What is the cause of Financial and Money Anxiety: Budgeting, Simple Investing & A Roadmap for Life

This lecture given in Kahal Bais Yeshaya (Director) shul in Toms River NJ

If money stress keeps you up at night, this talk lays out a clear, practical roadmap: build a simple budget, “fund your lifestyle” (present and future), invest consistently in broad index funds, and protect your family with term life insurance. We cover how to start from zero—even if you feel behind—why reducing tiny weekly expenses compounds into big goals, and why chasing “the best” investment or private deals often backfires. You’ll hear real stories, a 13-year investing framework, and a no-nonsense breakdown of IRA vs. Roth IRA. Keep it simple, automate it, and stay consistent.

What you’ll learn

* Zero-based budgeting & envelope/cash methods to kill grocery-line anxiety

* “Fund your lifestyle”: save now for known future costs (kids, retirement, etc.)

* The $5/day habit → long-term goals (e.g., $100K)

* Why broad index funds (S&P 500, total market) beat complexity for most people

* A 13-year investing approach and a sample withdrawal plan

* IRA vs. Roth IRA in plain English

* Why term life (not whole) is the right fit for most families

Calculator & resources

Goal Planner & Weekly Contribution Calculator: https://mendyfeferkorn.com/#calculators

More tools & talks: https://www.mendyfeferkorn.com

👉 Need hands-on help setting up accounts or term life? Book a quick consult https://www.cognitoforms.com/MendyFeferkorn/ConsultationSetup

Email: Mendy@mendyfeferlorn.com

link to the booklet in this video

https://drive.google.com/file/d/1SdywuprAuyCHS2rYjdGID_fuRX7bxivi/view?usp=drive_link

Disclaimer: Educational only. Not financial advice. Do your own research.

Chapters

00:00 Intro: why money anxiety is so common

01:07 Anxiety about the unknown & finances

04:23 The power of a clear roadmap

06:01 Case study: finding $500/week for goals

09:13 Coach intro & how budgeting changed lives

12:00 “Fund your lifestyle” (present + future)

13:44 Zero-based budget explained

14:26 Grocery anxiety → cash envelopes

17:13 Track 2–3 months, then budget

18:36 Start simple: paper, pen, true numbers

19:28 Trim $50/week (small wins compound)

22:03 Real results from simple systems

26:52 $5/day → ~$100K mindset

28:59 Keep investing simple: broad index funds

31:58 Private deals & “best return” traps

38:12 S&P 500 vs. total market (VTI)

39:41 “Is real estate better?” pitfalls & leverage

43:03 The 13-Year Plan: $1,800/mo example

45:23 Sample withdrawal schedule (increasing annually)

48:17 Retirement at 65: living off the portfolio

49:53 Set your own targets & automate

50:22 IRA vs. Roth IRA (plain English)

52:17 Using the online goal calculator

54:33 Fund goals before vacations & upgrades

56:06 The “business-class ticket” parable

59:53 Car trim upsell: mindful choices

1:00:13 Term life vs. whole life (why term)

1:02:38 Q&A: IRA, Roth, taxes (wrap-up)

#Budgeting #Investing #SP500 #RothIRA #PersonalFinance #TermLife #IndexFunds #MoneyMindset

budgeting, zero-based budget, envelope system, fund your lifestyle, S&P 500, VTI, QQQ, IRA vs Roth, compound interest, $5 a day, retirement planning, term life insurance, financial anxiety, spending plan, simple investing, family finance, Mendy Feferkorn