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The Diary Of A CEO with Steven Bartlett

Most Replayed Moment: How To Talk About Money With Your Partner! The Mistakes Most Couples Make!

23 Jan 2026

Transcription

Chapter 1: Why is discussing money important in relationships?

0.031 - 14.967 Steven Bartlett

I don't know any founder who started their business because they like doing admin. But whether you like it or not, it's a huge part of running a business successfully. And it's something that can quickly become all-consuming, confusing, and honestly, a real tax because you know it's taking your attention away from the most important work.

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15.047 - 35.194 Steven Bartlett

And that's why our sponsor, Intuit QuickBooks, helps my team streamline a lot of their admin. I asked my team about it, and they said it saves them around 12 hours a month. 78% of Intuit QuickBooks users say it's made running their business significantly easier. And Intuit QuickBooks' new AI agent works with you to streamline all of your workflows.

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35.214 - 37.117 Steven Bartlett

They sync with all of the tools that you currently use.

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Chapter 2: What are common financial misconceptions couples have?

37.157 - 54.128 Steven Bartlett

They automate things that slow the wheel in the process of your business. They look after invoicing payments, financial analysis, all of it in one place. But what is great is that it's not just AI. There's still human support on hand if you need it. Intuit QuickBooks has evolved into a platform that scales with growing businesses.

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54.429 - 73.729 Steven Bartlett

So if you want help getting out of the weeds, out of admin, just search for Intuit QuickBooks now. I had a conversation a couple of days ago, actually, with James Saxton, who's the divorce expert. He's a divorce lawyer by trade, but he knows more about divorce than anybody else.

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Chapter 3: How does financial avoidance affect relationships?

73.749 - 91.029 Steven Bartlett

And he said to me, there's two things which cause people to end up in his office going through a divorce. Number one is cheating, infidelity. And the second thing is money problems in the relationship. So I find it especially sort of pertinent to have this conversation with you about couples' relationship with money.

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92.231 - 109.275 Steven Bartlett

Because clearly one of the things that is most likely to end my relationship, or I guess prevent me getting into one, is this financial avoidance that most of us engage in. You've interviewed hundreds and hundreds of couples about money on your podcast. What have you learned about our relationship with money in relationships from that?

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Chapter 4: What patterns do couples exhibit regarding spending and saving?

109.295 - 130.572 Ramit Sethi

I've learned that 50% of the people I talk to do not know their household income. 90% of the people I talk to who are in debt do not know how much debt they're in. And 100% of the people I talk to in credit card debt also have trouble saying no to their children. Isn't that shocking?

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131.232 - 146.59 Ramit Sethi

Each of those things, 50% do not know how much income they make because most of us are simply living by looking at our checking account and that's it. The debt part kind of makes sense. Why would you want to know how much debt you owe? You don't really want to think about it.

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Chapter 5: How do gender roles influence financial conversations?

146.63 - 169.268 Ramit Sethi

So you ignore those emails and envelopes. And the credit card debt part, that is really interesting. The idea that if you can't say no to spending, so you've racked up a bunch of credit card debt, the same principle applies to saying no to kids debt. For me, when I discover these, I find them absolutely fascinating, but the good news is you can also change these things.

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169.83 - 179.225 Steven Bartlett

And what's the difference between men and women in terms of spending habits in a relationship, secrecy, avoidance, arguments? Well, let's start with the roles.

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179.545 - 184.031 Ramit Sethi

Men always describe themselves as providers. Always.

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Chapter 6: What are the financial red flags in a relationship?

184.892 - 210.646 Ramit Sethi

That's what we are taught. It exists in culture. The problem is, of course, what happens when they are not the top earner, which is happening increasingly more now. So when I often ask them, who are you, financially speaking, if you're not a provider? and they're just stumped. But there's got to be something more than simply being a provider. You can be a provider, and you can be a nurturer.

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210.706 - 212.89 Ramit Sethi

You can be a provider, and you can be a helper, a leader.

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Chapter 7: How can couples improve their financial communication?

212.91 - 242.038 Ramit Sethi

There's so many different ways. Often what you'll see with women is discussions about a secret bank account. Keep a little money aside just in case. We have to remember that in the U.S., many grandmothers were not allowed to open up their own bank accounts. That happened two generations ago. And so there has been a rightful message that has been passed down orally

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242.018 - 247.666 Ramit Sethi

keep a little bit of money aside just in case, whether it be physical abuse, financial abuse, divorce, et cetera.

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Chapter 8: What is the psychological impact of money on relationships?

248.247 - 259.504 Ramit Sethi

And I totally respect that message. I don't think you should have a secret account. I do think you should have an account that is yours only, but no secrets in a relationship.

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259.838 - 270.564 Steven Bartlett

What about arguments as it relates to money and relationships? What are the cause of the arguments? Is it someone spending too much? Is it hiding money? Is it something else? It's usually not hiding money.

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270.584 - 294.673 Ramit Sethi

That's very small extreme. The biggest phrase that I get from couples is, He or she's a spender and I'm a saver. So it's creating this identity that they're a spender, I'm a saver, or they don't want to talk about money ever. Why can't I get them to finally sit down with me and get on the same page? That's a phrase that's tossed around everywhere.

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294.693 - 317.789 Ramit Sethi

When I ask them, what is getting on the same page? The answer is, I don't know. I just want to talk about it. So when it comes to money, yes, there are the numbers that we need to understand, of course. But what I often tell people, the way you feel about money is highly uncorrelated to the amount in your bank account. That is why I speak to so many multimillionaires who still worry about money.

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318.31 - 340.618 Ramit Sethi

They think if I just have 50,000 more, 500,000 more, $5 million more, well, guess what? I've had all those folks on my podcast and they still worry about money. That means there's two things you need to do to master your relationship with money. One, you got to know your numbers. This is a language you have to learn the basics of personal finance. Two, you have to master your money psychology.

341.159 - 353.734 Ramit Sethi

That means you need to change the way that you talk about money and behave with money so that you can ultimately change the way you feel about money. You do those two things, you're going to have a very healthy relationship with money.

354.187 - 370.947 Steven Bartlett

We'll go into all of those things and how you do them. On this point of gender roles, obviously society has changed in the last couple of decades in terms of equality and more women are in work, higher level positions in corporations, in the C-suite, earning much more money. This has caused...

372.175 - 390.001 Steven Bartlett

a shift, I should say, in the sort of typical gender roles and assumptions of what each gender is supposed to be doing in couples. And I'm wondering now, with more women earning more money, in many cases, they're going to be earning more than their husband in heterosexual relationships.

390.422 - 412.065 Steven Bartlett

Have you seen new dynamics and new issues created because of this in terms of like, I know, insecure men feeling emasculated or the woman not being happy that she's contributing more? And I ask this because I had someone on my podcast a couple of months back who... said to me that I think 70% or 80% of women expect that their romantic partner will earn more than them.

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