Three Key Numbers for Tracking (and Mastering) Your Money

If tracking your money is so important, what are the key numbers couples need to know? We’ll get into the three to keep an eye on, and the real deal about credit scores! 

Why Tracking Your Money is Key to Mastering It

You hear these stories of couples who got out of debt, became financially independent, travel the world, started a business..basically enjoying life.

They all have different paths they take to get there – debt snowball, avalanche to become debt free. 

They’re saving 20, 30, or even half their income. Maybe they’re going all in with FIRE with their dual income and are investing 70% of their income. 

One of the things I love about personal finance when hearing from others is how varied it can be. Each couple has their own advantages and struggles on their journey. 

However, having written about personal finances and interviewed others for the podcast I do notice that there are certain crucial things they did to create a system that worked for them. 

I wrote about it in detail in my book Jumpstart your Marriage and Your Money, but I want to hone in on one component today  – they became aware of their money. 

And how they did it was by tracking it. 

Once they had that down, they began shifting it towards what mattered most to them. 

 

Money stopped being a source of stress and instead became a tool they could use together. 

The best part is that you don’t have to track a ton of numbers or worry about every penny. It can be something you check in on once a month. 

In this episode, we’ll get into:

• Which three numbers matters most for gauging your financial health
• The real deal on credit scores
• Creating an easy system to track your numbers

Let’s get started!

Resources to Easily Stay on Top of Your Money

Here are some resources we mentioned in the episode as well as some other handy articles to check out:

• Best Budget and Money Apps: Personal Capital, Tiller, Mint
• Grow Your Stash Faster: High Yield Savings with CiT Bank
• Jumpstart Your Marriage and Your Money
• 5 Days to $5K Course

Thank You to Our Sponsor Coastal!

Support for this podcast comes from Coastal Credit Union. If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today!

Support the Podcast!

Thank you so much for listening to the podcast!

• Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
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• Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere