Episode 329: Monogamy? In This Economy?

Sep 20, 2024

The complexities of managing finances in romantic relationships are tackled head-on. Discover why many couples are opting for separate finances, even in monogamous unions. Learn about the various financial arrangements that polyamorous individuals adopt. The conversation dives deep into how partners handle discrepancies in income and debt. Plus, uncover the surprising financial perks of having multiple partners. It's an enlightening exploration of love and money that challenges traditional approaches!

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Intro

00:00 • 4min

Navigating Finances in Relationships

03:40 • 14min

Navigating Debt and Financial Dynamics in Relationships

17:57 • 3min

Navigating Finances in Polyamorous Relationships

20:37 • 4min

Navigating Finances in Multi-Partner Relationships

24:59 • 5min

When romantic partners move in together, something they need to figure out is how to manage their finances. Will your money be shared or separate? And who will pay for what? These conversations can be tricky to navigate in general, but they become even more complex when you have multiple partners. In today’s episode, we’re going to dive into money management in polyamorous relationships. We’ll explore financial considerations for poly folks, the financial benefits of being polyamorous, and more.

I am joined once again by Laura Boyle, author of the new book Monogamy? In this Economy? Sue runs a blog called Ready for Polyamory. Her first book titled, Ready for Polyamory: A Pragmatic Guide to Consensual Non-Monogamy, was released in 2021.

Some of the specific questions we discuss include:

Why are more and more people (including monogamous couples) keeping their finances separate today?
What are the most common financial arrangements that polyamorous people make?
How can poly folks successfully navigate conflicts around money?
How do polyamorous people manage money when partners have drastically different incomes, expenses, and debts?
What are some of the financial advantages to having multiple partners?

You can learn more about Laura and her work by visiting her website. You can also follow her on the socials @readyforpolyamory.

Got a sex question? Send me a podcast voicemail to have it answered on a future episode at speakpipe.com/sexandpsychology.

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Credits: Precision Podcasting (Podcast editing) and Shutterstock/Florian (Music). Image created with Canva; photos used with permission of guest.