Welcome to Finance and Fury

Today we are going to talk about relationships and money, and some strategies to start working as a financial powerhouse couple

We all spend money and we all have relationships

  • Doesn’t mean romantic relationships
  • How has your relationship with money been developed?
  • Did your parents talk about money around you?
  • A lot of your foundations are through things you picked up as a kid
  • Did you notice your parents ever fight about money?
  • Based on what you observed you might try and avoid conflict about money
  • What I was exposed to made a huge difference in my development
  • It initially was uncomfortable talking to others about money, but with time you get used to it

 

Relationships & Money 101

  • Compatibility helps a lot. Some similar goals and visions.
  • As a couple, you are meant to be greater than the sum of its parts
  • That means something bigger/better than you would expect from the individual parts
  • Think about a relationship in terms of an equation 1 + 1 = 3
  • If you have 2 people leading towards the same goals, you get a much better return.
  • Your finances allow you to live a certain lifestyle
  • What happens if you have differing values?

 

First step:

  • Work out your own personal inventory and your values
  • Get to know yourself a little better and use one of our workbooks
  • Look at your financial habits and how they are impacted in a relationship
  • Is there anything influencing your behaviour?
  • What is my personal experience?

 

Getting on the same page – What you can do?

  • Have you had a meaningful chat with your partner about money?
  • Talked about spending habits, savings habits and shared goals?
  • It needs to be a pretty focused chat around your goals
  • What gets in the way?
  • If uncomfortable, you might find it’s not as bad as you thought
  • Important to get all the baggage out of the way at the start
  • Create a list of shared financial goals
  • Accountability buddy – Helping each other keep on track of these goals

 

The most important part:

  • Talking about money with your partner
  • Delaying this will do you no favours
  • Relationships alone are a significant investment
  • The more you invest, the better the relationship gets
  • Are you both working towards your end financial goals?

Thanks for listening. If you liked it let us know with a rating or tell us over on the contact page.

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