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Here's How to Have a Financially Healthy Relationship, No Matter Who's the Breadwinner


She Makes Money Moves is a new podcast from Glamour and iHeartRadio. Hosted by Glamour editor in chief Samantha Barry, the podcast shares intimate, unscripted stories from women across the country along with advice from financial experts to help guide those women—and women everywhere—forward. Download a new episode every Tuesday, then visit glamour.com/money for an article like this, with more insights from that week’s expert.

More women than ever before are the breadwinners in their households. According to the U.S. Census Bureau, 38% of wives out-earn their husbands. And while the aim should be to have a financial split that makes sense for each couple, research shows that this particular brand of imbalance can make some uncomfortable. So much so that some women lie about their earnings.

The New York Times has reported that in heterosexual marriages in which women earn more, wives will tell the Internal Revenue Service they earned 1.5% less than they actually do. Meanwhile their husbands will falsely claim to have earned 2.9% more than they do.

This week’s guest on She Makes Money Moves makes more than her husband. But the problem in their relationship isn’t that she has a bigger paycheck; it’s their different spending habits. Her husband is frugal, which makes her feel guilty when she spends money. She’s now expecting a baby and she’s worried she’ll feel even more reluctant to spend anything on herself once they have a child. To help her navigate her spending anxiety, Barry welcomed Shannon McLay, founder and CEO of the Financial Gym to the podcast. Here, McLay explores how to have a healthy financial relationship with your partner—no matter who’s bringing home the bacon.

Be up front about your money goals.

Have a conversation about both of your money goals. This will allow you and your partner to dream together and then plan together. You can discuss things like where do you see yourselves going in life? Do you want to own property? Do you want to have a family? Where do you want to live? Do you foresee any career pivots in the future? Is traveling a priority? All of these questions are important to answer and align on when deciding to enter (or stay in) a long-term committed relationship with someone. Especially when there’s an imbalance in income.

Get financially naked.

Couples are comfortable getting physically naked with each another, but more often than not they’re uncomfortable getting financially naked. Opening up about your finances is an important step in a relationship, and it’s one I encourage couples to do early and often. What does this mean? Each person should lay out their assets, debts, expenses, and personal financial goals they’re working on. Doing this can help ease any discomfort around deciding who pays for what, or how you plan your dates and vacations together. But more importantly it will help you understand one another’s priorities when it comes to your overall financial health.

Transition from viewing money as “mine” & “yours” to “ours.”

If you and your partner are working towards the same goals, then both of your incomes will feel like they are the tools getting you to those goals, together. Thinking about your finances as shared money going towards a shared future will make you and your partner feel less competitive and instead, more collaborative. Because if you’re constantly deciding how to split things up and the “fairness” of the division, the relationship can begin to feel more like splitting the bills with a roommate and not an intimate life partner.

According to a survey by Fidelity, the sponsor of She Makes Money Moves, 80% of women aren’t talking about money with the people closest to them. Today Glamour invites you to the conversation: Subscribe on Apple Podcasts, in the iHeartRadio app, or wherever you listen to podcasts, and join us as we help women raise their voices and make money moves.



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Parenthood Is Expensive: Here's How to Prepare Your Budget


She Makes Money Moves is a new podcast from Glamour and iHeartRadio. Hosted by Glamour editor in chief Samantha Barry, the podcast shares intimate, unscripted stories from women across the country along with advice from financial experts to help guide those women—and women everywhere—forward. Download a new episode every Tuesday, then visit glamour.com/money for an article like this, with more insights from that week’s expert.

It’s no secret that having children is expensive. But the actual numbers can still come as a shock. On average, middle-income parents in America will spend more than $230,000 to raise a child, from birth to age 18. And that number doesn’t include the expense of college (which typically costs more than $100,000 over four years). It’s a tremendous undertaking.

Of course, cost alone shouldn’t stop you from having children. It just means that you’ll want to think strategically about how becoming a parent will affect your finances and plan accordingly. This week’s guest on She Makes Money Moves is the mother of a one-year-old son. She and her husband would like to have more children, but they’d also like to purchase a home and save for retirement. To help her figure out how to do that—without going broke—Barry welcomed Shannon McLay, founder & CEO of the Financial Gym, onto the podcast. Here, McLay breaks down how you should prepare to pivot to parenthood.

