10. Using the Debt-Free Method to Help You Save Money
Manage episode 367756146 series 3452383
Being able to pay off debt is amazing, but what about being able to save money for those unexpected circumstances that arise?
Having a savings account can not only help you have money for things that come up, but it can also help keep you out of debt.
In this episode of the Debt-Free CEO Podcast, I share tips and strategies on how to save money, and emphasize the similarities between paying off debt and building a savings. I want to encourage you to learn from my experiences and implement better money management techniques into your own lives.
It is important to have an emergency fund and a budget to spend less than what is earned to ensure financial stability and the ability to allocate funds toward specific goals.
In this episode I share:
- Building a savings account that will help you out in financial emergencies
- How everything comes back to your budget
- You have to be making more than you are spending
- Tips to building a savings while you are still going debt-free
Visit the Show Notes:
Resources:
- Ditch the 9-5 and Go Debt-Free
- Finances as a Freelancer: How to pay yourself monthly
- Free Budget Template
- Free Training: How to Start Your Freelancing Business to go Debt-Free
- Passion to Profit and On to Debt-Free Workbook
Connect with Megan:
- Follow on Instagram @meganmendez__
- Website - meganmendez.com
- Join The Debt-Free CEO FB Community - The Debt-Free CEO Community
- Email - info@meganmendez.com
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