Couple Money Podcast

Today on the podcast we're going to be talking about the connection between your hobbies and having a rich life!

Do Your Hobbies Move You Closer to Financial Independence?

So today's topic - this connection between the hobbies you have and whether or not you're having a rich life -  is fascinating to me. It's kind of a continuation of this past Tuesday's episode where we were talking about breaking the switch with mindless spending. 

there focus there was making sure we were breaking that habit of unconsciously spending more and turning that into something more productive. 

One way is through hobbies we take on. However, are there certain hobbies that can make a real difference with getting to financial independence faster and having a rich and fulfilling life? 

In this episode, we'll get into:

  • different hobbies between high earning and low earning households
  • how your hobbies can help you on the path to financial independence
  • aligning your hobbies to a richer life

Hope you enjoy! 

Financial Independence and Hobbies

If you want to explore and pick up some new hobbies, here are some resources to check out:

Thank You to Our Partners

Support for this podcast comes from partners like Personal Capital. Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Did I mention it’s free? Why don’t you give Personal Capital a try today?

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. I also want to thank Lee Rosevere for music in this episode.

 

 

 

Direct download: S6E23_The_Secret_to_a_Rich_Life_Your_Hobbies.mp3
Category:personal finance -- posted at: 12:06pm EDT

Do you feel like you've hit a wall with your money? Learn how to find your financial blindspots and break the mindless spending twitch!

How to Break the Mindless Spending Cycle

We all do it.

It might be small amounts every day perhaps driving by to grab coffee and breakfast on the way to work or going out for lunch with colleagues. It could be those Amazon deliveries that show up at our doors, tucked away from necessities that we ordered.

Some people call it the spending leaking, impulse buying, mindless spending. The label doesn't really matter - what does is understanding that we all have blind-spots. Little places in our finances where we know we're spending something, but we're not aware of just how much it is.

Inspired by the incredible site and story of Break the Twitch, I want to share some personal about how easy it was for us to slip into mindless spending and how we found a way to make sure they don't sabotage our finances.

In this episode we get into:

  • finding your financial blind spots
  • breaking the mindless spending twitch
  • developing habits that can enrich us and allow us to spend better

Hope you enjoy!

Resources for More Intentional Living

Are you ready to have your spending more aligned with what really matters to you? Here are some great resources to shift your mindset and create better habits!

Thank You to Our Partners

Support for this podcast comes from partners like Personal Capital. Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Did I mention it’s free? Why don’t you give Personal Capital a try today?

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. I also want to thank Lee Rosevere for music in this episode.

Direct download: S6E22_How_to_Break_the_Mindless_Spending_Twitch.mp3
Category:personal finance -- posted at: 12:25pm EDT

Want to be completely debt free, including your house? Find out the key changes one couple made to pay off their mortgage in less than 5 years! 

Pay Your Mortgage Off Faster

What would you do if you owed your home free and clear like Andy does now?

With no mortgage payment what options would open up?

There's a good chance you'd love to get rid of your mortgage, but the idea of getting rid of such a huge amount makes it seem impossible.
Forget paying it off in 5 years, you may struggle to even see a way to reduce it in half.

Right now median purchase price of a home here in the United States is $235,000, with 10% down. Now if you live in D.C. you're looking at $400,000 with my buddies in Cali close behind at around $350,000.

Not cheap. Probably the biggest purchase you'll make.

Which is why I asked my buddy and Marriage, Kids, and Money creator, Andy Hill, to come on. He's an awesome guy, really excited to get couples closer to their debt free goals. We both know that not everyone can replicate what Andy and his wife Nicole did - we all have different circumstances - but there's a lot to their process that could make all the difference with you and your home.

In this episode, we discuss:

  • why they were adamant about knocking out their mortgage so fast
  • steps that were crucial to paying off their mortgage
  • tools to help you be debt free faster

Hope you enjoy!

Resources to Dump Your Mortgage Faster

If you’re looking to dig in deeper for ways to pay your mortgage off faster, here are some resources to check out:

And if you two are looking of more ideas on how to find, save, and make extra cash to pay down or debt or use for whatever gal you have, please sign up for my free 5 Days to $5K course. It's a week-long special email series that will help you get some extra money in.

Thank You to Our Partners

Support for this podcast comes from partners like Personal Capital. Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.

Did I mention it’s free? Why don’t you give Personal Capital a try today?

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. I also want to thank Lee Rosevere for music in this episode.

Direct download: S6E21_5_Key_Ways_to_Pay_Your_Mortgage_Off_Faster.mp3
Category:personal finance -- posted at: 11:48am EDT

With money fights being the main cause of divorce, many couples could use some financial therapy. Learn habits and techniques you can use to make money talks less stressful and more productive!

Is Financial Therapy Right for You? 

Money problems are usually symptoms of a much deeper issue. It can be within our relationship - how we communicate or it can an issue we ourselves have like anxiety or depression.

From our personal experience and hearing from other couples, it can be more common than you think.
And that matters because if you don't get to the root, it can keep popping up.
And in some cases cause damage.

Financial education is crucial, but sometimes you need to a specialist. I'm not a therapist, but I do know one and she's here to help.

Kine Corder is here on the podcast to cover some problems and bumps couples experience when dealing with money.

In this episode, we get into:

  • common issues couples have when they come to her for financial therapy
  • ways to communicate better so things are less stressful with your relationship and money
  • habits to help you two move forward

Hope you enjoy! 

Resources to Get on the Same Page with Money

Learning how to work as a team isn't automatic. Here are resources to give you the tools to stop fighting about money and win. 

