Financial Stress In Marriage [3 Cash-Flow Secrets To Marital Bliss]


– Money and marriage,
two things that can go very, very right together
or very, very wrong. And in this video, you’re going
to discover how to make sure your marriage stays on the right side of the financial tracks. So you can rest easy
knowing money problems won’t derail your relationship. And if staying on the right
side of the financial tracks is important to you, then you’re
going to want to subscribe to our channel and click that
bell so you’ll be notified when we publish new videos. We’ve been helping couples
stay on track together financially for decades. (upbeat music) Check this out. This is from a letter
from Tim in Portland. After 22 years of marriage,
no arguing over money and on the same page
towards our financial goals for the first time in many years. That’s one of my favorite testimonials. Hi, I’m Tony Manganiello. Since 1995, my business
partner John Cummuta and I have helped over three
million people discover what Tim and his wife have. And in this video, you’re
going to learn three cash-flow secrets that will
show you how to take your money, the money you’re making right
now, and help your marriage get on track to being
free from financial stress and create a plan that
will get you not only on the same page, like Tim and his wife, but also partner together to create the kind of financial future
your family truly deserves. (techno music) Cash-flow secret number one
is forming Us, Incorporated. Forming Us, Incorporated
means you’ll both have a business-like approach
to your marital finances. Since it’s common knowledge
that financial stress can lead to divorce, and divorce itself
can amplify financial stress, it only makes sense that
you both come together and run the finances of your
marriage like a business. What this means is you review
your resources together, your needs and your wants
together, and develop a plan to achieve those goals
financially together. This also means you identify things that, well, they might have to
be put aside for a while. When you run a business, you
do things like forecasting to determine how to
achieve short and medium and long-term goals. That’s what forming Us,
Incorporated is all about. It’s about planning ahead
so you’re as prepared as you can be for the curve balls life will inevitably throw at you. Forming Us, Incorporated is
where you view each other as you should, as equal partners,
equal partners that value each other’s gifts,
talents, and work ethic. And your approach to your marital finances will be a partnership in
achieving what you can together. Planning your finances together
will help you galvanize your relationship and help build the trust every relationship requires. In my book “The Debt-Free Millionaire,” I call this The Family that
Pays Together Stays Together. That’s what forming Us,
Incorporated is all about. And it’s what starts to get
you both on the same page financially, like Tim and his wife. Have you ever considered
approaching your marital finances like this before? If forming Us, Incorporated
sounds good to you, give me a, “We’re incorporating
ASAP,” in the comments. (techno music) Cash-flow secret number two is to determine Us,
Incorporated’s wealth potential. Doing this is actually pretty simple. All you need to do is get
together and calculate your combined net monthly
income, not your gross income because net income is all
you have to work with. When you have your total
household net monthly income, then multiply that number
by 12 to determine how much your both going to bring
home in a calendar year. when you have that number, set it aside ’cause we’re gonna refer
back to it in just a bit. But for now, this is Us,
Inc.’s annual revenue. Now, multiply Us, Inc.’s
annual revenue by the number of years between now and
when you wanna quit working. Let’s take a look at what I
mean by an following example from my book. This is the sample family from my book “The Debt-Free Millionaire.” Meet the Fortunados. Their net monthly income is $4,600. So $4,600 times 12 equals
$55,200 in net annual income. They have 30 years until
they wanna quit working, so 55,200 times 30 equals $1,656,000. That is a lot of money. What do you think your number will be? The reason this exercise
is important is simple. If you’re going to run
Us, Inc. like a business, this amount is how much
wealth potential Us, Inc. has. For the Fortunados,
that’s the $1.656 million. This amount is what your
life will need to conform to so you can avoid financial stress. Financial stress begins
when you start living beyond that amount, and you’re
forced to figure out how the heck you’re gonna
make up for the deficit. And deficits, they lead to frustration, and they begin to amplify small
problems into big problems that the owners of Us, Inc.
