My friend and financial expert Farnoosh Torabi joins me to answer a relationship & money question from a listener named Janice.⠀⠀
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Janice is engaged, and she calls to ask: Should she get married?⠀⠀
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She earns double what her fiancé makes. She has no debt except her mortgage. Her retirement accounts are well-funded.
He makes half of her salary. He’s carrying $20,000 in credit card and student loan debt. He has two children from a previous marriage and pays 25 percent of his income to child support. He has zero retirement savings other than his state-funded teachers pension.
They’ve been together for 8 years and engaged for three. But she’s unsure about whether or not she should walk down the aisle.
Should they get married? Is this a smart financial decision?⠀⠀
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Farnoosh and I both tackle this question together — and we disagree on some points, which makes this conversation better!!
Farnoosh is the bestselling author of When She Makes More, a book that takes an in-depth look at households in which the woman earns more than the man. She hosted a primetime show on CNBC, makes regular appearances on The Today Show and Good Morning America, and writes a monthly financial column for O, The Oprah Magazine. She’s a former reporter for Money Magazine.
She’s the perfect guest for a conversation about relationships, marriage, money, debt, family.⠀
Enjoy!
Resources Mentioned:
- When She Makes More, by Farnoosh Torabi
- Master Your Money Course, use code FARNOOSH20 for 20% off the $99 price
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