survive financial tragedy

3 Tips to Survive a Financial Tragedy Together

Recently, Jerry lost his job. Shortly after that, his wife, Suzie, lost hers. Their bills were piling up. Their home was about to be foreclosed. Tragedy struck big time.

Call it a crisis or tragedy – it will happen. It’s not a matter of “if” but “when.” How do you work through the unexpected tragedy so you will stay together?

You can survive a financial tragedy together.  Here’s how:

1.  Embrace it

Don’t stick your head in the sand. It won’t go away. If you don’t face your tragedy head on, resentment will build. Bethany is a stage 3 breast cancer survivor and we had $125,000 in medical bills. As much as we wanted to, there was no where to run and hide. We had to embrace it or it would have paralyzed our relationship!

2.  Transparency to a point

It’s okay to talk about your fears and feelings but DON’T talk about them ALL the time. Usually one person in the relationship wants to do this – we are talking to you :-). Agree on the best time to talk about it. Morning? Night? What is best for you? Establishing this framework allows the person in your relationship that wants to talk about it all the time the security that it will be discussed as well as assuring the person who doesn’t want to talk about it that the subject won’t come up every day, ALL the time.

3.  Tis’ the season

Our grandparents and parents were married more than 50 years. You know they had financial tragedy seasons!! Remember, the financial tragedy you are going through is just that – a SEASON.  Couples that struggle together, stay together.  Remember it is only a season and you WILL get through it!

One final suggestion

List all four of the Money Personalities in your relationship. Then write down how each Money Personality is perceiving this tragedy. It’s a great way to look at the different perspectives of the situation and talk through how this tragedy is affecting each of you.

Protect your relationship during this challenging time. The tragedy is bad enough; don’t hurt your relationship too. Be sure to pick up a copy of The 5 Money Personalities: Speaking The Same Love and Money Language. It’s a great tool to help every couple who is striving to have a great Money Relationship.

We would love to connect with you through Facebook and Twitter. Here’s to making your relationship great and discovering the “other” side of money.

Make it Happen!

Scott & Bethany

9 thoughts to “3 Tips to Survive a Financial Tragedy Together

  • trudy & rodney hall

    I bought this book on cd from it is a real good book scott & Bethany I wish that you could go to the library of congress to recording for the blind I got my husband Rodney to listen to these 3 cd’s of the 5 money personalities in October of last year.
    yours truly
    Trudy hall

  • Keith allman

    Thank you for the information.

  • Janna Kasza

    This is fantastic info!

  • Pingback: Getting Through Difficult Financial Seasons… Together! | Freedom from Financial Friction

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  • Jina

    Good read. My husband and I always see to it that we have transparency when it comes to our finances. Just recently, he needed some parts for his vehicle and told me that he wanted to buy the things he need soon. He found some sites that are on sale or have discounted prices. He got a tonneau bed cover on sale and new tires that he got with free shipping.

    • The Money Couple

      Hi Jina,
      Thank you for your feedback. We are really happy you enjoyed the read. Transparency and communication are always a must in a relationship. It’s always great finding good deals on things when you can. Also understanding your Money Personalities and what role they play in your everyday life is vital too. If you haven’t taken the 5 Money Personalities Assessment I strongly recommend it.
      Have a great day!


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