Love and Money
Money can make or break a relationship – really.
The Journal of Consumer Research found that money can bring couples closer together. Those with joint accounts experienced increased marital satisfaction compared to those with separate accounts. Conversely, finances can also drive couples apart. The Institute for Divorce Financial Analysts study found “money issues” to be one of the top three causes of divorce, behind basic incompatibility and infidelity.
Clearly, money is a big deal when it comes to maintaining a healthy and happy relationship. Broaching the subject can seem intimidating if it’s not something you’re already talking about it – so when is the right time to bring it up?
Nearly one-third of Americans feel that conversations about money should happen at the beginning of a relationship before things get serious. The same amount feels that financial compatibility is more important than spiritual, intellectual, or even physical compatibility with a romantic partner.
The good news? It’s easier to get on the same financial page than you might think. These easy-to-follow guides can help couples navigate their finances while avoiding the awkwardness.
Talking Money with Your Partner
Relationship getting serious? You and your partner need to know how the other feels about key financial issues. Where does money fit in your life? How do you handle credit? What are your long-term goals? We help you ask the right questions to get on the same page about your financial future.
8 Topics Every Couple Should Talk About »
Debt-Free Wedding Planner
The average price tag for a wedding is over $30,000 (not including the honeymoon). Do you really want to start your marriage with debt? Here’s how to plan the perfect wedding without an overwhelming amount of debt.
Tips to tie the knot for less »
Merging Finances After Marriage
Even if you’re on the same financial page before getting married, you may need to address new concerns once you walk down the aisle like whether to get joint accounts, how to split paying bills, and how to prepare for retirement.
9 Topics to Considering When Merging Finances »
Facing Financial Infidelity
Financial infidelity is the term used when one spouse isn’t entirely forthright about their financial situation with their partner. From hidden accounts and secret credit cards to covert dips into savings and unexplained expenses, we help you get honest to shine a light on infidelity so you can move forward as a couple.
How to get past financial infidelity to move forward »
Credit Counseling for Couples
Credit counseling allows you to get a handle on debt, often through enrollment in a debt management program, but what happens when both your names are on an account? Or what if only of you wants to enroll? We explain how credit counseling works for couples so you can find the right path to freedom from debt.
How should you enroll as a couple? »
Finance for a Growing Family
Once children enter the mix, managing finances can get a bit more complicated. Learn how to give your children a leg up and ensure they’ve learned the right lessons as they leave the nest.
Money management for your growing family »
If you have additional questions or need help managing debt, either separately or as a couple, we’re here for you. Call us at (844) 276-1544 to request a free confidential debt and budget analysis from a certified credit counselor.
