5 Ways to Protect Your Relationship During a Recession, According to a Financial Therapist

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5 Ways to Protect Your Relationship During a Recession, According to a Financial Therapist
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Financial fitness is an important part of any relationship. Here's how to get the money talk started with your SO.

Money problems are not sexy. Studies show that financial concern is one of the top reasons for conflict among couples because it'sby the American Psychological Association, money stress registered at the highest recorded level since 2015 due to a historic inflation spike and overall growing financial strain. As scary economics reports roll in and we face the potential reality of another recession, now is a great time to acknowledge the anxiety head-on with your partner.

When you talk about finances for the first or second or third time, understand it may trigger emotions from the past.we develop a lot of"beliefs" around money from our parents as we grow up — like,"There will never be enough money" — so don't be surprised if it's challenging at first to get on the same page as your partner.

"Come back to, 'this is why it's important to me, this is what I want to translate that into,' because that we can negotiate," she says."We can co-give with our partner instead of what we think of as compromising. Think of it as, what's my contribution to the whole?"Clayman wants everyone to let go of the assumption that we should be automatically good with money — it's not a moral flaw.

"I am having a scary thought that I'm going to have to do something about this in the relationship, and I don't want to. I'm also worried that if I don't do that, this person's going to spend all of my money and I'm going to be left with nothing."

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