Answering Uncomfortable Questions about Money & Relationships | Ep 117
Build with Leila Hormozi - A podcast by Leila Hormozi
"Putting everything out there from the get go because being as honest as possible, even in a world where other people are not, is the best way you can go about it.” Today, Leila (@LeilaHormozi) discusses the importance of normalizing conversations around finances in relationships, highlighting the impact of money on relationship dynamics and offering advice on topics such as dating, moving in together, and marriage. She provides insights on how to approach financial discussions with transparency, set expectations, and establish trust to build a strong and harmonious relationship.Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Timestamps:(1:01) - Should finances be a factor in early dating?(2:08) - Who should pay for the first date?(2:49) - Is there an element of romance when it comes to money?(3:18) - Should occupations be listed on dating app profiles?(3:44) - Hiding information about what they did or how much they made early on in dating?(4:32) - When you're moving in together, what is the best way to deal with finances?(7:50) - Do you believe in financial incompatibility?(9:10) - Are financial arguments between couples psychological or organizational?(11:27) - Why do you think money is such a sensitive topic amongst couples?(12:56) - When is the best time to start thinking about wills?(13:37) - Best solutions when it comes to having financial disparities in a marriage?(15:41) - Having hard conversations centered around money when combining your finances when married?(16:38) - How to financially protect yourself in a marriage while also keeping romance in the vision of the relationship alive?(17:39) - How do you establish financial trust with the relationship?(18:23) - Should you set up a prenup with your partner?Follow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition