Skip to site content
The Show

How To Bulletproof Your Marriage Financially

One of the biggest decisions you will make in your life is marriage! As you know, here at the Money Guy show, marriage and finance has always been a very important topic. Money creates a unique dynamic within any marriage, and how you manage it can strengthen or undermine this significant relationship.

The inspiration for today’s episode actually comes from a personal situation. I was on a trip with some of my old Georgia neighbors when my wife called me in a panic. She shared that she had a vivid dream that I had passed away. She realized that even though she is listed on all of our accounts, she did not know how to access them and began to wonder what would happen if I was no longer here.

Are you and your better half set up for financial success as a couple? Find out how you can make your personal finances an opportunity to grow together rather than allow it to drive a wedge and become a source of stress and marital discord.

Tune in to this week’s episode as we discuss, “How To Bulletproof Your Marriage Financially.”

Here’s What You’ll Find Out in this Episode:

  • The sobering statistics of marriages that end in divorce
  • Our advice for overcoming the “seven-year itch” in a marriage
  • Why it is important to have joint bank accounts and the few exceptions to that rule
  • The concept of “big team, little me”
  • What premarital assets are and how you should handle them once married
  • How inherited or family assets play into your marital assets
  • The importance of transparency and full-disclosure in marriage
  • How to make budgeting a collaborative affair
  • We discuss Bo’s first-year of marriage budget numbers; his expectation vs reality
  • Why you should have a pre-set amount to spend without approval from your spouse
  • The importance of having open lines of communication in your marriage
  • Why you should have a miscellaneous line within your budget  
  • The significance of creating a net worth statement for your family
  • The topics you should discuss before and/or during the early stages of marriage
  • Why you should own life insurance to protect your family
  • The purpose of having disability insurance
  • The importance of having a good estate document to speak for you
  • How you can share passwords safely and securely with your spouse
  • What is your household backup CFO plan

Resources Mentioned in this Episode & Related Episodes

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts for new episodes every Friday, live streams every Tuesday at 10am CT, and new highlight clips throughout the week.

Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and…

View Resource

Wealth Multiplier By Age

How much to save every month to become a millionaire.

View Resource

Car Buying Checklist

Here’s how to buy a dependable car that won’t break the bank.

View Resource


My Experience Using You Need a Budget (YNAB)

, ,

Read More

Is Disability Insurance a Necessity? (And How Much Do You Need?)

, ,

Read More

Is It a Good Idea to Use Permanent Life Insurance for Long-Term Care Expenses?

, ,

Read More

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Millionaire Mission (Brian’s Book)

Buy Now

Know Your Number Course

Buy Now

The Money Guy Net Worth Tool

Buy Now

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

FULL WhyAmericansAreBroke A

Why Americans Are Actually Broke! (2024 Edition)

Watch Now
maxresdefault 3

Is the Economy DOOMED? (And What to Do About It)

Watch Now
FULL AreYouOnTheMilllionaireTrack A

Are You On Track to Becoming a Multi-Millionaire? (Don’t Miss These Important Milestones!)

Watch Now