Finances can often put a strain on relationships - however, when Josh and Elisha decided to combine their finances, they embarked on a journey that not only led them towards paying 30k of debt within eight months but also brought about new conversations that strengthened their relationship.

In this episode of “In the Middle,” Josh and Elisha are here to share what led them into debt, how they began their journey, and how they’ve held themselves accountable.

WHAT YOU WILL LEARN

• How to hold each other accountable by combining finances
• How your debt-free journey can strengthen your relationship
• Adding side hustles for additional income
• Keeping your goals visual and tangible
• How simply saying ‘no’ can contribute to your debt-freedom
• Automatically saving towards an emergency fund

RESOURCES MENTIONED

• Page Eleven Paper Goods
• The Penny Lounge

On this episode of The His & Her Money Show, we cover a story of someone who is “in the middle” of their fight to be financially free. Sruti Basu had close to $50K in debt and knew that she needed to make a change. 

WHAT YOU WILL LEARN IN THIS EPISODE

• Paying off debt when you have a lower salary
• First steps Sruthi took to control her financial destiny
• Keeping a balanced life when you’re on a budget
• Crafting the unique side hustle that works for you
• Talking about money with your partner in a healthy way
• Dealing with distractions and challenges along the way
• Treating yourself when you reach a financial milestone

RESOURCES

• Refinery29 Money Diaries: Everything You've Ever Wanted To Know About Your Finances... And Everyone Else's
• Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams

When it comes to talking about money in a relationship, most of us focus on the numbers. Very few of us focus on the words we’re using.

That’s the lesson, Tarra Jackson aka “Madam Money” has for us today. As she shares in the podcast and her book, our money habits create a money “language”.

This language is the lens through which we have money conversations.

WHAT YOU WILL LEARN 

• How financial institutions are making money off your bad financial habits
• How your credit score can cost you more money
• Two ways you can avoid paying extra money to the banks
• How to handle “money misunderstandings” in your relationships
• The four basic money  “languages”
• The two basic types of spender and saver
• Why the way we talk about money matters more than you think
• How do I talk to someone with a different money ‘language’ than me?
• How do I begin to have the “money conversation” with my significant other?
• What is a “money date”?
• Can the way you use money change over time?
• Why single adults need to read relationship and finance books for couples

RESOURCES

• The 4 Financial Languages: The Secrets to Communicating About Money
• Tarra Jackson website
• Overdraft fees: A $15 billion problem for consumers (CreditKarma.com)

THANKS FOR LISTENING!

Thanks for tuning in to us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below.

If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Today’s show is sponsored by Legal and General America. Legal & General America makes understanding and applying for life insurance easy.

Also, agents are standing by to help you determine the best coverage to fit your family’s needs. Visit  HisandHerMoney.com/lgapodcast to get started on your journey toward financial wellness.

In this era, “debt-free” and “going to college” are two words that never sound like they should go together, but Anthony O’ Neal believes that they can.

He also believes that we should stop allowing debt to enter the “college conversation” in the first place.

Anthony O’Neal shares why he takes this hard stance about debt and college and the steps you can take today to prepare your child for a better financial future.

Anthony also takes it a step further.

He also covers what parents can do if they are currently facing an “I don’t have enough (or anything) saved for my kids” situation. He shares what they can do to get their child ready for a brighter (and debt-free) future. 

WHAT YOU WILL LEARN IN THIS EPISODE

• Why it’s so important for students to go to college debt-free
• How to break up with the idea that you need a student loan to go to college
• How early should I prepare my kids for college?
• How do I pick the right college that is affordable and valuable to my child’s future?
• What conversations should we have with our kids about college?
• What resources are out there to help parents and children make more informed decisions about college?
• What if we haven’t saved enough for college?
• Tips for managing your social media before & during your college years
• What Anthony does each morning (and believes we should do) to own our morning

RESOURCES 

• Debt-Free Degree: The Step-by-Step Guide to Getting Your Kid Through College Without Student Loans
• Find Your Calling website
• Anthony O’Neal’s website
• Anthony O’ Neal’s Scholarship Search
• Anthony O’Neal on Instagram
• Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis (Forbes.com)
• 30% of student loan borrowers can’t keep up with debt after just six years (CNBC.com)
• 529 VS. ESA: PROS, THE CONS AND WHAT’S BEST FOR YOU (ChrisHogan.com)

F.I.R.E. is a movement and community centered around developing a healthy and sustainable framework for your relationship with money.

