Debt Rebel Podcast: Personal Finance for Families

007 Maximizing Income and Minimizing Fees: A Path to Financial Freedom

In this episode, Julian discusses the various fees that can add up and impact our finances. She explains how fees are charged by banks and businesses for services like ATM withdrawals, online bill payments, and credit card transactions. Julian emphasizes the importance of understanding and avoiding these fees by creating a spending plan, knowing the fee schedules of our accounts, and utilizing free services like online bill pay. She also highlights common fees such as overdraft fees, minimum balance fees, monthly maintenance fees, stop payment fees, inactivity fees, and excessive transaction fees. Julian offers guidance on how to minimize fees and maximize income to achieve financial goals.
Takeaways
Fees charged by banks and businesses can add up and impact our finances.
Understanding and avoiding fees is important for financial well-being.
Creating a spending plan and knowing the fee schedules of our accounts can help minimize fees.
Utilizing free services like online bill pay can save money on convenience fees.
Common fees include overdraft fees, minimum balance fees, monthly maintenance fees, stop payment fees, inactivity fees, and excessive transaction fees.
Minimizing fees and maximizing income can help achieve financial goals.
Chapters
00:00 ATM Fees and Convenience Fees for Paying Bills Online
07:22 Avoiding Overdraft Fees and Managing Account Balance
09:07 Understanding Minimum Balance Fees and Monthly Maintenance Fees
10:16 Stop Payment Fees, Inactivity Fees, and Excessive Transaction Fees
18:15 Tips for Avoiding Fees and Maximizing Your Income
FREE RESOURCES:
Join the Debt Rebel Facebook Community: www.facebook.com/groups/jewlzthebudgetnerd
Build a Better Budget with the FREE 5-Day Challenge: www.jewlzthebudgetnerd.com
Disclaimer:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.

006 How to Set Financial Boundaries & Stick to Them

Summary:
In this episode, Julian Kohlbrand, also known as Jewlz The Budget Nerd, discusses the importance of setting financial boundaries. She compares managing finances to driving a car, emphasizing the need to be in control of our own financial decisions and not let others dictate them. Julian shares personal examples of setting financial boundaries, such as scaling back on social engagements and not giving gifts. She highlights the importance of communication when setting boundaries that may affect relationships. Julian also emphasizes the impact of financial decisions on children and the importance of teaching them healthy financial habits. She provides practical steps for setting financial boundaries, including having open conversations, identifying the reasons for making a change, creating a spending plan, and evaluating expenses based on their alignment with financial goals.
Takeaways:
Setting financial boundaries is crucial for taking control of your finances and making intentional decisions.
Communication is key when setting boundaries that may affect relationships.
Financial decisions and boundaries can have a significant impact on children's financial habits and future.
Identifying the reasons for making a financial change and staying focused on them can help maintain motivation.
Creating a spending plan that aligns with your financial goals and evaluating expenses based on their contribution to those goals is essential.
Chapters
00:00 Introduction: The Importance of Financial Boundaries
01:52 Taking Responsibility for Your Money
04:42 Communicating Financial Boundaries
09:53 Saying No to Financial Requests
13:32 Lessons Learned: The Day the Bank of Mom and Dad Closed
15:37 Steps to Setting Financial Boundaries
FREE RESOURCES:
Join the Debt Rebel Facebook Community: www.facebook.com/groups/jewlzthebudgetnerd
Build a Better Budget with the FREE 5-Day Challenge: www.jewlzthebudgetnerd.com
Disclaimer:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.

005 This Will Guarantee Financial Ruin

Jewlz the Budget Nerd discusses the negative impact of credit cards and the importance of eliminating debt.
She emphasizes that credit cards were not created to benefit consumers and that using them can lead to financial ruin.
Jewlz shares personal stories and insights on how to break free from the cycle of debt, including cutting up credit cards, creating a budget, and living within one's means.
She also highlights the difference between credit cards and debit cards and the importance of making conscious financial decisions for a better future.
FREE RESOURCES:
Join the Debt Rebel Facebook Community: www.facebook.com/groups/jewlzthebudgetnerd
Build a Better Budget with the FREE 5-Day Challenge: www.jewlzthebudgetnerd.com
For more info on financial coaching services, visit jewlzthebudgetnerd.com.
Facebook: Jewlz The Budget Nerd
Instagram: @jewlzthebudgetnerd
Pinterest: Jewlz The Budget Nerd
YouTube: Julian "Jewlz" Kohlbrand
Disclaimer:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.

