SeedTime Money (Faith, Family & Finances)

[Budget breakdown] our advice to a reader facing bankruptcy with 3 little kids


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In this episode,we share a personal conversation with a reader who's grappling with this tough situation, and I offer some practical, heartfelt advice based on their specific circumstances.

šŸ“¢Here's what you'll discover:

  • The Reader's Dilemma: An in-depth look at a family facing bankruptcy, struggling with debt, and trying to make ends meet.

  • Budget Breakdown: Tips on reducing expenses in various categories like groceries, transportation, and childcare.

  • Income Generation Ideas: Creative solutions for increasing income through gig work, leveraging assets, and cutting back on non-essentials.

  • Managing Debt and Bankruptcy: Insights into navigating Chapter 13 bankruptcy and planning for a financially stable future.

Ā 

šŸŽÆResources Mentioned:

  • Get Upside app: Get cash back on everyday necessities - https://upside.comĀ 

  • GasBuddy app: for saving on fuel- https://gasbuddy.comĀ 

  • Consumer Reports: for buying reliable used cars- https://consumerreports.orgĀ 

  • "The Knowledge of the Holy" by A.W. Tozer - https://amazon.com/Knowledge-Holy-W-Tozer/dp/1626309906/Ā 

  • Our book: Simple Money, Rich Life - https://seedtime.com/smrlĀ 

  • Our class: True Financial Freedom class -Ā https://seedtime.com/tffĀ 

Ā 

Watch this episode on ourĀ SeedTime Money Podcast YouTube channel (https://youtu.be/7o5VQhAsGjA)!Ā 

Ā 

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as ā€œa money book for people who don’t read money books.ā€Ā 

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

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SeedTime Money (Faith, Family & Finances)By Bob Lotich, Linda Lotich

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