S1E3 Live Within Your Means

04/11/21 • 26 min

In this first episode of our four-part financial literacy series, Dad, Hannah, and Maddie discuss the importance of budgeting, how to start creating your budget, and cautions to consider with credit cards.

Episode Details:

1:05 - Dad's knowledge background in financial literacy, and why financial literacy is so important

4:19 - Getting started with building your budget

9:31 - How much can you afford for living expenses?

11:20 - The importance of an emergency fund, and how much money to set aside

12:46 - Credit cards; the good, the bad, and the ugly

19:26 - How your money habits can affect your future (read: credit score)

In case you missed it, download our budgeting spreadsheet here.

Questions? Email us at [email protected]!

Episode Details:

1:05 - Dad's knowledge background in financial literacy, and why financial literacy is so important

4:19 - Getting started with building your budget

9:31 - How much can you afford for living expenses?

11:20 - The importance of an emergency fund, and how much money to set aside

12:46 - Credit cards; the good, the bad, and the ugly

19:26 - How your money habits can affect your future (read: credit score)

In case you missed it, download our budgeting spreadsheet here.

Questions? Email us at [email protected]!

Previous Episode

S1E2 Let's Make a Spreadsheet

Dad loves spreadsheets, and finds them useful for a variety of purposes. In this episode, we reflect on how Dad has taught Hannah to use spreadsheets to create a budget, and even make difficult decisions!

Episode Details:

1:40 - How Dad leverages spreadsheets, and why he loves them

3:14 - Building the budget spreadsheet

4:36 - Using a spreadsheet to make difficult, emotional decisions, logical (and how Hannah used a spreadsheet to decide where to go to college!)

11:53 - Other helpful ways to use a spreadsheet

Download our budgeting spreadsheet here, and our decision matrix here.

Questions? Email us at [email protected]!

Next Episode

S1E4 Money Doesn't Buy Happiness

Writing a budget is just the first step in learning to manage your money, and Dad was always quick to remind us that money doesn't grow on trees, nor does it buy happiness. In the second episode of our four-part financial literacy series, Dad, Hannah, and Maddie discuss prioritizing your spending "where the rubber hits the road," as Dad suggests.

Episode Details:

1:45 - What Dad suggests we spend money on

13:40 - What Dad suggests we don't spend money on, or think twice about

18:47 - How to manage to your budget

Questions? Email us at [email protected]!