NGPF Podcast: Financial Therapist Dr. Bruce Ross Discusses Money and Relationships
Dr. Bruce Ross is an Assistant Professor at the University of Kentucky. He holds a Ph.D. in Human Development and Family Science with an Emphasis in Marriage and Family Therapy and a specialization in financial counseling and financial therapy practices. He is the President of the Financial Therapy Association and is an Accredited Financial Counselor. Enjoy as we discuss topics ranging from who should pay on the first date to how spouses should manage money together!
- 0:00~1:44 Introduction
- 1:44~3:09 What does a financial therapist do?
- 3:09~7:50 Motivation to become a financial therapist
- 7:50~12:23 The importance of personal finance education
- 12:23~14:50 Talking about finances with family members
- 14:50~18:16 Assigning students to talk about finances with family
- 18:16~20:19 Dating and finances
- 20:19~22:56 A word from NGPF
- 22:56~24:57 Financial red flags
- 24:57~27:27 What if your financial values differ?
- 27:27~29:13 What can put pressure on marriage?
- 29:13~31:00Should couples have the same bank account?
- 31:00~33:34 Lightning round
- 33:34~35:05 Conclusion
- Parent-Student Money Interview Assignment
- The Financial Therapy Association
- FinCap Friday: Romance & Finance
- Financial Therapy Education Videos Series
- Financial Therapy Certification
- Financial Therapy: Theory, Research, and Practice
- “So the classic spender versus saver. There is probably going to be tension. But any therapist will tell you arguments in a relationship are natural, they're actually good. They can get out grievances as long as the argument is done with good communication skills. So if we look at the spender and the saver, even though they are opposites, they could actually work very work together.”