Marriage Kids and Money: Personal Finance for Families

If you get advice from your financial advisor and you don't agree, should you follow it anyway? After all, they probably have more education and experience than you.But in the end, aren't your motivations and goals more important?Nicole and I explore this topic after receiving a note from a listener about them disagreeing with the advice they received from their financial advisor.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsMKM Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Our family has reached Coast FIRE!After saving and investing over $500,000 before our 40th birthdays, we are pumping the breaks on investing for retirement and focusing on other goals in our lives. Find out how we did it and what those goals are in today's episode. Also, for our Be the Change segment, Ed Grocholski from Junior Achievement shares why it's important to teach kids financial and entrepreneurial skills ... especially after the pandemic. Lastly, we have another money quiz with my daughter Zoey and we'll read the review of the month!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsWallet Burst Coast FIRE Calculator: https://walletburst.com/tools/coast-fire-calc/ Compound Interest Calculator:  https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator Junior Achievement: https://jausa.ja.org/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you feeling like you're simply reacting to the moment right in front of your face?Yeah, we've been there (and still catch ourselves doing it). It's in our nature evidently.But how can we get out of reaction mode and into planning mode?Nicole and I explore how we've improved as parents and what we're doing to continue that improvement by thinking more than one step ahead.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPeaceful Parent, Happy Kids: How to Stop Yelling and Start Connecting: https://amzn.to/3jFKxFk (affiliate link)  Learn more about your ad choices. Visit megaphone.fm/adchoices

What would it be like to win $1.2 million in Vegas?Life-changing, yes, but for good or bad?Adam & Danielle Silverstein, from the Marriage & Martinis Podcast, share how this windfall affected their marriage. They also share advice for other couples looking to communicate about finances in their relationship.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsMarriage & Martinis: https://www.marriageandmartinis.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

The 5 Love Languages by Gary Chapman is a book that has really helped our marriage. The concept may be simple, but it can be difficult to remember when you're in the midst of work, busy young parenting, and global pandemics.When we do remember to love each other the way we like to be loved, our relationship truly grows. Nicole and I discuss what our love languages are and discuss our rocky path to finding how each of us likes to be loved.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsThe 5 Love Languages: https://amzn.to/2Y8rEmp (affiliate link) Learn more about your ad choices. Visit megaphone.fm/adchoices

1 in 3 Americans has a side hustle in 2021. This number has grown significantly over recent years. So ... why the growth? What is the attraction to the side hustle?To help us answer this question and to discuss the benefits of a side hustle, I’ve invited Daniella Flores to the show today. Also known as the Side Hustle Queen, Daniella is the creator of "I Like to Dabble", an award-winning global platform that helps creatives and LGBTQ+ folks start side hustles and get their financial life and future in order.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsI Like to Dabble: https://www.iliketodabble.com  Learn more about your ad choices. Visit megaphone.fm/adchoices

This past week, we received a lot of negative feedback for paying off our mortgage early. We're very happy with our decision and realize it's not for everyone.But we have to ask ... are we wrong for paying off our mortgage?What do you think?RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Yolanda wants to pay extra toward her mortgage but she’s not sure if she’s doing it correctly.Holden Lewis, a Mortgage Expert from NerdWallet, joins me to help her out.We discuss how to ensure your extra mortgage payments are going toward the principal and how refinancing your mortgage may fit into the picture.Also, we hear how Mike Kenny, from Ontario, became a millionaire Dad by 33!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsNerdWallet: https://www.nerdwallet.comMike Kenny: https://twitter.com/mike_kenny3   Learn more about your ad choices. Visit megaphone.fm/adchoices

I tend to tell my wife everything ... but is that the right way to go?My friends often tell me I'm TOO open with her. Nicole and I discuss that openness and try to determine "a line" where enough is enough with our honesty.What do you think? RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to become a millionaire?Jeremy Schneider from Personal Finance Club thinks index funds are a great place to start with your investing journey. Here’s how to invest simply and effectively today.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPersonal Finance Club (Course): Https://www.marriagekidsandmoney.com/pfc (affiliate link)  Learn more about your ad choices. Visit megaphone.fm/adchoices