Marriage Kids and Money: Personal Finance for Families

With the cost of college rising and rising year over year, as parents, we have to ask ourselves: "Is college worth it?" Nicole and I debate the topic and discuss our college plans for our children. We have some excellent contributions from the live stream audience and we share some collective takeaways on the "college vs. no college" debate. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors UNest (brokerage for kids): https://www.marriagekidsandmoney.com/unest Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you interested in learning about investing? One of the best ways that I've grown my knowledge about the stock market and investing is through a good book. Today, I'm sharing 10 books that helped me become a better investor and ones that I’d suggest to you as you discover more about investing. Also, we hear from Rishi Vamdatt of Easy Peasy Finance about investing for kids and how to get started. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Best Investing Books: https://www.marriagekidsandmoney.com/best-books-to-learn-about-investing Easy Peasy Finance: https://www.easypeasyfinance.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Would you want to receive an inheritance from your parents? At first glance, the answer might be "hell yeah"! Nicole and I dive deeper into the subject and discuss the ramifications of getting money after Mom and Dad pass away. We discuss the pros and cons of getting an inheritance from parents and what we want to do with our kids. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Trust & Will: https://www.marriagekidsandmoney.com/trustandwill Vanguard (Taxable Brokerage for Inheritance): https://www.vanguard.com "Lady of the Lake" Netflix Unsolved Mysteries: https://www.imdb.com/title/tt12924500/ MKM RESOURCES Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/Podcast-Archive Facebook Group: https://www.marriagekidsandmoney.com/Community Voicemail: https://www.marriagekidsandmoney.com/voicemail Twitter: HTTPs://www.twitter.com/andyhillmkm Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Nicole and I have seen some tough days in our relationship. There's been yelling, name-calling, and even marriage counseling. We’ve also had excellent days where we’ve felt appreciated, loved, and thrilled that we’ve chosen to be with each other. So the big question is … How do we get more excellent days in our marriages? Our guests today have a concept that may make that a possibility for a lot of us. Kaley and Nate Klemp are the writers behind the newly released “The 80/80 Marriage: A New Model for a Happier, Stronger Relationship” RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors 80/80 Marriage (Book): https://amzn.to/3e3NgFz Learn more about your ad choices. Visit megaphone.fm/adchoices

In a relationship, there can be certain things that bother us about our partners. Should we try to change them? Or love them just the way they are? Nicole and I discuss a recent marriage fight we had about this very topic. We share what the argument was and our thoughts on if you should change your spouse or not. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors The 5 Love Languages by Gary Chapman: https://amzn.to/2VtUtbw Everybody Fights by Kim & Penn Holderness: https://amzn.to/36A2ca1 Learn more about your ad choices. Visit megaphone.fm/adchoices

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/sponsors Blackrocks Brewery: https://www.blackrocksbrewery.com/ Full Focus Planner: https://www.marriagekidsandmoney.com/fullfocusplanner Essentialism: 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/sponsors Personal Capital: HTTPs://personalcapital.com/mkm The 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/sponsors Playing With FIRE - The Documentary: https://amzn.to/35UA816 Playing 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/sponsors Instagram: 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/sponsors YouTube: https://YouTube.com/MarriageKidsandMoney Instagram: 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/sponsors Personal Capital: HTTPs://www.personalcapital.com/mkm Corporate Wellness (Contact Me): HTTPs://www.marriagekidsandmoney.com/contact Dream 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/sponsors How 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/marriagekidsandmoney YouTube: 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/sponsors Personal Capital: https://www.personalcapital.com/mkm Corporate Wellness: https://www.marriagekidsandmoney.com/contact Vanguard: http://www.vanguard.com Fidelity: http://www.fidelity.com MN 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/sponsors Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/Podcast-Archive Facebook Group: https://www.marriagekidsandmoney.com/Community Voicemail: https://www.marriagekidsandmoney.com/voicemail Twitter: HTTPs://www.twitter.com/andyhillmkm Instagram: 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/sponsors Voicemail: https://www.marriagekidsandmoney.com/voicemail Twitter: HTTPs://www.twitter.com/andyhillmkm Instagram: 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/sponsors Personal Capital: Track your net worth for free today. Millionaires Unveiled Podcast (Website) OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here Merch Store: Check out our t-shirts, hoodies, and coffee mugs! DISCLAIMER This 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/sponsors Voicemail: http://www.marriagekidsandmoney.com/voicemail Instagram: 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/sponsors Catherine Alford (Website): http://www.catherinealford.com Moms 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/sponsors Advance Child Tax Credit Payments in 2021 (IRS): https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021 Child 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/voicemail Instagram: 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/sponsors Anthony O'Neal (Website): https://www.ramseysolutions.com/anthony-oneal Destroy Your Student Loan Debt (Book): https://amzn.to/3339aCE Refinance Student Loans (SoFi): HTTPs://www.marriagekidsandmoney.com/sofi Learn more about your ad choices. Visit megaphone.fm/adchoices

