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Fyooz Financial Planning

The Realities of Working with Your Spouse

“You get to celebrate the highest of highs with each other, but also you have to deal with the lowest of lows, whatever that may be for your business."

Our hosts, Natalie and Dan Slagle, pull back the curtain on what it's really like to run a business together as a married couple. After six years of building Fyooz Financial Planning from their shared desk in Natalie's mom's townhouse, they're ready to share both the triumphs and the tears.

Professional Natalie operates differently than personal Natalie, being more direct and demanding higher standards. Dan learned this the hard way when work personas collided with marriage dynamics. On the plus side, they get to celebrate that first client signing over pizza, run circles around the kitchen island after winning an award, and witness sides of each other that would never emerge in separate careers.

The flexibility proves invaluable. When their daughter was born, they could alternate work schedules for five months. They structure their calendar around client needs and their own priorities. The insurance complexities loom large, especially with enhanced premium tax credits set to expire at the end of 2025, which will cause health insurance premiums to spike by an average of 75% for individual market purchasers.

Financially, the implications multiply exponentially. Two self-employed partners mean irregular income squared, double the financial entities to manage, and significantly more tax complexity. The retirement planning responsibility falls entirely on their shoulders (no HR department sending reminders about 401(k) contributions). Without employer group health insurance plans, many face the challenge of self-insuring at much higher costs.

Perhaps most interestingly, having shared business interests creates additional incentive to make the marriage work. As Natalie puts it, the complexity of untangling both personal and professional lives provides motivation to address small issues before they become big ones. There's simply too much at stake professionally to let personal issues fester.

Despite early struggles and ongoing challenges, Dan says he'd do it all again in a heartbeat, from those uncertain early days to building lasting client relationships together!

Key Topics:

● “Working With Your Spouse is a Different Beast!” (07:53)

● Personal Implications and Different Work Personas (10:44)

● Flexibility Benefits in Scheduling and Time Management (16:50)

● Setting Work-Life Boundaries and Marriage Impact (18:04)

● Financial Implications and Complexities Overview (22:07)

● Would They Do It All Again? (32:16)

Natalie Slagle, CFP® and Dan Slagle, CFP® are the founding partners and lead financial planners at Fyooz Financial Planning — an independent firm dedicated to helping high-earning couples in their 30s and 40s confidently navigate the complexities of managing money together.

At Fyooz, they specialize in turning financial stress into strategy, guiding couples through everything from cash flow and investing to aligning money with shared goals.

Disclaimer: For updated disclosures, please visit fyoozfinancial.com.

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Natalie Slagle  00:00

You see lots of different sides of your spouse, just like in the personal world, like you see the good and the bad of your spouse. And in the professional world, you're going to experience that as well. But I think that's we're kind of focusing on the negative of that. I think the really cool part about it is like, I get to see this side of you that I would never have gotten to see like I get to see why you're as talented as you are in the financial planning space. I get to see why you are just really good at being a business owner, and I get to see what things excite you.

Natalie Slagle  00:41

Welcome to money dates, the podcast that makes money conversations with your partner feel a little less taboo. I'm Natalie Slagle, a certified financial planner, and I'm joined by my husband and business partner, Dan Slagle, also a Certified Financial Planner. Say Hi, Dan, hello. In each episode, we'll share honest stories and practical tips to help you and your partner feel more connected and confident on your financial journey. So grab your drink, get comfortable and join us for our money dates. Danny Boy,

Dan Slagle  01:14

Nattie girl,

Natalie Slagle  01:17

never call me that ever again. Thank you. Danny Boy, I know, but people actually call you

Dan Slagle  01:23

that. No one calls me Danny Boy, no, there's a song, right? Oh, Danny Boy,

Natalie Slagle  01:30

I feel like college. In college, some of my girlfriends would call you Danny boy, but maybe we did behind your back. I was like our cutesy little name for you. Okay, how nice I have. A topic we recently talked about, personally. It came up on a podcast and you had said, Okay, maybe we'll talk about this in the future. Well, now is the future.

Dan Slagle  01:53

Let's do it. What is it? I'm excited. I've never asked No, I have no idea.

Natalie Slagle  01:59

I want to talk about whether you think we will have another child.

