Your college days are over and your collared days have begun. Congrats on your first job! Welcome to Austin rush-hour traffic! When should you start saving and where should your “new” money go? Sorry, it is time to be an adult about your finances. Here are the basic rules about just starting out: Step 1. STOP USING CREDIT CARDS. Remember, if you can’t pay cash for something, you can’t afford it. Have one credit card
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Chuck went over every aspect of my finances. His strategies for helping me tackle debt and build budgets made me confident in my financial situation. He made sure to take all possible expenses into account and was patient with me while we came up different ways I could save. It shows that he truly cares about his clients and I’m so glad to be able take control of my finances again. I highly recommend going
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Tracking your student loans can seem impossible. Some graduates accepted separate loans for each semester, which means they now have to track 8 separate loans. With so much going on right after graduation (new apartment, new job, a new family, new city, new car, etc.), it is very easy to forget paying one or two loans every month. We have had clients who had no idea how many loans they had, how much they owed,
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My meeting with Chuck was great! He helped me come up with a strategy to get out of debt in a short amount of time, which was something I truly didn’t see as possible before our meeting. He answered all of my questions, and he was extremely patient as I tried to understand everything. I highly recommend using Capital Budget Strategies for assistance in developing your next financial plan!
Thank you for helping create a path for success for me financially…. The world is blessed to have people like you.
Next to buying a house, a car is probably the most expensive item you will purchase. Here are 9 recommended steps to take when buying your next car: 1. If you have any other outstanding loans (credit cards, school loans) those should be your focus. Don’t let yourself get overwhelmed with another monthly payment for a car loan. 2. Review your budget to see how much you can honestly afford to pay each month. If
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Next to buying a house in Austin, a car is probably the most expensive item you will purchase. Yet, we will put more thought into buying a blender than an automobile. Think about it, if we find a suitable blender for $30, we would not consider another model for $45. Yet, when buying a car, we agree to every upgrade, including the unnecessary undercoating and $200 floor mats. Unfortunately, at Capital Budget Strategies, LLC, our
{…}It was so helpful for us to just sit down with you and get on the same page, both psychologically and financially. It’s really illuminating to really see where our money goes vs where we would like it to go. I’ve also been using your quote to my friends, “every dollar has a job”. Thanks again and looking forward to doing the work!
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We had a client who owed $200,000 in undergraduate school loans. Not for Harvard, Yale or Columbia, but a Texas university with in-state tuition. That is $50,000 a year (9 months actually) for a 19 year old. Yikes. His monthly payments, if he paid them, were $2,300. When we asked how the loans grew so large, he said, “I really enjoyed my college life.” When we asked a friend, whose son was a senior at
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It is the middle of August parents, have you packed your kids bags yet? Millions of students will be heading back to colleges and universities in the next few weeks. Are you confident they can face the financial challenges of school loans, rent, parking, shopping, meal plans, car insurance, laundry, books, school supplies and phone bills on their own? Are they ready for the real life? The great majority of our clients complain about never
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