According to at least one survey, as many as 80% of Americans prepare a budget.

Even if you don't believe that statistic, it's probably safe to say that 80% of Americans have at least thought about having a budget. So, why don't they actually do it? You probably already know the answer: Because budgets are hard to stick to.

And why is so hard to stick to a spending plan? Because they feel so restrictive! Who wants to go on a dollar diet? Nobody.

How do we fix this? How do we convert from budget hater to budget lover?

Let's find out.

In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week, money and happiness guru Jason Vitug returns to talk about how you can learn to love budgeting. Jason has a new book out, Happy Money Happy Life, and he's ready to share some insight.

Remember, anything you hear on this podcast doesn't constitute financial advice. Always do your own research and consult your own experts before acting on anything you learn here.

You can watch this episode here, you can download the episode wherever you get your podcasts:
Listen on Apple Podcasts
Listen on Google Podcasts
Listen on Spotify

Don't forget to check out our podcast page for more episodes designed to help you make the most of your money and our YouTube page for more videos.

Also, don't forget to check out our podcast sponsor, Tellus, for the opportunity to supercharge your savings with an account backed by real estate. Use the code MONEYTALK and get a special APY for seven days with a $125 minimum deposit.

Financial values and money mindset

When setting a budget that works for you, start with your financial values and money mindset. Stacy talks about this in his book Life or Debt and we tackle the subject in this episode. We also have other articles about finding your values and improving your mindset at Money Talks News.

Discover a one-stop-shop for all your financial needs with MoneyTalksNews Solutions. Save money on car insurance, switch to a higher yielding savings account, simplify debt with consolidation options, and find the best travel credit card. Stay on top of tax debt, home equity lines of credit, mortgage refinancing, personal loans, and compare cellphone plans all in one convenient location. Visit the MoneyTalksNews Solutions page now.
How and Why to Pass On Financial Values to Your Heirs
5 Powerful Mental Tips to Accomplish Your Goals
9 Tips to Tackle Your Financial Goals and Still Have Fun
7 Actions to Take Now to Get the Life You Want
3 Mental Blocks Preventing Your Secure Retirement
What to Do If You're More Frugal Than Your Spouse
Set Financial Goals: It's the Secret to a Prosperous and Secure Future
How to Set Financial Goals for Short-, Medium- and Long-Term Prosperity

Create a budget and save money

One of the reasons to create a budget or spending plan is to allow you to do the things you want to do.

If you're looking for ways to save money and then redirect those resources, these articles can help:
How to Create a Realistic Retirement Budget
9 Small Expenses That Are Bleeding Your Budget Dry
4 Tips for Setting (and Sticking to) a Vacation Budget
4 Money Conversations to Have With Your Partner When You Budget
21 Items to Cut From Your Budget That You Won't Even Miss
10 Tips to Travel Abroad on a Budget (for Weeks at a Time)
9 of the Best Ways to Save Money on a Tight Budget
9 Small Splurges That Won't Break Your Budget
10 Ways to Change Bad Spending Habits and Save Money

Track your spending, manage your money and save for the future

Don't forget to visit our Solutions Center for links to tools that can help you make the most of your money. We also recommend the following tools:
WhistleOut: Save money by comparing mobile plans.
[link id="101" text="Acorns"]: Set aside money for goals using round-ups and automatic investing.
[link id="30" text="Stash"]: Invest toward your short-term and long-term goals
[link id="113" text="YNAB (You Need A Budget)"]: Set your budget and give every dollar a job.
[link id="244" text="PlayBook"]: Get a financial plan that helps you get the most from your money through helpful tax savings.

Meet this week's guest, Jason Vitug

Jason Vitug is an award-winning creator, author, speaker, entrepreneur, and producer. He is the founder of the personal finance website phroogal.com, creator of the Road to Financial Wellness, and champion of #theSmileLifestyle, a community devoted to experiential and purposeful living.

His TEDx about breaking the money taboo is one of the most viewed talks on money, and he recently released his second book, Happy Money, Happy Life.

Jason received his bachelor's at Rutgers University and MBA at Norwich University. He's an avid traveler, having been to all US states, explored 45 countries, and stepped foot on five continents. He is also a certified yoga teacher and breath work specialist.
Website
Twitter
Instagram

Don't listen to podcasts?

A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone, or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle.

You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS.

If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did!

