Smart Money Parenting Money Talks in Your Marriage
What is the best way to talk about finances in a marriage? In today's episode, hosts Chad Willardson and Scott Donnell discuss the money conversations couples should have in a marriage. They break down simple ways to talk about money with your spouse and the essential questions you must ask your partner to understand their money mindset.
- Money conversations in marriage and the topics you should discuss with your spouse.
- Share your successes and mistakes as a parent with your kids. It doesn't scare them. It helps them learn and grow.
- Scott and Chad discuss the benefits of increasing the quality and frequency of your money conversations with your spouse.
- For Scott, you don't have to know everything about money to have productive financial conversations with your kids. You can always ask a friend or a mentor to talk to them over dinner.
- Scott and Chad cover creative money and finance-related questions you can use to understand your partner's money mindsets.
- For Scott, you don't outgrow your partner in marriage; you just grow apart.
- Chad and Scott agree that couples must have frequent conversations about money, especially if the goal is to stay together long-term.
- According to Scott, the best marriages work because couples are open and honest with one another.
- It's very normal to disagree on finances as a couple. Chad believes it's almost impossible to come from different backgrounds and share the same views about money.
Mentioned in This Episode:
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - https://www.linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - https://www.linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell