In today's episode of Your Next Money Move, we explore our ideas on the combination of finances in the context of a marriage or committed relationship. This is a common question that arises and one that is well worth the attention. The truth is that there is no single correct answer and, through the right kind of inquiry, you can find a unique way forward that suits the parties involved, namely you and your spouse. One of the most important aspects of this task, especially when starting out, is having intentional conversations to set the stage for your decisions. We find that most of the difficulties that couples run into regarding money are more about how the topics are discussed than actual disagreements about finances. So, if you would like to hear a bunch of useful strategies and some of the ideas we have found most powerful for making progress in this realm of your personal and financial lives, make sure to tune in today!

Key Points From This Episode:

• Prioritizing intention and conscious decisions when answering this question.
• Conversations and arguments about money; common themes that we have seen.
• Why having separate spending allowances can be a very useful strategy.
• The ongoing money discussions that are necessary throughout a relationship.
• Playing to each other's strengths and making a fun activity out of budgeting!
• Understanding financial conflicts and the leading causes of these issues.
• Exploring some of the research on the subject of money and marriages.
• How we approach helping clients out of conflicts; scripts, new learnings, and more.
• Bringing retirement into these considerations and what this means in the short term.

Links Mentioned in Today's Episode:

Priority Financial Partners

Kansas State University

American Psychological Association

You Need A Budget

'15 Financial Questions Couples Should Ask Before Getting Married'

Derek Lawson on LinkedIn

Trent Porter on LinkedIn

Your Next Money Move on Instagram

Your Next Money Move on Twitter

Your Next Money Move