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EPISODE 20 - Paycheque To Paycheque Paralysis (Patrice)
Money out did not equal money in. Patrice needed a plan to figure out where the money was going and to help reign in her spending. Patrice craved financial security but didn't have a penny in her savings account. It was now or never time for Patrice, I wanted her to break her bad habits and find financial balance.
Alison's recommendations:
- Open a no-fee savings account
- Open a retirement account as a financial safety net
- Read bills and track expenses with a budgeting software program
- Set up a payment plan to former partner to help pay for mutual financial obligations
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