Marriage & Family

Are You On The Same Page About Money As Your Partner?

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As a couple, discussing about finances can be a hard pill to swallow. After all, money is a common source of issue in martial relationships. It is not something you discuss casually without emotional attachments.

Whether you like it or not, being transparent about your finances is essential in building a strong relationship. Talking about money increases understanding and facilitates cooperation as you work on the same financial goals.

You and your partner probably would not get too in-depth about your finances in the early stages of the relationship. As your relationship gets serious, so does your conversations.

Conversations about money often takes places when a couple moves in together. When this happens, do tap the fundamental elements such as your income and debt.

The next step is to decide how you are going to manage your finances as a couple and as individuals. Decide whether you will combine all your finances or keep them separate. The decision depends on your preferences and spending habits.

If you decide not to combine your finances, you need to discuss how you are going to divide the household expenses. Usually, couples prefer to either split things down the middle or to divide the expenses based on their incomes.

You will realize how different it is to be completely on your own financially and to have somebody to help you. Discussing money with your partner will significantly reduce the likelihood of relationship issues cause by finances. Furthermore, you will be able to work out on your financial goals.

Common example of financial goals include paying off debt, saving up for a flat, and being able to retire at a certain age. Goals will depend heavily on where you are at financially.


Handling your financial differences starts with determining what you can agree on (e.g., setting aside some money for travel or paying household bills on time). Let me illustrate it for you as a spender and as a saver. The spender should be allowed some leeway while following a specific budget for disposable income. On the other hand, the saver should be allowed to satisfy his or her needs by putting away some money to his or her own account. Compromise is the key!

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At the end of the day, mutual respect can helps overcome any disagreements about money. You might not be on the same page all the time, but being able to honor each other’s individual needs can sustain your loving relationship.

Sources: 1 & 2


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