Smart Spending for Busy Women

Money Roots

About the Guest(s):

Kate Welker is a CERTIFIED FINANCIAL PLANNER® at Rooted Planning Group with a passion for helping individuals cultivate a thriving financial future. With a background in finance and a keen understanding of the importance of intentional spending, Kate provides valuable insights and guidance to clients seeking to achieve their financial goals.

Becky Eason is a CERTIFIED FINANCIAL PLANNER® at Rooted Planning Group. With years of experience in personal finance and strategic wealth management, she specializes in assisting busy professional women to manage their financial lives with confidence and clarity. Becky’s expertise spans various domains including savings, investments, budgeting, and planning, making her an invaluable resource for her clients and podcast listeners alike.

Episode Summary:

In this vibrant episode of Money Roots, Kate Welker and Becky Eason delve into the intricate world of personal finance for busy professional women. The episode emphasizes the importance of intentional spending to enhance quality of life, offering practical advice, relatable experiences, and expert insights to help you navigate your financial journey efficiently.

Kate and Becky kick off the discussion with the high costs and critical choices surrounding childcare. They outline the various solutions for managing this essential yet hefty expense, from leveraging family support to selecting the best daycare options. The conversation then flows into the benefits of outsourcing household services, acknowledging the relief of freeing up personal time by hiring help versus handling all tasks independently. The hosts also dissect meal planning strategies, from subscription services to grocery delivery, all tailored to support busy schedules.

Key Takeaways:

• Prioritize Intentional Spending: Focus on what brings joy and efficiency in your life, whether through convenience services or personal indulgences.
• Utilize Childcare Options: Explore all avenues for managing childcare expenses, including daycare, family support, and summer camps.
• Outsource Household Tasks: Hiring help for cleaning, laundry, and other chores can significantly improve work-life balance and reduce stress.
• Invest in Personal Care: Allocate funds for self-care activities like exercise, spa visits, grooming, and hobbies to maintain overall well-being.
• Plan for Travel and Entertainment: Budget for travel and entertainment to enjoy life’s experiences, embracing both everyday joys and occasional splurges.

Notable Quotes:

• "It's okay to spend money. Like, that's the part that I think today we want get into first, setting goals, really making sure you're achieving those." — Kate Welker
• "I will continue to work as hard as I need to did not have to do laundry." — Kate Welker
• "You are essentially buying time." — Becky Eason
• "Gym memberships and kind of circling back to childcare. A lot of gyms actually have childcare. So if you are able to find the time to go to the gym, you know, someone's there to watch your kids at a lot of spots. So a win win." — Becky Eason
• "For me, anywhere on or near the water is very relaxing." — Kate Welker

Resources:

• Follow the Rooted Planning Group on Facebook, LinkedIn, and Instagram for ongoing insights and resources.
• Explore meal delivery subscription options (such as HelloFresh, Blue Apron) for convenient meal planning.
• Look into personal care services like local gyms, spas, and salons to enhance your self-care routine.
• Plan and budget for leisure activities, including travel and entertainment, tailored to your personal interests and family enjoyment.

Engage in this insightful conversation to explore how intention and strategy in spending can lead to a richer, more fulfilling life. Tune in to discover more ways to nurture and grow your financial roots with Money Roots!