Plan as far ahead as possible

When Financial Gym clients first start working with us, we’ll ask them what their short-term, medium-term, and long-term goals are. Most people have a really clear idea of what their short-term goals are (stop living paycheck-to-paycheck, build up savings and pay down consumer debt) and even have a vague idea of their long-term goals (retire some day). But medium-term goals are often very gray and murky. Especially when it comes to working with single women in their 20s and 30s. We’ll ask them if they intend to get married and have a family in the future. They usually respond with “I’m not even dating anyone…but yes, eventually.”

We often forget that life goals equal financial goals, and making the decision to become a parent comes with some serious financial implications. Do you think you’ll want to freeze your eggs? Do you work in an industry that could offer maternity leave, or are you self-employed and would need to fund it on your own? If you ran into infertility problems would it be important for you to take further measures like IVF to have a baby or would you want to adopt? The sooner you start thinking about the possible routes you may want to take, the more prepared you’ll be mentally and financially when the expenses come up. (Of course there are many cases where parenthood is impossible to plan for far in advance. So in those instances, we recommend sitting down and mapping out a budget early into your pregnancy.)

Decide on childcare options

The next step is to consider what types of childcare options you have available to you and how you’ll afford them. We always suggest that future parents calculate the monthly expense of having a child and set that amount aside, depositing it in a baby fund. This helps them save up the upfront costs of becoming a parent and gives them time to incorporate the cost into their budget so it’s not so much of a shock when the child arrives. For example, infant daycare is about $1,000 a month. You can feel confident that you can afford daycare if you can effectively save $1,000 a month towards your baby fund.



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Demi Lovato Is Dating Model Austin Wilson: Here's Everything We Know


Demi Lovato has been keeping a low-profile lately, recently sharing that her central focus right now is music and her health. Still, she had one semi-public romance with Bachelorette contestant Mike Johnson earlier this year that started when she joking posted a photo of him on her Instagram Story that said, “Mike, I accept your rose.” Their fling reportedly fizzled out, but now it seems Lovato has found a more serious relationship with a new guy named Austin Wilson— and she’s taken it to Instagram.

Lovato posted a black-and-white shot of Wilson kissing her on the cheek, captioning it, “My ❤️…” Wilson also shared an image of the two of them together and wrote a similar message: “My love.” The internet immediately started buzzing, with people wondering who the new mystery man is. What we know so far is that he’s a 25-year-old model who’s worked for brands like the men’s skincare line Baxter of California. His dad is the Dogtown Z-Boy skater-turned-denim designer George Wilson.

It’s unclear how the couple met, but they seem to have a few friends in common, including the late model Thomas Trussell III. Lovato got a small tattoo to honor his life, while Wilson posted a note on Instagram mourning his death.

The new relationship comes at a time when Demi Lovato says she’s getting ready to launch new music. She opened up about this at the Teen Vogue‘s 2019 Summit in Los Angeles, her first interview in about a year, and made it clear how excited she is to share new work with fans.

“Genuinely, I just want people to remember that I’m a singer. A lot of the things that have been through have [outshone] my success in the music industry. I just want people to remember that that’s what I want to give to the world, so please focus on that and not the other things,” she said. “It’s important to remember that I am so cautious this time around of jumping back into things. I’ve really decided to take my time with things. When the time is right to release new music, I will, and nobody is more anxious than me. “



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Are Kylie Jenner and Drake Dating? Here's What We Know So Far


Since her breakup with Travis Scott, Kylie Jenner‘s dating status has been the subject of many a conversation.

First, there were rumors that she was hanging out with her ex-boyfriend, Tyga, at a recording studio. “The internet makes everything 100 times more dramatic than what it really is,” Jenner tweeted in response to the reports. “There was no ‘2am date with Tyga.’ You see me drop two of my friends off at a studio that he happened to be at.”

“Travis and i are on great terms and our main focus right now is Stormi ‼️ our friendship and our daughter is priority,” she continued.

Now, new sources tell People that the billionaire beauty mogul is hanging out “romantically” with Drake. “He and Kylie have been spending time together recently,” another source said. “They’ve been friends for a long time and Drake is very close to the family.” However, others say the two are “just friends.” Jenner reportedly attended Drake’s 33rd birthday celebration and also stayed “super late” at his Halloween party—not that those two things prove the pair are dating.

