035 Budget Problems Solved: Introducing The iCASH System™ episode artwork

EPISODE · Mar 2, 2025 · 1H 4M

035 Budget Problems Solved: Introducing The iCASH System™

from Service and Wealth · host Ted E.

Trick question (or is it?): what's the first step in budgeting? If you said "put down your income," or "list my regular expenses from biggest to smallest," you're 100 percent WRONG. No effective Personal Financial Plan or budget can start this way, because it's ignoring what's important to you. There's no goal or road map for it. You're just writing down a bunch of numbers and tracking them each month. The only way you will ever be able to Take Control of Your Finances and accomplish your financial goals requires you start with your own personal Mission Statement. You know, just like a standard CONOP in the military! You've got to have a clear picture of your PURPOSE for doing this in the first place, and the only way to know that is through a goal-setting process. The Military Wealth Coach's iCASH System™ solves this most common budget problem by starting with a goal-setting process: "Identify Dreams and Goals." By starting here, you'll see that the things you dream of, the things and experiences you really, really want to have someday, are going to cost money -- and to have enough, you have to start saving now. iCASH™ transforms budgets from a system to cut back or deprive yourself of things you want now into a SMART savings plan that will help you afford all the major things you want in life! Tune in this week to learn how to get started with iCASH™, then head over to our blog for more including downloadable worksheets that you can use to follow along. Better yet, set up a call with The Military Wealth Coach and we'll help you get started today! Don't miss an episode: subscribe today on Apple or Spotify today, and opt-in to our weekly newsletter by signing up HERE! Time is almost up to pre-order our mini-course, "Financial Freedom in the Military" and get FREE access to the course when it launches!!! Sign up here: https://www.militarywealthcoach.com/joinus For a complete library of our episodes, blog posts, and more, visit www.militarywealthcoach.com, and follow us on all the socials by searching for Military Wealth Coach or @mwc112358.

Episode metadata supplied by the publisher feed · Published Mar 2, 2025

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035 Budget Problems Solved: Introducing The iCASH System™

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This episode was published on March 2, 2025.

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Trick question (or is it?): what's the first step in budgeting? If you said "put down your income," or "list my regular expenses from biggest to smallest," you're 100 percent WRONG. No effective Personal Financial Plan or budget can start this way,...

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