43: The Psychology of Money and Marriage with Special Guest Ed Coambs

<p class="p1">Today’s special guest is Ed Coambs, a firefighter turned certified financial planner turned licensed marriage and family therapist! He is the founder of <a href= "http://www.healthyloveandmoney.com"><span class= "s1">www.healthyloveandmoney.com</span></a>.</p> <p class="p2"> </p> <p class="p1">He has become an internationally-recognized thought leader around “financial therapy,” specifically financial <em>couples</em> therapy: He works with couples who might be in financial despair or frustration, and he moves toward what he calls “financial intimacy and connection.”</p> <p class="p2"> </p> <p class="p1">Listen in as Ed explains the psychology of anxiety around money and how to regain your comfort and confidence when it comes to your financial wellbeing, as well as the keys to financial maturity.</p> <p class="p2"> </p> <p class="p1">He also speaks on one of the biggest common mistakes that many couples make when setting standards around their financial life early on in the relationship: talking about the “function” of money, but not the “meaning” of money.</p> <p class="p2"> </p> <p class="p1">Finally, Ed dives deep into the connection between the strength of a marriage and a couple’s shared relationship with money. He stresses the importance of showing up to create a safe haven for your partner, so that they feel comfortable about the financial choices they make.</p> <p class="p2"> </p> <p class="p1"><strong>Key Topics:</strong></p> <ul class="ul1"> <li class="li1">Explaining financial anxiety (2:36)</li> <li class="li1">Helping your children become confident with money as they grow up (7:41)</li> <li class="li1">Defining “psychological growth edge” (11:11)</li> <li class="li1">Setting standards around finances with your significant other (12:51)</li> <li class="li1">What couples can do to improve their shared relationship with money (17:47)</li> <li class="li1">Making your partner feel safe when making financial decisions around you (25:14)</li> <li class="li1">All about <em>attachment theory</em