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NerdWallet's Smart Money Podcast

How to Have Difficult Money Conversations with Friends and Partners featuring Nicole Lapin

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 12 February 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Apply lessons from physical fitness to improve your financial fitness. Plus: how to manage money in your relationships. 00:21 This Week in Your Money: How can you achieve both financial and physical wellness? How can you stick to your goals when you face setbacks? Hosts Sean Pyles and Sara Rathner discuss achieving financial wellness by borrowing lessons learned from people working to achieve physical wellness. NerdWallet UK writer and spokesperson Amy Knight joins Sean and Sara to share tips and tricks on setting realistic goals, developing sustainable habits, and being patient with your progress. She offers actionable takeaways on how to achieve your financial goals, whether you’re hoping to create an emergency fund, clear credit card debt, or increase pension contributions. 10:44 Today’s Money Question: How do you talk about money with your romantic partner — or your friends? Why should you try to build a financially interdependent relationship? Personal finance journalist and podcaster Nicole Lapin joins Sean to discuss the delicate balance of finance in friendships and romance. They explore the importance of being cautious while open to trust, handling financial disparities among friends, and the significance of being financially interdependent as a balance between codependence and independence. They cover topics such as financial conversations evolving with the relationship stage, managing differing financial priorities, and supporting friends through financial challenges. You can listen to Nicole's podcast, "Money Rehab with Nicole Lapin," at https://podcasts.apple.com/us/podcast/money-rehab-with-nicole-lapin/id1559564016 In their conversation, the Nerds discuss: personal finance, financial wellness, fitness and finance, money management, budgeting, financial goals, emergency funds, credit card debt, financial habits, sustainable habits, physical fitness, relationship finance, financial conversations, estate planning, financial planning, financial interdependence, money and relationships, setting goals, financial discipline, financial dialogues, financial priorities, transparency in finance, financial disparities, money talks, financial infidelity, budget constraints, financial advisors, debt management, financial integrity, managing finances, awkward money conversations, love and money, fiscal fitness, and talking about money in platonic and romantic relationships. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:10.0

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0:15.0

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0:25.3

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0:27.0

Click or tap the banner to find out more.

0:29.7

If you've already abandoned your exercise resolutions for the year, fear not.

0:34.6

You still have what it takes to get financially fit.

0:40.0

Welcome to Nerd Wallet's Smart Money Podcast, a podcast where our goal is to help you make smarter financial decisions, one money question at a time.

0:48.8

I'm Sean Piles.

0:49.8

And I'm Sarah Rathner.

0:51.2

This episode, I talk with personal finance journalist and podcaster, Nicole Lapin, about how to

0:56.0

manage awkward money conversations in relationships.

0:59.0

But first, in our This Week in Your Money segment, we're all going to revive our fitness journeys.

1:03.9

At least when it comes to our money, unless you are listening to this podcast while taking a walk,

1:07.5

which sounds lovely.

1:08.6

We are joined by NerdWallet UK writer and spokesperson Amy Knight,

1:12.6

who's here to be our money coach for the day. Welcome to Smart Money, Amy. How's Life Cross the Pond?

...

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