Scott and Taylor, the creators of Playing with FIRE, are on the show to talk about their journey towards financial independence, and how they hope to spread the FIRE movement and help others become more financially literate.

WHAT YOU WILL LEARN

• The F.I.R.E. framework
• How to begin FIRE based on your values
• Where to cut back on expenses
• How to use a retirement calculator
• Setting achievable goals
• The importance of understanding financial literacy
• Investing in broad-based, low-cost index funds

RESOURCES MENTIONED

• Playing with FIRE by Scott Rieckens
• Playing with FIRE Documentary
• Choose FI Podcast
• Mr. Money Mustache
• Simple Path to Wealth by JL Collins

On today’s episode of The His & Her Money Show, we celebrate the victory and journey of Sherika Wynter, a product manager/teacher/business owner/speaker who turned a bad financial situation into a lesson in persistence, creativity, and grit.

WHAT YOU WILL LEARN IN THIS EPISODE

• Why we need to be financially prepared for the uncertainties of life
• The two situations that almost financially wiped Shericka out
• How Sherika successfully negotiated with insurance companies to cut an unfairly expensive medical bill
• Strategies Sherika used to stay financially responsible after she committed to getting debt-free
• The side hustles Sherika used to bring in more income while she was paying down debt
• How Sherika balanced a full-time job, a side hustle, and more to reach her goal
• Ways that Sherika leveraged her network to get even more money
• How she dealt with friends, family, and distractions while staying financially disciplined
• Dealing with family and friends who don’t agree with financial decisions
• Not accepting the status quo for your financial life
• Advice Sherika gave to her younger brother (and everyone) about student loans
• How Sherika is giving back
• The new financial freedom and journey Sherika is on, now that she is debt-free

RESOURCES

• Keep a Money Diary and Become Better With Your Spending
• What To Do When You Get Medical Bills You Can’t Afford
• 10 Ways to Make Extra Money to Pay Off Debt - MagnifyMoney

On this episode of The His & Her Money Show, we talk with The Downing Brothers (Anthony & Anton Downing) of HGTV’s “Double Down ” about flipping houses, rehabbing, and all things real estate.

WHAT YOU WILL LEARN IN THIS EPISODE

• How to flip real estate using an FHA (Federal Housing Authority) loan
• Requirements of the FHA loan
• The business principles behind the side hustle of real estate investing
• Cheat codes to getting faster approval of your loans
• Workarounds to getting more than FHA loan so you can get more cash flow in less time
• The importance of persistence in real estate investing (Very important for beginners!)
• Tips for adding  value to a home to increase it’s worth
• How do you find the right properties and neighborhoods to invest in?
• Good and bad signs of a good real estate deal
• The “Driving for Dollars” technique to make sure you’re seeing a real estate deal from all angles
• Building your real estate investing “success team”
• Successfully vetting the people on your real estate investing team (i.e. contractors, realtors, etc.)
• Building relationships with property managers and the community to decrease the headaches of investing
• Why it’s more expensive to buy cheap and take shortcuts when rehabbing a house
• What to do when bad things happen in real estate investing...and how to prepare for them in advance

RESOURCES MENTIONED

• Chicago twin brothers hope their house-flipping pilot gets picked up to series (Chicago Tribune)
• FHA Loans (HUD.gov)
• FHA Loan Requirements for 2019 (Nerdwallet.com)

THANKS FOR LISTENING!