would otherwise easily handle. And if Us, Inc.’s revenue is mismanaged, it can lead to bankruptcy,
and we know what that means. You’ll notice, I’m not
talking about putting together a monthly budget. I go into this in greater detail in my “How to Budget Money Effectively” video. But here’s the biggest reason
I avoid monthly budgets. It’s because they’re
focused on using the income from your work to pay bills. Now, while that’s obviously important, I believe it’s more important
to focus on using the income from your work to replace
the income from your work. Using the income from your
work to just pay bills, that’s what leads to a lifetime
of payments and leaves you broke, vulnerable, and
stresses out your marriage. Using the income from your
work to replace the income from your work though, that
provides a superior purpose for your income, and when Us,
Inc. can replace its income, the owners can really enjoy life. (techno music) Cash-flow secret number
three is protecting Us, Inc.’s wealth potential. What we know so far is that
Us, Inc. is going to generate a small fortune. For a sample family from my
book, that’s the $1.656 million. Now that you’ve determined
what your small fortune is, you need to protect as
much of it as possible. The first step to protecting
Us, Inc.’s fortune is to eliminate the need
for outside funding sources for your life. Now sometimes when businesses get started, they use outside sources
to fund their operation in the beginning. That’s probably where you are right now. You’re in the beginning, and
you require outside sources for your operation. Unlike a typical business
whose operation involves things like sales and marketing,
human resource management, that type of stuff, your
operation involves feeding, sheltering, and nurturing your family. When you first get
started, that operation, well, it needs some help
from outside sources. But now that you’ve determined
what your small fortune is, it’s time to begin planning
on become self-funding. What I mean by self-funding is this: If you continue doing
what you’re doing now, you’ll continue to rely on outside sources to fund your life. But ask yourself this question. Why do you think those outside sources would be willing to lend you money? The reason outside sources
are willing to lend you money is because they look at
that small fortune Us, Inc. will generate, and they want
as much of that small fortune as they can get their
greedy little hands on. Instead of relying on
them for funding your life and paying them interest,
I’m going to show you how Us, Inc. can transition
to becoming self-funding. The first step you need
to take is to determine how much of Us, Inc.’s
revenue can be redirected to start the self-funding process. For the Fortunados, the
sample family from my book, they could redirect $425 a month. Now, your number may be
higher, it may be lower, but whatever it is, Us,
Inc. has to start somewhere. Here’s what the Fortunados results are. After they’ve determined
they had $425 to redirect towards becoming a self-funding operation, they redirect that amount
into a private family bank. A private family bank is a
type of account that allows you to do two things simultaneously. It allows you to pay off your debt and use those same debt
elimination dollars to build wealth while your
debts are being paid off. Using a private family
bank to pay off your debt is the new and improved
debt elimination strategy. Here is what the Fortunados
are able to achieve with this strategy. They have $238,273.25 in total debt. This is for a mortgage, a couple cars, and a handful of credit cards. And they’re paying $2,575 a
month in total debt payments. By redirecting their $425 a month into a private family bank,
they pay their $238,273.25 in total debt off completely in just nine years and nine months. They save over $169,000
in interest payments. And when they’re debt free,
they have nearly $50,000 in their private family bank. And once they’re debt free,
they’ve freed up that $2,575 that was being used for debt payments. It’s now back in their pocket every month. So they continue to use the
private family banking strategy. And by the time they wanna quit working, they have a grand total of $1,036,079 in their private family banking plan. These funds are the funds they
used to self-fund the life they want to build together. What do you think your numbers could be? Now we’ve been showing people
how to protect hundreds of thousands of dollars in
future wealth by implementing a private family banking
strategy since 2012. It is simply the most powerful
financial tool available to the average family, to all the Us, Incorporateds out there. Now, if you’d like more
information on how these awesome financial systems work,
just click the link below and get your hands on a copy of “The Banker’s Secret to
Permanent Family Wealth” by my business partner John. In it, you’ll learn
everything you need know about what a private family
bank is, how they work, and how you can start one
for your Us, Incorporated. And if you think this video helped you, please click the like
button and let me know. Helping you work towards
a better financial future is what we’re all about, and
you clicking the like button, helps us know we’re doing our job. And don’t forget to
subscribe to our channel so you can get notified
when we publish new videos. There are so many sad
statistics about problems couples face these days. And it’s, well, it’s sad to
me when families struggle because of money issues. From what I’ve seen, money issues all have the same basic beginning. Most people just don’t
know how money works. I mean, we’re not ever really
taught about it in school. So do yourself a favor and check out our “Money Myth” videos,
where you’ll learn about six money myths you’ve
probably bought into yourself. And if you have any questions at all about a personal finance
topic, drop me a comment, and I’ll get back to ASAP. I read the comments every week, and I’ll respond as soon as I can. Your Us, Incorporated is important to me, and I would love to
know you’re succeeding. Thanks for watching, and
I’ll see you next time.

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