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How to Discuss Money in a Romantic Relationship

Happy Tuesday!

Our first post today is one you probably didn’t expect to see in Psychology Today – it’s about how to discuss money in a romantic relationship.

Among other things, we learn that communication is like voting, it’s better if you do it early and often.

How to Discuss Money in a Romantic Relationship [Psychology Today] – “Fighting and bickering about money is the number-one source of tension and stress in romantic relationships. Winning the lottery with a scratch ticket or hitting the jackpot in Las Vegas might alleviate money problems in your relationship, but then again, I wouldn’t bet on it (no pun intended).”

Peter Lynch: The Wisdom of Walking Away [Kingswell] – “[Peter Lynch] earned a mind-boggling 29.2% annual return between 1977 and 1990, ballooning Magellan’s value to $14 billion by the time of his retirement. And Lynch did it by combining dogged (some might call it workaholic) research with a common sense appreciation for opportunities right under his nose. […] Unlike so many others, he knew when it was time to walk away — and then did so in 1990, at the height of his fame, with no muss, fuss, or lingering looks back.”

5 Things I Wish I Knew Before Retiring [Physician on FIRE] – “I recently retired after a 40-year career as a financial executive and accounting professor. My wife retired from being a busy pathologist at a regional hospital in Pennsylvania. […] It has not been too difficult, but we could have had a much softer landing with a little guidance. Here are five things I wish I had known in the years leading up to my retirement.” A good mix of financial and psychological advice.