Today’s show is sponsored by Fetch Rewards. Fetch Rewards offers users free rewards on groceries, just by scanning their grocery receipts! Listeners get 2,000 points when they use the code HNHM after signing up and scanning their first receipt.

Thanks for tuning in to us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below.

If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

On this episode of “In the Middle,” we talk to Ashonzay and Ellie, a couple that has combined their debt-free journey with their health and lifestyle changes. They are the founders of Debt Free & Fitness, and their mission is to help people live a healthy lifestyle with both their finances and their bodies. 

Ashonzay and Ellie came from different financial backgrounds, and consequently, they entered into their relationship with very different financial situations. In total, their debt began at 120k, with most of it coming from Ashonzay, and within the past 6 months, they have reduced it by about 26k. 

Ashonzay openly shares about his hesitation to be transparent with Ellie about his debt, feeling ashamed, embarrassed, and fearful that it might negatively impact their relationship. In response, Ellie sets an incredible example of acknowledging her privilege, showing compassion, and accepting responsibility for her future husband’s debt.

WHAT YOU WILL LEARN

• How to accept and understand your partner’s debt
• How to have a conversation with your partner about your debt
• Becoming financially transparent prior to marriage
• Creating discretionary budgets to make budgeting sustainable
• Organizing budgets and savings towards multiple goals
• Cutting back on excess spending
• Meal prepping to help both the budget and health
• Living intentionally while avoiding burnout
• Building a debt-free community
• Finding joy in things that don’t cost money
• Pushing through non-motivation and remembering your “Why”

RESOURCES MENTIONED

• Debt Free & Fitness
• Debt Free Community Meetup Group
• Think and Grow Rich by Napoleon Hill
• Power Couples University

THANKS FOR LISTENING!

Thanks for tuning into us on The His & Her Money Show. Also, If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes!Ratings and reviews are extremely helpful and greatly appreciated! Furthermore, they do matter in the rankings of the show, and we do read each and every one of them.

On this segment of “In the Middle,” we’re here with Elsie and Von - a couple that started off with almost $125,000 of debt and, within a year and a half, have cut down their debt to $58,000.

They’re a couple with three kids, two properties, and a plethora of past challenges who are in the middle of tackling their debt on their journey towards debt freedom.

WHAT YOU WILL LEARN

• The importance of communication and teamwork for couples
• The difference between regular and student loans
• How to get your spouse on board with paying off debt
• How to work through grief and challenges in a partnership
• Prioritizing mental health before addressing financial changes
• Talking to friends and family about debt journeys
• Making small changes to save money
• How to stay accountable and motivated

RESOURCES MENTIONED

• Every Dollar App
• Everyday Millionaires by Chris Hogan

In this episode of His & Her Money, we sit down with Rashauna Scott, a real estate investor in Chicago. Her interest in financial freedom was sparked at a career fair during high school, and since her teenage years, with grit, determination, and a whole lot of self-investment, she has built up a successful real estate career.

WHAT YOU WILL LEARN

• How to find mentors and partners in real estate investment
• How to get started in real estate investment with limited finances
• Strategies to pinpoint what assets you can bring to the table in real estate
• How to create a strong business partnership
• How to determine whether or not a property would be a good deal
• Where to find properties
• How to leverage the bank and lender to invest in a property

RESOURCES MENTIONED

• Rich Dad, Poor Dad by Robert T. Kiyosaki 
• Retire Young, Retire Rich by Robert T. Kiyosaki:
• Rashauna Scott on Instagram

THANKS FOR LISTENING!

Today’s show is sponsored by Fetch Rewards. Fetch Rewards offers users free rewards on groceries, just by scanning their grocery receipts! Listeners get 2,000 points when they use the code HNHM after signing up and scanning their first receipt.

Thanks for tuning into us on The His & Her Money Show. Also, If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes!Ratings and reviews are extremely helpful and greatly appreciated! Furthermore, they do matter in the rankings of the show, and we do read each and every one of them.