Michelle Fox |AUG 25 202112:06 PM EDT | UPDATED WED, AUG 25 202110:53 PM EDT | CNBC.COM | Money disagreements
Money disagreements over money can ruin relationships.
To be sure, families will not always agree on all financial matters. It is how you handle the situation that counts.
“Money is emotional,” said licensed marriage and family therapist Dr. George James, chief innovation officer, and senior staff therapist at the non-profit Council for Relationships.
“Try to communicate about money,” he added. “Don’t make it this thing that no one talks about.”
For Derek and Jocelyn Porter, who own a Philadelphia-based children’s entertainment business called D&J Costumes, it was a disagreement over whether to buy a new $60,000 car that brought them to a stalemate.
Jocelyn Porter, who appeared on CNBC’s “Money Court” along with her husband, wants to get a new Mercedes to replace her old car, which is having transmission problems.
“I have had my E350 Mercedes for the last five years,” Jocelyn Porter said. “It adds a touch of class and quality to my business.”
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