Marriage Kids and Money: Personal Finance for Families

Sam Dogen from Financial Samurai shares how he was able to build up enough passive income to earn over $200,000 per year. As a young father, he appreciates the opportunity to be there for his young family while still being able to provide a good life in San Francisco. This is a "BEST OF MKM" episode from January 2020! Currently our most downloaded episode to date. Enjoy! RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

In post-pandemic life, do you feel like you're constantly pressed for time? Lately, we're feeling like time is the new currency.Nicole and I discuss how trying to do it all has been difficult and unhealthy for us both. We discuss some takeaways on how we're trying to improve.Part of that improvement is realizing that time, just like money, is a finite resource.RESOURCES:**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsBlackrocks Brewery: https://www.blackrocksbrewery.com/Full Focus Planner: https://www.marriagekidsandmoney.com/fullfocusplannerEssentialism: https://amzn.to/3jCZYyx  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this wild real estate market, house hacking has become a popular way to lower your cost of living and take advantage of the appreciating asset of real estate.But what is house hacking? How does it work?Well, our guests today are here to help us learn more. Ali & Josh are the married couple and financial educators behind The FI Couple, a platform dedicated to helping individuals take control of their finances.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPersonal Capital: HTTPs://personalcapital.com/mkmThe FI Couple (Instagram): https://instagram.com/theficouple Set for Life by Scott Trench: https://amzn.to/2T2xROe  Learn more about your ad choices. Visit megaphone.fm/adchoices

Taylor & Scott Rieckens started a very public journey towards FIRE (Financial Independence Retire Early) a few years ago.They developed a documentary entitled "Playing with FIRE" that received high praise from publications like the US News calling it one of the "Top 10 Best Finance Movies of the Decade".Nicole and I wanted to check in with these two filmmakers, parents and financial independence enthusiasts and see how their FIRE journey has progressed over the past few years.You know, see if they are still playing with FIRE!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPlaying With FIRE - The Documentary: https://amzn.to/35UA816Playing With FIRE (Website): http://playingwithfire.co Learn more about your ad choices. Visit megaphone.fm/adchoices

After taking the leap from my corporate career over a year ago, I sometimes look back and wonder… Did I make a mistake? Did the glory of “going out on my own” and “doing my own thing” get me so excited that I didn’t think long-term enough? Was this change a smart move?I share some of the disadvantages of entrepreneurship versus being an employee and I highlight some of the pros as well. Also, I interview Leslie & Mike Hermanson about why they decided to pay off their mortgage in their 30's.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsInstagram: HTTP://www.instagram.com/andyhillmkm  Learn more about your ad choices. Visit megaphone.fm/adchoices

As we grow up, our parents have a lot of influence on the people we eventually become. But outside of parenting, sometimes we are who we are and there's not much they can do to change it.Nicole and I discuss how we were raised by our parents and if our money beliefs were crafted by that upbringing. Or was it something completely different? Are we just born how we are?We explore the topic and enjoy a glass of wine together as usual.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsYouTube: https://YouTube.com/MarriageKidsandMoneyInstagram: https://Instagram.com/MarriageKidsandMoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Generational Wealth is the type of wealth that allows your family to experience financial freedom, choice, and options for generations to come.The type of wealth that allows you to have the financial power to be the positive change you want to see in our society and our country. Our guest today, Anne-Lyse Wealth, is here to tell us more about Generational Wealth and how we can all pursue it for our families.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPersonal Capital: HTTPs://www.personalcapital.com/mkmCorporate Wellness (Contact Me): HTTPs://www.marriagekidsandmoney.com/contactDream of Legacy (Anne-Lyse Wealth): https://dreamoflegacy.com/   Learn more about your ad choices. Visit megaphone.fm/adchoices

With all the services and restaurants we interact with on a daily basis, it's hard to know when you should tip and when you shouldn't.Nicole and I discuss the world of tipping and the etiquette we've developed around it.And we also chat about the areas where we have no clue!What are your go-to tipping policies?RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsHow Much Should I Tip? w/ Maggie Oldham & Matt Schultz (MKM Session 47): https://marriagekidsandmoney.com/how-much-should-i-tip/Instagram: https://www.instagram.com/marriagekidsandmoneyYouTube: HTTPs://www.marriagekidsandmoney.com/youtube  Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing can feel intimidating and a lot of times you don't know where to start. I'm laying out how to start investing in 10 simple steps today. Also, Cassie wants to know how to handle her 529 account after leaving her financial advisor. I share some quick tips for her as she makes this transition. RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPersonal Capital: https://www.personalcapital.com/mkmCorporate Wellness: https://www.marriagekidsandmoney.com/contactVanguard: http://www.vanguard.comFidelity: http://www.fidelity.comMN 529 Plan: https://www.mnsaves.org/   Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the American Psychological Association, 40-50% of marriages in the United States end in divorce.With a statistic like that, one might wonder if a prenup (prenuptial agreement) is a smart move.Nicole and I discuss if we should have gotten a prenup when we got married, if we would now, how second marriages would play out and if we'd recommend one to our daughter as she grows older.What are your thoughts on prenups?RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsBlog: https://www.marriagekidsandmoney.comPodcast: https://www.marriagekidsandmoney.com/Podcast-ArchiveFacebook Group: https://www.marriagekidsandmoney.com/CommunityVoicemail: https://www.marriagekidsandmoney.com/voicemailTwitter: HTTPs://www.twitter.com/andyhillmkmInstagram: https://www.instagram.com/marriagekidsandmoney  Learn more about your ad choices. Visit megaphone.fm/adchoices