About the hosts

Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

According to at least one survey, <a href="https://www.prnewswire.com/news-releases/americans-are-budgeting-now-more-than-ever--and-its-getting-them-out-of-debt-says-new-debtcom-survey-301296769.html">as many as 80% of Americans prepare a budget</a>.
Even if you don't believe that statistic, it's probably safe to say that 80% of Americans have at least thought about having a budget. So, why don't they actually do it? You probably already know the answer: Because budgets are hard to stick to.
And why is so hard to stick to a spending plan? Because they feel so restrictive! Who wants to go on a dollar diet? Nobody.
How do we fix this? How do we convert from budget hater to budget lover?
Let's find out.
In this week's podcast, host <a href="https://www.moneytalksnews.com/author/stacy/">Stacy Johnson</a> is joined by financial journalist <a href="https://www.moneytalksnews.com/author/mirandamarquit/">Miranda Marquit</a>. Listening in and sometimes contributing is producer <a href="https://www.moneytalksnews.com/author/aaronfreeman/">Aaron Freeman</a>. This week, money and happiness guru Jason Vitug returns to talk about how you can learn to love budgeting. Jason has a new book out, <a href="https://www.phroogal.com/happy/">Happy Money Happy Life</a>, and he's ready to share some insight.
Remember, anything you hear on this podcast doesn't constitute financial advice. Always do your own research and consult your own experts before acting on anything you learn here.
You can <a href="https://youtu.be/KEa3m8_ZxEA">watch this episode here</a>, you can download the episode wherever you get your podcasts:
<ul>
<li>Listen on <a href="https://podcasts.apple.com/us/podcast/money/id1465774878">Apple Podcasts</a></li>
<li>Listen on <a href="https://www.google.com/podcasts?feed=aHR0cHM6Ly9hcGkucG9kY2FjaGUubmV0L3Nob3dzL2ViYzg4ZWYxLTczYmUtNDU4MC1hYmFiLTQ4M2FkYjQ0ZDA5Yy9mZWVk">Google Podcasts</a></li>
<li>Listen on <a href="https://open.spotify.com/show/4XzsoL58984FkzefrRay0c">Spotify</a></li>
</ul>
Don't forget to <a href="https://www.moneytalksnews.com/podcasts/">check out our podcast page</a> for more episodes designed to help you make the most of your money and <a href="https://www.youtube.com/@moneytalksnews">our YouTube page</a> for more videos.
Also, don't forget to check out our podcast sponsor, <a href="https://www.tellusapp.com/?irclickid=XOHz2%3A1Z8xyNTWC3QwVU8R2EUkAyQk3dUxXISc0&amp;irgwc=1&amp;irpartnerid=135586">Tellus</a>, for the opportunity to supercharge your savings with an account backed by real estate. Use the code MONEYTALK and get a special APY for seven days with a $125 minimum deposit.
Financial values and money mindset
When setting a budget that works for you, start with your financial values and money mindset. Stacy talks about this in his book <a href="https://www.amazon.com/Life-Debt-One-Week-Lifetime-Financial/dp/0345455649">Life or Debt</a> and we tackle the subject in this episode. We also have other articles about finding your values and improving your mindset at Money Talks News.
Discover a one-stop-shop for all your financial needs with <a href="https://www.moneytalksnews.com/solutions/">MoneyTalksNews Solutions</a>. Save money on car insurance, switch to a higher yielding savings account, simplify debt with consolidation options, and find the best travel credit card. Stay on top of tax debt, home equity lines of credit, mortgage refinancing, personal loans, and compare cellphone plans all in one convenient location. Visit the <a href="https://www.moneytalksnews.com/solutions/">MoneyTalksNews Solutions</a> page now.
<ul>
<li><a href="https://www.moneytalksnews.com/slideshows/how-and-why-to-pass-on-financial-values-to-your-heirs/">How and Why to Pass On Financial Values to Your Heirs</a></li>
<li><a href="https://www.moneytalksnews.com/powerful-mental-tips-to-accomplish-your-goals/">5 Powerful Mental Tips to Accomplish Your Goals</a></li>
<li><a href="https://www.moneytalksnews.com/9-tips-to-tackle-your-financial-goals-and-still-have-fun/">9 Tips to Tackle Your Financial Goals and Still Have Fun</a></li>
<li><a href="https://www.moneytalksnews.com/7-actions-to-take-now-to-get-the-life-you-want/">7 Actions to Take Now to Get the Life You Want</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/3-mental-blocks-preventing-your-secure-retirement/">3 Mental Blocks Preventing Your Secure Retirement</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/what-to-do-if-youre-more-frugal-than-your-spouse/">What to Do If You're More Frugal Than Your Spouse</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/set-financial-goals-its-the-secret-to-a-prosperous-and-secure-future/">Set Financial Goals: It's the Secret to a Prosperous and Secure Future</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/how-to-set-financial-goals-for-short-medium-and-long-term-prosperity/">How to Set Financial Goals for Short-, Medium- and Long-Term Prosperity</a></li>
</ul>
Create a budget and save money
One of the reasons to create a budget or spending plan is to allow you to do the things you want to do.
If you're looking for ways to save money and then redirect those resources, these articles can help:
<ul>
<li><a href="https://www.moneytalksnews.com/slideshows/how-to-create-a-realistic-retirement-budget/">How to Create a Realistic Retirement Budget</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/9-small-expenses-killing-your-budget/">9 Small Expenses That Are Bleeding Your Budget Dry</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/3-tips-for-setting-and-sticking-to-a-vacation-budget/">4 Tips for Setting (and Sticking to) a Vacation Budget</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/4-money-conversations-to-have-with-your-partner-when-you-budget/">4 Money Conversations to Have With Your Partner When You Budget</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/21-items-to-cut-from-your-budget-that-you-wont-even-miss/">21 Items to Cut From Your Budget That You Won't Even Miss</a></li>
<li><a href="https://www.moneytalksnews.com/10-tips-to-travel-abroad-on-a-budget-for-weeks-at-a-time/">10 Tips to Travel Abroad on a Budget (for Weeks at a Time)</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/the-best-ways-to-save-money-on-a-tight-budget/">9 of the Best Ways to Save Money on a Tight Budget</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/9-small-splurges-that-wont-break-your-budget/">9 Small Splurges That Won't Break Your Budget</a></li>
<li><a href="https://www.moneytalksnews.com/slideshows/10-ways-to-change-bad-spending-habits-and-save-money/">10 Ways to Change Bad Spending Habits and Save Money</a></li>
</ul>
Track your spending, manage your money and save for the future
Don't forget to visit our <a href="https://www.moneytalksnews.com/solutions/">Solutions Center</a> for links to tools that can help you make the most of your money. We also recommend the following tools:
<ul>
<li><a href="https://moneytalksnews.whistleout.com/CellPhones">WhistleOut</a>: Save money by comparing mobile plans.</li>
<li>[link id="101" text="Acorns"]: Set aside money for goals using round-ups and automatic investing.</li>
<li>[link id="30" text="Stash"]: Invest toward your short-term and long-term goals</li>
<li>[link id="113" text="YNAB (You Need A Budget)"]: Set your budget and give every dollar a job.</li>
<li>[link id="244" text="PlayBook"]: Get a financial plan that helps you get the most from your money through helpful tax savings.</li>
</ul>
Meet this week's guest, Jason Vitug
Jason Vitug is an award-winning creator, author, speaker, entrepreneur, and producer. He is the founder of the personal finance website <a href="http://phroogal.com">phroogal.com</a>, creator of the Road to Financial Wellness, and champion of #theSmileLifestyle, a community devoted to experiential and purposeful living.
His TEDx about breaking the money taboo is one of the most viewed talks on money, and he recently released his second book, Happy Money, Happy Life.
Jason received his bachelor's at Rutgers University and MBA at Norwich University. He's an avid traveler, having been to all US states, explored 45 countries, and stepped foot on five continents. He is also a certified yoga teacher and breath work specialist.
<ul>
<li><a href="http://www.phroogal.com/happy">Website</a></li>
<li><a href="https://twitter.com/jasonvitug">Twitter</a></li>
<li><a href="https://www.instagram.com/phroogal">Instagram</a></li>
</ul>
Don't listen to podcasts?
A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone, or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle.
You can listen to our latest podcasts <a href="https://www.moneytalksnews.com/podcasts/">here</a> or download them to your phone from any number of places, including <a href="https://podcasts.apple.com/us/podcast/money/id1465774878">Apple</a>, <a href="https://open.spotify.com/show/4XzsoL58984FkzefrRay0c">Spotify</a>, <a href="https://radiopublic.com/money-6rRgm9">RadioPublic</a>, <a href="https://www.stitcher.com/podcast/money-talks-news/money-104">Stitcher</a> and <a href="https://api.podcache.net/shows/ebc88ef1-73be-4580-abab-483adb44d09c/feed">RSS</a>.
If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did!
About the hosts
Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.
Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Money Talks News: The Podcast

How to Create a Budget You Love: 5 Things You Need to Know

https://api.omny.fm/orgs/67ee9ddc-11a3-4cec-841d-ac9a015d5b41/clips/473ff7a8-ca1a-4055-971c-af9d015f4d37/transcript

Transcript

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