{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Value of Financial Advisor: Budgeting & Cash Flow","description":"This episode of The Confident Wealth  Podcast with Bill Bush and Pete Bush is the 6th installment in their series, The Value of Working with an Advisor. Gain some useful insight on budgeting and cash flow. Find out how financial advisors can help clients get a handle on their budgets, find out where their problematic areas are, and how to go about building healthier spending and savings habits.     Episode Highlights:   00:55 \u2013 Bill Bush and Pete Bush introduce the topic of budgeting and cash flow. 02:15 \u2013 What exactly is a budget? 03:32 \u2013 Do clients that budget have a higher chance to build wealth? 05:39 \u2013 What about folks that claim to have their budget in their head? 07:32 \u2013 What is the value that financial advisors can bring to budgeting? 09:49 \u2013 How can Horizon help young people get started with financial planning? 11:35 \u2013 What are some ways that advisors help clients get started with budgeting? 13:51 \u2013 How can advisors help clients get debt under control? 14:30 \u2013 What can be done about long-term goals and freeing up more money? 15:52 \u2013 Where does money leaking out typically go? .   3 Key Points: Review your household budget on a month-to-month basis. Advisors can bring value to a client\u2019s budgeting by showing them how to increase savings and investments, how to reduce spending. Money can\u2019t bring you happiness. But, if you are worried about money, it is hard to be happy.   Tweetable Quotes: \u201cWhat a budget is, is the matching of income and outflows. The matching of income and expenses.\u201d \u2013 Pete Bush. \u201cThere is some stat out there I read recently that says most people can\u2019t afford an emergency of over $400. And that\u2019s not much in this day and age.\u201d \u2013 Pete Bush. \u201cIf you fail to plan, you plan to fail.\u201d \u2013 Pete Bush.     Resources Mentioned: Horizon Financial Group The Confident Wealth Podcast   ","author_name":"The Confident Wealth Podcast","author_url":"http:\/\/confidentwealth.libsyn.com\/website","html":"