8 Best Financial Lessons My Partner Taught Me
8 Best Financial Lessons My Partner Taught Me
GoBankingRates Jennifer Taylor Thu, August 18, 2022
Your special someone is an amazing person who has improved your life in more ways than one -- including financially. Maybe you were decent at managing money before you met them, but they helped you become even better or perhaps your finances were a mess until they stepped in.
No matter the situation, you received at least one valuable financial lesson from them that changed the way you view money. Now that you're a more responsible spender, less stingy or better at putting money aside for savings, you'd like to share your experience with others.
This is great, because your partner's savvy financial advice also can have a positive impact on plenty of other people. Hearing how their advice helped you can inspire others to make changes they've been putting off or didn't even realize they were capable of achieving.
Or, perhaps you're the one who imparted the financial wisdom that changed your partner's life. Regardless, sharing these tips with others -- and listening to money advice from other couples -- is a great way to pay it forward, while also learning a few things yourself.
Ready to get inspired? GOBankingRates spoke with eight people about the financial lessons their partners taught them -- and vice versa. Here's what they had to say.
Investing Can Be Fun
When the pandemic made its debut in 2020, John McGowan, founder at Mandala Financial Advisors, had just launched his own registered investment company.
"The gravity of what was happening weighed on me, as I was investing my clients' hard-won assets," he said. "One day, I walked into my partner's office and discovered he was day-trading stocks that were essentially 'on sale' and whose prices were volatile as all heck."
McGowan said his partner was basing his trading decisions on instincts, instead of fundamentals -- investing small dollar amounts, as a precaution -- and having a great time doing so.
"He taught me there's a reason they call it 'playing' the stock market," he said. "Let's not forget it can be fun even in the most serious of times."
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