Podcasts about your spouse about money

Rachel Cruze & Dr. John Delony answer your questions and discuss:  What to do when you're underwater on your car, from the blog: How to Get Out of a Car Loan, How to get on the same page as your spouse (and 10 things you should NEVER say), from the blog: How to Talk to Your Spouse About Money, "Should I contribute less to retirement to save up for a house?" Budgeting on an irregular income, "Did I mess up by paying off my house too early?" Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Take our FREE 3 minute assessment: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Welcome to the Balanced FI Podcast, episode 35 - Struggling to Talk to Your Spouse About Money: 3 Simple Steps to HelpMoney is a big part of marriage, whether you want to acknowledge it or not. The 3 steps to discussing your money with your spouse are:Talk about your current money situationTalk about your current money feelingsTalk about how to change your moneyTips for making these things happen included! FIND US:Balancedfi.com -- Podcast -- Facebook -- Instagram -- Pinterest -- Hello@balancedfi.com RESOURCES:Read: Struggling to Talk to Your Spouse About Money: 3 Simple Steps to HelpRead: Financial Security Step 6: Create a BudgetRead: Financial Security Step 4: Calculate your Net WorthDownload: Debt Payoff PlannerSign Up: Frugal Year ChallengeRead: How to Set Financial Goals for 2021Read: Financial Security Step 8: Save an Emergency FundRead: Financial Security Step 9: Increase Retirement ContributionsResource: Keep These 5 Resources on Financial Abuse BookmarkedJoin the Waitlist: INTENTIONALLY DEBT FREE! SOURCES:Source: This common behavior is the No. 1 predictor of whether you'll get divorced

Welcome to the Balanced FI Podcast, episode 14! Thank you so much for listening in!Step 7 of the Financial Security Steps is: Pay Off Debt. This episode covers how to make that happen: Create a debt payoff planSave money where you can (or make more money)Make saving money fun through challengesCommunicate with your partner Resources:Read: Financial Security Step 7, Pay Off DebtDownload: Debt Payoff PlannerEnroll: Frugal Year Challenge (free in 2021!)Read: Financial Security Step 1, Track Your ExpensesRead: Financial Security Step 5, Create a Debt Payoff PlanRead: Financial Security Step 6, Create a BudgetRead: 4 Unexpected Ways to Save MoneyRead: Fun Money Budget: What You Need to KnowRead: 3 Ways to Use Meal Planning to Save MoneyRead: 30 Day Challenge + Free 30 Day TrackerRead: 7 Steps to Find Motivation for Debt PayoffRead: Struggling to Talk to Your Spouse About Money: 3 Simple Steps to Help Sources:SmartDollar

 Plenty of advice on how to build a basic budget, but how do you strike that balance where you’re saving and investing for financial freedom and independence while still having fun now with the kids? We’ll find out how today! What’s the Best Budget for You?  Budgets, spending plans – whatever you call them, people have strong feelings about them.  Over the past ten years, I’ve talked to and interviewed couples and families about reaching big goals – financial or otherwise.  I noticed certain patterns or habits that they shared.  One of those is how they handled their money. Here’s the strange part that might surprise you.  While they all some spending plan for their money, they had different types of budgets they used. That’s good news in a way because that means there’s no one size fits all approach when it comes to budgets.  The challenge though is discovering which method is right for you.  So how do you do that – how do you find and create a budget that fits your family?  We’re going to tackle that today!  In this episode we’ll go over:  Creating a budget you’ll love and stick with Three effective, yet different budgets to look at  Choosing the best one  Let’s get started! Resources to Help You Create a Budget Quickly and Easily If you’re ready to get your budget up and running, here are some handy tools and resources you should check out!  Best Budget and Money Apps: Personal Capital, Tiller, Mint, Honeyfi, Zeta Free 401(k) Analysis: Blooom Grow Your Stash Faster: High Yield Savings with CiT Bank Jumpstart Your Marriage and Your Money  The One-Page Financial Plan: A Simple Way to Be Smart About Your Money  How to Talk to Your Spouse About Money   Real Life on a Budget: 17 Practical Challenges to Live and Thrive on a Budget  Thank You to Our Sponsor Coastal Support for this podcast comes from Coastal Credit Union! If you’d like someone to work with you on your goals, Coastal has the people, accounts, and services to help you hit your goals. How to Create a Budget You’ll Love and Stick With   What’s the point of a budget? First off a budget isn’t about what you can’t spend or have, it’s about what you can. Very loosely, a reasonable budget typically cover three areas: Essentials & necessities – roof over your head, food in your belly, clothes on your back building wealth – saving for retirement, getting of debt, seed money for a business fun – quality of life options When I speak with families who are having a hard time with their budget, one of those three goals are missing or aren’t being addressed properly.  