In today's episode, we're tackling crucial questions, from managing 0% interest debt to making the switch from credit cards to cash. Join us for quick insights into staying motivated with your budget and navigating challenges when you feel "house poor."

Ready to dive in? Hit play and let's explore these essential money mindset topics together. Don't forget to leave your messages for our 200th celebration!

Hosting Today:

Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier.

I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems.

Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others.

“Keep in mind that a budget is just a plan for your money. And so the motivation to stick with it is the bigger piece, right? And it takes a lot more time. You're gonna have ups and downs in life, ebbs and flows, different seasons. That's normal. And I think when you release this expectation that you're gonna always be motivated or you're just always gonna get it right and lower your expectations, be a little bit more realistic with your expectations, you're gonna be able to just keep going even when you aren't motivated.”
- Ashley Patrick

Timestamps:
00:00 - Introduction and 200th episode celebration message
03:03 - Question 1: Prioritizing 0% interest debt
06:33 - Question 2: Transitioning from credit cards to cash
10:04 - Question 3: Finding motivation in your budgeting journey
13:48 - Question 4: Dealing with being "house poor"
17:49 - Question 5: To pay off debt or keep investing?
21:04 - Wrapping up and 200th episode celebration reminder

If you need help paying off your debt, go to www.budgetsmadeeasy.com/debt for your Paying Off Debt Starter Kit. This will help you really get going on your journey to longer-term investing strategies.

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.

Resources and Links Mentioned:

• Please send your voice messages here: www.speakpipe.com/budgetsmadeeasy
• Paying Off Debt Starter Kit: www.budgetsmadeeasy.com/debt

Connect with Ashley:
Instagram: www.instagram.com/budgetsmadeeasy

We'll be discussing why parents should prioritize their financial well-being before helping their children. The debate between saving for retirement and college expenses is a hot topic, and Andy shares valuable insights and strategies for maintaining your financial stability while preparing your kids for the real world.

Don't miss this enlightening conversation!

Meet Andy!
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.

Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.

When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.

“We need to start making some decisions that are for our personal betterment because our kids have a resource that a lot of us don't have, is they have got a lot more time. They've got a lot more time on their side to build wealth, to take care of their future, to do the things they need to do to create the life that they have. So whether that's investing or earning their own money or choosing career paths that work best for them, they've got time on their side. We're a little older. We don't have as much time, maybe not as much energy either to make all these things happen. So we're gonna have to make some decisions that are really best for our personal future.”
- Andy Hill

Timestamps:
00:00 - Introduction to the episode
02:36 - Meet our special guest, Andy Hill from Marriage Kids and Money
04:01 - The importance of teaching kids to become independent
06:44 - Establishing boundaries with older children
09:32 - Teaching kids family and financial responsibilities
14:55 - Deciding between saving for college and retirement
19:18 - Last words of wisdom
23:12 - Resources for teaching children about money and financial planning
24:44 - Andy's book recommendation
26:30 - Connect with Andy

For easy step by step directions and worksheets on getting your budget together and done in 30 minutes a month, download my FREE Budget Starter Kit on www.budgetsmadeeasy.com/start

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

Resources and Links Mentioned:

• A free section of my new course Make My Kid a Millionaire!: www.marriagekidsandmoney.com/AshelyP
• Budget Starter Kit: www.budgetsmadeeasy.com/start

Book Recommendation:

• Die With Zero by Bill Perkins

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Connect with Andy:

• Website: www.marriagekidsandmoney.com
• Instagram: www.instagram.com/MarriageKidsandMoney
• Facebook: www.facebook.com/MarriageKidsandMoney
• Twitter: www.twitter.com/AndyHillMKM
• LinkedIn: www.linkedin.com/AndyHillMKM

Special Guest: Andy Hill.

Join us in this episode of the Money Mindset Podcast as we delve into the fascinating world of mobile home investing with a true expert, Rachel, author of "Adventures In Mobile Homes: How I Got Started In Mobile Home Investing and How You Can Too!". Discover why mobile home investing is a hidden gem in the real estate world, offering unique opportunities for generating passive income and building your wealth. Rachel's journey from single-family homes to mobile home investing offers valuable insights into the benefits, challenges, and strategies of this niche.

Whether you're a seasoned investor or just starting out, this episode will inspire you to consider a whole new dimension of real estate.

Meet Rachel!
Rachel Hernandez is an author and real estate investor. As a former business-to-business sales executive for various Fortune 500 corporations, Rachel has extensive training in the area of sales and marketing. With over a decade of experience, she spent several years as a landlord before taking the leap to specializing in mobile home investing. Rachel Hernandez is the author of Adventures in Mobile Homes: How I Got Started in Mobile Home Investing and How You Can Too! and the Real Estate Investing Sucks series of books. Her advice has been featured in The Motley Fool, Forbes, GoBankingRates and several other real estate investing publications and podcasts. She is the #1 Writer for Mobile Homes on Quora. Find her at: www.adventuresinmobilehomes.com.

“So the key is to just adjust. Just adjust, get started, learn as much as you can, take action. You know, make the mistakes that you do, learn from those mistakes and adjust and just keep moving forward.”
- Rachel Hernandez

Timestamps:
00:00 - Introduction to Rachel and her background
01:46 - Exploring the world of mobile home investing
03:08 - Meet Rachel
08:17 - Advantages of avoiding loans in real estate investing
14:52 - Understanding the true value of mobile home investments
16:18 - Debunking the myth of passive income
18:42 - Comparing mobile and single-family homes
22:36 - Tips for getting started in mobile home investing
24:50 - Balancing passive and active income streams in real estate
28:22 - Key advice for starting your real estate journey
29:50 - Book recommendation and valuable resources
31:48 - Final thoughts

For easy step by step directions and worksheets on getting your budget together and done in 30 minutes a month, download my FREE Budget Starter Kit on www.budgetsmadeeasy.com/start

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

Book Recommendation:

• Adventures In Mobile Homes: How I Got Started In Mobile Home Investing and How You Can Too! by Rachel Hernandez
  

Resources and Links Mentioned:

• Free Mobile Home Investing Course: http://www.adventuresinmobilehomes.com/freetrainingclass
• Budget Starter Kit: www.budgetsmadeeasy.com/start

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Connect with Jen:

• Website: http://www.adventuresinmobilehomes.com
• Twitter: http://www.twitter.com/mobilehomegurl
• Instagram: http://www.instagram.com/mobilehomegurl

Special Guest: Rachel Hernandez.

In this episode of the Money Mindset podcast, Ashley shares the best personal financial advice she's ever received and explains how it has helped her and her family set up a plan for long-term wealth building. She will also provide actionable tips for managing your finances, including advice on saving, developing habits and routines, and more.

Hosting Today:
Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier.

I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems.

Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others.

“And that's the biggest thing when you set up these habits and these routines early on, even when life comes and you make some mistakes along the way, you can soften the blow and really just keep going and you still have that momentum when you have that cushion. And it's just easier to start the longer you are. But of course if you're older and you're listening, it's okay. Like you can start now.”
- Ashley Patrick

Timestamps:
00:00 - Introduction to today's episode
01:13 - The importance of paying yourself first
03:38 - The benefits of automating your savings
04:58 - Saving money with each paycheck
05:54 - Establishing good habits and routines for saving
07:11 - Actionable steps to improve your financial situation

If you'd like to work through your own struggle with your budget 1:1 with me, sign up for a Budget Strategy Session on The Money Mindset Podcast! Sign up at www.budgetsmadeeasy.com/strategy

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

Resources and Links:

• Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

It's common to feel like you've missed the opportunity to achieve financial success as you get older, but the truth is that it's never too late to start taking control of your finances.

In this episode, Ashley challenges these beliefs and shares some practical ways to shift your mindset so you can start taking action towards your goals.

Hosting Today:
Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier.

I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems.

Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others.

“In my opinion, of course this is just my opinion, it is more important to focus on getting your bills lowered as you move into retirement. Because more than likely your income will be lower if you haven't been able to save up to that point. And if you have been able to save, awesome, then you can focus on paying off debt more than saving more because you've already got enough saved.”
- Ashley Patrick

Timestamps:
00:00 - Introduction to the episode
00:52 - The Implementation Day Workshop
02:08 - The mindset of feeling too old to pay off debt, save for retirement, and do the things that one wants to do
04:11 - Adjusting your priorities as you get older
08:29 - Last words of wisdom
10:36 - How to join the Implementation Day Workshop

Are you tired of procrastinating on your finances and neglecting your debt? Do you often find yourself making excuses for why you can't pay off your debts yet? If so, it's time to put an end to it and take action with our Debt Pay Off Plan Workshop - Implementation Day!

If you're struggling to get started with a debt pay off plan or constantly making excuses for why you can't do it right now, this workshop is perfect for you. Head over to https://leads.budgetsmadeeasy.com/implementation-day-debt-plan-april-2023/ and register today!

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

Resources and Links Mentioned:

• Debt Pay Off Plan Workshop - Implementation Day: https://leads.budgetsmadeeasy.com/implementation-day-debt-plan-april-2023/

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Today I'm sharing the worst advice we followed that led to our biggest money mistake.....one that will cost us almost $1 MILLION.....yes million....dollars in our lifetimes.

But as with all mistakes and setbacks, there is a silver lining!

Hosting Today:
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.

“But you know, we all make mistakes and we learn from each other. So I would love to hear your biggest mistake and maybe you know, what you've learned from that mistake because that's where we really grow and that's where we make the biggest progress in our learning and our journey because we're like, hmm, never wanna do that again. Right? We learn more from our failures and our mess-ups than we do from our successes. And that's just how our brains work.”
- Ashley Patrick

Timestamps:
00:11 - The Money Success Club
00:57 - The topic of today's episode
02:52 - What made us take out a loan
05:33 - 401(k) loan
10:59 - The start of our debt free journey
12:40 - Tell us about your biggest financial mistake
14:22 - How to sign up for your own Budget Strategy Session episode

Do you need time, space, and accountability to take action on the things you KNOW you should be doing, such as budgeting so you can actually pay off debt, save money, make a meal plan, and all the other things that keep falling off your to-do list? Would you thrive in a supportive community of other busy moms who understand what you're going through and are working to achieve similar financial goals?

If that’s a YES, I invite you to sign up for the Money Success Club at www.budgetsmadeeasy.com/msc

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

Resources and Links Mentioned:

• Money Success Club: www.budgetsmadeeasy.com/msc
• Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

In Kimberly's new book, Building Wealth on a Dime, she helps you understand how to manage your debt and money better so you can invest even on a tight budget.

She was a special guest here on The Money Mindset Podcast way back when I started in October 2019 on Episode #8 where she shared how she paid off over $40,000 in student loans in 3 years.

Now she gives us an update on her journey and how she is changing personal finance education for women like you!

Meet Kimberly!
Kimberly Hamilton is the author of Building Wealth on a Dime and the Founder of Beworth Finance where she helps women and millennials make smart money moves via online courses and workshops. As a Certified Financial Education Instructor, Kimberly has been featured in major publications such as Forbes, Business Insider, Health magazine, and The Everygirl, among others. She has conducted workshops for partners such as Capital One Cafe and Ladies Get Paid, and is also the Senior Manager of Financial Education at major fintech company, Rocket Money -- but today, we're really excited to talk about her book, which we'll dive into in just a second.

