Captial Budget Strategies, LLC, Austin’s best Financial Coach, wants to help you put your budget on autopilot. We believe in using automatic withdraws, deposits and transfers to make your budgeting easier and therefore more successful. Our Austin Money Coach has many clients who are just too busy to make all the necessary financial moves every month. We help make it simple by showing you that all your financial transactions are either: (1) Regular monthly expenses
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How debt can a person carry before it is too much? Many Austin clients at Capital Budget Strategies, LLC, Austin’s Best Money Coach, ask this question. They always want to know if they are in “debt trouble.” First you must understand there is “bad” and “good” debt. Bad debt is borrowed money spent on things that decrease in value. For instance, a new car will decrease in value immediately and usually can only be sold
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Captial Budget Strategies, LLC, Austin’s best Financial Coach, has seen hundreds of ways couples handle their money. From one spouse “lending” money to the other and charging interest to spouses hiding new credit cards from one another, we have seen it all! We recommend combining forces into a family financial team to focus all your energy and cash on goals such as paying off debt, saving for retirement, a new car or the down payment
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Many of Capital Budget Strategies, LLC, Austin’s best financial coach, Austin clients ask why they need to know their net worth. The answer is your net worth is a quick and easy way to determine your true, current financial status. Plus, if your net worth is a negative number, you know to get very serious about paying off debt. To make it simple, suppose you have a huge garage sale and sold everything you own,
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Many of our Austin clients have good incomes, but cannot break the paycheck to paycheck cycle. Living like that causes major financial stress which affects all aspects of their lives. How to end living like this? One word: Budget! Budget it not a dirty word – you can, and should, teach it to your kids! What it means is that you create a plan where you do not spend more than you take in. Plus,
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Many Austin clients at Capital Budget Strategies, LLC, Austin’s best Financial Coach, ask whether they should pay off debt or contribute to their employer’s retirement program. The answer usually depends on two questions. Besides a mortgage and Government-subsidized school loans, Capital Budget Strategies, LLC is uber anti-debt. Our Finanical Coach usually recommends paying off all credit cards, car loans, personal loans, etc. before investing. But there are exceptions. Begin by answering two questions: QUESTION 1:
{…}I highly recommend working with Chuck to reach your financial goals. After just several meetings with him, my perspective on budgeting and managing money changed in such a positive way. The goals we set in our meetings were realistic and very effective. His service was affordable and I am so pleased with how much his advice has helped me.
Mr. Chuck Mitchell’s service was just amazing in many ways. His strategy was beyond my expectation, and, also was beyond advice that I previously had from other professionals. His strategy and encouragement certainly helped us to see how we can be debt free within a year as we protect our assets. My husband and I were impressed not only because of his professionalism but also his genuine attitude of serving people who are in trouble
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Buying a house in Austin? The easy part is figuring out how much you can afford. The really hard part is sticking to your limit. Capital Budget Strategies, LLC, Austin best Financial Coach, has many clients in financial stress because they purchased “too much” house. One client built a new house with a pool, then could not even afford to go to the movies because of the steep mortgage. They want to move, but would
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Take this test to see if an Austin Finanical Coach could help you: (1) Do you have income that should cover your monthly expenses, but for some reason does not? (2) Do you have bills that you think about constantly, such as credit card debt or school loans? (3) Do you feel overwhelmed by your income, debts, bills and savings? (4) Are you confused by your finances? (5) At the end of the month, do
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