When you can’t pay the bills or they’re late, one or both of you are stressed.  If you don’t have much saved up, or you struggle to pay down the debt, you’re worried about any hiccup that can come up. (And they do!) And if you don’t have some fun with that money now, you’ll start to resent the spending plan (and the person who came up with it).  If you want to create a budget that you both keep and stick with you have to hit each of those goals.   Why Most People Break Their Budget There are plenty of myths and assumptions people have about budgets that aren’t true. Myth #1: Budgets are time-consuming. Truth: Budgets are time savers.   Intitial setup does take time, but once you have it, it’s easy to check. Most of us have fairly consistent expenses. There might be some shifts here and there, but you easily adjust those bit and pieces. Automating it through bill pay and transfers makes managing the budget pretty much checking in once a week or paycheck for a minute or two to verify everything went through. Myth #2: Budgets are about restrictions. Truth: Budgets are about respecting your time and money. The key to a budget is hitting those three goals I mentioned earlier and that includes having some money to enjoy. 3 Popular Budgets You Can Try  On our YouTube channel, this week’s money tip went into detail on the different budgeting methods out there. I want to share three effective and popular ways families are budgeting to hit their money goals and still have room in the budget for some fun now. 50/20/30 Budget As the name suggests, your money goes into one of three ‘buckets’ of expenses. 50% Essentials: This covers your ‘needs’ like rent/mortgage, food, utilities, and necessary transportation. 20% Financial Priorities: This money is allocated for your future such as investing for retirement and taking care of important money goals now like having an emergency fund and paying off your debt. 30% Wants: These are your lifestyle choices. What do you two enjoy? It’s encouraging to see at least 20% being devoted to financial goals. Another plus with the 50/20/30 budget is how easy it is to set up bank transfers and bill payments. You two can set it up one evening, giving you more time for things you enjoy. Since one of the goals here are Simplify & Enjoy is to share how you can move towards financial freedom, I want to modify this budget just a bit. Instead of saving for 20% and spending 30%, I’d like you to switch those around. Save 30% (or use it to pay down debt) and have some fun, guilt-free spending with 20%.  By the way, other bucket system approaches are the 60% solution and a balanced budget. The percentages shift, but it’s the same idea in that you take your money and put it into buckets. Pay Yourself First/Reverse Budget Most budgets begin with your expenses – bills, credit cards, student loan payments and so forth.  Once those are plugged in, you go ahead and split up rest to savings and fun money.  The reverse budget is about beginning with you. You take out your savings and whatever key goal you’re saving up for first. You then take out the bills and so forth.  This can be really helpful if you really want to or need to hit a particular savings goal. Maybe you want to get that emergency fund up and running ASAP. Or you need to build up that house downpayment pretty fast.  The downside of this approach can be that you may have trouble allocating enough for your other expenses. This can come up especially if you haven’t ad much traction with budgets so far.   Zero Based budget You got to admit, at least these budgets are named properly.  So we talked about using a budget to divvy up your money into buckets.  With zero-based budget, you’re really focused on taking that income that you’re bringing in and giving every single dollar a purpose.   This method is used by Dave Ramsey’s budget tool – you guess it- EveryDollar.  This can be a great budget for detailed minded families who want or need to track every single dollar.  This strength can be a hurdle as well.  One hang-up people have with budgets is that they have to do a line by line review of all their expenses and income. For those new to budgets or people who are busy already it can seem overwhelming. How to Choose the Right Budget for You There you have it – three budgets that have worked for other family. The question is what will work best for you? As we’re went through the different budgets you may have felt drawn or even repeled by one of them. That’s okay. There’s more than one way to budget. If you’re trying to figure out what’s best, start with where you are now? Take a look at your current budget or spending plan. Is it more high level buckets or down in the trenches with transcactions? How well is it working for you? Sometimes you look at the numbers it doesn’t seem as bad. Speaking of numbers let’s look at them, but instead of tallying up the expenses, I want you to try out a different approach. I got to speak with with Carl Richards a few times. He’s a Certified Financial Planner and the NY Time columnist. As a planner, he’s worked with couples and many times, the budget is a source of stress. So to take the tension out he suggests looking at the expenses and asking