Episode 90: The Budget Burndown Technique with Jeff Whelpley

This post may contain affiliate links or links from our sponsors. Read our disclosure policy here.


My Guest on the Show…


Did you know there are basically four different budgeting techniques to use with the everyday money. They are: the cash envelope system, the survival budget, the balanced money formula and the budget burndown.

If you’ve been a long-time listener, you know I am huge fan of the cash envelope system when you’re first getting started with forming a plan for your money. However, this doesn’t mean it’s a budgeting technique you have to develop and use forever.

This week Jeff Whelpley, the co-founder of Swish, is coming on the show to talk about the BUDGET BURNDOWN technique – which may be a great fit for you.

To give you a glimpse of how the burndown budget works, think of a fuel gauge on your car. Now, instead of gas and miles, think of money and life. If this doesn’t quite make sense yet –no worries. We will dive deep into the Budget Burndown in this week’s episode.

Are you enjoying the podcast?

If you do, would you be willing to leave a review for the show here? The more reviews the podcast receives, the more people will learn about it!

The Money Peach Podcast is brought to you by my #1 online program for showing you how to budget, how much to save, how to manage your debt payoff, when to save for retirement, what to teach your kids about money, and how to build a legacy to last beyond your lifetime.

If you find yourself continuing to live paycheck-to-paycheck and wondering where all the money went at the end of the month, it’s time to finally make a positive change. Welcome to the class they forgot to teach you about money – Awesome Money Course.

Mentioned in this Episode



Budget Basics – Learn Budgeting in Just 30 Minutes

Get Human

7 Habits of Highly Effective People by Stephen Covey

Awesome Money Course


Show Notes

Budgeting is not boring! [2:07]

When the mechanics of budgeting are overcomplicated [5:54]

The cash envelop budget [7:27]

The survival budget [11:31]

The balance dmoney formula [14:10]

The budget burndown [17:36]

Jeff’s app [22:52]

How it keeps your information safe [27:29]

How Swish works [29:45]


Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

Leave a Reply

Your email address will not be published. Required fields are marked *

Want to save more money and pay off debt?

Great! Grab the free budget mini course where I will give you a budget and show you exactly how to use it! The same budget I used to pay off $52k in debt, save money and build wealth!



Scroll to Top