Nate and Danielle answer three listener questions ranging from student debt, to retirement, to personal budgets.

Nate and Danielle answer three listener questions ranging from student debt, to retirement, to personal budgets.

Ep. 70: Student Debt, Retirement, and Focus

Nate discusses the ways that he earns passive income, or money that he makes while not actively working. He goes over how he started, how much he has made, and how to share you expertise to earn money.

Nate discusses the ways that he earns passive income, or money that he makes while not actively working. He goes over how he started, how much he has made, and how to share you expertise to earn money.

Ep. 69: Nate's Passive Income

Nate and Danielle discuss their big purchase. They review how and why they did it along with how it impacts their budget. They also discuss the balance of being frugal and enjoying life.

Nate and Danielle discuss their big purchase. They review how and why they did it along with how it impacts their budget. They also discuss the balance of being frugal and enjoying life.

Ep. 68: Our Big Purchase

Nate and Danielle discuss what's been going on in their lives over the past three months and how working from home full time along with being a parent has impacted them. They explore the changes to their budget in lockdown and explain how they have approached this uneasy time.

Nate and Danielle discuss what's been going on in their lives over the past three months and how working from home full time along with being a parent has impacted them. They explore the changes to their budget in lockdown and explain how they have approached this uneasy time.

Ep. 67: Where have we been and what happened to our budget?

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Nate and Danielle discuss how recent global issues and the stock market have impacted their investment strategy. They also look at how the events of late shape their future goals.

Nate and Danielle discuss how recent global issues and the stock market have impacted their investment strategy. They also look at how the events of late shape their future goals.

Episode 66: Our Investments in These Trying Times

Nate and Danielle discuss Danielle's new job and how it impacts their budget along with some choices that they had to make. Two listener questions are also answered relating to borrowing from a 401K and how to budget for gas when your job pays you for driving.

Nate and Danielle discuss Danielle's new job and how it impacts their budget along with some choices that they had to make. Two listener questions are also answered relating to borrowing from a 401K and how to budget for gas when your job pays you for driving.

Ep 65: New Job, 401K, and Making Money From Gas

Nate talks about a recent questionnaire that he gave to his students and the themes that emerged relating to money.

Nate talks about a recent questionnaire that he gave to his students and the themes that emerged relating to money.

Ep. 64: My Kids and Money

Nate and Danielle answer a listener question about spending decisions and how to decide if you should finance something or save for it and buy it outright.

Nate and Danielle answer a listener question about spending decisions and how to decide if you should finance something or save for it and buy it outright.

Ep. 63: How We Decide to Finance or Save for Expenses

Nate and Danielle answer a listener question about the frequency of their budgeting discussions and how to find the time with a young family.

Nate and Danielle answer a listener question about the frequency of their budgeting discussions and how to find the time with a young family.

Ep. 62: How Often Do We Review Our Budget?

A personal finance podcast where Nate and Danielle discuss their budget, money making decisions, retirement, and other household money issues.

Sensible, doable advice with a great understanding of everyday challenges.

Great advice

Love hearing all this great advice! Thanks for helping me save for a house!

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Budget Couple Podcast

Danielle and Nate talk discuss tips for discussing money when you are dating someone all the way through the beginnings of marriage. They share their experiences while dating and their current attitudes on budgeting in a relationship.

Danielle and Nate talk discuss tips for discussing money when you are dating someone all the way through the beginnings of marriage. They share their experiences while dating and their current attitudes on budgeting in a relationship.

Ep 12. Budgeting in a Relationship

Nate and Danielle talk about how they recently went into $60,000 worth of debt and their plan  to pay it off quickly and easily.

Nate and Danielle talk about how they recently went into $60,000 worth of debt and their plan  to pay it off quickly and easily.

Ep. 03: $60K in debt!

