Imagine a future where you're living comfortably because you made smart decisions about your retirement savings now. That's the promise we're making in today's episode of the Savvy Budget Girl podcast. We're exploring the reasons you might be tempted to dip into your retirement savings early and why you should resist it. We're also distinguishing between taking a loan and withdrawing from your retirement account and the potential tax implications.

Have you heard of the term 'hardship withdrawal'? We explain what the IRS considers a hardship and the conditions that might allow one to access funds without penalty. But remember, always consult with a tax advisor. We then move on to the subject of 401k loans, dissecting the allure of quick cash and the pitfalls that come with it. It's all about equipping you with the knowledge to make the best financial decisions for your future.

Ready to launch your podcast for fun and profit? Click the link below or contact me on IG at @savvybudgetgirl!

Resources from today's episode:

https://www.fidelity.com/viewpoints/financial-basics/taking-money-from-401k

https://www.debt.org/retirement/401k-loan/

https://www.investopedia.com/financial-edge/1112/average-cost-of-an-american-christmas.aspx

https://wendycoop.as.me/podcastlaunch

Recorded live at Podcast Movement 2023 in Denver!

Are you constantly racing against time, feeling like budgeting is a luxury you can't afford? You needn't compromise your financial health due to time constraints, and I'm here to show you how. Welcome to this episode of Savvy Budget Girl, where we discuss practical, time-efficient budgeting strategies that can work for even the busiest individuals.

We delve into the benefits of a zero-based budget and the pitfalls of leaving money unallocated. Whether you're a techie who loves using budgeting apps like Mint and YNAB, or you prefer the old-school pen-and-paper method, we've got tips for you. We also discuss the merits of automatic savings, the 50-30-20 rule for budgeting, and techniques like cash envelopes for discretionary spending. And if you're a foodie, we've got some smart advice on meal planning and grocery shopping that can help you avoid splurges and save more. Tune in to take control of your finances today!

Complete show notes at http://savvybudgetgirl.com

Recorded live at Podcast Movement 2023 in Denver!

Are you exhausted by living paycheck to paycheck and constantly worrying about your finances? What if I told you there's a simple yet powerfully effective method you can use to break free from this cycle? Welcome to this episode of Savvy Budget Girl, where I shine a spotlight on the art of zero-based budgeting. This budgeting style is perfect for beginners, empowering you to assign a job to every dollar you earn and gain a handle on your finances. I'll also delve into the secrets of combining this model with the cash envelope system.

Excited to pay off debts and start building generational wealth? Zero-based budgeting is your ticket to achieving these financial goals faster. In this episode, I walk you through the process of creating a zero-based budget that aligns with your financial aspirations. Let's take this journey together and make your money work harder for you. Remember, financial freedom is just a podcast episode away!

Subscribe to the YouTube channel and join me in revolutionizing the way we handle our hard-earned cash.

Complete show notes available at https://savvybudgetgirl.com

Looking to make $100 a day in 2023? If so, then you're in the right place! In this video, I'll share top money-making tips for the year that will help you boost your income! ******Grab your free money tracker at http://trackingmycoins.com

Read the blog post:
https://savvybudgetgirl.com/how-can-i-make-100-a-day/

Join this channel to get access to the perks:
https://www.youtube.com/channel/UCYGV-NQ1qM0RX6GIrzf89pw/join

Get a budget audit for a special price!
https://wendycoop.ck.page/products/budget-audit

Buy the merch!
http://savvybudgetmerch.com

Buy me a coffee:
https://www.buymeacoffee.com/savvybudgetgirl

You can also visit the Etsy shop!
https://www.etsy.com/shop/SavvyBudgetGirlTV

This video is NOT sponsored. Some product links are affiliate links, meaning if you buy something we'll receive a small commission.

📒 Show Notes + Resources📒

Back to School Shopping:
https://amzn.to/443HNqa

Read my latest book, “Budgeting for Women”
https://amzn.to/3oqWP6a

Get up to two free audiobooks by trying Audible Plus:
https://amzn.to/3bhg2Ea

A7 Pink Cash Wallet from @baddiesandbudgets
https://wendycoop.com/a7pinkwallet

Grab your Budget Binder Supplies!
https://amzn.to/3un7S3q

Apply for a Capital One Secured Card:
https://capital.one/3zZvKfV

Build your credit with a Self account:
https://self.inc/refer/10777328

Come save money on Fetch with me! Sign up w/ code VQ4E8R & get bonus pts: https://referral.fetch.com/vvv3/referraltext?code=VQ4E8R

