Wednesday Mar 01, 2023

6 | Is Financial Equality in a Relationship Important?

We’re your hosts Rebecca Brooks & Dylan Pollock - husband and wife -  in work and in life. In this weeks episode we're discussing Financial Equality!

Is Financial Equality in a Relationship Important?

What role does Financial Equality play in how you manage money in your marriage?

For most people when they think of Financial Equality they think of splitting expenses 50/50 or needing to contribute equal amounts financially to the relationship.

But in our experience as a couple, and of course as Financial Coaches, we have a unique perspective on Financial Equality and what really matters when managing money as a couple. In this episode we discuss managing your money together and how Financial Equality is more about equal involvement than dollar for dollar contribution.

TIMEMARKS:

  • Til Death do we Split the Check
  • Fair or Fear? 9:12
  • Red Flags 9:32 + 11:32
  • Relationship Role Models 10:35
  • Your Relationship is not a Business Transaction 13:22
  • Income and Gender Roles 15:21
  • Women Who Make More Money 16:00
  • Reduced to an Income 22:44
  • Keeping a Scorecard 25:31
  • Impact of Relationship on Money and vice versa 26:52
  • Equal involvement 28:36
  • How to Have Financial Equality 30:26
  • Client Story 36:26
  • Strengthening the Relationship 38:05
  • Parents as Role Models 41:16

 

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