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Darling, you need a financial makeover
Thrivent Financial/Kiplinger poll finds what we’d change in our mates (if we could)
| MINNEAPOLIS (June 2, 2010) – The desire to “change” something about one’s spouse or partner has likely been a temptation since the days of Adam and Eve. Changing how one’s partner handles money is particularly enticing. A recent Thrivent Financial/Kiplinger Survey of Family Finances confirmed that many couples would give their spouse or partner a financial makeover, if they could.
Nearly two in five Americans (39 percent) with a spouse or partner said they most wanted to increase their beloved’s earning power. Women were more excited to reshape their partner in this fashion than men, (43 percent vs. 36 percent). More than half of those ages 25-34 (53 percent) said they most wished they could increase their spouse’s ability to earn more. Just one in four pre-retirees (ages 55-64) would change their partner in this manner. Three in 10 respondents of both sexes said they wished their partner would discuss money issues more. Two in five seniors (42 percent) said they most wanted their partner to “talk money” more. Twenty-three percent of respondents with a spouse or partner reported they wanted their mate to be less of a spendthrift. Men were slightly more likely than women to desire this change (25 percent vs. 21 percent). Those ages 35-44 (30 percent) were the most likely age group to desire this transformation in their partner. Seventeen percent of all respondents with a partner said they simply wished their spouse did his or her share of routine money management duties. Men were more likely than women to desire this change (19 percent vs. 14 percent). One in four seniors (25 percent) desired this change in their mate. One in 10 respondents said they wished their spouse/partner was less of a tightwad, with 13 percent of pre-retirees and retirees most likely to wish their partner would loosen his or her proverbial purse strings. “Without good communication, couples can easily drive off the cliff of financial harmony,” said Patrick Egan, director, Asset Management, for Thrivent Financial. “Each partner in a relationship needs to understand the values around finances that are important to his or her mate. Discussing these values and setting aside uninterrupted time to discuss goals, dreams and joint financial performance can go a long way to ensuring you financially understand the one you love.” Related Information More information from the Thrivent Financial/Kiplinger Survey of Family Finances is available in the June 2010 issue of Kiplinger’s Personal Finance magazine as well as online at kiplinger.com/links/moneysurvey and thrivent.com/moneysurvey. About the Thrivent Financial/Kiplinger Survey of Family Finances The Thrivent Financial/Kiplinger Survey of Family Finances was conducted by Synovate, a global market intelligence firm. The national online survey was conducted between March 3-5, 2010, among a nationwide sample of 1,000 U.S. adults aged 18 and older. The margin of error for questions posed to all 1,000 respondents is +/- 3 percent. About Kiplinger’s Personal Finance Kiplinger’s Personal Finance magazine has been providing millions of Americans with down-to-earth advice on managing their money and achieving financial security since 1947. Along with Kiplinger.com, it is a highly trustworthy source of information on saving and investing, taxes, credit, homeownership, paying for college, retirement planning, car buying, and many other personal-finance topics. Join Kiplinger on Facebook and follow Kiplinger on Twitter. About Thrivent Financial for Lutherans Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.6 million members achieve financial security and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit Thrivent.com. Also, you can find us on Facebook and Twitter. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, 800-847-4836, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents of Thrivent Financial. Bank products and trust services are offered through Thrivent Financial Bank®, (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, securities, investment advisory services, and trust and investment management accounts are not deposits, are not guaranteed by Thrivent Financial Bank, are not insured by the FDIC or any other federal government agency, and may go down in value. For additional important disclosure information, please visit Thrivent.com/disclosures. -END- 201001844 |
| Contact Information: | |||
| Brett Weinberg Director, Public Relations brett.weinberg@thrivent.com Phone: (612) 844-4272 | Dave Rustad, APR Senior Media Relations Specialist dave.rustad@thrivent.com Phone: (612) 844-7037 | ||
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