As a small business owner, negative reviews can be devastating. They can deal a major blow to your confidence and, in some cases, to your bottom line. We invited two small business owners to the show to discuss this very topic. Wendy Hill Manson, Airbnb Superhost, and David Manson, Co-Founder of Blackrocks Brewery, discuss the impact of negative reviews on their businesses and how to deal with them. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Blackrocks Brewery: https://www.blackrocksbrewery.com/ Hewitt Onion Tower (Airbnb): https://www.airbnb.com/rooms/38814530 Voicemail: https://www.marriagekidsandmoney.com/voicemail Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

After doing this show for the last 5 years, I’ve heard from a lot of people that say they feel like a complete financial disaster. They are making good money, but they are disappointed with what they have to show for it. Our guest today has dedicated his life to fixing financial lives just like this and helping to transform them into millionaires. Peter Dunn a.k.a. Pete the Planner® is the CEO and Founder of Your Money Line, a corporate financial wellness solution, and Hey Money, a direct-to-consumer solution that connects people to friendly financial experts. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Pete the Planner (Website): https://petetheplanner.com/ Pete the Planner (YouTube): https://www.youtube.com/user/petetheplanner Hey Money: https://callheymoney.com/ Your Money Line: https://yourmoneyline.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

It's the age-old question ... Can money buy happiness? Joe Saul-Sehy, Host of the Award-Winning Stacking Benjamins Podcast, joins us to help answer this question. There may not be a right answer, but the three of us explore it anyway. What do you think? RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Stacking Benjamins Podcast: https://www.stackingbenjamins.com/ Voicemail: https://www.marriagekidsandmoney.com/voicemail Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Socially Responsible Investing (SRI) has grown in popularity lately. But does it pay well to do good? I speak with Personal Capital's Brendan Erne about what Socially Responsible Investing is and why investors are flocking to it. Also, I have a conversation with Andrew Behar from As You Sow about how we can all hold corporations accountable in creating a better tomorrow for our families and our society. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

At what point do we stop climbing the corporate ladder? For the last couple of years, Nicole has jumped back into the corporate world. She's doing a great job (per usual) and there is talk of a promotion and a raise. At this point in her life, she's not sure if she wants it. We discuss this situation together and talk about the costs of taking the promotion and climbing the corporate ladder. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Cauliflower Pizza at Costco (DELISH): https://www.miltonscraftbakers.com/cauliflower-crust-pizza-vegetable Voicemail: http://www.marriagekidsandmoney.com/voicemail Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Author Jennifer Barrett wants women to earn more and worry less. As our nation grows with more and more female breadwinners, Jennifer is on a mission to ensure women are creating the most successful future possible. In our interview, she shares helpful tips for women who want to make more, invest more, and have the freedom to make the decisions that work best for them and their families. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Think Like a Breadwinner (Book): https://amzn.to/3t4AM5Q Jennifer Barrett (Website): https://www.jenniferbarrett.com/ Instagram: https://www.instagram.com/jbarrettnyc/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Some folks say keeping score in relationships is a bad idea. We disagree. Nicole and I discuss how keeping score in our marriage helps us keep our sanity and helps each other feel loved. We discuss how this scorekeeping has changed throughout our marriage and why it may be a helpful relationship tactic for other couples. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors 5 Love Languages (Book): https://amzn.to/2PTkluF Voicemail: http://www.marriagekidsandmoney.com/voicemail Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Samantha and her husband are trying to decide between a 15-year mortgage and a 30-year mortgage. Scott Trench and Mindy Jensen, co-hosts of the wildly popular BiggerPockets Money Podcast and the authors of the new book, "First Time Home Buyer", join to help answer her question. Also, we hear from Abby Feuer from DonorsChoose about the state of teaching in America and how we can all help. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it better to be an employee or an entrepreneur? Nicole has been an employee her entire adult life and Andy is diving into year 2 of being a small business owner. They dive into the pros and cons of being an employee and the same for entrepreneurship. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors 5 Love Languages (Book): https://amzn.to/2PTkluF Voicemail: http://www.marriagekidsandmoney.com/voicemail Instagram: https://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Tiffany Aliche (aka "The Budgetnista") shares how she went from being an unemployed pre-school teacher to an 8-figure business leader. And the entire process happened within 10 years' time! The Budgetnista's story is so inspiring. You won't want to miss this one. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Personal Capital (Sponsor): http://www.personalcapital.com/mkm Corporate Wellness (Contact): http://www.marriagekidsandmoney.com/contact Get Good With Money (Book): https://amzn.to/31gYobl The Budgetnista (Website): https://thebudgetnista.com/ Instagram: https://www.instagram.com/thebudgetnista/ MARRIAGE KIDS AND MONEY: This award-winning blog, podcast and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debt-free young parents. Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/Podcast-Archive Facebook Group: https://www.marriagekidsandmoney.com/Community Coaching: https://www.marriagekidsandmoney.com/coaching Learn more about your ad choices. Visit megaphone.fm/adchoices

Love is in the air! But do opposites attract? Nicole and I talk about our larger-than-normal tax refund and we both have VERY different views on what to do with the money. We over-analyze our differences with money and ponder about other differences and opposites in relationships. Can these types of differences work in relationships over the long term? We hash that out and decide. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Voicemail: http://www.marriagekidsandmoney.com/voicemail Instagram: http://www.instagram.com/marriagekidsandmoney Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you heard of The One Thing, but don't know what it is? Geoff Woods, the host of The One Thing Podcast, shares how we can conquer our goals and have more time dedicated to the people and things we love. We can do this by answering one simple question. Find out what it is today! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors The One Thing (Book): https://amzn.to/3lsudY1 The One Thing (Website): https://the1thing.com Instagram: https://www.instagram.com/the1thingbook/ ABOUT GEOFF WOODS Geoff Woods is the Co-Founder and President of ProduKtive, the company behind The ONE Thing and the host of The ONE Thing podcast which is in the top 5% of all podcasts in the world. After hearing the Jim Rohn quote that "you are the average of the 5 people you spend the most time with" Geoff set out on a mission to surround himself with high-level CEOs and successful entrepreneurs. Fast forward, Geoff went from employee to entrepreneur, launching a company with the co-authors of the best-selling book The ONE Thing. Geoff has been featured in Entrepreneur.com and is on a mission to help people better invest their time and achieve extraordinary results. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you getting started with the Dave Ramsey Baby Steps? After completing all 7 Baby Steps, Nicole and I have some pros and cons to share from our experience. We hope our thoughts help you on your journey to financial freedom and beyond! DAVE RAMSEY RESOURCES Total Money Makeover (Book): http://www.marriagekidsandmoney.com/totalmoneymakeover Financial Peace University (Course): HTTP://www.marriagekidsandmoney.com/FPU Dave Ramsey Baby Steps: https://www.daveramsey.com/dave-ramsey-7-baby-steps MARRIAGE KIDS AND MONEY: This award-winning blog, podcast, and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debt-free young parents. On Fridays, Nicole Hill leads a podcast called "Bread & Wine" where the couple debates money issues while having a glass of wine. **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/Podcast-Archive Facebook Group: https://www.marriagekidsandmoney.com/Community Coaching: https://www.marriagekidsandmoney.com/coaching DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel 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

