Having One Year Worth of Cash in the Bank

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Both of us have paid off our student debt and everything else. We realized that having some amount of cash that makes us feel okay in the event that we lose our jobs or we take more risky paths is very important to us. And so rule number two in our philosophy is always have one year worth of cash in the bank, even if it means missing out on investment returns.

Money is a leading cause of problems in relationships. It’s not just not having money, it’s conflict around money, lack of alignment, and the downstream effects of that.

Money is complicated because it’s influenced by your direct circumstances, but also by your childhood, psychology, and trajectory. It's also complicated because so few people talk openly and honestly about money.

In this episode, Steph and Cal open up the kimono and explore how they deal with and think about money in their relationship. They share their current working philosophy on money and stories about the things they struggle with and are still working on.