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Philip B. Dembo  
NEWLYWEDS AND MONEY
Guestpert: Dr. Philip B. Dembo
Category: Family and Relationships
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Speaking Point: Being a newlywed is a glorious time filled with love, passion, hope and many firsts that a couple will treasure for a lifetime. And yet, the first year of marriage is the hardest. Couples are finding more and more that the blending of their two worlds into one is not as easy as the love that they share. Becoming a married couple requires partnership on many levels and unless they create this partnership with clear goals and communication, they can find themselves without the foundation necessary to protect and empower that love that they feel. Every newlywed couple is now a business partnership, whether they want to be or not. No, it’s not the sexy part of being married, but it is a necessary component to a successful marriage.

Speaking Point: Couples need to be open and honest about their financial goals, their financial status and their financial potential. They need to be open about the budget they see themselves affording and honor that budget together.

Speaking Point: Marriages are like any other business partnership; they require a weekly “business meeting.” Business partners each do their jobs but, at least once per week, sit down together making sure they are on the same page.For a married couple, it is no different.

Speaking Point: The Married Couples Partners Meeting is a ritual where each week, the couple sits down at the table together, pay bills together, look at their financial status together, and plan for the items they are saving for or make decisions about their financial matters. The importance of this meeting is huge.

Speaking Point: It allows the couple to remain equal partners, dealing head on the financial agenda of their little family. It allows each person to have a place to voice their feelings thoughts and concerns. It also allows the other times together to be protected from the often difficult conversation that money issues can bring.

Speaking Point: With the weekly partners meeting, couples don’t have to bring up finances at other times, like when they are getting ready to leave for work.

Speaking Point: They are not bringing the topic up when they want romance….They are not reacting when a bill comes in the mail….Why, because they don’t have to!

Speaking Point: They have a safe place and time, prioritized for this topic.

Speaking Point: Couples must understand the importance of their financial partnership, not only in generating revenue and spending their dollars, but in the overall management and goal setting for their future.

Speaking Point: When a couple has their financial weekly meeting in place, their partnership and dialogue safely engaged, then they can utilize the rest of their time together for what they do best...actively loving one another.

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