How This Single Mom Stopped Using Credit Cards and Paid Off $31K of Debt With a Simple Budget System | 575
6/5/202628 min
Curious? Take The Free Money Stress Quiz!
Ready? Buy Our Simplified Budget System Now!
When Sarah first found Financial Coaching for Women, one phrase stopped her in her tracks:
"You make good money but have nothing to show for it."
As a single mom, Sarah felt like she should have been further ahead financially. She was earning more than ever before, but still felt stuck. Credit cards, unexpected expenses, and a lack of a clear system kept her spinning her wheels.
Fast forward less than a year and Sarah has:
✅ Paid off nearly $32,000 of debt
✅ Stopped using credit cards completely
✅ Built multiple savings buckets
✅ Nearly paid off her home
✅ Created a financial future she's excited about
In this episode, Sarah shares exactly what changed, why the Budget Besties system finally clicked for her, and how she's teaching her 10-year-old daughter lessons about money that she wishes she had learned earlier.
If you've ever felt like you're making good money but can't seem to get ahead, this episode is for you.
In This Episode We Discuss:
- Why traditional budgeting methods never worked for Sarah
- The simple checking account change that transformed her spending
- How savings buckets helped her stay out of debt
- Paying off nearly $32,000 in less than a year
- Becoming mortgage-free and what that means for her future
- Why credit cards kept pulling her back into debt
- Teaching kids healthy money habits
- The emotional cost of using debt
- Why budgeting is a journey, not a quick fix
Let’s Take Our Relationship To The Next Level:
1️⃣ Facebook Group ➡︎budgetbesties.com/facebook
2️⃣ Be on the Podcast ➡︎budgetbesties.com/livecall
3️⃣ Private 1-on-1 Coaching. ➡︎budgetbesties.com/coaching
This podcast is for educational and informational purposes only and is not personal financial, legal, or tax advice.
This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase.
Clips
Transcript preview
First 90 secondsSarah· Guest0:00
[gentle music] My daughter loves to spend. Like, she gets money in her hand, and it's like, "Mom, can we get to the store right now?" And so speaking on, like, just the, you know, passing this down, we did start, like she has many little savings buckets that she's, you know, she's earning money. She gets to spend half her money, which is a nice little chunk of it, and then, you know, she has tithe and we have like a savings, and then she's saving for certain things. And, and I told her, I was like, "You're probably gonna hate me now. I get it, 'cause I'm taking like half your money and, like, putting it in these other things," I said, "but when you are older, and you're making, like, real money, and you keep up with this, like, you will never have to struggle with a- the things that I've struggled with."
Vanessa· Host0:44
[upbeat music] Do you make good money but have nothing to show for it?
Shana· Host0:47
Are you tired of living paycheck to paycheck?
Vanessa· Host0:50
Do you have big dreams for your financial future?
Shana· Host0:52
Do you want to get debt-free, but you don't want to live on beans and rice?
Vanessa· Host0:56
When you don't want to give up those pumpkin spice lattes?
Shana· Host0:58
If you don't already know how to budget or if you're using credit cards to get through the month.
Vanessa· Host1:02
If you want to seem like you have your finances all together or you're not on the same page with your spouse when it comes to finances.
Shana· Host1:08
We know what you're doing probably isn't working. But guess what? You're in the right place. We're Shana.
Vanessa· Host1:14
And Vanessa. We're best friends, business partners, and master financial coaches trained by Dave Ramsey. We've been in business since 2019, helping hundreds of amazing people like you create budgets, get out of debt, stop living paycheck to paycheck, and know exactly what to do with their money.