The Lucy Ann Lance Show

Nicole Bernacik ~ Money Monday - UMCU

Episode Summary

July 15, 2024 ~ Lucy Ann Lance talks with Nicole Bernacik, University of Michigan Credit Union, for this weeks Money Monday. They discuss the importance of budgeting for financial wellness and introduces various budgeting methods, including cash stuffing (envelope budgeting), zero-based budgeting, and loud budgeting. Cash stuffing involves setting aside physical cash in labeled envelopes for different expenses to help track spending and prevent debt.