Couple Money Podcast

We're all looking to reconnect and have fun this summer.

Today, we're going to go over ways to enjoy family barbecues, give some ideas on great outdoor ventures you can go on, and offer tips on how to grow your savings this season!

Make This a Fun Summer of Savings

For many families, summer is the season. Especially after the year we had in 2020, many of us are eager to embrace the warmer weather and be outside and go on vacation.

As we mentioned last week, it's possible to have fun and still save.

Today, we're going to dive in with how you can have a wonderful and memorable time this summer, while still building up your stash.

In this episode,  we get into:

  • Leveling up your barbecue game
  • Exploring the great outdoors is perfect for your happiness and wallet
  • 10 ways you can boost your savings 

Let’s get started! 

Handy Tools to Boost Your Savings

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

Thank You to Our Sponsor Coastal!

learn more about our podcast sponsor coastal credit union

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.

Slash Your Phone Bill with Republic Wireless!

I'm so happy to announce our new sponsor Republic Wireless.

 

If you’re looking to hit your family’s financial goals faster, optimizing your expenses is the way to go. Chances are you’re paying too much for your smartphone and not getting the value you deserve.  

Same thing happened to me years ago. Wanting to become debt free faster, I switched to Republic Wireless and saved big time. 

Nationwide coverage, fantastic phone options like the Samsung Galaxy and Moto g, plus seriously affordable prices (plans start at $15/month!) make it a smart choice for families looking to save without sacrificing value. 

See all they have to offer at Republic Wireless

Key Takeaways

Before we wrap up, I want to share a few key takeaways I got as I was preparing this episode.

 If you want to discuss this more – ask questions, swap ideas, and maybe get a debt-free strategy set up – don’t forget to join us in the Thriving Families group on Facebook.

We swap ideas and tips because our goal is to help one another out with our family and financial goals. 

Hope to see you there!

Support the Podcast!

Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.

  • 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.
  • Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
  • 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

Our theme song is from Staircases. Additional music by various artists from Audiio.


We’re all looking to get the best value, but how can you balance saving money, hitting your financial goals, while still having fun?

Today we’ll go over how you can master the art of being frugal!

Can Being Frugal Make You Rich?

Whether you’re pursuing a debt-free pathfinancial freedom, or independence, there’s one skill that can help you hit your goal faster – being frugal. 

I’m not talking about being cheap. 

I’m talking about living a rich life without spending a ton of money.

When I say frugal, I’m talking about living a rich life without spending a ton of money. It’s about maximizing your dollars for the best value. 

I’m going to talk about three areas where you can do this – budget, tech, and travel.

To help show the ways you can live well while spending less, I have two guests. 

First off,  Joel Larsgaard from How to Money is sharing ways couples can work together so they’re spending on what matters to them.

Second, we have Joel Kades of Republic Wireless. We’re going to look at how technology opened up some options so you can get an affordable smartphone plan.

Finally we’ll wrap things up with how to make frugality fun with tips on how to save on travel.

We got a lot to cover so let’s get started!

Resources to Maximize Your Dollars

Being frugal is really about optimizing your expenses so you’re getting the best value. Here are a few resources to help you significantly save without 

 

Thank You to Our Sponsor Coastal!

learn more about our podcast sponsor coastal credit union

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.

Slash Your Phone Bill with Republic Wireless!

I'm so happy to announce our new sponsor Republic Wireless.

If you’re looking to hit your family’s financial goals faster, optimizing your expenses is the way to go. Chances are you’re paying too much for your smartphone and not getting the value you deserve.  

Same thing happened to me years ago. Wanting to become debt free faster, I switched to Republic Wireless and saved big time. 

Nationwide coverage, fantastic phone options like the Samsung Galaxy and Moto g, plus seriously affordable prices (plans start at $15/month!) make it a smart choice for families looking to save without sacrificing value. 

See all they have to offer at Republic Wireless

Key Takeaways

Before we wrap up, I want to share a few key takeaways I got as I was preparing this episode.

  • Prioritize which expenses matter most to you.
  • Focus on big wins and low hanging fruit.
  • Redefine what frugal means to you.  

 If you want to discuss this more – ask questions, swap ideas, and maybe get a debt-free strategy set up – don’t forget to join us in the Thriving Families group on Facebook.

