Marriage Kids and Money: Personal Finance for Families

Are you in your 30s and you're ready to start investing? Well, you may already be an investor and you didn't even know it! Find out why when I chat with Broke Millennial Author, Erin Lowry. She discusses how we can invest for our retirement and for other events in our lives and pay fewer taxes in the process. We also discuss how to find a financial advisor you can trust and why fiduciary may be th...

Is there a difference between cheap and frugal? Some see them as the same thing and others feel there is a big difference.  As per usual, Nicole and Andy disagree on the cheap vs. frugal discussion and they dive into it headfirst.  Where do you fall? Is cheap the same thing as frugal? Should there be a better word being discussed here? Let us know on Voicemail or on Instagram RESOURCES **Sponsor +...

Faith & Leo Jean-Louis recently paid off over $200,000 of debt. The year after, they invested over $100,000 in the stock market.  Discover how they did this and paid fewer taxes in the process. This inspiring young family is building generational wealth through faith, legacy, and focused investing. What would generational wealth mean to your family? Check out the show notes and video: https://marr...

Do you feel talking about money is taboo? Nicole and I dive into how sensitive it is to talk about money in our culture and in our relationship.  We discuss ways that this awkwardness has made its way into our marriage and takeaways for other couples who are wondering how to handle the taboo topic of money.  Want to give us feedback or ideas for future episodes? Contact us on Instagram or leave a...

After working in his corporate career for 20 years, Tom is looking to resign and experience his financial independence.  He wants to do it right and leave with a severance package that helps him roll into his early retirement.  Sam Dogen from Financial Samurai joins me to help Tom engineer his layoff and make this process successful. Also, Andy LeBlanc from Utah shares how he became a millionaire...

Is it worth it to leave a six-figure career to pursue entrepreneurship? That's what I asked my wife Nicole today.  It's been one year since I left my job and we've been through a lot with the pandemic, virtual school and loss of income.  We discuss the impact of this decision, if we'd do it all over again and advice for other couples considering this entrepreneurship leap.  RESOURCES **Sponsor + P...

Some people feel that budgets can be restricting or they reinforce a scarcity mindset. While others get a sense of freedom and control with their budget.  So what's the right answer? Jesse Mecham, Founder of You Need a Budget (YNAB), joins me to discuss this debate and how people can find their individual path with budgeting.  RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmone...

Can you be happily married and have separate bank accounts? Nicole and I dive deep into the subject and analyze if this is something we could do in our relationship after 10 years of having one joint account. Knowing how personal this topic can be, Nicole and I share three takeaways for couples to decide if this is right for them.  What do you think? Could you see having yours, mine and ours accou...

Rachel Cruze joins me to answer a question from anonymous: "My husband wants separate bank accounts and I don't. What should I do?" We discuss the options available to our anonymous friend including the importance of clear communication and even asking for support from a marriage counselor. Rachel and I also discuss her thoughts on the Enneagram Test, how she differs in opinions from her Dad, Dave...

What's money for if you can't enjoy it? Sometimes when it's all lumped into one account that can be hard.  Nicole and I talk about the benefits of breaking your money into buckets to allow yourself to have some more fun.  Do you break your money into buckets? Let us know on Instagram -- https://www.instagram.com/marriagekidsandmoney RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsa...

Lowering our annual expenses can allow us to achieve debt freedom and financial independence a lot sooner.  But spending less can also mean not having as much fun. And who wants that? Not our family! That's why we went on a quest to decrease our UN-Fun expenses by $20,000 while increasing our FUN expenses by $10,000.  Who's ready to have more fun for less money? I share all the details of how our...

Have you ever been passionate about something and your spouse doesn't share the same passion? These differences can affect your relationship ...sometimes for better and sometimes for worse.  Nicole and Andy Hill discuss how these types of conflicts have affected their relationship in the past and how they have dealt with them.  RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmon...

