Lizzy and Lissa break down the hidden costs – financial and otherwise – of budgeting. They talk about why budgets often fail, how different methods work for different people, and the emotional baggage that comes with managing money. Budgeting can be a source of empowerment or anxiety, depending on how it’s approached. This episode explores how to find a balance that actually works for real life.
Main Topics
00:00 Introduction
01:25 Running The Numbers Segment
05:37 Challenges and Tools for Budgeting
10:10 Different Approaches to Budgeting
13:31 Loose Budgeting
20:25 Building Financial Confidence
23:12 The Costs of Budgeting
24:48 Emotional and Relationship Impacts
29:12 Alternative to Traditional Budgeting
32:36 20 Cents Segment
References for Statistics
https://www.debt.com/research/best-way-to-budget/
https://www.intuit.com/blog/innovative-thinking/beyond-the-budget/
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok | LinkedIn
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
Hit us up, let us know what you think: IS IT WORTH IT? 💸
Disclaimer
This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.
Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!
