Dumping Debt Fridays | Financial Q&A | When do you combine finances with your significant other?

840 views · Published 27 January 2017 · 13:33 · Indexed 20 October 2026

Channel: Kelly Anne Smith · 2017 · People & Blogs

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Here is the link to my Budget in Excel tutorial: https://www.youtube.com/playlist?list=PLpgLsNKlKGi4zPw8DYNr5BzEgP5TSavxf

Questions asked: 
yolandaprince   
Can you share this template with the calculations so that those interested can use it?
Here is the link to my Budget in Excel tutorial: https://www.youtube.com/playlist?list=PLpgLsNKlKGi4zPw8DYNr5BzEgP5TSavxf
CEOBYDESIGN   
Just wondering why you are budgeting together. In FPU I recall Dave saying not to combine finances unless you are married. My fiancé and I have been together 5 years and live together but we have separate finances and budgets. We went to FPU together and have long term financial plans but keep everything separate for now.
Destinee P 
I am so excited to start doing the cash envelop system. Finding you on YouTube is what first pushed me to do it! Right now I get paid bi weekly from both of my jobs and with how they line up it's almost like I'm paid every week. I got accepted to the Disney college program and I will be going there at the end of the month and then I will be getting paid weekly. I feel because of how I get paid right now it's easier to do a biweekly budget compared to a monthly budget since I don't get paid on the same exact dates every month. Do you have any tips about how I could possibly switch from a biweekly budget to a monthly budget?
Nancy Miodrag   
Hi! Love this system. Do you allocate money for birthday gifts, weddings, cards, etc. I can't NOT buy gifts for my family when it comes to their birthdays. I also buy books for my friends' kids for Christmas. Do you have an envelope for copay for doctors? I have small kids and there are lots of things that we can't avoid (cold meds, prescription meds, copay for doc visits). Please advise, thanks!
DF Soldier (J Santiago) 
One thing I am reluctant to stop is my IRA contributions. I only save $200 split between my IRA and my wife. I also currently save $50 for each of my kids. We have a good income right now and I don't think it will speed up the snowball. What do you think?


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