No credit card sex talk

Studies from around the world show that people are more comfortable talking about sex, politics and death than their finances.

But if we can’t shake the money talk taboo with our partner, we’re putting that relationship in peril, research suggests.

Yet we largely remain silent on the subject until the shouting starts. “There’s a lot of money shame in our society,” says wealth psychology expert Kathleen Burns Kingsbury, author of the recent book “Breaking Money Silence.” “Individually, we all have a money mindset — how we think and feel about money — which affects our savings, spending, gifting and investing every day,” Kingsbury says.

“The problem is most of us are not aware of it because we don’t examine it.” If you want to talk openly about money with your partner, you first must get honest with yourself.

Most of our understanding about the effects of paying by cash vs.

As just one example, a large study spanning 60 countries found that consumers made a total of 417 billion cashless payments in 2014, up from 311 billion transactions just four years earlier (or a third more, in percentage terms).» MORE: Monitor your finances with Nerd Wallet To understand your own financial patterns without descending into despair and avoidance, take a deep breath and play armchair psychologist with yourself. really look at it with some emotional distance, like: ‘Why did I spend

As just one example, a large study spanning 60 countries found that consumers made a total of 417 billion cashless payments in 2014, up from 311 billion transactions just four years earlier (or a third more, in percentage terms).

» MORE: Monitor your finances with Nerd Wallet To understand your own financial patterns without descending into despair and avoidance, take a deep breath and play armchair psychologist with yourself. really look at it with some emotional distance, like: ‘Why did I spend $1,000 on Christmas gifts when I only had a budget of $500? Maybe you overspent to make up for the lean holidays of your youth.

Examine the situation as you would an interesting problem at work. Maybe, Kingsbury suggests, you got sucked into “all the psychology of buying tricks they do at the stores, or maybe you just weren’t feeling good and splurged.” If you can’t look at your own behavior with some detachment, you can bet those emotions will boil over when you and your partner open the bills.

Look for understanding, not blame, Kingsbury advises.

Scoring victories in money arguments with someone you love is like winning battles in a war you both lose.

||

As just one example, a large study spanning 60 countries found that consumers made a total of 417 billion cashless payments in 2014, up from 311 billion transactions just four years earlier (or a third more, in percentage terms).» MORE: Monitor your finances with Nerd Wallet To understand your own financial patterns without descending into despair and avoidance, take a deep breath and play armchair psychologist with yourself. really look at it with some emotional distance, like: ‘Why did I spend $1,000 on Christmas gifts when I only had a budget of $500? Maybe you overspent to make up for the lean holidays of your youth.Examine the situation as you would an interesting problem at work. Maybe, Kingsbury suggests, you got sucked into “all the psychology of buying tricks they do at the stores, or maybe you just weren’t feeling good and splurged.” If you can’t look at your own behavior with some detachment, you can bet those emotions will boil over when you and your partner open the bills.Look for understanding, not blame, Kingsbury advises.Scoring victories in money arguments with someone you love is like winning battles in a war you both lose.

,000 on Christmas gifts when I only had a budget of 0? Maybe you overspent to make up for the lean holidays of your youth.Examine the situation as you would an interesting problem at work. Maybe, Kingsbury suggests, you got sucked into “all the psychology of buying tricks they do at the stores, or maybe you just weren’t feeling good and splurged.” If you can’t look at your own behavior with some detachment, you can bet those emotions will boil over when you and your partner open the bills.Look for understanding, not blame, Kingsbury advises.Scoring victories in money arguments with someone you love is like winning battles in a war you both lose.

Leave a Reply