Paying off your mortgage early is an idea that I absolutely love! But I know it's not for everyone ... I decided to look at the disadvantages of paying off your mortgage so people can see both sides of the argument and make the best decision for them. Also, we hear from Juan from Michigan whose simple term life insurance policy changed the course of his family's life. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors UNest: Start investing easily for your children today! Quotacy: Get term life insurance and protect your family from the unexpected. OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here Merch Store: Check out our t-shirts, hoodies, and coffee mugs! DISCLAIMER This 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

Are you considering the FIRE (Financial Independence Retire Early) Movement? This is a big decision to make especially if you're in a committed relationship. It's not just your decision ... it affects both of you. Andy shares how he learned this the hard way and how he and Nicole are now pursuing a version of Slow FI ... enjoying your life and your work today instead of the traditional FIRE path. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you having more marriage fights lately? Kim and Penn Holderness, of Holderness Family Productions, join us to discuss their new book "Everybody Fights: So Why Not Get Better at It?". After more than a decade of being married and working together, Kim and Penn share how they embrace the marriage fights and the tactics they use to resolve them. I'm lucky to have Nicole join me for the interview today too! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Wondering about your marriage roles lately? Is it okay to change from your current station in marriage? Perhaps you're ready to go back to work instead of being a stay-at-home parent or you're ready to take on more of the domestic duties. Andy and Nicole discuss how their roles have changed throughout their 10-year marriage. They share the pros and cons of working full-time and being a stay-at-home parent full-time. What is your current role in marriage? Are you ready for a change? RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you considering leaving the city to find a more reasonable place to live? That's what Andy Hill and Stefanie O'Connell Rodriguez, host of Real Simple's "Money Confidential" Podcast, are covering today. After that Andy answers a question about how to get your partner on board with FIRE (Financial Independence Retire Early). And last but not least, Zoey and Andy do another money quiz! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

What a year! Has the judgment increased lately or is it just us? For as hard as we try, why do we judge others? And why do we care what others think about us? Nicole and Andy discuss recent judgment they have both received as well as judgment they've doled out. They discuss some takeaways on steps they are trying to improve personally. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Wendy Hill Manson wanted a side hustle to make some extra money to help her boys pay for college. She decided to take the plunge into Airbnb. A few years later, she's now an Airbnb Superhost with 4 rental units and ready to expand. Last year, she made over $100,000 with Airbnb! Wendy shares how she got started, the mistakes she made along the way, and how Airbnb is helping her ease into retirement. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

What is your policy on doing business with family and friends? Nicole and Andy discuss the awkward nature of working with people you know instead of people you don't know. It's easy to go with the 5-star rated service on Yelp, but there may be some untold benefit to support your brother, sister or cousin in their business venture. Is it worth it? Please let us know by tagging us on Instagram or leaving a voicemail RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ready to buy a house, but you're not sure you can afford it? That's the situation our friend Ryan is in today. He is planning to move and wants to stop renting because he feels like it's a waste of money. I share 5 strategies that will help him know when he is ready to buy a house. Also, I answer another question from Karen about consolidating investment accounts. Lastly, Janelle Page from Indiana shares how she paid off her house in just 3 years! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Instagram Cheers! 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 Instagram RESOURCES **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 Instagram RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices