Easy Ways for Busy Families to Manage Their Money
Looking for easy ways to manage your budget? Learn the best tips that have helped busy families stay on top of their money!
Easy Ways to Manage Your Family Budget
I’ve been in the personal finance space for almost 10 years.
Besides running Couple Money and now Simplify and Enjoy I've written for other sites many times talking about family and finances.
And when people read the articles, listen to the podcast, or maybe a friend finds out what I do, many assume that my husband and I talk about money.
But that's not the case for us.
Money is a tool that we use to reach our goals – whether it's deciding where to live, being able to work from home, having more time with the kids, and even saving up enough to become financially free or even independent.
All of these things require that we stay on top of our finances.
Whether it’s deciding where to live, being able to work from home, having more time with the kids, and saving up enough to become financially free or even independent – all of these require being wise with the money coming in.
The big question we're personally tackling is – how can we work. towards becoming financially independent while raising our kids?
So if you’re parents looking to give your family more options to design a life that reflects what you love, Simplify and Enjoy is for you.
If you a young family looking to get on this path of financial freedom or independence one of the biggest challenges that you probably have is finding a way to stay on top of your money while taking care of all the important things.
Today we're going to talk about:
- different ways to manage your money
- time-saving apps to make it easier to stay on top of your finances.
- an automated system to make savings much easier.
Hope you enjoy!
Handy Tools to Stay on Top of Your Money
If you’re looking to get ahead with your finances as a family, here are key resources to check out!
- Best Budget and Money Apps: Personal Capital, Tiller, Mint, Zeta
- Grow Your Stash Faster: High Yield Savings with CiT Bank
- Manage Your 401(k) Easily: blooom
- Automatic Saving: Qapital
- Jumpstart Your Marriage and Your Money
- Make Your Savings Automatic – Great Tips from Coastal!
If you’d like to chat more your money system, please join us in our private and free Facebook group – Thriving Families.
We’re families looking to support and help one another out.
Hope to see you there!
Thank You to Our Sponsor Coastal!
Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today.
They have competitive rates on checking and savings accounts!
What's Your Money System?
We're grateful that so far we've managed to pay off debts like the car loan and student loans which gives us more options to save and invest our money.
We've been able to explore options like working from home because we have this buffer.
A big part of the ‘how' is pursuing minimalism and financial independence.
As we've taken this journey as parents and as a couple we've also had to make some choices that may differ from what's typically shown in the media.
Yes, we're above average savers (wasn't always the case – another story for another time) but we've also pulled back at times because we want to enjoy the now with our little ones.
While financial independence is a goal we're trying to reach it is not the main goal.
Really this is about time.
Time for us to enjoy with our little ones while there's still little and then of course in the future.
So if we need to do a career change or we want to volunteer more or we just need to be there for one another we can.
And so when I tell people we are pursuing financial independence I kind of cringe a little bit because there's this idea of what we should be doing versus what we do.
I mean we have cut back on eating out but we still foodies we love going to restaurants occasionally and trying out different cuisines.
Travel is a part of our budget.
And while we've taken on some DIY projects and learn some skills around the house we're also completely comfortable calling in contractors or even splurging on some Tech. We know we'll use and enjoy.
We're trying to find this balance between raising our kids while being wise with our time and money.
So if you're parents looking to give your family more options looking to design a life that reflects more of what you love, Simplify and Enjoy is for you.
And I do believe that exploring different journeys and ideas can help all of us find a path that fits us and our circumstances.
Which is why I'm grateful that I have my buddy Brianna joining me.
So the funny thing is I've known Brianna for a few years and my girls and her daughter are buddies but we've hardly talked about money.
It's just never come up in our conversation. But after we started talking about the challenges of working from home we found out what each other did.
And I discovered that they're also trying to find that balance of staying on top of their money while raising their little one.
Brianna: My name is Briana. I am a busy wife and mom of one little girl. I'm 28.
Three years married.
So we're still kind of learning things [with finances] and get on the right track.
[Yeah] we are now a new homeowners. We just moved into our home last November.
Support the Podcast!
Thank you so much for listening to the podcast!
- Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
- Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher.
- Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!
Like the music in this episode? It's provided by Lee Rosevere.
Need an Extra $5K in Your Pocket?
Learn how to find, save, and earn more money in this free email course!