In this episode of Spending Made Easy, Ron Fiedler sits down with budgeting expert Samantha Boardman to explore the crucial topic of distinguishing between wants and needs.

Sam explains that "needs" are the basics essential for survival—food, shelter, and water—while "wants" are non-essential items like the latest gadgets or extra shoes.

Sam suggests that the key to managing finances is shifting your mindset, rethinking how you categorise these purchases, and considering whether something is a genuine need or just a passing desire.

As we move further into the conversation, Sam offers practical advice for balancing indulgences with responsible budgeting.

By setting aside a fixed amount each week—whether it’s $20 or $100—listeners can enjoy the occasional treat without derailing their financial goals.

The idea is to plan for these wants, rather than impulse-buying, ensuring your spending aligns with your overall financial strategy. Sam encourages listeners to consider how future-proofing your financial plans can make space for small indulgences without neglecting essentials.

Here are short chapter summaries for the podcast episode on "Wants vs Needs," with one-line explanations and time stamps:

Chapter Summaries

Defining 'Wants' and 'Needs'(02:31 - 06:00)

Clarification of the key differences between essential needs and discretionary wants.

- Why It’s Important to Know the Difference (06:01 - 09:00)

Explaining how understanding the difference can help with budgeting and financial freedom.

- Strategies for Managing Wants in Your Budget (09:01 - 13:00)

Practical advice for balancing non-essential desires within a responsible financial plan.

- Real-Life Examples of Wants vs Needs (13:01 - 17:00)

Examples of everyday spending decisions illustrate the difference between wants and needs.

Overcoming Emotional Spending (17:01 - 21:00)

Discussing how emotions can influence our spending choices and tips for staying disciplined.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

In this episode of Spending Made Easy, Ron Fiedler had the pleasure of welcoming Samantha Boardman, the founder of Spending Made Easy, back to the show.

Our focus today was on celebrating success stories—real-life examples of how effective budgeting and mindful spending have transformed lives.

Samantha shared some of her favourite success stories, starting with a long-term client named Paula.

After transitioning from another budgeting organization that charged her $20,000 in fees, Paula embraced the DIY approach offered by Spending Made Easy.

With just six months of support and guidance, she became empowered to manage her own spending plan.

The results were remarkable: Paula upgraded her car, installed solar panels, renovated her house, and even started her own business. This story exemplifies the long-term impact of adopting effective spending habits.

We also discussed the common traits among successful clients, highlighting the importance of being open to new ideas and recognising that there may be better methods than their current practices.

Samantha emphasised that the Spending Made Easy tool is a game changer, allowing clients to project their financial future and make informed decisions.

Another inspiring story came from a recent client who, as a single mother of three, initially felt overwhelmed and considered taking on a second job.

However, after following the spending plan, she discovered she didn't need the extra income and instead found herself in a position to pay off her mortgage faster.

This client expressed her joy at being able to manage her finances effectively for the first time, breaking free from the cycle of debt that often plagued her during the holiday season.

Throughout our conversation, we touched on the diverse clientele that Samantha serves, from single parents to high-income earners, and even pensioners.

We discussed how the spending plan can be tailored to meet the needs of various demographics, including young people just starting their financial journeys.

Samantha shared a heartwarming story of a mother who gifted her daughter a spending plan as a wedding present, illustrating the value of financial literacy from an early age.

As we wrapped up the episode, I was reminded of the profound impact that a well-structured spending plan can have on mental health and overall well-being. Samantha's insights reinforced the idea that taking control of one's finances is not just about numbers; it's about empowering individuals to live their best lives.

If you're interested in learning more about how to take control of your spending, I encourage you to reach out to Samantha Boardman at Spending Made Easy.

You can contact her at 0404 468 525 or visit spendingmadeeasy.com.au for more information.

Remember, every big change starts with a small step, so don't hesitate to take that first step towards better financial habits. Thank you for tuning in, and I look forward to our next episode!

Chapter Summaries

00:01:35 - Celebrating Success Stories

00:02:02 - Paula's Transformation

00:03:13 - Why Clients Stay with Spending Made Easy

00:03:59 - Common Traits of Successful Clients

00:05:13 - Another Inspiring Success Story

00:06:27 - Breaking the Cycle of Debt

00:08:03 - The Impact of Mindful Spending

00:09:44 - Spending Plans for All Walks of Life

00:11:30 - The Importance of Professional Guidance

00:12:44 - Budgeting for Pensioners and Young Adults

00:16:08 - Setting Up Young People for Financial Success

00:17:54 - Client Engagement and Support

00:20:02 - The Value of a Spending Plan

00:22:35 - Conclusion and Contact Information

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

In this episode of Spending Made Easy, with hosts Ron Fiedler and Sam Boardman Samantha shares her expertise on how creating a personalised plan can reduce financial stress, empower individuals to take control of their money and align spending with future goals.

