Thriving in Love and Money - Part 2 (Transcript)

Dr. Dobson: Well, hello everyone. I'm James Dobson and you're listening to Family Talk, a listener supported ministry. In fact, thank you so much for being part of that support for James Dobson Family Institute.

Dr. Clinton: I'm Dr. Tim Clinton for Dr. James Dobson's Family Talk. Before we begin today's broadcast, I want to encourage you with a message from the Bible. During these uncertain days, read Psalm 62. I hope you'll do that. In this passage, King David praise the many dependable attributes of God. Here are just a few of them: God is our refuge; rock; fortress; defender; rescuer; and our salvation. I hope you'll remember these qualities in the midst of these trying times. He is there for you. And we will get through this, with God's help.

From Dr. Dobson, his wife Shirley, their entire family, and everyone at the James Dobson Family Institute, have a blessed Christmas season. Let's begin.

Roger Marsh: Welcome friends to today's program! I'm Roger Marsh, and today we are revisiting another program that made our 2020 best-of-broadcast list. Hope you enjoy it.

Though there are a variety of challenges that every married couple may face, the one that puts more pressure on the marriage than all the others is money. Take a look at the teachings of Jesus, and you'll soon discover that He taught more about finances than any other topic. He knew we would face tremendous struggles and strife in this area, but in doing so, He also shows us how getting on the same page spiritually and financially can bring harmony in a marriage as well. Today on Family Talk, Dr. James Dobson will continue his enlightening discussion on this topic with Shaunti Feldhahn. Shaunti is a widely respected social researcher and a bestselling author with over 3 million books sold, to her credit.

She's a graduate of Harvard University and has worked on Capitol Hill and Wall Street prior to embarking upon her career as a writer and researcher. Shaunti and her husband, Jeff, make their home in the Atlanta area, along with their two teenagers. She is with us once again, to continue the conversation about thriving in love and money, which is also the title of her latest book, coauthored with her husband Jeff.

Dr. Dobson: Well, Shaunti, we ran out of time yesterday. We were talking about your book, Thriving in Love and Money, And we were talking about the five game changing insights about your relationship, speaking of the reader, your money and yourself. We dealt with two of them and we've got three to go. Plus, I want to hear the solutions and suggestions that you have to offer. So what's number three?

Shaunti Feldhahn: So, number three is it turns out that one of the things running under the surface is that we're just resisting being one in marriage in general, and it's coming out in how we handle money. We just kind of want to do what we want to do. You'd think there was this thing called sin and it's coming out in how we handle money. It is so easy for us to sort of ... and this especially works more during a time of prosperity where it's easy to say, "You know what? Just for convenience, you do your thing with money over here and I'll do my thing with money over here. We're not really going to coordinate." We say it's for convenience, but really what we're doing is avoiding-

Dr. Dobson: So, it's a byproduct of the tension on other subjects, on being married.

Shaunti Feldhahn: Yes, definitely. It just happens to be that money-

Dr. Dobson: Did you find that one of the most common things that people tell you about?

Shaunti Feldhahn: Very definitely.

Dr. Dobson: How do they express it?

Shaunti Feldhahn: Okay. I'll tell you the funniest one was we're in the middle of an interview with a couple, and this couple was ... I can't remember where we met them, at the grocery store or something. We were just talking to them, and they were talking about the fact that they had separate bank accounts and they believed very strongly ... They were a young couple; they'd been married about five years. They believed very strongly that, "We should be 50/50, split everything right down the middle. Your paycheck goes into your account. My paycheck goes into my account," and in the middle of this interview, she turned to him and go, "Oh, would you Venmo me $52 for the gas bill?" Oh my goodness.

Dr. Dobson: It's mine and yours.

Shaunti Feldhahn: It's not ours. Right? That's the case, and we have to recognize this. That's the case in a lot of ways in marriage in general. There are a lot of things that we kind of just want to handle things the way we want to handle things, whether it's me as a mom thinking that I know the right way to handle things with the kids and, "What are you doing?" Whether it's that all the way to anything about money. There are so many areas where we don't realize that we're really resisting being one the way that God asks us to.

Dr. Dobson: How common do you find that separate bank account thing?

Shaunti Feldhahn: It was almost 50%.

Dr. Dobson: Come on.

Shaunti Feldhahn: Almost 50%. Remember, this was a nationally representative survey. So amongst churchgoers, it was lower than that. I'd have to look at the numbers, but it was still somewhere around 30%. 25, 30% among churchgoers. It just enables them to not have to talk about it, to not have to come together. This is one of those areas that Jesus knew what He was talking about when He said, "Where your treasure is, there your heart will be," because it really does reveal the heart. Every pastor talks about that from the pulpit when they talk about tithing, for example. Your willingness to tithe reveals whether you trust God or not. It's interesting. The thing that we realized as a part of this research is it's not just that it reveals the heart. It also really steers the heart and just like our choice to tithe and give and trust God in that, it helps us trust God more.

