Life Kit Dear Life Kit: When money makes relationships murky
10 snips
Aug 28, 2025 Katie Gatti Tassin, host of The Money with Katie and author, shares her insights on financial literacy while Wendy De La Rosa, a behavioral scientist, delves into the psychology of financial decisions. They tackle the challenges of discussing finances in relationships, emphasizing the necessity of open communication. Topics include the emotional complexities of gift-giving among family, setting financial boundaries, and maintaining independence from parents. Their insights aim to empower listeners to navigate these murky waters with confidence and clarity.
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Money Is The Hidden Participant
- Money is a persistent, often unspoken participant in major life events and family interactions.
- Avoid treating money as peripheral; treat it as a central element to address during transitions.
Be Intentional About Family Gifts
- Decide whether you want to be a significant part of certain nieces' and nephews' lives and act from that value.
- Use low-cost gestures like calls, cards, gatherings, or shared experiences instead of unequal gift spending.
Relationship Issues Masquerade As Money Problems
- Relationship problems often masquerade as money problems, so reframe the question to address connection first.
- Ground decisions in values to reduce guilt and defensiveness when family criticizes your choices.
