Love and Money: Let's Talk | Guiding You Forward
In this episode of the Guiding You Forward video podcast, we talk with Robert Steed, financial education manager at Mountain America Credit Union.
We cover the following topics:
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How to begin the money conversation
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Why the weight of authority matters
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How to communicate more effectively
We know that money can be a very tenuous topic between partners. Whether you’re married, living together or sharing an investment, figuring out how to talk to each other about finances can be a challenge.
Love and money
Why is it so hard to talk about money with those we care about? In this video, Robert explains how most conflict is about perception—after all, perception is reality, right?
It’s all about the weight of authority—do you and your partner share the decision-making authority equally? If not, resentment may be brewing.
How to get on the same page
If you don’t communicate well with your partner when it comes to money, maybe you need a different approach. Watch what Robert has to say about these key steps:
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Check your assumptions and ask questions.
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Listen and be willing to be transparent.
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Start with what unifies your relationship and values.
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Don’t start financial discussions from a point of conflict.
In the end, it’s important to validate each other’s experiences and be open to finding a better way!
