Financial Abuse, Prenups, And Facing The Scary Realities Of Relationships And Money
The Financial Diet
TFD
4.3 • 548 Ratings
🗓️ 25 July 2022
⏱️ 42 minutes
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| 0:00.0 | Hello, everyone, and welcome back to an all new episode of the Financial Confessions. |
| 0:05.0 | It is I, your host, Chelsea Fagan, founder and CEO of the Financial Diet and person who loves talking about money. |
| 0:13.5 | And something that has come up over and over again on this show is the intersection between money and relationships. |
| 0:23.4 | Now, we've spoken to other experts in the past on different aspects of this phenomenon. We've had therapists. We've had actually |
| 0:28.4 | other attorneys. But most of the time when we cover these issues, we receive some feedback from |
| 0:34.0 | you guys that you'd love a lot more of a deep dive into the nitty gritty of things especially like pre-ups and managing assets between partners and sort |
| 0:43.3 | of setting yourself up for a good and healthy relationship and in the event that it happens, |
| 0:48.0 | a good and healthy divorce. |
| 0:50.1 | Now, it's important to kind of talk about all of this holistically, because if you are planning to have a relationship that is mature and respectful and open, |
| 0:59.7 | it pretty much by nature has to include the possibility that the relationship may end someday. |
| 1:05.3 | But a lot of people just really don't like to think in those terms. |
| 1:08.7 | And in general, something that we've seen over and over at TFD |
| 1:12.4 | in all of the various research that we've done |
| 1:15.4 | and the content that we've created in the audience we've spoken to, |
| 1:18.5 | is that for a lot of people, not talking about money |
| 1:21.0 | can sort of start off as a bad habit. |
| 1:23.1 | Maybe you're nervous, you're a little avoidant, |
| 1:25.2 | you have baggage around money, which everyone does. |
| 1:27.7 | You don't want to scare the other person off or intimidate them. |
| 1:31.0 | And then it just sort of becomes a dynamic in the relationship. |
| 1:34.8 | And therefore, when it comes time to do things like get married, the idea of bringing up |
| 1:39.6 | something like a pre-nup can feel totally out of the, and again, scary, overwhelming, potentially alienating, |
... |
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