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Welcome to How to Money. I'm Joel. And today I'm talking moving up show and newly married Nick Majuli back on how to money.

He's been given the nickname Nicky Numbers because he has a special gift, I would say, for conveying wonky money information in a straightforward and digestible way. It's kind of a tough task. I've been a fan of his blog of dollars and data for years now. And if you want to grow your net worth while finding more spending freedom, well, that's what we're going to discuss today. So listen up. Nick, thank you so much for coming back on the show, my friend. Thanks for me back on Joel. Appreciate it. Of course. Okay, we asked you this question three years ago when you came on the podcast, which is, what do you like to support John? We ask every guess that question, Matt and I spend what someone would call or say too much money on craft beer and we say poppycock. We should spend lots of money on craft beer because it's totally worth it.

Especially as you've moved up the wealth out of these past few years, what are you splurging on?

So previously three years ago I said I splurge on restaurants. I still do that. That hasn't changed.

But if I have to pick like what are the two things I'm spending a lot more on? One is I'm starting, we're going to get into this when I talk about the well flatter. I'm starting to splurge a little bit on travel here and there. So I might upgrade my seat to like a emergency row seat versus like I never, I would always just take whatever was available I might get more

legroom I still haven't gotten to the upgrade to first class yet that's I'm oh give me a few years and

maybe I can afford that but right now I'm not in that spot yet so I'm I'm upgrading to like

that slightly nicer seat on the airplane splurge the other thing I'm I'm splurging a lot on is health

and it's just like it's the one thing I'm in my mid-30s now. And so I know, especially for men after 40, you know, unless you take care of yourself, it can really start to slow down. And so I know biology is working against me eventually, but I'm doing everything I can and I'm splurging on whatever. Oh, that costs how much? I don't care. Like health health for me is like, I don't even think about the price tag when it comes to this stuff. Because I think it's one of the few things where if you don't have it, you would give away all your money to have it. And so I think it's that important. I think most people underspend, criminally underspend on health, unfortunately. I think you're right. country. Actually, when you talk about spending on health, I think it's a really smart thing, but also there's a lot of things you can do to stay healthy that don't cost that much money, right? And there's just all these articles about walking 10,000 steps a day or something. And most people can do that and at least hit the bare minimum. But yeah, spend money on the health stuff. I think that makes sense. And the exit row seats, I can sympathize with that

as someone who's six foot six. I'm getting to the point where I'm willing to, you know,

bury my frugality just a touch so I can get an exit row seat. You just got married. I mentioned that

at the top. I'm curious how your thoughts about money have changed as you've been in a long-term relationship and now you're

tying the financial knot. Has that taught you anything about money that maybe you didn't previously

know or appreciate? Funny enough, I actually wrote about this on the blog. My wife and I, or then-girlfriend,

we actually started officially this year. We started like basically

pooling our money even though we weren't technically married yet. And I knew we were going to

get married within a few months. And so we kind of created this system, which I called the separate

plus joint method. And the idea is all of your income goes into one joint account, right? And then all of

your expenses, shared expenses,

go out of that account. And then over time, hopefully your income is greater than your expenses,

so you're saving money, right? And then every, let's say every quarter, we take an equal-sized

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