Posts tagged budget
When to Hire a Money Coach
When to Hire a Money Coach

If you’re a regular reader of this blog, you are likely familiar with the role of a financial advisor.  In this guest blog post, Melissa Tosetti of The Savvy Life explains the role of a money coach, types of money coaches, and signs that perhaps you should hire one.

Read More
FoundationDeb MeyerRedefining Family Wealthmoney coach, money, stress, Behavioral Finance, Financial Advisor, debt, reduce debt, overcoming financial challenge, New Technology, Emotions, envelope budget, how to save money, save, budget, conversation, spend, Money HabitsComment
How to Budget Wisely during a Recession
How to Budget Wisely during a Recession

There are only so many things within your control, and cash flow planning is one of them … regardless of whether we are officially in a recession or not. Budgeting wisely is crucial during your family wealth-building journey.

Read More
New + Noteworthy, TacticsDeb MeyerRedefining Family Wealthbudget, budgeting, cash flow, cash flow plan, cash flow changes, unemployed, hours reduced, business income, business expense, PPP loan, COVID-19, Coronavirus, fixed expenses, discretionary expenses, change of income, income reduction, pandemic, small business, estimated taxes, personal finance, business financesComment
How to Track Cash Flow with a Detailed Budget
How to Track Cash Flow with a Detailed Budget

Budgeting is a sign of freedom where you are in the driver’s seat on spending and saving decisions. It’s your guidepost to build wealth as a family. [. . .] If budgeting evokes angst and contempt for you, it’s time for a new approach. Go read this article about how to budget without dread and come back when you’ve finished it.

Read More
TacticsDeb MeyerWorthyNestbudget, budgeting, budget template, family budget, personal budget, cash flow, detailed budget, income, expense, fixed expenses, variable expenses, discretionary spending, monthly payments, tithe, annual expenses, 401k contributions, Roth IRA, surplus, extra cash, savings, spending, spending planComment
How to Use the Envelope Budget
How to Use the Envelope Budget

An envelope budget system is a great tool for new college grads, even high school students who are working part-time. Learning this simple tool is a great way for young people to get started on the right trajectory.

Read More
New + Noteworthy, TacticsDeb MeyerWorthyNestbudget, budgeting, family budget, debt, goals, savings, spending, spending plan, cash flow, financially responsible, pay off debt, save more, envelope budget, detailed budget, budget template, spend less, needs, wants, emergency fund, opportunity fund, credit card debt, student loan debt, online envelope budgetComment
Don't be a Budget Hater! Here's How to Budget Better.
Don't be a Budget Hater! Here's How to Budget Better.

In my own financial journey, I have learned that budgeting doesn't have to be intimidating, stressful, or boring. In fact, budgeting can help you reach your loftiest goals. My hope is to help you shift your perspective on budgeting by the end of this post. I promise you that it is totally possible to feel better about budgeting.

Read More
TacticsDeb MeyerWorthyNestbudget, dread, regret, spending, spending plan, financial plan, income, expenses, goals, values, cash flow, financial independence, financial planning, family budget, experiences, budget changes, fixed expenses, variable expenses, savings, down-payment, maternity leave, living on one income, wiggle room, financial stress, part-time income, business projections, personal budget, family wealthComment
For Richer or Poorer
For Richer or Poorer

We already dissected the vow “in sickness and in health.”  Let us turn to the financial aspect of marriage: for richer, for poorer. Money fights are the second-leading cause of divorce.  Let’s dive into why money is such a heated topic and how to communicate about money more effectively as a married couple.

Read More
New + Noteworthy, Tactics, FoundationDeb MeyerRedefining Family Wealthmarriage, commitment, rich, richer, poorer, money fights, Christianity, Christian living, Ramsey, divorce, arguments, conflict, stress, money personality, money temperament, spend, save, budget, debt, secret accounts, family, new child, solutions, honesty, conversation, therapy, marriage meetings, money meetings, empathy, money coach, finances, financial mistakes, redefining family wealth
My Three Biggest Financial Mistakes
My Three Biggest Financial Mistakes

Whatever your personal finance journey, there are going to be times in your life when you make a mistake. You chose one path and it doesn’t turn out the way you hoped. Learn from my biggest three financial missteps.

Read More
FoundationDeb MeyerWorthyNest LLCfinancial mistakes, financial success, budget, budgeting, emergency fund, opportunity fund, home ownership, down-payment, save for down-payment, investment mix, saving, financial planning, financial planner Comment
How Much is Enough?
How Much is Enough?

What is “enough” in financial terms? Is it a million dollars? $3 million? More?

Clients frequently ask me how much money they need to comfortably retire. Even as a CFP® with over fifteen years of experience, I can never give them a blanket response. There are a variety of quantitative and qualitative factors to consider.

Read More
New + Noteworthy, LegacyDeb MeyerRedefining Family Wealthenough, millionaire, retire, retirement, retirement plan, savings, financial milestone, financial success, frugality, credit card balance, budget, spender, saver, independence, financial independence, handouts, generosity, stewardship, wealth-building, wealthy, build wealth, giving, marriage, dual income, career change, financial tension, AFCPE, white privilege, wise financial decisionsComment