Set up automatic transfers on payday to ensure your money goes where it needs to go.


Implement the Plan: Follow the paycheck plan to manage your expenses evenly and avoid financial stress.


Build a Buffer: Work towards having one paycheck ahead to further ease financial strain.






4 Ways To Connect With Us:

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. 

Click here to view our privacy policy.

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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Snag Our Signature Budget Template!

Hey Budget Besties! 🎉

In this episode, we dive into the nitty-gritty of managing finances, especially when life's curveballs come your way. From adjusting to income changes, teaching your kids the value of money, to getting on the same financial page with your spouse, we’ve got a packed session of tips and real-life advice for you. Let’s get into it!

Key Topics:


Stealing from Your Bills Account?


Ever find yourself dipping into your bills account for “funsies”? Learn why it’s crucial to keep that money sacred and how to discipline your spending habits.


Transitioning Income Levels:


Shana and Vanessa share their insights on managing finances when your income is changing. Whether you’re moving from a full-time job to freelance work or dealing with seasonal income, we’ve got strategies to help you stay on track.


Teaching Kids About Money:


How much should your kids be responsible for financially? Discover practical ways to balance lessons in financial independence with giving them a helping hand, and why it’s important not to let grandma’s gifts cover daily expenses.


Couples and Money Management:


Not on the same page with your partner about finances? We discuss the importance of teamwork in budgeting and how to ensure both partners are involved in financial decisions.



Real-Life Client Stories:


Grandma’s Generosity:


Hear about a family debating whether to use grandma’s money for daily expenses or save it for bigger future goals.


Teen Independence:


Learn from a family struggling to teach their son financial independence despite a busy sports schedule.


Overworked Firefighter Family:


A look into the life of a family relying on inconsistent income and how they manage extracurricular activities on a tight budget.


Army to Civilian Life:


How a military family prepares for a major income transition and prioritizes debt repayment.



Practical Tips:


Leave Your Bills Account Alone:


Discover why carrying your bills account debit card can be a financial trap and our quirky tips to avoid unnecessary spending.


Communicate with Your Partner:


Tips on how to have productive financial discussions and make budgeting a team effort.


Planning for Inconsistent Income:


Learn how to budget based on minimum income and handle bonuses or tax returns effectively.







4 Ways To Connect With Us:

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. 

Click here to view our privacy policy.

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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Snag Our Signature Budget Template!


Hey Budget Besties! 🎉 Listen into a live group coaching call where we dive deep into the game-changing strategy of using separate bank accounts for effective budgeting and more. 💡 Say goodbye to the headache of tracking every dollar and hello to the ease of automated planning!

We discuss:



1. Separate Bank Accounts


Gas and Groceries: Consider a dedicated account for these to streamline your spending without the need to track every purchase.


Bills Account: Use a separate account for bills to ensure they’re always covered, avoiding accidental overspending.


Fun Money: Keep a distinct account for discretionary spending to give yourself permission to enjoy your money guilt-free.



2. Paycheck Planning


Allocate specific amounts for different categories from each paycheck.


Example: $300 for groceries per pay period.


Adjust based on your spending patterns (e.g., weekly grocery trips).



3. Creative Budget Stretching


Shop Your House: Utilize pantry and freezer items before buying more groceries.


Weekend Supplementing: Plan smaller, supplementary shopping trips if you do a big shop at the beginning of the month.



4. Recommended Banks


Ally Bank: High interest on savings, multiple accounts.


Navy Federal: Unlimited checking and savings accounts.


USAA, Capital One, Discover: Good options with some caveats on debit cards.



5. Automation and Visualization


Automate Transfers: Set up automatic transfers from your bills account to other accounts to simplify budgeting.


Multiple Savings Goals: Use separate savings accounts for different goals (emergency fund, vacation, etc.).





We also share personal stories, like how Shana managed her budget while her husband was deployed, and Vanessa’s tips for making Taco Tuesday a no-dishes delight. 🌮✨

Tune in to learn how you can set up your budget for success, avoid unnecessary fees, and make your money work for you!






4 Ways To Connect With Us:

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. 

Click here to view our privacy policy.

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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Send in a voice message: https://podcasters.spotify.com/pod/show/budgetbesties/message

Snag Our Signature Budget Template!


Do you find yourself juggling multiple debts and wondering which one to tackle first? 🤔 You're not alone, budget besties! We are break down the three most popular methods for getting out of debt and help you decide which one fits your unique situation.



In This Episode:


Debt Snowball Method:


What It Is: Focus on paying off the smallest balances first.


Why It Works: Quick wins keep you motivated. 🎉


Example: Pay off a $500 credit card before a $1,000 one, regardless of interest rates.


Debt Avalanche Method:


What It Is: Pay off debts with the highest interest rates first.


Why It Works: Saves the most on interest in the long run. 💰


Example: Target a credit card with a 25% interest rate over one with a 15% rate.


Minimum Payments Method:


What It Is: Pay off debts with the highest minimum payments first.


Why It Works: Frees up more cash in your budget sooner. 💵


Example: Eliminate a $500/month payment debt before a $100/month one.


Real-Life Applications:


Situational examples of how to decide which method to use.


Combining strategies for maximum impact based on your unique financial situation. 🌟





Actionable Steps:


List Your Debts: Order from smallest to largest balance, and include interest rates and minimum payments.


Evaluate: Consider if you need quick wins (Snowball), long-term savings (Avalanche), or cash flow (Minimum Payments).


Personalize: Choose or combine methods based on your unique situation. Don't forget to adjust if you get a lump sum or if your circumstances change!





No one-size-fits-all solution here! We dive into how to list your debts, evaluate your options, and choose the best method for your financial goals. Whether you’re aiming for quick wins, saving on interest, or freeing up cash flow, we’ve got the strategy for you. Tune in to empower your financial journey and take control of your debt! 🌟


4 Ways To Connect With Us:

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. 

Click here to view our privacy policy.

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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Send in a voice message: https://podcasters.spotify.com/pod/show/budgetbesties/message

Snag Our Signature Budget Template!


Hey, Budget Besties! 🎙️

In today’s episode, we had a wonderful chat with Cassandra, who’s managing her family’s finances on a single income. Her main goal is building up her savings while juggling all the expenses that come with raising kids, especially as they grow older. 🎧✨

Key Topics Discussed:


Paycheck Planning: Cassandra and her husband are working on getting a month ahead with their budget, a crucial step for avoiding that paycheck-to-paycheck stress. We discussed how to utilize those two to three paycheck months to create a buffer and plan ahead for upcoming expenses.


Savings Buckets: Cassandra is building up her emergency fund but also wants to save for her daughter’s future wedding. We discussed the importance of prioritizing an emergency fund before setting up other savings goals, especially when unexpected expenses can pop up.


Account Structure: We dove into the importance of separating funds into different accounts for clarity:


Bills Account: Dedicated to recurring monthly expenses.


Spending Account: Covers daily expenses like gas and groceries.


Sinking Funds: Specific savings accounts for non-monthly expenses like holidays, gifts, or larger one-time purchases.


Streamlining Accounts: Cassandra is already on the right track by using a high-yield savings account for her emergency fund. She’s also exploring the idea of setting up a checking account for bills to keep everything organized and transparent.


Handling Irregular Expenses: We chatted about how to handle those surprise expenses—like school fees or extracurricular activities—that don't fit neatly into the monthly budget. Tracking these can make planning for them in the future much easier.


Building a Buffer: We discussed the idea of creating a buffer in the bills account to cover unexpected expenses and avoid the stress of timing issues with bill payments.


Labeling Savings: Cassandra is renaming her savings accounts to reflect their purposes more clearly, like “Wedding Fund” and “Trip Fund,” to create a stronger emotional attachment and make it easier to resist dipping into them for other needs.


Optimizing Transfers: We addressed the challenge of limited transfers from certain savings accounts and how to work around it by using checking accounts for frequent transactions or consulting with banks for better terms.



Top Tips:


Track All Expenses: Keep a list of all irregular expenses to avoid surprises.


Prioritize Emergency Funds: Before diving into other savings goals, make sure you have a solid emergency fund.


Separate Accounts: Use different accounts for bills, spending, and savings to stay organized and clear.


Communicate with Family: Involve the family in financial decisions and explain the importance of saving for future goals.


Avoid Impulse Savings Withdrawals: By naming your savings accounts, it becomes harder to justify taking money out for non-essential expenses




4 Ways To Connect With Us:

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 




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Curling Iron Link: https://amzn.to/3VuuZHy

Hey Budget Besties! 🎉

In today's episode, We are sharing the details of the magic of automating your finances. Imagine a world where your bank account acts like your personal assistant—taking care of all the budgeting and bill paying while you sit back and relax. No more worrying about missing payments or overspending. Sounds dreamy, right? Let’s make it a reality!

Key Takeaways:


The Power of Automation:


Set up your bank accounts to handle everything for you.


Automate bill payments and transfers so you can focus on what truly matters.


A Fun Throwback:


We share hilarious stories about our early curling iron disasters and how the right tools make all the difference. Spoiler: The same goes for your finances!


Step-by-Step Guide to Automation:


Create a Budget: Understand your income, debts, recurring bills, spending, and savings.


Set Up Bill Accounts: Make sure all your income flows into an account dedicated to bills and debt payments.


Digital Envelopes: Open separate accounts for different spending categories and savings goals.


Paycheck Plan: Automate transfers based on your pay schedule to ensure every category is funded without you lifting a finger.


Hands-Off Supervision:


Once set up, simply monitor your accounts to ensure everything runs smoothly. Your finances will almost manage themselves!


Real-Life Impact:


We share client stories and personal experiences, illustrating how automation can simplify your financial life and keep you on track.



Practical Tips:


Renaming Accounts: Label your accounts with specific goals (e.g., "Vacation Fund," "Grocery Money") to add an emotional barrier against unnecessary spending.


Set Up Recurring Transfers: Use your bank's features to automate transfers on a schedule that aligns with your paydays.


Monitor and Adjust: Regularly check your accounts to ensure everything is running as planned and make adjustments as needed.



Action Steps:


Create Your Budget: Break it down into income, debts, bills, spending, and savings.


Organize Your Accounts: Set up dedicated accounts for each category.


Automate Transfers: Schedule recurring transfers to keep everything funded and on track.


Review and Refine: Keep an eye on your accounts and make adjustments to improve the system.



Inspirational Quote:

"A budget is telling your money where to go instead of wondering where it went." - John Maxwell



4 Ways To Connect With Us:

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. 

Click here to view our privacy policy.

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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Send in a voice message: https://podcasters.spotify.com/pod/show/budgetbesties/message