Dr. John Deloney
👤 SpeakerAppearances Over Time
Podcast Appearances
And so I think he's calling that out. The data tells me that couples that share a checking account build wealth, greater wealth over time, period. It also shows that couples that share a checking account... quote unquote, may be more exposed, but that's marriage. It's both of us with both feet in the same boat. And the reality is when you marry somebody, they can hurt you.
And so I think he's calling that out. The data tells me that couples that share a checking account build wealth, greater wealth over time, period. It also shows that couples that share a checking account... quote unquote, may be more exposed, but that's marriage. It's both of us with both feet in the same boat. And the reality is when you marry somebody, they can hurt you.
And so I think he's calling that out. The data tells me that couples that share a checking account build wealth, greater wealth over time, period. It also shows that couples that share a checking account... quote unquote, may be more exposed, but that's marriage. It's both of us with both feet in the same boat. And the reality is when you marry somebody, they can hurt you.
and they choose every day to love you. And that's the way this thing works. And so if there's great wealth inequality when someone's getting married, then I'm okay with a prenup. And I've even come around with some different ideas on a prenup, that's for a whole nother call.
and they choose every day to love you. And that's the way this thing works. And so if there's great wealth inequality when someone's getting married, then I'm okay with a prenup. And I've even come around with some different ideas on a prenup, that's for a whole nother call.
and they choose every day to love you. And that's the way this thing works. And so if there's great wealth inequality when someone's getting married, then I'm okay with a prenup. And I've even come around with some different ideas on a prenup, that's for a whole nother call.
But I'm telling you right now, you guys have got to begin to be on the same page and sharing money and filing jointly together. Otherwise, you're just great business partners who share a house.
But I'm telling you right now, you guys have got to begin to be on the same page and sharing money and filing jointly together. Otherwise, you're just great business partners who share a house.
But I'm telling you right now, you guys have got to begin to be on the same page and sharing money and filing jointly together. Otherwise, you're just great business partners who share a house.
What was the payout at the very, very end when they give you part of your own money back?
What was the payout at the very, very end when they give you part of your own money back?
What was the payout at the very, very end when they give you part of your own money back?
This is a good one for you, George. Today's question comes from Matthew in Rhode Island. All right. So cash is king, but in a digital world where paychecks are direct deposit and bills are paid online, how would you set up your accounts to utilize the envelope system? When our budget was cash-based 20 years ago, it was much less stressful.
This is a good one for you, George. Today's question comes from Matthew in Rhode Island. All right. So cash is king, but in a digital world where paychecks are direct deposit and bills are paid online, how would you set up your accounts to utilize the envelope system? When our budget was cash-based 20 years ago, it was much less stressful.
This is a good one for you, George. Today's question comes from Matthew in Rhode Island. All right. So cash is king, but in a digital world where paychecks are direct deposit and bills are paid online, how would you set up your accounts to utilize the envelope system? When our budget was cash-based 20 years ago, it was much less stressful.
Now banking is digital, and I struggle to set up my accounts. I have a savings account, a checking account. We deposit everything into a checking account where we transfer grocery and gas expenses to be paid from. Oh, here we go. Yeah, he's making it super complicated. Oh, my God.
Now banking is digital, and I struggle to set up my accounts. I have a savings account, a checking account. We deposit everything into a checking account where we transfer grocery and gas expenses to be paid from. Oh, here we go. Yeah, he's making it super complicated. Oh, my God.
Now banking is digital, and I struggle to set up my accounts. I have a savings account, a checking account. We deposit everything into a checking account where we transfer grocery and gas expenses to be paid from. Oh, here we go. Yeah, he's making it super complicated. Oh, my God.
And another account that everything left over from our first two checking accounts is transferred to and all remaining bills are paid out of it. I feel like I'm overcomplicating the process. Matthew, my brother.
And another account that everything left over from our first two checking accounts is transferred to and all remaining bills are paid out of it. I feel like I'm overcomplicating the process. Matthew, my brother.