Has there ever been a time in your life when you know you really screwed up with your budget because you always buy things to treat yourself, causing you to overspend?
Listen in as I share tips on how to create a basic monthly budget to manage your finances, how to remind yourself of your goals by using visuals, how to build habits and routines, and how to shift your mindset into something positive so you can save for your big goals.
I'm Ashley Patrick, ex detective turned debt-free CEO of my very own business and stay at home mom of three. Not too long ago, my dreams of staying at home with my kids seemed impossible. I thought I'd have to stay miserable in a high stress demanding job, just so I could retire someday.
After gaining the confidence in my own ability to manage my family's finances and a simple step-by-step plan to make it happen, I was able to pay off $45,000 in just 17 months, which then allowed me to finally quit my job, stay at home with my kids, and build a debt-free business.
Now, my mission is to help moms like you conquer debt and free themselves from the mental load of handling their family's finances.
“Now you've talked about this, treat yourself mentality. What if we switch that from treating myself by spending money I don't have, that's gonna make me feel like crap later, to calling your budget your treat yourself plan and focusing on treating yourself in such a way that it betters your future? So it's kind of switching that mindset. I mean, cause you know, you're going to keep that treat yourself cause I want you to treat yourself. I want you to enjoy your money. It's just a matter of prioritizing how you treat yourself.”
01:42 - Introduction for today's episode
02:36 - Meet Brittany
04:24 - Brittany's biggest struggle with budgeting
11:35 - How to create a basic monthly budget
15:20 - What's keeping Brittany from doing her budget?
19:50 - About switching your mindset
22:40 - Reminding yourself of your goals by putting up visuals
24:26 - Brittany's 24 hour goal
29:06 - Changing your mindset
31:59 - How to build habits and routines
36:47 - Tracking you budget
If you would like to sit down with me and discuss what you are struggling with and some steps that you can take to make progress and get over that big struggle, I invite you to sign up for your own Budget Strategy Session episode at budgetsmadeeasy.com/strategy and have a mini coaching session with me.
And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes
- Atomic Habits by James Clear
- We Should All Be Millionaires by Rachel Rodgers (affiliate link) https://amzn.to/3mLb5WD
Resources and Links Mentioned:
- Check out https://www.themoneymindsetpodcast.com/66 for more information on paying yourself as a business owner.
- Pay Yourself Calculator - https://ownyourmoney.isrefer.com/go/calculator/budgetsmadeeasy/ Ready to pay yourself better? Here's what you want your revenue to be!
- Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy
Connect with Ashley:
- Instagram: www.instagram.com/budgetsmadeeasy