Get The App

Download the Josplay app for the best experience.

Download Now

Charts

Discover the latest hits and trending music.

Explore Charts

Podcasts

Stories, music and conversation from Africa and its diaspora.

Browse Podcasts

New Releases

Stay updated with the latest music releases.

See New Releases
← For Better and Worth
Ep 74: Does the Empty Nest Mean an Empty Bank Account? artwork

Ep 74: Does the Empty Nest Mean an Empty Bank Account?

For Better and Worth
E7435:33
Play episode

Show notes

As your kids leave home, you might wonder about the impact on your finances. We're here to debunk myths and offer insights to consider. We often anticipate a dramatic decrease in our grocery bills. But is that really the case? We share insights into how food expenses evolve and why your dream of a shrinking grocery budget might not materialize as expected. With the kids out of the house, many of us feel the urge to explore and travel more. Although it's fun these costs can skyrocket. The empty nest phase brings about a pivotal moment to reassess financial priorities as well. We offer tips on how to adjust your savings strategy to align with your current life stage and future goals. Listen in to hear more! This episode is sponsored by PSECU. To find out more go to: PSECU.com/forbetterandworth Our website: www.forbetterandworth.com Get Ericka's book, Naked and Unashamed: 10 Money Conversations Every Couple Must Have Check out our local TV spotlight Connect with us: Instagram: @forbetterandworth YouTube: @forbetterandworth Ericka: @erickayoungofficial Chris: @1cbyoung

More from this show

More
  1. Adidas on the Rise, Nike’s Challenge: What Shoe Wars Teach Us About Money (Ep 195)

    In this episode, we dive into the iconic rivalry between Nike and Adidas and what their latest business moves say about money and adapting to change. From personal sneaker stories…

    E19529:29
  2. Surviving (and Loving) the Empty Nest (Ep 194)

    Our youngest is packing boxes this week and the house is about to be a lot quieter. In this episode, we get real about the season neither of us knew how to fully prepare for: becom…

    E19434:17
  3. We Spent $2,700 Dining Out in One Month and Here’s How We’re Reining It In (Ep 193)

    Ever wondered what happens when you check your dining out budget after an eventful month? We took a real and painful look at our own food spending in August and the unexpected ways…

    E19335:19
  4. How Long Should Parents Foot the Bill for Family Vacations? (Ep 192)

    After returning from an unforgettable trip to Belize, we unpack the real reasoning and strategy behind our family vacations and why we still pay for our adult kids. We get candid a…

    E19234:57
  5. Navigating the Soft Savings Era: How the Different Generations Approach Retirement (Ep 191)

    In this episode, we dive into the generational shifts around saving, retirement, and the pursuit of the ever-alluring "soft life." We open up about our own experiences navigating f…

    E19129:52
  6. Vacation Ownership or Money Trap? Our Honest Timeshare Review (Ep 190)

    Looking back on 30 years together, we decided to do what we always swore we wouldn’t: sit through a timeshare presentation—again. In this episode, we walk you through our journey f…

    E19040:42
Now Playing

No Track Playing