The Mental Health and Wealth Show is hosted by Melanie Lockert, author of Dear Debt and founder of Lola Retreat. The podcast covers all things money and mental health. On the show, Melanie interviews mental health professionals, financial professionals, and people who share their struggles with money and mental health.
http://mhawshow.libsyn.com/website
episode 35: Love and Money - How to Handle Awkward Money Conversations: An Interview with Erin Lowry
In this special Valentine’s Day-themed episode, we’re going to talk about love and money. I chat with my friend Erin Lowry aka Broke Millennial about having these awkward financial conversations with the people we love. Like what happens if someone earns significantly more than the other person? What do you do about debt? And we talk about the ‘P’ word - Prenup! Listen and learn the best ways to handle these difficult conversations with your partner.
“You should try to find somebody who compliments you when it comes to emotional spending patterns and saving patterns with money.” - Erin Lowry
Timestamps
4:59 - When and how you should get financially naked with your partner
10:48 - How to handle income disparity in your relationship
18:28 - How Erin and her husband, with different money mindsets, met in the middle
21:40 - Financial red flags to watch out for when dating
24:13 - Having a conversation with your partner regarding extending financial support to family member/s
25:49 - Erin’s advice on how to deal with money conflicts/fight in a relationship
34:15 - How does money impact relationships and what are perpetual problem/fights
37:35 - Why you need to talk about finances (like income-driven repayment) before marriage
40:01 - Why is there a stigma around prenup and why you should get one
48:26 - What Erin loved about her husband
Resources
- Broke Millennial by Erin Lowry
- Broke Millennial Takes on Investing by Erin Lowry
- Broke Millennial Talks Money: Scripts, Stories, and Advice to Navigate Awkward Financial Conversations by Erin Lowry
- How Your Attachment Style Affects Your Mental and Financial Health in a Relationship: An Interview with Ginger Dean of Loving Me After We
- Brad Klontz
Connect with Erin
- brokemillennial.com
Connect with Melanie
- mentalhealthandwealth.com
- melanielockert.com
- Contact: mentalhealthandwealthshow@gmail.com
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Also, we host a Mental Health and Wealth Hangout every other Thursday over Zoom at 5 pm PT to chat about all things money and mental health. Join here!
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