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Apple News In Conversation

Money ruins marriages. It doesn’t have to.

Apple News In Conversation

Apple News

News Commentary, News

4.61.3K Ratings

🗓️ 11 February 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

When it comes to love and money, the old adage is true: Opposites do attract. But with that can come a lot of disagreements over how to spend and save. In the latest episode of Apple News In Conversation, host Shumita Basu speaks with Wall Street Journal reporter Julia Carpenter about the challenges couples face when managing their finances — and what experts say about how to more successfully build wealth together.

Transcript

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0:00.0

This is in conversation from Apple News. I'm Shimita Basso. Today, how to talk to your

0:11.0

partner about money.

0:13.0

When it comes to money and relationships, the old saying is true. Opposites really do attract.

0:31.0

I think she and myself would identify her as the

0:35.0

spender and me as the savor.

0:38.0

I'm a savor. She's a spender.

0:41.0

Finances has been the greatest challenge in our relationship. I am the

0:45.7

spender. I definitely learned this for my mom. She was the spender. My dad was very

0:51.0

much a savor and he was holding it down.

0:54.1

I am in a marriage with a wonderful wife who does not spend money at all.

1:00.5

I am the exact opposite. That's just a little taste of our voicemail inbox

1:06.0

when we asked you to call in and tell us your opposites attract stories.

1:11.0

We'll hear more from all of you a little bit later. Now the research shows

1:15.7

that couples with different money habits tend to become more and more similar over

1:21.0

time. I know romantic, right? But in between now and then, being

1:26.8

with someone who is your financial opposite can be challenging. It might be the

1:31.9

reason that money is one of the top issues that couples

1:35.2

argue about. Talking about money is still so taboo. Talking about money with your partner,

1:40.1

a lot of people just immediately associated with fighting.

1:42.8

That's Julia Carpenter.

1:44.7

She covers personal finance for the Wall Street Journal,

1:47.7

and a lot of her focus is on money and romantic relationships. What we can accomplish together, what we argue about, what

...

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