A Guide to Money and Relationships
A version of this article originally appeared on Learnvest.com.
Newsflash: Couples fight about money.
Oh wait, you already knew that.
Half of marriages end in divorce and most of these couples will cite money as the #1 culprit. More often than not your partner will have a different relationship with money than you. Forget whether one partner makes more than another we’re talking money management, not money creation. You’re organized, he’s not. One of you is frugal, the other spends like there’s no tomorrow. You know your credit score and check your credit regularly, while she’s totally out of touch.
All of this can be a major source of contention, but there are ways to keep the relationship thriving despite your financial differences. Here’s how to prepare and ultimately have the “money talk” with your partner.