The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, Inspiration - podcast cover

The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, Inspiration

Austin Black & Bob Wesslerfreedommoneycoach.com
Personal finance coaches Austin Black and Bob Wessler discuss how money impacts every area of your life and help you learn how to take complete control of your money. Whether you're looking for the best strategies to manage your money as a couple or you’re tired of struggling to gain traction and want to overcome the fear and frustration associated with finances, we're here to help and this show is for YOU. Visit freedommoneycoach.com to access free resources or get started with 1:1 coaching.

Episodes

Top 5 Episodes of Season 2 - #69 Understanding Your Spouses View of Financial Freedom w/Julie Barbaro

Don't Miss the "Money Secrets for Marriage" summit on Tuesday, March 18th. Register for FREE at freedommoneycoach.com/summit As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2. Our #1 episode... Julia Barbaro was more than afraid to move her family of 6 kids from New York to Florida, but she told her husband yes. As they began the next chapter of their lives, growing closer as a couple required more honesty, support and understanding of e...

Mar 07, 202549 min

Top 5 Episodes of Season 2 - #68 When Men and Women Collide on Money (Part 2)

Don't Miss the "Money Secrets for Marriage" summit on Tuesday, March 18th. Register for FREE at freedommoneycoach.com/summit As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2. Our #2 episode goes all the way back to February 2023... It’s true-men and women think differently, talk differently and understand money differently. Which can make for some interesting, and sometimes challenging, financial discussions. So how DO you get your husb...

Feb 24, 202525 min

Top 5 Episodes of Season 2 - #85 What Does it Mean to Be Fiscally Fit? w/Kelsa Dickey

As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2. Next on the list is episode 85 from April of 2024... Kelsa Dickey, owner of Fiscal Fitness Phoenix and the Financial Coach Academy is a 15 year veteran in the personal finance coaching world. She has plenty of stories, experiences and lessons she’s told, seen and learned with her clients. Her approach integrates insights from the financial and fitness realms, drawing parallels between ma...

Feb 07, 20251 hr

Top 5 Episodes of Season 2 - #84 The Secret to Gaining Complete Control of Your Money is...

As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2. Next on the list is episode 84 from April of 2024... In this episode, Bob and Austin discuss the importance of financial management and outline three pillars essential for financial success. They emphasize the significance of having a vision or setting goals as the first pillar, followed by creating a plan or budget as the second pillar. They delve into the tactical aspects of budgeting ...

Jan 24, 202543 min

Top 5 Episodes of Season 2 - #67 The Trick to Getting Your Husband to Talk About Money

As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2. Starting with episode 67 from February of 2023... Most men don’t like to talk about money or emotions. But the reality is money is emotional and we all have to deal with it. Unfortunately, this dynamic makes some conversations between men and women very challenging. So we’re taking a deep dive at how men and women can have effective conversations around money. And we’re bringing our expe...

Jan 10, 202546 min

Ep 103-Money Chat w/Austin: Sharing Flashbacks and Future Plans

In this episode, Bob claims the host and interviewer seat as Austin answers questions about past life experiences, mindset and what he's learned in the last 12 years about money management. If you want to get inside his head and hear how he has handled challenges, successes and big decisions, this is the podcast you can't afford to miss! Ready to take the next step in gaining complete control of your money? 1. ⁠⁠ Discover the 5 budget categories you need to be in control of your money⁠⁠⁠ Or 2. S...

Dec 27, 202435 minSeason 2Ep. 103

Ep 102-Money Chat w/Bob: Unfiltered Opinions about Money & Marriage

In this episode, Austin interviews Bob to learn his opinions around mindset and money mistakes. Bob shares what he wishes he'd learned 20 years ago about money and marriage and why he thinks most couples today don't achieve the level of financial success they are truly capable of. It's a thought-provoking, unfiltered conversation that you don't want to miss! Ready to take the next step in gaining complete control of your money? 1. ⁠ Discover the 5 budget categories you need to be in control of y...

Dec 13, 202428 minSeason 2Ep. 102

Ep 101- Is Trump Going to Bring Economic Freedom or Failure?

Election day has come in the US and the people have spoken that Donald Trump is their presidential candidate of choice. But what does that mean for families across the country when it comes to their finances? This week, Bob and Austin discuss how presidential elections may or may not impact your financial management and how to prepare for the next four years. Ready to take the next step in gaining complete control of your money? 1. ⁠ Discover the 5 budget categories you need to be in control of ...

Nov 29, 202442 minSeason 2Ep. 101

Ep 100-What Your Spouse REALLY Meant to Say Was...

Let's face it - men and women communicate completely different. And sometimes, the way we interpret what our spouse said isn't at all what they meant. This week, the couples pair up again to reveal what each spouse thinks when the other talks. In a comical, but somewhat serious demeanor, Austin, Bob, Laura and Kate each provide their own interpretations for common phrases shared regarding money. The polarity AND commonality with make you want to test the responses with YOUR spouse and learn more...

