On Boys Podcast

“Debt Free Mom” (aka Carly Hill) knows that family finances can be a fraught topic.Yet family finances affect every aspect of family life: A family’s stress level, as well as housing, education, and recreational choices. Family finances play into decisions such as rec sports or travel team? Private school or public school? And, of course, our attitude and money habits affects our children as well. Our boys learn a lot about money management — both good and bad! – from us.On Budgeting & Money Management“A budget is simply a tool, a way to arrive at an outcome that’s not going to happen by accident,” Carly says.Step one in budgeting (or creating a money plan) is to understand the gap — either positive or negative — between your income & expenses. “Any financial goal that we have is all going to be driven by the gap between our income and our expenses.”You may not have a financial cushion; your expenses may regularly exceed your income. That’s stressful. And stress and overwhelm can cause us to freak out