01 Jul Investing For Couples: When Finance Meets Romance
Couples should be as trusting and intimate financially as they are physically.
How do you get to that point? Talk openly and often about financial matters. You and your partner may have very different understandings of what is normal when it comes to money. It is necessary to discuss each of your perspectives and work together to develop an approach that makes sense for you and makes both people feel comfortable.
Try setting aside time for “money talks” that you plan in advance. For example, maybe you bring up each of your student loans and debts one day, and set another date to talk about spending vs. saving habits and long term goals. There’s no need to jump in all at once – just as you took time to get to know each other at the beginning of your relationship, you can get to know each other financially one step at a time.
These money talks are not just important, they are essential. Your financial future as a couple depends on working as a team. Working together to achieve financial harmony can only make your relationship stronger!