Dan Slagle  02:06

Yep. Is that the topic of this

Natalie Slagle  02:08

episode? I am under pressure. There are people who are going to listen to this, and you have to tell me about your thoughts on having another child with me, no pressure. And by the way, if you're listening and you've made it this far, this is not the topic of conversation. This is just our three minute little Oh, whatever. So let's, let's hear it. Dan, like you do you want to have another kid with me?

Dan Slagle  02:35

Is this? Like, I don't know the right term of what's going on here, but I feel like I'm being pinned to get, like, backed into the corner you are so did my response the other night, not like, satisfy what you were

Natalie Slagle  02:49

looking for it. See, I can tell you're a little nervous.

Dan Slagle  02:53

I'm a little nervous because I'm like, I feel attacked. I feel attacked right now.

Natalie Slagle  02:57

Okay, damn. We just want you to be honest. And you know the we answer

Dan Slagle  03:03

you and all of the listeners, we Okay, I see what's going on here. All right, so let me there's no answer. You asked the question. Let me get my response. Okay, my response isn't so much yes or no. My response is, I'm a good politician, by the way. My response is, I've really enjoyed this first year with our daughter, our first child. I don't feel like, right now I'm in a place where I'm just enjoying it so much, because, like, the first I mean, all months, all weeks, all days, have, there's hard points, right? But like, yeah, I feel like, with her, it was really hard at the beginning, and I feel like now we're just like, in a rhythm of, like, I get it. I kind of, we kind of understand each other. No, like, older parents are like, you fool. Like, what are you talking about? But I met at a point of like, in I'm at a point of like, I'm really, like, I feel like we're in a good rhythm. And so like, the idea of bringing in another child and then like, going back into it, it kind of makes me nervous, not going to lie about that or sugarcoat it. So I'm still not giving you a yes or no answer. I grew up in a family where my brother is seven years older than me. That's a big gap, right? Like, your mom always calls me, like, I'm an only child, even though I'm not, like, just the way I act because of that, I don't know what that means either. Like, man, everyone's just coming at me. The world's coming at me. Bring it all right? And so there's a seven year gap. That's a really big gap. And so, you know, I'm kind of like using that as a not as a metric of, like, one year after Jay is born, I guess it takes nine months, like, once you're pregnant, to have the child. Yeah, that's true. But I feel like that you did learn that, didn't you? I learned all. A lot during

Natalie Slagle  05:00

you did see So, I mean, and so did I.

Dan Slagle  05:04

Let's let me just get to the point I think I need a little more time, but I'm not shutting down the idea completely. And also, if we only had one child, and it was our daughter, I would be so happy I don't feel incomplete by not having another child. Yes, and I, time will tell. So I'm on, I'm like, I'm still there. I could go one way or the other. Well, hold on, let's all right, you put me on blast. So when we first started dating, one of the first serious conversations we had is I was like, cooking dinner one night in your apartment, and you just were sitting at the table watching me, and you said, so how many kids do you want to have? And I knew it was a test. And I was like, okay, Natalie comes from a family of like, I mean, you have a brother and a sister, but your mom and dad have like, a gajillion siblings. Like, I'm

Natalie Slagle  06:00

talking my mom is one of 13, and my dad is one of 10. So big families,

Dan Slagle  06:06

so that's crazy. So I knew, like, okay, there's something tied to this about, like, her family size. I had known, like, they had a lot of you have a lot of aunts and uncles. So I said four. I said four kids. And then your response was, like something along the lines of, Oh, good, because I want six. Oh, there's nothing wrong with, like, people who want, you know, kids. Obviously, with six kids, I laugh at, like, the life stage we're at right now, and thinking back, like 10 years ago, and you were like, I want six kids. Like, there was a time where we thought about, like, not even having kids.

