Budget Money

$40K in 10 Weeks!

We wrapped up our ten week Financial Peace University class this Tuesday! It was sure great. =D We had three couples and three single ladies and we just LOVED all of them!!!!

Between the 9 of them, they paid off $40049 in TEN weeks. They cut up !!!21!!! credit cards y’all!!! We have one couple who moved to Baby Step 3 during the class, we have another couple who will be on to Baby Step 3 in December and another by April!!!! We love what we do! =D

As a reminder, here are the Baby Steps:

    Save $1,000 for your starter emergency fund.
    Pay off all debt (except the house) using the debt snowball.
    Save 3–6 months of expenses in a fully funded emergency fund.
    Invest 15% of your household income in retirement.
    Save for your children’s college fund.
    Pay off your home early.
    Build wealth and give generously.

We are Ramsey Solutions Master Financial Coaches and we LOVE teaching Financial Peace University, though we only do it once a year during the fall. There are other ways to get our help if it’s something that’s been on your heart.

Financial Coaching / 2 meetings per month / $150 Learn More

Budget Like A Rockstar Workshop June 12 @ 8am. Tickets

Ideal Balance is The Life Coaching Facility in Navarre, Florida that focuses on Fitness, Family & Finance. We help our clients create the discipline & habits they need to strip off what’s holding them back from living the life God created them to live. We work with clients in 1-on-1 sessions in person and virtually as well as in Small Groups in Personal Training sessions, workshops and other events. We’re on a mission to inject hope and empower our community one client at a time. Contact us if you’d like to find out more.

Budget Generosity

Christmas Budget Planner

Do you know some of us act like we are surprised that Christmas comes on December 25th every single year? No it’s true! All of the sudden we panic both budget & time wise to get everything in by the deadline! You know, the deadline that comes on the same day every year?

This year we want to help you out. The amount you spend on Christmas can really get out of hand, especially when you consider party, decorations, teacher gifts and all the things we don’t always think about at first! We’re sharing this free Christmas Budget Planner to make this less panic-y!

So, let’s make a plan. Let’s be intentional. Let’s plan everything out and stay on track. When you have the funds to fund your plan, you’re able to give and celebrate in a generous spirit (rather than a stressed, Scroogey spirit). That’s the most fun way to celebrate!

Using this tracker will help you this year. But where the magic REALLY starts to work is when you sit down and plot everything out for next year. You go through everything you want to see & do & buy & have for the Christmas season, being sure to keep true to what’s most important about the season to you. After you determine that, add up all the categories of spending and come to your total sum. You’ll then take that number and divide it by 12. That dollar amount is now the amount you can set aside in a sinking fund each month in order to be ready to go by next Christmas! A sinking fund is a fancy accounting word that really just means a savings account with a purpose. So, unlike your long-term emergency fund which is also a savings account, the sinking fund is something you know almost exactly how much and when you’ll need to spend it.

So, take the planner to use for this season. Then print another copy and get serious about being ready to be generous and full of joy next season when you aren’t stressed about the Christmas plan or the funding of the Christmas plan!

Ideal Balance is The Life Coaching Facility in Navarre, Florida that focuses on Fitness, Family & Finance. We help our clients create the discipline & habits they need to strip off what’s holding them back from living the life God created them to live. We work with clients in 1-on-1 sessions in person and virtually as well as in Small Groups in Personal Training sessions, workshops and other events. We’re on a mission to inject hope and empower our community one client at a time. Contact us if you’d like to find out more.

Budget Money

The Car Payoff Dance!

What do you do when you pay off your vehicle?

~A HAPPY DANCE~ of course!

Listen as Jess explains why she paid off her 2015 Kia Sedona, how she paid off her van and how she felt when she did it!

As you can see with this video, we work with clients 1-on-1, virtually or in-person, to help them reach their financial goals!

What could you do with your car payment money?


September Debt Payoff

Ideal Balance was born on April 1, 2020. Kind of like an April Fool’s joke, but not really. The joke was on 2020 because even though it tried, it can’t keep us from doing what we’re called to do!

