33. Budgeting Basics with Kenny Ingersoll of Revolution Financial Management

Kenny Ingersoll is a representative with Revolution Financial Management, which seeks to help people better their financial situation through education and awareness. On this episode of CFO at Home, Kenny and Vince discuss budgeting basics; budgeting for beginners, making a budget you can stick to, and more.

• Key Takeaways
  • How to budget for Beginners.
    • Budgeting simply means that you know where your money is going and you have a way to track it.
    •  The aim with budgeting is to be aware of your spending, plan for your expenses, and make sure you have enough saved to pursue your goals
    • A budget allows you to enact a strategy to help pursue your goals
    • Quick step-by-step guide on how to get your budgeting habit off the ground!
      • Track your expenses every day
      • Add up expenses every week and develop categories
      • Create a monthly list of expenses
      • Adjust your spending as necessary
      • Keep going

• • How To Make a Budget You Can Stick To
    • Some people love to live a life of thrift, for others, budgeting conjures up images of living in tents, foraging for nuts and berries in the woods, and sewing together everyone’s old t-shirts to make a blanket for grandma.
    • Simplifying the budgeting process can help in finding the happy middle
      • Use that smartphone.
      • Plan for unexpected expenses
      • Go with the flow

• Recommended resources: 
• • Dave Ramsey
  • Grant Cardone
  • Rich Dad Poor Dad

• Ways to contact/follow
  • https://kennyingersolltv.weebly.com/  
  • https://financialrevolution.com/jaleneingersoll  
  • https://anchor.fm/dreadnomondays 
  • https://www.linkedin.com/in/kennyingersoll/
  • https://www.instagram.com/kenny.ingersoll/
  • https://www.facebook.com/Kenny-Ingersoll-106023241133852

• Contact the Host - vince@thecfoathome.com