Tired of Money Fights? Uncover Understanding & Compassion for Your Partner’s Money Mindset
- February 13, 2020
- by Chelsea
Why You've Got to Listen to This Episode...
Talking about money with your spouse can be tough, especially if it hasn’t gone well in the past. Having the same life goals doesn’t necessarily mean you have the same financial goals or the same ideas about how to get there. Understanding your partner’s money mindset is key to learning how to handle money as a team so you can reach those goals together.
Today’s guest, Elle Martinez, creator of the Couple Money podcast and author of Jumpstart Your Marriage and Your Money, knows first-hand how challenging it can be when your spouse has different money beliefs. When she and her husband got married they were surprised to find that they were complete opposites when it came to money.
Elle started Couple Money as a way to document what was and wasn’t working as she and her husband worked together to pay down debt. Now she focuses on helping other couples get on the same page with money, dump their debt faster, and start on the path of financial freedom together.
What I love most about Elle’s perspective is that it’s all about learning to work better together as a couple. It’s not about blame—it’s about self-awareness and compassion and respect. If you work on understanding your own money mindset first, then your partner’s, it’s so much easier to create and stick to a plan that will take you where you both want to go.
Most of us think we know how our partner feels about money. But unless you’ve asked, you might be in for a surprise. Your money stories and beliefs are personal and unique to you and the same will be true for your spouse. In today’s episode, Elle shares how to start positive money conversations with your spouse so you can crush your financial goals together and truly enjoy the journey.
Don't Miss These Highlights!
- [06:31] Elle’s advice on where to start and why it’s not with the numbers
- [16:11] Questions you can ask yourself to figure out your own money patterns before talking to your spouse
- [25:27] How to ease hard money conversations when you’re already in crisis mode
- [31:42] How to come up with a debt payoff time table that works for both of you
- [37:18] What kinds of things to address on a money date
- [43:37] Chelsea’s Top Takeaways
Links & Resources Mentioned
Are Your Money Mantras Helping You Reach Your Goals?
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Connect with Elle
Elle Martinez is the creator of Couple Money, a community and podcast focused helping spouses get on the same page, dump their debt faster, and start on the path of financial freedom together!
She’s also the author Jumpstart Your Marriage and Your Money which takes couples through step by step how to set up an automated financial system that hits their biggest money goals without having to ton of time managing it!
Thanks to Our Sponsor!
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