Posts Tagged ‘money communication’

The Love and Money Lifestyle Series Coming Together

Tuesday, September 13th, 2011
We are thankful for the support from so many people as we diligently work to bring to you the new Love and Money Lifestyle Series in January 2012 – a kit that is going to change the way couples think and deal with Love and Money. Below is the “Welcome Letter” that gives you a taste of what’s to come. Be sure to click on the top left corner of this Money Couple Minute and you can get a glimpse into the production… stay tuned, give us your feedback – we’ll be giving you more details over the next couple of months. Make it Happen! The Money Couple

The Welcome Letter to the New Love and Money Lifestyle Series coming January 2012

Tired of arguing about money? Sick of feeling like you have to lie about your spending? Ready to put an end to money disagreements once and for all?

Then you’ve opened the right box! We’re Scott and Bethany Palmer, the Money Couple. We’ve developed a whole new way for couples to think about and talk about their love and their money, and we can’t wait to share it with you.

For so many couples, love and money just don’t seem to gel. But we know that with the right tools, every couple can learn to stop fighting about money and start building a better future, one filled with closeness, connection, and all those dreams that drew you together in the first place.

Think of this box as your love and money toolkit. Use the 12 fun, energetic, and engaging sessions to rethink your approach to money – as individuals and as a couple. Over the next 90 days, you’ll learn more about yourselves, find ways to communicate about money without arguing, and develop a stronger, more committed relationship.

Starting your new Love and Money Lifestyle is as easy as 1-2-3:

Step 1: Grab your Love and Money Guidebook and a pen.
Step 2: Start with the Introduction and Session 1 DVD, then listen to a new session once a week for the next 12 weeks.
Step 3: Follow up each session with a few of our relationship building exercises and watch your lives change!

Along with the DVD series, you’ll find fun reminders of all that you’re learning – the Love and Money Game, Money Personality magnets, the book, CDs and two bonus DVDs to watch together or pass on to friends.

We’re so glad you’re starting this adventure with us!

Make it Happen!

The Money Couple
Scott & Bethany Palmer

Slash the Cash – Three Ways to Control Your Teenager’s Spending

Tuesday, August 30th, 2011
Teens know a lot about money. At least, they know a lot about spending money. But few people know how to help their teenagers manage their finances, particularly when it comes to spending.
Last year young shoppers spent over $170 billion – double the amount just 10 years earlier on clothing, food, music, and technology (reported by 20/20). If that sounds outrageous to you, consider these facts:
  • According to the JumpStart Coalition for Personal Financial Literacy, nearly a third of high school seniors reported having a credit card of their own or one co-signed by a parent.
  • In 2010 alone, more than 110,000 Americans under age 25 filed for personal bankruptcy. (Elizabeth Warren, Professor of Law at Harvard Law School).
  • 78% of college students have credit cards, according to student loan maker Nellie Mae. The typical student carries a balance of $3,200. One out of ten college students carries a balance of more than $7,800.

Here are three ways to control your teenager’s spending:

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

Begin With the E.N.D. In Mind

Tuesday, August 16th, 2011

One of the biggest mistakes couples make when it comes to money is to worry and obsess about finances to the point where it becomes all consuming. After all doesn’t every decision we make as a couple always come back to money? Why don’t we be intentional, talk about it, and get it out in the open so we can stop the fights, stop the questions and become closer as a couple. That’s why we advise you, as a couple, to plan regular conversations about your finances. We call them Money Huddles because they’re an opportunity to talk through your money relationship.

Before we dive into the details of the “Money Huddle” it is imperative to understand what a money relationship is. When you hear the words “money relationship” what comes to mind? If you’re like most couples, you might think about your budget, your retirement savings, or even the fights you have about money. But when we talk about a money relationship, we’re talking about something that goes far beyond your checkbook or bank balance. We’re talking about the way each of you think about and deal with money. Your views on money impact every decision you make as a couple from the big stuff like houses and cars to the mundane details like the kind of coffee you drink and the brand of shoes you wear.

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

The Money Couple’s Back-to-School Survival Guide

Tuesday, August 2nd, 2011

According to our research, back-to-school expenditures are second only to Christmas so the school shopping is a “biggie”. In addition to the tips below, be sure to read a recent article we were interviewed for – click here. Enjoy this time of year, keep your money relationship intact, teach your kids a thing or two and get your school year off to a great start:

  1. Decide who will do the school shopping.Clear communication will prevent doubling up on items, or worse, spending more than you need to! [more...]
  2. Involve your kids.The Money Couple is the first to admit that shopping for school supplies with the kids in tow can be less fun than a root canal. [more...]
  3. Start early.You don’t have to wait until the last week in August to gather school supplies. [more...]
  4. Talk about it.The Money Couple finds very few couples who ever talk about back-to-school spending. [more...]

