Money Talk Matters

Posts Tagged ‘communication’

Let’s have some fun with truth this post. Prepare yourselves because it could hit some hard and others will read it and still not do anything.

When our car breaks down, the first thing we do is call a mechanic or take our car to a mechanic.

When we do not feel well, we go to the doctor.

When our vision is blurred or we think we are not reading clearly, we go to the eye doctor.

When we do not hear clearly, we go to an ear doctor.

When we have financial challenges and are making financial mistakes, look at what happens:

1) Because of embarrassment, we do not talk to anyone. Consequently we make even more mistakes.

2) We attempt to ignore the problem, thereby ruining our credit.

3) If in a marriage, we point the finger and blame the other spouse. Which causes anger in the relationship and causes stress.

4) Our work performance deteriorates because we are constantly thinking about our lack of money to pay the bills.

5) If you are single and have borrowed money from friends, we stay away from our friends.

6) Money problems lead to divorce in marriage because there is a communication breakdown.

7) We do not talk to anyone for fear of being judged.

Yet in every situation prior, we consult the most likely person who has the expertise to fix the problem or provide recommendations on solutions.

Why not in finances? Do you like where you are in your finances today? Or, do you want to make a change? If you want to make a change – Dr. Taffy is in the financial house and ready to help you.

You have to do something different in order to get better results. I know some of you will read this and agree with it, yet not take any action. I wish you well. But for those of you who take a stand today and say I want to make better financial decisions, get ready for your path to GREATNESS in financial achievement.

He spends, she saves. She expresses her concern when he spends and he feels that because he makes more than she does, that its okay. Then she’s left feeling as if what she has to say does not matter. Then she resorts to calling her girlfriends and fussing about her husband because he spends when they need to be saving. She loves him but sometimes he makes her sooo mad by spending money that she has already allocated to something else. When she tries to explain to him that money was for a bill – it goes in one ear and out the other. What is a wife to do?

Does the above scenario sound like you or someone you know? How long has this been going on? Clearly there is a money communication block when it comes to the husband in the scenario. More than likely when she is attempting to convey her concern about the money, she is doing it out of anger or frustration instead of a financial goal for the marriage.

Wonder what would happen if the wife went to the husband and shared a financial goal that she has for the money in their marriage. Of course, the financial goal benefits both people and is not one-sided. When she shares the goal and the steps it take to get there, the husband could see how it is mutually beneficial and the extraneous spending stop. You won’t know until you try. If you have set mutually beneficial goals for your marriage, this could be a starting place.

Tip: You won’t know until you try. Break down the communication block today.

If you are a married couple and would like to learn how to communicate with your spouse about money for the benefit of your marriage, send me an email today at drtaffy@moneytalkmatters.com . Let’s remove the communication block together and start you on the journey of communication openness and mutual financial goals.

I am sooo thrilled at all the articles that are coming out regarding money and  marriage. It is in the best interest of the bride and groom to talk about money prior to walking down the aisle. If they have not talked about it in depth, at least beginning the discussion will give them some idea what they are in for.

When people are preparing to wed, they are sooo caught up in the planning and excitement of a wedding, they forget about “The Marriage”. I encourage you today to take that son or daughter, niece or nephew aside and say it is important that you begin talking about money with your soon to be spouse.

Look at this recent article: Get fiscal before you wed

Money is the top reason for divorce and there is no reason that your marriage should become a divorce statistic. Take the time and learn the important skill of communicating about money which can sustain your marriage. If it is hard for you to communicate verbally in the beginning, then write your soon-to-be spouse a love note and begin sharing with him or her about your finances.

The plus side to this is that you are beginning to share and be honest in an area that can cause division, separation and eventually divorce. Take the step today to begin the Money Talk.

If you are a parent, relative or co-worker and know a bride or groom preparing to walk down the aisle, encourage them to begin talking about money beyond the wedding day. Marriage should be for a lifetime.