Marriage Kids and Money: Personal Finance for Families

Should the man always pay for dinner on dates?What about dinners with friends? How do you handle that?Nicole grew up in a different culture than Andy and they discuss how this "paying for dinner" situation has caused a lot of controversy in their marriage. They review the pros and cons of being generous with paying the bill and if you might actually offend someone if you insist on paying. What do you think?Please leave us a voicemail or a note on InstagramCheers!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

CBS News Business Analyst Jill Schlesinger shares common money mistakes to avoid on our financial journey.It's fun to celebrate the big financial wins, but it can be just as important to review our mistakes. That way we learn from them and grow.Jill Schlesinger, Author of "The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs", breaks down why we make these mistakes and what we can do to avoid them in the future.Show notes: https://marriagekidsandmoney.com/podcast/money-mistakes-to-avoid-jill-schlesinger/RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it more important to increase your income or decrease your expenses?Which lever is more important to pull on your financial journey?Nicole throws a curveball at Andy and tells him he can't choose both. Boo!They discuss the decisions they've made in their marriage regarding increasing income and decreasing expenses. Given the power of both options, what do you think is the right answer?They'd love to hear from you through voicemail or on InstagramRESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you in your 30s and you're ready to start investing?Well, you may already be an investor and you didn't even know it! Find out why when I chat with Broke Millennial Author, Erin Lowry.She discusses how we can invest for our retirement and for other events in our lives and pay fewer taxes in the process.We also discuss how to find a financial advisor you can trust and why fiduciary may be the best "f-word" ever!Show Notes: https://marriagekidsandmoney.com/podcast/how-to-start-investing-30s-erin-lowry/RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Is there a difference between cheap and frugal?Some see them as the same thing and others feel there is a big difference. As per usual, Nicole and Andy disagree on the cheap vs. frugal discussion and they dive into it headfirst. Where do you fall? Is cheap the same thing as frugal? Should there be a better word being discussed here?Let us know on Voicemail or on InstagramRESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Faith & Leo Jean-Louis recently paid off over $200,000 of debt. The year after, they invested over $100,000 in the stock market. Discover how they did this and paid fewer taxes in the process. This inspiring young family is building generational wealth through faith, legacy, and focused investing.What would generational wealth mean to your family?Check out the show notes and video: https://marriagekidsandmoney.com/invest-100000-in-1-year-faith-leo-jean-louisRESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you feel talking about money is taboo?Nicole and I dive into how sensitive it is to talk about money in our culture and in our relationship. We discuss ways that this awkwardness has made its way into our marriage and takeaways for other couples who are wondering how to handle the taboo topic of money. Want to give us feedback or ideas for future episodes?Contact us on Instagram or leave a voicemail at marriagekidsandmoney.com/voicemailRESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

After working in his corporate career for 20 years, Tom is looking to resign and experience his financial independence. He wants to do it right and leave with a severance package that helps him roll into his early retirement. Sam Dogen from Financial Samurai joins me to help Tom engineer his layoff and make this process successful.Also, Andy LeBlanc from Utah shares how he became a millionaire by age 41!RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it worth it to leave a six-figure career to pursue entrepreneurship?That's what I asked my wife Nicole today. It's been one year since I left my job and we've been through a lot with the pandemic, virtual school and loss of income. We discuss the impact of this decision, if we'd do it all over again and advice for other couples considering this entrepreneurship leap. RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Some people feel that budgets can be restricting or they reinforce a scarcity mindset.While others get a sense of freedom and control with their budget. So what's the right answer?Jesse Mecham, Founder of You Need a Budget (YNAB), joins me to discuss this debate and how people can find their individual path with budgeting. RESOURCES**Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices