053: The Birth of Fearless Budgeting & Inspirational Reading “Gift Giving”

In today’s episode, I’m going to:

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First Spending Plan Training Video Available: Tracking Cash in YNAB

I finally finished my first video to help people with their spending plan! This first video walks you through tracking cash in YNAB. It’s an area that many people find confusing, so I wanted to make a video walking you through the process.

Boy, it was both fun and challenging learning how to animate PowerPoint and getting the video to match the audio. 🙂

It starts off with some discussion about the topic of tracking cash, but you can go right to time stamp 3:13 to see the step-by-step demonstration.

I’d love your feedback on this video. Thanks … and I hope you find it helpful.

034: Pay it Fast or Pay it Slow? & Inspirational Reading 11/28: Fit Spiritual Condition

In this Episode

00:54 Should You Pay Your Debts Off Fast or Pay Them Slow?

Read the post for this podcast on our sister site: Getting Out from Going Under

arealcompulsivespenderaOnce again, I take exception with Dave Ramsey’s philosophy when it comes to compulsive spenders. I explain why revving your engines and going all in to get that debt paid off in record time just won’t work for true compulsive spenders.

16:46 Inspiration from the Daily Reader for Compulsive Debtors and Spenders: November 28th: “Fit Spiritual Condition”

Resources Mentioned in this Podcast

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017: Post Interview Thoughts, Lending Money, Painful (Inconvenient) Honesty, Online Group, & Reading 7/31: “Sisterly/Brotherly Love”

In this Episode:

00:00 The Podcast is Now on YouTube
Just to let you know, I’m starting to post some episodes on YouTube. What’s cool about it is that if you click on the time stamp, you can go right to that section. Still just the audio, but this way, if you get bored, you can just move right on to the next section! Click here to go to my YouTube channel.

02:42 Thoughts about my conversation with Lauren Greutman

Feedback from a listener shifted my perspective!

25:26 Lending Money
Thoughts on lending money when you are a compulsive spender, underearner, and/or debtor.

29:38 Painful (Inconvenient) Honesty
A story about my bottom line.
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ICSS 003 – Cash Accounting, Why I Disagree with Dave Ramsey, & Inspirational Reading

In this episode:

00:00 Segment: Handling Cash in Your Spending Plan
I talk about handling cash, which seems to confuse people when they first start working with a spending plan. The key is to think of cash as its own account and track cash transactions separately from your checking account. (See diagram below.)

13:27 Segment: “They Don’t Get it.”
Today, I talk about Dave Ramsey’s misguided take on compulsive spenders and why I vehemently disagree with him (to put it mildly). Here are links that I reference:
Big Book of Alcoholics Anonymous Online
Dave’s blog post on excessive spending
Dave Ramsey’s video call with the wife of a compulsive spender:

34:35 Segment: Inspirational Reading
April 18 from Getting Out from Going Under Daily Reader for Compulsive Debtors and Spenders

Diagram: Handling Cash

It’s hard to talk about accounting for cash in a spending plan without a visual demonstration to go along with it. So here it is: