Know Your MoneyGram

In this fluctuating economy, it can be tempting to hide purchases or income from your significant other. Below is Dr. Bonnie’s perscription for a couple she counseled on Good Morning America, who was doing just

that - and we think it can help you, too. The MoneyGram chart is taken from Financial Infidelity. For more information, reference the book, or call Dr. Bonnie’s phone therapy line at (212) 606-3787.

EXERCISES FOR YOU AND YOUR PARTNER
Exercise #1

Create a Moneygram
Depict your family’s money beliefs and dialog.
— Most disagreements triggered by money

Exercise #2

Create a Money Tree
Visualization is realization so the root “Money Values” gets met
Use when tempted by “bad money behavior”
SAMPLE MONEY TREE

Unlimited travel
Retire at age 55
Take the grandchildren to Disneyland
Take up surfing
Sell family home and downsize
Vacation in Hawaii
Have plastic surgery
Play the stock market
Buy a significant piece of jewelry
Buy a boat
Trade in minivan for sports car
Aspirations
Core Goals
Root Values

Aspirations
Buy a vacation home
Upgrade family home
Invest in college funds
Pay off first mortgage
Eliminate consumer debt
Core Goals
Increase investment in retirement accounts
Increase shared income by 25 percent
Upgrade one vehicle
Buy a three-bedroom house in a good neighborhood
Plan for a family
Root Values

Exercise #3

Create a Mirror on the Wall
Do this exercise with your partner to see how each of you
view the ten things you spend the most money on and your partner’s reaction.

CONTRACT TIPS:
A Couple’s Financial Contract

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#13

Go Counter Intuitive (switch money roles)
- Opposites attract and are really alike
Turn Crisis into Opportunity
Compartmentalize Money Issues from the rest of the relationship
so it does not comtaminate passion.
Say Goodbye to old relationships with money
Make a concious decision to fall in love all over again
Touch is magic. Use it daily.
Treat each other like you did in the beginning of your relationship
(go back to basics that do not involve money)
Put your relationship first, and money second
Use Dr. Weil’s money love language weekly to provide safety for money conflicts,
by appointment (15 mins. a week) using a figurative “bullet-proof” vest
to minimize reactivity.
Accept and acknowledge your partners differences (remember you always unconsciously pick a partner who is going to give you the most trouble.
Embrace the positives together (Use the fair fighting money language talks for the negatives)
Money disagreements can trigger sensitivity from
you or your partner’s family money history, beliefs and dialogs.
Draw a moneygram, a money tree and a mirror on the wall to minimize anger and tensions in this economy so you can create better bonding and also a moneygram

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Best-selling author and therapist Dr. Bonnie Eaker-Weil addresses topics related to love, sex, and money, as found in her book, Financial Infidelity