Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships

by Scott Rick

A revolutionary guide to navigating the financial aspects of real relationships

Have you ever asked yourself “What if I’m a tightwad and my significant other is a spendthrift?” or vice versa? Scott Rick, a behavioral scientist at the University of Michigan’s Ross School of Business, knows that many people do. He also knows that the financial aspects of an intimate relationship can become a money minefield if couples try to navigate it without first discussing all of the financial issues between them, especially if those two people have different approaches to spending.

Tightwads and Spendthrifts is a science-based guide to understanding and transforming how we manage money, both on our own and in relationships. Building on his original research, and surveying a vast body of interdisciplinary work, Tightwads and Spendthrifts will help you understand your own financial psychology and how it plays out in your relationships. Can tightwads and spendthrifts live together in harmony? Rick says “yes,” but not without first asking hard questions about whose opinion should count most when making a financial decision. After all of the issues have been aired, he tells readers how to create a game plan for navigating financial decision making that both Tightwads and Spendthrifts can rely on for a happy life together.

Genres: Nonfiction, Finance, Money, Self Help, Psychology, Adult, Audiobook

230 pages, Kindle Edition

Published January 9, 2024

About the author

Scott Rick is a marketing professor at the University of Michigan’s Ross School of Business. He holds a PhD in Behavioral Decision Research from Carnegie Mellon University, where he was a National Science Foundation graduate research fellow. Before joining Michigan Ross, he spent two years as a postdoctoral fellow at The Wharton School of the University of Pennsylvania. Rick routinely teaches courses on consumer behavior, judgment and decision making, and marketing management. His research is interdisciplinary by nature, and he has published in premier journals spanning marketing, psychology, economics, and neuroscience. At the University of Michigan, he has won awards for both research and teaching. Rick's research has been covered extensively in outlets such as The New York Times, The Wall Street Journal, The Washington Post, The Economist, The Atlantic, Time, Slate, Harvard Business Review, NPR, CNN, BBC, and MTV.

Reviews

[Dona's Books · Rating 4 out of 5]

Review to come.

[Book.ishJulie · Rating 5 out of 5]

Tightwads And Spendthrifts: Navigating The Money Minefield In Real Relationships by Scott Rick is one self-help book that would be extremely beneficial as we adjust to this new year and educate ourselves to make change.

Rick is a behavioral scientist, and as such, this book takes on a different perspective than other financial books I have read; as a result, this one worked better for me than any other ever has. The information presented was not based on wealth management statistics but instead focused on the human side of money. This approach spun the narrative and allows reading this self-help book to become extremely accessible to those in any tax bracket. Never once did it come across preachy or focus critically on money management.

I was shocked at just how much information this book provided and was fascinated by what it brought to the money and wealth discussion. Not only is it about money and how we spend it (or don't), but it also touches on our relationships with our partner and children (in relation to spending habits). This book truly narrowed in on our individual relationships with money and how that relationship further affects our partnerships and children.

As I envisioned who should read this book, I thought about couples reading it together (it would be a great road trip audiobook), so I decided to put myself in that space as much as possible; I challenged myself and only listened to the audio format. (With that said, I am unbelievably happy to have the physical copy to return to, highlight and reach for time and time again.) The audiobook narrator (Stacey Carolan) was well spoken, easy to understand and provided the perfect tone for a non-fiction book; I'm also appreciative that a professional narrator was chosen to voice the book as an author is not always the best choice.

This is simply one of the best self-help books I have read, especially in regards to this topic of money and how it is presented!

Thank you NetGalley, St. Martin's Press and Macmillan Audio for the complimentary copies to read and review.

[Cindy · Rating 4 out of 5]

My husband and I have settled into quite a peaceful place about spending money over our 37 years of marriage. Any couple who finds themselves having some conflict about this should absolutely read this book. It talks about saving, spending, succumbing to advertising, joint vs separate bank accounts, financial honesty, gift-giving, and raising children. And Rick didn't say what I expected him to on every subject.
I loved the fact that Rick says that, as long as your differences aren't leading to constant stress and fighting, "mixed marriages" of a tightwad and a spendthrift can be among the happiest because you can mellow the worst in each other and come to satisfying compromises.
I would say that this is a book for people who recognize their own tendencies and know they aren't perfect. If at least one partner in a marriage is a tyrant about spending and believes that the only one who needs to change is the other partner, then this book won't help. Ditto a couple in which one partner needs counseling or therapy to change compulsive financial habits.

