Rich Habits Podcast

Q&A: Separating From Active Duty, Buying Airbnbs To Lower My Taxes, & Living With My Girlfriend

8 snips
Aug 21, 2025
Listeners dive into the important conversation about managing finances in romantic relationships, including shared expenses and investment strategies. The hosts emphasize the significance of financial independence prior to marriage. They discuss the benefits of investing in tech stocks and the unique financial challenges faced by military personnel transitioning to civilian life. There's also a focus on using short-term rentals to reduce tax liabilities and strategies for small business owners to optimize earnings through smart financial planning.
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ADVICE

Keep Finances Separate With Girlfriends

  • Treat an unmarried partner paying you like a roommate and keep finances separate until marriage.
  • Use the rent money how you would if a roommate paid you and get written agreements to avoid disputes.
ADVICE

Put Roommate Rent Toward Investments

  • If a roommate pays you rent, consider investing that money instead of treating it as their mortgage share.
  • Prefer building investments unless your mortgage rate is very high and you intend to aggressively pay it down.
ADVICE

Use Cash To Eliminate Student Debt

  • Pay off student loans if you have equivalent investments and cash to cover them.
  • Reinvest the freed monthly payment into long-term investments, not new consumption.
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