A few weeks ago, JD and Jim touched on the subject of coupled finance, only briefly, and this week they went after the subject full bore. JD and his wife have separate accounts while Jim and his wife have joint accounts. They each discuss their own financial account setups, reasons for doing things the way they do, as well as discussing how they handle common scenarios.

Posts of the Week

Jim’s post of the week is How Friends Influence Your Spending Habits from Broke Grad Student. The article isn’t very long but it hits on an excellent point about how your friends can influence how much you spend. During the show, JD makes an excellent point about how you can end up being the friend that peer pressures your other friends into spending more!

In the most recent issue of Smart Money, Reshma Kapadia wrote about stock pros who survived the Depression, profiling three men who are old enough to have been actively investing during the 1930s – and who actively invest now. These men are fans of value investing, and think that today’s stock market offers a lot of opportunity. (And they don’t think our economy is anything like that of the Depression.)

Trivia

Congratulations to Will for correctly answering last week’s trivia question. The answer was William Buffett! Your prize is a copy of Its Not About The Money, which will be in the mail shortly.

This week’s trivia question will tap the inner “numismatic” in you. Two of these coins, ordered to be confiscated when the United States went off the gold standard many years ago, currently sit in the Smithsonian Institute and one of them managed to make it into the collection of an Egyptian king. In 2002, this coin was sold for more than seven million dollars. Name the year and name of the coin to win.

Send your answer to trivia at personalfinancehour dot com and you’re entered to win the prize of the week!

Hope you can join us next week!