Recently, several Money Girl Podcast listeners asked for help with serious money problems in their relationship.
So, I interviewed two money and relationship experts and authors. Bethany and Scott Palmer (who are married) wrote a terrific book, First Comes Love, Then Comes Money.
In our conversation the Palmers give lots of tips and techniques couples can use to radically improve their financial lives and become closer as a couple.
In the audio interview, you’ll learn:
- If you should separate your finances when you have money problems
- How your finances relate to the “big picture” of your relationship
- The difference between a financial plan and a money relationship
- How to adjust your finances to avoid a relationship failure
- How opposite personalities should communicate about money
- The role money really plays in your love life
- What causes Financial Infidelity and how to avoid it
- Where to go for free resources about couples finances
Couples and Money Interview – Click Here to Listen!
Marriage and Bipolar Disorder. A coach is valid, but, there may be a complexity of issues like family dysfunction, as I found. I lacked the support of family and social network to support me and our 4 offspring.A coach in isolation of other professionals, would also be a mistake, in my opinion. The only other factor I would draw your attention to, is the one with Bipolar Disorder. She/he may not be compliant with the management of their illness; a whole nother ball game.All the love and loyalty to my (late) Bipolar Disordered, doctor husband did nothing to save our 27 year marriage to a man I had known for 31 years. It destroyed all my primary relationships along with my marriage. As a retired nurse, I have written my story to help others with my hindsight as foresight. To inform others so they don’t repeat my mistakes.”A butterfly landed an eagle”, is available from amazon.com. Please pass this book on to those still in their marriage/relationship with a partner with Bipolar Disorder; specially the severe kind. It just might save lives. Suicide is a real eventuality of untreated depression as was the end of my husband aged 55, in 2009.Often, children can be the casualties during child access after divorce. Thats why I moved on with my life after all 4 of my children were adults in 2004. I am happily remarried to a great man and write the sequel as it happens. It is going to take years to undo the lies of an unsound, disturbed mind. I hope the readers of your blog will be given the chance to read my book and learn from my mistakes. Thank you for the opportunity to leave my comment.
On the list of things Petri fails to address here is that a huge penalty for modern married couples is the “community property” requirement in Wisconsin (one of only nine states to retain it). In an age where both partners typically work and have personal credit, the less stellar financial history of one person directly impacts the other the moment they sign the license. I know several couples who cohabitate unmarried in large part because one doesn’t want the other’s debt or liabilities. Remove that penalty and see what happens.
Incredible work.Keep it up.I truly got inspiration through these video magazine.