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:
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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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Veterans helping veterans. The Financial Coach at Capital Budget Strategies, LLC, Austin’s best Financial Coach, is a retired U.S. Army Colonel, a graduate of the United States Military Academy, Airborne / Ranger qualified who earned two Bronze Stars during 28 serving in Iraq. Our Austin Money Coach is also an attorney with an MBA who is currently enrolled in the Certified Financial Planner (CFP) Program at the University of Texas in Austin. After the military,
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The holidays are over and it’s time to measure the damage they caused to your finances. Capital Budget Strategies, LLC, Austin best Financial Coach, has seen many clients go deep, or deeper, into debt over Christmas gifts. One client, already heavily in debt, spent $1,000 on gifts for her children. The kids had a great holiday, but now Mom is struggling to pay for it all. Next year, wouldn’t it be nice to have all
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Happy New Year! Now let’s look at your finances. Capital Budget Strategies, LLC, Austin’s best Financial Coach, asks 4 questions: Question 1: Do you carry a credit card balance? Question 2: Do you have a car loan? Question 3: Do you have a personal loan? Question 4: Do you suffer from financial stress? If you answered YES to any of these questions, you spent money you did not have. Those things that you thought you
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Give the best holiday gift in Austin this year – the cure for financial stress. Do you, or someone you know, make a decent income but still can’t get your finances straight? Does opening up credit card or school loan statements make you nervous? Do you worry about your finances constantly? Are you way too busy to figure everything out? For $149, Capital Budget Strategies, LLC, Austin’s best Financial Coach, will meet with you and
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The Financial Coach from Capital Budget Strategies, LLC recently worked with a family with serious debt issues. The couple were in their 50s with no retirement savings and a minus net worth. Both parents had good jobs and the three teenage children were thinking about college. We sat down in their kitchen and reviewed all their financial statements, including their pay stubs, credit card and bank statements, car payments, mortgage, utilities, groceries, etc. Together, we
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Have a good income, but still feel financially stressed? You are not alone! Many people in Austin have a great job, a nice car and live in a cool (at least they think so) apartment, condo or house. They swim at Barton Springs, have cocktails on Rainey Street and cannot wait until the next SXSW. Life is great, right? Well, almost. Even though they make a good income, many people are still struggling financially at
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