The Fulfilled Mom

Get Inspired to Budget & Reframe Your Money Mindset with Allison Baggerly

November 18, 2021

3 Things to STOP doing as a busy mom this year
Surviving Solo Stints of parenting
Now Trending:
I'm Tracy 

I'm a healthcare momma who burned out, big time, and now I teach working moms to create the life of their dreams. I love leopard print, tequila, and my morning routine. My mission? To help moms stop feeling frazzled and start living a life of fulfillment, leaning into the joy of the journey, not just the destination!

hey there,

Ready to Create a Life Worth Celebrating?

tell me more

I'm talking joy every-day, motherhood isn't a drag, killing it at work & being present at home...


How we spend our time and how we spend our money often run in tandem. However, let’s be careful not to use the limiting mindset and the finite amount of time we have when our kids are young to justify overspending. A lot of this work exists in figuring out what you value most and then lining up how you spend your minutes and how you spend your dollars in alignment with those values. 


Let’s talk about paying off debt. Allison shares her story of debt reduction after SURPRISE! she and her husband got pregnant on their honeymoon and then OH CRAP! daycare is expensive. That surprise pregnancy resulted in them sitting down and totalling up their collective debt. Once they looked, in total they had $111,000 in debt and the $1,400 minimum monthly payment seemed incredibly overwhelming to two newlywed teachers who were expecting a baby and didn’t know the first thing about budgeting, building wealth, and paying off debt.

Allison shares what they did to pay off $111,000 in 4 and a half years, all while having two babies, working as an elementary school and a middle school band director. At first she despised budgeting and all things personal finance… but then budgeting turned into part of the fabric of Allison’s life… she went from a woman who was budgeting to a budgeter… who was in control of her money, working hard to get out of debt and no longer looking the other way. She had faced down her debt, made a plan, paid it off and she couldn’t stop talking about budgeting

Inspired Budget was born & now Allison helps women to help give them tools to pay off debt and gain confidence along the way! Allison now teaches on social media all about how to nail budgeting and to start feeling like a budgeter. In her teachings, downloads, free and paid trainings, Allison tackles things like mindset (“I don’t need a budget”), attitude (“I just don’t want to budget!”), logistics (“I’m going to budget for the life I wish I had” regarding money, budgeting, debt reduction and being in control of your future. 


We dive into privilege and the access to information and learning about money, investing, debt and financial success. We unpacked the taboo topic that is money management and why we didn’t learn about it as children and how we can change this narrative in parenting the next generation. 

Money is tied so closely to our lives, to the everyday, to special occasions, to the future and things like what retirement looks like, how our children enter college or the workforce, that you simply cannot ignore it’s existence and it is absolutely important to get control of this tool that is money. 

When it comes to debt reduction and the ages old debate between debt-snowball and debt-avalanche, Allison recommends whatever plan that you are going to be consistent and stick with. It’s not the math that matters, it’s the commitment to showing up and continuing to pay off debt month-after-month and feel good, see progress and be encouraged to stay the course. 


Debt-Snowball is where you send minimum payments to all debts but the smallest balance debt. That smallest debt you send MAXIMUM payments to – the most you can, until isn’t completely g.o.n.e. Having listed your debts from smallest payoff balance to largest balance, once you pay off the smallest balance, that money “rolls over” gathering momentum (or snow, if you like that visual) to the second smallest debt and so-on and so-forth. You work your way down the list from smallest to largest payoff balance. 

Debt-Avalanche is where you do that process, but instead of prioritizing by payoff balance, you list your debts from highest to lowest interest rate. You pay minimum payments on everything by the highest interest rate, and to that you send as much money as you can each month. Once that one is gone, that money slides down (hence – avalanche) to the debt with the second highest interest rate and you make your way down the list. 

If you want quick psychological wins to encourage you and keep you on track, consider the debt-snowball. If you love math and the prospect of getting those higher interest rates out of your life sooner rather than later is exciting to you, consider the debt-avalanche. It doesn’t matter which you pick, it’s that you choose one, have the hard conversations with your spouse, get on the same page about your plan for debt reduction and then… do it. Consistently. Sticking with it over time. That is the path to debt-freedom, my friend! 

Browse By Category







so hot right now

I’m Tracy your new
tell-it-like-it-is life & money coach!

I’m a straight shooter who doesn’t sugar coat my advice, takes my margaritas with extra salt and cuts through the clutter to discover what matters most to you in this crazy working mom world.

Get to know me

Hey, Lady!

Steal These 12 Money-Saving Tips to Bank an Extra $15,000 This Year

Count Me in!

Save Some Dough

Get Clear on What Matters Most & Leave Everything Else Behind

I need it!


Resources for Y.O.U.

Steal My Core Value Curator

The streamlined 3-step process you need as a busy working mom to get clear & curate a collection of your core values. What matters most to you? Download the Core Value Curator to discover your unique-to-you core values (& then start putting them first in this life!)


First Name

Email Address

Helping you to be fulfilled as a mother & have more time and money than you know what to do with!

I'm sharing uplifting reminders, tangible money tips, #momfails and a real, unfiltered look at working mom life!

Tracy Bingaman

© The bingaman co, llc 2021  |  Design by Tonic 





Find me on Instagram...