Making Money an Asset to Marriage

Show Notes

Making Money an Asset to Marriage With Gary Chapman

Money is usually cited as one of the top reasons for divorce. It’s almost never seen as a way to actually strengthen a marriage. Gary Chapman joins us today to talk about how you can make that happen.

Gary Chapman is a pastor, speaker, counselor, and author of several books on Christian relationships.

1:38 - DEBUNKING THE MYTH: MORE MONEY, BETTER MARRIAGE:

Dr. Chapman clarifies that having more money does not necessarily improve a marital relationship. He emphasizes that some of the happiest and strongest marriages involve couples who are just making ends meet.

2:08 - IMPACT OF DIFFERENT MONEY BACKGROUNDS AND PERSONALITIES:

Exploring how family upbringing affects attitudes towards money, Dr. Chapman shares personal stories and emphasizes the need for understanding and respect for these inherent differences in marriage.

They also address the common spender-saver dynamic in marriages, highlighting the importance of empathy and respect in navigating these differences.

3:40 - COMMUNICATION AS KEY TO FINANCIAL UNITY:

Dr. Chapman underscores the importance of strong communication in coming together on money, advocating for a team approach and shared decision-making in financial matters.

They discuss the value of couples having open conversations about finances before marriage, including topics like tithing, saving, and budgeting.

7:14 - FIRST FINANCIAL RESPONSIBILITY: HONORING GOD WITH FINANCES:

Dr. Chapman talks about honoring God with finances and explains the biblical foundation of tithing and its importance in a marriage.

8:24 - RECONCILING DIFFERENCES IN GIVING:

Addressing how to handle differing opinions on giving, he highlights the need to be understanding the other's perspective and finding a compromise that honors both views.

For couples where one partner is not a believer, Dr. Chapman provides guidance on approaching the giving conversation with respect and understanding.

10:53 - SECOND FINANCIAL RESPONSIBILITY: PROVIDING FOR THE FAMILY:

They delve into the biblical mandate for providing for your family and the importance of this responsibility and in demonstrating love for God through action.

Rob and Dr. Chapman also discuss finding a balance in lifestyle choices and financial responsibilities, stressing the need for compromise and shared decision-making.

13:59 - THIRD FINANCIAL RESPONSIBILITY: SAVING FOR THE FUTURE:

In talking about the importance of saving for the future, Dr. Chapman encourages couples to set financial goals together and outlines practical steps for achieving them.
 

On today’s program, Rob also answers listener questions: 
 

• I'm concerned about changing the ownership of a savings account I share with someone else, as it might lead to tax implications.
• I'm considering refinancing my rental property to cover maintenance costs, but I'm unsure if it's a smart financial decision.
• As I plan for retirement in a couple of years, I'm exploring the best financing options to purchase a new truck and camper.
   

RESOURCES MENTIONED:

Movement Mortgage

Bankrate.com

Lending Tree

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