Save your marriage from financial infidelity
Your 'money personality' is key
- Duration 2:53
- Date Jan 8, 2013
Your 'money personality' is key
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-- have concern for married couples you.
Talking about the -- stuff money 70% of divorce to use site financial -- conflicts as a reason that they broke up so.
How can you make sure your family doesn't suffer the same thing Scott.
And Betsy Palmer now.
Dubbed the money couple -- -- financial advising co authors of the new book the five money personality speaking -- seem to love the.
And muddy language.
So you meeting with the -- and you're saying they get you they tell you that getting divorced.
And you thought it was one was cheating any other turns out it was because of money that's why -- financial infidelity.
What we find is that couples don't agree about money for 70%.
Of divorces are over money.
And so we've got to figure out a way to understand her differences.
Because we obviously Mary are opposites and have this money it's no different.
So even if money saver what is a spender there is a solution.
Absolutely we -- with -- money personalities and really what the goal was is to help understand why we look in deal with money the way that we do.
But as important why -- spouse looks in deals with the money that the way they do so that we can -- understand what's happening in that relationship.
Trying to understand that there's no right or wrong when he personality.
You are who you are don't try to change that person but just try to understand why they deal with -- and then forgot how to compromise.
So for example Scott and I are both primary spenders -- pace that we have no problems spending area.
-- -- -- To give money away to that secondarily -- opposite.
I'm risk taker and Scott the security thinker who do -- think we butt -- quite a bit when it comes to decisions it's interesting because money impacts.
Just about every decision you make yeah it's so interesting to understand -- differences and understand how those many personalities -- -- Came up with -- this -- vaccine that people can actually taken and you're diagnosed so to speak up one of these five pretty tightly.
-- Steve and I took the the -- -- says he has no mice in the intake there aren't there -- -- -- As far as creating -- -- spender from.
I -- up a risk taker -- -- I would I would assume that you might change who you are over the course of your life is that true.
Well actually we really believe it's -- DNA.
That you are really who you are -- -- wired from the beginning financially with your money personalities in the greatest example of that is our kids.
You can look at your kids and you can pretty much figure out apparently a spender are gas saver right timing as soon as they -- -- allowances what they're doing with that money.
My eleven year -- Applicants safe and I'm in the mistakes and you know.
I'll match you 5050 in a car when you get to sixteen and the way he's going he's it's -- -- some say.
Exactly -- got so much great information in your book is called the five money personalities of people would like to take the quiz where is it that many couple dot com.
Fantastic -- and radio shortly on the metal polymer.
Very nicely that thank you --