Marriage Kids and Money: Personal Finance for Families

Couples financial counselor Adam Kol stops by to share smart strategies to end money fights and improve communication in your relationship. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

This season of a global pandemic has caused a lot of issues for families. Elle Martinez and Andy Hill discuss ways for parents to thrive financially and personally in this crisis. They discuss how to handle debt, investing and parents working from home. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoi...

Keith Robinson shares his journey to becoming mortgage-free and offers tips for anyone who wants to pay off their mortgage early. We also discuss how complete debt freedom gives his family security during a financial crisis. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

As a featured speaker at Ally Invest's FOMO Free Financial Future Conference, I had the chance to speak about our family's pursuit of financial Independence and my thoughts about the FIRE Movement. Read the full blog post: https://MarriageKidsandMoney.com/fire-movement-pros-cons-financial-independence RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more...

Do you want your child to understand money better or become a teen entrepreneur? Rob Phelan of The Simple Startup shares his tips to make that happen. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Lacy and his wife had $61,000 at the start of their marriage. After failing to get his wife on board with paying off the debt, Michael opened up to his wife and shared why it was so important. Here's how they partnered to pay it off in 16 months. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adcho...

After sitting on the sidelines of the real estate investing conversation for a few years, I'm ready to become an investor. But it's going to be the minimalist way. Here are 3 real estate investment options that honor minimalism and keep things simple. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoice...

There may not be a single right way to achieve financial freedom, but supersizing your savings is certainly a powerful strategy. But what does supersizing your savings mean? More importantly, how does someone go about doing that? I sat down with Kelly Smith from Freedom in a Budget to learn more about how she and her husband are crushing their goals and enjoying their lives while living on 50% of...

Imagine being able to take your side hustle to the next level and quit your full-time job? That’s exactly what Kelan and Brittany Kline managed to do after working on their blog for over a year. They were able to leave the shackles of their day job and go full-time with their passion project: The Savvy Couple, a blog and community that helps families organize their lives, simplify their finances a...

One of the most important decisions anyone can make is who you choose to spend your life with. Marriage impacts us emotionally, socially, legally, financially, and in so many other ways. While the divorce rate in America is dropping, so is the marriage rate. That means married couples understand marriage is important, we might not know exactly where to turn for good advice. Today, I sat down with...

Adam from Tampa is skeptical about working with a financial advisor and wants to know how to invest on his own. Andy,  For most of my life, I have been told what to do with my money. I had a family member work for Morgan Stanley and he invested for us for years.  Last year, we had some issues within the family and decided to part ways. My wife and I quickly decided to go with another guy who does...

In May 2010, I married my dream girl. She was funny, beautiful and chock-full of 90's TV trivia. Our first couple of dates consisted of a lot of Saved by the Bell and Seinfeld jokes. Outside of knowing the Soup Nazi episode verbatim, Nicole and I both came into the marriage knowing the general basics of personal finance. You know, advice like: "Don't carry a credit card balance" "Always have some...

Being neck-deep in debt can make you feel like all the odds are stacked against you, especially when you reach almost the seven figures! Today, Andy talks to Wendy Mays on how her family is climbing out of nearly $1,000,000 of student loans, home mortgages, car loans, and other consumer debt. Wendy is the host of the House of FI podcast, a part-time work-from-home lawyer and a mother to six childr...

Multi-level marketing (MLM) is a $36 billion industry, but according to AARP, 73% of people who participate in MLMs make no money or lose money. So what’s the appeal? Why do people keep coming back with such a high failure rate? Today, Andy talks to Melissa Blevins from the Perfection Hangover about the two MLMs she took part in to make some extra money while staying at home with the kids and how...

Our question of the month comes in from Mike: Andy, I saw the Business Insider article about you paying off your mortgage early. We’re in a similar situation. With $228,000 left on our mortgage, our plan is to pay it off in 6 years. We’re looking for advice and shortcuts! That’s awesome to hear you want to pay off your mortgage early, Mike! You’re looking for steps, shortcuts, and advice on how to...

One fall night in 2010, my wife Nicole and I were watching the Suze Orman Show. (Yes, I used to DVR it). There was this fun segment where someone would call in and Suze would analyze that person's financial health and give them a grade. It was called How Am I Doing? One term that we kept seeing over and over again on this segment was “Net Worth”. Since we were personal finance newbies, we had no i...

Okeoma Moronu recently paid off over $300,000 of student loans. She and her husband worked for over 6 years to become debt-free and now they are making some big life changes with $4,000 extra per month. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Sam Dogen from Financial Samurai quit his job in 2012 and is now a stay-at-home Dad. He shares how he makes $200,000 per year in passive income from home. OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES **Sponsor + Partners + Deals:...

Certified Financial Planner Liz Frazier shares how parents can teach their young kids about money. She reviews practical tips for Moms and Dads to help their children learn about needs vs. wants, the importance of an allowance system and how to develop a daily gratitude practice. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices...

Tomorrow, I plan to leave my 6-figure job to become a full-time entrepreneur. Here are the 10 steps I took to prepare for this entrepreneurial leap. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jon Vroman, Host of the Front Row Dads Podcast, shares the moment he realized he wasn't being the best husband and father he could be. We discuss what he did to change into the family man his wife and kids needed. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jacob Wade recently quit his job and took a year off to travel the country with his wife Michelle and their 3 kids in an RV. They like it so much that they are working on making it a permanent thing. But will they be able to afford it? RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Christie recently paid off her mortgage and reached Dave Ramsey's Baby Step 7. She owns a paid-for rental property but is considering selling it and investing in the stock market instead. I share my investment options after you pay off your mortgage. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Lisa Harrison discovered the FIRE Movement and started adopting the early retirement lifestyle. She then had a change of heart. Here's why! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Damian Dunn, CFP and co-host of the Pete the Planner Show, shares how we can save and invest for our kid's future. We review the benefits of a 529 college savings plan, Roth IRA for Kids and much more. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices