Ep. 303: Differing Money Mindsets in Your Relationship
Money is a sensitive subject. For most of us, the way we think about, save, and spend money comes straight from our childhood and our parents’ habits. Then, when we start to factor in a partner’s money habits, things start to get even more complicated. Maybe one of you saves every penny, while the other loves to spend on the finer things. What we do know is that nothing changes if you don’t talk about it. So if you and your partner are in need of a Money-Mindset-Makeover, it might be time to have a few hard conversations.
Our money behaviors often come from childhood [4:08]
Savers vs. spenders [6:08]
The more you give away, the more you welcome in [7:11]
The value of saving and investing [10:52]
Abundance (with a plan) [11:44]
Know thyself [15:29]
Have a conversation about what works for both of you [17:41]
A balanced money mindset [22:00]
Money helps you enjoy your life [24:32]
Give yourself a buffer before you buy [27:26]
Out of sight, out of mind [30:59]
Needs, wants, and priorities [33:38]
Hiding spending from your partner [36:56]
Adding streams of income, just for yourself [39:57]
Single-income households [43:36]
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