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The Jesse Mecham Show

6 Money Lessons for Newlyweds

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 14 June 2021

⏱️ 7 minutes

🧾️ Download transcript

Summary

Jesse offers six tips for newlyweds learning to manage their money as a couple for the first time.

 

Check out the YNAB blog for more!

https://www.youneedabudget.com/money-lessons-i-wish-i-had-learned-when-i-was-25/

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, one ever is my name is Jesse Meakam and this is podcast number 501 for one ever

0:09.9

where we teach you four rules to help you stop even paycheck to paycheck, get out of

0:12.7

debt and save more money today.

0:14.5

I want to talk about what, well, just some lessons, some lessons that you might want to

0:19.8

pass along to some people that are about to tie the knot, some newlyweds, if you will.

0:26.3

What would it be like if you could start out that life together with some ground rules,

0:32.1

with a solid financial foundation, not meaning you're rich by any stretch, you might be dreadfully

0:37.1

poor as Julian and I were, but with a blank slate, a clean slate.

0:42.0

And we wrote a fantastic blog post and by we, I mean Rachel, wrote this amazing blog post

0:49.0

where we walk through six lessons that Rachel wishes she had learned as a newlyweds.

0:55.2

I love the way she, she just kind of laid it out there, one, and we've talked about this

0:59.1

a lot in the podcast, one of you may gravitate more toward the nerd side, the CFO side,

1:03.7

the household CFO is Rachel calls it and it's just kind of like who's going to pay the bills,

1:07.2

who's going to pay what bills, who's going to just determine the investing, who's going

1:10.9

to learn, who feels a propensity to learn more about investing, that may, that may come

1:15.8

up, who is going to handle insurance, are both you're going to do it, are one of you

1:19.7

going to do it, you just got to talk these things to, who files the taxes, which poor

1:23.4

soul, feels so inclined to fill out all those forms.

1:27.4

So one of you may just gravitate and that's not that one person handles all of it.

1:32.9

Just are there components of the CFO type things that one of you feels more inclined to handle.

1:41.5

For some reason, Julie has handled paying the life insurance bills for, well, almost

1:47.0

two decades.

...

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