How to Succeed at Love and Marriage: Issa Partnership Vibe
The Neighborhood Finance Guy (TNFG) Weekly is a dose of my favorite nutritional content and nuggets that are worth indulging in. Sharing Financial Wholeness through Mindset, Money, Health, Food, Fitness, Books, Partnership and etc.
And to be honest, it’s kinda like free-styling off of one topic. This week: The topic is all about establishing better relationships with ourselves ie Loki style, and our significant other for an above-average life.
Also, check out other TNFG content:
- Top 10 Best Personal Finance Books
- Figuring Out your Net Worth from the Average
- How to Set a Up a Winning Multi-Generational Family Financial Plan
Table of Contents
Where Money Meets Partnership
Money can’t buy love because it’s overpriced.
Unknown
Is Love Overpriced? If So, Where Can I find it at a Discount?
Being Above Average Together
According to 2019 census data, the median household income in the U.S. is about $70,000 a year. Unfortunately, median expenses were listed as around $68,000. This leaves little wriggle room. What’s worst is that over 50% of households making $50,000 to $100,000 stated that they are underwater.
The American dream is truly drowning
The recent study by Lending Club called Reality Check: The Paycheck to Paycheck report added fuel to this ocean fire. 70% of millennials are living paycheck-to-paycheck. 33% of millennials struggle to pay for necessities such as housing and food. Leaving many to wonder how are some making a way out of no way.
The solution is as old as time. The dual-income household needs to be revisited by Millennials and GenZ. Gender norms changed in the last 20 years and for good reason, they needed to change. With that said, the way we view partnerships should change at well.
The best advice is to establish a partnership that fits you. Not everyone is cut out for Instagram goals and highlight reels. Sometimes love and relationships are boring. And boring can be good. This can mean a lifetime of mental, spiritual, and physical wealth.
About 34.1% of Americans earn an annual salary of over $100,000
While 9% of Americans are earning $100,000 or more a year. The best solution for a lot of people is to add the average of $50,000 to $60,000 and voila $110,000 household. Just like that, you became an above-average family, you may kiss your partner.
For some reason, dependency has been shunned in recent years but it might be the solution to the problem of the average US household being broke and indebted.
(See IG Glamour Pics below – Anticipate more wedding travels in the near future).
My Favorite Videos on Money and Partnership
Things You Should Never Say About Money In A Relationship | The Financial Diet
Chelsea talks about how to navigate the tricky financial side of relationships and covers the things you should never say about money to someone you love โ even if you have a broke boyfriend.
Learn more about tough money situations in this video: https://youtu.be/DcBlopwsCpU.
Money, Women & Relationships – Do You Split The Bill?
My Favorite Finance Articles On Lifestyle through Interdependence
- The Six Key Steps to Healthy Finances in Your Relationship (by Leo Babauta @Zenhabits)
- Why Do So Many People Break Up Over Money? (by Women who Money @womenwhomoney)
- Love and Money: A Manโs Guide to Not Going Broke While Dating (by @GQ_Accountant)
- Iโve counseled more than 500 couplesโand this is the No. 1 money mistake that ruins relationships (by Amanda Clayman, @MandaClay)
- How Millennial Newlyweds Get into $100,000 Worth of Debt (by Lawrence Delva-Gonzalez @theneighborhoodfinanceguy)