Highlights of today's show:
- Young adults are putting off marriage and having children because of debt
- Should you wait to do those life events until you are debt free?
- Debt can limit your options, but never let it stop you from getting married or having children
- How much money should you spend on Christmas
- Year end accomplishments and goals podcast is coming up
Would you ever postpone getting married or having children because of your debt? Apparently there are a number of young adults who are doing so. I shared my thoughts on the blog last week on this topic, but today I go more in-depth and share why I think you should not delay marriage or having children to pay off your debt.
In addition I also attempt to answer a question from a listener on if there is a certain percentage of income that I recommend to spend on Christmas. According to the experts Americans are expected to spend approximately $850 this Christmas. Is that high or low for you? We break down the answer and share why the amount of cash you spend on Christmas should depend on your financial situation and not what you have spent in the past or what your family expects.
Finally, I need your help for the final podcast of 2012. I’m trying to collect testimonials from you, the listener, on what you have done to improve your finances in 2012 as well as finding out what your goals are for 2013. Please take 2 minutes and fill out the contact form with your answers. I plan on reading all of them on the final edition of the podcast this year. My goal is to read 100 of these, so thank you in advance for your participation.
You can subscribe to future Podcasts through Feedburner, Stitcher SmartRadio, or iTunes. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page. In addition, if you have enjoyed the show for awhile now, please leave a review of the podcast on iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.
If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. There are two ways to get in touch with me:
1.) Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.
2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.
You can find prior editions of the podcast at the podcast archive page.