Money makes the world go ’round.
A sad reality, but a reality nonetheless. Much of our lives is spent earning, saving, and spending those sweet dollar bills. We go to the bank weekly. We have credit and debit cards. We go shopping and we go out for dinner. It all costs MONEY.
Then why is talking money with your partner often such a taboo subject? In doing my own social research (by that I mean, asking a bunch of my friends), I’ve discovered that most, if not all of them are hesitant to speak with their partner about their financial situation. I get it! Talking about your debts and your bills with your lover is not exactly the sexiest way to spend an evening, but in my opinion its a necessary evil.
You relationship, if its a good relationship in the first place, should be built around a basis of openness and communication. So why should that be any different when it comes to financial situations?
These conversations can be extremely awkward, especially if you’re in a situation where there’s a large discrepancy between what you and your partner earn. I believe that the easiest way to approach this is as a chore – like doing the dishes, taking out the trash, or getting down on both knees and scrubbing the toilet bowl.
Set aside some time every week to sit down over a glass of wine and talk about this stuff. Get everything out in the open. Work together to find solutions to your financial problems. Make some informal (or even formal) budgets. Just TALK. Though the first couple of times may be a bit painful, having these discussions will certainly pay off.
You will find that, openness about these matters will lead to a lot less stress in your day-to-day relationship – I find that, personally, financial issues are at the root of MANY common relationship problems, from lack of communication to lack of excitement in the bedroom.
Above all, make sure that you and your partner are on the same page or at the very least are both ready to communicate openly. It’s OK to disagree on certain things – just make sure that you work together!