Honey We CAN Afford That

In the final episode of the mini-series, I'm answering:

How do I budget when my spouse isn't on board?

How do I budget when my partner and I aren't paid on the same days? 

I'm self-employed and I don't have set paydays, but my spouse does. How do we budget in this case?

I have variable income. How should I budget?

How do I know if I'm investing enough?

What are some things to watch out for when purchasing a home?

How do I stick to the plan?

-------

THANK YOU for your support! I have cherished this journey and I hope you enjoyed listening, learning and laughing with me. God bless you. Take care.

Join me for a blended Saving 101 and Investing 101 episode!

How to Hire Your Kids - an incredible resource offered by my friend Dee from Kids Money Academy

Want to submit a question for next week's (the final) episode? Email me at [email protected] and I'll make sure it gets covered!

The wealthy don't stop at budgeting and investing.

They dedicate time to things like tax planning, estate planning and reviewing investment allocations.

Give this episode a listen to learn 10 areas you might be missing or messing up on your financial journey.

Here's a helpful backdoor Roth IRA graphic from my friend, Leandra!

And check out Nectarine for flat-fee financial advisors.

Rooting for you,
Rachel

Money mindset is the most important muscle in your financial fitness. Don't let it weaken!

Come back to this episode and journal through my prompts to define your money mindset and begin the process to train your brain towards wealth.

When you're working to improve your financial reality, step 1 is to track your spending.

It's not sexy, but it's highly effective. And it only takes a few minutes each day.

Remember: what gets measured gets managed.

I'm walking you through 7 mistakes that I've seen time and time again as a budget coach.

Want to learn more about my framework, the 8-Part Budget?
Check out my e-learning hub here (all tutorials are FREE)

Looking for a planner that follows my proven template?
Shop Rae Michelle Planners

While the 4% Rule and 25X Rule are good starting points to give you a ballpark estimate of how much you'll need to retire, you'll get more accurate estimates using calculators or tools that factor in a variety of things - expected expenses in retirement, inflation, taxes, social security election age, average rate of return before and during retirement, and additional income, to name a few.

Here are some of my favorite retirement calculators:
Bankrate
Smart Asset
NerdWallet 

Run the numbers in 2-3 calculators and compare. 

Keep in mind:
- No one tool is perfect.
- You can't predict everything.
- Beware of "one size fits all" advice in finance, especially in retirement planning! 

Welcome to Honey, We CAN Afford That, hosted by entrepreneur, Certified Personal Finance Counselor and content creator Rachel Rivera. This podcast is for partners and parents who want to master finances as a team. You'll learn how to budget intentionally, educate and engage your children on the topic money, and lead beautifully balanced lives together.

Welcome to Honey, We CAN Afford That, hosted by entrepreneur, Certified Personal Finance Counselor and content creator Rachel Rivera. This podcast is for partners and parents who want to master finances as a team. You'll learn how to budget intentionally, educate and engage your children on the topic money, and lead beautifully balanced lives together.

Welcome to Honey, We CAN Afford That, hosted by entrepreneur, Certified Personal Finance Counselor and content creator Rachel Rivera. This podcast is for partners and parents who want to master finances as a team. You'll learn how to budget intentionally, educate and engage your children on the topic money, and lead beautifully balanced lives together.

Tools that make budgeting effective AND elegant:
Hardcover planners
Spreadsheets
For the tablet lovers

Be sure to subscribe if you're enjoying the podcast so far! And a review would mean the world. :)