Nov 15, 202442 minSeason 2Ep. 100

Ep 99-3 Keys to Finding Calm Amidst the Chaos w/EJ & Tarah Kerwin

Every couple experiences so level of chaos on a daily basis. Whether it's related to money, kids, work or your marriage, each day provides obstacles that threaten to steal your joy and sanity. This week, EJ & Tarah Kerwin, hosts of the ⁠Relationship Renovation podcast⁠ and licensed marriage counselor and therapist, share their personal stories of navigating difficult situations to find a peace and calm in each other. We discuss their challenges early on in marriage with babies, finances and ...

Nov 01, 202446 minSeason 2Ep. 99

Ep 98-Marriage Blunders or Budgeting Bliss?

Budgeting with your spouse is no simple task. But budgeting without your spouse is an impossible feat. This week, Austin and Bob bring their wives back to the show to share their success stories and lessons learned about budgeting as a couple. True to form, there are numerous differences in opinions, approaches and strategies used by each couple, but a few key lessons remain the same among all parties. As Austin & Laura reflect on their journey to clearly communicate with each other, Bob &am...

Oct 18, 20241 hr 11 minSeason 2Ep. 98

Ep 97-Because Your Kids are Always Watching w/Dawnette Palmore

This week, financial coach Dawnette Palmore joins Austin to discuss her journey of overcoming personal and business financial challenges. Dawnette highlights the impact of financial stress on relationships and the need for open communication with your spouse AND with your children. She offers insight into how couples can work together to achieve financial peace and model healthy money habits for their children. As she and Austin discuss different strategies for communication, Dawnette reminds th...

Oct 04, 202437 minSeason 2Ep. 97

Ep 96-Husbands vs Wives...Who Should Call the Shots?

This episode dives into the dynamics of financial management within a marriage, discussing who should take the lead in budgeting. Austin and Bob highlight that there is no one-size-fits-all approach; instead, it depends on the unique strengths, preferences, and circumstances of each couple. While traditionally, wives may take the lead due to their attention to detail, there's a growing trend of husbands stepping up to manage finances, emphasizing that both roles are valid depending on the co...

Sep 20, 202442 minSeason 2Ep. 96

Ep 95-3 Financial Questions Every Married (Or Engaged) Couple Needs to Ask

Whether you're engaged, recently married or celebrating a decade as husband and wife, talking about money with your spouse is something you're probably scared to do. But it's the key to developing healthy money management habits as a couple and winning with money in your marriage. Unfortunately, many couples wait to talk about money until there's a big decision to make or they face conflict. And that only makes the decision and conversation hard(er). In this week's solo episo...

Sep 06, 202421 minSeason 2Ep. 97

Ep 94-Understanding What Your Spouse Thinks About Money

This week, Austin and Bob discuss the concept of "Nerds" and "Free Spirits" when managing money in a marriage. They share their own tendencies with money and why couples often face challenges when merging their different financial habits into one combined method. Austin and Bob highlight the importance of understanding the Nerd and Free Spirit tendencies in a relationship so each spouse learns how to communicate with and respect their partner when discussing money and finance...

Aug 23, 202455 minSeason 2Ep. 94

Ep 93-3 Ways to Guarantee Your Financial Success w/James & Amberlee Rich

Austin Black welcomes James and Amberlee Rich, founders of Rich Living Coaching, to discuss their work in helping couples reduce financial stress and build confidence. They emphasize automating good financial behaviors, celebrating small wins, and the transformative power of clarity in managing personal finances, illustrating how these strategies empower clients to change their financial identities and habits for the better. Their conversation centers around the importance of coaching, particula...

Aug 02, 202457 minSeason 2Ep. 93

Ep 92-Why Investing May Not Be a Good Savings Strategy

In the final episode of the savings series, the conversation focuses on distinguishing between savings and investing. Savings involves putting money in a bank or money market account, offering low risk and moderate returns, mainly for short-term goals and emergencies. Investing, on the other hand, involves higher risk for potentially higher returns over the long term, such as through stocks or mutual funds. Austin and Bob highlight the importance of understanding the right time and place for eac...

Jul 26, 202444 minSeason 2Ep. 92

Ep 91-The Dangers of Not Talking About Money With Your Spouse w/Brian Madeleine

Brian Madeleine of Madeleine Financial Coaching joins the show this week to talk about a shift in his client base towards couples needing help with debt and financial organization. He and Austin emphasize the impact of recent economic challenges, such as inflation, on people's financial habits and stress levels, highlighting the necessity for regular financial check-ins and effective communication within relationships. Austin and Brian discuss the difficulty couples face in managing finances...

Jul 12, 202440 minSeason 2Ep. 91

Ep 90 - Is Building Your Savings More Important Than Paying Off Debt?

In part 3 of the Savings Strategies series, Austin and Bob discuss if couples should put their extra money toward building their savings or paying down debt. Spoiler alert - the answer is "it depends". Austin and Bob help couples analyze the many variables that impact this decision and discuss the difference in interest rates vs financial momentum, along with the type of debt you're carrying. Ready to take the next step in gaining control over your money? 1. Watch my free training ...

