Life Kit 5 Ways To Rethink Money In Your Relationship
Aug 17, 2021
Amanda Clayman, a financial therapist, helps couples navigate the often-taboo topic of money. She discusses five key elements essential for fostering financial intimacy in relationships. Clayman emphasizes the importance of open communication about finances, even in casual dating, to build trust. She explores different financial management systems for couples, their benefits, and the importance of rebuilding trust after financial breaches. With practical advice, she encourages partners to create a shared vision for their financial future.
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Financial Equality
- Strive for equality in financial decisions, ensuring both partners have equal say.
- This applies even when there's a difference in income contributions or financial anxieties.
Inclusivity in Finances
- Ensure both partners participate in financial decisions, fostering inclusivity.
- Avoid one partner handling all finances, as it hinders connection and places undue risk on one person.
Transparency in Finances
- Maintain transparency by sharing financial information openly, avoiding secrets.
- Negotiated privacy is acceptable, but transparency about decision-making and access to information is crucial.