[Kimberly Tierney · Rating 1 out of 5]

This book would typically be one that I devoured. However, the language is so clinical that I did not enjoy reading it. It needs to use wording that is more reader-friendly instead of seeming to be aimed at those in the psychology community.

[Colleen · Rating 4 out of 5]

Interesting read. It was the result of many actual studies of people. Reading it is like listening to Jordan Peterson speaking clinically to Russell brand. It covers everything the study covered. As such, I don't remember anything of note. I do enjoy non-fiction and the topic of money management. This was academic.

[Samantha Sparrow · Rating 3 out of 5]

it was informative but I thought it would give me.

[LeAn · Rating 5 out of 5]

Wowza, this book has been super helpful regarding my family's financial situation. If anything, it has given me the confidence of my decision with my husband on handling our financials. I love how supportive this book has been, the narrator (Stacy Carolan) was fantastic and "alive" when listening. He caught my attention and did not bore me!

I like the studies that they did between tightwads and spendthrifters. The title got my attention because it made me wonder where I fell. It helped me understand the development of managing our finances and the decision behind what my family considered a priority. I love that opposites do attract because I used to be the huge spender in the relationship, but as life happens I reevaluate what is "best" for our family. I have a child with special needs so my spending became non-existence because of the money that went towards specifically his therapy. I am the "financial account" of the family and pretty much direct where the money goes (towards our savings, 401k, Roth, and bills). I LOVE listening to the study on the different couples who 1) have only joint accounts vs 2) have separate accounts in the relationship - there is no wrong answer! It does make you think of the relationship that you currently have with your partner/spouse and helps you figure out the future financial security you guys want and/or need to discuss to meet the happy middle.

Highly recommend and would recommend to my children when they get older and friends to listen before marriage! Thank you NetGalley and Macmillan Audio for the opportunity to listen to this self-help financial book for a review.

[Saltygalreads · Rating 4 out of 5]

Summary:

This compact little book – just 8 chapters and a conclusion – discusses the defining behaviours of the tightwad and spendthrift, and how this spending behaviour can impact relationship dynamics. The author discusses how to work on those spending behaviours if they are a source of stress for you and/or your relationships. It also covers the potential influences and impact on children in the relationship. The chapters include lots of great celebrity quotes on finances and tips on how to resolve spending dilemmas.

Thoughts:

I quite enjoyed the author’s informal writing style and his anecdotes, particularly comforting when it comes to traditionally dry topics like personal finances. I appreciated that he approached the discussion about tightwads and spendthrifts without any judgement or criticism, which often angers the listener/reader and precludes any productive discussion or learning. If you are advanced in financial literacy then you won’t find much in this book to enlighten you; however I found it thought-provoking and helpful to reflect on my own behaviour and how my partner views money and spending. I also appreciated the author’s own outlook on money in general – if you aren’t using it thoughtfully to improve your quality and enjoyment of life, then what is the point?

Thank you to NetGalley and St. Martin’s Press for this copy to review.

[joyce w. laudon · Rating 4 out of 5]

It might not feel romantic but this book would make an excellent gift for a couple that you know…even if you, yourself, are part of said couple. It seems to me that it will be especially helpful to those in new(ish) relationships, say two people who are about to begin living together. Reading this could help to avoid trouble spots later in a relationship.

Clearly, people evolve their thinking about money in both conscious and unconscious ways. The author of this book, a behavioral scientist, unpacks how these attitudes influence a person using the categories of spendthrift and tightwad. Early in the book, there is a short quiz (I find quizzes tend to draw people in) that helps a person to acknowledge their overall perspective. 

Following this, are chapters that will, hopefully, lead to deeper understanding and connection between partners. I like that there is even attention paid to how a current generation may influence the one below.

Struggling with a partner about money? Not struggling but don’t want to have to? Either way, take a look at this helpful book.

Many thanks to NetGalley and St. Martin’s Press for this title. All opinions are my own.

[Kelley - rva_reader · Rating 3 out of 5]

I am a Tightwad and my husband has spendthrift tendencies so I was excited to pick this book up. This book spends about the first half describing the terms and giving examples but doesn't really get to too much advice until the second half. I thought this was an interesting book but I feel like there is so much nuance to spending. I know with my husband's ADD, he gets little dopamine hits from spending but it didn't really discuss that at all. I also didn't read too much helpful advice for navigating our relationship with the differences. Luckily, we are able to deal with the differences OK but I was excited to get some helpful advice. I did read one thing that I might try to implement for us. But overall, this didn't meet my expectations on helpful, real world advice but it was a quick, easy and interesting read.

Thank you to the publisher and Netgalley for an advanced copy. Opinions are my own.

[Chris Boutté · Rating 5 out of 5]

This was a surprisingly great book. I can’t remember how I came across it, but I’m glad I did. Scott Rick is a behavioral scientist, and this book discusses some super interesting studies about the differences between people who spend money a lot (spendthrifts) and people who are afraid to spend money (tightwads). The results of the studies provide great insight into our behaviors around money, but more importantly, Scott Rick dives into how we can navigate our relationships with our partners. Money can often be a tough topic for couples, but this short read will help you understand your relationship to money as well as your partner’s.

[Su Hui Tan · Rating 4 out of 5]

3.5 rounded to 4 stars. The book divides people in to “tightwads”, “spendthrifts” and those in between and the discussion centres around the issues that come up between partners who are made up of one “tightwad” one “spendthrift”. Very interesting studies discussed, with some interesting discussions on when one should prevail instead of the other, and the rationale why.

[Hermes_Fang · Rating 4 out of 5]

An interesting new angle to help people deal with money problems in a relationship.
I'm a spendthrift. It is exactly what I need.

Thanks to NetGalley and the publisher for this ARC!

[January · Rating 4 out of 5]

Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships by Scott Rick
5h 7m read by Stacy Carolan, 230 pages

Genre: Nonfiction, Business, Family & Relationships, Finance

Featuring: Psychology of Money, The Tightwad-Spendthrift Scale, Brain Scans, Financial Relationships, Opportunity Costs, Pain, Mental Accounting, The What The Hell Effect, Shopping Momentum, Influences, Why Some People Don't Learn From Experience, Modify Spending and Savings, Amazon Go, Manipulate Marketing in Your Favor, Reexamine Your Finances, Are You Rich New Your Times, Joint & Separate Checking Accounts, Financial Translucency, Gifts, Influence On Children, Dave Ramsey, David Bach, Rachel Cruze, Prenuptial Agreements, Gary Chapman

Rating as a movie: PG

Quotes: "For many of us, the way we think and feel about money is not ideal. That’s obviously true if we’re having trouble making ends meet. But even when our finances are in decent shape, the psychological experience of earning, spending, and managing money can be fraught in many ways. Consider, for instance, the experience of finally paying off a large debt. We might hope and expect that final payment will spark some joy, or at least offer relief. The psychological reality is often more complex. Anne Helen Petersen, a writer and expert on millennial burnout, has documented some counterintuitive reactions from people who recently paid off large debts:"

"Money is not only a source of tension when partners need to discuss and jointly navigate important decisions. Whether they like it or not, partners often get to observe each other’s individual financial decisions, such as how they handle their student loan debt or how they assist a financially strapped parent. For example, in a recent advice column on Slate, one man reported, “My wife used our savings to bail her family out of a pyramid scheme. That’s $30,000, gone.”"

"My approach differs from others you might encounter on the well-being or personal-finance shelves of your bookstore. The guidance I’ll offer is rooted in rigorous behavioral science (in fact, conservative personal-finance guru Dave Ramsey once called me an egghead).14 Behavioral science has not addressed and solved all aspects of money and relationships, and I’ll highlight which pieces of advice are more speculative, or where scientists disagree. But before we begin our science-based journey, I think it’s important to share how I became interested in the complicated psychology of money. I didn’t come to this topic as a completely detached observer."

"Tightwad-Spendthrift scores range from 4 to 26. I typically use the following ranges to label different consumer types:
4–11: tightwad
12–18: unconflicted consumer
19–26: spendthrift"

My rating: ⭐️⭐️⭐️⭐️½💰

My thoughts: This book was good but there were some issues. The author said the findings would be based on behavioral science, but he often favored his personal choices over the data. Another issue was he presented Dave Ramsey and Rachel Cruze as all or nothing on financial transparency because it gave him something to oppose on that topic, but they actually preach blow money where couples decide on a set amount for each spouse to have and spend no questions asked, which would fall under the financial translucency he was promoting. He also encouraged lying and separate accounts although the data should couples with joint accounts and honesty are stronger. It just seemed like creating issues where there were none. The data used outweighed some of the out-the-box opinions, that didn't line up with the data given.

Recommend to others: Sure, but do your own research.

