Financial Fitness and Wellness | Blog - by SARA CHEVERE

7 Steps To Talking Finances With Your Partner

Experts agree that the solution to solidify a relationship is by being honest about talking about finances with your partner. 

According to a TD Ameritrade study, 41% of divorced Gen Xers and 29% of Boomers say they ended their marriage due to disagreements about money. 

However, knowing about where you stand as a couple when it comes to money and finances and what you can accomplish together is a recipe for success in a relationship. It builds trust and a sense of togetherness.

Of course, things would be a lot easier if these conversations were made before getting married and then continued during the marriage.

Here are the reasons most couples stop talking about money:

  • Fear of being judged by their partner or in-laws
  • Fear of disagreements that will lead to divorce
  • Fear of rejection
  • Avoid increased anxiety 
  • Fear of rejection
  • Fear of having to be honest about secret spendings or secret accounts
  • Fear of failure
  • Fear of becoming vulnerable
  • Fera of projecting...
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