Before we get into today’s episode, I want to update you all on all the amazing financial resources I have in store from the Holistic Money Podcast in 2023. I am teaching a money masterclass, Money Mapping, in January, where I will teach you the four steps to make sure 2023 is your best financial year yet. Shortly after that, The Holistic Money Course, my signature program, opens for enrollment. This course teaches you my no-budget philosophy, how to set it up, how to get it automated, and how to change your relationship with managing money, so it stops acting like this thing that you should be doing and just becomes a natural part of your life.

Additionally, you're also going to get one year of weekly money coaching with me. So not only will you have the plan set up, but you'll also have the accountability, the coaching, and the continued financial education over one full year to execute this consistently month-over-month and make great financial decisions.

Now, in today's podcast, I'm going to dive in on my no-budget philosophy. I want to talk with you about how I avoid budgeting altogether, why it's never worked for me and what I do instead, so you have a stronger sense of what I mean when I say my no-budget philosophy. I do not budget, I don't have a spreadsheet that I reconcile at the end of the month, and I don't have budgeting apps. I have a highly-organized, highly-effective automated money plan that reflects the financial future I want for myself, and every account is automatically filled with the exact amount of money I want to spend every month. I am held accountable for my money plan, not the other way around. So please stay tuned and remember to subscribe to the Holistic Money podcast for resourceful podcasts that will guide you to your financial freedom!

Key Highlights

 [00:00:01] Updates for 2023

[00:01:14] Introduction to today’s topic: No-budget philosophy

[00:02:45] Why money management is important to your financial future

[00:04:55] Why I ended up creating a money management system

[00:09:34] What is a money map?

[00:09:50] Three different accounts that your money can be: Lifestyle, savings and investment, and the sub-categories

[00:20:33] Why I like to break up my savings accounts among different accounts

[00:25:21] The Free Money Map training

Notable Quotes

• I don't have to spend time reconciling budgets or deciding whether cat food goes in the animal or grocery store budgets; I don't think about any of those things. I keep my planning very simple; it's very streamlined, so streamlined that sometimes it can be a bit confronting because there's no hiding from my financial goals.
• Without strong money management skills, you will never build that savings account; you will never build that investment account. You will never use your money strategically to create more income for yourself, so you have more freedom.
• if you don't have savings and invest

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Email: [email protected]