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The ‘Money’ Talk: Discussing Finances in Relationships

Talking money is hard in relationships, but it pays to know how.

Money is a touchy subject especially when it comes to relationships. Its uncomfortable. Icky even. But if you know how to approach that conversation, it could save you some major grief down the line. Disagreements over finances tend to be one of the leading causes of breakups. Even if it’s awkward, it pays to know how to broach the topic before your checkbook runs into the red. So what exactly are those ‘uncomfy’ conversations you should be having? Here’s what we came up with:

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Debt

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Photo: iStockphoto

Now we’re going from zero to 100. The conversation about debt typically comes when the relationship progresses into the more ‘serious’ territory. We’re talking student loan debt, credit card balances, or big medical bills. It’s a given that some debts will be with you long term, but knowing how your partner prioritizes them is key to seeing what a financial future together looks like. It can be terrifying to talk about how much debt you’re in, but being honest is essential. And knowing that the other person has a well-thought plan to pay back that debt is the best possible outcome. Not having a plan yet can be okay too – maybe you can steer the discussion into a brainstorm on how to work on it.

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What do you think?

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Written by Emma Reed

Emma is a full time gossip chaser. Her passions are riding through the countryside with her doggos and writing stories that make people go WOW. She's the editor at CelebsMags.com.

2 Comments

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