1️⃣ YNAB (You Need a Budget)
https://wendycoop.com/ynab

2️⃣ Cash Envelope Wallet (like in my videos)
https://amzn.to/3xqXp94

Get the wallet in black:
https://amzn.to/3Nzq8Qh

3️⃣ Qube Money (digital cash envelopes)
https://tracking.qubemoney.com/SH2F

4️⃣ Budget binder on Amazon
https://amzn.to/3RZdACQ

Boost your videos with vidIQ:
https://vidiq.com/wendycoop

Here’s where I learned all about YouTube:
https://wendycoop.com/vra

Here are the ways to work with me:
⚡️FREE Tracker: Download your FREE Money Tracker at http://trackingmycoins.com

Connect with Savvy Budget Girl
https://instagram.com/savvybudgetgirl

QUESTION — Have a question about personal finance, budgeting, or making money? Post in the comments section of this video!

Disclaimer: I am not a financial advisor; this is simply what works for my family and me and how I like to budget. Please see the link for our disclaimer policy for all of our videos on the Savvy Budget Girl channel. https://savvybudgetgirl.com/privacy-policy

Do you feel lost in the convoluted world of student loans? It's time to clear the fog and understand what the recent Supreme Court's rejection of President Biden's student loan plan entails for you. As someone who has navigated this labyrinth, I share my journey, which includes default, a resurge through the Fresh Start program, and articulating how to get ready for the recommencement of payments.

Get ready to decode the cryptic terminologies and understand the implications of subsidized versus unsubsidized loans. Learn how to find out your loan interest rates and tips on budget planning. If you're still in school or struggling with a financial crisis, discover available options, including income-driven repayment, loan consolidation, and official deferment or forbearance. This episode equips you with the knowledge and resources to face your student loans head-on, so stop fretting and start planning.

******Grab your free money tracker at http://trackingmycoins.com

Get a budget audit for a special price!
https://wendycoop.ck.page/products/budget-audit

Read the blog:
https://savvybudgetgirl.com

Buy the merch!
http://savvybudgetmerch.com

Buy me a coffee:
https://www.buymeacoffee.com/savvybudgetgirl

You can also visit the Etsy shop!
https://www.etsy.com/shop/SavvyBudgetGirlTV

This video is NOT sponsored. Some product links are affiliate links, meaning if you buy something we'll receive a small commission.

📒 Show Notes + Resources📒

Back to School Shopping:
https://amzn.to/443HNqa

Read my latest book, “Budgeting for Women”
https://amzn.to/3oqWP6a

Get up to two free audiobooks by trying Audible Plus:
https://amzn.to/3bhg2Ea

A7 Pink Cash Wallet from @baddiesandbudgets
https://wendycoop.com/a7pinkwallet

Grab your Budget Binder Supplies!
https://amzn.to/3un7S3q

Apply for a Capital One Secured Card:
https://capital.one/3zZvKfV

Build your credit with a Self account:
https://self.inc/refer/10777328

Come save money on Fetch with me! Sign up w/ code VQ4E8R & get bonus pts: https://referral.fetch.com/vvv3/referraltext?code=VQ4E8R

1️⃣ YNAB (You Need a Budget)
https://wendycoop.com/ynab

2️⃣ Cash Envelope Wallet (like in my videos)
https://amzn.to/3xqXp94

Get the wallet in black:
https://amzn.to/3Nzq8Qh

3️⃣ Qube Money (digital cash envelopes)
https://tracking.qubemoney.com/SH2F

4️⃣ Budget binder on Amazon
https://amzn.to/3RZdACQ

Connect with Savvy Budget Girl
https://instagram.com/savvybudgetgirl
https://tiktok.com/@savvybudgetgirl

Tune in for a debt confession update and find out what happened to my Capital One card...so embarrassing! ******Grab your Budget Binder Supplies! ➡️ https://amzn.to/3un7S3q


Want to be on the channel and have your budget audited for FREE? Book an appointment at the link below:
https://wendycoop.as.me/audit

Read the blog:
https://savvybudgetgirl.com

Fresh Start Program for student loans:
https://studentaid.gov/announcements-events/default-fresh-start

Buy the merch!
http://savvybudgetmerch.com

Buy me a coffee:
https://www.buymeacoffee.com/savvybudgetgirl

You can also visit the Etsy shop!
https://www.etsy.com/shop/SavvyBudgetGirlTV

This episode is NOT sponsored. Some product links are affiliate links, meaning if you buy something we'll receive a small commission.

📒 Show Notes + Resources📒

Read my latest book, “Budgeting for Women”
https://amzn.to/3oqWP6a

Get up to two free audiobooks for trying Audible Plus:
https://amzn.to/3bhg2Ea

Apply for a Capital One Secured Card:
https://capital.one/3zZvKfV

Build your credit with a Self account:
https://self.inc/refer/10777328

Come save money on Fetch with me! Sign up w/ code VQ4E8R & get bonus pts: https://referral.fetch.com/vvv3/referraltext?code=VQ4E8R.