We swap ideas and tips because our goal is to help one another out with our family and financial goals. 

Hope to see you there!

Support the Podcast!

Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.

  • 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.
  • Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
  • 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

Our theme song is from Staircases. Additional music by various artists from Audiio.

 

 

Direct download: S3_E13_The_Art_of_Being_Frugal.mp3
Category:personal finance -- posted at: 11:31am EDT

With credit card fraud and identity theft happening more frequently, we all have to step up our game. Learn keys ways to protect your finances and identity!

Fraud Protection

I hope you never have to deal with identity theft, data breaches, or fraud but chances are you will.

There were 4.8 million identity theft and fraud reports received by the FTC in 2020, an increase of 45 percent from 2019.

The Ascent from Motley Fool reported that credit card fraud was the most common type of identity theft last year – over 270,000 reports.

Another unfun stat – identity theft doubled from 2017 to 2019.

Finally in 2019 almost 165 million records containing personal data were exposed through data breaches.

The point? 

Cyber crimes aren’t going away anytime soon.

In fact last year, I got it.Twice.

The first one, I received a call from Coastal about suspicious activity on my card. Thankfully that was quickly resolved. 

Second time, I discovered it when doing my monthly review. I saw a $140 charge from California. I called and explained this wasn’t me. 

It took a month of back and forth, but I got it cleared. I was a headache.

One I hope you avoid. 

 

Which is why I’m so glad Joe Mecca is back on the show. 

In this episode we get into:

  • Practical ways we can protect our finances when you're offline or online
  • What you need to do if your card is compromised

Hope you enjoy it!

Resources to Protect Your Finances

If you're getting more proactive with protecting your identity and money, here are some handy resources to check out!

For freezing your accounts or putting an alert you need to contact the credit bureaus.

  • Equifax: 1-888-766-0008
  • Experian: 1-888-397-3742
  • TransUnion: 1-833-395-6938

Thank You to Our Sponsor Coastal!

learn more about our podcast sponsor coastal credit union

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.

Key Takeaways on Dealing with credit Card Fraud and Identity Theft

Before we wrap up, I want to share a few key takeaways I got as I was preparing this episode.

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  • Prepare yourself now. It’s not a matter of if, but when. It’s critical that we all become more vigilant.
  • Don’t reuse passwords. The way things are now, even if you do a good job on your side. Data breaches can happen so please mix your passwords.
  • Become familiar with tools and options available. I love that coastal has redone card nav, giving it more features. Like Joe mentioned, if you bank somewhere else, it’s good to become familiar with whatever features or services that offer. 

Unfortunately things like these aren’t going away, so if you want to discuss this more – ask questions, swap ideas, and maybe get a debt-free strategy set up – don’t forget to join us in the Thriving Families group on Facebook.

We swap ideas and tips because our goal is to help one another out with our family and financial goals. 

Hope to see you there!

Support the Podcast!

Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.

  • 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.
  • Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
  • 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

Our theme song is from Staircases. Additional music by various artists from Audiio.

Direct download: SEP_S3_E12_Theft_Fraud_How_to_Protect_Your_Identity_and_Money.mp3
Category:personal finance -- posted at: 12:59pm EDT

Around 82% of Americans said their finances were affected by the pandemic and the fallout according to a recent Fidelity survey. If you’re planning on retiring in a few years, that can be a really scary thing.

Today I want to share a resource that can help you get back on track with your retirement plan! 

The 5 Years Before You Retire: Retirement Planning When You Need It the Most

How comfortable do you feel about your retirement? 

You’re not alone if you’re worried about it.  36% of Americans are more concerned now than at the start of the pandemic on their ability to maintain a nest egg in retirement. 

The good news for most of us is that there is time to get back on track.

Today’s bonus episode is focused on helping you reset things and worry less about retirement. 

Thrilled to have Emily Guy Birken on. She is a former educator, lifelong money nerd, and a Plutus Award-winning freelance writer who specializes in the scientific research behind irrational money behaviors.

She’s also the author of several wonderful books including End Financial Stress Now and The Five Years Before You Retire, which has been updated and released today.

I got an advanced copy and really enjoyed it. I actually ordered a copy for my mom.

