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The Benefits of Keeping Separate Accounts in Marriage – with Aditi Shekar

When we get married, we have an important decision to make. Do you merge your money or keep it separate? Well, what if there was an option in the middle?

I’ve invited the Founder and CEO of Zeta, Aditi Shekar to discuss different ways to manage your money as a couple. We’ll also learn about how their new financial tool is supporting couples with this big decision.

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Why Our Family Got Umbrella Insurance and How Much It Costs

Katherine from Buffalo, NY reached out regarding Umbrella Insurance …

Hi Andy:

I am a new listener and I love your podcast. The way you breakdown topics and explain them very easy to understand and makes me feel like I can achieve my financial goals with the correct planning and mindset.

I realize that this isn’t a finance question, however, it is a family-safety/ planning question. Can you briefly explain the importance of an umbrella policy? I know it is important to protect your assets but I am confused when the right time to have one is. My husband and I are just buying our first house and are unsure if we need one yet. Any information or advice would be appreciated!

Best,

Katherine

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16 Money Questions to Ask Your Partner Before You Get Married

So, you’ve found the one! Congratulations. What a feeling! Being married to the love of your life is absolutely incredible. I’m speaking from experience here … meeting and marrying my wife substantially increased the awesomeness of my days.

As optimistic as I am, I’m not naive in thinking that marriages are all roses and sunshine. Marital fights happen all the time around raising your children, family traditions, religion, political viewpoints and, of course, money. Disagreements around the all mighty dollar have caused countless arguments and, in some cases, those disagreements have caused marriages to end.

To prevent a future divorce based on money issues, let’s start off our new relationships with brutal honesty and transparency. It’s not only smart for the future of our marriages, but it is also a healthy way to engage in any new partnership. We wouldn’t accept a new job offer without asking a boatload of questions, would we? 

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Why BRRRR is the Hottest Real Estate Investment Strategy – with David Greene

As Nicole and I save up for our first rental property, I’m trying to look at all angles before we proceed. We’ve talked about taking out a mortgage again. We’ve talked about saving up to buy all in cash. One method that’s super intriguing for us is the BRRRR Method of real estate investing. We’re going to discuss what that is and how it works today.

And the man that’s going to enlighten us to the magical ways of the BRRRR is David Greene. He is the co-host of the BiggerPockets Podcast, a top producing real estate agent in Northern California and the author of the new book called BRRRR: Buy, Rehab, Rent, Refinance and Repeat.

Today, we’re going to learn why he thinks BRRRR is the hottest strategy in the real estate world.

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Simple Millionaire Investing Strategies with the 401k, IRA and 529 – with Andy Wang

We all know it’s important to invest for the future. But with endless investing options like the 401k, the IRA, the 529, the 457, the 403b, it’s no wonder we’re confused on where to start. I mean, what kind of names are these anyway!?

Our guest today is going to help us make sense of all this investing madness. Andy Wang is here with us today. He is a Managing Partner at Runnymede Capital Management and the host of the Inspired Money Podcast. He has been named among the INVESTOPEDIA 100: Most Influential Advisors, Top 100 Most Social Financial Advisors by Brightscope, and has appeared on Reuters TV, The Huffington Post, Barron’s, and Forbes.

Outside of his financial advising world, Andy is a father of three and loves playing the Hawaiin guitar.

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What Financial Independence Means for a Young Father – with Jim White

For our Family FI segment this month, we’re talking about achieving financial independence with kids. A lot of people out there think that you have to choose one or the other. “You can’t have financial independence if you want to have kids” or “you can’t have kids if you want to have financial independence”.

My guest today completely disagrees with that sentiment because he’s walking, talking proof that you CAN have both.

Jim White from Route to Retire is my guest today. He’s a father, husband and recently he left his 9-5 job after becoming a millionaire and reaching financial independence at the age of 43.

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How a Bad Day at Work Inspired Our Family’s Financial Independence Plan

In mid-2016, I had a pretty rough day at work.

My new manager called me into his office to inform me that there would be some changes with my position. A position that I had grown to enjoy. I was proud to have built a team of 3 based on some solid sales wins that I had lead during the previous three years.

It was an honor to see the growth there really. I would win a piece of business and someone would get a full-time job. And then another and then another … It was really cool. I liked the fact that when I worked hard and earned the company money, someone got a job. That made me feel good.

So when my manager told me that I would no longer be managing those three people anymore, I was pretty devastated. Furthermore, my role of leadership on those accounts was no longer required either. I wasn’t being fired or demoted. I was being shifted.

Looking back, I understand why management made these decisions. Overall, the move has been good for the company and I’ve been able to help with growth in other areas.

But that day when I got home from work, I was pretty bummed.

In fact, I was more than bummed. I was scared.

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Why You Should Track Your Net Worth (And How To Do It Easily)

Have you ever taken the time to calculate your net worth?

It’s something that most people have never done despite it being one of the most important financial numbers. It doesn’t matter how young or old you are or whether you consider yourself rich, poor or somewhere in between.

It’s fairly simple to figure out your net worth. If you haven’t done it yet, let’s walk through why it’s important and the best way to calculate it.

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Side Hustles and The Life-Defining Lessons We Learn From Them – with Nick Loper

The term side hustle has gained a lot of attention lately. This is something outside of your full-time job that gives you more income and potentially more happiness.

To inspire us to think outside of the walls of our 9-5, I’ve invited the host of the Side Hustle Show, Nick Loper, on the show today. Nick and discuss the many benefits associated with a side hustle. Surprisingly, some of the best benefits have nothing to do with money.

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