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23. What is a Zero Based Budget?
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In this episode, we discuss the power of a zero-based budget for debt payoff. I explain how to create a zero-based budget and emphasize the importance of setting savings goals and managing high-interest debts. Mindset and self-compassion are key factors in successful budgeting.
Check out previous episodes for more resources and download my free printable budget template to start your journey to financial freedom. Let's achieve our goals together in 2024.
In this episode I share:
- Understanding the concept of a zero-based budget
- Setting boundaries on unnecessary expenses to stay on budget
- The importance of daily budget check-ins and tracking expenses
- The benefits of zero-based budgeting for debt payoff
Visit the Show Notes:
Related Episodes:
- 14. Debt Repayment Strategies: Debt Avalanche Method vs. Debt Snowball Method
- 22. Money Mindset and Strategy with Jen Paterson
Resources:
- Free Budget Template
- Start your digital marketing business today
- Ditch the 9-5 and Go Debt-Free
- Finances as a Freelancer: How to pay yourself monthly
- 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 @thedebtfreeceo
- Website - meganmendez.com
- Join The Debt-Free CEO FB Community - The Debt-Free CEO Community
- Email - info@meganmendez.com
- Pinterest - pinterest.com/meganmendez__/
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