Navigating Financial Pitfalls in Relationships

For this week's Left Brain Thinking podcast we welcomed Vince Carter from the CFO at Home Podcast. Vince specializes in helping folks navigate the financial challenges that inevitably reveal themselves in any relationship or family. On the podcast, Vince gives us his views on personal finance in the context of family. We talk about how most people's opinions about money are formed at an early age, which creates complications as partners attempt to marry their "Money Stories" to attack their shared financial goals. Vince shares with us how couples can bridge the gap between spouses who have different levels of competence in financial matters to get buy-in from both parties on important issues like family budgeting. We close out the show by hearing Vince's thoughts on how parents can best instill good money values in their children by modeling the right financial behaviors and bringing them in on the reality of household finances. By being open about our financial decision making process, we can help combat the "money shame" that often leads to less than ideal financial outcomes for our children's education and, ultimately, our retirement. To learn more about what Vince does, check out his weekly podcast, which you can find at his website https://www.thecfoathome.com/