A Financially Responsible Relationship

Although the MCO / RMCO has made sure relationships are emotionally strong by adding more pressure and breaking the weak ones, with more news coming everyday about the worsening economic situation, it is essential for couples to be able to discuss money and finances. Here are 3 reasons why this is important.

Money Equals Future & Commitment

Talking about the next holiday or the next dinner is nice to brighten up a year or a weekend but if you are looking for a more serious next step, talking about money is a must. Talking about money in a transparent way will help you have a better idea on how to best move forward as a couple. This could range of talking about the here and now through salaries, debt, and savings to the future such as a dream retirement and overall goals. This kind of discussion is best for those who are emotionally stable and ready for the next best thing.

Money Isn't About Earning, It's About Everything Money is not just about salaries. Yes it is essential for payment for responsibilities and niceties but it also being comfortable and transparent. Sharing your debt levels and credit score isn't the same as sharing your favourite food but it is definitely more important. Being with someone with terrible credit card management can leave both of you re-evaluating each other's person and may leave one party thinking that it isn't worth it. But if you two talk and discuss about it as adults as well as next steps then things will eventually work out.

If You Can Talk About Money, You Can Talk About Everything

Lastly, if you comfortably talk about financial issues and topics with somebody and feel comfortable and happy to share these personal facts then probably you are in a strong and stable relationship. Some couples think that travelling around the world makes a richer couple which might be true if relationships depend on external validation but sadly this isn't the case.

Having a strong personal foundation is only possible through transparent communication which is mostly seen through financial issues.

Telling someone about your ambitions is one thing whereas talking about your poor spending habits is different beast altogether.