yourselves, did I get value out of that? Was eating out out something that made me happy? How much?Go over it together and review your own spending? No judgeing just asking. What we’re tryingt o do here is define those expensesin the context of is it something you need? Is it bringing you closer to your big goals? Or is it something that you’re enjoying now? Because your budget is a mix of that. When we had Drew Snider the beginning of this season, he talked soccer. That wasn’t going to get cut out of his budget. For me, I have to have something set aside for meals with friends. I enjoy it. Besides discovering your must-haves don’t be surprised or feel ashamed if you also realize that some spending doesn’t fit any of those categories. Maybe you see that eating out with friends once a week is valuable, but grabbing something at teh drive-thru isn’t. Being able to see your expenses through this lense allows you to create a  values driven budget.   And then the budgeting method is less a concern as you now understand it’s just the tool to make sure your money is working for you. Living Debt-Free Speaking of hitting your money goals, have you ever thought about what it would be like to be completely debt-free, including the house?  Next week we’ll look at the pros and cons of paying off your mortgage faster!  So if you haven’t already, make sure you’re subscribed. You don’t want to miss that episode.  We’re on iTunes and wherever you get your podcast from!  Our music today was from Lee Rosevere.  Finally and most importantly, thank you for your support! If you have any questions or ideas for the show, please email me or join our free and private Facebook group Thriving Families. We’re all about encouraging one another with our goals. I hope you have a wonderful week, take care!   

Sierra Black with Get Rich Slowly shares how to talk with your spouse about money. Episode 607: How to Talk with Your Spouse About Money by Sierra Black with Get Rich Slowly (Money in Relationships). J.D. Roth has been reading and writing about personal finance for a decade. Today he's financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/how-to-talk-with-your-spouse-about-money Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts The C200 by Pitney Bowes lets you send mail and packages right from your desk! Get a free 60 day trial at: PB.com/finance. Terms apply. See site for details. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sierra Black with Get Rich Slowly shares how to talk with your spouse about money. Episode 607: How to Talk with Your Spouse About Money by Sierra Black with Get Rich Slowly (Money in Relationships). J.D. Roth has been reading and writing about personal finance for a decade. Today he's financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/how-to-talk-with-your-spouse-about-money Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts The C200 by Pitney Bowes lets you send mail and packages right from your desk! Get a free 60 day trial at: PB.com/finance. Terms apply. See site for details. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sierra Black with Get Rich Slowly shares how to talk with your spouse about money. Episode 607: How to Talk with Your Spouse About Money by Sierra Black with Get Rich Slowly (Money in Relationships). J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/how-to-talk-with-your-spouse-about-money Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts The C200 by Pitney Bowes lets you send mail and packages right from your desk! Get a free 60 day trial at: PB.com/finance. Terms apply. See site for details. --- Support this podcast: https://anchor.fm/optimal-finance-daily/support

Professional stock researchers can serve as stock pickers for investors who don’t know where to start. Is it better to pick your own stocks or to use a professional stock picker? Tao Wang, a portfolio manager for Alpha Architect, explains how to begin researching stocks. He outlines the differences between value, growth, and momentum stocks. He also emphasizes the importance of having multiple qualifiers when choosing a stock. If you are lost on how to start to build your portfolio, listen to today’s episode. The nine steps to build a good money relationship with your spouse Doug has put together a process called The Secrets of Talking to Your Spouse About Money for couples who need to get on the same page regarding their finances. These steps are down-to-earth suggestions that will make financial discussions a little easier. Free Download: The Secrets of Talking to Your Spouse About Money Tao Wang can be contacted through Alpha Architect. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Building wealth is a lot like building a strong marriage. Both require determination, passion and the ability to communicate effectively. Determination Marriage is not a spectator sport.  Neither is building wealth.  You must be determined to be in the game and make certain you’re not taking your current status for granted.  Don’t take your eye off of the prize. ACTION: … Continue reading "11 | How to Talk to Your Spouse About Money" The post 11 | How to Talk to Your Spouse About Money appeared first on Marriage, Kids and Money.

