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Episode 23: Behavioral Finance Gets Personal - Part 4: Navigating Finances in (Second) Marriage
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Navigating Finances in Marriage: Part 4 - Personal Finance Series
In this episode of the Bryan Foltice Behavioral Finance Podcast, Bryan shares his personal experience of navigating finances in marriage, highlighting the transition from single life through dating to getting married for a second time. Beginning with reflections on his dating life post-divorce and meeting his current wife, Mandi, the podcast delves into the practicalities and philosophies of combining finances within a marriage.
Bryan and Mandi's approach to managing finances, from dealing with debts and savings to making joint financial decisions, is discussed in detail. Emphasizing a balanced approach rather than an all-or-nothing strategy, Bryan highlights the importance of communication, setting financial rules, and aligning finances with personal and joint life goals.
The episode also touches on the personal growth both Bryan and Mandi experience as they navigate these financial decisions together, promising to bring Mandi's perspective in a future episode.
00:00 Introduction and Overview
00:16 The Journey to Financial Independence
01:32 The Transition to Audio-Only Format
02:03 The Story of Love and Finance
07:09 The Challenges of Combining Finances
09:36 The Decision to Combine Finances
11:37 The Importance of Financial Transparency
12:25 The Role of Budgeting in Financial Planning
12:58 The Impact of Personal Spending Habits
13:47 The Importance of Regular Financial Discussions
19:33 The Role of Purpose in Financial Planning
23:56 The Value of Quality in Purchasing Decisions
26:32 Conclusion and Contact Information
Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv
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