Everyone's Talkin' Money Reset for Fall: Cash Flow, Emergency Fund, Sinking Funds + a No-Stress Budget. Back-to-School, Back-to-Budget Series (Part 2 of 4)
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Sep 9, 2025 Get ready for a financial reset this fall! Discover how to conduct a quick cash-flow audit and identify hidden spending leaks. Learn the importance of emergency funds and how sinking funds can help you budget for upcoming expenses. Weigh the pros and cons of debt payoff strategies, like snowball versus avalanche, tailored to your lifestyle. Plus, implement a weekly money check-in to avoid panic mode. Perfect your budgeting skills for holiday spending and kick off a mindful fall financial journey!
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Three Money Vital Signs
- Financial health rests on three basics: cash flow, savings rate, and debt management.
- Control these and external forces like markets matter far less.
Do A One-Month Cash-Flow Audit
- Pull one full month of statements from every account to find true cash flow.
- Include checking, savings, credit cards, PayPal, Venmo, and irregular income averages.
Categorize Expenses Honestly
- Categorize every expense as Needs, Wants, or Wishes to see where money goes.
- Be honest and include things that prevent household chaos as needs when appropriate.