Natalie Slagle  06:45

Yeah, I was on that boat for a long time. I was like, I just don't think kids are right for us anymore. I went from wanting six kids to saying, like, Nope, I don't want any kids. And then life events happened, and we decided to have Jay, and we were really blessed to have her, I will say I am very sure that I do not want six kids anymore. I am very sure of that. And you know what? I agree, Dan, if we have Jay, and Jay is our only offspring, what a wonderful life that we get to have. And so I appreciate you having that open conversation with me. You know, I would love to be a fly on the wall for other couples. I'm like, how do you decide to have more than one child? How do you decide to have a child? Like, how do you decide to not have a child? Like, it's a really big conversation for people, and I, I wanted to have it with you here. So thank you. Yeah, I passed. I passed. You passed. You you passed, of course. So today, though, the actual topic is kind of similar, like, more on the personal front of, okay, fine, it's a little well, it's today, we want to talk about being self employed with your spouse, so kind of, you know, like, family, oh,

Dan Slagle  08:03

like, Okay, your business is your baby type thing. Okay, no, you know, I get it.

Natalie Slagle  08:09

I'm just saying, like, we're just going to be, like, our last episode was a little bit more technical, talking about estate planning and all of that. And this episode is a little bit more like, back into the like dynamics of family, work, life, balance, you know, all of that. And because working with your spouse is unique, it's a different beast. And there's things I love about it, and things that are hard about it. And so that was, that's what I thought would be interesting. And I know, like even our clients will ask us sometimes, and our clients, you know, they they might be 2w two workers working at completely different jobs, and they're just like, so, like, what's going on behind fuse financial planning doors? Like, what, you know, like, I see the two of you show up, and we have these awesome conversations. And you know, a lot of our clients will say, like, it kind of just like, feels like we're all, like, hanging out and then taking care of this really cool, important thing, which is their finances. But like, what's it really like when you're not in a client meeting or you're doing, like, what does day to day look like? So today we're going to just talk about

Dan Slagle  09:18

it. Yeah, and like, couples were not we weren't that unique, like, five years ago, because everyone was working at home with their spouse. So people have gone through this as well. They're just not directly in, like, the same business and, like, working on similar the same things, right? Yeah, I think that's what we want to share today. But like all of you listeners, there was a point not too long ago where you were sharing, maybe your living room or sharing a desk with with your significant other during covid. And just put that lens on. I think as you, as we go through this episode,

Natalie Slagle  09:54

right, right, and we're we're working like we work in the same house. Dan. And you're upstairs right now. I'm in the my office slash guest room. And even though people might have their different jobs and they're both working in the home, they're not working together, they're not working professionally. They're not going to team meetings and showing up and it's their husband on the other line, or, you know, on the other side of the Zoom screen, like, that's different.

Dan Slagle  10:24

Yeah, it's different. You're still sharing an intimate space, though, right?

Natalie Slagle  10:28

Yes, sure, sure. Okay, so I kind of wanted to talk about, like, the personal implications and the financial implications of working with your spouse. So what do you want to start with? Dan, personal or financial?

Dan Slagle  10:43

You're probably the way this episode started. You're probably going to share with listeners how you made me cry in like, the first month of working together. So let's,

Natalie Slagle  10:52

let's hear it. Okay. I wasn't going to, like, bring up that. Like, okay, so we're going to go to personal implications. So personal implications is that you will make your business partner, slash husband, cry. And I checked that off right away. I think that's like the one and only time. No, it's not.

Dan Slagle  11:10

I was very emotional at that time. We didn't have any income coming in of starting our business. I moved in to my mother in law's like two bedroom townhome, and then our our desk was a shared table a foot away from our bed. So yeah,

Natalie Slagle  11:26

like, I could reach my arm and, like, play with your hair. We were,

Dan Slagle  11:31

yeah, I think I just think, like, what happened that day is, like, we had never worked together before starting our business. So there was, like, you know, I think a lot of people can relate to it. If not, then maybe we're just different. But like, you have like, more of like, your work persona versus personal life persona, right? Like, yeah. And I think that a lot of people can resonate with that. So we just had never seen each other in terms of, like, what do they like at work, and what are maybe some of like, the things that we each carried with us into starting fuse from, like, our past careers, our past lives. Great movie, by the way. Gotta check that out. Past Lives. Yeah, yeah. I'm only saying that because I'm wearing my South Korea soccer jersey. So it just it reminds me of past life. Sorry for the tangent. So you bring your your work persona and share it with your spouse, and there's things you learn about each other. And I think we were just like, we had a rough a rough day, and I forgot what you said. Maybe you didn't say anything, but I was just like, I don't know if this is gonna work. Like it was a pretty emotional time, I think for our for both of us,

Natalie Slagle  12:40

yeah, yeah, I feel like the takeaway I don't remember the con the conversation, but I I felt like the takeaway from you was that I was being mean, flat out, like I was just being mean to you. But to your point, you haven't really hung out with professional Natalie very much. And professional Natalie can sometimes be more direct than personal Natalie, and I want things done a certain way. And things can be like, can skyrocket on my priority list much faster than it can for you or for others. And so when that happens to me, I'm just like, like, we got to do this. Like, you got to do it better. You got to do you know, I'm just like that, and I'm not really like that personally. So going back, like, kind of, going back to the topic today, the personal implications is you see lots of different sides of your spouse, and so you're you see the just like in the personal world, like you see the the good and the bad of your spouse. And in the professional world, you're going to experience that as well. But I think that's we're kind of focusing on the negative of that. I think the really cool part about it is like, I get to see this side of you that I would never have gotten to see. Like, I get to see why you're as talented as you are in the financial planning space, I get to see why you are just really good at being a business owner, and I get to see what things excite you like. I mean, even before we started fuse financial planning, we worked in the same industry, we talked the same talk, and so I we would come home at night and and you would share about your day. It made sense to me, like I was like, oh, yeah, like that happened with this client. That's, I totally understand that, and that's but it's different when you're actually in it, and it's like, Hey, I met with this prospective client, and now they want to work with us, because they met with me, and I described it in a way that excited them, like, I'm thinking about this time where you and I, again, when we started our business, we sold everything, and we moved in with my mom because we made no money. Those were the days one time we like, I remember we like, got an award, and we just, like, were running around the kitchen island and. Circles together, and we were like, that would not happen if we weren't working together. So I think the personal implications is just like being able to see these different sides of your partner that you would never have gotten to see otherwise. And wow, that's really

Dan Slagle  15:17

cool. Yeah, I think one of the other really so, yeah, amazing. I still remember that to this day, like having a bowl of popcorn, like being on this virtual conference and like, randomly getting an award, and we were just like, wait, what us? And then we just started, like, running around the house and cheering and being able to celebrate, like, a lot of accomplishments with you, is like, oh, it's, it's so much fun. You know, I still remember, like, the first time we like, the first like client we ever started working with, once they said, Yes, I remember, like you and I went out and grabbed, like, a slice of pizza after and like it was, it was just such a big deal for for both of us and and I love being able to celebrate in those things, things with you. I think the other big aspect, from like, a personal standpoint, that's really important to us and why we started our business is the flexibility that we can have control over our schedule and really dictate when we meet with clients, when we're working on more of, like, working on our business, rather than In the business, and that's been really helpful for us, and we can structure our calendar in a way to, like, maximize what's most important to us in a certain moment. So like last year, when our daughter was born, there was a time where, I think for about five months, only one of us was working right, and we were able to structure it in a way where we could alternate and fit to what a specific need was. And the other thing that I really love is being able to enjoy our summers. So what that means for us is just having a little more freedom in the summer, because we're working hard in the winter, the spring to take some vacation and family time.

Natalie Slagle  17:04

So I was just gonna add, like, we've also learned from our clients, they don't want to talk to us in the summer. I mean, they do, but like, via email, like we've scheduled meetings in the summer, and it's like an 80% reschedule rate. And so we've just kind of learned, like, Y'all are busy trying to have your own fun, and we're, you know, and then you're like, hey, when can we meet next? And we're like, you know, blah, blah, blah. So like, the flexibility is we've kind of tailored it to match our needs, our clients lives, and we get to do that together. It's not like, Hey, Dan, I got PTO this week. Can you check with your boss and make sure you get PTO for that week of vacation as well? And I'll just cross my fingers and hope that it all works. Yeah, the other personal implication is like, how do you think it impacts our marriage relationship that we work together? I'm asking you, like, how? Yeah, how do you think

