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Money, Wealth and Relationships

Money, Wealth and Relationships

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In this episode, Dr. Libby Schanzmeyer explores the relationship between finances and relationships. She discusses six areas where a couple's financial situation can reflect their overall relationship: communication, shared goals, conflict resolution, financial stress and external pressure, division of responsibilities, and intimacy and emotional connection. Dr. Schanzmeyer emphasizes the importance of effective communication, trust, and cooperation in managing finances together. She also introduces a worksheet called 'Unveiling the Level 10 Life' that helps individuals assess their relationship with money and its impact on their overall well-being.

Takeaways

  • Effective communication is crucial in managing finances together.
  • Shared financial goals can enhance a couple's relationship.
  • Conflict resolution skills and commitment to the relationship are reflected in how couples navigate financial conflicts.
  • Financial stress and external pressure can put strain on a relationship.
  • The division of responsibilities and trust in financial matters can impact the relationship.
  • Intimacy and emotional connection play a significant role in sharing finances.
  • Examining one's relationship with money can provide insights into personal values and beliefs.
  • The 'Unveiling the Level 10 Life' worksheet helps individuals assess their relationship with money and its impact on their overall well-being.


CHAPTERS
00:00 Introduction
01:40 Communication
05:42 Shared Goals
06:39 Conflict Resolution
09:20 Financial Stress and External Pressure
11:52 Division of Responsibilities
15:25 Intimacy and Emotional Connection
17:12 Relationship with Money
18:26 Worksheet: Unveiling the Level 10 Life
26:55 Conclusion

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