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CRAFTED Millionaire

405 | Why Your Relationship With Your Spouse is Hurting Your Financial Freedom

CRAFTED Millionaire

Cayla Craft

Entrepreneurship, Mental Health, Education, Self-improvement, Business, Health & Fitness

4.91.3K Ratings

🗓️ 10 June 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

It is absolutely crucial to be on the same page as your spouse. This is true for many aspects of life, but in this episode, Cayla hones in on the topic of financial freedom. Your relationship with your spouse could be hurting your financial freedom for a few different reasons. What are these reasons and how can they be mended to get on the same page moving forward?

Cayla gives actionable tips in this episode to have a possibly difficult conversation with yourself and your spouse. There may be some things that you need to change and that your spouse may have to change to better your finances. Did you know that 50% of divorces are because of financial problems? Listen on to find out how you can avoid these problems and communicate about finances effectively with your spouse.

You will learn:

  • [1:54] - We’ve had conversations around spouse relationships before, but not about finances.
  • [3:11] - Two-thirds of spending is done by women but large purchases are driven by men.
  • [4:36] - Communication is number one.
  • [5:27] - Kids pick up on energy, especially tension. 
  • [6:54] - How can you openly talk about your financial freedom?
  • [8:40] - When you can’t seem to get on the same page, bringing in a third-party perspective can be very helpful.
  • [9:30] - 50% of divorces end because of finances.
  • [11:22] - In order to go to the next level, who do you need to help you?
  • [12:52] - Cayla describes her and Chase’s desire to increase their net worth.
  • [14:30] - Downsizing for a little while might be the right decision for them to reach their goal. Cayla explains why having someone other than your spouse to hold you accountable.
  • [16:01] - There are some things that are non-negotiables.
  • [17:12] - Be careful who you surround yourself with.
  • [18:31] - Have a conversation with your spouse to get this ball rolling.

Find Cayla:


Transcript

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0:00.0

You've got to learn how to get on the same page as your spouse.

0:04.7

How do you get on the same page with your spouse?

0:06.4

You've got to practice number one, communication.

0:09.6

Communication about what do we want our life to be like?

0:13.7

What is it that we want to be doing when we're 40, 50, 60, 70?

0:19.2

How do we want to be spending our time with our kids when we're empty nesters?

0:23.2

What do we want our grandchildren's life to be like?

0:26.2

You know, how do we want to impact the world?

0:29.2

Get on the same page.

0:30.3

You know, we're all driving somewhere every single day.

0:33.5

Let's make sure as a husband and a wife,

0:35.6

we're driving in the same direction.

0:40.4

Hello and welcome to the Mommy Millionaire Show.

0:44.0

This is your host, Kayla Kraft.

0:46.0

I am a mom of three.

0:47.8

Multi-millionaire master, life coach, and money mindset queen.

0:52.9

I am so happy and thankful that you're here.

0:55.9

I am actually on a mission to help one million women

0:59.0

make a million dollars or more a year that could be you.

1:03.9

Every week I'm bringing you inspiring stories to help you

1:08.0

feel empowered to broaden your horizons,

1:11.3

to gain clarity and strategy on living your best life.

...

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