FamilyLife Blended® Minute

Financing Togetherness

with Ron Deal | April 15, 2021
00:00
R
Play Pause
F
00:00

Financial planners often encourage pre-stepfamily couples to get a "prenuptial agreement," but that feels like you're planning for a divorce. A much better way is something I call "A Shared Covenant Agreement" which helps stepfamily couples manage their daily expenses, discuss insurance and retirement, and do estate planning for their children and each other. It builds confidence in how money will be used in your complex family. Don't let money issues divide you; instead finance togetherness.

  • Show Notes

  • About the Host

  • About the Guest

  • Financial planners often encourage pre-stepfamily couples to get a "prenuptial agreement," but that feels like you're planning for a divorce. A much better way is something I call "A Shared Covenant Agreement" which helps stepfamily couples manage their daily expenses, discuss insurance and retirement, and do estate planning for their children and each other. It builds confidence in how money will be used in your complex family. Don't let money issues divide you; instead finance togetherness.

  • Ron Deal

    Ron L. Deal is one of the most widely read and viewed experts on blended families in the country. He is Director of FamilyLife Blended® for FamilyLife®, founder of Smart Stepfamilies™, and the author and Consulting Editor of the Smart Stepfamily Series of books including the bestselling Building Love Together in Blended Families: The 5 Love Languages® and Becoming Stepfamily Smart (with Dr. Gary Chapman), The Smart Stepfamily: 7 Steps to a Healthy Family, and Preparing to Blend. Ron is a licensed marriage and family therapist, popular conference speaker, and host of the FamilyLife Blended podcast. He and his wife, Nan, have three sons and live in Little Rock, Arkansas. Learn more at FamilyLife.com/blended.

A pre-nup. You want us to do a pre-nup?

MP3 Download Transcript

Financing Togetherness

With Ron Deal
|
April 15, 2021
| Download Transcript PDF

Ron: A pre-nup. You want us to do a pre-nup?

Announcer: For FamilyLife Blended®, here’s Ron Deal.

Ron: No, actually I don’t. Financial planners often encourage pre-stepfamily couples to get a “prenuptial agreement,” but that just feels like you’re planning for a divorce and that anyone who wants one really isn’t committed to the marriage. Well, there is a much better way. Something I call a “Shared Covenant Agreement” helps stepfamily couples manage their daily expenses, discuss insurance and retirement and do estate planning for their children and each other.

Now get this, instead of planning for separateness, it finances togetherness and builds confidence in how money will be used in your complex family. Don’t let money issues divide you; instead finance togetherness. For FamilyLife Blended I’m Ron Deal.

Announcer: To find out more visit familylifeblended.com.

FamilyLife Blended with Ron Deal is a production of FamilyLife. Help for today. Hope for tomorrow.

We are so happy to provide these transcripts to you. However, there is a cost to produce them for our website. If you’ve benefited from the broadcast transcripts, would you consider donating today to help defray the costs?

Visit http://www.familylifeblended.com/donate.

Copyright © 2021 FamilyLife. All rights reserved.

www.FamilyLife.com