How you can avoid, spot, and stop financial fornication
Learn how to avoid financial promiscuity and find the cure for your financial or credit dis-ease here. Then, kick start your journey to financial independence by eliminating credit card debt with the free 7-Step Credit Card Debt Slasher.
Are there secrets to communicating about personal finances to help stop financial fornication?
Are you guilty of financial fornication? Do you have a side-piece account? Credit dis-ease? Or financial STDs? Have you had a financial one-night stand you’re not proud of?
If you ask Madam Money Tarra Jackson, money is a lot like sex. It can be dangerous if we abuse its power without protection. Tarra is a popular personal finance expert, TV and radio personality, and international speaker with 25 years of experience in the financial services industry. She is also the bestselling author of 4 Financial Languages: The Secrets to Communicating About Money and Financial Fornication: Avoid Financial and Credit Dis-ease.
On this episode of Queer Money, Tarra joins us to discuss why avoiding financial promiscuity is challenging and how to find the right cure for your financial or credit dis-ease. Tarra explains the difference between a side-piece account versus a true savings account. She shares her best strategies for setting boundaries with money to avoid substantially tremendous debt, aka financial STDs.
Listen in to understand the differences among savers, spenders, investors, and givers—and find out how couples who speak different financial languages can learn to communicate with each other.
Listen to get more insight into how to spot and stop financial fornication
Topics covered on how to spot and stop financial fornication
- How Tarra defines financial fornication as abusing the power of money without a commitment
- Why it’s a challenge even for financial experts to avoid financial promiscuity
- Why it’s still so hard to have honest conversations about money despite the many resources available to us
- What families can do to gamify financial literacy and learn about money together
- The difference between a side piece account and a true savings or reverence account
- Why Tarra suggests saving up for a financial one-night stand vs. putting it on a credit card
- How to find the right cure for your financial or credit dis-ease
- The similarities between credit and sex (and why you should use protection in both cases)
- Tarra’s best strategies for setting boundaries with money to avoid substantially tremendous debt, aka financial STDs
- Why Tarra recommends financial abstinence to get control of credit card debt
- Tarra’s 4 dominant financial languages—saving, spending, investing, and giving (and why one is not better than another)
- How couples who speak 2 different financial languages can learn to communicate with each other
- How going on money dates makes couples more open to discussing their finances
Connect with Tarra Jackson
Resources on how to spot and stop financial fornication
- 4 Financial Languages: The Secrets to Communicating About Money by Tarra Jackson
- Financial Fornication: Avoid Financial and Credit Dis-ease by Tarra Jackson
- Man’s Search for Meaning by Viktor E. Frankl
- Bad with Money: The Imperfect Art of Getting Your Financial Sh*t Together by Gaby Dunn
- Gaby Dunn on Queer Money EP136
- Bad with Money Podcast
Connect with David and John
- Debt Free Guys on Facebook
- Debt Free Guys on Twitter
- Debt Free Guys on Youtube
- Queer Money Facebook Group
- Queer Money on Instagram
- Subscribe on Apple Podcasts
- Email [email protected]
Watch this week’s episode on how to spot and stop financial fornication
Previous 3 Podcast Episodes
- How Freelance Writing Can Make You More Money
- 5 Reasons to Consider Buying Bonds
- How Donor Advised Funds Harm LGBTQ Americans
We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com) and hosts of the Queer Money® podcast. We help queer people (and allies) live fabulously not fabulously broke by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.