BiggerPockets Money18 Mar 2022

284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again

Travel budgeting, sky-high gas prices, and “free” utilities are coming up in this month’s episode of Carl and Mindy’s Spending Summary. Like many Americans, Carl and Mindy didn’t have the easiest time sticking to their March budget. With rising food, gas, and utility prices, it may seem that your budget is squeezing you more and more as the months go on.

This month, Carl and Mindy touch on their biggest budget busters and wins, plus why budgets are meant to be adjusted when life permits. Carl and Mindy have been publicly tracking their budget and have found it to be a little trickier than they originally thought. That being said, both of them agree that if you have the financial means to do something you love, it’s probably worth the extra money for a once-in-a-lifetime experience.

If you’ve felt strained while expense tracking and budgeting throughout the start of 2022, just know that two of the most respected voices in the financial space also stumble from time to time. If you make a mistake, overspend, or forget to track your expenses, get back on track, hit your goals, and keep chasing financial freedom!

In This Episode We Cover

What happens when a big expense bursts your budget early

Optimizing your budget so you have breathing room when prices go up

Offsetting your electricity bill with solar and siphoning off some free natural gas

Downsizing your costs and reviewing utility bills so you only spend on what you need

Travel budgeting and keeping extra money to build life-long memories

Conferences where you can find Carl and Mindy in 2022!

And So Much More!

Check the full show notes here: https://www.biggerpockets.com/blog/money-284

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