Listen in as Samantha Boardman, founder of Spending Made Easy, joins us to unpack the transformative power of a spending plan over the often-dreaded "budget." Samantha and I discuss the psychology behind financial terminology and how a simple shift in language from "budget" to "spending plan" can foster a more proactive and enjoyable approach to managing money.

With the cost of living on the rise and wages remaining stagnant, we explore practical strategies for not just meeting monthly expenses but potentially creating a surplus, all while nurturing a healthier financial mindset.

Throughout our conversation, Samantha offers valuable insights on setting up a spending plan that accommodates fluctuating expenses and the benefits of separating finances into different accounts.

We highlight the importance of flexibility and technology in maintaining financial health and even touch on how organised spending can simplify loan applications.

The episode rounds off with a discussion on the annual DIY Financial Accountability Plan, which provides a structured yet supportive approach to personal and business financial management. Join us and learn how to make financial planning less about restriction and more about empowerment.

Chapters Summary

(00:02) Spending Made Easy

Nature's impact on our finances and mindset, and how reframing our approach can lead to a positive experience.

(09:55) Financial Planning for Personal Budgeting

Managing fluctuating expenses with a spending plan, separate bank accounts, technology, and organized finances for loans.

(15:21) Annual DIY Financial Accountability Plan

Spending Made Easy offers monthly accountability calls and expands to help businesses implement spending plans.

CREDITS

Host: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Producer: Ron Fiedler Podcast City.

Web: podcastcity.com.au

Email: info@podcastcity.com.au

Phone: 08 8121 4448