What to learn:
Kelley Long, CPA and Certified Financial Planner, helps you budget with the 50/30/20 Budget Rule and gives suggestions for how to make money a bonder in your marriage.
What to do:
- Watch the video.
- Read and answer the questions below the video together.
- Discuss the similarities and differences in your viewpoints.
Questions for Discussion
- Calculate your take home income divided by 50% (for needs), 30% (for wants), and 20% (for long term goals) and put the numbers into those categories as Kelley suggests. Any surprises here? Is this doable for you as a couple?
- Are you having regular monthly Money Dates to discuss your finances? If not, you can schedule one now!
- Do you see some items as needs that your husband or wife sees as wants? How will you resolve those disagreements?
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