004 ”It” Hit The Fan: Why You Need an Emergency Fund and How to Get it in Place

In this episode, Jewlz discusses the importance of having a small emergency fund as the first step in a debt-elimination plan. She shares her own mistakes and provides tips on how to save money. Jewlz emphasizes the need for a $1,000 emergency fund, as most emergencies cost less than that. She also talks about the importance of making a budget and gives suggestions for freeing up cash, such as having no-spend times, selling unused items, and reducing expenses. Jewlz encourages listeners to surround themselves with like-minded people and to focus their minds on financial goals.
FREE RESOURCES:
Join the Debt Rebel Facebook Community: www.facebook.com/groups/jewlzthebudgetnerd
Build a Better Budget with the FREE 5-Day Challenge: www.jewlzthebudgetnerd.com
Disclaimer:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.

003 Creating a Survival Mode Budget: Prioritizing Necessities

In this episode, Creating your Survival Mode Budget: Prioritizing Necessities, I'll discuss the importance of covering basic survival needs when creating a budget. I emphasize the need for water, shelter, and connection with others. I'll also share my personal experience of being in debt and the steps they took to get out of it. I highlight the importance of creating a survival mode budget and making a plan to live within your means. And my favorite-- importance of finding joy and having fun while on a budget. I encourage you to surround yourself with like-minded individuals and to stay focused on their financial goals.
For more info on financial coaching services, visit jewlzthebudgetnerd.com.
FREE RESOURCES:
Join the Debt Rebel Facebook Community: ⁠www.facebook.com/groups/jewlzthebudgetnerd⁠
Build a Better Budget with the FREE 5-Day Challenge: ⁠www.jewlzthebudgetnerd.com⁠
Facebook: Jewlz The Budget Nerd
Instagram: @jewlzthebudgetnerd
Pinterest: Jewlz The Budget Nerd
YouTube: Julian "Jewlz" Kohlbrand
Disclaimer aka lawyer stuff:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.

002 Why Budgeting Hasn’t Worked Before: Changing the Mindset

In this episode, we'll discusses why budgeting hasn't worked before and provides tips on how to change that. The main reason for not sticking to a budget is looking at it negatively and seeing it as restrictive. Instead, it should be seen as a spending plan that aligns with our goals and dreams. Jewlz The Budget Nerd emphasizes the importance of connecting with our why and understanding the emotions behind our financial decisions. Practical tips include telling someone about our financial goals, asking ourselves if our purchases align with our goals, and learning from past choices.
For more info on financial coaching services, visit jewlzthebudgetnerd.com.
FREE RESOURCES:
Join the Debt Rebel Facebook Community: ⁠www.facebook.com/groups/jewlzthebudgetnerd⁠
Build a Better Budget with the FREE 5-Day Challenge: ⁠www.jewlzthebudgetnerd.com⁠
Facebook: Jewlz The Budget Nerd
Instagram: @jewlzthebudgetnerd
Pinterest: Jewlz The Budget Nerd
YouTube: Julian "Jewlz" Kohlbrand

001 Kohlbrands Debt Free Story

$107,000....gone. It took some serious teamwork, dedication and goal setting but it prepared us for life's biggest plot twist.
You'll hear some of the financial blunders my husband and I made along the way to our debt-free life.
My goal in sharing our financial mess is to encourage you that you are not alone. It is possible to get out from under that pile of debt and live a life that represents what matters to you.
Want to learn more about Jewlz The Budget Nerd? Check out my website: www.jewlzthebudgetnerd.com.

Debt Rebel Podcast Trailer

Welcome to the Debt Rebel Podcast!
I'll share everything I've learned from studying personal finance over the last 20 years.
Everything from how we interact with money, how our past informs our financial future, debt culture, and ways to use your finances to make your family's dreams a reality!
Subscribe today to learn ways to maximize your income and create financial margin in your life....and have some fun along the way!
Jewlz The Budget Nerd
IG: @Jewlzthebudgetnerd
Website: www.jewlzthebudgetnerd.com