Think your home is an investment? For most people, it’s not. Learn how to rethink real estate so you can build your wealth and become financially independent! Is Your House an Investment or Money Pit? Buying a house is usually the biggest purchase we make. Right now in the United States, the median price of homes that […]
Does it seem like you two keep having the same argument over and over? Do you feel like you’re spinning your wheels with money? You’re not alone.
Today we’re going over how we form our money habits and how we can change them for the better to finally achieve your big goals together!
Mindsets and Money Stories
It’s funny how unaware we can be about our money habits. When we first began talking about money, it was a real eye-opener and not just because of the numbers.
Here we were ready to spend our lives together and we realized that we had completely different views when it came to money.
But digging into how we pick up those habits and figuring a way to work with what we have so to speak is somewhat tricky – which is why I’m really happy Jen Hemphill here.
She’s an accredited financial coach and author of her new book, Her Money Matters: The Missing Truths From Traditional Money Advice.
It’s a fantastic book and one aspect I really appreciated is how Jen dives into mindsets and money stories.
In this episode we discuss:
- how your past can influence how you handle finances now – for better or worse
- how to help your spouse to open up and understand their money mindset
- a tip for getting them onboard
Hope you enjoy!
Resources to Understand and Change Your Money Mindset
If you two are looking to improve how you talk and work together with your finances (and lives), please check out these resources.
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
You can get lifetime access here.
Sarah from High Fiving Dollars discusses tips on how you two can get more open and comfortable talking about money as a couple.
[smart_track_player url=”http://traffic.libsyn.com/couplemoney/Dealing_with_Money_as_a_Couple_with_High_Fiving_Dollars.mp3″ social=”true” social_twitter=”true” social_facebook=”true” social_pinterest=”true” ]
Dealing with Money as a Couple
Welcome to a bonus episode!
I had such a great time talking with Sarah from High Fiving Dollars. Besides sharing her experiences working abroad, she some great and real stories about the psychology of money and becoming more comfortable with talking about it as a couple.
Since it didn’t have too much to do with our original focus of working abroad, I split the interview. So here it is. Hope you enjoy!
Marsha Barnes from The Finance Bar shares her top tips on how to jump-start your finances and build momentum with your money.
[smart_track_player url=”http://media.blubrry.com/couplemoney/traffic.libsyn.com/couplemoney/CM_S2E10_Starting_and_Building_Momentum_with_Your_Money.mp3″ ]
The Finance Bar – Empowering a Community and Educating About Money
Marsha Barnes, Certified Financial Educator, knows a lot about taking charge and helping others with finances. When she saw a need for more financial literacy and education in her community, she created her non-profit The Finance Bar.
She travels to schools, organizations, and corporations in and around Charlotte, NC with the first mobile financial literacy hub!
As she has worked with clients and the community over the last few years, she created resources to help others get a better handle on their money.
- The Finance Bar app to help manage expenses
- The Members Club to give women the tools, knowledge, and community they need to improve their finances
- A blog full of practical and handy tips on money
So if you need a boost with your money mindset, she’s the one!
Tips to Build Your Financial Momentum
A recent post covered twenty tips on how to gain financial momentum. She was kind enough to go on the podcast to share and explain some of some of her personal favorites.
- Finding your why. Why do you desire to change your financial situation?
- Face the facts of your situation. They’re real yet temporary.
- Embrace the process.
- Acquire an appetite for financial success.
Thoughts on Fixing Your Finances
How many of you are working on your finances? Have you ever felt like you’re in a rut? What has help you to break free and make progress on your goals?