1621: Tightwads and Spendthrifts: How Couples Can Navigate Mismatched Spending Habits

Published: Jan. 22, 2024, 8 p.m.

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Have you ever asked yourself, \u201cWhat if I\u2019m a tightwad and my significant other is a spendthrift?\u201d or vice versa? Guest Scott Rick, a behavioral scientist at the University of Michigan\u2019s Ross School of Business, knows many people do. His book Tightwads and Spendthrifts is a science-based guide to understanding and transforming how we manage money, both on our own and in relationships. Scott discusses the delicacy of gift-giving in a relationship, how to manage bank accounts, raising kids to avoid your tightwad or spendthrift tendencies\u2026and how couples with different approaches to spending can create a successful financial game plan.