Family Finances in 2024

Family Finances – Chris Boyd and Jeff Perry dig into the difficult topic of managing family finances. Chris starts off the segment with an introduction of the 50/15/5 rule (see link below) which suggests separating expenses into various categories to ensure you are not spending too much in any one area. After Chris and Jeff comment on each allocation category, the conversation shifts to how a married couple can get on the same financial page with positive conversations. Chris and Jeff reference the article from Kiplinger’s noted below.

https://www.fidelity.com/viewpoints/personal-finance/spending-and-saving

https://www.kiplinger.com/personal-finance/how-a-couple-can-get-on-the-same- financial-page

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