Federal Reserve Cut Interest Rates: Why Should I Care?

Federal Reserve Cut Interest Rates: Why Should I Care?

Author: Andy Hill September 23, 2024 Duration: 46:30
The Federal Reserve cut interest rates for the first time in 4 years. What does this big decision mean for families? Meghan Rabuse, the Family Finance Mom, joins the show again to help us answer this big question.  Also, Steven and Lauren Keys from Florida share how they built a millionaire net worth in their early 30s! RESOURCES **Sponsors + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Meghan Rabuse (Website): https://www.familyfinancemom.com  Steven & Lauren Keys (Website): https://www.tripofalifestyle.com/ GUEST BIO - Meghan Rabuse Meghan spent nearly a decade as a Financial Analyst, before spending the last 8+ as a SAHM to three little ones. She shares simple money tips for moms to help their family reach their financial goals by building a financial plan they can LIVE with! GUEST BIO - Steven & Lauren Keys Lauren and Steven Keys became millionaires on five-figure salaries. By intentionally keeping their household expenses low after college graduation, they grew a buffer of cash and investments that freed them from work and enabled them to do some really fun stuff, like taking six months off to explore Hawaii and another seven months to travel to every National Park in the US. They retired from their full-time jobs at age 29, and now they’re hoping to help other people (like you!) do something similar. OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES Make My Kid a Millionaire Course: Want to make your kid a millionaire? Learn more about my course! MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here  HOW WE MAKE MONEY + DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS Research & Writing: Andy Hill Podcast Artwork: Liz Theresa Editor: Podcast Doctors Podcast Management: Nev Maraj Learn more about your ad choices. Visit megaphone.fm/adchoices

Andy Hill brings a refreshingly honest and practical voice to the often stressful conversation about money within a family. In Marriage Kids and Money: Personal Finance for Families, Andy, an award-winning Family Finance Coach, moves beyond generic budgeting advice to tackle the real financial questions that parents and couples face every day. This isn't just about spreadsheets and interest rates; it's about aligning your finances with the life you actually want to live. You'll hear specific strategies for paying off debt, saving for college, investing for the future, and having those crucial money talks with your partner. The goal is to transform financial anxiety into purposeful action, creating not just stability but genuine freedom. Each episode of the podcast feels like a conversation with a knowledgeable friend who understands that financial decisions are deeply personal and intertwined with family goals. Whether you're just starting out or well on your journey, the discussions here provide a roadmap for building security today and considering the legacy you might leave tomorrow. Tune in for relatable stories, actionable tips, and the encouragement needed to make meaningful progress with your money, all with your family's unique vision at the center.
Author: Language: en-us Episodes: 100

Marriage Kids and Money: Personal Finance for Families
Podcast Episodes
Time Is Finite So Act Like It (Bread & Wine) [not-audio_url] [/not-audio_url]

Duration: 42:00
We all know time is a finite resource. Why do we keep overallocating our time? It all feels like too much of what we're supposed to do and not enough of what we want to do. In this Bread & Wine episode, Andy and Nicole d…
Fear Is A Great Motivator to Invest | Sam Dogen (Financial Samurai) [not-audio_url] [/not-audio_url]

Duration: 28:04
Feeling uneasy about your finances in today’s economy? Learn how to turn fear into your greatest investing motivator with Sam Dogen, founder of Financial Samurai. In this powerful episode, Sam shares how fear helped him…
Can Coast FIRE Survive This Market Downturn? [not-audio_url] [/not-audio_url]

Duration: 42:19
Coast FIRE is when you've front-loaded enough investments to simply coast to retirement without any further contributions. But with this stock market downturn as of late, is the idea of Coast FIRE dead? We'll share how o…
Paid Parental Leave and It's Life-Long Benefits | Isabelle Hau [not-audio_url] [/not-audio_url]

Duration: 37:47
Paid parental leave can have lifelong benefits for families — but why is the U.S. so far behind? Isabelle Hau, author of Love to Learn and Executive Director at Stanford's Accelerator for Learning, joins the show to brea…
Preparing for a Recession: Our Family’s 5 Step Financial Plan [not-audio_url] [/not-audio_url]

Duration: 51:10
A recession may be headed our way. How can we prepare? I'm walking through our family's 5 step financial plan to prepare for a recession. Second, we’re back with our Mortgage Free Family segment! This month we’re featuri…
True Wealth Is More Than Money  | Dr. Daniel Crosby [not-audio_url] [/not-audio_url]

Duration: 30:58
Andy Hill sits down with Dr. Daniel Crosby—renowned psychologist, behavioral finance expert, and author of Soul of Wealth—to explore the true meaning of wealth beyond money. Dr. Crosby breaks down why financial success a…
Retirement Is Now Easier - Bye 4% Rule, Hello 5% Rule | Bill Bengen [not-audio_url] [/not-audio_url]

Duration: 29:36
Can you really retire comfortably with a 5% withdrawal rate? Financial researcher and author Bill Bengen—the creator of the legendary 4% rule—joins us to share why his latest research shows that 5% is the new 4%. In this…
Reclaim Your Life From Work | Simone Stolzoff (BEST OF MKM) [not-audio_url] [/not-audio_url]

Duration: 24:24
In this episode, we sit down with Simone Stolzoff, author of The Good Enough Job, to explore how modern work culture has taken over our identities—and how we can break free. This Best of MKM episode revisits one of our m…
Spending Time Wisely in Early Retirement | Maggie Tucker [not-audio_url] [/not-audio_url]

Duration: 1:00:05
What happens when you achieve financial independence and early retirement? Maggie Tucker joins us to share her journey of retiring at 41, leaving corporate America, and embracing a life of flexibility, purpose, and famil…