From preparing for annual events like Christmas to managing unexpected expenses like car repairs, Samantha demonstrates how a spending plan provides clarity and confidence.

Listeners will discover practical insights into scheduling payments, managing income frequencies, and planning for future expenses.

Samantha also addresses common financial challenges, such as "waiting for payday" anxiety and money-related arguments in relationships.

Whether you're single, part of a family, or managing a business, this episode is packed with actionable advice to make your money work for you.

Transcript Summaries

1. [1:12 - 2:00] Samantha discusses the emotional relief a spending plan provides, enabling people to manage their money without stress or overwhelm.
2. [2:05 - 3:26] Samantha explains how a spending plan helps align income with expenses, covering wants, needs, and unexpected costs like car repairs.
3. [4:30 - 5:50] The conversation dives into budgeting for special occasions, such as Christmas, to avoid financial strain during the festive season.
4. [6:10 - 7:20] Samantha shares practical strategies for managing varying income frequencies and aligning spending habits with financial goals.
5. [8:45 - 9:55] The duo explores how spending plans reduce conflicts over money in relationships by creating shared financial understanding.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Can you imagine transforming your financial stress into financial stability?

This episode features Samantha Boardman, the brilliant founder of Spending Made Easy, who shares her expert advice on budgeting and creating a practical spending plan.

Samantha walks us through different budgeting methods, from the classic pen and paper to modern-day apps, shedding light on the strengths and weaknesses of each approach.

Her insights on facing financial realities and projecting future expenses are not to be missed.

We then move on to an essential tool: the spending plan. Samantha candidly discusses her personal methods for documenting expenses, calculating annual costs, and strategically overestimating expenses while underestimating income.

This segment is packed with practical advice on how to adjust spending habits to better anticipate financial shortfalls, and we dive into the mental health benefits of having a clear view of your finances.

Samantha also shares tips on making smart purchasing decisions and taking advantage of sales to optimise your financial health.

Lastly, we explore the profound benefits of a well-maintained spending plan, particularly in managing unexpected expenses.

Samantha highlights how financial tools like credit cards can be advantageous when used responsibly.

By understanding your income and expenses, you can achieve peace of mind and greater financial stability.

Tune in as Samantha Boardman and Ron Fiedler guide you towards mastering money management, helping you work towards a more secure and empowered financial future.

Chapter Summaries

(00:02) Managing Finances

Budgeting and managing finances in today's economy, using spending plans, facing realities, and seeking help.

(07:12) Creating a Practical Spending Plan

Creating a detailed budget and spending plan helps maintain financial stability, anticipate shortfalls, and make informed purchasing decisions.

(16:37) Achieving Stability Through Financial Planning

Having a spending plan can provide stability and peace of mind, and can lead to better financial outcomes.

(22:37) Mastering Money Management With Samantha Boardman

Optimize your finances with a spending plan and positive mindset, guided by practical tips and insights from Spending Made Easy.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Join us as we explore the world of budgeting with Samantha Boardman, the founder of Spending Made Easy.

In this episode, we highlight how Spending Made Easy stands out from other budgeting tools and apps by empowering individuals to manage their finances independently.

Samantha explains the importance of a spending plan that is separate from your bank account, ensuring that users can organise their finances securely without direct bank links.

We also discuss the personalized support and guidance offered by the service, ensuring users never feel alone in their financial journey. Security is a top priority, with measures in place to keep your data encrypted and safe.

Listen in as we discuss the versatile Spending Planner program, designed to cater to various financial needs with packages that range from six-month support plans to DIY options.

Whether you have multiple bank accounts or are already proficient at budgeting, Spending Made Easy offers a seamless and efficient solution to financial planning.

Samantha highlights the ongoing $20 monthly subscription that provides continuous access to the software and personal support, making financial management accessible and straightforward.

This episode promises to provide valuable insights and practical tips to simplify your budgeting and spending plans.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Can prioritise your savings over spending transform your financial future?

Join us as Samantha Boardman from Spending Made Easy shares her personal journey and expert advice on managing money effectively.

Discover how automating your savings can foster financial discipline and ensure consistent growth.

