Money and Marriage: How to Have the “Talk”

If you want to stay married, or at least be happy in it, managing money and marriage is a must-have skill.

Few topics are as important as money and marriage. In fact, many studies say that financial issues are the leading cause of marital stress or even divorce!

Because the topic is so volatile, a lot of couples avoid it…at all costs. They never have the “money talk.”

That’s a mistake, and it doesn’t have to be as difficult as most believe it is. In this post we’ll look at:

• The opportunity that being able to talk about money is for couples.
• How men and women think about money differently.
• How that understanding can open the door to having “the talk” successfully.

The “Money Talk” Opportunity

A major source of financial difficulties is an inability to talk about money. On the other hand, studies show that couples that are able to work together financially are happier, and generally, have more assets and financial resources.

The first step in working together, however, is being able to talk about money and marriage so you can create a plan. Now this is a big topic…too big to handle here fully. Here’s an important tip that can make a big difference.

Understanding Perspectives on Money Makes All the Difference

Men and women approach money differently. For their part, men are all about winning. When they see a goal, they want to go for it, and therefore, tend to be more aggressive around money. Men seek the straightest line between where they are and where they want to be.

Women, on the other hand, often have their radar on the lookout for what’s not safe. From an evolutionary biology perspective, women bear the kids. They’re also not as physically strong as men. As a result, they’ve developed other skills for managing danger. One of those is to be prepared for it. They see the big picture and scan the horizon for potential threats.

Understanding the Differences Leads to Different Results