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Episode Info: On this episode of 10 Minute Money Tips, I address a question that Ive been getting asked a lot lately - How to I budget for unexpected expenses? Topics Discussed In This Episode Why its important to start anticipating these unexpected expenses. How using an annual budget can help you plan. Why creating a new budget each month is crucial to your success. How creating carryover categories helps you plan. Using separate savings accounts to trick yourself into saving. The importance of an emergency fund and defining TRUE financial emergencies. How to analyze each expense and act rationally. Push Play! Links and Resources Mentioned: Ally Bank Annual Budget Template Monthly Budget Template (Paying on Debt) Monthly Budget Template (No Debt) Create a Budget Youll Stick With in 8 Steps Have a Small Emergency Fund Before Starting to Attack Your Debt andnbsp; *     *     *     *     * Want to get all new episodes delivered directly to your favorite device? Please subscribe (for free!) to your preferred method below: If youd like to use a method that isnt listed above, you can grab the RSS feed here. After listening to the show, please leave some honest feedback on iTunes by clicking here. Leaving feedback will help the show expand. This means additional questions to help you expand your knowledge! Thanks for listening! Transcript Hello my friend! Welcome to episode 10 of 10 Minute Money Tips. What I want to talk about today is actually it’s based off of a question that I get asked quite often and a lot of it comes from the newsletter that I send out, my free newsletter, which you can actually subscribe to by going to tmmt.co/newsletter and a lot of those questions come back with the same one and it’s this – how do I handle unexpected expenses. It appears that a lot of people want to get their finances in order, probably you as well, and it always seems that right when things are starting to look good, there’s always some sort of unexpected expense, whether that’s kid’s field trips, some family comes into town, etc, there’s always something that seems to just kind of set you back every month and I want to talk to you about those expenses today and kind of how to deal with them. The first thing I want to talk about is just plainly anticipating them. A lot of the expenses that many people, including yourself, may feel are unexpected expenses are actually the opposite. They are expected expenses. You just don
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