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Ep 153: Q&A | Should I support my husband? We respond to a listeners email.

Ep 153: Q&A | Should I support my husband? We respond to a listeners email.

Fromrich & REGULAR with Kiersten and Julien Saunders


Ep 153: Q&A | Should I support my husband? We respond to a listeners email.

Fromrich & REGULAR with Kiersten and Julien Saunders

ratings:
Length:
46 minutes
Released:
Mar 11, 2024
Format:
Podcast episode

Description

In this episode,  we respond to an email from a woman who wanted to know when to give up on a trucking business she started with her husband. The conversation covers topics such as faith, confidence, financial planning and finding the right partners, and we provide advice on calculating the cushion needed to support the business, as well as the importance of psychological resilience in entrepreneurship. This episode explores the differences in the role credit cards play in personal and business finances, highlighting the potential risks and challenges of relying on credit cards for business funding. It emphasizes the importance of financial planning, business support systems and having a larger cushion in retirement savings. The conversation also explores finding alternative sources of income, such as side gigs that align with skills and goals. Building relationships, networking, and normalizing backup plans are discussed as essential strategies for entrepreneurial success. The episode concludes with a focus on navigating financial stress and how gender norms affect the relationship dynamic.Links: Ep 135: Hitting the Highway to Success: Could Trucking be your Profitable VentureCashing Out  Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow
Released:
Mar 11, 2024
Format:
Podcast episode

Titles in the series (100)

Not rich and famous. Rich & REGULAR. Sure, it would be great to be famous. But there’s a lot you can do on your income if you’re smart about it. Kiersten and Julien Saunders give out the tips and tricks but also dive deeper into the concepts behind wise money management.