It's the same thing when we choose to handle our money in a way that's like, "You know what? I am going to say it is more convenient to have your account and my account, but it needs to be ours." There's nothing wrong with having two different accounts for convenience sake in a technical sense. But if it's keeping me from talking about it and if I'm hiding something and you can't see what's in my account because I'm worried that I want to have a little bit on the side just in case.

Dr. Dobson: Boy, I'm really surprised that it's that prominent, that you have separate accounts. I would hate that, because it's not Shirley and me, it's not you and me. It is us. It is we.

Shaunti Feldhahn: When you choose to do things together, even though it means you have to give up some of the things you want to do, when you choose to do things together, it steers the heart to we. Right? That makes it not you and me, but we. Now, okay, I know some of your listeners are thinking, "Well, we don't do that." Right? And I bet they don't. I bet most of your listeners really have ... You've taught them on this. They want to be one. They don't have these secret accounts on the side. Everything's combined. I bet that's the case for a lot of them. So some of you may be thinking, "Well, that's not me. We're one around our money. We don't do that." Maybe you do, but okay, ask yourself a different question. Do you ever try to pull the Amazon package off the front step before your spouse sees it? That's the same thing as a desire to do what we want to do.

Dr. Dobson: So this is sort of an excuse, maybe, in some cases for not being accountable to each other?

Shaunti Feldhahn: Great way of putting it. Yes. It's using money-

Dr. Dobson: I earned this money. I'll spend it any way I want to, and I'm not even going to tell you about it.

Shaunti Feldhahn: Correct. Or maybe you earn the money and I'm a stay at home mom, but I want to do this and you don't understand so I'm going to do it and not tell you. I will tell you, my daughter and I, college age daughter, we were at Nordstrom's picking up some jeans that she had had hemmed to go back to college to start her year in college well. The lady at Nordstrom's, when we were picking up the stuff from the area where you go pick stuff up, there was tons of bags and boxes and garment bags. It was just overflowing. I said, "Wow, people are ordering a lot of things being hemmed or something." She said, "Oh, no, no, no, no. That's not what this is. What this is, is people ordering online and having it picked up in the store."

I said, "Why would somebody go to the trouble of ordering something online and not have it delivered to their house and they have to go to the store and pick it up?" She's like, "Because all of the husbands and wives are at home together right now because of the shutdown and all the women come in here and tell me they don't want to have another package delivered and have their husband yell at them."

Dr. Dobson: There's something wrong with that one.

Shaunti Feldhahn: But that's the feeling that's so underneath the surface, even amongst those of us who care about being one in marriage, and we kind of wink and nod at that and we think, "Oh, it's not that bad," but I'm here to tell you, "Yes, it is because it steers your heart away from oneness." It is such a temptation and it is so, so dangerous and something that we have to fight.

Dr. Dobson: So people do fight over this? They do fuss over it?

Shaunti Feldhahn: They do. Like for me and Jeff, one of the things that I noticed years ago when we were first married is that whenever I would come in the door with shopping bags and ... let's say it was the beginning of the school year. The beginning of the school year is always a budget buster because there's always these extra expenses you need to have for school supplies or clothes this year.

Dr. Dobson: Especially this year.

Shaunti Feldhahn: Definitely. It's always one of those things that just takes more money, and so I would know what the budget is and Jeff would know what the budget is, but when I would go to Target for school supplies and I would come back in with tons of extra shopping bags, just because it was one of those days, I would see Jeff's face get really tight and he'd get this stressed look on his face and he'd disappear to his basement office.

Or he'd say something like, "Do we really need all that stuff?" And I'd get defensive, "You don't trust me. I know what the budget is, blah, blah, blah." It would cause issues. So it was so much easier for me to go, "You know what? I'll just keep those extra bags in the trunk until Jeff isn't standing in the kitchen when I walk in." You know what? Again, that is a trap because all it meant was that I didn't have to actually sit down and talk about what was going on, make sure everything was in the open and make him feel better about what was going on, too. Not just me, because that is one of those little things, those little foxes, that really does create a big issue eventually.

Dr. Dobson: Shaunti, talk about the budgeting process itself. Do people fight over that? Is that a source of major conflict?

Shaunti Feldhahn: Yes, it is. Statistically, I would have to look it up, but it was something like, again, that 20, 25% enjoyed budgeting. Everybody else is like, "Please I'd rather go to the dentist and have a root canal." It's definitely one of those things that for most people they do, they sit down, they talk if they have to, but it's definitely not something that they're excited about. As a result, what usually ends up happening is that one person or the other is more budget oriented, I guess, if you want to say it that way.

