His & Her Money Podcast: Leslie Tayne Talks Life & Debt
For most of us, debt is a part of life. As a result, we need to learn how to juggle living our lives while effectively managing our debt.
Leslie H. Tayne, Esq. appeared on the latest episode of His & Her Money with Talaat and Tai McNeely, discussing how to balance life and debt.
Balancing Life and Debt
Between student loan debt, credit cards, mortgages and car loans, most Americans carry debt in some form or another. While having debt can be overwhelming and stressful, it’s part of every day for so many of us. Leslie discusses how to balance managing your debt – making effective on-time payments – while still maintaining a healthy life otherwise, including your work and your relationships.
How to Manage Money as a Couple
In her chat on His & Her Money, Leslie discusses how to successfully merge your finances as a couple, which she admits can be a complicated process. The key, she says, is to be open and communicative about your habits and goals. She mentions that you and your partner may not deal with money in the same ways. This does not mean the relationship is destined to fail. But instead, the two of you must work to understand each other and compromise. Opposites tend to attract, and this is often the case with financial habits as well. Work to use these differing traits to balance each other out rather than as a source of conflict.
Money can be a difficult topic to broach, particularly early in a relationship. But Leslie mentions that making observations about your partner, even from the early stages of dating, can tell you a lot about their financial habits. Money is an integral part of everyday life. The way your partner handles it and talks about it outside of a formal “money talk” can tell you a lot about your financial compatibility.
Is It Okay to Keep Your Finances Separate?
In some cases, you may not be on the same page as your partner financially. This is not uncommon and may raise the question of whether it’s best to keep your finances separate. Every couple is different – what’s right for one couple may not be what’s best for another. Leslie discusses how to decide when you may want to keep your finances separate and how to avoid major financial disagreements. Money and emotions are often closely tied, and Leslie has both personal and professional experience in balancing both.
About His & Her Money
His & Her Money is a brand created by Talaat and Tai McNeely, a couple who overcame financial differences to become debt-free and now have a wildly successful podcast, blog and YouTube channel. The His and Her Money podcast is an iTunes Top 100 Podcast and has won seven PLUTUS Awards, while their YouTube channel has over 77,000 subscribers. Talaat and Tai have been featured on USA Today, MSN and Yahoo! Finance.