Nate and Danielle discuss how to determine expenses and how to begin the process of budgeting. They look at needed, unneeded, and other expenses and give examples of how finding your expense patterns can be used to setup a long-term budget. Our Twitter: @AskBudgetCouple Our YouTube: View here

Nate and Danielle discuss how to determine expenses and how to begin the process of budgeting. They look at needed, unneeded, and other expenses and give examples of how finding your expense patterns can be used to setup a long-term budget. Our Twitter: <a href="http://twitter.com/AskBudgetCouple" rel="nofollow" target="_blank">@AskBudgetCouple</a> Our YouTube: <a href="https://www.youtube.com/channel/UC44X-htzCyJeqN7stYBZokg" rel="nofollow" target="_blank">View here</a>

Ep. 25 Budget Basics: Part 1 Expenses

Nate discusses ways that he controls his impulse spending and how it can work for you.

Nate discusses ways that he controls his impulse spending and how it can work for you.

Ep. 55: Controlling Impulse Spending

Nate answers a listener's question about emergency funds and how/why they are used. He also shares his thoughts on how he and Danielle are currently using credit cards.

Nate answers a listener's question about emergency funds and how/why they are used. He also shares his thoughts on how he and Danielle are currently using credit cards.

Ep. 59: Emergency Fund Setup and Nate's Credit Card

Nate and Danielle answer a listener question about debt and how they would approach paying it off. They also talk about smalls ways to save money to help pay off debt faster.

Nate and Danielle answer a listener question about debt and how they would approach paying it off. They also talk about smalls ways to save money to help pay off debt faster.

Ep. 45: Large Debt and Looking to Pay it Down

Nate and Danielle answer a listener question about how to decide if you should save your money or pay-off debt when you want to buy a house in the near future.

Nate and Danielle answer a listener question about how to decide if you should save your money or pay-off debt when you want to buy a house in the near future.

Ep. 36: Paying Off Debt vs. Saving

Nate talks about his struggles with budgeting and three tips that he has to trick his brain into being better at budgeting.

Nate talks about his struggles with budgeting and three tips that he has to trick his brain into being better at budgeting.

Ep. 41: Three Tips for a Budgeting Mindset

Nate and Danielle review their budget tips and tricks for planning a trip and saving money in the process.

Nate and Danielle review their budget tips and tricks for planning a trip and saving money in the process.

Ep. 44: Trip Budgeting Tips and Tricks

Nate and Danielle discuss a listener question about saving or paying down debt while looking to add to the size of a family. They also look at paying down credit cards and the best ways to do it.

Nate and Danielle discuss a listener question about saving or paying down debt while looking to add to the size of a family. They also look at paying down credit cards and the best ways to do it.

Ep. 60: Pay off Debt or Save for a Family?

Nate and Danielle answer a listener question about being able to save while having new expenses and planning on more expenses.

Nate and Danielle answer a listener question about being able to save while having new expenses and planning on more expenses.

Ep. 54: Where is my $2100 going?

Nate and Danielle discuss a surprisingly expensive month and how they budgeted for it.

Nate and Danielle discuss a surprisingly expensive month and how they budgeted for it.

Ep. 58: Our Spendtober

Nate and Danielle discuss their recent changes to daycare, how that impacts the budget, and a missing $2,000 that caused many minutes of panic.

Nate and Danielle discuss their recent changes to daycare, how that impacts the budget, and a missing $2,000 that caused many minutes of panic.

Ep. 61: Life Changes and a missing $2,000!

50/30/20  50% of income on essentials 30% of income on wants 20% of income on savings  How this works for us:  39% of income on essentials 13% of income on wants 47% of income on savings  Housing 30% of gross (before taxes) income - came from Brooke Amendment, capped rent for public housing at 25%, Reagan bumped it to 30% Many articles, sites now say it is outdated - doesn’t take into account student loans and retirement expectations of younger generations Not very flexible considering the cost of living in some places, other debt you may have, the fact that you probably don’t need to increase your house cost to maintain 30% as your income increases (we’re paying nowhere near 30%) Dave Ramsey - 25% of take-home pay, 15-year fixed rate One option is to consider what emergency fund you’re able to maintain - could it sustain you with your housing budget for 3-6 months? Car 20/4/10 rule - 20% down, 4 =year loan, 10% of gross income (include insurance) 20% of gross income on all car related expense (6% for us) Price of the car no more than 50% of gross income ($80K, when new $41k, now $20k for us) Retirement 4% rule - Find out how much you spend a year and multiply it by 25. Example $40k a year is 1 million. This is the amount that you need to have saved. If you spend 4% or under per year of that money, you will never run out of money in that time frame. Stock market grows 7% a year and inflation is 3% a year, giving you 4% to live on. Trinity study finds that 100% of people doing this have enough money for 25 years. 96% have enough for 30 years.

