video1.0<iframe src="https://www.loom.com/embed/93a4e27981bf4776a173f11c4cead9d3" frameborder="0" width="1280" height="960" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9601280Loomhttps://www.loom.com9601280https://cdn.loom.com/sessions/thumbnails/93a4e27981bf4776a173f11c4cead9d3-62c62b34663fa912.gif1534.89Danielle Easterly and Cortney Kaveh with NW Money Coaching discussed budgeting strategies for home buying, emphasizing realistic goal setting and spending alignment with personal values. They explored methods for tracking expenses, saving for down payments, and improving credit scores, highlighting the importance of financial awareness and planning. ### Introduction and Purpose of Meeting 0:30 - Danielle Easterly introduced the meeting's focus on budgeting for home purchasing. - Cortney Kaveh, a financial coach, was introduced as the guest speaker. - Danielle highlighted a quote from Cortney's website about intentional financial planning. ### Cortney Kaveh's Background and Approach 1:27 - Cortney Kaveh described her work in daily money management, focusing on cash flow, spending, savings, and debt payoff. - She works with clients one-on-one and hosts workshops, including those for realtors. - Cortney emphasized making money management less intimidating and more engaging. ### Setting Up a Basic Budget 2:47 - Cortney advised starting with realistic goals based on current spending habits. - Suggested using automation to reduce friction in tracking expenses. - Emphasized the importance of knowing spending habits before setting new financial goals. ### Tracking Spending Without Overwhelm 5:18 - Cortney shared various methods for tracking spending, from low-tech pen and paper to budgeting software like YNAB and Every Dollar. - Highlighted the importance of choosing a method that aligns with personal preferences and encourages consistency. ### Saving for Down Payment and Managing Financial Goals 7:32 - Cortney suggested simulating future mortgage payments to save for a down payment. - Discussed the importance of speaking with a mortgage lender early in the process. - Recommended focusing on reducing credit utilization and paying down high-interest debts. ### Working with Realtors and Lenders 13:40 - Cortney explained her collaboration with realtors and lenders to help clients with financial habits and behaviors. - Emphasized the importance of addressing financial readiness before searching for a home. - Danielle noted the typical sequence of clients seeking financial advice after starting the home search. ### Additional Tips for Saving Money 15:29 - Cortney advised understanding where money is going by categorizing expenses and assessing feelings about spending. - Suggested focusing on the biggest budget busters, like food expenses, and making small habit changes to save money. - Encouraged honesty about financial priorities and willingness to change spending habits. ### Contact Information and Future Collaboration 19:32 - Cortney provided her website for those interested in financial coaching. - Danielle planned to include Cortney's contact information in the video post. - Discussed potential future workshops on budgeting for home projects and financial wellness.