By the way, this is not gender related. It could just as easily be the wife as the husband who wants to sit down and talk about money. But whoever that is, is more likely to drive the process and so that process gets driven with one party sometimes feeling like what they value isn't valued. We talked about that last time. So the budget gets done. Things get decided on. "Okay, this is what we're going to do," and then it just doesn't get followed quite right. It's because one or both people don't feel like they were invested fully in the process. That's why we say talking about it and understanding these things first is essential.

Dr. Dobson: You talked last time about people falling into two categories, often the saver and the spender. How does that break out sexually? Men and women.

Shaunti Feldhahn: Well, believe it or not, it's 50/50 on both sides. I was expecting the stereotype of women are more likely to be the spenders and men are more likely to be the savers. Because you hear sometimes stereotypes for a reason, but statistically, that was not the case.

Dr. Dobson: That's a surprise to me.

Shaunti Feldhahn: Yeah. Women were just as likely to be the one who's like, "We have to save the money. We have to be careful about this." Now men, again, are more likely to feel the burden to provide, even if they're the spender. Those two things may seem like they're in conflict, right? But that burden is there, even if he likes his golf outings or even if he likes the latest toy to edge the yard or whatever. He still has that feeling of needing to provide.

Dr. Dobson: Okay, what's number four?

Shaunti Feldhahn: So, number four is ... and this is the other gender related one that it turns out that men and women tend to have very different ways of communicating and processing about money. This is actually different ways of processing about everything. It just happens to happen a lot when it comes to money. I think you and I have talked about this before in previous broadcasts when we were talking about men and women, but it turns out that when you have a decision that has to be made, some financial decision. "That kitchen thing is driving me nuts. It's rotting away in the cupboards. It's a danger. We have to fix it." Whatever that money decision is, women are more likely to be verbal processors. Women tend to think something like that through by talking it through, "Oh, I hate it. We got splinters again."

Dr. Dobson: You're putting it nicely. They're bigger talkers.

Shaunti Feldhahn: You're going to get me in trouble. Well, statistically ... and I will tell you, actually, there's a reason why you say that. It's that statistically women's brains are actually wired more to think things through by talking them through. Whereas men's brains are wired exactly the opposite, on average. It's actively difficult for most men to think something through while they're talking it through. So men want to go underground. The guys described it as like an internal chess match. To me, that sounds very odd, but I guess the guys listening will know what I'm talking about, where they will take the, "Okay, the thing needs to be fixed in the kitchen," and they will go underground and they'll do this chess match of, "Okay, well, if we do this and spend this amount of money, then this thing has to happen first. But if that happens, this thing has to happen over here," and they do this entire processing and it can go on for days and it pops out the other end as a decision and he says, "I think we should do this."

Now, we as women, I think this is the beginning of the conversation. If Jeff says, "I think we should do this," I'm likely to say, "Well, but what about this? What about that? What about the other thing?" And Jeff is thinking, "I spent three days thinking about this." So right there, you see this conflict that happens where all of this processing is happening in two different ways. So we're communicating in a very clashy kind of way because he's sharing what he's been thinking about. He thinks then that I'm criticizing him and that happens over and over, and it's especially a big deal with money.

Dr. Dobson: The Lord is the originator of marriage. It was His idea in the Garden of Eden, and He made them male and female, made them different. But it's amazing that it works at all, especially when it comes to talking.

Shaunti Feldhahn: It's amazing you said that, Doctor, because Jeff and I do marriage conferences, when I get to this part and I'm explaining this, I'm like, "It is astounding that the human race survived," when you think about how different we are in this way, and yet we have to learn how to communicate around it.

Dr. Dobson: In fact, let's go to the bottom line, even though we have one more major issue, having to do with the breakup of a marriage. How often is money the root cause of divorce?

Shaunti Feldhahn: Sadly, all too often. There have been a lot of different studies. I will tell you that the conventional wisdom that money is the main cause of divorce, that's not entirely accurate. There are other things like some of these gender differences where people are just not communicating well in general, are actually seem to be much more causal for marriage breakdown. But no matter what, money appears to be one of the top three for divorce problems, heartache-

Dr. Dobson: What a shame.

Shaunti Feldhahn: It is, and that's honestly why I feel like God brought us this topic to research, to go, "What are the things that can not only prevent that, but can actually change money to being an opportunity for connection?" For you to be able to go, "Look, I know you care about fixing the kitchen." For you to be able to say, "I know it seems like I'm taking days to think about this, but I really want you to know I care about the fact that you care about fixing this and just give me a few days," and for her to learn to trust him in that, for her to learn to give him that time, for her to learn to be able to say, "Okay, I want to take control and I want to say, "Well, if you won't fix a kitchen, I'll find somebody who can." Right?

