Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Sim

๐Ÿ‘ค Speaker
781 total appearances

Appearances Over Time

Podcast Appearances

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

What does that look like?

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

And how do you feel about risk?

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

I think about my parents' relationship where I guess my mom was the original investy bestie because she would say things to my dad like, we should buy a rental property.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

So and so have a rental property.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

We should invest.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

So and so invest.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

And my dad was just too scared because from his perspective, he grew up with not a lot whatsoever.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

He's genuinely grew up from what's considered the poverty line.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

if you like look in today's terms within India and did really well for himself by moving out, coming to New Zealand and having like a middle-class lifestyle.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

And my parents only had their one home.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

They never bought a rental property.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

They never invested outside of their retirement funds.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

Specifically for my dad, it was just too scary.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

So he was like the handbrake in the relationship.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

He wouldn't commit to doing something like that.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

And I feel like watching that made me the complete opposite where I'm like, let's take a risk.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

Let's buy things.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

Like I sometimes don't compute that this is like a large transaction.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

I'm buying a home or I'm buying a rental property or I'm, you know, putting money into shares.

Friends That Invest
How to Handle Finances as a Couple (The Right Way)

For me, I'm like, if I don't take that risk, it's going to negatively impact me down the line in the way that I've seen it negatively impact my parents because they weren't able to build well outside of their primary home and their nine to five jobs.