Marriage Kids and Money: Personal Finance for Families

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-louis RESOURCES **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/voicemail RESOURCES **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

Can you be happily married and have separate bank accounts? Nicole and I dive deep into the subject and analyze if this is something we could do in our relationship after 10 years of having one joint account. Knowing how personal this topic can be, Nicole and I share three takeaways for couples to decide if this is right for them. What do you think? Could you see having yours, mine and ours account in your relationship? Let us know on Instagram! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Rachel Cruze joins me to answer a question from anonymous: "My husband wants separate bank accounts and I don't. What should I do?" We discuss the options available to our anonymous friend including the importance of clear communication and even asking for support from a marriage counselor. Rachel and I also discuss her thoughts on the Enneagram Test, how she differs in opinions from her Dad, Dave Ramsey and what she thinks of the FIRE Community. During the second part of the episode, I throw out another MKM Challenge to reflect on 2020 and fight our instincts toward negativity. Lastly, Zoey joins me for our very first "Money Quiz"! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

What's money for if you can't enjoy it? Sometimes when it's all lumped into one account that can be hard. Nicole and I talk about the benefits of breaking your money into buckets to allow yourself to have some more fun. Do you break your money into buckets? Let us know on Instagram -- https://www.instagram.com/marriagekidsandmoney RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Lowering our annual expenses can allow us to achieve debt freedom and financial independence a lot sooner. But spending less can also mean not having as much fun. And who wants that? Not our family! That's why we went on a quest to decrease our UN-Fun expenses by $20,000 while increasing our FUN expenses by $10,000. Who's ready to have more fun for less money? I share all the details of how our family made this financial change up and how you can too. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever been passionate about something and your spouse doesn't share the same passion? These differences can affect your relationship ...sometimes for better and sometimes for worse. Nicole and Andy Hill discuss how these types of conflicts have affected their relationship in the past and how they have dealt with them. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to become a young millionaire? So did J. Money from "Budget Are Sexy" fame over 10 years ago. He started tracking his net worth each month and eventually, he hit his millionaire milestone. J. Money shares what your net worth is, how you can easily track it and ways for you to grow your net worth to a million and beyond. Listen to today's first-ever BEST OF MKM episode featuring J. Money! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Nicole and Andy chat about buying presents for the kids for Christmas. How many are too many? How little is too little? We're not sure we have the answers, but we sure enjoyed our drinks while we're discovering it. Thanks for joining us for another Bread & Wine episode! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

In order to keep our personal information safe online, we need to remain vigilant and aware of how cyberattacks happen. Dr. Eric Cole shares practical steps we can take to protect ourselves from malicious cyber crimes like phishing scams, hacks and data breaches. This is serious business as families can lose so much of their hard-earned wealth. Listen to find out how the quick steps you can take to protect your wealth and your family. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

By popular demand, I invited my wife Nicole to join me for our first (and hopefully not last) "Bread & Wine" episode. Our chat today is about contentment. How do we become content? How do we stay content? And how do we fight discontentment? Cheers! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

After becoming debt-free, you may see your credit score drop. I discuss how to increase your credit score over time and still remain debt-free. Also, Tanya Van Court from Goalsetter shares the financial lessons kids can learn from the financial crisis. We also discuss how their financial literacy app helps kids (and families) prosper with money. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to make a million in the stock market? Brian Weitzel made it happen before his 40th birthday. He's a school teacher, real estate investor, photographer and disciplined investor from metro Detroit. Brian shares how we achieved this million-dollar feat before 40 and gives us advice on how we can follow a simple and effective path to wealth as well. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to help your teen become money-savvy? Ed Vargo, a money expert and father to 5 daughters, knows first-hand how to navigate this difficult terrain. He shares practical tips for parents in helping their teens have a healthy relationship with money. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

The election is over! (Well, sort of) ... As the dust is settling, there's a lot of talk about how to invest your money based on who our president is. I review my investment philosophy and how I'm changing things up based on the election results. We also hear from Josh Hastings who paid off $300,000 of student loans! He shares how he and his wife partnered together to make this happen. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

