- Bethany McCamish is a freelance writer and designer who lives in Vancouver, Washington, with her fiancé, an electrical engineer.
- It took time for the couple to get on the same page financially. Once they discovered FIRE (financial Independence, retire early), they started to have open conversations about their spending habits and goals.
- Together, they bring home an average of $11,500 a month and their budget gives every dollar a job. They put a minimum of $1,400 a month toward student loan debt and about $4,900 into savings and investments.
- McCamish said they didn’t feel “wealthy” until they gained control of their money and put it to work in investments.
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My partner and I are total opposites in many ways. For the first four years of our relationship, this included the way we looked at money. I was the spender and he was the saver.
We were in college when we met. I was blissfully unaware of my finances, living paycheck to paycheck. To give you an idea of my ignorance, I didn’t even know how much I had taken out in student loans. I always made payments on time, paid off my credit cards every month, and called that good.
He was frugal. He never spent money on small items or lunches out. He saved all his money for the things that would make him happy. He bought a motorcycle and a car in cash during the first few years we were together. Still, the idea of investing and optimizing cash flow wasn’t something he even…