The other day I emailing with Heath, a listener of the podcast. Heath commented that the Marriage, Kids and Money podcast has a family focused tone to it, but it can really be enjoyed by single guys (like Heath) who don’t quite yet have a family as well. The compliment was extremely appreciated – thank you Heath – and it got me thinking. What advice would I have for myself 10 or so years ago before I met Nicole, before I had kids and before I knew anything about money?
Food … Evidently, you need it to live. Fine, fine, fine … As frugal as I am, I still like living. But why does it take up so much of my monthly budget?!
We are currently spending around $900 per month on average on our grocery bill. This includes things like toiletries, paper towel and laundry detergent. I find this number to be way too flippin’ high for my liking!
In May 2010, I married my dream girl. She was funny, beautiful and chock-full of 90’s TV trivia. Our first couple of dates consisted of a lot of Saved by the Bell and Seinfeld jokes.
Outside of knowing the Soup Nazi episode verbatim, Nicole and I both came into the marriage knowing the general basics of personal finance. You know, advice like:
- “Don’t carry a credit card balance”
- “Always have some savings for a rainy day”
- “Good debt is okay to have”
For decades, Vanguard has been a trusted name in the investment community. In this financial blogger world that I’ve entered into recently, it’s a resounding theme that Vanguard is the way to go when it comes to investing for your retirement. Billionaire Warren Buffett thinks Vanguard is an excellent choice. Personal Development Coach, Tony Robbins wrote a book called MONEY: Master the Game where he praises Vanguard for being the only recommendation for many of the billionaires he interviews.
When Andy and I decided to become debt free I got excited, then depressed, then excited again. You see, I was excited about the fact that we were going to change our family tree, vacation a lot and do all these things we were dreaming up. However, I also knew that if we were going to realize these dreams, we had some very tight years ahead. Ultimately, I decided the short term-loss would be worth the long-term gain and I started figuring out ways to start spending less.
If you want to improve your financial situation, you need to develop and live on a budget. By doing this, you are creating a detailed map that will guide you to financial freedom.
Audi of America took a bold stance this weekend with a Super Bowl commercial focused on the importance of gender equality.