Navigating Different Money Mindsets & How To Have Conversations About Finances In Your Marriage With Elliot Schwartz
Powerhouse Women
Lindsey Schwartz
4.9 • 912 Ratings
🗓️ 22 June 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
My husband Elliot joins me today to dive into one of our favorite topics — marriage and money. We discuss our perspectives on how to have conversations about finances with your partner, understand each other's communication styles, and find common ground. We explore ways to navigate scarcity versus abundance mindsets and the challenges you may face when one partner transitions into entrepreneurship while the other wants job security. We encourage you to embrace the differences in your money mindsets and work together to find balance and shared goals.
In this episode we talk about:
- (2:16) Tips for initiating conversations about money, investing, and creating wealth
- (7:18) Navigating competing money mindsets
- (12:38) How to tell your partner you want to transition into entrepreneurship
- (18:10) Ways to help your partner unlearn their conditioned risk tolerance and beliefs about generating wealth
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Transcript
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| 0:00.0 | I have to be okay with. This is a learning process and I believe in her and she's going to go do the best she can and I'm unattached to the results. |
| 0:07.4 | At least we have a plan. At least we're executing. At least we have each other to support each other through this. |
| 0:13.1 | And I think that was the most important part for me just to see that we had a plan to execute on. |
| 0:20.0 | Welcome to Powerhouse Women, |
| 0:22.6 | the podcast for women who know they are ready for more. |
| 0:26.6 | I'm Lindsay Schwartz, your host and the founder of Powerhouse Women, |
| 0:30.6 | and together we'll unlock the confidence and clarity you are looking for |
| 0:35.6 | to help you get out of your own way and into action around your next big |
| 0:40.7 | idea today we are talking marriage relationships and money those are actually some of our |
| 0:53.2 | favorite topics to talk about. |
| 0:54.5 | It really is. |
| 0:55.0 | I brought my other half, my buffer half. |
| 0:58.7 | Some would say my more handsome half, |
| 1:01.0 | that some meaning me, |
| 1:02.6 | to this conversation, |
| 1:04.1 | because sometimes it's helpful to get a partner perspective, |
| 1:08.5 | a male perspective, |
| 1:09.9 | a just a different perspective on these issues. |
| 1:13.7 | And while, you know, we've worked a lot and we have a lot of similarities in our money mindsets now, |
| 1:20.5 | that hasn't always been the case. |
| 1:22.5 | We've both grown and we've grown at different paces. |
| 1:25.1 | But we're going to break down some of the questions that came in |
... |
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