What's the most important thing when it comes to going from broke and bankrupt to financially free? Learning to manage your money. And the most important part of managing money is knowing how to budget. Figuring out a budget often strikes people as scary or a hassle, but it doesn't have to be.

On today's show, we're joined by Bobbi Olsen. Bobbi is a budget coach and the cohost of a budgeting podcast called Centsable Chat. Listen to the episode to hear what Bobbi has to say about the debt snowball versus the debt avalanche, how to allocate money, and her own journey from struggling with debt to financial freedom.

Topics Discussed in This Episode:

• How Bobbi got interested in personal finance and budgeting
• What resources Bobbi used to educate herself about personal finance
• How long Bobbie was struggling before
• Bobbi's radio career
• Debt snowball versus debt avalanche
• How Bobbi counsels her clients about the debt snowball versus the debt avalanche
• Whether it's possible for everyone to get fully out of debt or be able to retire
• The first step for someone to take to get on track
• Bobbi's podcast, Centsable Chat
• How to think about your budget
• What leveraging is
• Allocating your budget
• What to do about unexpected expenses
• Enjoying the benefits of a worry-free financial life
• The number-one reason for budgeting
• The intent of Centsable Chat
• How Bobbi's budget-coaching business works

Links and Resources:

Centsable Chat