Published Nov 3, 2023

Friday Flight - Top Tier Gas, Credit Freeze Failure, & Bad News for Budgeters #744

    Unpack the benefits of top-tier gasoline, explore evolving real estate commission models, and identify alternatives for budgeting as Mint shuts down; this episode offers crucial insights into credit management pitfalls and advantages for better financial health.
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    Episode Highlights

    • Budget Apps

      The discontinuation of Mint has left many users searching for new budgeting tools. Matt Altmix and Joel Larsgaard recommend several alternatives, including You Need a Budget (YNAB), EveryDollar, Tiller, and Copilot. They also mention that some users prefer manual methods like Microsoft Excel for a more personalized approach 1.

      Pour one out for my homie Mint, because that's been a good service for a long time.

      --- Joel Larsgaard

      For those interested in more details, the hosts suggest subscribing to their newsletter for a comprehensive roundup of these budgeting apps.

         

      DIY Budgeting

      Manual budgeting methods offer a unique way to manage finances, especially in the wake of Mint's shutdown. Joel Larsgaard and Matt Altmix discuss the concept of financial fasting, which involves taking a break from spending to reassess financial habits. This method can help individuals become more mindful of their purchases and achieve larger financial goals 2.

      A financial fast, just a period of time where you are refusing to spend any dollars at all, even if it's just for a couple of days, can start to unwind that cycle.

      --- Matt Altmix

      They suggest planning a financial fast for the new year to break the cycle of impulsive spending and focus on more significant financial achievements.