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

4 Tips To Get Your Money Huddle Started

Wednesday, July 20th, 2011

One of the biggest mistakes couples make when it comes to money is to worry and obsess about finances to the point where it becomes all consuming. After all doesn’t every decision we make as a couple always come back to money? Why don’t we be intentional, talk about it, get it out on in the open so we can stop the fights, stop the questions and become closer as a couple. That’s why we advise you, as a couple, to plan regular conversations about your finances. We call them Money Huddles because they’re an opportunity to talk through your money relationship.

Set aside some time each month to look over your budget, pay bills, and dream about the future. Regular Money Huddles give couples a place to talk through your financial concerns and find ways to work through them together. And that means a lot less worry.

Couples often ask us how often should we have a “Money Huddle”? We say at least once a month.

Here are 4 steps to get you started to the perfect Money Huddle:

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

5 Tips to Moving Back with Mom and Dad

Tuesday, June 21st, 2011

Okay, this might not be how you pictured your future. You thought you’d graduate from college and head off to your money-making job, your great apartment, your new life in the “real world.” Instead, that job hasn’t shown up just yet and you’re heading back to Mom and Dad’s house.

Whatever your reason for heading back home after college, you are not alone – not by a long shot. It’s estimated that nearly 85% of college grads move in with their parents after they finish school.

For most graduates, this is a temporary situation. But no matter how long you plan to stay with your parents, it can be a tricky arrangement for all of you, especially when it comes to money. Believe it or not, your relationship with your parents includes what we call a “money relationship” – how you think about and deal with money as individuals and as a family. And if you’ve ever argued with your parents about money, you know that can create some stress.

But with a little effort, you can make this time with your family a smooth transition between college and the next stage of your life.

Here are five ways to make it work:

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

The Key To Craving Your Spouse

Tuesday, June 7th, 2011

Researchers have found that 70% of divorces are due to financial conflict.  We are finding that it isn’t the broken financial plan that is tearing relationships apart.  It is the bickering, the fighting and the grating on each other’s nerves that is.  How can you stop the fights, learn to understand each other in a whole new way and actually want to have discussions where money is involved?.

After all, doesn’t money affect every decision you make as a couple?

Doesn’t money affect where you go on vacation?
Doesn’t money affect the kind of wedding you give your daughter?
Doesn’t money affect where you work?
Doesn’t money affect where you buy your groceries?
Doesn’t money affect where you get your coffee?
Doesn’t money affect what grade of gasoline you put in your car?

In other words, how can you have a “Financial Relationship” (not a financial plan) that will bring back the passion in your relationship and will allow you to both feel heard?

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

Your Money Personality: The Risk Taker

Tuesday, May 24th, 2011

Every person has a distinct way of thinking about and dealing with money.  And in a relationship, those distinctions can be the difference between being on the same page about financial issues and having money be a constant source of conflict.  After all isn’t there a money component to just about every decision we make as a couple?  That’s why when couples ask us how they can stop fighting about money, the first things we tell them is to figure out their Money Personalities.

We’re using the next few Money Couple Minutes to dig in to each of the five Money Personalities we identify in our book, First Comes Love, Then Comes Money: the Saver, the Spender, the Risk Taker, the Security Seeker, and the Flyer.  We have learned that each person has two of the five Money Personalities, a Primary and a Secondary.   So keep that in mind as you identify what you and your partner are.

As you learn more about your Money Personalities, you’ll gain invaluable insight into the ways you and your spouse handle finances and find ways to stop fighting and start working together.

This week, we focus on the Risk Taker.

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

Your Money Personality: The Spender

Tuesday, May 10th, 2011

Every person has a distinct way of thinking about and dealing with money. And in a relationship, those distinctions can be the difference between being on the same page about financial issues and having money be a constant source of conflict. After all isn’t there a money component to just about every decision we make as a couple? That’s why when couples ask us how they can stop fighting about money, the first things we tell them is to figure out their Money Personalities.

We’re using the next few Money Couple Minutes to dig in to each of the five Money Personalities we identify in our book, First Comes Love, Then Comes Money: The Saver, the Spender, The Risk Taker, the Security Seeker, and the Flyer. We have learned that each person has two of the five Money Personalities, a Primary and a Secondary. So keep that in mind as you identify what you and your partner are.

As you learn more about your Money Personalities, you’ll gain invaluable insight into the ways you and your spouse handle finances and find ways to stop fighting and start working together.

This week, we focus on the Spender.

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer

6 Tips to Confirm Your Spouse is a Good Money Match

Monday, April 11th, 2011

This Money Couple Minute we are going to give you excerpts from a featured US News and World Report article. Many points (2-6) were written by Karen Palmer (no relation) and highlight steps to improving your money compatibility from yours truly…The Money Couple! We are excited to be getting an incredible amount of National TV, Radio and Web coverage as we educate couples around the world about the importance of “Love and Money” or in other words, having a good financial relationship.

Remember… we have “ask The Money Couple” available for you. If you have any financial relationship questions, just click here and we will personally answer them for you.

[Read the Complete Money Couple Minute HERE]

Make it Happen!

The Money Couple
Scott & Bethany Palmer