It was such an honor to have CNBC name the Couples Financial Coach Podcast as a top podcast for helping married couples to get their finances in order!
Resources
The Key Elements of a Stripped-down Pandemic Spending Plan
What are the key elements of a stripped-down pandemic spending plan?
Rent/Mortgage
Food
Insurance (life, health, etc.)
Utilities
Other Debts, including car loan, minimum monthly credit payments, etc.
Medical/Health-related expenses
Transportation, Donations, Subscriptions: because we have to get around, support the cause, and enjoy some shows, right?
Do you fear that talking about money with your partner will just make things worse?
These conversations can be super uncomfortable. 😑
However, when done right, they’ll actually make things easier...for both your relationship AND your finances! 🥳
What’s your #1 *unconventional* money tip?
What’s your #1 *unconventional* money tip? 🤔
Mine: Don’t rush to the numbers. 🚦
Couples should talk values BEFORE they talk numbers. 😮
The 3 most common ways couples arrange their finances
The 3 most common ways couples arrange their finances:
(1) All Joint: everything goes into one pot, and everything comes out of the same pot. 🤝
(2) All Separate: each person has their own pot that they pay into and take out of. You can still split expenses; each person just pays their share from their own pot. 🙌
(3) Mixed: some shared pots, some separate pots. Common structures include each person (a) putting an equal amount or (b) equal percentage of their income into the shared pot. 🤲
Different Money Backgrounds - Is It Really a Problem?
We just have different money backgrounds…☹️
Sound familiar?
Here’s what I’ve learned: pretty much all couples feel this way. 😮
What’s the #1 money mistake couples make?
What’s the #1 money mistake couples make?
They go straight to the numbers. 📊
Do you feel anxious about your finances during times like these?
💗 Financial fear and anxiety are normal and expected during a time like this. 💗
Millennials’ Money Anxiety
Millennials often have a lot of anxiety about money.
We’ve witnessed two recessions, the cost of upper education increased by nearly 260% from 1980 to 2014, and buying a house is more challenging than it was for our parents.
What would you love to do, but finances are in the way?
💔 It breaks my heart when I see couples who -- because of their finances -- feel like they can’t get married, grow their families, or buy a home. 💔