When you're about to be married, money can sometimes be one of the last things you think about. Lawrence Gonzalez, the creator of The Neighborhood Finance Guy, shares the importance of making financial planning goals before marriage. We also discuss not overdoing it with your goals as well. This delicate balance is something Lawrence is working on as someone who is about to be married. Check out our interview and learn some important financial planning goals before marriage - they just may help you have a happy, healthy and wealthy marriage! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you trying to decide whether a Roth or Traditional IRA is best for you? Certified Financial Planner Echo Huang joins us to help answer this important question and we discuss other important decisions when it comes to your retirement investing. We also hear from Tammy Tibbetts from "She's the First" about how we can make an impact on the world. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

After not having enough time with his family and being simply overworked, Joe DiSanto decided to pack up and leave California. He and his family ended up in Florida. With the lower cost of living, he's now semi-retired and spending more time with his wife and son. Joe describes how his family made this transition physically and financially. He shares tips for others who are considering a big move and a life of geo-arbitrage. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Scott and his husband are a dual income no kids (DINK) household. They have come into some extra money lately and want to know what to do with it. Do they invest the money? Do they save it? Or do they pay down debt? To help me answer Scott's question, I've invited David and John Auten-Schneider from the Queer Money Podcast. These financial experts break down different options for Scott and how their decisions relate to LGBT couples in general. Also, Kestrel McCorkle from North Carolina shares how she paid off her 50 acres of land and now owns it free and clear. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Can't figure out how to stick to your budget and crush that debt? The Budget Mom, Kumiko Love tells us how to do just that. We first review how she eliminated $77k of debt in just 8 months and then went on to purchase her home for cash. After that, she shares 5 helpful tips for others who are looking to pay off their debt and achieve their financial freedom goals. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Why are index funds so popular? Paula Pant from Afford Anything joins me to answer a listener question about this investment option and shares why they are superior. Shandon Fowler, VP of Marketing, from Starship HSA also joins us this week to weigh in on the "HSA vs. 401k" debate. Last but not least, my daughter Zoey reads the review of the month and we talk about virtual school, hybrid school and what it's like to wear a mask for 3 hours at school. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

With its extremely high cost, it can be difficult to know how to pay for adoption without debt. Amanda and Jonathan Teixeira went through the adoption process three times and ended up paying nearly $100,000 in total. But they did all three adoptions without debt. Here's how they did it. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you feeling parental burnout lately? Elle Martinez joins me to share 5 ways we can prevent parental burnout during this difficult season. Also, Derek Sall shares how side jobs helped him to pay off his mortgage early after a tough divorce. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you heard of "work-life integration" when it comes to your family? Author Mark Timm shares why this methodology is much better for families than chasing the elusive "work-life balance". As a father of 6 children and a serial entrepreneur, Mark knows the challenges that come with managing a business and being a family man. By implementing a true family first approach, Mark's path of work-life integration has made him a happier man and his family is happier as well. Mark shares simple steps we can all take to gain work-life integration into our lives and leave the idea of work-life balance behind. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Raising money-smart kids gives them a better shot at financial independence. Co-Authors of the new book, "Raising Your Money-Savvy Family for Next Generation Financial Independence", Doug Nordman and Carol Pittner explain how this type of planning helped their family achieve financial independence. Also, BusyKid's Gregg Mursett shares how their chore and reward app helps the financial literacy process and gets your kids working and earning fast. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Financially Independent Millionaires, Nadia Busseuil and Nicole Carter share how dividend investing helps you achieve financial independence. They share how to get started with dividend investing and why you don't need a lot of money to become an investor. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Lee Huffman, the blogger behind Bald Thoughts and the We Travel There Podcast, shares how to travel for cheap (or free) with credit card rewards and points. This year, may not be the best for travel, but it is a great time to save up the points and miles for your next big vacation. Lee shows us which cards are worth it, how to responsibly earn points and rewards, and how some simple steps can net you a nearly free dream vacation! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you wondering if it's better to pay off your mortgage, save or invest your extra cash right now? So is Samme from Chicago! I have some thoughts that I share with Samme on what to do with her money now that she's debt-free and starting to build wealth. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you think your spouse spends too much money? Financial Coach, Ericka Young, has some advice for you on how to resolve this marriage and money issue. We discuss the following: - Why it's important to learn about your spouse's history with money - How budgeting together can help your financial situation - Why compromise is key to marriage and money success RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Co-Authors of "Start your FIRE", Dylin Redling and Allison Tom answer a listener question about how to increase income to retire early. Also, Childhelp's Daphne Young discusses the state of child abuse in the US during the pandemic and what we can do about it. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to learn how to become a millionaire by age 30? Lisa Schader from Money Fit Moms shares the 7 steps she took to become a young millionaire and take her family to the next level of wealth and happiness. With these steps, we're hopeful you will achieve your own version of financial independence and financial freedom as well. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Looking to create a financial independence plan? Let's define what financial independence means to you and review the tools to get you there. Also, we chat with Deacon Hayes from Well Kept Wallet about how he paid off his mortgage in 5 years and how others can do the same! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Think your child is better suited for a career in the trades instead of traditional college? Find out how your teen can earn a high-paying job with no college degree from Ken Rusk, Author of "Blue Collar Cash". He discusses six-figure career options for your teenager and why selecting a college for the "experience" might be something to think twice about. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Early retiree, Steve Adcock, joins us to answer a listener question from David who wants to retire by 40. He discusses what FIRE (financial independence / retire early) means, how to reach early retirement and how side hustles can help. We also hear from the Founder of Qube Money, Ryan Clark, about why cash envelopes are more effective than using credit cards. He also shares how their new fintech solution gives you the best of both worlds. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you interested in achieving financial independence, but the traditional path seems too difficult to reach? Slow FI might be your ticket to a happier and more fulfilling life. Jessica from the Fioneers explores how Slow FI helped transform her life and we also discuss the different levels of financial independence people can achieve throughout their life. These periodic wins can be helpful (and potentially more satisfying) along your path to financial independence. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you heard of Coast FIRE or Coast FI? We're learning all about this retirement planning strategy with Sam Dogen from Financial Samurai. Also, we chat w/ Sarah Philips from 4 Pocket Allowance about helping your kids become mortgage-free in the future. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