Because that's where my brain tends to go. And instead, to be willing to go, "Okay, I know you need your process." Then for him to come back and say, "Here's what I think we should do, and does this fit with what you want? I'll give you all the time you want to talk about it," and they do and suddenly something that, before, could have set them on a road to shaking apart is now this thing that's an opportunity to go, "But I get you." It's an opportunity to say, "How can we talk about this well?" That's a chance for connection and intimacy that would have been an opportunity for conflict before.

Dr. Dobson: We're talking about money, but in another sense, we're talking about power. We're talking about who makes the decisions, how those decisions are made and who's in charge here.

Shaunti Feldhahn: Yeah, very much so. This is where we go back to that oneness topic that we talked about a little bit ago, which is, it is so, so crucial for us to recognize that both of us have a tendency underneath the surface to want to have the power and to want to be able to do what we want to do. And frankly, to want to control things because it makes us feel better to have sort of a handle on things and to not recognize that the way God designed marriage, both of us are going to have to give up control. Both of us are going to have to give up power to the other. That is what God calls us to do, and it's so not normal in a logical human standpoint, but that's why God calls us a mystery.

Dr. Dobson: Fortunately, and I mentioned this last time, Shirley and I see things very much the same in regard to power and how we spend money. But I've had a strong desire from the first day of our marriage not to let us get into debt. I am afraid of debt. I know that the interest that you pay and everything related to it just creates additional problems. Boy, if you have a major difference on the issue of basically how you're going to run the business of the family, you've got to come to terms with that, or it will eat you alive.

Shaunti Feldhahn: It will, and that's back to the topic we talked about last time of having two different values and not recognizing that what the other person values may have something to say here. It's interesting, I was just doing an interview with a young couple, oh gosh, just a few days ago, where they described a really significant argument over what to do with some extra money that had come in. They'd gotten, I think, 1200 extra dollars, which was like a king's ransom to them. They're not making much money and I think he was laid off because of all the economic uncertainty. They were really arguing about what to do because they had a little bit of student loan debt, and yet during this time of economic uncertainty, he sort of felt, "We should build up a reserve fund. We need to build up emergency funds."

So what do you do? Do you use that windfall to build up the emergency fund? Or do you use that windfall to pay down the student loans? It's not like either of those is demonstrably the only way to handle things. You could see having a reserve funds to meet a month or two of expenses, that's a good thing, and paying off the student loans is a good thing. That's an example where they had a knockdown, drag out fight and yet, because they had learned ... they had actually gone through our book, and because they had learned how to actually talk about it, take off the gloves, recognize they're on the same team, and to be able to hear what was underneath, the heart, the fears or worries, they felt like, "Okay, you know what? We can compromise a bit on this." So he said, "I just feel like we have to have at least six or $800 in emergency fund," and they put the rest towards debt. But they would never have been able to come to that before.

Dr. Dobson: When there's been communication between a husband and wife and they've really thought things through and they still see it differently, one is not lording it over the other. It's a honest difference of opinion about what's right. This may really shock you, but I think the scripture gives that leadership responsibility to a husband.

Shaunti Feldhahn: Because the husband is supposed to be loving his wife like Christ loved the church, I think is one of actually the most beautiful principles of marriage out there.

Dr. Dobson: Shaunti, our time is gone and we didn't get to the fifth and last source of conflict, and people are just going to have to buy your book to get that.

Shaunti Feldhahn: Okay, there we go.

Dr. Dobson: That would be a good idea, don't you think?

Shaunti Feldhahn: That would be good? Yeah. Our ability to pay our staff and all these research costs thanks you.

Dr. Dobson: What an absolutely critical fundamental of marriage we've talked about today. I think your book hits it right on the head and with great practical suggestions and information. This has been wonderful. I appreciate having you here. Well, you're going to get on a plane and go home and you tell Jeff that I appreciate him, encourage you to come here and for his work on the books that he's participated.

Shaunti Feldhahn: Thanks, I will. Thanks so much.

Dr. Dobson: Thank you for being with us.

Shaunti Feldhahn: Thank you.

Roger Marsh: Well, what a great way to end this powerful two-part conversation with our special guest, author Shaunti Feldhahn, here on Family Talk. Our topic has been her book, coauthored with her husband, Jeff, called Thriving In Love and Money. Want to see how your marriage is doing in the areas we talked about these past couple of days? Well, take the Feldhahn's love and money assessment. It will emphasize your strengths, and show you the areas you need to work on in your relationship. Find a link to that quick test on our broadcast page at And for more information on any of the rest of our guests throughout the month, go to Thanks so much for tuning in today, and be sure to join us again next time for another edition of Family Talk's 2020 best-of-broadcast.

Announcer: This has been a presentation of the Dr. James Dobson Family Institute.
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