Something You Should Know about Credit and Debt

Important Financial News For Couples

January 23, 2015


Interview with Marilyn Barrett, author of the book Just Sign Here Honey: Women's 10 Biggest Legal Mistakes and How to Avoid Them (Capital Ideas for Business & Personal Development)




Mike Carruthers: 
If you're married and file a joint tax return with your spouse, you'd better make sure you know what that tax return says.


Marilyn Barrett:
Most married couples don't know that when they file a joint tax return they are agreeing to be jointly and separately liable for the taxes. And that means that the IRS can go after both of you, or just one of you.

Marilyn Barrett

Does Money Make You Happy?

November 18, 2014


Interview with Dr. Paul Coleman, author of the book Finding Peace When Your Heart Is In Pieces: A Step-by-Step Guide to the Other Side of Grief, Loss, and Pain




Mike Carruthers:
Is money the thing that will make you happy? Hmmm - probably not.


Dr. Paul Coleman:
If you have up to about 75 thousand dollars income you’re probably pretty satisfied but it doesn’t necessarily make you deeply happy.

Paul Coleman PsyD

How Money Impacts Happiness

February, 25, 2014


Interview with Laura Rowley, author of the book Money and Happiness: A Guide to Living the Good Life




Mike Carruthers:
When it comes to money and possessions; the way your brain works can work against you.


Laura Rowley:
There's something called the "hedonic treadmill," you know when you have a great family you usually don't say, "Gee, I'm going to go out and get another one, cause this is so great." But we always do that with money and material goods and it's really hard to get off that treadmill.

Laura Rowley

Getting Out Of Debt

January 6, 2014


Interview with Jerri Simpson, author of the book Lose 100 Pounds of DEBT WEIGHT: Learn How To Trim That Credit Card Fat




Mike Carruthers:
Perhaps one of your new year’s resolutions for 2014 will be to do something about all that credit card debt.


Jerri Simpson:
The biggest thing is learning how to use credit cards because that’s one thing that we’re not taught in school at all. They just keep giving them to you like candy.

Jerri L Simpson


Link Between Money & Happiness

December 2, 2013


Interview with Donna Skeels Cygan, author of the book The Joy of Financial Security: The art and science of becoming happier, managing your money wisely, and creating a secure financial future. 




Mike Carruthers:
Money may not buy happiness.


Donna Skeels Cygan:
But it most certainly impacts our happiness and I just wanted to come up with some strategies that people can use to help them with their finances as well as make them happier.

Donna Skeels Cygan

Accumulating Wealth

September 11, 2013


Interview with Brett Wilder, author of the book The Quiet Millionaire: Eliminate Financial Stress and Accumulate Wealth for a Lifetime of Security and Independence




Mike Carruthers: 
Most millionaires, you've never heard of… 


Brett Wilder: 
They're people who accumulate money very quietly. You hear about Bill Gates and Warren Buffet and Donald Trump but you don't hear about the thousands of people who know what needs to be done to make themselves financially independent.

Brett Wilder

How Spending Money Has Changed

July 29, 2013


Interview with Manisha Thakor, co-author of the book On My Own Two Feet: A Modern Girl's Guide to Personal Finance




Mike Carruthers:
When it comes to spending money, things have really changed over the last few years. 

Manisha Thakor:

In previous generations we used to compare ourselves horizontally, literally, to the Jones' on our block. And typically we lived around people who made a similar sort of income. They'd get a new grill and we'd want a new grill.


Manisha Thakor

Reducing Money Stress

May 24, 2013


Interview with Julie Stav, author of the book The Money in You!: Discover Your Financial Personality and Live the Millionaire's Life




Mike Carruthers:
Money may not buy happiness, however…


Julie Stav:
Money buys you options - it buys you the time to concentrate and cultivate that special gift that each one of us has been given. If you're worried about paying your bills, you cannot worry about doing good.

Julie Stav

Keeping Up With The Jones's

April 5, 2013


Interview with Shira Boss, author of the book Green With Envy: A Whole New Way to Look at Financial (Un)Happiness




Mike Carruthers:
Never being satisfied, always wanting more, trying to keep up with the Jones's - whatever you call it, it may be human nature.


Shira Boss:
I think it's human and even animal nature to want to be the biggest and best on the block type of thing - it's part of the American dream - it's all based on doing better, constantly.

Shira Boss

Are You Going Into Debt To Buy Christmas Presents?

December 17, 2012


Interview with Mary Hunt, author of the book Debt-Proof Your Christmas: Celebrating the Holidays without Breaking the Bank




Mike Carruthers:
Spending discipline... it often flies out the window this time of year because, well, we need to buy Christmas gifts for people.


Mary Hunt:
Let me ask you a question: “Tell me what you received for Christmas last year?" Yeah, see people don't remember, so why in the world should you buy a gift now that you're going to have to pay for for the next twenty years, when the person you give it to isn't even going to remember?

Mary Hunt

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