How This Couple is Choosing to Pay Off Their Debt Before Marriage

Oct 14, 2019

Ask episode

Chapters

Transcript

Episode notes

On this episode of “In the Middle,” we talk to Ashonzay and Ellie, a couple that has combined their debt-free journey with their health and lifestyle changes. They are the founders of Debt Free & Fitness, and their mission is to help people live a healthy lifestyle with both their finances and their bodies.

Ashonzay and Ellie came from different financial backgrounds, and consequently, they entered into their relationship with very different financial situations. In total, their debt began at 120k, with most of it coming from Ashonzay, and within the past 6 months, they have reduced it by about 26k.

Ashonzay openly shares about his hesitation to be transparent with Ellie about his debt, feeling ashamed, embarrassed, and fearful that it might negatively impact their relationship. In response, Ellie sets an incredible example of acknowledging her privilege, showing compassion, and accepting responsibility for her future husband’s debt.

WHAT YOU WILL LEARN

How to accept and understand your partner’s debt
How to have a conversation with your partner about your debt
Becoming financially transparent prior to marriage
Creating discretionary budgets to make budgeting sustainable
Organizing budgets and savings towards multiple goals
Cutting back on excess spending
Meal prepping to help both the budget and health
Living intentionally while avoiding burnout
Building a debt-free community
Finding joy in things that don’t cost money
Pushing through non-motivation and remembering your “Why”

RESOURCES MENTIONED

THANKS FOR LISTENING!

Thanks for tuning into us on The His & Her Money Show. Also, If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes!Ratings and reviews are extremely helpful and greatly appreciated! Furthermore, they do matter in the rankings of the show, and we do read each and every one of them.