Just Another Money Podcast

96% of Americans believe at least one of these financial myth––are you one of them? In this week's episode, Lauren and Nick are breaking down 6 of the most common misconceptions around money that could be holding back your finances!

00:56 - 96% of Americans believe at least one money myth

4:35 - Myth: Credit cards are for emergencies

14:37 - Myth: I'm young, I don't need to be saving for retirement yet

21:34 - Myth: Renting is throwing away money

29:18 - Myth: I earn more than enough money, I don't need to bugdet

35:25 - Myth: Money can't buy happiness

40:26 - Myth: Investing in the stock market is too risky

48:17 - What Lauren and Nick are looking forward to this holiday season

–––––––

Sign up for 1:1 Financial Coaching here:
https://justanothermoneypodcast.com/coaching

Want to have your money questions answered on our show? Submit your questions below: 
https://justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

77% of Americans have financial regrets––are you one of them? In this week's episode, Lauren and Nick discuss American's biggest financial regrets and how to deal with them.

0:58 - 77% of Americans have financial regrets

1:20 - Lauren and Nick's biggest financial regrets

5:56 - "I'm 40 with nothing saved and zero retirement! Is it too late for me?"

14:27 - "It's just hitting me that loans are going back into repayment and I feel trapped. I regret college."

25:53 - "I'm embarrassed and ashamed"

32:31 - "I bought an expensive car yesterday and now I'm regretting it. Having a little buyers remorse. How did I do? Did I make a big mistake?"

39:03 - "My mortgage is 40% of my income, did I make a mistake?"

46:24 - Lauren and Nick's tips for big financial decisions

Bankrate's Survey on American's Financial Regrets:
https://www.bankrate.com/investing/americans-biggest-financial-regrets-survey/

–––––––

Sign up for 1:1 Financial Coaching here:

Want to have your money questions answered on our show? Submit your questions below: 
www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

Are American's delusional about Holiday spending? In this week's episode, Lauren and Nick discuss spending around the holidays and other special occasions. 

0:54 - 46% of Americans are still paying off debt from last holiday season

3:20 - What time of year is the most stressful on your finances?

5:46 - "How do I explain to my family that I can't afford Christmas gifts?"

8:59 - "I can't afford to attend my best friends wedding and she is PISSED!"

13:00 - "Are people delusional about Christmas spending?"

21:11 - "AITA for not going on a family vacation because I can't afford it?"

25:27 - "What are you doing to make Christmas less of a financial burden?"

32:01 - "I told my sister I can't afford big presents for her kids anymore and now she's angry with me!"

39:25 - 3 spending tips for the holidays and special occasions

WalletHub Early Holiday Shopping Survey:
https://wallethub.com/blog/early-holiday-shopping-survey/142151

Investopedia's Holiday Retail Sales Report:
https://www.investopedia.com/financial-edge/1112/average-cost-of-an-american-christmas.aspx

–––––––

Sign up for 1:1 Financial Coaching here:

Want to have your money questions answered on our show? Submit your questions below: 
www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

Why is it so difficult to stay on budget? In this week's episode, Lauren and Nick cover their number one budgeting tips to stay on track. 

1:00 - Lauren and Nick's number 1 budgeting tips

3:09 - "Why is it so difficult to keep a budget?" 

9:12 - "My income dropped significantly and I need major help!"

15:04 - "How do you organize your budget?"

18:59 - "How should I budget my $75k per year salary?"

22:12 - "My budget never works! How do I make a budget that works?"

27:40 - "Why should I bother budgeting?"

32:10 - 72% of households do not have a written financial plan

Savology's Financial Statistics on American Households: https://savology.com/13-financial-statistics-you-need-to-know

–––––––

Sign up for 1:1 Financial Coaching here:

Want to have your money questions answered on our show? Submit your questions below:

www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

How much of your income should you really be saving? In this week's episode, Lauren and Nick discuss all things savings!

0:55 - The savings goals that Lauren and Nick are each working towards

3:40 - "What type of savings account should I put my money in?"

9:38 - "I feel like we're not making any progress"

14:20 - "Can you explain a sinking fund, when it's worth it and how it helps?"

17:36 - "Why do some people act like an emergency fund is some magincal thing that will never be touched and will actually cover your emergencies?"

23:41 - "I can't seem to save money no matter how hard I try"

28:23 - "How much of your income should you really save?"

36:51 - Over 1 in 4 people have no emergency savings

Bankrate's 2024 Annual Emergency Savings Report: https://www.bankrate.com/banking/savings/emergency-savings-report/?tpt=a#no-emergency-savings

Want to have your money questions answered on our show? Submit your questions below:

www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

Is it wrong to keep your finances hidden from your spouse? In this week's episode, Lauren and Nick discuss marriage, money and financial infidelity.

0:50 - How Lauren and Nick approach finances in their own marriages

7:06 - "My husband is not interested in combining finances"

11:18 - "How soon into dating do you discuss finances"

17:08 - "My husband has been lying to me about our finances and we are screwed"

27:33 - "Should I end things with my boyfriend as he is so bad with money"

33:41 - "My husband is upset that I don't want to fully join our bank accounts together"

40:03 - "Dating someone who makes half as much money as you"

45:47 - Over 40% of marriages end due to financial disagreements"

Want to have your money questions answered on our show? Submit your questions below:

www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances

Would you pull from your 401k to pay off debt? In this week's episode, Lauren and Nick discuss paying off credit card debt and the traps to avoid. 

0:35 - Who we are and why we started this podcast

6:07 - "I'm $20k in CC debt making $2,500/mo"

13:37 - "We're living paycheck to paychek, please help"

20:20 - "Should I take out a loan to pay off debt?"

24:00 - "Withdrawing from a 401k to become debt free"

Want to have your money questions answered on our show? Submit your questions below:

www.justanothermoneypodcast.com/submit-a-question

Reach us directly on Instagram @moneycoachlauren or @habitfinances