“One is start small, dream big. So when you're talking about investing, I think a lot of people get intimidated and think that they need to have a lot of money, you know, or it's only for people that already have money or come from money, what have you. But, the truth is technology is more on our side now than it ever has been before. And so investing's really a lot more accessible if you're willing to learn the ways to go about it. You can have an app on your phone and you can start investing with as little as $5. So don't think that it has to be, oh, I need a thousand dollars or $10,000 to get started. You can really get started with a lot less.”
- Kimberly Hamilton

Timestamps
01:19 - Introduction for today's episode
02:46 - Meet Kimberly
04:52 - About Kimberly's book called "Building Wealth on a Dime"
06:28 - Sneak peek at one of the stories in the book
10:36 - Tips on how to build wealth on a dime
16:00 - Last words of wisdom
17:30 - Where to get Kimberly's book
19:08 - How to have your own Budget Strategy Session episode

If you'd like to work through your own struggle with your budget 1:1 with me, sign up for a FREE Budget Strategy Session on The Money Mindset Podcast! Sign up at www.budgetsmadeeasy.com/strategy

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

Resources and Links Mentioned:

• Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy
• Pre-order before Dec 22 and get free access to Kimberly's Investing 101 workshop where you'll learn what to consider when selecting investments, how to set up a brokerage and more! Simply send your proof of receipt to hello@beworthfinance.com and she'll get you that interview link!
• indiebound.org

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Connect with Kimberly:

• Instagram: https://www.instagram.com/beworthfinance
• Facebook: https://www.facebook.com/beworthfinance
• Twitter: https://www.twitter.com/beworthfinance
• Website: https://www.beworthfinance.com/building-wealth-on-a-dime

Special Guest: Kimberly Hamilton.

Stage 6 means financial freedom. This is your bigger vision for your life, what you want to do that you can't do because of debt. This is where you get to start building the life that you really truly want.

In this episode, we'll cover automating your savings, retirement, and investment accounts as well as figuring out an estate plan. Additionally, we'll discuss building a five-year plan for your new goals now that you’re debt-free!

Hosting Today:
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.

“Just have a goal, have a vision, because I want you to stay focused on that. It's so incredibly important to have a plan for your life and have a plan for your finances so that you can stay on track because it's so easy to get distracted”
- Ashley Patrick

Timestamps
00:57 - The last stage of the Money Success Roadmap
02:52 - You are debt free. Now what?
03:36 - Creating a plan for your new goals
07:55 - Stage 6 milestones
10:07 - Creating a new SMART goal for the next five years
14:55 - How to join the Money Plan Bootcamp

Starting and sticking to a money plan doesn't need to be overwhelming! Join my Money Plan Bootcamp where I'll teach you the 5 key steps for creating a money plan you can actually stick to...for FREE!⁣⁣ Go to www.budgetsmadeeasy.com/bootcamp and register today!

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

Resources and Links Mentioned:

• The Money Plan Bootcamp: www.budgetsmadeeasy.com/bootcamp

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

The key is to get educated so you can make informed decisions. Listen in as John shares why it’s important to buy over renting, when you should move from your home, dealing with renters, the right insurance and what options you have with zero or low credit.

A little bit about John…

John Papaloni was born and raised in Etobicoke, often referred to as Toronto’s West End. From an early age John developed a passion for buying and selling and this has led him on the journey as a successful business entrepreneur and now highly focused Real Estate Agent working in the Greater Toronto Area.

John Papaloni has a commitment to his clients that is unmatched and a passion to deliver Top Value through mastering all the latest technologies and engaging in the most effective marketing campaigns! John is well on track to achieving various awards in the real estate industry that will set him apart from the rest.

“Don't wait to buy real estate. Buy real estate and wait.” - John Papaloni

Timestamps
03:23 - John’s Story
06:55 - Don't wait to buy real estate. Buy real estate and wait.
08:21 - Buying over renting
09:31 - When it makes sense to move
11:19 - Dealing with renters
18:05 - Insurance for covering damages
22:02 - Insurance when renting out your own home
32:39 - Last words of wisdom

If you need help paying off your debt, go to budgetsmadeeasy.com/debt for your Paying Off Debt Starter Kit. This will help you really get going on your journey to longer-term investing strategies.

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.

