Breaking down our budget, prenup & child support agreement (our "money talk")

Happy Thursday! In today's episode, Harrison and I dive into a conversation we think every couple should have – the all-important "money talk." We discuss how we’re going to structure our budget, prenup (cohabitation agreement in our case 😉), and child support agreement.

I've received tons of DMs about the "money talk" before marriage and the transparency (or lack thereof) in how couples handle their finances (budgeting, joint bank accounts, prenups, etc.). We're breaking down our process, what we've learned, and our final decisions in hopes of normalizing this conversation.

Thank you to our partners this week:

ALICE & OLIVIA: Visit https://www.aliceandolivia.com/ and enter promo code 'JUSTALEX' for 15% off. 

Listen to the pod on Spotify/Apple Podcasts:

https://open.spotify.com/show/7BxuZnHmNzOX9MdnzyU4bD?si=5e715ebaf9014fac

https://podcasts.apple.com/us/podcast/just-alex/id1737442386

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Edited & Produced by: Creative Evolution Studios — https://www.creativeevolutionstudios.com/

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Timestamps:

00:00:00 Welcome back to another episode of Just Alex

00:02:12 The importance of the “money talk” as a couple

00:05:20 The current state of our finances

00:08:00 Structuring a house payment as a non-married couple

00:12:00 Our joint bank account and what it’s paying for

00:13:00 “Fun money” - how we’re splitting meals out, clothing, travel, and experiences

00:16:40 Spending accountability and budget adjustments

0:19:35 How we’re splitting childcare

00:20:15 How we’re structuring our prenup - inheritance, investments, businesses & living expenses

00:27:11 Seeing a prenup as no different than life/health/care insurance

00:27:55 Child support in the event of a breakup

00:29:45 The importance of having this conversation with a clear head

00:33:30 LOVE YOU GUYS

#moneytalk #budget #prenup #childsupportagreement

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