054: Finding Financial Harmony in Marriage
Podcast Guest: Ryan Law
October 9th, 2023
Listen to the Show:
In this Episode
Ryan Law joins Dr. Dave Schramm and Dr. Liz Hale to discuss how partners can have a healthy money relationship. Ryan talks about the importance of regular financial planning
meetings and understanding your partner’s attitudes, beliefs and experiences with money.
“The opinions, findings, conclusions, and recommendations expressed in this podcast do not necessarily reflect the views of the Utah Marriage Commission.”
0:00 – Introduction: Who is Ryan Law?
2:32 - Why is money a common struggle in relationships?
3:38 – The Habitudes Quiz
6:27 – Tips for a healthy money relationship?
9:42 – When is the ideal time to talk about money?
11:42 – Financial Infidelity
15:20 – Monthly financial meetings
18:34 – Financial Goals
20:36 - Ryan’s Resources
21:49 – What is the key to a stronger marriage connection?
28:40 – Takeaways
Insights and Invites
Insights
“People will do things for reasons that make sense to them.” - Dave Schramm
"Today is the right day to start having financial conversations." -Ryan Law
"And it doesn't mean that one is right and one is wrong" - Liz Hale
Invites
- Sign up for Ryan Law’s email list.
- Schedule a monthly financial planning meeting with your partner to discuss what you
spent last month and make some guidelines for the next month! - Make a separate savings account for a specific fun financial goal! Ex. Disneyland trip,
backyard upgrade etc.
About Ryan Law:
Ryan Law is the Director of the Utah Valley University (UVU) Money Success Center. He is an award-winning educator who teaches the Financial Counseling courses as part of the Personal Financial Planning program at UVU. Ryan is a Certified Financial Planner™ professional (CFP®) and an Accredited Financial Counselor (AFC®). Ryan is the author of the books, “Student Loan Planning,” “Make Positive Changes” and co-editor of the book “Financial Counseling.” Ryan and his wife, Traci, have been married for 24 years and they live in Utah county with their 5 children.
Ryan Law Links:
Visit our site for FREE relationship resources and regular giveaways:
Facebook: StrongerMarriage.org
Instagram: @strongermarriagelife
TikTok: @strongermarriagelife
Dr. Dave Schramm:
Facebook:
https://www.facebook.com/DrDaveUSU
Facebook Marriage Group:
https://www.facebook.com/groups/770019130329579
Facebook Parenting Group:
https://www.facebook.com/groups/542067440314642
Dr. Liz Hale: