Episode 22: Tightening Your Budget Belt
We all need to tighten our budget belts to save money at times, and it begins with remembering the differences between necessary and nice-to-have spending.
Kathy Longo, CFP®, CAP®, CDFA®Whether it's due to a change in income or simply a decision to prioritize savings goals, we all need to tighten our budget belts sometimes and the new year is a perfect time to get started. While it's not easy to change your spending habits, it begins with reminding yourself of the difference between necessary spending and those purchases that are simply nice to have. In this episode, I share a simple practice that can help you take control of your spending and gain the confidence to meet your budget goals.
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About the Author
Kathy Longo, CFP®, CAP®, CDFA®
Kathy Longo brings over 25 years of expertise and experience to Flourish Wealth Management. Kathy is wholly dedicated to improving the life of each client and finds joy in making complex matters simple and easy to understand. She excels at asking the right questions, uncovering new possibilities and implementing the most advantageous strategies for success. Playing such a pivotal role in her clients’ lives remains an honor and a privilege. After earning a degree in Financial Planning and Counseling from Purdue University, she began her career at a small firm in Palatine, Illinois where she worked directly with clients while learning to build a viable, client-centric business. Over the years, she gained extensive knowledge and wisdom working as a wealth manager, financial planner, firm manager and business owner at notable, various sized companies in both Chicago and Minneapolis.
