The Money Millhouse

The New Year is here! Join us for a special episode from our archives with Rachel Cruze that is perfect for this time of year. And be sure to stick around for a sneak peak into recording this episode and commentary from Ellie and Bethany.

Rachel Cruze joins the show discussing New Year’s Resolutions and some great ways to be practical about goals and goal setting. They discuss ways people can go about developing better habits, and teaching those habits to their kids as well.

Rachel shares how “more is caught than bought” when it comes to teaching kids money. She also says it is important to have tangible, “quick wins” when it comes to anyone’s money journey. Ellie talks a little bit about how she wouldn’t let her kids borrow on their allowance because it would create bad work habits, and Rachel shares her views on allowances.

Finally, Rachel talks about how to teach kids to have ‘skin in the game’ by having their kids earn their own money. Bethany tells a story about when she was a little girl and earned half of an American Girl doll and what it meant to her.

For more information, visit the show notes at https://themoneymillhouse.com/preparing-for-a-new-year-3

It is almost the New Year, which is a great time to consider your budget. Join the Millhouse crew for a show from the archives talking about just that. And stick around for after the show to hear special commentary from Bethany and Ellie.

But do we HAVE to budget? The answer is--it is up to you!! We have Allison Baggerly from Inspired Budget in The Money Millhouse today talking about how she and her family paid off over $111K in debt (which, crazy, included budgeting!).

Tune in to The Money Millhouse this week to hear Allison's incredible story and to hear the actionable tips she gives when it comes to creating and sticking to a budget to help with your financial health!

For more information, visit the show notes at https://themoneymillhouse.com/budgeting-allison-baggerly-inspired-budget-2-2

It is the perfect time to find your Year End Zen again! Join Bethan and Ellie for a special episode from the Archives, and be sure to stick around for their behind-the-scenes commentary from this episode with Liz Eischen.

Bethany and Ellie open the show reflecting on the holiday season, as well as finding the year end zen in the midst of the holiday season. They give several year-end tax tips, as well. To find the link they mentioned, visit

Liz Eischen joins the Millhouse giving her best year end zen tips, including understanding the "why" behind the stress and cutting out the extras this holiday season. Ellie mentions that it might be a vicious circle when it comes to stress in finances, and Liz explores this cycle. They also discuss an article Bethany saw about taking out a personal loan to afford Christmas, and Liz gives some practical ways we can look to afford Christmas where we don't feel like we are limiting Holiday Cheer.

Traveling on a budget? Liz shows how she was able to afford to travel to 26 countries. Then we explore stress areas related to getting her Master's Degree and how to deal with that stress. She also talks about how she became a professional "dabbler", and how that has helped her learn as well as earn some extra income.

For more information, visit the show notes at https://themoneymillhouse.com/find-your-year-end-zen-2

Merry Christmas from The Money Millhouse!

Join Bethany and Ellie for a special episode where they discuss Christmas past, present, and future!

For more information, visit the show notes at https://themoneymillhouse.com/christmas-family-meeting

The holiday season can be a busy time—there’s places to go, family to see, presents to buy and wrap, all while trying to have that Christmas cheer!

In the Millhouse today is Jackie Jones from Sugar and Money sharing about her Holiday Planner that helps organize all the holiday details. Not only does she talk about things to keep in mind when planning out presents or family activities, she also shares practical ways to stay on budget during the most expensive time of year.

And for Money Millhouse listeners, Jackie is sharing a special code to get a discount! Just go to sugarandmoney.com to purchase and enter code MILLHOUSE.

Do you ever find yourself saying you won’t ever be able to afford nice things? Like a nice house, or nice vacations for your family?

Today in The Money Millhouse, Bethany and Ellie are joined by Kristin Kaplan to talk about the scarcity versus abundance mindset. They start with the scarcity mindset. Ellie shares that where she is from in Texas, they call that “poor mouthing” as in, “We’ll never have a house like that” or “I’ll always have a boatload of student loan debt. Kristen defines scarcity mindset and gives practical ways to turn it into an abundance mindset.

For more information, visit the show notes at https://themoneymillhouse.com/abundance-mindset-vs-the-scarcity-mindset-with-kristin-kaplan

Can you make your side hustle a full time hustle?

Deacon Hayes from popular blog Well Kept Wallet joins the Money Millhouse to discuss just that. He shares his favorite ways to make money online, things to keep in mind when taking your side hustle as a full time gig, and how he was able to make a career out of a passion that was once a hobby.

For more information, visit the show notes at http://themoneymillhouse.com/making-money-online-with-deacon-hayes-of-well-kept-wallet

Despite the wealth of information on budgeting, saving money, and side hustling, people still have a hard time paying off their debt.

In The Money Millhouse today is Jen Smith of Modern Frugality discussing her debt free journey They discuss how many start but never finish and those who do tend to "restart" several times and Jen answers questions like:

- What was the hardest thing for you about paying off debt?
- Why do some people make it look so easy while others keep "falling off the wagon?"
- What's the first thing people should do when setting the foundation for a sustainable debt-free journey?
- What are some of the mistakes people make when starting their debt-free journey?

For more information, visit the show notes at https://themoneymillhouse.com/pay-off-your-debt-for-good

We interrupt our normal episodes for a special episode of Drinks with Darbi! Our good friend a frequent guest comes into the Millhouse to ask questions over some adult beverages.

The topic of today is home buying for Millennials and what to keep in mind when saving and preparing to buy a home. Bethany and Ellie answer questions like how much is an ideal down payment, what would be a good fixed interest rate, which is better--15 or 30 year mortgage, does it matter where you buy the house or should you look in a different area, and more!

For more information, visit the show notes at https://themoneymillhouse.com/drinks-with-darbi-home-buying

In a special pre-Veterans Day episode, Lacey Langford comes into the Millhouse to discuss life as a military brat, veteran, and military spouse. Before she arrives, Bethany and Ellie discuss their association with the military and why they chose to be called "The Money Millhouse."

They also talk about what life was like being married to/being the child of a military member. Bethany and Ellie end the show with a very emotional tribute to the veterans in their lives.

For more information, visit the show notes at https://themoneymillhouse.com/salute-veterans-lacey-langford-military-money-show