About the Episode: 

• In this episode, we’re discussing how to break the cycle saving money and then immediately spending that money leaving you with no margin. 
• In our Current Money Events segment, we’re updating you on the United States National Debt and how the Coronavirus Pandemic has affected it.
• Our success story comes from Philip, who’s getting ready to start the last session of the I Was Broke. Now I’m Not. Group Study via Zoom.

Resources:
BOOK: I Was Broke. Now I’m Not.
COVID-19 Resources
US Debt Clock
BOOK: 20/20 MONEY: Gaining Clarity For Your Financial Future
TOOL: Known Upcoming Non-Expense Calculator 
TOOLS: Budgeting
IWBNIN Ladder
0% Balance Transfer Credit Cards
Annual Credit Report

Related Monday Money Tip Podcast Episodes:
Episode 03: Making Savings a Priority
Episode 04: The Non-Financial Benefits of Saving Money
Episode 61: The I Was Broke. Now I’m Not. Ladder - Explained
Episode 63: 0% Balance Transfer Credit Cards
Episode 80: The Power of Coaching
Episode 81: How to Prevent Overspending
Episode 83: Money Saving Tips
Episode 91: COVID-19 & 10 Financial Steps You Can Take Now
Episode 95: Winning With Money During a Recession

Email [email protected] to ask questions or share success stories.