Marriage Kids and Money: Personal Finance for Families

A lot of people have been asking specifically about Indexed Universal Life Insurance and wondering if it’s worth it or not. Big questions like this are always better with really smart friends so I thought I’d answer this one with a financial advisor, Tyler Gardner from Social Cap! Also, we chat with Author Heidi Dusek about her Family FI plan for a Family Gap Year. RESOURCES **Sponsors + Partners...

Generational wealth becomes a lot easier when we take advantage of time and investing. Today, I'm sharing 3 generational wealth investing accounts that can help your children have a brighter future. Also, for our Coast FIRE segment, we're learning from Anders Skagerberg who hit this milestone in his late 20s! Last but not least, my son Calvin is back with another Good Word. We're talking tall kids...

As a country, we’re buying more than we can afford and it’s showing. So how can we as a society rid ourselves of this high-interest debt while still enjoying life? To help us answer this difficult question, I’ve invited Author and Money Expert Allison Baggerly on the show today! RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Allison Baggerly (Website): http...

Since I've been talking a lot about our family's financial wins lately, I thought I'd share some financial mistakes I've made as well. After all, a financial journey is not always about the wins. We learn a lot from our mistakes as well. Second, Financial Planner Juan Saavedra will be joining us to discuss how to financially prepare for a new baby. Last, my daughter Zoey joins me for another Money...

After pursuing FIRE (Financial Independence / Retire Early) for a while, it has become apparent that Coast FIRE is more our speed. In today's episode, I break down my Coast FIRE vs. Traditional FIRE views and discuss how you can achieve Coast FIRE too. Also, I share 7 different short interviews with attendees of EconoME. We continue the discussion about the variety of different views and paths of...

While we can’t eliminate all strife when it comes to relationships and money, we can become better communicators.  To help us with this important topic, Abby Davisson is inspiring us today! She's a social innovation leader, career development expert and the Author of the new book “Money and Love: An Intelligent Roadmap to Life’s Biggest Decisions”. Speaking of money and love, Drs. Renee and Nii Da...

Considering early retirement? NFL Player Devon Kennard believes real estate investing is better than stock market investing. Author of the new book, It All Adds Up, Devon shares how he's amassed a multimillion-dollar real estate portfolio while playing in the NFL. RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors It All Adds Up (Book): https://amzn.to/3J3mUC0...

Are you having more marriage fights lately? Penn and Kim Holderness, of Holderness Family Productions, join us to discuss their book "Everybody Fights: So Why Not Get Better at It?". After more than a decade of being married and working together, Kim and Penn share how they embrace the marriage fights and the tactics they use to resolve them. In this BEST OF MKM episode from 2021, I was lucky to h...

A common marital issue with its roots in dishonesty is financial infidelity. Forensic Accountant Tracy Coenen is going to teach us more about financial infidelity, how to spot signs of it, and what we can do to prepare. Also, Jen Narciso, aka the Investor Mama, shares how she crafted her own version of family financial independence through house hacking with kids. RESOURCES **Sponsors + Partners...

It’s been over 5 years since we paid off our mortgage. And that got me thinking … Was it worth it? Would I do it again? In today's episode, I break down if paying off our mortgage in our 30s was worth it or not. RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Good Word - Michael Jordan Donates $10 Million: https://www.instagram.com/p/Cosr057O7Qk/ OTHER EPISO...

The word “rich” can mean different things to different people.  So to help us discover our meaning of rich, I’ve invited Author Scarlett Cochran on the show today.  RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors It's Not About the Money (Book): https://amzn.to/3K2UJW7 (affiliate link) GUEST BIO - Scarlett Cochran Scarlett Cochran is a lawyer, wealth expert,...

Looking for a quick reference to see if you're on track with your Coast FIRE Number based on your age? We put together an episode to help you get a gauge of how you might be tracking if you're comfortable living expenses are around $75,000 per year. Also, we're chatting about when kids should start chores with the Founders of My First Nest Egg! Last but not least, Zoey is back for another Money Qu...

With rising home prices and interest rates, people are wondering ... "Should I wait to buy a house?" Meghan Rabuse, the Family Finance Mom, joins the show again to help us answer this big question.  Also, Andrea Wallace from Arizona, shares how buying a house as a teenager helped her to become a near millionaire by 28.  RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com...