Samantha offers practical tips like the 10% rule and reveals the psychological adjustments necessary to thrive on a fixed spending amount after setting aside your savings, helping you achieve lasting financial health.

In the second half of our conversation, we tackle the all-important distinction between necessities and luxuries in your spending habits.

Samantha debunks the myth that sales always lead to savings and emphasises the importance of a well-structured spending plan.

Learn how to differentiate between wants and needs to create better financial habits and safeguard your future. Samantha also discusses the role of emergency funds and how to adapt your financial strategies to life's major events.

Plus, get introduced to the versatile features of Spending Made Easy's software, designed to help you manage your finances seamlessly across different currencies.

Tune in and equip yourself with the knowledge to make informed financial decisions!

Chapter Summaries

(00:03) Mastering Savings and Spending Habits

Nature's spending habits, prioritising savings, and psychological impact of fixed spending amounts for financial stability.

(12:47) Understanding Spending Habits and Savings

Distinguish between necessities and luxuries, create a spending plan, have an emergency fund, and use Spending Made Easy software for effective financial management.

Highlight Timestamps

(02:25 - 03:07) Importance of Saving First

(06:46 - 07:11) Changing Times and Budgeting Challenges

(09:59 - 11:33) Effective Savings Habit Transformation

(15:10 - 17:10) Planning for Future Financial Security

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Budgeting is Crap." Yes, you read that right. Samantha Boardman, the founder of Spending Made Easy, joins us to discuss her provocatively titled book.

Despite the focus on budgeting, Samantha believes traditional methods are too restrictive and negative. Instead, she promotes the idea of a spending plan that offers a more positive and effective approach.

She shares her journey with money management since childhood and how her innovative methods have helped clients revolutionsze their financial lives.

Get ready for some life-altering budgeting tips straight from Samantha's book. We talk about actionable strategies for those restarting their financial journeys and hear a powerful story of transformation from one of her clients who overcame homelessness and addiction.

Discover the incredible benefits of financial organisation, including better sleep, improved mood, and overall well-being.

Samantha's real-life examples and practical advice will show you how easy it is to stay on track and course-correct, even in tough economic times. Don't miss this empowering and insightful conversation!

Chapter Summaries

(00:02) Budgeting Made Easy

Samantha Boardman's book "Budgeting is Crap" challenges traditional budgeting and promotes a positive approach to creating a spending plan.

(11:05) Life-Changing Budgeting Tips

Budgeting is Crap provides actionable takeaways for financial success, with real-life examples and benefits for overall well-being.

Book Link: https://mailchi.mp/1b695bd41560/book-free

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525

Are rising credit card debts and inflation rates making it harder for you to manage your finances?

Join us as we sit down with financial expert Samantha Boardman from Spending Made Easy to unravel the complexities of today's economic challenges.

As Australia sees a surge in insolvencies and inadequate pay raises, Samantha sheds light on why more people are relying on credit as a financial safety net.

Tune in to learn practical strategies for prioritizing essential expenditures like rent, groceries, and healthcare, while trimming down on non-essentials. Samantha provides actionable advice on auditing personal finances and making smarter financial choices to help you navigate these turbulent times.

Financial security isn't just for the wealthy, and even high earners can find themselves in financial trouble without proper planning.

Discover the importance of creating a spending plan, facing financial realities, and utilising support packages with Samantha's expert guidance.

Hear real-life examples and practical tips on how to adapt to your current financial situation, ensuring a more stable future.

Don't miss this opportunity to gain valuable insights and take control of your financial destiny.

For personalised advice, connect with Samantha Boardman at Spending Made Easy via 0404 468525 or visit spendingmadeeasy.com.au.

Chapter Summaries

(00:03) Struggling With Day-to-Day Finances

Samantha Boardman and Ron Fiedler discuss financial struggles, credit card use, inflation, and practical steps for taking control of finances.

(10:21) Planning Ahead for Financial Success

Financial planning and budgeting are crucial for future security, regardless of income level. Support packages and adapting to current situations are also important.

(16:03) Navigating Financial Struggles With Samantha

Nature's financial challenges and strategies for stability discussed with Samantha Boardman from Spending Made Easy.

Host and Producer: Ron Fielder

Web: podcastcity.com.au

Email: ron@podcastcity.com.au

Mobile: ‭0491 633 320‬

Co-Host: Samantha Boardman

Web: spendingmadeeasy.com.au

Email: hello@spendingmadeeasy.com.au

Mobile: 0404 468 525