Elle Martinez from Couple Money joins us to talk about the HOW of talking about money with your partner.
Elle says to avoid talking about numbers when you first start a conversation about money.
Instead, talk about your goals. The goals will lead you to the decisions you make about how money is spent and saved, which then leads into a discussion about the numbers.
She also says it’s healthy to go on Money Dates. Elle and her husband leave the kids with a baby sitter and go to a nice restaurant. They don’t whip out the budget but they do talk about what happened the previous month, where they are on their path to reaching their long and short term goals, and where they can make adjustments.
A hot topic between couples, and our panelists, is the role a financial advisor plays in a couple’s finances. When you do bring one in to the “relationship”? All that is discussed in this episode of the Money Tree Podcast.
Today’s episode is sponsored by BUZZ Index
Today’s guest, Elle Martinez:
Elle and her husband didn’t start out money-masters. They’ve learned how to manage it together. Now she writes and podcasts about personal finance for couples. You can find Couple Money here:
For a quick bio of each of our show participants, head on over to our panelists page.
About our sponsor, BUZZ Index
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Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.
Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.
Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.