We’re all about that Carpe Diem lifestyle … we seize the day so we can build our family wealth and happiness. But what if our thinking is holding us back? What if our mindset and the story we tell ourselves are making achieving our goals so much harder? Megan Hyatt Miller is helping us dive deeper into the science of mindset and helping us realize how success starts with our thinking.  RESOURCES ...

To keep myself motivated, I need a goal or a reason to save. If you find yourself stocking away money, but you’re not sure why, let’s attach some goals to that savings. Here are 7 savings goals for you to create a happier today and tomorrow. Also, Justine Nelson from the popular Debt Free Millennials YouTube Channel shares how she paid off her debt AND then became a HALF MILLIONAIRE! Last, but not...

Andrew Giancola, the host of the Personal Finance Podcast, became a millionaire in his 30s and now he's turning his attention to helping his kids do the same. In this episode, Andrew shares how he became a millionaire so young and how he's using those same tactics to build generational wealth for his children. RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors...

Unconditional love is love no matter what.  But in marriage, aren't there conditions where your love fades? Or not? In this Bread & Wine episode, Andy and Nicole discuss if love in marriage can be unconditional or not.   BREAD & WINE RESOURCES Buy Us a Cheap Bottle of Wine: And we'll give you a shoutout during the show - thanks for the support! MKM RESOURCES **Sponsors + Partners + Deals: https://...

Inflation is the worst!  In this episode, we discuss three smart ways to fight inflation at home. By doing these simple money moves, you can save thousands of dollars! To fight inflation more, and bring more money into your home, I've invited Zac Hood from CashFreely on the show. He's going to share how cash-back credit cards can help you keep more of your hard-earned money.  Last but not least, Z...

Maggie Tucker and her husband recently retired from their corporate careers ... in their 40s! In this BEST OF MKM Highlight, Maggie shares how they were able to retire so early and what this newfound time means to her and her young family.  RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Friends on FIRE Podcast: https://friendsonfire.org/  Big Tip Tuesday: Th...

Mandy and Sean Senke from North Dakota have grown their net worth to over $1 million in their 30s! In this BEST OF MKM Highlight, Mandy and Sean share how they grew their net worth so quickly and the steps they took to avoid lifestyle inflation. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Sean Senske Website: https://www.senskemedia.com Mandy Senske Websit...

Andy makes content on the internet that talks about their family being millionaires.  It makes Nicole cringe because she doesn't feel like a millionaire or feel rich.  In this Bread & Wine episode, they debate the difference between being millionaires and being rich.  BREAD & WINE RESOURCES Start a Podcast: 5 Reasons to Hit Record Today Buy Us a Cheap Bottle of Wine: And we'll give you a shoutout...

Financial independence can feel difficult if you're a tipped worker in the service industry. Barbara Sloan is showing us the way. She's a service industry expert and the author of the new personal finance book "Tipped". After spending two decades in the service industry, she's sharing how to gain financial independence as a waitress, stripper, bartender, or any other service position. Just like sh...

The year is coming to a close. There may be year-end financial to-do’s that have escaped your mind.  Here is our year-end financial checklist so you can thrive in the new year! Also, we're hosting The Hope Effect for our Be the Change segment. This charity focuses on helping orphans globally have a better life. Last but not least, Zoey is back for another Money Quiz - a holiday edition!  RESOURCES...

What does it REALLY mean to be a millionaire? And how do people actually become one? Chris Hogan, the Author of Everyday Millionaires, shares all the millionaire truths and dispels the millionaire myths in today's episode. In this BEST OF MKM episode from 2019, Chris Hogan, former Dave Ramsey team member describes the survey they did with 10,000 real-life millionaires. Find out what they discovere...

Navigating money after divorce? Cat Collins, a financial expert and recently divorced Mom of two is here to help you thrive financially. Also, Ashley Patrick from North Carolina shares how she paid off $47,000 of debt in under 2 years!  Finally, Calvin is sharing the Good Word by revealing three MKM Annual Survey participants who won a $50 Amazon Gift Card! RESOURCES **Sponsor + Partners + Deals:...