How to Build Wealth on One Low Income with Caroline Vencil

#076 In today’s episode, I’m talking with Caroline Vencil, who is an expert living a full life on a tight budget-even as a family of six! We’re talking about how extreme saving can be a severe hang-up, the creative ways Caroline helped her family stick to the budget, and how being intentional makes spending money more fulfilling. (5:59) Why Caroline’s story of being a rich kid was more of a facade than reality (9:53) Hear the list of creative ways Caroline saved her family money on a low income (16:10) Learn the progression of making $10 an hour to 6 figures now (38:43) Caroline can’t stress the importance of budgeting for this line item enough (43:26) The non-traditional budget method Caroline uses that worked for her (54:44) Chelsea’s Top TakeawaysLooking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/carolineGrab your FREE Meaningful Money Kickstarter Guidehttps://smartmoneymamas.com/meaningful-money-goal-worksheet/

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Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.