A big part of what we are called to do is help people get out of debt! We’ve been helping one client, one family at a time to get out of debt. In fact, our clients have met 2020 head on just like we have and they’ve CRUSHED debt! Check out the numbers below:

April $25,288

May $26,143

June $40,162

July $73,034

August $65,899

September $70,053

Those numbers represent credit cards being paid off and cut up. They also represent cars being paid off. They even represent mortgages being paid in full. They represent hundreds and thousands of dollars not being paid OUT each month for each family we help. That means more money in their pocket, less stress and more breathing room.

Since April, we’ve four separate families get debt-free. All in all, so far, our clients have paid off $300,579 since April! And we’re just getting started.

As a company, our goal is to hit $1,000,000 by our 1 year anniversary next April.

If you want to be a part of that, we encourage you to sign up for a free 15-minute coaching call to see if we can help!


9 Reasons to Use Cash

Cash is one of the top tools that you can use to get your finances in order and win with money. We have 9 reasons to back that up, but we also know there are some myths about using cash that folks believe. We will debunk those in another post soon!

1. It’s a great accountability partner.

Cash is a great accountability partner. Say you’ve got $50 to last the week. As the week goes by you spend $5, then $10, $7 etc. Every time you reach in your wallet or envelope you have a real, honest accountability partner letting you know exactly where you stand on your budget.

2. It gives you more control.

You will feel more control with cash because it’s physically in your hand. You have your money, not the bank or creditors. Your personal spending won’t affect your bank, bills and other stuff as much. Banks made $11 billion in 2019 in overdraft fees. The less you’re in your account making debits, the less you’ll be paying those!

3. You will spend less.

Studies have proven that your brain doesn’t process the pain of losing money as much with a card as it does with cash. Because of this, you automatically spend less with cash. Likewise, when you only have a $20 bill to get the eggs, bananas and bread in the grocery store you know you do the math and make it work. Same situation but with a card will have you less math-concerned and you’re more likely to go over.

4. You can get a discount.

Very often if you present cash as your means of purchase you’ll be able to get a discount. It can also give you leverage to negotiate price!

5. It’s accepted everywhere.

Cash is the most universally accepted form of payment. Not ture with certain cards, right?

6. It helps out small businesses & service workers.

Small businesses pay a fee when you use debit cards or credit cards. Worse yet, sometimes they pass that fee on to you. Bummer either way. Likewise, servers are more likely to get their tips that night if you pay in cash rather than with a card. How nice of you!

7. You’ll improve your relationship with money.

When you pay for things with cash, you have a greater attachment, emotionally, to them. It’s true! A study in the Journal of Consumer research proved it. Moreover, by learning to use cash, you’ll develop a good relationship with money and perhaps start losing some of the baggage and stress you’ve built up over the years. Having cash, though it may not be much, definitely feels different. It feels like you’re not broke, the green proof is in front of you. Remember how you were as a kid when you earned cold, hard cash? Same, just in adultland. Having cash around is the way to start feeling more abundance about money rather than scarcity.

8. You will buy things you can afford and therefore stop running up debt.

Listen, if you’re paying for things with cash you know whether you can afford it. And it turns out cash is 100% debt free. So, using cash will help you if that is a goal you have.

9. You don’t have to ask permission.

So often we look at our bank account before making a debit purchase to make sure we have enough in the account. And when we try to use credit, we have to have our credit run. It’s almost like asking permission to buy something. And it’s not a great feeling, and it can feel a little disheartening or even embarrassing.

Ideal Balance is The Life Coaching Facility in Navarre, Florida focused on Fitness, Family and Finance. They offer 1-on-1 coaching sessions in person and virtually as well as group coaching, small group personal training and workshops each month. We exist to inject hope and empower people to live the life God created them to live. If you’d like to find out more about working with us, please fill out the contact form below!

Budget Money

Should you be funding a vacation right now?

Should you be funding a vacation right now? Good question.

We say yes. We say yes, specifically, because we know you work hard. In fact, a vacation is one of our favorite ways to spend our hard earned money intentionally. This is of course with the disclaimer that you can fund it out of your monthly budget! With that in mind, let’s dive into the how.

One of the best pieces of financial advice we give is to:

Fund your future instead of paying for your past.

This is an important concept that applies to every job your money does, but especially to your vacations! 
Sometimes folks go on vacations and they are stressed about each purchase, each meal, each bill. In their mind, the dollars are ringing up and they don’t really know how they are going to afford it when they get home. This person isn’t much fun during the vacation because they’re stressed. The family with this vacationer may not have as much fun either as they’re worried about whether the super-sized meal they order will set our money-stressed person off. The family then returns home with a bill racked up that they’ll be paying off for another year.
Contrast that with the family that goes on a vacation knowing that all they have to do is enjoy themselves. They’ve made a plan, they’ve funded the plan and all they’ve got to do is show up and enjoy the vacation they’ve worked so hard for. When they get back from vacation, they start dreaming about and setting aside money for the next one!
In this way, we can see how it’s possible to fund the future or pay for the past. 
When advising clients on funding a vacation, we tell them to create a plan for the cost and then set up a sinking fund. A sinking fund is kind of like a savings account, but with a specific purchase. A sinking fund pays for the big expenses in life we know are coming but we don’t want to go into debt to afford such as vacations, Christmas, new HVAC systems or even a new car. The way that sinking fund works is you take your expense and divide it by 12, the number of months in the year, and then you set exactly that amount aside in a special savings account. 
We also sometimes advise clients to “cash-flow” a vacation. For example, you might set aside enough money in your budget in one month to pay for airfare. The next month you might cash flow lodging. Next up you might purchase your venue/entertainment reservations. The month after that, you might purchase your food package. Finally, you’ll set aside how much cash you imagine you’ll need to comfortably get through the vacation.
With either method, you’ll be able to go and enjoy your vacation and bring back only memories rather than debt and stress. 

This is a little preview of what we do. We help clients create a budget & payoff debt. Want to set up a free, no-obligation 15 minute consultation?

Budget Money

Dos & Don’ts of Budgeting During Uncertainty

Right now there are a lot of things uncertain. What to do with your personal finances doesn’t have to be one of them. Grab your coffee and read about what to DO with your money and what NOT to do right now.


1. Create a budget for April.

We will always say that’s the priority, but right now it’s especially important. Let’s not ignore the numbers, let’s confront them. You will certainly need to tweak the numbers. Some things will be better (lower gas, less childcare costs), some may be worse (lower income). Just get it on paper.

2. Focus on NOW.

Many people are thinking about May or even September. That’s how overwhelm happens. Focus on the now! Let’s all get through April. No one knows really what’s coming anyway, it’s best to use our time & energy to make this month the best it can be.

3. Cover the four walls first.

This means food, shelter, transportation are the items you cover first in your budget. We’re not paying the credit card bill this month if it means we can’t afford to put food on the family table.

4. Control the controllables.

There’s so much you can’t control right now. You can’t control whether your get to leave your house, keep job and whether your kids are at home until August. And that’s just the beginning! So, let’s focus on what you CAN control.

You CAN control whether you get to work with what’s available. That may be side jobs or a job at Amazon or Target-they’re hiring. It may not be your chosen field, but we know you’ll do what it takes to take care of your family.

You can also be selling stuff or, at the least, simplifying your home during this time. Being productive and making your living space better are wonderful ways to process what’s going on.

You can control your attitude. You can control whether you help spread panic or spread hope.

Remember, the kids are watching. You can control how you frame this for them and how you take advantage of this time with them.


1. Don’t keep making extra payments.

We’re in storm mode, so we are going to pause being gazelle intense on paying off debt and instead pile up cash until the storm passes. Don’t worry, when everything gets “back to normal,” you’ll have a big pile of money to dump on debt.

2. Pull your money out of investments.

Don’t panic and pull your money from investments. You haven’t lost any money until you do that very thing! Plus, there are so many unintended consequences with doing so. So, just don’t do it!

3. Be willy nilly with your Emergency Fund. 

Right now, everything feels like an emergency. But it’s not, not necessarily. We are still going to ask our three questions before pulling money out of that emergency fund. Is it unexpected, is it necessary and is it urgent? Getting takeout isn’t. Even getting a new dishwasher isn’t. But, losing your job and needing to pay the electric bill somehow, YES! That’s an emergency fund. You need that emergency fund now more than ever, so be very discerning when using it!

This is a little preview of what we do. We help clients create a budget & payoff debt. Want to set up a free, no-obligation 15 minute consultation?