We’re reviewing the most popular personal finance blogs on the web to figure out what they do best, and who we think will get the most out of them. If you don’t already have a favorite personal finance blog, we’ll help you find one!
Online since: 2009
Relationships are all about two things: love and money. Couple Money teaches you best financial practices so that you have one less thing to argue about.
One of the most complicated parts of being in a relationship is handling the finances. Do you combine bank accounts? What if one of you has a lot of debt? What do you do if you have wildly different opinions on savings, or different levels of risk tolerance when it comes to investing?
These things can put a big strain on relationships. Wouldn’t it be better if you could learn to manage your money together and avoid arguments – while saving and investing more money in the process?
That’s what Couple Money does. Get all of the financial advice you need, all through the prism of your relationship.
Who will get the most out of Couple Money?
Couple Money doesn’t attempt to hide who it’s for: couples. It’s in the name. Its tagline – “Live on one income and have fun with the other” – directly talks about having two incomes. The first line of the site’s About section mentions “helping the two of you build your finances together.”
Founder Elle Martinez doesn’t shy away from this, and it helps the blog have a strong focus. You know what goal every post and podcast is leading toward. The focus is on couples and how to manage money when there’s another person involved. The couples that will get the most out of the advice are those you are trying to make small changes to their financial habits: controlling their spending, beginning to invest, choosing or changing careers, and so on.
Even though it’s tailored toward couples, it’s not as though others won’t find value. The personal finance basics are still there, you’ll just need to adapt it to your specific situation. For example, budgeting with two people or two incomes adds a few wrinkles, but the foundations of budgeting are the same no matter what, so don’t think you need to be part of a couple to learn something new.
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Is there a sense of community? How engaged is the blogger?
Elle stays pretty engaged with her community. A lot of posts have comments on them, and Elle responds to many of them. It’s nice to see a blogger answer questions, respond to feedback, and acknowledge the people they’re writing for.
Couple Money is also involved in the personal finance community as a whole. The podcast has a ton of interviews and guests from around the finance world, so as a listener you’re never short on different experiences and points of view. You’re likely to recognize some familiar names there, and if not you’ll be introduced to experts that you can add to your list of favorites and get involved in their communities, too.
Does it offer any tools?
Besides regular blog posts, Couple Money has three main resources: its podcast, guides, and recommendations.
Let’s start with the podcast. It’s 100+ episodes strong and covers everything from travel tips to how to handle your kid’s allowance. A lot of the topics overlap with what’s written on the blog, and it’s always nice to have that information in audio form. That means that even if you don’t have time to read the blog posts, you can load up on the podcast and listen to advice on the go or while you’re doing something else, like chores or making dinner. As mentioned, there’s usually a guest on the podcast, allowing Couple Money to tackle a wide variety of topics with experts who are about to share their advice.
Couple Money also offers Money Guides. These guides are collections of blog posts that fall under a certain category of personal finance. There are currently three guides: Invest Smarter, Earn More Money, and Pay Off Your Debts. These gather blog posts under their respective categories so that you have a comprehensive view – and years’ worth of posts – for an in-depth look at different topics.
Finally, there are the recommendations. These are simple suggestions of products, services, and tools to use. In addition to the short summaries of the products, you’ll find links to blog posts where Couple Money either goes into the service more, or talks about a related topic. For example, Credit Sesame is recommended and you can make your way to a blog post about credit scores in general. It’s a good way to find useful tools and learn about the broader personal finance concepts behind them at the same time.
Its unique strengths
Couple Money’s focus on relationships and family finances gives it a strong direction. The topics vary from opening an IRA to logo design tips for a new business, but the fact that it all comes back around to families makes it more actionable than broad, generic advice you might find elsewhere. With Couple Money, you know what steps both you and your partner have to take to reach your financial goals.
This carries over into its other strength: the podcast. When talking to a financial mentor, it’s about how couples can become financially independent; when discussing how to quit your job, it’s with the founder of My Wife Quit Her Job. Dealing with money is a different experience when it’s with another person, and you won’t find many other sites dedicated to teaching you the best ways to handle it.
What we’d like to see more of
It would be great to see some more granular categorization of posts so that information is a little easier to find. It’s good that posts are grouped into overarching collections to form the Money Guides, but as we all know, personal finance is a nuanced topic. Breaking down the posts a little more, into more specific categories like student loans or travel advice or budgeting tips, would make it easier for visitors to find exactly what they’re looking for. Along those same lines, a search field to find topics would be useful; after all, there’s seven years of content on the blog, and that adds up to a lot of advice to sift through.
Turning the Money Guides into some sort of downloadable content would be cool, too. They’re very thorough, but come at the cost of having a lot of content to go through. Having, say, PDF guides that act as sort of a “greatest hits” to highlight the best tips on smarter investing could be an easier, quicker way to digest information for some readers. The Money Guides could still be online and include relevant blog posts for new information, but for more evergreen tips, downloadable guides would be a great way for Couple Money to get across their most important tips.
Want to know more about Couple Money? See for yourself at www.couplemoney.com.