Financial Foundations 2: Budgeting with Intention

Traditional budgeting doesn’t work. In episode two of Financial Foundations, brought to you by State Farm, I'm showing you how to budget without hating your life. We'll reframe budgeting as a permission slip instead of a punishment. Budgeting doesn't mean you can’t ever have a latte, or buy organic, or even say no to a vacation. Creating a budget is as personal as your favorite band, which means that these one-size-fits-all solutions might be more the problem than you. Today we'll walk through my three-bucket budget, and find your three value categories: the parts of your life where spending brings you the most joy. Then we'll pull out the money diary from episode one and see whether your spending matches what you actually care about.

Catch-up on the Financial Foundations series:

Financial Foundations Episode 1: Your Money Blueprint: https://herfirst100k.com/financial-feminist-show-notes/money-blueprint/

Save your seat in this 2-part workshop series that turns your “I wish I could quit my job” into a specific, actionable plan to get you out of your job in 90 days or less. Get access here: ⁠⁠⁠https://herfirst100k.com/ffpod⁠. 

00:00 Intro

01:03 How to budget without hating your life

01:56 Refresher: the financial priority list

02:54 Why budgets fail like diets

03:23 Your budget is a gas gauge

04:50 Permission slip, not punishment

05:38 Why I hated every budget app

06:20 The three-bucket budget

07:51 Automate, automate, automate

08:44 Your three value categories

10:37 My coffee-as-a-walk confession

11:37 "Should" spending: museums, dinners, and bachelorette parties

12:51 Exercise: sort your money diary

14:09 Ask this at every checkout

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