Destination Marriage

Episode #42 - Finances - The Great Divide?

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Today’s episode is titled "Finances - The Great Divide"

Why are we doing this episode?

  • To help our listeners by share our own experiences and what we have worked on and worked through
  • It’s a real problem and a leading cause of issues and divorce in marriages:
    • Data from TD Ameritrade found that 41% of divorced Gen Xers and 29% of Boomers say they ended their marriage due to disagreements about money.
  • A study of more than 4,500 couples published in the journal Family Relationships states that arguing about money early on in your relationship, may be the No. 1 predictor of whether or not you’ll end up divorced.
  • Why is it such an issue?  Well, a study by Ramsey Solutions found that the stress created by the crushing burden of debt and the lack of communication in a marriage is a breeding ground for argument.
  • We also believe that lack of communication can create a distrust issue, whether perceived or real. 
    • Hiding money
  • Secret spending
  • Perceived power play

    • Topics we discuss specifically

    • How to start off on a good foot together as a team
    • Who is the spender and who is the saver
  • What’s Mine, Yours, Ours
  • Manage extended family expectations
  • Managing large purchases
  • How to successfully work through financial trouble 

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    Destination MarriageBy Tommy & Jackie Keiper
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