Marriage Kids and Money: Personal Finance for Families

Who hates student loan debt, but loves sex? Yeah, me too! Before my interview with Shannon McNay and Erin Wiley, I didn’t realize how these two topics were so intertwined. Erin is a Marriage & Family Therapist and Shannon is a student loan expert from Student Loan Hero.  These two professionals conducted a new research study … Continue reading "64 | How Your Sex Life and Student Loan Debt Are Conn...

Recently, I received an email from Chris who was interested in my opinion on taking out a 401k loan to pay off his student debt. “Hi Andy, Did you ever consider leveraging your 401k to try to clobber debt faster?" I do not mean withdrawing funds from the 401k and incurring the penalty and tax … Continue reading "63 | Should I Take Out a 401k Loan to Pay Off Debt?" The post 63 | Should I Take Out a...

There’s nothing wrong with having things, liking things and wanting things. Especially when you’re a kid. From our own personal experience though, we’ve found most of our joy in life has been derived from experiences – memorable, fun and rewarding experiences. In my never-ending quest to give my kids the best life possible, I reached … Continue reading "62 | Teaching Your Kids How to Set Financial...

Now that Nicole and I are mortgage free, we’re moving onto our next big financial challenge: Buy-and-Hold Rental Real Estate. Over the past year, I’ve been doing my best to educate myself in real estate by reading books and blogs and listening to podcasts on my daily commute. One of the podcasts I’ve been enjoying … Continue reading "61 | Financial Independence through Real Estate with Paula Pant"...

Abby Chao is the Co-Founder of CollegeBacker. She and her company are on a mission to make saving for college easy with the magical 529 account.  Abby and I met at dinner in Dallas in October. Her enthusiasm for combating the $1.4 trillion student loan crisis in our country was inspiring. I had to … Continue reading "60 | 529 Account – Your Kid’s Ticket to Student Debt Freedom" The post 60 | 529 A...

Last month, we paid off our $400,000 home in just under 4 years. It took a lot of diligence, patience and teamwork between my lovely bride and I, but we’re proud to check this important family milestone off our list at 35 years old. We spent some time celebrating this fun moment in our lives … Continue reading "59 | How Do I Get My Spouse On Board With Budgeting?" The post 59 | How Do I Get My Spo...

Last month at a dinner in Dallas, I met Jeremy Hallett who is the founder of Quotacy. We chatted about his new company being a hassle-free resource for life insurance. He let me know that their big goal is to protect 1,000,000 families by getting them set up with affordable term life insurance. Evidently, there … Continue reading "58 | Protect Your Family With Hassle-Free Term Life Insurance" The...

Earlier this week, I caught up with Julie Berninger. This 28-year-old working professional / entrepreneur sets huge goals for herself and crushes them. J was dealing with around $100,000 in debt from student loans, credit cards and a new car. Through creating multiple sources of income for herself, she was able to … Continue reading "57 | Creating Multiple Income Streams to Eliminate $100k of Debt...

On a train to downtown Dallas for FinCon17, I randomly caught up with the Founder of Tiller, Peter Polson.  Tiller is a customizable money management tool that harnesses the power of Google Sheets. Peter and I had an inspiring chat about family, business and how his company is helping people control their money and, in turn, … Continue reading "56 | Control Your Money. Control Your Life." The post...

Last week, Nicole and I made a really FUN phone call. We reached out to our mortgage company and said that we’re ready to pay off our 15-year loan. It was awesome! I honestly can’t believe we’re here! After 4 years of extra payments and me repeatedly telling my patient wife the monthly balance … … Continue reading "55 | Money Plans After the Mortgage is Paid Off?" The post 55 | Money Plans After t...

From the expo floor of FinCon17, I’m speaking with Award Winning Personal Finance Author Erin Lowry about her new book Broke Millennial. Her goal is to help young adults to stop acting rich and get their financial life together. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Increasing your savings, making more money and amassing wealth can have a huge impact on your personal finances. Your wealth can allow you to buy things that bring you joy, experience incredible vacations and create more free time for yourself. For some people, building wealth isn’t just about personal enjoyment. It is about leaving a … Continue reading "52 | Planning Your Family’s Financial Legac...

