Manage Spending & Goal Setting with Ericka Young (Tailor-Made Budgets)

Today we are hanging out with Ericka Young.

Ericka and her husband paid off nearly $100,000 of debt in the first 5 years of their marriage.

After paying off her debt Ericka went to Nashville to train with Dave Ramsey and his team to become a financial coach to assist others in getting out of debt.

Ericka is the author of the book Naked and Unashamed – 10 Money Conversations Every Couple Must Have.

Timeline:

* 00:44 – Intro

* 01:18 – Ericka’s Financial Freedom Journey

* 04:57 – Why we are in debt…

* 07:42 – Goal Setting

* 12:29 – Social Media’s Impact

* 14:28 – Finding Money in Your Budget/Managing Spending

* 23:43 – Goal Setting Continued

* 28:02 – Hidden Expenses of Buying a House

* 29:17 – Planning Out the Monthly Spending

* 33:32 – Couple’s Money Conversation

* 39:06 – Rapid Fire: Share an internet resource like Mint with the Financial Freedom Community

* 41:01 – Rapid Fire: What is your favorite financial blog?

* 42:02 – Rapid Fire: What is one financial book that everyone should read?

* 44:26 – Contacting Ericka

Resources & Links:

* Financial Freedom Community

* Financial Freedom Community Facebook Group

* Naked and Unashamed – 10 Money Conversations Every Couple Must Have

* Mint

* Quicken

* RetailMeNot

* Dave Ramsey

* Darren Daily

* Money Saving Mom

* The Millionaire Next Door

* Tailor-Made Budgets

* Have Your Cake and Eat it Too