How This PhD Student and Her Higher-Earning Partner Manage Joint and Separate Finances
Personal Finance for PhDs
English - February 19, 2024 09:00 - 35 minutes - 48.5 MB - ★★★★★ - 44 ratingsCourses Education Business Investing debt money budget frugality graduateschool investing personalfinance phd postdoc Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Emily interviews Tram Pham, a 3rd-year PhD student in economics at Uppsala University in Sweden. Tram describes the financial aspect of her relationship with her boyfriend, Markus, from discussing money on their first date to how they structure their joint and separate accounts now that they live together. Even though Tram is the lower earner, she came into the relationship with savings and has guided Markus into starting to save for joint goals, such as emergencies, vacations, and gifts. She knows that her future in academia is likely to require flexibility, so she saves for the unknown. Tram and Markus have learned how to moderate one another's natural saver/spender tendencies so that they both plan for their finances and live in the moment.