Distraction can come in all different forms. It can be from unnecessary chit-chat with your colleagues at work, smart phone notifications or even being the “always on” parent.  The constant challenge of blocking out the “noise” and focusing on the most important task can sometimes feel impossible. Today, we’re going to conquer distraction together. The … Continue reading "51 | Conquer Distraction...

We have reached a true milestone today my friends. Episode 50! FIVE-ZERO! That means for the last 50 weeks, this podcast has been focused on helping you and your family win with money. I’ve shared my personal victories, failures and reviewed our family’s goals for the future.  Additionally, I’ve interviewed over 30 experts and talked about all … Continue reading "50 | Meet the Hill Family – Nicole...

Each day we’re on this earth, we get a fresh opportunity to learn something new. We can learn a new skill, absorb new knowledge or improve our understanding of complex topics. With my podcast interview this week focused on ADHD, I feel like I learned in all three of these areas. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices....

Have you ever walked into a Starbucks and seen that tip jar on the front counter and wondered, “How much should I tip? Or do I even need to tip at all?” Or have you ordered food to your house and the delivery person comes to the door and you think, “What’s a good tip … Continue reading "47 | How Much Should I Tip?" The post 47 | How Much Should I Tip? appeared first on Marriage, Kids and Money. RE...

From time to time, I receive questions from the Marriage Kids and Money audience. I thought this week I’d shake up the show format a little bit by answering one of the questions I received recently about controlling expenses when we have a high income. Enjoy! Dear Andy, I saw Dave Ramsey live a couple … Continue reading "46 | With My High Income, Why Can’t I Get Ahead?" The post 46 | With My High...

Reaching financial independence takes a whole lot of drive and determination. It definitely does not come to us overnight. There are difficult steps that we must take to earn the truly awesome rewards that come with owning our own time and choosing the direction of our day. One of those major milestone steps is escaping … Continue reading "45 | Escape Student Debt, Build Wealth & Become Financiall...

The concept of Universal Basic Income has received a lot of news coverage lately. Icons of industry like Richard Branson, Mark Zuckerberg and Elon Musk have all voiced their support for this “social-security-for-all” type system. With the increases in automation and technology, billionaires like Musk say Universal Basic Income will become “necessary” given the mass … Continue reading "44 | What is...

When we're in sync with our spouse on our finances, life feels truly in balance. Here's 5 steps to incorporating financial transparency into your marriage. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Making the transition from a full-time career to a life of business ownership is not an easy road to travel. It takes courage, fortitude, and a whole lot of passion for your new line of work. Entrepreneurial hours can be grueling and at times, the stress can weigh heavily on you and your family. If … Continue reading "42 | Full-Time Sales to Brewing Ales: When Pursuing Your Passion Pays Off" The p...

Billionaire Warren Buffett once said, “Never depend on a single income. Make investment to create a second source.” All of the entrepreneurs I’ve interviewed on my podcast (or really any other podcast for that matter) have taken Mr. Buffett’s words to heart. If you’re going to create some serious wealth for yourself and your family, diversifying … Continue reading "41 | How to Become a Millionaire...

This fall, I’m attending a conference called FinCon. This 3-day event focuses on the business of personal finance media. Bloggers, vloggers, and podcasters from all around the country come to grow their small businesses and learn how to provide the most value to their audience. Given that I’m slightly obsessed with personal finance, I am … Continue reading "40 | Building a Six Figure Conference fr...

Six years ago, I decided to go credit card free. I had gone through Dave Ramsey’s Financial Peace University where the credit card was labeled as the enemy of financial freedom. Since Mr. Ramsey’s advice had helped me in so many other areas of my financial life, like paying off our debt and getting proper … Continue reading "39 | How to Travel to Disney for (nearly) Free" The post 39 | How to Trav...

You have been persistent, you’ve become best friends with Zillow and your hard work has paid off. You have finally found your dream home. Now, it’s time for the important next step of choosing your mortgage. Some crucial questions start to pop into your head: Can we afford this home? What type of loan is … Continue reading "38 | Mortgage 101: Rates, Rentals and the Great Recession" The post 38 | M...