2063: Family Budget Meetings – Yes, You Need To Have Them by Michelle Schroeder-Gardner

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🗓️ 13 October 2022

⏱️ 10 minutes

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Summary

Michelle Schroeder-Gardner of Making Sense of Cents talks about the value of family budget meetings Episode 2063: Family Budget Meetings – Yes, You Need To Have Them by Michelle Schroeder-Gardner Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2016/05/budget-meetings.html Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:58.3	This is Optimal Finance Daily, episode 2063. Family budget meetings. Yes, you need to
1:04.9	have them by Michelle Schroeder Gardner of MakingSenseofSense.com. And on your host
1:10.7	and personal finance enthusiast, Diana Mariam, we're going to jump right into our next
1:15.7	post as we optimize your life. Family budget meetings. Yes, you need to have them by
1:26.0	Michelle Schroeder Gardner of MakingSenseofSense.com.
1:31.2	Talking about money and conducting regular budget meetings is an important task for every
1:35.4	family and serious relationship to take part in. However, many people are clueless when
1:41.2	it comes to their family's financial situation. According to a survey taken by Fidelity, 43%
1:47.6	of respondents don't know how much their partner earns, and 36% are unaware of the amount
1:53.5	they have invested. Then there are the financial horror stories when one spouse has hundreds
1:59.0	of thousands of dollars of debt, and the other spouse doesn't even realize it. Or one
2:04.4	spouse thinks the family is financially sound when reality, the truth is the exact opposite.
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