Jumpstart Your Marriage and Money Course

Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.

Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:

  • Stop fighting about money and create a budget that you BOTH LOVE
  • Automate your money
  • Pay off your debt faster
    Plus more!

You can get lifetime access here!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.


Have you ever been frustrated with how long it was going to take to get out of debt? Learn how to handle setbacks, define your family's path, and knock out your goals together! 

Defining Your Family's Financial Success

Do you ever feel frustrated with how things are going? You read these awesome stories like This Couple Paid Off $72,000 in Debt in 22 Months or Couple shares how they wiped out $162K debt in less than 3 years.

You're thinking, 'wow we're working at a snail's pace'.
That can be discouraging.

I want to highlight a different story. 

Today Steve Goodwin from My Family on a Budget shares his family's more down to earth journey to becoming debt free.

In this episode we discuss:

  • how financial Peace University transformed their finances
  • Steve's big mistake with investing and how he fixed it
  • making the transition to being a stay at home dad

Hope you enjoy!

Resources to Help You Get Out of Debt

Tired of being in debt? Here are some resources to help you dump it.

Jumpstart Your Marriage and Money Course

Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.

Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:

  • Stop fighting about money and create a budget that you BOTH LOVE
  • Automate your money
  • Pay off your debt faster
    Plus more!

You can get lifetime access here!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.

Direct download: S6E19_Finding_Your_Own_Path_to_Financial_Success.mp3
Category:personal finance -- posted at: 2:00am EDT

How would your life change if you were debt free? No credit cards, car or student loan to worry about. Not even a mortgage.

Today one couple shares their journey and advice to a happy and debt free life!

Living Debt Free

Living debt free can seem like an impossible dream depending on where you're starting from. For some couples and families taking on debt seems to be just a normal thing you do.

But just because this is common and going on with your neighbors and friends even with yourself does it mean that that's the path you have to go on.

Mark and Milhila, the couple behind Money for Meaning, are here to share their journey and how they refocused their lives and are now live debt free. They wrote a guest post early this year about how they live on cash.

Yep, they have no mortgage. 

In this episode we get into:

  • why they wanted to get into this debt free lifestyle
  • how to build wealth as a side effect
  • how they figure where to spend and where to save

Hope you enjoy!

Resources to Help You Get Out of Debt

Tired of being in debt? Here are some resources to help you dump it.

Jumpstart Your Marriage and Money Course

Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.

Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:

  • Stop fighting about money and create a budget that you BOTH LOVE
  • Automate your money
  • Pay off your debt faster
    Plus more!

You can get lifetime access here!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.

Direct download: S6E18_Heres_What_You_Need_to_Know_to_Be_Debt_Free_and_Happy.mp3
Category:personal finance -- posted at: 2:17pm EDT

Frustrated with your credit card, car payments, and student loans? Learn how you two can come together to dump your debt faster and retire early! 

How You Can Retire Early

Let me ask you two questions. 
  • Where are you guys right now? 
  • Where do you want to be in five years? 
Does it seem like there is a huge gap between today and five years from now? 
 
If you would've told me five years ago we'd be out of debt (except for the mortgage) and be on our way towards financial independence I'd think you'd be a little crazy. Sure, I was optimistic, but it wouldn't feel possible with all that we were juggling at the time. 
 
But when you break down your goal into chunks and you work out a system which for us includes automating, you can see huge results.

The good news is that the skills you use to get out of debt are transferable. Instead of sending in those extra payments to your credit cards and student loans, you can direct to savings and investments.

Deacon Hayes, personal finance author and Well Kept Wallet founder, is on today and we're getting into how he and his wife Kim made this transition.

In this episode, we talk about:

  • how they managed to pay off $52,000 in debt in 18 months
  • the system they used to keep one another in the loop with money
  • planning and following through financial independence

Hope you enjoy!

Resources to Dump Debt and Retire Early

If you’re looking to get ahead with your finances as a family, here are more resources to check out!

Jumpstart Your Marriage and Money Course

Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.

Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:

  • Stop fighting about money and create a budget that you BOTH LOVE
  • Automate your money
  • Pay off your debt faster
    Plus more!

You can get lifetime access here!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.

Direct download: S6E17_You_Can_Retire_Early_with_Deacon_Hayes.mp3
Category:personal finance -- posted at: 5:00am EDT

Do you feel like you guys are kind of stuck with your finances? Have you hit a wall and don't know the next move? Today I'll share how you can find the best financial advisor for you! 

Finding the Right Financial Advisor

What do you think about when you hear financial advisor?

You may have been to one of those luncheons where you get some information about investing or maybe insurance but the financial advising piece really isn't there.

It's left a bad taste in your mouth and you're wondering if it's really a smart move to hand over money to someone to manage your money.

From personal experience, there are some great financial advisers out there, ones that are not only looking at what's in your portfolio but the real big picture. sometimes, though, it takes a little bit of effort upfront to find a just the right person for the job. 

Today Michael Kay is sharing his expertise along with some tips to make the process less stressful. He's a fee-only financial planner at Financial Life Focus

In this episode we get into: 

  • questions to ask your financial advisor (including the red flag to run!)
  • looking at your finances in a holistic way
  • finding the best advisor to build wealth

Hope you enjoy! 

Resources to Find the Right Financial Planner

Want some help with your money? Here are some resources to find the best advisor for your money. 

Jumpstart Your Marriage and Money Course

Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.

Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you:

  • Stop fighting about money and create a budget that you BOTH LOVE
  • Automate your money
  • Pay off your debt faster
    Plus more!

You can get lifetime access here!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.


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