The Money Pig Podcast
The Money/Financial PIG Podcast brought to you by Goodwin Investment Advisory where our Mission is to lead people to Financial Peace, Independence and Generosity.
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The Money Pig Podcast
What Couples Talk About When They Talk About Money
Episode 53 - What Couples Talk About When They Talk About Money
Description
Money PIG Host, Reid Trego is joined by Tim and Maureen Goodwin for insights on discussing finances within couples, focusing on security, stress reduction, and emotional considerations. They emphasized the impact of past experiences on present financial attitudes and the importance of open communication to prevent conflicts and foster trust. Key points included avoiding consumer debt, maintaining an emergency fund for peace of mind, and regular net worth tracking. Practical budgeting advice involved strategies like using YNAB or spreadsheets.
Attendees shared personal stories of debt struggles and childhood money-related traumas, highlighting how emotions influence financial decision-making in relationships. Pro tips suggested addressing spending triggers linked to past traumas for a healthier financial approach. The future objectives revolved around financial freedom through responsible budgeting practices and promoting generosity towards others. Participants were encouraged to take concrete steps throughout the year to enhance their financial well-being in alignment with individual goals.