Budgeting in Real Life
44mBeginner2020-11-12
Authors
Natalie Taylor
Certified Financial Planner™ Professional, Behavioral Financial Advisor™
Madecraft
Full-Service Learning Content Company
Course details
Most budgets fail. But it’s not because the people who made them failed—it’s because they were set up to fail. Budgets are useless if they don’t work in real life. In this course, learn how to create a budget that meets you where you are. Financial planner and fintech consultant Natalie Taylor explains how to overcome the most common budgeting pitfalls, budget based on your values, and set achievable goals. She also shares tips on balancing spending and saving, discusses how to plan for unexpected costs, and demystifies the question of “How can I budget and still enjoy life?” If you want to transform your budgets from stressful to successful, take this course to build a budget that works for you.
Skills covered
Personal FinanceAccounting SkillsFinance and AccountingLimited SeriesProfessional Development
Concepts
Introduction
- How to create a budget
Get Clarity on Why You Budget
- Use your core values
- Set excellent goals
- Pick your system and set up your budget
The Urge to Splurge
- Balance spending and saving to excel
- How to make fun part of your budget
When No Month Is Normal
- How non-monthly expenses throw off your budget
- Using non-monthly savings to monthletize expenses
But I Can't Change
- Money beliefs and their power
- Changing your money beliefs
Control Your Environment
- What your environment looks like
- How to control your environment
There Isn't Enough to Go Around
- Find the problem
- Move your boulders and pebbles
- What if income is the problem
My Income Is Inconsistent
- Common pitfalls for those with inconsistent income
- Cover your monthly minimum
- Make progress on goals by percentage
Conclusion
- A good budget is set for success