Feb. 24, 2021

33. Budgeting Basics with Kenny Ingersoll of Revolution Financial Management

33. Budgeting Basics with Kenny Ingersoll of Revolution Financial Management

Kenny Ingersoll is a representative with Revolution Financial Management, which seeks to help people better their financial situation through education and awareness. On this episode of CFO at Home, Kenny and Vince discuss budgeting basics; budgeting...

Apple Podcasts podcast player badge
Spotify podcast player badge
Amazon Music podcast player badge
Overcast podcast player badge
iHeartRadio podcast player badge
TuneIn podcast player badge
Pandora podcast player badge
RSS Feed podcast player badge
Apple Podcasts podcast player icon Spotify podcast player icon Amazon Music podcast player icon Overcast podcast player icon iHeartRadio podcast player icon TuneIn podcast player icon Pandora podcast player icon RSS Feed podcast player icon
Budgeting

Kenny Ingersoll is a representative with Revolution Financial Management, which seeks to help people better their financial situation through education and awareness. On this episode of CFO at Home, Kenny and Vince discuss budgeting basics; budgeting for beginners, making a budget you can stick to, and more.

  • Key Takeaways
    • How to budget for Beginners.
      • Budgeting simply means that you know where your money is going and you have a way to track it.
      •  The aim with budgeting is to be aware of your spending, plan for your expenses, and make sure you have enough saved to pursue your goals
      • A budget allows you to enact a strategy to help pursue your goals
      • Quick step-by-step guide on how to get your budgeting habit off the ground!
        • Track your expenses every day
        • Add up expenses every week and develop categories
        • Create a monthly list of expenses
        • Adjust your spending as necessary
        • Keep going
    • How To Make a Budget You Can Stick To
      • Some people love to live a life of thrift, for others, budgeting conjures up images of living in tents, foraging for nuts and berries in the woods, and sewing together everyone’s old t-shirts to make a blanket for grandma.
      • Simplifying the budgeting process can help in finding the happy middle
        • Use that smartphone.
        • Plan for unexpected expenses
        • Go with the flow