Creating a Spending Plan with Sherri Dumbrell

<p>In today’s episode, Jeff begins a series of shows exploring people who have created businesses based on their skills. In this show, Jeff interviews Sherri Dumbrell. Sherri and Jeff discuss:</p> <ol><li style="font-weight:400;">Originally from Utah, Sherri found her way to England where she met her husband, an Aussie. They moved to Australia, where they raised their family for the last 30 years. </li> <li style="font-weight:400;">As a young stay-at-home mom, Sherri tried to find ways to stretch their budget. About 20 years ago she found the Spending Plan system.</li> <li style="font-weight:400;">Through the use of the Spending Plan system, her and her husband were able to get out of debt and build wealth. </li> <li style="font-weight:400;">Five years ago, Sherri decided to become a Certified Spending Planner and start her own business, helping others to get their finances under control.</li> <li style="font-weight:400;">The Spending Plan system simplifies personal finances into 6 categories;<ol><li style="font-weight:400;">Weekly Expenses - Food, Fuel, Fun, and Incidentals</li> <li style="font-weight:400;">Monthly Bills</li> <li style="font-weight:400;">Large Purchases (Appliances, Cars, etc.)</li> <li style="font-weight:400;">Maintenance</li> <li style="font-weight:400;">Replacement</li> <li style="font-weight:400;">Once in a Lifetime Expenses</li> </ol></li> <li style="font-weight:400;">Sherri works with her clients to help them restructure their finances, focus on their lifestyle, and provide them with accountability. </li> </ol><p>Fast Five Questions</p> <ol><li style="font-weight:400;">If you woke up and your business was gone, you have $500, a laptop, a place to live, and food, what would you do first? “Go out into nature and count my blessings. I would bring a laptop and begin to connect with people.”</li> <li style="font-weight:400;">What is the biggest mistake that you have made in business? “Not getting a Virtual Assistant soon enough. This one thing has helped to significantly scale my