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Talking Prosperity and Money With Your Partner | Kine Corder

Talking Prosperity and Money With Your Partner | Kine Corder

FromFire Drill


Talking Prosperity and Money With Your Partner | Kine Corder

FromFire Drill

ratings:
Length:
46 minutes
Released:
Oct 21, 2018
Format:
Podcast episode

Description

How do you and your partner discuss money? Do you have a monthly budget meetup? Or is only one in charge of the money?

Kine Corder is a financial planning couple coach. She set up Prosperity Club, where she helps couples talk about their ideas of prosperity, their financial goals and how to find the best connection for them. This episode is packed with a ton of actionable advice!

You'll love how intriguing her story is.

We also chat about...

How Kine got interested in money and relationships
The recurrent and main theme in a relationship with money
How to put her advice into practice
Advice for partners reaching FIRE
Success stories

Enjoy this chat with Kine, and please subscribe to us in iTunes if you enjoyed it!

Show notes and links from today's episode

Website: Kine Corder
Book: The Art of Starting Over
Kine's free course
Prosperity Club
Kine on Instagram, Twitter and Facebook
ClassPass

Key takeaways from our chat with Kine
1 - The main theme in relationships
Kine explained this brilliantly: prosperity. Partners clash when they have different ideas on what prosperity means for each one. Prosperity could be about earning more, saving more, giving more. When two people have a different idea on what prosperity means for them and can't decide how to work together, Kine has a solution: A Marriage Money Mission. This means writing down what you and your partner want to do with:

Earning money
Growing your money
Protecting your money
Giving

It's important that both you and your partner are on the same page for your goals, because as Kine says, the further away you are from your idea of prosperity, the unhappier you are. 

So in order to be able to work on those goals together with your partner, you need to follow a process. Kine describes it as:

Awareness -> Acceptance -> Adjustment -> Plan -> Progress

Kine explains this in detail on the episode.
2 - Putting this into practice
In theory it all makes sense, but the hardest part is, as always, putting it into practice. Thankfully, Kine has pretty awesome resources to do this. Not only does she have a course (in show notes above!), but she helps you use the right words when talking to your partner. The most important ones are:

'I feel like xyz, and I need xyz'

So for example:

'I feel like my idea of prosperity is to earn more money, and so I need to work on this side-hustle'

She also recommends taking turns with your partner. One day, you talk about your goals and your idea of prosperity. The next day, it's your partner's turn. You ask him/her questions, you do your research, you try to understand why this is so important for them. Kine does this with her clients at least once a month.
3 - What if my partner is not interested in pursuing FIRE?
A very important question that comes up quite often in the FIRE community. And Kine has an awesome answer for it.

As illustrated before, you each take turns in explaining what your goals and what your idea of prosperity is. You pour it all out. And then can do these three things:

Connect
Compromise
Celebrate

Connect means doing his/her dream, and the doing your dream. Taking turns and going full on with each one.

Compromise means sacrificing a little bit to gain something else; trust and love. Meeting in the middle.

Celebrate means celebrating what you are doing together and the work you're putting in to live out each others dreams.

By working together to reach each other's dreams, you get to experience both a fulfilling life and a healthy and happy relationship. Kine does this face to face with clients, helping them determine what their dreams are and how to communicate them to their partner.

At the end she also shares with us an awesome success story and how you can get started on communicating efficiently with your partner.
Questions? Like or dislike? Leave us a comment!
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Released:
Oct 21, 2018
Format:
Podcast episode

Titles in the series (97)

Join host Julie Berninger on FIRE Drill podcast where she interviews guests with epic side hustles, real estate investors, early retirees, online business owners, and other inspiring people rocking financial independence. All things Early Retirement are broken down into simple, actionable steps for the average person. Step up your money game and renew your money philosophy with Fire Drill podcast.