We've reached episode 200 of the podcast!! On today's show, I am interviewing my son Calvin, my daughter Zoey and my wife Nicole. Every 50 episodes, I've done this as a way to remind myself and my family that they are the most important people in my life. For episode 200, we're chatting about our crazy 2020 year so far. We touch on job changes, Coronavirus, and racism. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Jedidiah Collins, CFP explains how Roth IRA investing can help you increase your wealth as you move through your financial freedom journey. We discuss the advantages of a Roth IRA, how you'll save on taxes and how to open an account today. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

After nearly 10 years of focus and partnership, our young family just hit the millionaire mark! Here are the 10 steps we took to become young millionaires. Also, we hear from Colin Nabity from Breeze about the importance of long term disability insurance and why young families might need it. Lastly, my daughter Zoey and I talk about how to set up a chore and reward system for your kids. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Where does giving back and generosity fit in when pursuing financial independence? Author Dave Mason thinks it should be a major part of everyone's FIRE journey. He shares 3 ways for you to give back as you are working toward your version of financial freedom. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you wondering if you have enough saved for retirement? Joe Saul-Sehy shares why we should focus on our expenses over income when it comes to retirement. Also, Bob Lotich shares how he went from $46,000 in credit card debt to mortgage-free. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to achieve financial independence? Author of The Simple Path to Wealth, JL Collins, shares how we can all work to achieve financial independence through index fund investing. We review how to start your journey to financial independence, where to invest your money and why index funds are a better investment choice. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Student Loans are already a confusing subject. Now when you add Coronavirus into the mix, it becomes even more complicated! Robert Farrington from The College Investor joins us to explain why you shouldn't pay back your student loans right now. Also, we hear from Brian Harrison from SAVVI Financial about how we can take 3 steps to financial empowerment this year. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Patrick Aime shares his journey around the world that helped him go from bankruptcy to a young millionaire in a decade even in the midst of a recession. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

With all the pay cuts, furloughs and job loss from the global pandemic, families are looking to save some money quickly. Here are 10 ideas to consider that will help you and your family save money during this quarantine season. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Couples financial counselor Adam Kol stops by to share smart strategies to end money fights and improve communication in your relationship. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

This season of a global pandemic has caused a lot of issues for families. Elle Martinez and Andy Hill discuss ways for parents to thrive financially and personally in this crisis. They discuss how to handle debt, investing and parents working from home. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices