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Marriage Kids and Money: Personal Finance for Families

Dual Income No Kids: What To Do With Extra Money?

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 19 October 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

Scott and his husband are a dual income no kids (DINK) household. They have come into some extra money lately and want to know what to do with it. Do they invest the money? Do they save it? Or do they pay down debt? To help me answer Scott's question, I've invited David and John Auten-Schneider from the Queer Money Podcast. These financial experts break down different options for Scott and how their decisions relate to LGBT couples in general. Also, Kestrel McCorkle from North Carolina shares how she paid off her 50 acres of land and now owns it free and clear. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

In today's digital world, compliance regulations are changing constantly,

0:07.0

and earning customer trust has never mattered more.

0:10.0

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0:13.0

with the most advanced AI automation and continuous monitoring out there.

0:17.0

So whether you're a startup going for your first stock two or ISO-27,001, or a growing

0:22.1

enterprise managing vendor risk, Banta makes it quick, easy and scalable. And I'm not to say

0:27.2

that because I work here. Get started today at banta.com.

0:32.0

There's no other part of the economy that's built for success quite like the stock market.

0:38.0

There are too many really wealthy and powerful people who need the stock market to

0:42.4

continue to do amazing.

0:43.5

And that's probably the best place for all of us to get into as soon as possible.

0:52.9

This show is dedicated to helping you, strengthen your family tree, and live financially free.

0:59.0

Welcome to the Marriage Kids and Money podcast, everybody.

1:01.2

This is Andy Hill, and today we're going to do two things.

1:05.3

First, we are going to answer a question from the Marriage Kids and money community about what to do with your money

1:12.1

when your dinks. That's dual income and no kids. Second, we are back with our mortgage-free

1:19.9

segment. This month, we are joined by a fellow thriving family's group member, Kestrel McCorkel,

1:25.9

from North Carolina. She has a unique mortgage-free story

1:30.2

because her family is now the proud owners of 50 acres of land, free and clear.

1:37.7

All right, let's jump into today's show.

1:42.1

I received a question via voicemail from Scott, and here it is. Hey, Andy, this is Scott. I have a

...

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