Resources and Links Mentioned:

• Paying Off Debt Starter Kit: www.budgetsmadeeasy.com/debt

Book Recommendation:

• Compound Effect by Darren Hardy: (affiliate link) https://amzn.to/3OjdfZ0

Connect with Ashley:

• G: www.instagram.com/budgetsmadeeasy

Connect with John:

• IG: www.instagram.com/johnpapaloni
• Facebook: www.facebook.com/papaloniteam
• Website: www.papaloniteam.com

Special Guest: John Papaloni.

Walli was able to pay off her debt and focus on investing even while enjoying her life and traveling. She shares her tips for getting over mindlessly spending so she can focus on what is really important to her.

“Money is a tool. If we can think about money as a tool to design the life we want, you make the decision of what you want your life to look like. I invest and save a lot of money, but it doesn't override what I want my life to look like today, just to save for the future. Being able to find that balance of what I want today without forfeiting what I know I'm going to need in the future.” - Wallie Miller

Who's Walli Miller?

Walli is a financial coach and a self-proclaimed money nerd. She loves spreadsheets and has been known to watch PBS specials about retirement for fun! It’s exactly this passion for all things money, including spending it, that put her on the path to her true calling - helping high-achieving, young professionals become work-optional by taking control of their finances without sacrificing their lattes and brunches.

Walli didn’t start out as an expert, she is a first generation college graduate and daughter of an immigrant. She didn’t always understand money or building wealth. She didn’t grow up looking at stock charts with her dad or balancing the checkbook with her mom. They didn’t talk about money much in her family. It took a Forbes article to make her reevaluate what she was spending money on and the true cost of her purchases. After that, Walli began listening to podcasts, reading personal finance books and ingesting every bit of financial information she could find. And now she will be work-optional by age 40 and is committed to putting as many people as possible on that same path to financial freedom through balanced spending, saving and wealth building without deprivation.

Timestamps
02:45 - Walli's Story
07:33 - How Walli went from inspire to taking action
08:32 - What’s a no spend challenge? How can it help you?
10:57 - Why you should review where your money goes
12:21 - Willi’s FIRE journey while paying off debt and investing
16:46 - Walli’s current plan for early retirement
18:48 - The biggest misconception about the FIRE movement
22:40 - Tips on how you can get started with investing on your FIRE journey
24:35 - Can you invest while paying off debt?
27:08 - Last words of wisdom

For easy step by step directions and worksheets on getting your budget together and done in 30 minutes a month, download my FREE Budget Starter Kit on budgetsmadeeasy.com/start

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.

Resources and Links Mentioned:
FREE Budget Starter Kit - http://www.budgetsmadeeasy.com/start
Book Recommendation: A Simple Path to Wealth by JL Collins (aff link) https://amzn.to/3DAVjFn
Walli's Investing Bootcamp sign up here: https://financiallythriving.com/

Connect with Ashley:
Instagram - www.instagram.com/budgetsmadeeasy

Connect with Walli:
Website: www.financiallythriving.com
Instagram: www.instagram.com/financially_thriving

Special Guest: Walli Miller.

Jeremy from Personal Finance Club and I will be hosting a free live training for you on Wednesday March 30th at 8pm ET go to https://www.personalfinanceclub.com/budgetsmadeeasy/ to sign up!

In this training You will learn….
🌟Why saving is not enough
🌟Which stocks to buy
🌟The easy & effective way to invest
🌟What buttons to click to get started

Plus if you are listening to this after the live training, he’s even giving my listeners $20 off his course but only until Sunday April 3rd at midnight with code BUDGETSMADEEASY go to budgetsmadeeasy.com/invest and enter the code budgetsmadeeasy

This is the most affordable investing course you can find. I know people that have investing courses that are THOUSANDS of dollars! His is $79 normal price and $59 with my code budgetsmadeeasy

Plus he gives 20% of the revenue, not profit to charity. I even get to pick which one after the sale!
Be sure to go follow him on Instagram @personalfincanceclub to learn more about simple investing.