Myth: I don’t need to talk about finances before getting married.

Summary: Julie Lawrence, CFP®, Lawrence Financial Planning, LLC Myth: I don’t need to talk about finances before getting married. Not talking about money is the number two reason couples divorce according to Marriage.com. But couples who discuss money matters regularly act as a team and report greater levels of satisfaction with their partners. In today’s episode, Kathleen and Julie Lawrence, CFP®, examine the myth that couples don’t need to talk about finances before getting married. Listen in and learn some tips for talking about money with your honey! Key Take Aways: <ul> <li>Julie shares how she facilitates the telling of each partner’s money biography (consisting of a list of open-ended questions) and how this strategy helps the couple she works with discover their respective money mindsets.</li> <li>Communicating honestly about your saving and spending behaviors can be challenging. But doing so can really help partners understand each other. You may not change your money behaviors, but together you can commit and work toward shared couple goals.</li> <li> Different strategies work for different money personalities. For example, if you are a spender, setting up an automatic savings withdrawal each month makes sense. If you don’t see the money, you won’t spend it! </li> </ul>Julie Lawrence, CFP® opened <a style="color: #000000; text-decoration: underline;" href="http://lawrencefinancialplanning.com/">Lawrence Financial Planning</a> in 2009. She has more than 28 years of experience in finance and management and holds a B.A. in Management from National Louis University. Julie has been quoted in Financial Planning magazine, Investment News, NAPFA Advisor magazine, the Saint Petersburg Times, MSNMoney.com, the Chicago Tribune and FinancialPlanning.com. She serves as a mentor for new ACP financial planners and is an active member of NAPFA. Julie has lived in Florida since 1977. She has three children. In her spare time she practices yoga, walks, and goes kayaking.

Myth: I don’t need to talk about finances before getting married.

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