It’s never an easy conversation. In fact, 75 percent of Americans who are (or have ever been) in a committed relationship say setting financial goals with a partner is more difficult than as an individual and 82 percent of American couples admit they fight about money.
The real issue is that talking about money is still considered a faux pas; not only is it deemed rude, but it’s just, well, awkward. But discussing finances with your significant other is crucial for a healthy and mutually beneficial relationship. So how can you both get over that dollar sign-shaped hurdle?
Cue the all-purpose café.
As part of its Money Coaching program, the new Capital One Café in Rittenhouse Square is offering a series of free Money and Relationships Workshops to help couples at any stage in their relationship unite their personal values and financial goals – whether that means saving for a second honeymoon, splitting rent costs or just finding a way to initiate a financial conversation. With an open dialogue series like “Talking Money with Your Honey,” Capital One provides the tools and platform for couples to come clean about their financial concerns.
To kick off the workshop series, Capital One is hosting “Money Matched,” a free, live dating game event on Wednesday, October 18 at 5 p.m. Moderated by Capital One Money Coach Megan Lathrop, the game will determine how well local couples know (or don’t know) their partner’s money values.
The participating Philly couples include Laura and Lance Longwell, the world travelers behind the blog Travel Addicts, Kellan and Nicole White, the community contributors deemed one of the city’s most stylish couples of 2017, and Erica and “J” Gwynn, the newlyweds who purchased their first home after Erica founded her lifestyle blog Coming Up Roses.
The three couples will go where few married people have gone by airing their financial strengths and weaknesses in front of a café audience to remove the stigma surrounding the subject. Capital One hopes to emphasize that every couple is different, but that honest communication is the most effective way to combat problems.
Check out the continuing workshop series calendar below:
- Wednesday, October 18, 6 – 7 p.m. : Talking Money with Your Honey
- Wednesday, October 25, 5 – 6 p.m.: Talking Money with Your Honey
- Wednesday, November 1, 5 – 6 p.m.: Your Money. Your Values.
- Wednesday, November 8, 5 – 6 p.m.: Your Money. Your Values.
Outside of workshops, the Capital One Café is dedicated to redefining the Philadelphia bank experience by serving as a community resource. Providing places to charge devices and set up impromptu conferences in free meeting rooms or nooks, the café offers a space designed for how people live and bank today. The Rittenhouse Café is all about solving people’s financial problems and helping them reach their money goals – whether that’s through the interactive demo bar with a financial knowledge quiz, free Money Coaching sessions or Money Workshops, or the cash-deposit ATM for any denomination. More targeted complimentary workshops like the couples’ series will be available.
Customers don’t need a Capital One account to take advantage of the space – or the tasty coffee, pastries and free Wi-Fi.