123 - Scott Rick on Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships

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Jagged with Jasravee : Cutting-Edge Marketing Conversations with Thought Leaders

Jasravee Kaur Chandra

138 episodes

1 day ago

“Creative thinking takes place neither inside the box nor outside the box, but at the edge of the box.” Free-flowing, long-form conversations about marketing, branding, innovation, consumer behaviour and trends. Conversations that ignite new ideas. Ideas with rough, sharp edges ! These conversations with thought leaders discuss best practices, trends, case studies and insights on topics ranging from strategy planning, brand building, marketing strategy, communication strategy, digital marketing etc. Facilitated by Jasravee Kaur Chandra, Director, Master Sun, Consulting Brand of Adiva L Pvt.Ltd

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123 - Scott Rick on Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships

Jagged with Jasravee : Cutting-Edge Marketing Conversations with Thought Leaders

49 minutes 56 seconds

12 months ago

123 - Scott Rick on Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships

In this podcast Dr. Rick explores different spending styles, the impact on relationships, and how couples can communicate and manage their finances. He highlights the importance of understanding each other’s perspectives and finding a balance between shared and individual spending. The conversation delves into practical tips for managing money in relationships, raising children, and navigating the complex world of gifts and spending styles.

Top 5 Highlights

1. Dr. Rick identifies two main spending styles: “tightwads” who experience anxiety around spending and “spendthrifts” who are more impulsive and enjoy the present moment.

2. He emphasises the importance of open communication about money and how it impacts couples.

3. Dr. Rick advises that parents be mindful of the messages they convey about spending and recognise that children learn more from observation than from words.

4. He stresses the value of thoughtfully chosen gifts as a means of showing appreciation and understanding in a relationship.

5. Dr. Rick suggests that couples find a balance between financial transparency and individuality to foster a healthy relationship.

Dr. Scott Rick is a marketing professor at the University of Michigan’s Ross School of Business. He holds a PhD in Behavioral Decision Research from Carnegie Mellon University, where he was a National Science Foundation graduate research fellow. He is author of Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships Connect on Linkedin : https://www.linkedin.com/in/scottianrick/ Scott's Book https://www.amazon.in/Tightwads-Spendthrifts-Navigating-Minefield-Relationships/dp/1250280079

Jagged with Jasravee is facilitated by Jasravee Kaur Chandra. Jasravee has over 20 years experience as a Strategic Brand Builder, Communications Leader and Entrepreneur. Please visit Jasravee at https://jasravee.com/ Connect with Jasravee on Linkedin at https://www.linkedin.com/in/jasravee/ Email Jasravee at jasravee@gmail.com Follow Jagged with Jasravee on Social Media Campsite One Link : https://campsite.bio/jaggedwithjasravee