Learn How to Budget With This Key Tool | My Debt Epiphany (2024)

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I’m not going to lie, most people think budgeting suucckkkkkks, and with good reason perhaps. I remember the first time I gave a weak effort to learn how to budget, and it just didn’t work for me. It took me a lot of trial and error to find a budget that allowed me to feel GOOD about my money. But I found it!

Now that I’ve been budgeting for a few solid years now, and have been able to pay off my student loans, dive into full-time entrepreneurship, and start saving for a home, I want to help others love their budgets as well.

Introducing the Love Your Budget Course!

Learn How to Budget With This Key Tool | My Debt Epiphany (1)

I know I’ve dropped a few hints and updates here and there, but I am so excited to share that my budgeting course is finally LIVE and ready for enrollment.

It’s called Love Your Budget and it’s packed with over 4 hours of video content, helpful worksheets, and spreadsheets, along with tutorials to help you learn how to love and embrace budgeting.

I realized that budgets are often either undervalued or overlooked in the personal finance space but they are the key to your success.

Just like money, your budget is a tool that will help you improve your life all around if implemented correctly. Too many people set themselves up for failure making common budgeting mistakes that make them feel deprived.

Not me. I’ve lived a pretty blessed and prosperous life. I’ve been able to:

  • Pay off $30,000 of debt
  • Build a solid emergency fund
  • Start saving for a house
  • Quit my job to work for myself
  • Travel with my family
  • Indulge in my values

All while living on a budget. The trick has been controlling my money and not letting it control me. A budget is just a spending plan and I create the rules according to my comfort level.

If your budget has been making you feel like a prisoner, or if you have absolutely no idea what’s going on with your money, this course is going to help you turn things around.

Life Wasn’t Always This Good

Long-time readers know myfinances were a hot mess a few years ago. I struggling through college as a single mom and so broke that I couldn’t even wash my clothes. I was so financially strained that even my caseworker in the welfare office wondered how I was getting by.

I worked a few part-time jobs and increased my skills so I could make more money. However, all along I had convinced myself that budgeting wasn’t an option for me and wouldn’t work.

When I finally laid out my finances and created a realistic spending plan, I felt a huge sigh of relief. I wasted so much time and energy hiding from my true financial situation and avoiding the real numbers.

Then believe it or not, big things started to happen for me in the money department. Go figure! I was finally able to make progress instead of feeling like I was never going to get ahead.

It took some trial and error to come up with the right plan for me, but I created this course to help you streamline this crucial process. This course isn’t one-size fit-all instructions which iswhy it works for the masses.

What You’ll Learn and What’s Included

In the Love Your Budget course, I’m literally giving you everything I’ve learned about budgeting and taught my coaching clients. The material is filled with proven methods and strategies that you can adjust to fit your lifestyle.

The main course includes 4 main educational course modules. There are several video lessons within each module.

Module 1 – Setting a Foundation

In this module, you’ll learn how to overcome past struggles with budgeting, change your mindset, set solid goals and track your spending to ensure budgeting success

Module 2 – Choose Your Budgeting Style

In module 2, I walk you through a variety of effective budgeting methods and provide examples so you can choose a core strategy behind your next budget.

Module 3 – Creating Your DIY Budget

Module 3 is all about creating a winning budget that meets all your wants and needs. You’ll learn how to budget by setting yourself up for success and I’ll walk you through my step-by-step tutorial while sharing some of my favorite tools for successful budgeting

Module 4 – Making it Stick

The final module is all about making your budget sustainable and long-lasting. There’s no point in going through the course if you’re not going to make your efforts stick. You’ll learn how to genuinely love your budget along with earning more, spending less, and maintaining your spending plan long-term.

Bonuses:

I created a few bonuses for the course that you will have access to depending on which package you sign up for. Some of the bonuses include:

  • One-on-one financial coaching with me
  • Course workbook with forms, worksheets and more
  • Secrets of Successful Budgeters Video Series – 4-part series where I sit down to chat with REAL people living well on a budget to get insight on how they make it work and thrive financially. This video series is great for those of you who want to see specific budgeting styles in action!
  • 5th learning module – If you need more advanced training, I have an extra course module available to teach you how to budget for debt payments, budget for savings/retirement, and more!
  • Budget Beyond Your Paycheck Worksheet Bundle (7+ custom worksheets to help you stop living paycheck to paycheck)

Learn How to Budget and Change Your Mindset…

When you change your mindset, you change your speech, which changes your actions, which changes your results.

