How We Handle Money in Our Household

HOW DO YOU HANDLY MONEY IN YOUR HOUSEHOLD?


One of the fun parts of being a financial planner is getting to
field and answer questions from clients and readers all around
the country. In these Work Your Wealth episodes I'll be taking
time to address and answer questions I've come across from
readers and clients throughout my career. Today I'm answering the
above question.


WHAT YOU’LL LEARN FROM THIS EPISODE:


How often to check on your net worth. What's reasonable, and
what we do in our house.

Where to invest your emergency fund

The categories we have bank accounts for and how we use them

Options available for retirement savings when you're employed
or when you're an entrepreneur

How a Solo 401(k) vs. a SEP IRA can help you as an
entrepreneur

How we track spending in our house and what works

How we manage credit cards

An appropriate level of communication to have with your
spouse around money.



LINKS MENTIONED ON THE SHOW:


Schedule a free 30-minute consultation with me

Synchrony

Ally

Mint

Work Your Wealth: 9 Steps to Making Smarter Choices With Your
Money

9 Steps to Workable Wealth