Episode 13: Tricks to Becoming Wise with Finances in Your Marriage

We are a magician & an (almost) therapist and we do whatever it takes to have a thriving marriage. We have tips and tricks to help you do the same!
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Podcast #13- Tricks to Becoming Wise with Finances
Intro- I am a professional magician and a pastor.
I am working towards my license as a Marriage and Family Therapist.
K- when it comes to money, have to be on the same page- otherwise arguments and frustrations.
-we have had our ups and downs for sure
-we started with $1000, used credit cards, etc,
-2008 recession caused all of our “cards to fall.”
K- spenders vs savers
-dreamer vs dream crusher
-couples fight about money cause of childhood experiences, or maybe keeping up with their neighbors
D- key to winning is communicating, compromising, and holding each other accountable (as partners, not parenting each other).
-best decision= Dave Ramsey envelope system and setting up automatic withdrawal to our savings accounts & tithe
K- I love the “fun money envelope” and the emergency envelope
D- new mindset- cause debt is a constant weight, we become slaves to our bills
-we changed mindset with 3 things…
Become debt free
Choose to become generous (God pocket)
Start your new system now. Don’t wait.
K- Budgeting is not a curse word.
-goal isn’t to constrict you, but to free you
-because our income is erratic, we budget weekly
-check out DaveRamsey.com for more help with budgeting
D- automate everything!
-auto savings for vacations, Christmas, cars, education, emergencies
Challenge- make a plan together! How can you both be better at taking control of your finances?
-It can be scary to rely on your spouse to take care of the money, so be a trustworthy spouse.
If you are not good at keeping track of money, get good at it! It is more than just numbers you are giving your spouse and your family the security they need.
Don’t let money be the source of conflict in your marriage!
Closing- see you next time!