Episode 5 Show Notes

Welcome to the first part of our four-part series on budgeting! In this episode, we dive into the fundamentals of family budgeting. We’ll explain what a family budget is, why it’s crucial for financial health and management, and provide a step-by-step guide on how to build an effective family budget.

Plus, we have a special treat for you – we are sharing with you the exact template that we’ve been using and evolving to manage our family budget for the past 10+ years!

Click the link below to download our budget template for FREE!

https://bit.ly/3zbq7hK

Use this budget template and follow our 6 step budgeting process to help you get started on your budgeting journey.

1. Gather information
2. Have the conversation: Setting financial goals (e.g., saving for emergencies, paying off debt, saving for college).
3. Identifying sources of income (e.g., salaries, side hustles, investments).
4. Tracking monthly expenses (e.g., housing, utilities, groceries, entertainment).
5. Put the information and projections into a budget template
6. Adjust the budget over time

We’d love to hear from you!

• Have questions or tips about budgeting? Share them in the comments below or on our social media channels!
• Let us know how the budget template works for you and any adjustments you made.

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Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

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