284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again

BiggerPockets Money Podcast

BiggerPockets

Education, Investing, Business

4.5 • 3K Ratings

🗓️ 18 March 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Travel budgeting, sky-high gas prices, and “free” utilities are coming up in this month’s episode of Carl and Mindy’s Spending Summary. Like many Americans, Carl and Mindy didn’t have the easiest time sticking to their March budget. With rising food, gas, and utility prices, it may seem that your budget is squeezing you more and more as the months go on. This month, Carl and Mindy touch on their biggest budget busters and wins, plus why budgets are meant to be adjusted when life permits. Carl and Mindy have been publicly tracking their budget and have found it to be a little trickier than they originally thought. That being said, both of them agree that if you have the financial means to do something you love, it’s probably worth the extra money for a once-in-a-lifetime experience. If you’ve felt strained while expense tracking and budgeting throughout the start of 2022, just know that two of the most respected voices in the financial space also stumble from time to time. If you make a mistake, overspend, or forget to track your expenses, get back on track, hit your goals, and keep chasing financial freedom! In This Episode We Cover What happens when a big expense bursts your budget early Optimizing your budget so you have breathing room when prices go up Offsetting your electricity bill with solar and siphoning off some free natural gas Downsizing your costs and reviewing utility bills so you only spend on what you need Travel budgeting and keeping extra money to build life-long memories Conferences where you can find Carl and Mindy in 2022! And So Much More! Check the full show notes here: https://www.biggerpockets.com/blog/money-284 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the bigger pockets money podcast show number 284 finance Friday edition or Carl and I go over our
0:08.7	February finances after you reach financial dependence you still need to know what your
0:14.4	Spending is because it doesn't just go from oh, I'm spending $3,000 to I'm spending
0:20.4	$10,000 a month it creeps up gradually so that you're not really noticing it and then all of a sudden you sit back and you're like
0:27.6	Oh, how much did I spend last month? Wow
0:31.6	That's a lot and you start thinking back what did I spend it on? Do you know what you spent last week? I don't have a clue what I spent yesterday
0:39.2	Hello, hello. My name is Mindy Denson and joining me today is my husband Carl
0:45.2	Speaker at Economy Conference host of the mile high five podcast the
0:51.1	Comedic genius behind the dinosaurs and fart jokes at 1500 days dot com
0:57.5	What else? I
0:59.5	Think that's about it. I'm a DIY person too. You can see my ear protection here
1:03.2	And I've got something I'll show the audience a little bit later. Oh
1:07.1	Presentation. Yeah, it's pretty exciting a DIY person and this comes into play with one of our big finance fails this month
1:15.3	So shall we jump in let's do it? Okay?
1:27.0	Before we get to the show let's hear a word from today's show sponsors
1:30.5	There's no place like home so during the holidays shouldn't home feel the safest with simply safe
1:36.1	It does simply safe is the number one rated home security system and right now
1:40.0	They're offering bigger pockets money listeners 40% off a new security system now instead of wondering what things are going bump in the night
1:47.1	You can just check simply safe with your smartphone
1:49.3	Thanks to their HD security cameras advanced sensors and even flood and fire detecting features
1:54.5	You'll know what's happening at home at all times with their 24-7 professional monitoring that costs under one dollar per day
2:01.9	You have someone ready to help the incident you need it and their exclusive fast protect technology
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.