[Poppy Marlowe · Rating 4 out of 5]

Synopsis (from Netgalley, the provider of the book for me to review.)
*********************************************************

A revolutionary guide to navigating the financial aspects of real relationships

Have you ever asked yourself “What if I’m a tightwad and my significant other is a spendthrift?” or vice versa? Scott Rick, a behavioural scientist at the University of Michigan’s Ross School of Business, knows that many people do. He also knows that the financial aspects of an intimate relationship can become a money minefield if couples try to navigate it without first discussing all of the financial issues between them, especially if those two people have different approaches to spending.

Tightwads and Spendthrifts is a science-based guide to understanding and transforming how we manage money, both on our own and in relationships. Building on his original research, and surveying a vast body of interdisciplinary work, Tightwads and Spendthrifts will help you understand your own financial psychology and how it plays out in your relationships. Can tightwads and spendthrifts live together in harmony? Rick says “yes,” but not without first asking hard questions about whose opinion should count most when making a financial decision. After all of the issues have been aired, he tells readers how to create a game plan for navigating financial decision-making that both Tightwads and Spendthrifts can rely on for a happy life together.

Money is always a very, very, very touchy subject for anyone and in relationships it is even harder – it can ruin the dynamic of lives in general if a couple is so divergent in their ideas of money. Hard questions need to be asked and this book is an excellent resource on how to deal with the divergence or with your own ideas of money in general. Not a casual read (for sure!) but an excellent read - #shortbutsweetreviews #goblue

[Rahel Charikar · Rating 4 out of 5]

"Tightwads and Spendthrifts" by Scott Rick is a revolutionary guide that delves into the often tricky terrain of financial dynamics in relationships, earning a well-deserved 4 stars from me.

Scott Rick, a behavioral scientist at the University of Michigan’s Ross School of Business, brings a fresh perspective to the table, acknowledging the common dilemma: What happens when one partner is a tightwad and the other a spendthrift? Rick recognizes that the financial aspects of a relationship can be a minefield if not approached with open communication.

This science-based guide is a treasure trove for anyone navigating the intricacies of managing money, both individually and in relationships. Rick draws on original research and a wide array of interdisciplinary insights to help readers understand their own financial psychology and how it influences their relationships.

The central question of whether tightwads and spendthrifts can coexist harmoniously is explored with depth and nuance. Rick emphasizes the importance of open dialogue and addressing financial issues head-on. The book doesn't just identify problems but offers practical solutions. The author goes beyond surface-level advice, encouraging couples to ask tough questions about whose opinions should take precedence in financial decisions.

The guide concludes with a game plan for financial decision-making that caters to both tightwads and spendthrifts, fostering a path towards a happy and balanced life together. Rick's insights are not only enlightening but also actionable, making this book an invaluable resource for anyone seeking financial harmony in their relationship.

If you've ever wondered about the dynamics of money in your relationship or are looking for practical solutions to financial conflicts, "Tightwads and Spendthrifts" is a must-read.

[Jack Reidy · Rating 5 out of 5]

Tightwads and Spendthrifts by Scott Rick

Posted on December 11, 2023 by Jack

Tightwads and Spendthrifts by Scott Rick is a very good book. Some people are extremely tight with money (tightwads) and others spend freely, sometimes excessively (spendthrifts). Others combine these traits in various ways.

I enjoyed Tightwads and Spendthrifts for many reasons. It is a science-based guide to understanding our sometimes complicated relationship with money. Scott Rick is a behavioral scientist and this might make some hesitate to give this book a try. But have no fear, the writing style is very informal and non-judgmental. Not the dry, complex style one might expect. I appreciated his explanation of his methods as well as the discussion of the work of others. I also enjoyed his discussions of the various approaches to understanding our financial decisions.

Then, of course, when a couple is involved it gets more complicated. Both members may be similar or very different or somewhere in between. He discusses various options to make financial decisions and handle money. It is important to note the there is not one right answer. But there are many options and the couple must find what works for them.

I found the book a quick enjoyable read and a useful guide to making financial decisions. I highly recommend Tightwads and Spendthrifts,

The book will be published January 9, 2024. I thank both Netgalley (https://www.netgalley.com) and Macmillan Publishers (https://us.macmillan.com/books/978125...) for the chance to read this before publication.

[Libby Kohl · Rating 4 out of 5]

Disclaimer: I am terrible with my money.
I definitely fall into the spendthrift category and very often find myself as the poster child for the ostrich effect, as Scott Rick so kindly described in this book. Most of the time I don't even realize I've put my head in the sand until my bank account hits the negatives. Again, I am terrible with my money.

