I tend to think mostly in terms of mathematical relationships. That’s why I spend so much time writing about things like expense ratios, the costs of index funds as compared to ETFs, ways to save on taxes, and so on.
Of course, investing–and the broader topic of personal finance–isn’t just about math. It’s about emotions like greed and fear. It’s about making sure your actions line up with your values and goals.
And, if you share your money with somebody, it’s about learning to work out your differences in ways that leave you both, if not thrilled, then at least satisfied.
But I don’t often write about such topics because:
- I’m not very good at explaining them, and
- I don’t have any particularly insightful thoughts about them.
My friend Neal, however, tackles them everyday both with his clients–he’s a CFP–and on his blog. (Related note: this 3-minute video is my all-time favorite Wealth Pilgrim post.)
“Money School for Couples”
Neal just released a new product called Money School for Couples. It’s a “series of 10 videos, exercises, downloads and white papers to help couples make money a non-issue in their relationship.”
(For those curious: I don’t receive any compensation if you purchase Neal’s product.)
Neal and I don’t agree on everything. For example, our investment philosophies are quite different. As you’ve probably noticed, I’m pretty set in the “index funds and ETFs only, no exceptions” camp. Neal isn’t.
However, I’m confident that Neal really knows his stuff when it comes to the myriad of ways in which we interact emotionally with our finances.
If you find that money is a frequent cause of stress or arguments between you and your significant other, I’d suggest checking it out.
Two last notes:
- Jason from Frugal Dad interviewed Neal about Money School for Couples. If you think you might be interested but aren’t really sure you want to fork over your cash, the interview will probably be helpful for deciding.
- This isn’t a $500 course type of thing. Neal’s priced it quite affordably (currently $27 for the whole kit and kaboodle, though my understanding is that he intends to raise the price in the near future).
New to Investing? See My Related Book:
 |
Investing Made Simple: Investing in Index Funds Explained in 100 Pages or Less  |
- Asset Allocation: Why it's so important, and how to determine your own,
- How to to pick winning mutual funds,
- Roth IRA vs. traditional IRA vs. 401(k),
- Click here to see the full list.
A Testimonial:
"A wonderful book that tells its readers, with simple logical explanations, our Boglehead Philosophy for successful investing." - Taylor Larimore, author of The Bogleheads' Guide to Investing
I think that this is a good product. And one that should probably be considered early on in a relationship that is going the way of some sort of long-term commitment/living arrangement. It would have been nice for my husband and I when we first got married!
Mike,
Thanks a trillion for the write up. Really kind of you.
And I have hope that over the coming decades I’ll be able to bring you around on the investing….
BTW, I also wish there was something like MONEY SCHOOL when I first got married. But I was too stubborn to know I needed it then…..
Comments on this entry are closed.