Guilt Free Spending | Marriage and Money - a podcast by Seth McKay | Father, Husband & Wealth Manager in training

from 2021-03-25T16:27:20

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Video Link - https://youtu.be/5dbhRkWo3qI

In this episode, we talk about our system for guilt free spending and notes on how you can implement it as well.

There are many steps to setting up and designing you financial future – naturally this gets a tad more complicated when you get marriage because you will likely decide to share accounts, etc.

One step we took early on was making sure we still each had the personal freedom of being able to splurge and spend money on ourselves without feeling guilty or worrying about what our spouse thinks.

Initially, we read one of Dave Ramsey’s books and that helped get us started but we wanted to add “Fun Money” accounts into our system where both of us would have our own “bucket” of money to spend on whatever we wanted.

The road to being debt free can be a long one but make sure to give yourself a little grace and be willing to spend money on yourself along the way.

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