In today’s episode, we cover money and love with Abby Davisson. Abby is a social innovation leader and career development expert, was the president of the Gap Foundation at Gap Inc and a senior leader on the Environmental, Social & Governance team, and is the co-author of Money and Love: An Intelligent Roadmap for Life's Biggest Decisions.
Making big decisions in relationships can be intimidating, so what frameworks and strategies can you use to simplify the decision making process and how should you handle conversations around money and having kids with your partner?
What to Listen For
Introduction – 0:00
What proven framework should you use to approach major decisions about money and love in relationships?
Thinking about Consequences of Making Big Decisions – 19:06
How should you think about the consequences of decision making?
How do you know if you want to spend the rest of your life with someone?
Relationship Compatibility – 29:26
How can you find out if you are compatible with your partner in the long term?
How do you approach the conversation of having kids with someone you just married?
Divorce and Money – 48:30
How should you approach the conversation around money when you’re thinking about getting married?
Making major decisions about relationships can be daunting, but if you break it down with a framework and consider all of the potential consequences with regular communication, it becomes much easier. Money is a major factor to consider when getting married because it can cause a lot of arguments and stress in a relationship, to the point that it is one of the most common reasons people state when getting divorced. If you approach these conversations openly and honestly with your partner, you will be able to make the best decision for both of you.
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Resources from this Episode
Abby Davisson’s website
Money and Love: An Intelligent Roadmap for Life’s Biggest Decisions
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