Prepare to dive into a topic that might make some of you a bit uncomfortable but is incredibly important for the health of your marriage - secrets of sex and marriage. My friend Shaunti Feldhahn is the author of the book Secrets of Sex and Marriage: 8 Surprises That Make All the Difference, and she and I are excited to discuss this because it's a topic that many couples struggle with but often don't openly address. We explore the surprises teased in her book title, from understanding what's normal to the different types of desire, and most importantly, effective communication.One of the key takeaways from our discussion is that intimacy isn't just about physical connection; it's about knowing your spouse in the deepest, most vulnerable way possible. When you can truly understand your partner's fears, desires, and needs, you can build a stronger emotional and physical connection. Shanti has also created a workbook, "Unlocking an Intimate Marriage," to complement the book and guide couples in fostering profound connections beyond just the bedroom, so whether you're in a thriving marriage or facing challenges, this episode has something valuable to offer, and I encourage you to join us on this journey of discovery and connection!In This Episode[0:35] - Today's episode is with returning guest Shaunti Feldhahn![1:57] - Shaunti shares some background information about herself with us.[2:58] - Frequent sexual intimacy is a vital factor in marriages, impacting overall happiness.[5:53] - Shaunti's research included aspects such as anonymous interviews.[8:01] - Understanding the wide range of normal in intimacy is crucial.[11:45] - Most couples experience a desire mismatch due to different types of desire, not just differing libido levels.[13:51] - Understanding two types of desire, initiating and receptive, helps couples effectively work together.[16:23] - I stress the importance of communication in intimacy.[17:32] - Shaunti shares how her book helps couples discuss sensitive topics comfortably.[20:12] - Learn about Shaunti's workbook![22:21] - Open communication about this topic leads to improved overall marital satisfaction.[24:32] - How does Shaunti define an intimate marriage?[27:19] - Hopelessness in relationships often stems from miscommunication and misunderstanding.Links & ResourcesCrystal PaineThe Crystal Paine Show - 86. How to Talk to Your Spouse About Money (with Shaunti Feldhahn)BooksSecrets of Sex and Marriage: 8 Surprises That Make All the Difference by Shaunti Feldhahn & Dr. Michael SytsmaSocial MediaCrystal Paine on InstagramCrystal Paine on TwitterCrystal Paine on GoodreadsMoney Saving MomMoney Saving Mom on FacebookMoney Saving Mom Deal Seekers Facebook groupcrystal@moneysavingmom.comOur Sponsors:* Check out BiOptimizers and use my code CRYSTAL for a great deal: https://bioptimizers.com/* Check out BiOptimizers: https://bioptimizers.com/* Check out ByHeart and use my code CRYSTAL for a great deal: https://byheart.com/Advertising Inquiries: https://redcircle.com/brands