FINANCIAL FRIDAY: Healthy Money Habits for Your Relationship
How To Have Healthy Money Habits In Your Relationship
Neale Sheila Godfrey is an American author, acknowledged expert on family and children’s finances and creator of the topic of kids and money in the United St...
Finances are an enormous area to navigate in marriage and in other intimate relationships. In fact, according to recent statistics, 85% of divorces are rooted in money problems. I’ve had plenty of friends come to me complaining about financial issues with their partner. Unfortunately, it is extremely common. However, there are plenty of people who also thrive in their relationships when it comes to money. How do they do it?
Let’s dive into some of the best ways to speak about money in relationships: First, come clean with your transparency. Debts, assets, resources, income, loans, etc. should all be information hat both partners are 100% aware of. There is no good reason to keep anything money-related a secret when you are about to begin a life together with someone.