Think You Can’t Budget?

Posted on Apr 5, 2016

Apr 5, 2016

NCC Member Courtenay Shipley’s online course demystifies budgeting

In helping organizations set up retirement plan options for their employees, Courtenay Shipley also meets with individual employees and asks them how they track their money and spending.

She rarely gets a good answer – and often gets no answer at all.

“Most employees that I met with would say they couldn’t afford to save in their retirement plan, but when asked if they knew where their money was going, they would say they didn’t know!”

That repeated experience prompted Courtenay to create an online course aptly titled “Budgets for the Un-budgetable.” The course is available on Udemy and Nashville City Club members get a discount off the $39 cost. (See below for coupon code).

Her goal is helping people understand not only how much money they make and how much money they spend but also their beliefs about money and the source of their habits.

Courtenay, a native of Pittsburgh, is a Vanderbilt University graduate and City Club member since 2011. Retirement Planology, Inc., the corporate retirement plan consulting and advisory firm she founded, has offices in Nashville and Washington D.C.

In 2015, Financial Times named her a Top 401 Retirement Plan Advisor and NAPA included her in its roster of Top Women Advisors. She describes herself as a “financial translator.”

In putting the course together, Courtenay broke a subject that feels overwhelming to many people into short, bite-sized pieces. Budgets for the Un-budgetable has 31 video presentations that add up to 2.5 hours in all. Her subtitle, “Close the gap between the abstract and the practical,” is important because people need a system that works for them.

That’s why the course includes high, medium and low-tech options for tracking and budgeting. It also walks people through establishing baseline data so they can get a better handle on their money, make informed choices, and, ideally, chose how to spend their time later in life.

Technology, including mobile apps, makes it easier for individuals to collect all their accounts in one place and create a foundation for planning and budgeting. “That is probably the biggest turning point in recent years,” Courtenay says. “We are starting to embrace data and technology, and we can make really smart decisions if we have the data.”

Budgets for the Un-budgetable is available on Udemy.com. Nashville City Club Members receive a $5 discount by clicking here.

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