Talking about your finances can be difficult, especially when discussing them with your spouse or significant other. According to Mint.com, it is important to be open and honest even if the topic is sensitive. Here are some tips that will make this discussion easier and help you understand each other’s expectations.
Talk about the things you are doing right as a couple. Praising one another for smart financial decisions can get the conversation off to a smooth start.
Discuss your money mistakes without pointing fingers. Sharing the bad decisions as well as the good is important. This can be an opportunity to learn from each other. Another benefit is you will both be on the same page, and sharing past decisions will avoid any surprises.
Agree to make this a habitual conversation. Talking about your financial situation more than once is essential. As financial situations change, it is important for both to be involved in decisions that will affect you presently and in the future.