Marriage Kids and Money: Personal Finance for Families

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

It's our 250th episode!To commemorate this milestone, I decided to invite my parents, Cindy and Butch Hill, to the podcast. We discuss the childhood lessons that shaped their lives and how our family came to be. I hope these conversations encourage you to connect with your parents, learn more about your history and see how you can strengthen your family tree for years to come. RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Employers are implementing their "return to work" strategies and employees are bracing for the change.Nicole and I discuss how this change will affect her work life and the pros and cons of working from home.What are your thoughts on the return to work news?RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsVoicemail: 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

Ever wonder what it takes to become a millionaire?Clark Sheffield and Jace Mattinson, from the Millionaires Unveiled Podcast, have interviewed over 200 millionaires. Today, they are sharing the habits, investment strategies, and commonalities of these successful individuals. We also review and dispel some millionaire myths along the way. RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsPersonal Capital: Track your net worth for free today. Millionaires Unveiled Podcast (Website)OTHER EPISODES YOU MIGHT LIKEFamily Wealth and Happiness: 10 Steps to a Better Tomorrow (Today)How We Paid Off Our 15 Year Mortgage in 5 Years50% to 10%: Why We're Happy Saving Less in FIRE JourneyMKM RESOURCESMKM Coaching: Request a free 15-minute consultation todayYouTube: Subscribe for free to watch videos of these episodes and interviewsInstagram: Follow our IG channelVoicemail: Leave your question or comments here Merch Store: Check out our t-shirts, hoodies, and coffee mugs!DISCLAIMERThis show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.Opinions are the creators alone.Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the last year, we spent $75,000 of our savings on cars, trips, house upgrades, and much more. Now, there's no money left!After this spending spree (including what we received from the Stimulus Checks), will we be able to enjoy our lives without expecting more?Nicole and I explore this lifestyle inflation conundrum and discuss how others may be feeling this way coming out of the pandemic.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsVoicemail: http://www.marriagekidsandmoney.com/voicemailInstagram: https://www.instagram.com/marriagekidsandmoney Twitter: http://www.twitter.com/andyhillmkm  Learn more about your ad choices. Visit megaphone.fm/adchoices

Wondering if you should invest in cryptocurrency?After receiving a question on the topic, I decided to dive into the world of crypto and learn more about it.As a part of my education, I asked 13 of my friends and colleagues in the personal finance community to share their opinions as well. You'll hear from Paula Pant, Joe-Saul Sehy, Mindy Jensen and many more on their thoughts about cryptocurrency (Bitcoin, Ethereum, etc). Additionally, we have an interview with John from the Pacific-Northwest about how he became a millionaire by 40!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, we’re talking about being a stay-at-home mom versus a working mom.This can be an incredibly difficult decision for mothers after they have children. Do I stay at home or do I continue working?Cat Alford, Author of "Moms Got Money", is here to help and she's going to shed some light on why it doesn’t always need to be such a black or white decision.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsCatherine Alford (Website): http://www.catherinealford.comMoms Got Money (Book): https://amzn.to/2R02Qd4   Learn more about your ad choices. Visit megaphone.fm/adchoices

Will you be receiving money from the Child Tax Credit?Based on our income this year, we will be receiving the tax credit and could be upwards of $500 per month starting in July.Once again, Nicole and I completely disagree with what to do with this new money. We debate how we should use it and options for other families to figure out their plans for the stimulus money.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsAdvance Child Tax Credit Payments in 2021 (IRS): https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021Child Tax Credit 2021 (USA Today): https://www.usatoday.com/story/money/2021/05/03/child-tax-credit-2021-covid-payments-start-july-update/4893305001/Voicemail: https://www.marriagekidsandmoney.com/voicemailInstagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Stephen and his new wife have $215,000 of student loan debt and they don't know what to do next. They are considering Income-Based Repayment (IBR) but aren't sure if that is the right thing to do.Financial expert Anthony O'Neal joins me to help answer Stephen's question. We discuss all things student loans including what IBR is, how student loan refinancing fits in, and Anthony's take on student loan forgiveness.RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsorsAnthony O'Neal (Website): https://www.ramseysolutions.com/anthony-onealDestroy Your Student Loan Debt (Book): https://amzn.to/3339aCERefinance Student Loans (SoFi): HTTPs://www.marriagekidsandmoney.com/sofi  Learn more about your ad choices. Visit megaphone.fm/adchoices