Along the way Scott has learned a lot about real estate investing, and purchased and managed several properties.
Then, an encounter with the founder of the BiggerPockets website led Scott to a job with the company, and eventually, a chance to steer it as the CEO. From there, Scott became interested in using real estate to build his personal wealth and reach financial independence earlier in life. Money Mustache blog, which advocates frugality and saving a large percentage of your income to achieve financial independence. Scott started his working career like many business college graduates, working at a large company as a financial analyst.
Sign up for a free 34-day trial of YNAB at Jesse chats with Scott Trench, CEO of BiggerPockets and a real estate investor, about how people can get started with real estate investing and build more wealth. Food is a very personal thing, and many factors play into the food choices people make (allergies/restrictions, location, busy lifestyle, food availability, etc), so keep your eyes on your own plate.Ī few of Erin's favorite cooking and food-related YouTube channels: Frugal Fit Mom: See Mindy Mom: Ardent Michelle: You Suck at Cooking: Glen and Friends Cooking:
Erin offers tips for making grocery shopping simpler, avoiding unnecessary purchases, and making strategic "fun" food purchases (like frozen pizzas) for those days when you just don't feel like cooking.Īs Erin reminds us, your family's grocery bill is personal! It's tempting to want to compare yourself to others, or to an average, but the best strategy is to start with where you are and find ways to adjust from there. With prices on the rise, many people are tightening their budgets, and groceries are a common line item of concern. Long-time YNAB team member Erin returns to the podcast to discuss strategies for managing your grocery budget. You just need to provide proof of enrollment. Learn to be OK with not having a perfect budget, and know that you will only get better at it over time.Ĭollege students can use YNAB for a year FOR FREE. Things change a lot from freshman to senior year - work/study opportunities open up, off-campus housing becomes available, you might want a car - and you can expect your budget will too.
Secondly, be prepared to roll with the punches and go with the flow. You're always going to spend more on food than you think, she says, so your budget should reflect that. Then you can get a realistic picture of what a college budget should look like. Try just tracking your expenses for a month, and get some data about your spending habits. The most important thing for college students, she says, is to just get started with YNAB. She's also learned some lessons about careful budgeting living in some of the most expensive cities in the world, like London. Since discovering YNAB Mackenzie has traveled throughout Europe, and has come up with some unique strategies for managing her budget in a variety of currencies: the British pound, the euro, and US dollars. all thanks to YNAB and embracing the four rules while a young college student.
International student of mystery Mackenzie is financially wise beyond her years.