The Money Fundamentals for Moms to Know

The Money Fundamentals for Moms to Know

Many military spouses head up the finances for their households. The frequent moves and deployments make it easier for the military spouses and often military wives to be the money point person whether you have experience or confidence to manage money or not. Catherine Alford is the author of the book Mom’s Got Money: A millennial mom’s guide to managing money like a boss. She’s a nationally recognized financial educator who started her business with a $10 domain name and grew it into a multifaceted, six-figure digital media company. Cat shares what every Mom should know about money, how to educate yourself on money fundamentals, and the importance of calculating your net worth.

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The Military Money Show is supported by Navy Federal Credit Union. Buying a vehicle is a big investment. Because it’s a big buy, you should get some intel before you jump into purchasing, like interest rates and down payments. Navy Federal makes it simple for members with their fast and easy auto loan process. You can even estimate your monthly payments and interest rates with their auto loan calculator. To learn more visit NavyFederal.org.

Money Fundamentals for Moms to Know Details

  • The inspiration behind Cat’s book
  • Fundamentals for moms getting into finance
  • The importance of knowing your net worth
  • Impact of your mindset on personal finance
  • Making the decision of staying at home vs. paying for child care
  • Common mistakes that moms make when it comes to money
  • Where to start with your financial education
Related podcast: What Mommy Does with Money

Money Fundamentals for Moms Resources

Further listening: How to Create Work You Love

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Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion. If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here. Many military spouses head up the finances for their households. Here's the money fundamentals for moms to know.