262 | Group Coaching Call Reveals Secrets to Stress-Free Spending & Which Banks Work Best for Budgeting

Snag Our Signature Budget Template!

Hey Budget Besties! 🎉 Listen into a live group coaching call where we dive deep into the game-changing strategy of using separate bank accounts for effective budgeting and more. 💡 Say goodbye to the headache of tracking every dollar and hello to the ease of automated planning!

We discuss:

1. Separate Bank Accounts

1. Gas and Groceries: Consider a dedicated account for these to streamline your spending without the need to track every purchase.

2. Bills Account: Use a separate account for bills to ensure they’re always covered, avoiding accidental overspending.

3. Fun Money: Keep a distinct account for discretionary spending to give yourself permission to enjoy your money guilt-free.

2. Paycheck Planning

1. Allocate specific amounts for different categories from each paycheck.

2. Example: $300 for groceries per pay period.

3. Adjust based on your spending patterns (e.g., weekly grocery trips).

3. Creative Budget Stretching

1. Shop Your House: Utilize pantry and freezer items before buying more groceries.

2. Weekend Supplementing: Plan smaller, supplementary shopping trips if you do a big shop at the beginning of the month.

4. Recommended Banks

1. Ally Bank: High interest on savings, multiple accounts.

2. Navy Federal: Unlimited checking and savings accounts.

3. USAA, Capital One, Discover: Good options with some caveats on debit cards.

5. Automation and Visualization

1. Automate Transfers: Set up automatic transfers from your bills account to other accounts to simplify budgeting.

2. Multiple Savings Goals: Use separate savings accounts for different goals (emergency fund, vacation, etc.).

We also share personal stories, like how Shana managed her budget while her husband was deployed, and Vanessa’s tips for making Taco Tuesday a no-dishes delight. 🌮✨

Tune in to learn how you can set up your budget for success, avoid unnecessary fees, and make your money work for you!

4 Ways To Connect With Us:

1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall 

2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook 

3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget 

4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching 

"I love Shana & Vanessa and this podcast is amazing!" < If that sounds like you, please consider rating and reviewing our show! It helps us to reach more people – just like you – to help them change their financial future. Don’t forget to follow the show so you don’t miss any episodes! And, if you’re feeling really generous, we’d be SO honored if you would share this podcast with someone. 

Click here to view our privacy policy.

This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase!