How To Budget For Beginners [Video]

#72: Allison Baggerly, founder of Inspired Budget, and author of the book ‘Money Made Easy’, is dedicated to inspiring women to confidently manage their finances. This episode is great for those (singles as well as couples) who want to learn more about budgeting and how you can pay off debt. It’s completely beginner-friendly and covers:
•⁠ ⁠What a budget is
•⁠ ⁠The step-by-step plan to start budgeting
•⁠ ⁠The Budget Surprise
•⁠ ⁠How to get out of debt
And MUCH more!

Get Allison’s book ‘Money Made Easy’ here: https://erika.com/money-made-easy

Special thanks to our partners & sponsors:
Hostinger: Use ERIKA10 to get 10% off a website and a free domain name at https://hostinger.com/erika10
Erika.com: Learn more about budgeting with your partner at https://Erika.com/couples

I’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/go

After knowing how to budget, it’s perfect to know how to invest your money with Jeremy Schneider. Watch here: https://youtu.be/ACXd-GSn0BY

Thanks for tuning in and come back every Tuesday for a brand-new episode!

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Timestamps:
00:00 – Intro
02:41 – Allison’s worst relationship with money
09:27 – Allison’s and her husband’s debt when their baby was coming
12:51 – Moments where Allison felt she wanted to give up
24:29 – How to get out of debt
30:42 – What Allison wishes she had learned when she started paying her debt
35:48 – Habits around money that you should have
40:57 – Tips about money when you have kids
56:09 – Three steps to start paying your debt
58:55 – Allison Taught Me