The 5 Money Personalities: Speaking the Same Love and Money Language with The Money Couple, Scott and Bethany Palmer

The Dad Edge Podcast

Larry Hagner

Project, Self-improvement, Stevenson, Podcast, Edge, Education, Kids, Shawn, Family, Kids & Family, Fathers, Fatherhood, Community, Advice, Dad, Good, Health & Fitness, Children

4.8 • 1.5K Ratings

🗓️ 6 January 2020

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

Money is the number one cause of friction between couples. Out of the 50% of marriages that end in divorce, 70% of them end because of financial issues. This is a staggering number, but money in marriage is not something we are taught to navigate, and we don’t know how to show our kids a good example either.

Today we have The Money Couple, Scott and Bethany Palmer on The Dad Edge. They are financial advisors who got tired of seeing their clients’ marriages destroyed because of money. Together they wrote The 5 Money Personalities and The 5 Money Conversations to Have with Your Kids at Every Age and Stage.

Scott and Bethany reveal the 5 money personalities, the reasoning behind each one, and how we can learn to work with our spouse’s and our children’s money personalities. They also discuss how harmful it is to argue about money in front of the kids and how to use money language to actually bring your marriage and family closer than ever before.

(You'll also get a link at the end of the show to a money personality assessment for you and your whole family. Visit the show notes for the link to the test and receive a 19-page money personality report.)

For the show notes and exclusive links mentioned in this episode go to gooddadproject.com/248.

Join the Free Dad Edge Facebook Group at gooddadproject.com/group.

Apply for The Dad Edge Alliance at gooddadproject.com/alliance.

Transcript

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0:00.0	We are men. We are warriors. We are dads. Dads with a purpose. Dads with an edge.
0:10.0	We sharpen our skills so we can show up best for others.
0:14.0	We have one shot in life to be a dad.
0:20.0	Why not make it epic?
0:25.0	What's up guys?
0:29.0	What's up guys? Welcome to the Dad Edge podcast.
0:31.0	I'm Larry Hagner.
0:32.0	I am your host and founder of this show and thank you so much for being here.
0:37.0	Also, welcome to 2020. This is the first Dad Edge podcast of 2020 and this year the podcast turns five.
0:47.0	Five years old, so we're kind of in kindergarten I guess at this point.
0:50.0	The show I have for you guys, I'm going to start out with a question today.
0:54.0	And that question is, do you know what percentages of divorces actually end up in divorce due to financial issues.
1:04.2	And no, it's not 50%. Yes, the divorce rate is 50%,
1:08.5	but 70% of that 50% is due because of financial issues and
1:15.0	it's no secret that financial issues and stress cause more stress
1:21.0	and they wreak more havoc and issues when it comes to marriage
1:24.3	than any other issue there is. I think a close second is probably sex and intimacy
1:29.3	or lack thereof. So several years ago, Gary Chapman wrote the book, The Five Love Languages.
1:36.7	And if you haven't read that book, it's an amazing book, and it will literally change the way that you interact as a married couple because people have one or two, a primary love languages and a secondary.
1:49.0	And once you understand what your wife or your spouse, her love language and how she receives
1:55.4	love, it's a lot easier to love her in that way and to give her what she needs.
1:59.6	And guess what?
	...

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