50/30/20 <ul> <li>50% of income on essentials</li> <li>30% of income on wants</li> <li>20% of income on savings</li> </ul> How this works for us: <ul> <li>39% of income on essentials</li> <li>13% of income on wants</li> <li>47% of income on savings</li> </ul> Housing 30% of gross (before taxes) income - came from Brooke Amendment, capped rent for public housing at 25%, Reagan bumped it to 30% Many articles, sites now say it is outdated - doesn’t take into account student loans and retirement expectations of younger generations Not very flexible considering the cost of living in some places, other debt you may have, the fact that you probably don’t need to increase your house cost to maintain 30% as your income increases (we’re paying nowhere near 30%) Dave Ramsey - 25% of take-home pay, 15-year fixed rate One option is to consider what emergency fund you’re able to maintain - could it sustain you with your housing budget for 3-6 months? Car 20/4/10 rule - 20% down, 4 =year loan, 10% of gross income (include insurance) 20% of gross income on all car related expense (6% for us) Price of the car no more than 50% of gross income ($80K, when new $41k, now $20k for us) Retirement 4% rule - Find out how much you spend a year and multiply it by 25. Example $40k a year is 1 million. This is the amount that you need to have saved. If you spend 4% or under per year of that money, you will never run out of money in that time frame. Stock market grows 7% a year and inflation is 3% a year, giving you 4% to live on. <a href="https://en.wikipedia.org/wiki/Trinity_study" rel="nofollow" target="_blank">Trinity study</a> finds that 100% of people doing this have enough money for 25 years. 96% have enough for 30 years.

Ep. 24: Budget by Numbers

Nate and Danielle answer a listener question about getting their spouse to agree and stick to a budget.

Nate and Danielle answer a listener question about getting their spouse to agree and stick to a budget.

Ep. 51: Getting Your Spouse on Board

What happens when we have extra money in our budget? In this episode, we talk about where we put extra money and how we plan for unplanned expenses.

What happens when we have extra money in our budget? In this episode, we talk about where we put extra money and how we plan for unplanned expenses.

Ep. 04: Unplanned, uncontrollable, must pay for now expenses

Nate and Danielle look at how they can better plan and budget for yearly expenses so that their monthly budget comes out as expected every time.

Nate and Danielle look at how they can better plan and budget for yearly expenses so that their monthly budget comes out as expected every time.

Ep. 35: Revisiting Our Budget

In this episode, we answer listener questions about our budget. We look at our bank accounts, budgeting categories, how we pay for expenses, and planning for non-monthly bills.

In this episode, we answer listener questions about our budget. We look at our bank accounts, budgeting categories, how we pay for expenses, and planning for non-monthly bills.

Ep. 21: Your Budget Questions Answered

Nate and Danielle discuss their reasons for refinancing their house and what it means for the long term. They also talk about their reasons for doing so and what to look out for if you decide to do so as well.

Nate and Danielle discuss their reasons for refinancing their house and what it means for the long term. They also talk about their reasons for doing so and what to look out for if you decide to do so as well.

Ep. 53: Refinancing the House (again)

Listener questions are answered in relation to inconsistent income and how to best budget for it and what to do with a large inheritance. The Budget Couple offers their advice on how they would go about solving these problems. 

Listener questions are answered in relation to inconsistent income and how to best budget for it and what to do with a large inheritance. The Budget Couple offers their advice on how they would go about solving these problems.

Ep. 22: How to Budget for Inconsistent Income

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