SEATTLE — It's very possible to create an environment where money is a positive part of a relationship rather than a negative one.
Differing attitudes about spending and saving money can put big strains on relationships -- but It doesn't have to. Financial expert and author of "The Wealth Creator's Playbook", John Christianson, has some great tips to keep us united:
- Words or phrases NOT to say to a partner when talking finances
- How and why we need to agree on financial roles in the family
- How to making spending and savings decision and set lifestyle and budget expectations together.
- How to determine future priorities and define what success means to you
- How to make sure your values are in alignment
- How to work in blended families: "my money" vs. "our money"
One of the most important things to remember is to not be judgmental, according to Christianson. Try to not use phrases that might lead a person back to a time of anxiety or fear such as "let me handle that" or "you don't understand."
"We want to be thinking about empathy," said Christianson.
Christianson recommends going on what he calls "money dates" where couples sit down and really talk about their financial circumstances and roles. It can be eye opening to have multiple perspectives on money and open up an opportunity for conversation.
"You're in the game together," said Christianson.
Whatever the situation is, communication proves to be key.
Need somewhere to start? Take John's Money EQ Assessment to learn about your own emotional relationship with money.
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