Jun 28, 202435 minSeason 2Ep. 90

Ep 89-Why Financial Coaching is NOT Financial Advising w/Jessica Pratt

Austin is joined by Jessica Pratt, a financial coach and founder of WyoU Financial Strategies. Jessica discusses her passion for helping people make confident spending decisions to save money for various goals like investing, managing risk, or simply having more fun. Austin and Jessica discuss the distinctions between financial coaching and investment advising, agreeing that while financial advisors often concentrate on investable assets, financial coaches help clients build a strong foundation ...

Jun 14, 202440 minSeason 2Ep. 89

Ep 88-If Saving Money is Hard for You, Here's Why

In part 2 of the Savings Strategies series, Austin and Bob explore the importance of savings in financial management and provide tips on how to get started. The discussion covers challenges people face when trying to save, such as societal pressures to spend and a scarcity mindset. Their discussion revolves around the importance of balancing financial decisions with mental and emotional well-being, as they touch on the mindset challenges people face when saving money. They continue by highlighti...

May 31, 202456 minSeason 2Ep. 88

Ep 87 - Aligning Your Financial Focus with Your Spouse w/Angie Carlson

Austin welcomes Angie Carlson, a financial coach with over 20 years of experience in finance, including a decade as a financial aid director. Angie owns Carlson Financial Coaching and specializes in helping clients manage their finances through better money communication, particularly among couples. Angie shares her personal experience of overcoming financial struggles with her husband, emphasizing that their success came from improving their communication rather than simply following a budget. ...

May 17, 202442 minSeason 2Ep. 87

Ep 86-Saving Money Might Be a Bad Choice

This week, Austin and Bob begin an extensive series on savings strategies…but not from the standpoint you might expect. In fact, this first episode will explore different attitudes towards saving, from extreme penny-pinching to a more balanced approach, and why you might be causing more harm than good to your financial management if you save for the sake of saving. Instead, they talk about the importance of having a purpose and strategy behind saving and discuss the impact of early life experien...

May 03, 202440 minSeason 2Ep. 86

Ep 85-What Does it Mean to Be Fiscally Fit? w/Kelsa Dickey

This month, we’re starting a series of conversations with other financial coaches, discussing the commonalities of what we see our clients face, how we help them overcome those challenges and what tactics couples can use to start taking complete control of their money. My first guest coach is Kelsa Dickey, with Fiscal Fitness Phoenix and the Financial Coach Academy. A 15 year veteran in the personal finance coaching world, Kelsa has plenty of stories, experiences and lessons she’s told, seen and...

Apr 19, 202459 minSeason 2Ep. 85

Ep 84-The Secret to Gaining Complete Control of Your Money is...

In this episode, Bob and Austin discuss the importance of financial management and outline three pillars essential for financial success. They emphasize the significance of having a vision or setting goals as the first pillar, followed by creating a plan or budget as the second pillar. They delve into the tactical aspects of budgeting and emphasize the need for understanding the emotional intelligence around money. Finally, they highlight the third pillar, which focuses on managing behavior, tak...

Apr 05, 202442 minSeason 2Ep. 84

Ep 83-From Money Trauma to Financial Freedom (David & Paige Lea Testimony)

David was raised to believe that money was bad and Paige grew to have a scarcity mindset around finances. When the two got engaged, it quickly became clear that money was a pain point for them both. Fortunately, they connected with Austin and joined his coaching program, which has completely transformed their financial understanding and success. This week, David and Paige share their story of finding Austin and going through his coaching program, revealing the monumental changes they experienced...

Mar 22, 202447 minSeason 2Ep. 83

Ep 82 - Why Bob is Nervous About Budgeting this Year

Coming off our conversation around managing finances and bank accounts as a couple, Bob shares his experience transitioning from managing expenses and a budget separately from his wife, to combining their expenses into a shared budget, while still maintaining separate checking accounts. This change was motivated by past struggles with financial management in previous marriages. Bob and his wife now use a joint budgeting app to track expenses, and continue to work on aligning this method with the...

Mar 08, 202429 minSeason 2Ep. 82

Ep 81-Will Separating Your Money Unify Your Marriage?

There can be strong opinions around the best ways to manage finances as a couple. One of those opinions includes whether to keep finances combined into one account or separate into different accounts. This episode touches on personal experiences and perspectives Bob and Austin have with each approach, with one advocating for combined finances for the sake of unity and trust, while the other shares cautionary experiences and concerns about trust and accountability. They highlight the complexity o...

Feb 23, 202437 minSeason 2Ep. 81

Ep 80-Looking at Your Bank Account Balance is Costing You Money

This week, our conversation revolves around discussing bad financial habits that are costing you money. Some of these habits you might not even realize you do. We emphasize the importance of budgeting, tracking expenses, and maintaining financial discipline to avoid overspending and financial stress. We also touch upon the limitations of certain financial apps and underscore the necessity of developing good financial habits for better money management. Be sure to check out these FREE resources t...

Feb 09, 202445 minSeason 2Ep. 80

Ep 79-How 2023 Changed Our Outlook on Life

It's the end of another year and we're taking time to reflect on the biggest lessons learned in 2023. How did we succeed, where did we fall short and what is our goal for the coming year? Join us as we share how 2023 truly changed our outlook on life!

Dec 29, 202324 minSeason 2Ep. 79