Some people love managing their money, others dread it. And this is usually the case for couples… One partner is great at doing the accounting and managing the finances, while the other prefers to bury their head in the sand. Sound familiar? There are a lot of reasons for why this happens ranging from subconscious programming around worthiness and deservingness to finding numbers, spreadsheets, and related details just too tedious. The thing is, regardless of our preference, finances still need to be managed and they need to be managed collaboratively if we are in a relationship.
Money is a very important aspect of our adult life that provides security and awesomeness for us now and in our future… And it is up to us to find a way to make the best out of our money management in our relationship.
The key is to have awareness into our own relationship with money and money programming that might affect its management, and to have insight and knowledge into our partner’s as well.
The partners should know about each other’s financial histories, money management styles and strengths, and overall relationship with money. This is especially important information if your relationship is fairly new, and you are increasing levels of commitment…
Full transparency and accountability are a must for the couple’s healthy financial life. Regardless of what financial plans and systems they put in place, the key is to device these respectfully, collaboratively, and intentionally to ensure a secure financial future.
The partners might have different expectations, wishes, preferences, and desires about their finances and their future. But as with anything else in the relationship, this has to do with getting on the same page and working together to achieve shared goals.
When money impasses are encountered, please know this is usually not about the money itself. This has to do with your personal programming and your relationship dynamics. To move forward, focus on addressing the underlying patterns and don’t get stuck on the details of the situation and the circumstances. And mind the meaning you are assigning to what’s happening!
This is why Christine Luken, our Podcast Guest in our latest episode, shares that money is emotional. She offers wonderful insights on how to manage money in your relationship. Check out its video below!
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Emma K. Viglucci, LMFT is the Founder and Director of Metropolitan Marriage & Family Therapy, PLLC, a private practice that specializes in working with couples, she is the creator of the MetroRelationship™ philosophy and the Successful Couple Strategy™ that assist couples succeed at their relationship and their life. Stay Connected™ with Emma and receive weekly connection notes in your inbox with Personal Development and Relationship Enrichment insights and strategies, visit: www.metrorelationship.com.