In this episode of the Financially Fit Couple podcast, host Matthew Gray dives into the intricacies of financial planning for young married couples with guest Malachi Bontrager, a financial advisor at LD&B Financial. The discussion covers the principles of balancing immediate financial desires with long-term goals, emphasizing the importance of intentional planning and the concept of delayed gratification.
Key topics include effective tax planning strategies such as Roth IRAs and capital gains harvesting, practical advice for funding college education and navigating the housing market. The episode also explores actionable steps for saving, the emotional factors involved in financial decisions, and how to align financial planning with personal values and goals.
00:40 Introducing Malachi Bontrager
01:07 Balancing Now vs. Later in Financial Planning
05:40 Understanding the Debt Crisis
10:14 The Benefits of Paying Taxes Now
18:48 Roth Conversions and Tax Strategies
21:04 College Planning and Saving Strategies for Education
32:36 Navigating the Housing Market: Rent vs. Buy
35:36 Current Housing Market Trends
41:23 Balancing Financial and Emotional Decisions in Home Buying
44:19 Concluding Thoughts on Financial Planning
Resources
Rent vs. Buying Home Calculator
Malachi Bontrager
https://www.ldbfinancialgroup.com/meet-our-team/
malachi@ldbfinancialgroup.com
540-437-1438
LPL Financial and LD&B Financial are separate entities.
Matthew Gray
https://www.linkedin.com/in/matthew-gray-cfp%C2%AE-5a2144134/
https://schrockfin.com/
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.