Money Matrimony

Episode 10 - Does avocado on toast actually prevent you from buying a property?

In this episode of Money Matrimony, we dive into the heated debate around avocado toast being blamed for why millennials struggle to buy homes.

Is it really the culprit, or is there a bigger issue at play?

In this episode we break down this popular myth and uncover how small spending habits and personal values can have a significant impact on your financial future.

Our conclusion to this much debated question might just surprise you—tune in to hear our take on this modern debate and what it means for your own property goals!

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/the.moneymatrimony/

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 9 Show Notes: How We Budgeted and Managed Our 4-Week Asia Trip

In this episode of Money Matrimony, we take you through all the details of our recent 4-week family holiday to Asia. After four years of planning (and 2 children in between), we finally made it happen! 

We’ll dive into why we decided to spend a significant amount on this trip and the importance of making these family memories, even if it comes with a hefty price tag.

We’ll also break down how we budgeted for the trip. If you’ve ever wondered how to manage expenses during a holiday, we’ve got you covered. 

We’ll share tips on tracking expenses, managing prepaid costs, and how to deal with unplanned surprises like our Japan Shinkansen incident.

Finally, we’ll share some of our favorite travel hacks: from using points and booking early to off-peak travel and making sure you stay within your means (don’t go into debt for a vacation!).

At the end of the episode, we reveal the exact number for exactly how much on our 4 week trip in asia for our family of 5.

This episode is full of practical advice and a bit of fun as we reflect on our journey. We hope it helps you plan your next adventure! 

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/the.moneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

___________________________________________________________________

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional. 

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 08 - How Kids Affected Our Finances: The Real Cost of Raising a Family

According to recent research the cost of raising a child to adulthood is $557,013 which is the reason why many chose not to have children.

In this episode of Money Matrimony, Hayson and Nikki dive into the financial realities of raising children. From unexpected expenses to lifestyle changes, sharing personal stories about how having kids impacted their finances in ways they didn't anticipate. 

We talk about practical tips on how to plan for these costs and strategies to keep your budget on track while raising a family.

Whether you're a parent or planning to become one, this episode will help you navigate the financial challenges of parenthood.

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/the.moneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

___________________________________________________________________

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional. 

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 07: Obstacles to Budgeting with Your Spouse

In this episode of Money Matrimony, we delve into the common obstacles couples face when trying to budget together. We explore five major challenges - lack of financial literacy, unrealistic expectations, past financial mistakes, power dynamics, and inconsistent tracking and we share practical solutions to help you overcome them.

Join us as we discuss our personal experiences, the importance of open communication, and how to foster collaboration in managing finances as a team. Don't miss our tips for building a successful family budget!

Key Takeaways:

• Identifying and overcoming financial literacy gaps.
• Setting realistic expectations for budgeting success.
• Addressing past financial mistakes and moving forward.
• Navigating power dynamics in financial decision-making.
• Importance of consistent tracking and monitoring of expenses.

Plus, we have a special treat for you – we are sharing with you the exact template that we’ve been using and evolving to manage our family budget for the past 10+ years!

Click the link below to download our budget template for FREE!

https://bit.ly/3zbq7hK

Join the Conversation:

Share your budget challenges or successes with us on Instagram @TheMoneyMatrimony or Facebook. We’d love to hear from you!

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 6 - Income Disparity

When Australia’s Workplace Gender Equality Agency (WGEA) released their gender pay gap report on 27th of February 2024 it sparked a lot of discussions around gender pay gap & income disparity.

But that's only half the story, there is often the hidden side of income disparity that no one sees, often goes unnoticed and not talked about.

Income disparity in relationships; where one party earns more than the other and, in some cases, where one partner is the sole bread winner and the other partner does not have any income at all. This is often the case when women decide to have children. The affect that this can have on many relationships often remains behind closed doors and not talked about in the public. 

In this episode we aim to lift the lid on that as we tackle this often very private subject head on by looking at income disparity in our relationship and how it has affected our relationship but also what we've done to address this prickly situation.

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 5 Show Notes

Welcome to the first part of our four-part series on budgeting! In this episode, we dive into the fundamentals of family budgeting. We’ll explain what a family budget is, why it’s crucial for financial health and management, and provide a step-by-step guide on how to build an effective family budget.

Plus, we have a special treat for you – we are sharing with you the exact template that we’ve been using and evolving to manage our family budget for the past 10+ years!

Click the link below to download our budget template for FREE!

https://bit.ly/3zbq7hK

Use this budget template and follow our 6 step budgeting process to help you get started on your budgeting journey.

1. Gather information
2. Have the conversation: Setting financial goals (e.g., saving for emergencies, paying off debt, saving for college).
3. Identifying sources of income (e.g., salaries, side hustles, investments).
4. Tracking monthly expenses (e.g., housing, utilities, groceries, entertainment).
5. Put the information and projections into a budget template
6. Adjust the budget over time

We’d love to hear from you!

• Have questions or tips about budgeting? Share them in the comments below or on our social media channels!
• Let us know how the budget template works for you and any adjustments you made.

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Episode 04 - Weathering the Storm: Navigating Financial Stress in Your Family

In this episode, we’ll be diving into a crucial and sensitive topic: navigating financial stress in your family.

This is such an important topic to discuss because at some point in your relationship and in your family, you will face financial stress and pressures. You might’ve already experienced it and lived through it or you might actually be experiencing it now with the cost of living crisis around us and if you haven’t already, you will  at some point in the future.

So it’s all the more important to know:

• How to identify financial stress – how financial stress shows up in our individual lives, our relationship and our family.
• Common sources of financial stress
• Impact it can have on our relationships such as our marriage, family and kids
• Ways to address and prevent financial stress; strategies that we’ve implemented to minimise financial stress on our family.

Financial stress doesn’t necessarily reflect your actual financial situation, you can feel pressure or stress even if you are in a good financial position. They can be triggered by big circumstantial changes. Even when you plan, you may feel it.

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

------------------------------------------------------------------------------------------

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional.

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Joint accounts, a topic central for many relationships and often it can even be a touchy subject for some couples, but they're also a powerful tool for fostering financial unity but more importantly unity for a relationship.

In today's episode, we'll be discussing the pros and cons of joint accounts, sharing practical tips in managing them effectively, and addressing common concerns and misconceptions surrounding joint accounts.

So perhaps you are considering opening a joint account with your partner or simply curious about how they work, join us as we unravel the mysteries of joint finances and discover how they can strengthen your bond and relationship as a couple.

There are also many ways to manage joint finances splitting half half, percentage split based on income but the one that we use and believe in is to have one collective pool. 

Why? Join us in this episode to find out. 

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

——————————————

Disclaimer

Please note that nothing in this podcast should ever be considered personal financial advice. For advice specific to your situation & needs, we encourage you to speak to a finance professional. 

The information provided in this podcast, Money Matrimony, is for entertainment and informational purposes only. Whilst we are passionate about personal finance and share our experiences, opinions, and insights, it should not be construed as financial advice.

Listeners are encouraged to seek the advice of a qualified financial advisor or professional before making any financial decision. Every individual and couple's financial situation is unique, and what works for one may not be suitable for another.

The opinions expressed by the hosts and any guests on the show are their own and do not necessarily reflect the views of any organizations or institutions they may be affiliated with.

Money Matrimony does not guarantee the accuracy, completeness, or reliability of any information shared on the podcast. Listeners should conduct their own research and exercise their own judgment when making financial decisions.

By listening to Money Matrimony, you agree that the hosts, guests, and producers of the podcast are not liable for any financial losses or damages that may result from actions taken based on the information provided in the podcast.

Hosted on Acast. See acast.com/privacy for more information.

Money Story - Our Collective Story

This is part 2 of a 2-part series called “Money & Me” where we dive into the world of our money stories. These are the narratives that define our relationship and perspective on money, encompassing our upbringing, experiences, influences, and attitudes towards money.

In this episode we reflect on the highs and lows, the trials and triumphs as we merge our distinct paths and individual money stories to craft a new and shared narrative together – our story.

Crafting a new collective story is often overlooked in our individualistic society where the mentality of “I do me” and “you do you” prevails and is often carried into marriage. This is particularly true when it comes to money. Whilst it’s important that each individual is able to express and be who they are, we must not to under estimate the power and importance of crafting a shared narrative together, particularly in a marital relationship where, as cliché as it sounds “two becomes one”.

But we don’t just want you to listen to our collective story. We’re sharing our stories to inspire you to explore and articulate your collective story. Here’s how you can begin by discussing these three questions with your partner:

• How has your upbringing and experiences influenced the way that we view money?
• What are some differences and similarities in your money stories?
• What compromises have you made or do you need to make in your collective story?

Practically, there are heathy practices that you can adopt together as a couple to help you be more cohesive and united with your management of money.

• Regular check-ins on your budgets and bank accounts
• Transparent with your income and expenses
• Open communication with each other – willing to be transparent and talk about money and to not avoid it

*****Make sure to hit the subscribe button and join the conversation!*****

Follow our socials

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

Hosted on Acast. See acast.com/privacy for more information.

Our money story - What is it? and why does it matter?

We often underestimate the complexity of a union between 2 individuals in a relationship who have spent a majority of their lives and formative years apart. We each have our own unique stories and with it, we bring baggage, experiences & values that may not always align with one another.

One story which we often don’t talk about is our individual money stories, which is the narrative that defines our relationship and view of money and includes things like our upbringing, experiences, influences and attitude towards money.

It’s important we know our money story because it impacts our values and decisions as well as the baggage we carry into a relationship. By understanding our own stories, we are able to craft what we call “our story” which is the story that you will begin to write in your relationship together.

This episode will be released in 2 parts. In Part 1 which is today's episode, we're delving into the depths of our money story, exploring how our individual journeys intersected to shape our shared financial narrative as a couple.

Then in our next episode, we will continue our money story by reflecting on the highs and lows, the challenges and triumphs, and ultimately, how we've merged our distinct paths to craft a new chapter together – our story.

We don’t just want you to listen to our individual stories, but we’re sharing our stories to encourage you to learn and articulate your individual money story. You can do that by asking yourself and or each other these 3 questions

• What are your earliest memories or experiences with money?
• How did our upbringing and family dynamics influence our view towards managing money?
• How did your perspective on money evolve over time, and what factors influenced those changes?

By answering honestly and reflecting on these 3 questions, you’ll begin to articulate your individual story and identify what defines your own relationship with money.

*****Make sure to hit the subscribe button and join the conversation!*****

Follow us at

Instagram https://www.instagram.com/themoneymatrimony

Facebook https://www.facebook.com/themoneymatrimony

Linkedin https://www.linkedin.com/company/the-money-matrimony

Hosted on Acast. See acast.com/privacy for more information.