Money fractures marriages, drives wars, inspires art, motivates some people to great achievements, leads others to despair. Fear, desire, love, hate, jealousy, anger, anxiety, relief, shame and many more shades of emotion may attach to money in the course of an ordinary day. However given the impact money can have do we talk enough about money when in our relationships?
Professor Mark Fenton O’Creevy, Associate Dean at The Open University Business School is an expert the role emotion plays our financial decision making. He is being interviewed on BBC Radio 4’s, Money Box today (26 December) explaining financial behaviors and attitudes towards money and reveals how our emotions affect our relationship with money, and each other.
The episode, titled (Very) Personal Finance explores how money affects relationships. It explores how money is at the heart of our most personal relationships and also the root of a large proportion of relationship breakdowns. Being able to talk honestly and openly about it is critical, and yet it can be hard to talk about money. What happens if one’s a spender, and the other’s a saver?
The programme is available on iPlayer Radio.