The Suzanne Venker Show

152. MONEY & MARRIAGE SERIES: What Millennials Get Ridiculously Wrong About Money and Marriage

12 snips
May 3, 2022
Explore the common misunderstandings millennials have about marriage and finances. One in five couples cite money as their biggest relationship hurdle. Discover why waiting for financial stability before marriage might be misguided. Learn how teamwork trumps roommate dynamics for financial success. Research shows couples who pool finances enjoy greater satisfaction, debunking myths about personal financial independence. Open communication about money can strengthen relationships, addressing fears and fostering intimacy.
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INSIGHT

Millennials' Money Mindset Flaws

  • Millennials struggle with money in marriage due to a mindset of financial independence and separate finances.
  • They often avoid combining money fully, which contrasts with previous generations' approaches.
ADVICE

Be a Team Financially

  • Treat marriage like a team effort: use 'we' and 'ours' instead of 'his and hers.'
  • Pool finances and make major money decisions together for true partnership.
ANECDOTE

Roommate Mentality Example

  • Charlotte and her boyfriend split chores and finances, keeping separate accounts to maintain independence.
  • Their arrangement shows a roommate mindset common among many millennials about money and marriage.
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