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From $3K in Debt Payments to $2.4K in Savings: How One Single Woman Took Back Her Finances | 434

From $3K in Debt Payments to $2.4K in Savings: How One Single Woman Took Back Her Finances | 434

Episode 434 Published 9ย months, 3ย weeks ago
Description

Snag Our Simplified Budget System!

One of our single clients came to us with over $263,000 in debt.

๐Ÿ’ณ $3,000/month in minimum payments

๐Ÿ’” No savings

๐Ÿ˜ฉ Business and personal finances completely mixed

๐Ÿ‘‰ But she was ready for change.

In just 7 months, hereโ€™s what she accomplished with our coaching and system:


๐Ÿ”ฅ Her Before:

  1. ๐Ÿ’ธ $263,000 in total debt

  2. ๐Ÿ’ณ $69,000 in non-mortgage debt

  3. ๐Ÿงพ 10 different loans (credit cards, RV, HELOC, debt consolidation, etc.)

  4. ๐Ÿ’ฐ $3,000/mo in minimum debt payments

  5. ๐Ÿ’ผ Personal + business finances mixed

  6. ๐Ÿšซ No emergency fund, no savings system

  7. ๐Ÿ“‰ Living paycheck to paycheck โ€” despite a $7,500/month income



โœ… Her After:

  1. ๐Ÿ’ฅ $263K debt reduced

  2. ๐Ÿงจ Minimum payments dropped from $3,000 โžก๏ธ $1,200/month

  3. ๐Ÿ’ต Saving $2,400/month for sinking funds

  4. ๐Ÿ’ก Business + personal finances completely separated

  5. ๐Ÿถ Has dedicated savings for pets, travel, Christmas, home maintenance

  6. ๐Ÿก Downsized to a condo, paid for all renovations in cash

  7. ๐Ÿ“ˆ Net worth: $684,000

  8. โœจ Living on purpose, with peace and margin โ€” not just reacting to her bank balance



๐Ÿ’ก What She Did (Step by Step):

  1. โœ… Joined coaching for 7 months

  2. ๐Ÿง  Borrowed our belief until she had her own

  3. ๐Ÿฆ Opened 13 accounts (bills, spending, savings, business, etc.)

  4. ๐Ÿ” Set up automatic transfers based on paycheck

  5. ๐Ÿ“ž Called every creditor โ€” reduced interest, deferred a car loan for a month

  6. ๐Ÿ”Ž Canceled warranties + subscriptions

  7. ๐Ÿ“‰ Shopped all her insurances โ€” saved $2,500/year (then another $5,600 when she moved)

  8. ๐Ÿ„ Made a cow savings bucket ๐Ÿฎ (weโ€™re obsessed)

  9. ๐Ÿ“‹ Calculated her actual annual life costs

  10. ๐Ÿ“Š Started using the retirement tab in our budget system

  11. ๐Ÿ“† Learned how to properly plan for 3-paycheck months

  12. ๐Ÿ“ฑ Got organized โ€” and finally felt in control of every dollar



Connect With Us:ย 

1๏ธโƒฃ Facebook Group โ€“ Join the community. Our free group is where the real talk happens. Connect with other women who are learning how to budget, save, and finally feel in control, together. โžก๏ธŽ budgetbesties.com/facebookย 


2๏ธโƒฃ Automate Your Budget Masterclass โ€“ Watch it now, no waiting. This FREE on-demand training shows you how to set up a budget that matches your lifestyle, without tracking every dollar or feeling restricted. โžก๏ธŽ budgetbesties.com/automateย 


3๏ธโƒฃ Budget โ€“ Grab our Simplified Budget System! You donโ€™t need another budget, you need a system that does the math, makes the plan, and gives you permission to spend. โžก๏ธŽ budgetbesties.com/budgetย 


4๏ธโƒฃ Private 1-on-1 Coaching โ€“ Get a plan and a coach. Weโ€™ll build your full budget system together, so you always know what to do and feel confident doing it. โžก๏ธŽ budgetbesties.com/coachingย 


5๏ธโƒฃ Be on the Podcast โ€“ Free coaching, real convo. Come chat with us on the show! Get real-time financial c

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