Are you ready to budget like a boss? In this episode, we sit down with money coach Lexi Smith to chat about the B-word budgeting, breaking it all down so you can get control over your finances!



Lexi takes it back to basics for us. Budgeting is working out where we stand and what we want to achieve and coming up with a plan to get there. She explains that budgeting does not have to be hard - the hardest part is often starting.



First of all, work out the categories for your budget.  Lexi gives us the most common categories, so grab a pen and note them down!  She also helps us work out what to do about those often-forgotten categories like Christmas and holiday spending. Lexi also has a really nifty trick which will help you save time and make sure your budget is accurate - bank statements (and how to download them!).



Most importantly, there is no one size fits all budget - it’s about working through the different methods of budgeting so that you can find the one that works for you. One method that might work for you (and used by Lexi’s clients!) is the Traffic Light Activity. This helps you work out your needs and wants and put a stop to unwanted spending habits! Lexi also breaks down the 50-30-20 and zero-based budgeting methods, as well as how mindful and intentional spending can help you move closer to your goals!



Finally, Lexi takes us through the mistakes she sees people making with both their budgeting (and spending!) and the differences between a money coach and a financial planner.



Get your pen and paper ready ladies because this one’s a goodie!





Resources mentioned:



The Bucket Method by Barefoot Investor by Scott Pape



90 days - Rachel Cruze



Apps: WeMoney / Frollo 



Clutterbug



CONNECT WITH LEXI SMITH



Website:  https://moneyvine.com.au/

Instagram: @moneyvine.au

Facebook group: https://www.facebook.com/groups/savvysisterssociety





CONNECT WITH LADIES FINANCE CLUB

Join our free facebook group - Ladies Finance Club Money Chat



Website: https://www.ladiesfinanceclub.com/

Instagram: https://www.instagram.com/ladiesfinanceclub/

LinkedIn: https://www.linkedin.com/company/ladies-finance-club/

Are you ready to budget like a boss? In this episode, we sit down with money coach Lexi Smith to chat about the B-word budgeting, breaking it all down so you can get control over your finances!
 
Lexi takes it back to basics for us. Budgeting is working out where we stand and what we want to achieve and coming up with a plan to get there. She explains that budgeting does not have to be hard - the hardest part is often starting.
 
First of all, work out the categories for your budget.  Lexi gives us the most common categories, so grab a pen and note them down!  She also helps us work out what to do about those often-forgotten categories like Christmas and holiday spending. Lexi also has a really nifty trick which will help you save time and make sure your budget is accurate - bank statements (and how to download them!).
 
Most importantly, there is no one size fits all budget - it’s about working through the different methods of budgeting so that you can find the one that works for you. One method that might work for you (and used by Lexi’s clients!) is the Traffic Light Activity. This helps you work out your needs and wants and put a stop to unwanted spending habits! Lexi also breaks down the 50-30-20 and zero-based budgeting methods, as well as how mindful and intentional spending can help you move closer to your goals!
 
Finally, Lexi takes us through the mistakes she sees people making with both their budgeting (and spending!) and the differences between a money coach and a financial planner.
 
Get your pen and paper ready ladies because this one’s a goodie! 
 
Resources mentioned:
 
<a href="https://www.barefootinvestor.com/barefoot-steps/step-2-set-up-buckets">The Bucket Method</a> by Barefoot Investor by Scott Pape
 
<a href="https://twitter.com/RachelCruze/status/1485728364644253699">90 days</a> - Rachel Cruze
 
Apps: <a href="https://www.wemoney.com.au/">WeMoney</a> / <a href="https://frollo.com.au/app/">Frollo </a>
 
<a href="https://www.youtube.com/channel/UC_ldgDzMaFzAEHEnIjSlWoA">Clutterbug</a>
 
CONNECT WITH LEXI SMITH
 
Website:  <a href="https://moneyvine.com.au/">https://moneyvine.com.au/</a>
Instagram: <a href="https://www.instagram.com/moneyvine.au/">@moneyvine.au</a>
Facebook group: <a href="https://www.facebook.com/groups/savvysisterssociety">https://www.facebook.com/groups/savvysisterssociety</a>
 
CONNECT WITH LADIES FINANCE CLUB
Join our free facebook group - <a href="https://www.facebook.com/LadiesFinanceClub/">Ladies Finance Club Money Chat</a>
 
Website: <a href="https://www.ladiesfinanceclub.com/">https://www.ladiesfinanceclub.com/</a>
Instagram: <a href="https://www.instagram.com/ladiesfinanceclub/">https://www.instagram.com/ladiesfinanceclub/</a>
LinkedIn: <a href="https://www.linkedin.com/company/ladies-finance-club/">https://www.linkedin.com/company/ladies-finance-club/</a>

Welcome to the Ladies Finance Club, where we talk to some of the best money experts in the country. We’ll chat about how you can get started investing fast, how to get out of debt and how to get onto that property ladder. Plus, some really simple ways you can manage your money (in minutes), and how to save thousands on your bills.

We know that when women are financially empowered we change the world. We create better lives for our families, community and environment. Not only that - young women investors are driving the shift to more sustainable investments.

I'm so happy to have you here with me and I hope it really really helps you take action towards your money goals. Especially if your head has been in the sand about your money for a long time. Ladies, it’s time to get money savvy!

Welcome to the Ladies Finance Club, where we talk to some of the best money experts in the country. We’ll chat about how you can get started investing fast, how to get out of debt and how to get onto that property ladder. Plus, some really simple ways you can manage your money (in minutes), and how to save thousands on your bills.
We know that when women are financially empowered we change the world. We create better lives for our families, community and environment. Not only that - young women investors are driving the shift to more sustainable investments.
I'm so happy to have you here with me and I hope it really really helps you take action towards your money goals. Especially if your head has been in the sand about your money for a long time. Ladies, it’s time to get money savvy!

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