To say “I love you” to our HerMoney family this Valentine’s Day, we’re bringing you a special love and money-themed mailbag episode and we’re tackling all your questions on the topic.
Perhaps The Beatles said it best when they wrote that “money can’t buy me love.” While this is certainly true, money can improve your bargaining position, and having enough of it can absolutely make life easier. But when you mix love with money (which we all do in countless ways over the course of our lives) complications can arise. Sorting through our feelings and our financial data, joint accounts, mortgages, and more can be incredibly difficult, but diving in with both feet and coming up with answers is the only sure way to move forward.
In today’s episode, Jean advises a couple struggling to get on the same page with budgeting, even though they agree on their bigger life goals. The couple is unsure if they should ramp up their retirement savings, or spend more money enjoying their life now. They're also dealing with a substantial amount of credit card and student loan debt, and are unsure how much they should eliminate before they start saving for other goals.
We also hear from a mom wondering if her daughter should put her boyfriend on the lease for her new apartment or not — her daughter could manage the monthly rent by herself if they broke up, but is it smarter to have him on the lease to start with?
Jean also guides a woman wondering how she can best support her sister-in-law who has spent years in an abusive relationship and faced homelessness. She’s hopeful she can help get her sister-in-law back on track financially and moving past her traumatic history. Lastly, Jean offers her thoughts to a woman debating a prenuptial agreement before she enters her second marriage and combines homes with her husband.
Thanks so much to all our HerMoney listeners for sharing their wonderful questions with us… We love to see your passion for the people in your life, as well as for your money!
Ep 425: Does More Money = More Happiness?
Mailbag: We have $146,000 in student loan debt, how do we pay it down?
Ep 424: If Your Budget Isn't Working, Here's Why
Ep 423: How A Coupon Influencer Found Herself In Debt
Mother’s Day Mailbag: I just went through a divorce. How do I make sure we’re financial exes as well?
Ep 422: Media, Money, and Messy Women
Mailbag: Financial advice for the recently retired, plus resources for teaching your kids about money.
Ep 421: Redefining Success In the Winner-Take-All Economy
Mailbag: The best place to keep summer job money, plus how to keep an emergency fund.
Ep 420: What Financial Freedom Means For Millennials
An Economist Weighs In On Being A Woman
Ep 419: What Your Culture Says About The Way You Manage Money
Make the Mundane Meaningful With Mike Norton
Ep 418: The Menopause Brain with Dr. Lisa Mosconi
Budgeting For Your Closet
Ep 417: Why MLMs Love To Target Women
Mailbag: How to get out of a bad property investment and manage your finances after a raise.
Ep 416: Get What You Want With Charles Duhigg
Mailbag: I love my nonprofit job, but are they taking advantage of me?
Ep 415: How A Personal Finance Expert Fell For A Financial Scam With Charlotte Cowles
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
So Money with Farnoosh Torabi
Everyone’s Talkin’ Money
The Payoff
The Mental Wealth Show with Rich Jones
Jill on Money with Jill Schlesinger