Can you imagine transforming your financial stress into financial stability?

This episode features Samantha Boardman, the brilliant founder of Spending Made Easy, who shares her expert advice on budgeting and creating a practical spending plan.

Samantha walks us through different budgeting methods, from the classic pen and paper to modern-day apps, shedding light on the strengths and weaknesses of each approach.

Her insights on facing financial realities and projecting future expenses are not to be missed.

We then move on to an essential tool: the spending plan. Samantha candidly discusses her personal methods for documenting expenses, calculating annual costs, and strategically overestimating expenses while underestimating income.

This segment is packed with practical advice on how to adjust spending habits to better anticipate financial shortfalls, and we dive into the mental health benefits of having a clear view of your finances.

Samantha also shares tips on making smart purchasing decisions and taking advantage of sales to optimise your financial health.

Lastly, we explore the profound benefits of a well-maintained spending plan, particularly in managing unexpected expenses.

Samantha highlights how financial tools like credit cards can be advantageous when used responsibly.

By understanding your income and expenses, you can achieve peace of mind and greater financial stability.

Tune in as Samantha Boardman and Ron Fiedler guide you towards mastering money management, helping you work towards a more secure and empowered financial future.

Chapter Summaries

(00:02) Managing Finances

Budgeting and managing finances in today's economy, using spending plans, facing realities, and seeking help.

(07:12) Creating a Practical Spending Plan

Creating a detailed budget and spending plan helps maintain financial stability, anticipate shortfalls, and make informed purchasing decisions.

(16:37) Achieving Stability Through Financial Planning

Having a spending plan can provide stability and peace of mind, and can lead to better financial outcomes.

(22:37) Mastering Money Management With Samantha Boardman

Optimize your finances with a spending plan and positive mindset, guided by practical tips and insights from Spending Made Easy.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525