Emily covers everything you need to do in the next five years to maximize your current savings and create a realistic plan for your future.

During our chat, we get into:

  • The two biggest mistakes people make when it comes to retirement planning
  • How to assess where you are with your finances now
  • Understanding social security 

Hope you enjoy! 

Thank You to Our Sponsor Coastal!

Learn more about our sponsor coastal credit union

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! If you enjoyed this episode and found it helpful, here are some ways to support it.

  • 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.
  • Leave a review. Honest feedback and reviews make a big difference and helps gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
  • 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

Our theme song is from Staircases. Additional music by various artists from Audiio.

Direct download: SEP_S3_BONUS1_5_Years_Before_You_Retire_with_Emily_Guy_Birken.mp3
Category:personal finance -- posted at: 7:38am EDT

Many families are looking for a getaway this year, but also want to stay on budget. We'll go over some great family vacation ideas and ways to plan a wonderful trip!

Planning a Family Vacation in 2021

Many families are looking for a getaway this year, but also want to stay on budget. We'll go over some great family vacation ideas and ways to plan a wonderful trip! #family #travel

How do you plan for a year where you don't know exactly what to expect? 

I think that's been the unofficial theme this season.

We've been talking about how to create a budget that's flexible enough? How do you figure out your schedule? 

Now I'm hoping maybe a little cautiously optimistic, how do we plan some family fun, maybe a few family trips sprinkled throughout the year if possible?

Summer is coming up, people are getting vaccinated and while we’re not out of the woods just yet, I’m looking to travel more. 

It seems I'm not the only one. A recent VRBO survey found that 65% of Americans plan on traveling more in 2021 than they did pre COVID.

We rolled over a chunk of our vacation money into this year. I’m looking forward to going to the beach, whitewater rafting, taking a trip with just the two of us, and maybe going for a longer trip.

At the same time, I want to be reasonable and keep some flexibility in case things change. 

This is why I’m so happy Karen Cordaway is here. She’s the author of The Everyday Bucket List. 

In this episode we’re going to look at:

  • How you can build and cross off your bucket list
  • Creating a flexible plan for travel this year
  • Affordable vacation ideas

Let’s get started! 

Resources to Save on Your Next Family Vacation

If you're looking to start planning and saving for your next family trip, here are a few handy resources to check out!

Thank You to Our Sponsor Coastal!

Learn more about our sponsor coastal credit union

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.

 

Key Takeaways on Making the Most of Your Family Vacation

I really enjoyed chatting with Karen and hearing all her creative ideas to have some memorable and affordable family fun.

Here are a few key takeaways I got while preparing this episode:

Bake Vacations Into Your Budget

I’m a big fan of including what matters to you into your budget. Trips for us are not just about escaping, but connecting. Having the budget is really handy for a few reasons.

  1. You can move quickly on any great deals you find.
  2. You’re doing this debt-free so when the trip is over you’re not worried about paying off the card.
  3. If we don’t happen to use that money – like what happened last year – we can roll that into the next year or use it for some other goal. 

Go Green

Add parks- whether’s national, state, local – to your rotation of destinations this year. These can be memorable and affordable trips for your family while still staying relatively safe. This could be an opportunity for your family to try something new. 

Be Flexible

Last year really hammered in that there were things outside of our control. I’m cautiously optimistic that things will move forward, but I don’t know.

There may be smaller lockdowns or increased restrictions on the future in certain areas based on the numbers.

To cope with that, we’re taking Karen’s advice and have some backup trips.

As I’m making travel plans, I’m also being a bit flexible with dates to get some great deals. And I’m also checking reservations to make sure they have reasonable cancellation policies.  

Maybe because we’ve been staying more local that I’m really excited about this, but I'm so ready to travel more.

If you’d like to chat more, please join us in our free and private Facebook group, Thriving Families

We’re all about helping and encouraging one another with our family and financial goals. We swap stories, ideas, and tips. 

Just head over there now. We’d love to see you there!  

Support the Podcast!

Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.

  • 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.
  • Leave a review. Honest feedback and reviews make a big difference and helps gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
  • 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

Our theme song is from Staircases. Additional music by various artists from Audiio.

 

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