5 Money Lessons Every Couple Should Know
COL Financial
Expert
Key Points
• Set your financial goals • Know each other's personalities • Open up about your financial role • Discuss how you can put your plans into action • Always do it together
Having an open communication and mutual understanding when it comes to money matters are keys to having a successful relationship.
To make sure you and your partner are on the same page when it comes to money, here are five tips you should follow:
1. Set your financial couple goals
Regularly communicate with your partner on what your financial goals are, whether they’re personal goals or couple goals.
This will help you understand your financial priorities and plans, and will make it easier for the two of you to create the future you envision together.
2. Know each other’s financial personalities
Being attracted to each other doesn’t mean you’re on the same page all the time, especially when it comes to money matters.
As you try to understand how you and your partner view money, you can learn to adjust to each other and adopt the best practices that you both have over time.
3. Open up about your current financial role
Be honest and listen to each other about any financial responsibilities and limitations you might have presently.
Work together in creating a financial dynamic that will support you and your partner’s situation and goals.
4. Discuss how you can put your plans into action
Keep your #couplegoals moving by making sure you take steps to reach them.
Set a regular date night for the two of you to assess your progress, talk about what you need to adjust or do, and figure out how you can help monitor expenses, save, and invest.
5. Always do it together
The key to being financially successful as a couple is to always work on it together.
By being open and accountable with each other over the financial habits, plans, and goals you have, you can have a stronger and healthier relationship where you can help each other reach your #couplegoals.
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