Episode Details

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Have you ever asked yourself, “What if I’m a tightwad and my significant other is a spendthrift?” or vice versa? Guest Scott Rick, a behavioral scientist at the University of Michigan’s Ross School of Business, knows many people do. His book Tightwads and Spendthrifts is a science-based guide to understanding and transforming how we manage money, both on our own and in relationships. Scott discusses the delicacy of gift-giving in a relationship, how to manage bank accounts, raising kids to avoid your tightwad or spendthrift tendencies…and how couples with different approaches to spending can create a successful financial game plan.

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