It’s not just an old saying: When it comes to couples and money, opposites do attract. In fact, researchers at the Wharton School and Northwestern University found that while people hope to marry someone with a money style similar to their own, they more often than not marry their financial opposite.
Just sharing basic financial information with a planner can feel like giving up control and power. It requires really trusting someone whom you (typically) know only through a referral.
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The first time I sat down with a financial advisor I was 41 — and it was a big step for me. Although my husband and I discussed our investments, I felt incompetent and took no responsibility for decision-making. I was caught in Neverland — sounding assertive like modern woman, while acting out my role as Cinderella, letting Prince Charming rescue me and take care of our finances. Old messages are hard to shake!
The Money Habitudes (2003) cards can be used in a variety of marriage education programs to assist couples and families in evaluating their habits and attitudes toward money.
We’re all creatures of habit. Many of these patterns develop subconsciously, making them even harder to kick. Maybe you’re the type of person who always splurges on purchases after a bad day.