1️⃣ YNAB (You Need a Budget)
https://wendycoop.com/ynab

2️⃣ Cash Envelope Wallet (like in my videos)
https://amzn.to/3xqXp94

3️⃣ Qube Money (digital cash envelopes)
https://tracking.qubemoney.com/SH2F

4️⃣ Budget binder on Amazon
https://amzn.to/3RZdACQ

Here are the ways to work with me:
⚡️FREE Tracker: Download your FREE Money Tracker at http://trackingmycoins.com

Connect with Savvy Budget Girl
https://instagram.com/savvybudgetgirl

A short and sweet episode this week on how I ALMOST got another credit card. Yikes! Enjoy the story!

Join the FREE Community!
https://www.facebook.com/groups/financialeducationinitiative

HYSA recommendations:

https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts

Read the blog:

https://savvybudgetgirl.com

Buy the merch!

http://savvybudgetmerch.com

Buy me a coffee:

https://www.buymeacoffee.com/savvybudgetgirl

You can also visit the Etsy shop!

https://www.etsy.com/shop/SavvyBudgetGirlTV

This video is NOT sponsored. Some product links are affiliate links, meaning if you buy something I'll receive a small commission.

📒 Show Notes + Resources📒

Read my latest book, “Budgeting for Women”

https://amzn.to/3oqWP6a

Get up to two free audiobooks for trying Audible Plus:

https://amzn.to/3bhg2Ea

Apply for a Capital One Secured Card:

https://capital.one/3zZvKfV

Build your credit with a Self account:

https://self.inc/refer/10777328

Come save money on Fetch with me! Sign up w/ code VQ4E8R & get bonus pts: https://referral.fetch.com/vvv3/referraltext?code=VQ4E8R.

1️⃣ YNAB (You Need a Budget)

https://wendycoop.com/ynab

2️⃣ Cash Envelope Wallet (like in my videos)

https://amzn.to/3xqXp94

3️⃣ Qube Money (digital cash envelopes)

https://tracking.qubemoney.com/SH2F

4️⃣ Budget binder on Amazon

https://amzn.to/3RZdACQ

Here are the ways to work with me:

⚡️FREE Tracker: Download your FREE Money Tracker at http://trackingmycoins.com

Connect with Savvy Budget Girl

https://instagram.com/savvybudgetgirl

Emergency Funds: Your Financial Safety Net! 🚀 Discover the superpower that can shield you from unexpected financial woes in our latest episode. We'll unravel the importance of emergency funds and equip you with the tools to build your own fortress of financial security. From smart savings strategies to choosing the right account, we'll guide you step-by-step to create and maintain your safety net. No capes required, just practical tips and expert advice. Don't let unexpected expenses catch you off guard! Tune in now and empower yourself with the superhero strength of an emergency fund!

Join the FREE Community!
https://www.facebook.com/groups/financialeducationinitiative

HYSA recommendations:

https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts

Read the blog:

https://savvybudgetgirl.com

Buy the merch!

http://savvybudgetmerch.com

Buy me a coffee:

https://www.buymeacoffee.com/savvybudgetgirl

You can also visit the Etsy shop!

https://www.etsy.com/shop/SavvyBudgetGirlTV

This video is NOT sponsored. Some product links are affiliate links, meaning if you buy something I'll receive a small commission.

📒 Show Notes + Resources📒

Read my latest book, “Budgeting for Women”

https://amzn.to/3oqWP6a

Get up to two free audiobooks for trying Audible Plus:

https://amzn.to/3bhg2Ea

Apply for a Capital One Secured Card:

https://capital.one/3zZvKfV

Build your credit with a Self account:

https://self.inc/refer/10777328

Come save money on Fetch with me! Sign up w/ code VQ4E8R & get 2,000 pts: https://referral.fetch.com/vvv3/referraltext?code=VQ4E8R.

1️⃣ YNAB (You Need a Budget)

https://wendycoop.com/ynab

2️⃣ Cash Envelope Wallet (like in my videos)

https://amzn.to/3xqXp94

3️⃣ Qube Money (digital cash envelopes)

https://tracking.qubemoney.com/SH2F

4️⃣ Budget binder on Amazon

https://amzn.to/3RZdACQ

Here are the ways to work with me:

⚡️FREE Tracker: Download your FREE Money Tracker at http://trackingmycoins.com

Connect with Savvy Budget Girl

https://instagram.com/savvybudgetgirl