The Rational Reminder Podcast

Episode 356 – Abby Davisson: How to Make Decisions About Money and Love

80 snips
May 8, 2025
Join Abby Davisson, co-author of Money and Love and founder of the Money and Love Institute, as she shares her insights on intentional decision-making in relationships. Discover her unique "5Cs Framework" for making wise choices about finances, household responsibilities, and life transitions. Abby emphasizes open communication between partners and explores crucial topics like equitable division of labor and proactive financial planning. Her practical tips and personal experiences offer a refreshing perspective on navigating life's important decisions.
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ANECDOTE

Book's Origin Story

  • Abby Davisson co-wrote Money and Love with Professor Myra Strober, who pioneered feminist economics and faced gender bias early in her career.
  • They combined research and lived experience to craft a decision-making framework from a Stanford course Abby took with her boyfriend.
INSIGHT

5Cs Framework Overview

  • Big decisions around money and love require shifting from emotional system 1 thinking to deliberate system 2 thinking.
  • Their 5Cs framework guides this to overcome biases and plan for long-term consequences.
ADVICE

Four Essential Couple Topics

  • Discuss four big topics early in relationships: money, career aspirations, children, and home preferences.
  • These conversations build communication muscle and prevent future conflicts or surprises.
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