Getting the finances right is a big contributing factor to just about any successful relationship. The first step is to talk about it. But when it comes to money, talking can lead to arguments and accusations. So much so, that many couples give up on the subject and one person assumes control. However this approach is not a win for anybody.
So how do you talk to your partner about money?
1. Accept your differences
All of us have money habits that can help or hinder our road to financial freedom. It is very rare for a couple to have the very same attitudes and habits with money. If they did, that would be a disaster unto itself.
Step 1 is to understand WHY we do what we do when it comes to money. Step 2 is to accept that as you each have different personalities, you also have different Money Personalities.
Armed with these fresh insights about each other, you can work together to plan and manage your money. The insights you gain from your Money Personality Profiles will
Vince Scully
LifeSherpa
With over 25 years in Financial Services from consulting to management, Vince Scully is the go-to guy for wealth management and financial advice. Before creating LifeSherpa, Vince founded the Calliva Group; a fund manager, product issuer, adviser and lender. Vince is an adviser to the Wealth Management Industry, and prior to his role as CEO at Calliva, a senior member of Macquarie Bank’s infrastructure team.
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