The thing I liked most about this book is that it wasn't telling me that I was "doing it wrong" or telling me how to fix my mess - there was no advice on budgets, investing, or even advice on relationships. This book is simply put: a guide to understanding the why behind our financial decisions.
But not only did it help me understand my own behavior, it helped me understand a little bit more about what influences my husband's financial decisions as he is most definitely a tightwad.
Many people have asked me how my relationship works. I still don't really have an answer other than "it just works". This book however helps give me a little more insight to how we work and how we can work better together.
Definitely passing this book on to my husband and everyone else.

[Ginger Hudock · Rating 4 out of 5]

This book examines the psychology of two groups of people: those who are extremely thrifty with money (tightwads) and those who spend freely, even to excess (spendthrifts). I have an MBA in Finance and spent my career as the chief financial and business officer of a public college. I have a personal tendency to be thrifty with money, as does my husband. This book correctly states that when married couples are mismatched financially this can cause problems, even divorce.
The author does a good job explaining each money style and how having it may affect relationships, including child rearing. It will enable the reader to understand their spending habits and be able to reshape them, if needed. The book would be very useful for singles considering marriage as well as couples undergoing financial conflicts in their relationship. It would also be useful for those who are marriage counselors.
I received a complementary copy of this book from the publisher via NetGalley.

[Kelley - rva_reader · Rating 3 out of 5]

I am a Tightwad and my husband has spendthrift tendencies so I was excited to pick this book up. This book spends about the first half describing the terms and giving examples but doesn't really get to too much advice until the second half. I thought this was an interesting book but I feel like there is so much nuance to spending. I know with my husband's ADD, he gets little dopamine hits from spending but it didn't really discuss that at all. I also didn't read too much helpful advice for navigating our relationship with the differences. Luckily, we are able to deal with the differences OK but I was excited to get some helpful advice. I did read one thing that I might try to implement for us. But overall, this didn't meet my expectations on helpful, real world advice but it was a quick, easy and interesting read.

Thank you to the publisher and Netgalley for an advanced copy. Opinions are my own.

[Madeline · Rating 5 out of 5]

tl;dr: a pre-wedding must.

I read this book while conversing about joint finances with my fiencé. Talking about money is an uncomfortable yet essential part of building a life together. This book did a great job of offering insights into how to incorporate my and my partner's spending habits into the conversation. Grounded in the existing literature and then diving into Rick's research on consumer behavior, it provides practical ways to think about money management within my relationship. (We've opted for mostly joint with equal allocation of independent "fun money.")

Though an academic, Rick (thankfully) does write like one. Tightwads and Spendthrifts is informative and conversational in a way that is actually helpful for couples. It provides practical framing, rather than telling me to yell at my partner for his daily Starbucks.

It currently lives on my partner's nightstand as I try to get him to read it and figure out his money-spending style. :)

[Julie · Rating 5 out of 5]

As an economics/finance student and psychology enthusiast, I was captivated by this book's topic from the start. Its engaging and humorous writing further fascinated me and made it accessible to a broad audience. It offers an abundance of fascinating facts and academic findings about the financial dynamics in relationships. I didn't realize I am a spendthrift and my boyfriend is a tightwad until I learned from this original perspective! I think the book helps me to understand and manage our intimate relationships in a more intelligent way with the perspectives of Tightwads and Spendthrifts. Moreover, reading this book with your partner together is definitely a perfect date activity, highly recommended! There are scales in it, and a question collection for increasing closeness. After finishing it, I felt deeply inspired by the practical advice on financial decision-making in intimate relationships. A truly impressive read!

[Lindsay Williams · Rating 5 out of 5]

Thank you netgalley for the opportunity to review this book.

This book was made for my husband and I. I am the tightwad and my husband spendthrift.
I found this book fascinating. Scott Rick has done fantastic research on the psychological reasons we spend money the way we do. Although I knew this he digs deep in explanation to understand deeper. There is also a what kind of spender are you quiz for just in case you aren't sure. Plans are listed to help the spendthrifters. And often both people end up married this book helps navigate the relationship for both parties to try to be on the same page. This book seriously covers it all helping a marriage, helping your children, issues that arise, ways to solve issues, and smarter way to buy gifts. Again thank you to netgalley for trusting me with giving a review.