Dan Slagle  18:01

that's a really interesting perspective? We've had to set a lot of boundaries with work and personal in terms of, like, not so much recently, but there were a few points within, like, the first few years of our business where I just didn't want to talk about our business outside of work hours. And it's hard, right? Because, like, you get to celebrate the highest of highs with each other, but also you have to deal with the lowest of lows, whatever that may be for for your business. And sometimes it's hard to just, like, turn a switch and not have that like, at the forefront, like, whether it's just like opening your work email outside of working hours, and then you maybe don't get a good email response that you're looking for, and then it just throws off your your Saturday Right? Like, you shouldn't even be checking your email on a Saturday. But so we've had discussions in the past and have implemented at certain points, like, hey, when we're at dinner, and anything past dinner. We're not talking about business because I just, I don't want to, whether it's a sense of, like, I just want to keep work work, or I just something maybe not positive, like something negative happened, whatever it may be, or just setting those boundaries and expectations for the other person, and vocalizing that is has been really instrumental for us in terms of, like, separating personal and professional, trying to think of, like, how else has it impacted, like, our personal relationship? What do you got? I know you. Yeah.

Natalie Slagle  19:33

So I was talking to a girlfriend recently, and she was sharing, unfortunately that her brother is going through a separation. So we were just talking about, like, marriage and divorce and all of this, right? And she had just made the comment of, like, I can't even imagine divorcing my husband, because it would just take so much work. And because we were talking about, like, Why do you stay with your partner? Right? Like, what? What makes you stay and and it's not sexy, it's not romantic. However, there's something about the untangling of a marriage that can help keep the marriage like, if it would be so hard, and we're not at a point where, like, the only reason why we're together is because we own a business together. But I like, to me, it's like that is more reason why, like, we have so much responsibility to make our marriage work on not only like it used to be on behalf of our clients, on behalf of our business, on behalf of our employee. Now at the forefront, it's on behalf of our daughter. But like that gives me motivation. Like, hey, this little thing that's bothering us or we have this issue, like, let's work on it. Let's make sure it doesn't turn into a big issue. Let's work on the way we communicate with each other. Let's work on whatever it is that any typical marriage needs to work on. But like, so to me, I feel like having a business together, has made me, like, even take our personal marriage even more seriously, because there's even more on the line. And I think about, okay, if I had to replace you, not from a husband perspective, but from a business owner perspective, like, I'm like, I don't know who I who I would want to work with. So to me, I feel like our having a business together has actually, like, in so many different ways. It like, makes our marriage better, more secure, and like, I just, I just rely on you heavily. Dan, don't you go anywhere? Don't you go anywhere.

Dan Slagle  21:41

I'm not going anywhere. Don't worry. Don't leave me. Jack. I don't know if that's actually a line from Titanic. I just

Natalie Slagle  21:48

No, it's close, close enough he does leave her to the deeps, the depths.

Dan Slagle  21:54

Well, okay, okay, so we've talked a little bit about, like, how it's impacted our us personally, from the personal perspective, but we also want to dive into, I think, some financial implications, right? And the like, how it impacts us, like, from a financial standpoint,

Natalie Slagle  22:12

yes, so many financial implications. I made a list, and the list is a lot bigger on the financial implications than the personal implications.

Dan Slagle  22:20

This is true. I'm looking at the list where there's two bullet points under personal implications, and like 20 under financial implications. So this will be interesting.

Natalie Slagle  22:28

Okay, so financial implications just starting with income. I mean, it really depends on how you operate the business together. But as all my small business people know your regular income, and then when you work with your spouse, the two of you have irregular income, and that can just like, feel a certain way when you try to do Cash Flow Planning. And then in the same lines of that is, you now have two entities to manage from a financial perspective. So you have to manage your business finances as well as your personal finances. And it's not like one is easier than the other. They're they both take a lot of work, so you've just doubled the amount of financial stuff in your life that you have to manage. And maybe some people love that. I don't mind. It does take up time. Tax payments, so much in taxes, like being, like having two partners self employed, there's just a lot of tax payments. There's a lot to keep up with, with taxes, whether you're making quarterly tax payments or you're just making sure you're paying enough through your if you're an S corp and doing w2 payroll like making sure that that that is keeping up with you. And then the one that I wanted to pay spend a little bit more time on is retirement plan contributions. Because typically when small business owners come to us, they're like, Okay, finally, like, I can breathe. Like I I've been running this thing for a few years now. I'm making pretty good money. I'm, like, getting caught up financially. I mean, this is literally our journey, too. Dan, right? Like, when we started fuse, there was no such thing as retirement plan contributions for, I don't know how many years, but like, kind of a long time. And once you're, like, up and running, and you start to have cash flow above and beyond your needs and wants. Like, okay, now we can start saving. I think what's underestimated is how no one will, like, consistently tell you that this is important, except for yourself and or if you hire a financial planner, like, no one's looking out for your retirement plan. It's like, my guess is your parents aren't like, Hey, I know you started a small business. Have you opened up that SEP IRA yet? Like, nobody's telling you that. So I'm like, wow, that's scary. Like, I hope people are really taking that into consideration. And that's been kind of. This anxious spot for me, Dan, right? Because, like, I've been the one that I'm like, oh my god, we didn't make retirement plan contributions for a couple of years, our retirement plan is going to explode, like, we're not going to ever be able to retire. And Dan, you've been like, whoa, calm down. We're fine.

