Member-only story
How To Talk To Your Partner About Money
Talking about finances can be difficult, but it doesn’t have to be.
Do you ever feel like talking to your partner about money is difficult?
According to research published by CNBC, “people are 10 times more likely to break up if they think their partner is bad with their finances.”
In situations like these, I’ve noticed that the best way to handle delicate conversations is by being empathetic to your partner’s point of view. Because if you’re not willing to understand the rationale behind their financial situation, it’s challenging to find a solution.
Below are several strategies that have allowed me to have positive conversations with my partner about money. Each of these methods changed my life when it comes to being empathetic about finances in a relationship. Hopefully, they will change yours, too.
Be Open About Your Financial Situation.
An honest conversation about money can only happen when you’re both transparent about your financial situation. For example, talking about how much you earn each month, the amount currently in your checking account, and a list of typical expenses.
