How do you overcome financial hurdles with your partner to bring more flexibility and financial safety to your family? Why should you calculate your net worth? What is the significance behind evaluating?

In this podcast episode, I speak with Audrey Denholm about how to master your personal finances.

Meet Audrey Denholm

Audrey is a CPA and created The Bliss Plan to help women master their personal finances by creating life-changing budgets and financial plans so they can live their best life.

Visit her website and connect on Instagram and Facebook.

Download your FREE Master Your Money Mindset Workbook.

In This Podcast


  • Couples dealing with finance issues
  • Notice your money
  • Evaluate

Couples dealing with finance issues

  • Audrey’s first piece of advice to couples dealing with financial issues is to take away any feelings of blame or guilt because it does not help the situation.
  • Come together with your partner to evaluate everything: what is the state of the debt, what assets do you have, what is bringing money in, how can that be increased, and so forth. Be aware of your current situation as best as possible, so that you can make a plan.

If you can make a plan together then it really changes the dynamic because you’re working towards something together. (Audrey Denholm)

What if one person in the relationship is more interested in fixing up finances than the other? Audrey suggests that you sit together and clearly sketch out the picture: what is your debt like? What are your assets? What are you worth between the two of you?

Coming to see what the whole picture looks like, including what you owe and what you are worth, will provide you with some direction as to what your options are.

Notice your money

Put some money aside each month and make sure to note where you are spending it. Keeping tabs on where your money is going will help you to know where you can cut back, or which of your expenses are necessary.

This provides you with one step closer to reaching your financial goals because you can adjust your spending accordingly after you have “tested” and noticed where your money goes.

  • Look at your living expenses. How much do you pay for the necessary things such as gas, groceries, and utilities every month?
  • Then separately calculate the non-necessary expenses such as how much you spend on entertainment and monthly subscriptions.

When you free up extra money after cutting back on expenses and letting go of some non-essential money spending choices, what can you do with it?

Looking at all your debt, you want to pick off the debt that has the highest interest rate. So if you are carrying credit card debt, that should be where you are paying the money first because you can easily find a few hundred dollars on the interest you are paying on your credit card debt. (Audrey Denholm)

  • Consider setting up an emergency fund: with the extra money that you free up in your budget, consider building it together into an emergency fund – and the quantity can vary based on the family’s needs – of around $1000, or two to three months of living expenses.


 The last step would be to evaluate and that’s where you look at where your plan was, your goal for the month, and how you did. Did you reach those goals? Because a budget on its own is just a tool so if you don’t evaluate, look at it and reaccess then it’s not going to help you move towards those goals. (Audrey Denholm)

Once you have set your financial goal for the month, you need to look at what happens and how the dust has settled at the end so that you can prepare for the second month.

Keep your plan adaptable so that you can respond to emergency situations as well as tightening the budget where you find some space and money to save.

Evaluate your plan every month for at least a year.

What the tracking does at the beginning is it enables you to be intentional with your money, so then you know instead of just spending, you’re like ‘okay, do I need this? Is this in line with what my goals are?’ and a lot of the times it’s like ‘no, you know what, I don’t need it and I would rather put that money towards another goal. (Audrey Denholm)

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Meet Veronica Cisneros

Veronica Cisneros | Empowered And Unapologetic PodcastI’m a licensed therapist and women walk into my office every day stressed and disconnected. As a mom of three daughters, I want my girls to know who they are and feel confident about their future. I can’t think of a better way to help other women than by demonstrating an empowered and unapologetic life.

So I started  Empowered and Unapologetic to be a safe space for women to be vulnerable and change their lives for the better before she ever needs to see a therapist.

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