Personal finance is a funny term. As most married couples know, when it comes to money, it is no longer my money, or your money, it’s our money now. Research has shown that most couples avoid discussing financial issues because they feel it deters from the romance in their relationship. Hopefully, the information that you read in this section will create that spark that is needed to start those hard money conversations.
A firm financial foundation is needed to create the kind of success we are all striving for in our businesses. In order to get our houses in order for that success, couples need to communicate. A lack of communication, especially about money, can destroy a marriage and a business.
Personal finance conversations are not always simple or easy for most couples, at least in the short run. It requires that the both of you take a hard look at yourselves and your relationship with money, take 100% responsibility for your financial future, and then take the actions that will help you reach your financial goals. Let’s face it, it’s always easier to blame your financial circumstances on somebody else. But it’s so much more rewarding in the long run to take charge of your financial destiny and sculpt a future of wealth and abundance.
“Meet The Money Couple”
Bethany and Scott Palmer have been married for 10 years and have been working with each other since before they were married. They are not only partners in business, but they are partners in life also. They are both financial advisors, and they run Envoy Financial, a non-profit ministry that has been exclusively serving Christian ministries and their employees since 1989. Their new book, “First Comes Love, Then Comes Money: A Couple’s Guide to Financial Communication” is a MUST read for every couple.
by Sam Leccima and Shani Leccima