Welcome back to part two of our discussion on resolving financial tension between couples. In this episode, we’ll explore five more common areas of financial strain: emergency fund size, charitable contributions, handling inheritances, insurance needs, and financial management style. Stay tuned to learn how advisors like Nathan work to resolve conflicts in these areas as they arise.
Throughout this episode, Nathan emphasizes the importance of open communication between partners to understand each other’s financial goals, preferences, and concerns. He also stresses the benefits of seeking professional advice to help navigate complex financial matters and avoid potential conflicts.
Here are the reasons we talk through on today’s show:
- Agreeing on a number for your savings account. 2:28
- Being on the same page about charitable contributions. 5:11
- Deciding what to do with an inheritance. 7:01
- Having conversations about insurance and long-term care. 9:41
- How will you handle financial management in retirement? 11:40