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Awesome Marriage Podcast

What To Do In Financial Crisis Like COVID-19

Awesome Marriage Podcast

Dr. Kim Kimberling

Relationships, Society & Culture, Religion & Spirituality, Christianity

4.9813 Ratings

🗓️ 9 April 2020

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this episode Dan & Mikayla Ockey join Dr. Kim to talk about how to handle this financial crisis we are in. Dan & Mikayla (Kay) are founders of Centsei online personal finance courses for couples. They are passionate about helping couples make wise decisions with their money, work together as a team as married couples, and work towards financial freedom. 

 

Today share some practical tips on how to navigate these weird financial times many of us are in due to the Coronavirus. Dan & Kay share some encouraging and helpful info in this episode. 

We pray this episode is helpful to you and your marriage.

Subscribe to Podcast Email to make sure you never miss an episode and get noteworthy quotes, resources, and more delivered straight to your inbox! 

*Music for this podcast is created by Noah Copeland. Check him out here

NOTEWORTHY QUOTES

  • "It's more essential to have an emergency fund that covers your family's expenses for six months than ever before." - Dr. Kim Kimberling
  • "Now is the time to get your personal finances in order and to have those financial conversations you've been meaning to have with your spouse." - Dan Ockey
  • "Make sure you are on the same page financially before starting a budget with your spouse. If you are not it will be a point of contention." - Kay Ockey
  • "When we have a shared vision of our financial goals as a couple we are more willing to make sacrifices or have understanding on why certain things need to be included in the budget." - Dan Ockey
  • "A budget without a goal is just an empty plan." - Dan Ockey
  • "When you agree on your financial goals as a couple, then your budget is the tool to help get you there." - Dr. Kim Kimberling
  • "Don't give up on your budget. Persevere until it becomes a habit." - Dr. Kim Kimberling
  • "Budgeting doesn't have to be difficult anymore." - Dan Ockey
  • "Stick to your budget plan, don't make rash decisions based on fluctuating financial markets." - Dan Ockey
  • "If you weren't prepared and intentional to take advantage of opportunities before this crisis, you're not prepared to take advantage of them now." - Dan Ockey
  • "If you have a financial roadmap then you don't have to be afraid because you know where you are going and you know how you will get there." - Dan Ockey
  • "Avoid the get-rich-quick schemes that are going to start popping up." - Dan Ockey

RESOURCES

Transcript

Click on a timestamp to play from that location

0:00.0

Well, in this episode, I have Dan and Michaela Aki with me to talk about how to handle the financial crisis that we're all in.

0:13.8

Dan and Michaela or Kay are founders of SINC, online personal financial courses for couples.

0:19.5

They're passionate about helping couples make wise

0:21.4

decisions with their money, work together as a team as married couples, and work towards

0:25.9

financial freedom. They first became interested in finances after completing their first

0:30.4

financial goal together as college students. They paid off $20,000 in student loans in only

0:36.0

six months.

0:42.5

It was then that they saw the power of accomplishing their financial goals together as a team.

0:46.4

As they looked to other financial books and blogs and courses, they saw a lot of fluff, big promises, and overarching principles,

0:50.9

but not enough practical step-by-step help. That's why they created Sensei to help

0:56.8

couples have a specific plan of how to apply financial wisdom. Today, they're showing with us some

1:02.7

practical tips on how to navigate these weird financial times that many of us are in due to the

1:07.9

coronavirus. Dan and Kay share some encouraging and helpful

1:11.3

information in this episode. I'm excited for you to listen, and I pray you find this episode

1:16.2

helpful. Welcome to the Awesome Marriage Podcast, a place for honest conversations about marriage

1:22.4

and practical advice on how to have a God-honoring awesome marriage. I am your co-host, Christina Dodson. On the show,

1:28.9

will be your host, Dr. Kim Kimmerling. Dr. Kim is a marriage counselor and has been married for over 50

1:34.0

years. His passion is to help you strengthen your most intimate relationship.

1:51.6

So to kick things off, tell us how the two of you met and when you got married.

2:03.6

Yeah, so we met back in 2015, which probably seems like yesterday to us people, but for us, it was a while ago, in a train station in Germany. Wow.

2:04.6

Yeah. So we just love at first sight for one of us.

2:09.6

She's referring to me.

...

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