Expert Budgeting Tips from Allison Baggerly, Founder of Inspired Budget

Allison Baggerly, the founder of Inspired Budget and author of “Money Made Easy,” has a powerful story to share about how she and her husband paid off over $110,000 in debt in less than five years on two teachers’ salaries. Their secret? Budgeting.

When faced with the daunting reality of their debt, Allison felt defeated, ashamed, and guilty. But instead of giving up, she took small steps towards financial freedom. By paying off their smallest loans first and gradually working their way up, they were able to achieve their goal.

One of the key lessons Allison learned along the way was the importance of being realistic with your budget. It’s essential to track your actual spending and adjust your budget accordingly. Budgeting per paycheck, rather than by the calendar, can also make the process more manageable.

To create a simple, easy-to-follow budget, Allison recommends starting with a mini-budget. Take stock of your current financial situation, set clear goals for what you want to achieve, and be honest with yourself about your spending habits.

By following Allison’s expert advice and avoiding common budgeting mistakes, you too can take control of your finances and work towards a debt-free future. So, if you’re ready to take the first step towards financial freedom, start budgeting today with Allison Baggerly’s tips.