Dan Slagle  25:16

Well, yeah. And I think, like, the root of that problem is understanding, if you have profit left over. What? What to do with it, right? Like keep it in your business or reinvest it back into your business. Do you make retirement account contributions? Do you need to build up your personal bank account? Right? So there's so many additional avenues to think about with what to do with the money. It makes it a little harder when, when you're you're self employed at the end of the

Natalie Slagle  25:44

day, right? Well, because it's like the conversations that we have literally had have been, Hey, should we expand our marketing budget, or should we put more into our 401, K, like the 401 K to me, is more of the personal finances, the marketing budget is obviously the business finances. They'll have the same tax impact, and we'll get to deduct marketing expense, or we'll get to duck the 401 K contributions. You know, are we trying to expand our 401 K balance, or our business entity value, like or whatever. So to me, this is, this is fascinating. This is a fascinating experience that you and I get to go through that most people don't, because the decisions we make at the top, and I'm going to say the top is like the business, it impacts us personally, or it's like, hey, let's, let's expand the marketing budget, and that means we can't go to Europe next year. Like, that, like, I know that was kind of like a dramatic example, but it's kind of the truth.

Dan Slagle  26:46

I feel like that's exactly what our that is 2026 What are you talking about? That's not dramatic. That's like a real life dilemma that we have to figure out it

Natalie Slagle  26:56

is okay. I appreciate that you didn't think it was dramatic, because it's like, kind of like our what we're talking about now is we're thinking about planning our travel for 2026 so being your own advocates for retirement plan is so important. And when it's the two of you, at least for a lot of people who are self employed, and then they have a partner that works an employer, and the employer has all the benefits, like, there's someone who still kind of has the ball rolling, but when you're both self employed, like you really got to take ownership of that. Okay? The next thing, the financial implications when you're self employed, this is a big thing. We should probably have a whole episode just on this in general. But all the insurances. So health insurance, disability insurance, vision insurance, dental insurance, we went without all of those for a very long time, like that's how we did it. We went without, and we've slowly been incorporating them back in I think what's scary is with the passing of the O, triple B, as I call it, because I don't like saying one big, beautiful bill, but there's going the premium tax credits that you're supposed to get on your health insurance premiums, especially for lower income families like that's set to expire. So health insurance is going to get really, really expensive, and this impacts all the self employed people out there. So if you are a couple, and you're both self employed, you don't have access to group health insurance, then how do you tackle this? It's a huge financial undertaking. Is to self insure when you're self employed, and there's we've done it kind of a unique way, and I'm not going to unpack that today, but huge financial implications on the whole insurance side,

Dan Slagle  28:43

just like the mental aspect of it too, going like, uninsured, like, it's not comforting, right? Like, right? It's either like you're forced to pay, like a an example, like an $800 monthly premium, which is and you're maybe used to when you're in w2 like having your premium paid for by your employer, so then you have an $800 added expense in addition to starting your your business or not making as much income. And then the alternative is, well, if I just don't carry insurance, then I'll just test my luck, right? Yeah, so it's like, that's something I'm I still deal with to this day, is like, I don't feel comfortable, like, if something were to happen based on, like, certain coverages because of cost. And so it's a heart it's hard, right? Like That all leads into personal conversations too, right?

