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Latest / Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

Debt vs Savings, Savings Buckets, and Investing: Your Money Questions Answered | 599

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Budget besties, we’re back with another Q&A episode—and these questions are so good.

First, we’re helping an entrepreneurial couple decide what to do with a $15,000 launch payout when they also have $27,000 in debt and inconsistent income. Should they put the entire amount toward debt, or save it to cover future months?

Our answer: before moving the money anywhere, look at the full picture.

When both partners own businesses, we need three separate budgets:

Your business budget

Your partner’s business budget…

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