[Louise Foerster · Rating 4 out of 5]

TIGHTWADS AND SPENDTHRIFTS by Scott Rick goes straight to the heart of so many relationship issues; our relationships with money--the ones we entered the relationship with and the one we create with one another for better or worse, in harmony or at odds with one another. Beyond the terrible awkwardness of dating a person who calculates the tip with precision rather than offering a generous bounty, money can pervade and poison every aspect of the life we share with another: how we buy, what we buy, how we gift one another, earn our livings. I took to heart the examples he shared, cringing a bit at my own past and yet feeling hopeful and empowered to work with my partner and friends for good. I received a copy of this book and these opinions are my own, unbiased thoughts.

[AJ · Rating 4 out of 5]

Please note: I won this book in a GoodReads giveaway.

A very interesting read on people who like to spend money, but feel guilty about it, people who don’t like to spend money, but also feel guilty about it, and the relationships they have. Typically, I would categorize myself as a tightwad, but i feel a bit better about my spending habits I could build after reading this book.

I think it’s a good read for couples who are getting serious and want to know how best to start approaching their finances with each other (chapters 5-7 were great for this). I do wish there was more on sibling dynamics or parent versus children (when their relationships clash over cash habits) relationships, but this book is primarily about couples and raising kids. It meets that goal in entertaining ways.

[Jackie · Rating 3 out of 5]

I've been reading a lot about relationships and money lately, and not really on purpose.

This was an interesting angle on finances, and while it made some good points, I felt like it mostly fell flat for me regarding navigating the actual issues. I found the questions in the appendix and the more interpersonal "growing together as humans" bits to be the most valuable parts, but those aren't really linked to the title or the point of the book, which made rating this one hard. It's probably more of a 2 star in finances and a 1 star in ability to hold my attention, but I'm rounding up because I didn't hate it.

Thank you NetGalley and St Martins Press for sending this book for review consideration. All opinions are my own.

[Lilly Kulaga · Rating 5 out of 5]

I really enjoyed reading Tightwads and Spendthrifts. There is a quiz at the beginning that my boyfriend and whole family took to see where you fall on the tightwad-spendthrift spectrum, with unconflicted consumer in the middle. The book talks about unique challenges that spendthrifts and tightwads face, both individually and as a couple, and strategies to navigate these difficult situations. As a college student, I found this book helpful and shared some of its advice with my friends. I would recommend Tightwads and Spendthrifts to anyone looking to improve how they think about and manage money.

[Bryce · Rating 3 out of 5]

A light and breezy look at spending habits and how they affect relationships, Rick does a good job of summarizing recent research. However, this book is more along the lines of "here are some good things to think about" and less "here are actionable steps and why you should take them". The book is very much about both finances and relationships and while Rick came off as an expert on the financial side, I found him less credible when talking about relationships.

There's a good audience here: seriously dating couples who are contemplating marriage, but I don't know who else needs to read this.

[Bethany (bookish.bethany) · Rating 4 out of 5]

“This book is all about change. Once you understand your spending habits, you can reshape them. You can restructure the way you and your partner handle money to prevent the decay of communal behavior and to avoid unnecessary conflicts.” 💰

Happy #PubDay to TIGHTWADS AND SPENDTHRIFTS: Navigating the Money Minefield in Real Relationships by Scott Rick {#gifted}! Thank you to @stmartinspress for the opportunity to read and review early. I have been in a big financial literacy kick lately and was excited to get a book that focuses specifically on finances in relationships, particularly marriage.

I am wholeheartedly a spendthrift - whoops. And I married a tightwad. So much of this book provides tangible conversations to have or ideas to make your financial health work together - plus, I was very interested in all the research they complied and shared.

While I have no interest in having kids, there is a chapter on navigating finances with kids, which I can appreciate. as I wish I had more conversations around financial literacy with my parents while growing up.

Overall, a fantastic self-help read. If you have financial goals on your new year’s resolution list and want to reach these goals with your partner, this book may be a great starting place for so many important conversations.

TIGHTWADS AND SPENDTHRIFTS is out today.

https://www.instagram.com/p/C14ZfOsrGtI/

[Jenna Deaton · Rating 5 out of 5]

Tightwads and Spendthrifts by Scott Rick is a short and simple non fiction read exploring the navigation of the money minefield in the relationships of our daily life. I was honored to receive a physical arc in addition to this digital arc and will be featuring a more detailed review on my page after I give it an annotation re-read. This title is an excellent read for those with a special interest in the topic but may lose some of its impact-fullness with a general audience.