131. The #1 Thing You Must Have to Make It on One Income.
episode
Budgeting With Confidence | God-Led Budgeting, How to Stick to Your Budget for Moms, Save Money, Manage Money, Money Habits and Routines, Money Mindset
22 min
1 speaker
2 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
How does Molly define the struggle of living on one income?
Hey mama, welcome to the One Income Family Podcast. Do you ever wonder how you're supposed to make it on one income? Like you're able to pay your bills and you get food on the table, but that's just simply surviving, right? I want more for you. I want more for your family. And I know that you want more for you and your family. And I want you to know that it is possible no matter how much income you bring in. So today I'm going to share with you five ways a budget can give you the life you're dreaming of. So go cuddle up with a nice warm drink, get comfy with them babies, and open your heart to God as we head into today's episode.
you find it hard to save or get out of debt are you constantly searching for ways to save money and live on a budget do you have big dreams only to be stopped by not sticking to your budget are you ready for financial freedom then you mama are in the right place welcome to the one income family podcast where you will learn what it looks like to budget on one income how to partner with God in your finances, how to budget in a way that's easy to stick to, and how to cut costs and save money all so that you can start building wealth. It is my mission to equip you with these tools so that you can live in abundance regardless of the amount in your account. Hey, I'm Molly, a budget coach for stay-at-home moms, and I know what it's like to struggle on one income.
I've lived paycheck to paycheck, relied on being frugal, and failed many budgets until I learned how to budget without tracking. This has allowed my family to pay off debt and build wealth all on one income. So if you are ready for financial freedom, then go grab that stroller, plug in those headphones, and let's get to it. Are you living paycheck to paycheck and you're sick of the inconsistency? I was you. We live the dreaded paycheck to paycheck lifestyle. We paid our bills first, which, you know, left us with inconsistent amounts each pay period to put towards everything else. It was hard to track. It was hard to save, but budgeting, I mean, it was just simply a nightmare. That is what I don't want you to have to deal with any longer.
It's time to get out of the paycheck to paycheck lifestyle that you are living. It's time to be able to start saving money and working with consistent amounts each time you sit down to budget, even if your income is inconsistent. It's time to book a budget audit so that you can achieve the financial piece that you are looking for. And all you have to do is email me at mollybanella at gmail.com with the subject line budget audit so that we can figure out the steps you need to take to get you from where you are to where you want to be. Again, shoot me an email at mollybanel at gmail.com. So that's M-O-L-L-Y, B as in boy, E-N-E-L-L at gmail.com with the subject line budget audit. I've always been a girl for a budget.
I love to create them. I think it's so fun. I even created such an elaborate interactive budget on... excel and i was super excited about it like there were so many parts that connected and different um tabs that just worked together so cohesively and all i had to worry about was just filling in numbers on the front page and it all just like flew together nice and easy and i loved it but it was tedious and it was time consuming to actually complete. So when my husband and I, we first became a one income family, I converted to the natural thing that just kind of comes with when you think you need to budget a simple way, which is living paycheck to paycheck, right? The paycheck to paycheck budgeting system, right?
where I would pay my bills first, buy groceries the following day, and then use what was left over, which I'm putting in air quotes, however we wanted to in the moment. We only made maybe $50,000 a year, and that was before taxes, so I'm not really sure what we actually made after taxes, but So, I mean, there really wasn't much left over, but that's still like the way we handled it. We didn't actually go, oh, let's save this money or what are we going to do in the future?
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Chapters
2 chaptersSpeakers
1 identifiedMore from Budgeting With Confidence | God-Led Budgeting, How to Stick to Your Budget for Moms, Save Money, Manage Money, Money Habits and Routines, Money Mindset
158. Financial Freedom During the Summer Even While Paying off Debt.
157. What Happened to My Budget After Having a Baby on One Income.
156. How a Budget Planner Helps You Stick to Your Budget.
155. 4 Things The Predictable Paycheck Planner Does That Other Planners Don’t.
154. It’s Launch Day! Do More With Your Money With the Predictable Paycheck Planner.
153. REVEAL DAY! My Favorite Budget Planner for 2026 and 5 Reasons You’re Going to Want One Too!