Setting financial goals and building our savings, with Single Mom CPA Michele Cagan

If there's a personal finance topic I'm happy to come back to again and again, it's budgeting.

Budgeting is the foundation, the very cornerstone of a great financial plan.

Like many things in the world of finances, it's simple, but rarely easy.

My guest today is Michele Cagan, a Certified Public Accountant on a mission to help other moms find secure financial footing.

Michele spent years working for one of the biggest accounting firms in the world, putting on a suit every day and trekking down to their Wall Street office, helping some of America's biggest and most successful companies grow their revenues and protect their assets.

When her son was born, she left the corporate world, and her life changed. She got divorced and there were times she couldn't make ends meet, and long periods where she lived paycheck to paycheck, desperately hoping no unexpected expenses would crop up… but they almost always did.

That's when Michele started Single Mom CPA, writing accessible financial books and articles for other single moms hoping to secure their financial freedom.

Her new book is Budgeting 101: From Getting Out of Debt and Tracking Expenses to Setting Financial Goals and Building Your Savings, Your Essential Guide to Budgeting. And in today's episode, we take a deep dive into budgeting - the dos and don'ts, and practical tips to get you on the right course with your money.

Here’s my conversation with Michele Cagan, author of Budgeting 101, in episode 381 of Informed Choice Radio.