Financial self-awareness, receptiveness, and understanding play an extensive role in setting the stage to make financial intimacy a possibility for your marriage. In addition to the knowing, there must be the “doing.” Financial intimacy is both a goal and a journey. The only way to attend to growing your financial intimacy in your marriage is through action. … [Read more...]
Financial Intimacy: Key Questions You Must Ask Before You Tie the Knot
I spent the majority of my twenties and the early part of my thirties scratching and clawing my way out of student loan debt, establishing my financial priorities, and aligning my spending with my values. So, when I started dating and being receptive to sharing my life with someone, I knew, for sure, that I needed a spouse that held similar financial beliefs to my own. I was … [Read more...]
Marriage and Money: 4 Easy Steps to Financial Closeness with Your Spouse
This is part of a sponsored campaign with Wells Fargo. All opinions are my own. Recently, I had such a wonderful time sitting on BMWK’s Financial Intimacy panel sponsored by Wells Fargo. Founders of BMWK, Ronnie and Lamar Tyler, strategically positioned this discussion as the kick-off event to their 3rd annual BMWK Marriage Cruise—to make it clear that financial connection, … [Read more...]
Financial Intimacy – What is It and Why Black Couples Need It So Much?
Of the many intimacies that we attend to and invest our energy into throughout the course of a relationship, financial intimacy usually is not at the top of the list...despite its impact on the day-to-day functioning and operations of a household. In order to have a healthy, trusting, and holistic marriage, though, we must pay close attention to how we are working on deepening … [Read more...]
Money Monday: 4 Financial Questions Married Couple’s are Neglecting to Ask Each Other
Quick, how much does your spouse make? If you don’t know the answer you’re not alone. According to a recent Fidelity survey, forty-three percent of couples could not correctly identify how much their significant other earned. This was despite the fact that 72% of the couples thought that they communicated very well or exceptionally well about money. Both men and women were … [Read more...]
Why Frugal Couples May Be Having Better Sex Than You
Nobody likes to hear the truth about the role that great money management plays in creating a happy and sexy marriage. But it does. If you take two couples with the same amount of income yet polar opposite approaches to money management, one couple being wealth conscious and the other being consumption conscious, you will see that they have different levels of peace, … [Read more...]
5 Questions You Must Answer To Build Financial Intimacy in Your Marriage
Marriage is not only an emotional commitment, but it is also a financial one. When you decide to share your life with another person, you implicitly agree to share in collective expenses, liabilities, and windfalls. Whether you are recently married, recently engaged, or are a seasoned married couple, make sure that your shared financial goals will safeguard your family’s … [Read more...]