Do you want to become a young millionaire? So did J. Money from "Budget Are Sexy" fame over 10 years ago. He started tracking his net worth each month and eventually, he hit his millionaire milestone.  J. Money shares what your net worth is, how you can easily track it and ways for you to grow your net worth to a million and beyond.  Listen to today's first-ever BEST OF MKM episode featuring J. Mo...

Nicole and Andy chat about buying presents for the kids for Christmas.  How many are too many? How little is too little? We're not sure we have the answers, but we sure enjoyed our drinks while we're discovering it.  Thanks for joining us for another Bread & Wine episode! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit m...

In order to keep our personal information safe online, we need to remain vigilant and aware of how cyberattacks happen.  Dr. Eric Cole shares practical steps we can take to protect ourselves from malicious cyber crimes like phishing scams, hacks and data breaches.  This is serious business as families can lose so much of their hard-earned wealth. Listen to find out how the quick steps you can take...

By popular demand, I invited my wife Nicole to join me for our first (and hopefully not last) "Bread & Wine" episode.  Our chat today is about contentment.  How do we become content? How do we stay content? And how do we fight discontentment? Cheers! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

After becoming debt-free, you may see your credit score drop. I discuss how to increase your credit score over time and still remain debt-free. Also, Tanya Van Court from Goalsetter shares the financial lessons kids can learn from the financial crisis. We also discuss how their financial literacy app helps kids (and families) prosper with money.  RESOURCES **Sponsor + Partners + Deals: https://www...

Want to know how to make a million in the stock market? Brian Weitzel made it happen before his 40th birthday.  He's a school teacher, real estate investor, photographer and disciplined investor from metro Detroit.  Brian shares how we achieved this million-dollar feat before 40 and gives us advice on how we can follow a simple and effective path to wealth as well.  RESOURCES **Sponsor + Partners...

Want to help your teen become money-savvy? Ed Vargo, a money expert and father to 5 daughters, knows first-hand how to navigate this difficult terrain.  He shares practical tips for parents in helping their teens have a healthy relationship with money. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors      Learn more about your ad choices. Visit megaphone.fm/adc...

The election is over! (Well, sort of) ... As the dust is settling, there's a lot of talk about how to invest your money based on who our president is.  I review my investment philosophy and how I'm changing things up based on the election results.  We also hear from Josh Hastings who paid off $300,000 of student loans! He shares how he and his wife partnered together to make this happen.  RESOURCE...

When you're about to be married, money can sometimes be one of the last things you think about. Lawrence Gonzalez, the creator of The Neighborhood Finance Guy, shares the importance of making financial planning goals before marriage. We also discuss not overdoing it with your goals as well. This delicate balance is something Lawrence is working on as someone who is about to be married. Check out o...

Are you trying to decide whether a Roth or Traditional IRA is best for you? Certified Financial Planner Echo Huang joins us to help answer this important question and we discuss other important decisions when it comes to your retirement investing.  We also hear from Tammy Tibbetts from "She's the First" about how we can make an impact on the world. RESOURCES **Sponsor + Partners + Deals: https://w...

After not having enough time with his family and being simply overworked, Joe DiSanto decided to pack up and leave California. He and his family ended up in Florida. With the lower cost of living, he's now semi-retired and spending more time with his wife and son.  Joe describes how his family made this transition physically and financially. He shares tips for others who are considering a big move...

Scott and his husband are a dual income no kids (DINK) household. They have come into some extra money lately and want to know what to do with it. Do they invest the money? Do they save it? Or do they pay down debt? To help me answer Scott's question, I've invited David and John Auten-Schneider from the Queer Money Podcast. These financial experts break down different options for Scott and how the...

Can't figure out how to stick to your budget and crush that debt? The Budget Mom, Kumiko Love tells us how to do just that. We first review how she eliminated $77k of debt in just 8 months and then went on to purchase her home for cash. After that, she shares 5 helpful tips for others who are looking to pay off their debt and achieve their financial freedom goals.  RESOURCES **Sponsor + Partners...