Natalie Slagle  29:36

Like, okay, are we going to pay for the more expensive plan in case a huge cost comes up. But that means, just from a cash flow perspective, we're going to have less because we have to pay so much money to have access to this plan for an event that we have no idea is going to happen. It's really big implication there. I think the last thing of the financial implications is. So it kind of ties back to the personal implications, and that's goal setting, I guess, specifically now I'm going to talk about financial goal setting. But when you work with your partner like you get to create those financial goals together, and you also get to hit those goals or miss those goals together as well, right? And so you you'll have your business financial goals, and then you have, like, Okay, if you're hitting your business financial goals, my guess is that also means you're hitting your personal financial goals if you set out. Because I feel like that's what we do first is we set our business financial goals, and then we go to our personal financial goals, and if we don't hit our business financial goals, we're not going to hit our personal financial goals, and that's just the joys and non joys of that.

Dan Slagle  30:48

Yeah, I still can't advocate enough if you and your partner are in a position to work together, the pros or the benefits definitely outweigh the cons or the costs of it, just because, like, and we've, we've been doing it for six years. I don't know if that's a long time or not in this day and age, but what stands out, like, very clearly, are more of the positive experiences that we've had with this. And I love that we went behind the scenes to share, like, what the some of the personal implications have been and and also how it impacts us financially, because the The truth is, like, for a lot of self employed couples that we work with, like the primary focus is either on business or on personal. It's not on both. And the reality is that both drive like their own individual paths, right? So like, what I mean by that is like your business, if you're solely focused on your business, well then you're you're not even thinking about your personal and at the end of the day, like unless you plan to have an exit strategy with your business, like you're not taking care of your personal self. So fast forward 3040, years. If you don't have an exit strategy or like evaluation, or a buyout or something big like that. Well, you're not setting yourself up for success on the personal side, right? So it's about balancing the the two out that I think is is most

Natalie Slagle  32:09

important. Yeah, and just like being you have to be your number one advocate in both spaces. Would you do it all again?

Dan Slagle  32:17

Yeah, in a heartbeat. Tell me more. Why would I do it all again? I look back at, like, even though the first, like, few months, first year, first two years of when we did it, and like, I don't think I would trade that time for anything else in the world. Like, we started our business. We, like, officially launched in 2019 October, 2019 so right before the pandemic, and I know the world was completely different, but I just had such amazing experiences during that time. In terms of, like, we had more flexibility. We were able to travel to certain locations that we always wanted to and, like, remember being on a train in Europe and being like, I don't even have to check my work email right now. Like, this is incredible. I have no responsibility in my life except for taking care of Natalie, who's next to me, so we're good. And then I, you know, during the pandemic, like you and I were working at, like, I was working at a running store, you were working at a grocery store, right? And like, we didn't need to do that, like, in hindsight, looking back at that, because I think we had saved enough to live off of, but it was still a good avenue for us to have some time. I think away when you're working with your spouse, it was, like, it was good to have some a little bit of separation. And we met, we met, like, really cool people during those jobs. And I like, there was so much excitement to that, like, in that time frame, yeah, I wouldn't change it for the world. And obviously, like, fast forward to to now, like, life looks a lot different. The clients we work with look a lot different. Or there's a lot of our clients who have been with us since 2020 which is incredible. And like, also those relationships, seeing like, where people were six years ago and where they are now. Like introducing, like kids, multiple kids, like moving across the country, buying homes, like all these crazy things that are happening in their lives, and like, we get to be a part of it. So I wouldn't trade it for the world.

Natalie Slagle  34:12

Me too. It's pretty great. Cool. All right.

Dan Slagle  34:15

Natalie, thank you. Bye. Bye. Hey. If you've enjoyed this episode and are looking for personalized financial guidance, schedule a free complimentary consultation using the link in the description below, Natalie and Dan Slagle are the founding partners of Fyooz Financial Planning, a registered investment advisor. The information provided in this podcast is for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any securities. Investing involves risk, including the potential loss of principal. Advisory services are offered to clients or prospective clients, where Fyooz Financial Planning and its representative. Are properly licensed or exempt from licensure. For more information, including our disclosures, please visit our website@www.fusefinancial.com.

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