This course starts by helping you change your mindset surrounding budgeting. Then it equips you with the knowledge and tools you need to be successful. Then, students learn how to tie it all together and stick with a long-term budget plan that makes them feel awesome and in control.

Ready to Learn More and Get Started

You can find additional details about the course here to see if it’s right for you. You owe it to yourself to understand how money works and enjoy managing your finances.

Learn How to Budget With This Key Tool | My Debt Epiphany (2)

Stop Worrying About Money and Regain Control

Learn How to Budget With This Key Tool | My Debt Epiphany (3)

Join 5,000+ others to get access to free printables to help you manage your monthly bills, reduce expenses, pay off debt, and more. Receive just two emails per month with exclusive content to help you on your journey.

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Learn How to Budget With This Key Tool | My Debt Epiphany (2024)

FAQs

How to make a budget work Ramsey answers? ›

How to Make a Budget in 5 Steps
  1. Step 1: List Your Income. ...
  2. Step 2: List Your Expenses. ...
  3. Step 3: Subtract Expenses From Income. ...
  4. Step 4: Track Your Transactions (All Month Long) ...
  5. Step 5: Make a New Budget Before the Month Begins.
Jan 4, 2024

What should be considered when setting a budget in EverFi? ›

financial goals, current expenses, and income.

How to budget when you have debt? ›

Here are some tips to help you get started:
  1. Create a budget. ...
  2. Prioritize your debts. ...
  3. Make more than the minimum payment on your debts. ...
  4. Consider debt consolidation. ...
  5. Set savings goals. ...
  6. Automate your savings. ...
  7. Cut back on unnecessary expenses.
Sep 19, 2023

What is the budget formula? ›

Allow up to 50% of your income for needs, including debt minimums. Leave 30% of your income for wants. Commit 20% of your income to savings and debt repayment beyond minimums. Track and manage your budget through regular check-ins.

What is the #1 rule of Budgeting? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the best way to budget quizlet? ›

What is the best way to create a budget? Divide your income into categories and plan how much you'll spend on each.

How should a budget be set up? ›

How to create a budget
  1. Calculate your net income.
  2. List monthly expenses.
  3. Label fixed and variable expenses.
  4. Determine average monthly costs for each expense.
  5. Make adjustments.

What is a budget example? ›

For example, your budget might show that you spend $100 on clothes every month. You might decide you can spend $50 on clothes. You can use the rest of the money to pay bills or to save for something else.

How to create a monthly budget for beginners? ›

50/30/20 rule: One popular rule of thumb for building a budget is the 50/30/20 budget rule, which states that you should allocate 50 percent of your income toward needs, 30 percent toward wants and 20 percent for savings. How you allocate spending within these categories is up to you.

What are 3 tools of creating a budget? ›

Understand and use 3 of the most important and basic tools for budgeting to get your finances in order.
  • Income statement. An income statement measures the financial performance of a business over a period of time – a quarter, month or year. ...
  • Cash flow forecast. Cash is king to most people. ...
  • Balance sheet budgeting.

How to stop being broke? ›

Listed below are some ideas:
  1. Create a budget. Budget your income for essential expenses, debt repayment, and savings.
  2. Reduce expenses. Shopping around lets you find cheaper alternatives to groceries, subscriptions, and entertainment.
  3. Cook more at home. Eating out is expensive. ...
  4. Shop around. ...
  5. Boost your income.
Mar 15, 2024

Why is budgeting important? ›

A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.

How to make a budget work ramsey quizlet? ›

  1. Live on less than you make.
  2. Find ways to grow your income.
  3. Write a monthly budget: income, giving, saving, and spending.
  4. Plan your spending and avoid impulse or unnecessary spending.
  5. Stay out of debt.
  6. Pay yourself first by saving.
  7. Use gifts and income wisely.

How do you make a budget work? ›

You can make a budget by following these six steps:
  1. Determine your income.
  2. Calculate your monthly expenses.
  3. Set realistic goals.
  4. Track your spending.
  5. Pick a budgeting plan.
  6. Stick to your budget.
Jul 13, 2023

What does the 50 30 20 rule suggest that you budget your money into ___? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

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