If you and your partner don’t see eye-to-eye about money, you’re not alone. Most people in a relationship report feeling stressed and having perpetual arguments about spending habits and savings goals. On this episode of WealthBeing, Travis and Derrick ask Richard Routledge, family therapist and clinical supervisor at Arbour Counselling Centre to help us understand why couples struggle to maintain financial peace.

1:45 – Money Problem: Travis’ clients were constantly fighting over money. One a spender, the other a saver. Conflicts often arose during financial planning meetings.

2:22 – Expert Examination: Derrick, Travis and Richard discuss what’s behind common financial conflicts between partners: 

• why the subject of money leads to conflict between couples;
• perpetual conflicts related to finances;
• the politics of shared finances;
• handling conflict around money habits;
• the role of gender and power on financial behaviour;
• getting past differing financial expectations;
• book recommendations from Travis;
• how to talk about money with your partner;

22:18 – Weekly Financial Fix. A couples challenge to help you recognize what’s working, and what needs some work, when it comes to your finances.

If you have an un-diagnosed financial concern or want to better understand a financial subject, send us a question and we will consider it for a future episode. You can reach Travis and Derrick at [email protected] or visit islandsavings.ca/wealthbeing