money talks

Open Communication = Understanding

In order to build healthy relationships, couples need to discuss their views about money early on. Why is this?

1. Couples need to understand their partners’ views on money because they play a fundamental role in each of their lives.
2. If couples decide to be together, they’ll be faced with day-to-day money decisions that affect them both.
3. It helps for couples to be on the same page financially from the start.

ALL these statements are true. Discussing money can help couples determine their compatibility and avoid serious pitfalls and patterns as their relationships progress. To start the ball rolling, discuss these five questions: How do you feel about spending and saving money? What are your financial goals? How much debt do you have? What’s your credit score? Will this be an open and equal financial partnership?