Jenner and Scott’s split become public knowledge in early October. “We’re told they’ve been trying to make the relationship work for a while, but several weeks ago they decided to step away,” TMZ reported, while People‘s sources said, “They are taking some time but not done.”

The former couple was seen together with their daughter, Stormi, at a Halloween event last month, along with Kourtney Kardashian and two of her children. “They were very involved with Stormi, taking turns rolling her around in a pink, Ariel-themed stroller,” an onlooker adds. “They were extremely attentive and had their eyes on her at all times,” a source told People.

The Kardashian/Jenner clan is reportedly hoping for a reconciliation between Jenner and Scott, according to the magazine: “Travis might not be perfect, but he’s a great partner and dad. Everyone would be upset if Kylie can’t figure things out with Travis.”

Neither Kylie Jenner nor Drake have commented on the latest rumors.



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Lady Gaga Is Starring in a Movie About the Gucci Family Murder: Here's What We Know


Ever since Lady Gaga floored critics and audiences alike with her performance in A Star Is Born last year, the world’s been waiting to see what movie she’ll do next. And now we know: Deadline reports the pop icon is slated to star in a film about the Gucci family, specifically the murder of the founder’s grandson.

Gaga will play Patrizia Reggiani, who was convicted in 1998 for arranging the murder of her husband, Maurizio Gucci. She was released from prison in 2016 after serving 18 years.

Ridley Scott, who’s directed several critically acclaimed movies, like The Martian and Gladiator, will helm this project. If his previous work is any indication, we’re in for another awards-season blockbuster. (Scott himself has amassed four Oscar nominations, while Lady Gaga scored a nomination for best actress and a best original song win for “Shallow,” the central tune in A Star Is Born.)

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Not much is known about the Gucci project at this time, but here are a few details.

The plot: From a script by Roberto Bentivegna based on Sara Gay Forden’s book, The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed, the movie will center on the rise of the Gucci empire and its foray into the corporate world under CEO Domenico De Sole and creative director Tom Ford. Interspersed with this is the story of Reggiani, who had two daughters with Maurizio Gucci (he left her in 1985 for a younger woman). According to Deadline, Reggiani had a brain tumor removed, which her children blame for her actions involving Maurizio’s murder. But the tabloids weren’t as kind to the matriarch, dubbing her a scorned “Black Widow.”

The cast: Lady Gaga is the only actor attached to the project right now. That will surely change soon.

The director: Ridley Scott.

The release date: Unknown at this time.

We’ll update this post as more details come in.



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Here's Why Jenna Dewan and Channing Tatum Chose to Divorce


In her new book, Gracefully You: How to Live Your Best Life Every Day, Jenna Dewan reveals the reasons she and Channing Tatum decided to split up in April 2018.

“I’d come to realize the dynamic I was in wasn’t serving me nor was it serving my daughter,” the actor-dancer writes, according to People. “First and foremost I had to accept the realization this isn’t working and had moved into hurting.”

In the book Dewan says she and Tatum decided to call it quits the night before she started filming World of Dance season two. They were able to keep news of the split hush-hush during most of production.

“The public saw Channing and I in this idealized romanticized light,” Dewan also writes in her book. “This made things difficult for me because I like being as honest and real as I can.”

Earlier this month Dewan told People that she was “gutted” by her marriage to Tatum ending. “It was so difficult for me,” she said. “It was the loss of an idealistic future for myself and my life. What does that now look like for me? Where do I begin? I met him when I was 24. I didn’t know life without Chan.

“It was a hard journey of growth and change,” she continued. “Ultimately, now I can honestly say that I’m living in a very joyful new place in my life, and I’m happy about it.”

That joyful new place in her life includes a relationship with Broadway actor Steve Kazee and a baby on the way. Dewan confirmed she and Kazee were expecting on September 24 via Instagram. “Becoming a mother is quite simply the absolute best most incredible thing that has ever happened to me,” she wrote. “@stevekazee you are a gift from above and i couldn’t be more excited to be expanding our family together…! Thank you guys for all the love!!” See the post for yourself, above.

Jenna Dewan’s book, Gracefully You: How to Live Your Best Life Every Day, is now available.



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