How I Kept My Wife Financially on Track to Retire with over 3 million.

Or My Two Principles of Money Management.

Ok all you feminists don’t get up in arms just yet. My wife is fiscally very responsible. She is just a big picture person.

I have the engineering degree and am detailed. My wife is truly the sales gal. Great at reading people and seeing the big picture and moving our business forward. We complement each other.

I have also been the person that managed our money and our budget. This was not easy when you are real estate brokers. Our monthly outlay is typically 10k, come rain or shine. Yet our income could vary wildly. From nothing, to windfalls of 80k in a month when multiple deals closed.

Managing finances for a small business is much more involved than being a wage earner. All expenditures are potentially tax deductible and need to be tracked, quarterly taxes must be paid, and retirement accounts funded. There is no HR and accounting department to handle these tasks.

Communication of details however is a problem. I live in the land of tech, finance and DETAILS. Most big picture salespeople don’t want to be told how to build a clock. They just want the time.