We were pretty pumped to pick up a copy of the most recent Money Magazine and guess what??? The 5 Money Personalities book is featured! We couldn’t be more delighted to see a national magazine devoting their whole issue to Love and Money!! We highlighted some quotes that are full of tips for YOU. There is a money component to every decision. Bring some love to your money conversations today.
Here’s an excerpt from the entire article:
- Work off the facts. The majority of us marry our money opposites, says Taylor Kovar, co-author with his wife, Megan, of The 5 Money Personalities: Speaking the Same Love and Money Language. So if you’re a worrier and Saver, you may find it hard to understand why your free-spending spouse craves a pricey vacation. And she, in turn, may be frustrated by your claims that you can’t afford to take one. Remove the emotion from the discussion by looking at hard numbers to figure out whether your spouse’s spending is actually interfering with your ability to, say, build an adequate emergency fund or save for retirement.
- If so, discuss it, framing the conversation about the goal (a positive), not your partner’s errant ways. Yet you may well find that, while you don’t see the value in what your spouse is buying, there’s no actual financial harm to your family in the purchases. As Megan Kovar points out, judgments about spending go deeper than whether a couple can afford the purchases: “It’s really about having control and ownership of the money we make.”
Check out this infographic:
Will you join us in the fight for our relationships? We would love to hear your comments!
Make it Happen!
Taylor & Megan Kovar
The Money Couple