From understanding the benefits of having dedicated accounts for bills, spending, and savings, to the challenges and strategies for maintaining numerous accounts, this episode offers practical advice for anyone looking to streamline their financial management.

Tune in to learn how to optimize your bank accounts for a stress-free budgeting experience.

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.

“So, at a minimum, what I like to see when I work with my one-on-one clients is one account for paying bills, one account for spending, and one account for saving. Now, ideally, eventually, you're probably going to need more than that for different savings accounts or to split up the spending a little bit, depending on how well you're sticking to the plan. But to start, I like three bank accounts.”
- Ashley Patrick

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:

• Grab your FREE Budget Starter Kit at www.budgetsmadeeasy.com/start

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Fortunately, there are a few things you can do to help you get through this and get your finances back on track.

Listen in as Ashley shares some tips with Sy on how to get her finances back on track after taking a break from work, such as tracking her spending, using cash envelopes, and creating a priority list in her budget.

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.

“So just figure out what works for you by trying different things and know it's gonna take practice and it's gonna take time. So don't be afraid to start cuz you feel like you're not sure what to do or which thing to do. Cuz we overthink everything. We overthink all of it and truly it doesn't matter as long as you're taking action and trying something that is progress and you will get there. But if you stay stuck and don't do anything, you won't. Right? You have to like just start doing and just start trying to figure it out.”
- Ashley Patrick

Timestamps:
01:17 - What today's episode is about
02:29 - How to join the Money Plan Bootcamp
03:36 - Meet Sy
11:27 - Sy's financial struggle
12:11 - Tracking your spending
15:08 - Using cash envelopes
19:02 - Sy's 24 hour goal
21:29 - Creating a priority list
23:47 - How to utilize multiple bank accounts
27:09 - How to sign up for your own Budget Strategy Session episode

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

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy

Listen to today's episode as I discuss some action steps Heather can take with her family so she can quit her job and stay at home with the kids, such as using cash instead of credit cards, preparing freezer meals, setting time frames, and creating visual trackers to get everyone on board with her 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.

“I really encourage people to start working on their behavior before they do something like that so that you've already kind of laid that groundwork. Because what almost always happens is people refinance, they get comfortable and then they rack up the debt again.”
- Ashley Patrick

Timestamps
00:00 - Overview of today's episode
01:32 - How to have your own Budget Strategy Session
02:39 - Get to know Heather
06:23 - Discussing your financial goals together as a family
08:01 - Using cash instead of credit cards
12:30 - About refinancing and changing your behavior
13:16 - Setting time frame and visuals for your goals
15:05 - Preparing freezer meals
16:24 - Creating a visual tracker
17:35 - Getting everybody on board to work together towards your goal
22:04 - Heather's 24 hour goal
39:38 - Giving yourself some grace
41:15 - Last words of wisdom

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

Connect with Ashley:

• Instagram: www.instagram.com/budgetsmadeeasy