In this episode, Faiza and Liam discuss money and finances in their relationship. They explore the question of whether money can buy happiness and share their perspectives on the importance of money in their lives. They also discuss their experiences with financial struggles and growth, as well as their different approaches to money management. The conversation highlights the importance of communication and trust in making financial decisions as a couple. They also reflect on the lessons they have learned from their financial journey and the importance of setting long-term financial goals. Overall, the episode emphasizes the need for open and honest communication when it comes to money in a relationship. In this conversation, Faiza and Liam discuss various aspects of managing finances in a relationship. They explore topics such as preserving assets before marriage, protecting assets from malicious intent, the irrelevance of a 50-50 split in finances, keeping separate bank accounts, tallying expenses, the importance of authentic communication, investing and saving for the future, the timing of financial conversations, the role of a working spouse, never avoiding difficult conversations, the emotional aspect of getting married, the importance of early financial conversations, being transparent and non-judgmental, addressing bad financial habits, avoiding financial dysfunction in relationships, and the importance of communication and respect in finances.
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