Episode 329: Monogamy? In This Economy?

When romantic partners move in together, something they need to figure out is how to manage their finances. Will your money be shared or separate? And who will pay for what? These conversations can be tricky to navigate in general, but they become even more complex when you have multiple partners. In today’s episode, we’re going to dive into money management in polyamorous relationships. We’ll explore financial considerations for poly folks, the financial benefits of being polyamorous, and more. I am joined once again by Laura Boyle, author of the new book Monogamy? In this Economy? Sue runs a blog called Ready for Polyamory. Her first book titled, Ready for Polyamory: A Pragmatic Guide to Consensual Non-Monogamy, was released in 2021. Some of the specific questions we discuss include: Why are more and more people (including monogamous couples) keeping their finances separate today? What are the most common financial arrangements that polyamorous people make? How can poly folks successfully navigate conflicts around money? How do polyamorous people manage money when partners have drastically different incomes, expenses, and debts? What are some of the financial advantages to having multiple partners? You can learn more about Laura and her work by visiting her website. You can also follow her on the socials @readyforpolyamory. Got a sex question? Send me a podcast voicemail to have it answered on a future episode at speakpipe.com/sexandpsychology. *** Thank you to our sponsors! Xersizer is the world’s only FDA regulated hydropump and it provides a discreet and effective way to exercise an area of the body that’s neglected in the gym. To learn more and get a 20% discount off of your purchase, visit xersizer.com/SAP. *** Want to learn more about Sex and Psychology? Click here for previous articles or follow the blog on Facebook, Twitter, or Reddit to receive updates. You can also follow Dr. Lehmiller on YouTube and Instagram. Listen and stream all episodes on Apple, Spotify, Google, or Amazon. Subscribe to automatically receive new episodes and please rate and review the podcast! Credits: Precision Podcasting (Podcast editing) and Shutterstock/Florian (Music). Image created with Canva; photos used with permission of guest.