Discussing Finances with Your Partner

by Charlotte Wood
(last updated February 21, 2009)

Money can always be an uncomfortable topic of discussion and one that should be approached with tact and skill. You don't have to or need to discuss your finances with everyone, but you should most definitely discuss your finances with your significant other. This doesn't have to be awkward or anything bad; you just need to know how to go about it.

I think the biggest thing to remember when discussing these matters of sometimes a delicate nature is to just be frank. Don't beat around the bush, use euphemisms, or avoid a topic because it won't get you anywhere except to a state of intense frustration. Especially with your partner, you need to be upfront about everything regarding the situation and you need to lay out everything as it is. Don't allow room for misinterpretation because that's where significant problems could brew and those problems could very well extend past the financial realm.

Regardless of who handles the bills and the like, both people in the partnership should be aware of what's going on with the account and other financial obligations. If one doesn't really know what's going on, there is a serious problem. Being honest is the one huge key to discussing finances with your partner.

Be understanding about your partner and their personality and needs; money can be a frustrating part of life and people deal with it differently. Both in the relationship need to be patient and empathic toward the other. You can be completely honest about a situation and still have tact. You don't want to hurt feelings or offend, but if you can both approach this conversation with an open mind and a realistic outlook, there shouldn't be any major problems.

Discussing finances with your partner need not be a dreaded conversation or one that is fruitless. For any relationship of this nature, you both need to be in touch with what's going on for the relationship to be truly successful. If you can remember to simply be upfront and honest yet tactful, then you can have success in the money conversation and make it so you're both in control of your money and assets.

Author Bio

Charlotte Wood

MORE FROM CHARLOTTE

Dealing with Sensitive Skin

Sensitive skin can often lead to breakouts, complexion frustrations, and woes. However, sensitive skin doesn't have to be ...

Discover More

Filing a Tax Extension

Filing taxes is never fun, especially when you're hard pressed for time. Fortunately the government allows you to file an ...

Discover More

How to Remove Cellulite

Who likes cellulite? It's never considered too attractive, and many people wish to remove their cellulite. If you are ...

Discover More
More Money Tips

How to Calculate Your Cost of Living

The Consumer Price Index is a measurement of a basket of goods and services. By looking at the CPI for your location you ...

Discover More

Paying for Multiple Kids at School

Children are great, wonderful additions to any family that help make the darkest days brighter. Unfortunately they also ...

Discover More

Getting Your Credit Report

Today more than 50% of all credit reports have errors. You are entitled to a free credit report annually, take advantage ...

Discover More
Comments

If you would like to add an image to your comment (not an avatar, but an image to help in making the point of your comment), include the characters [{fig}] in your comment text. You’ll be prompted to upload your image when you submit the comment. Maximum image size is 6Mpixels. Images larger than 600px wide or 1000px tall will be reduced. Up to three images may be included in a comment. All images are subject to review. Commenting privileges may be curtailed if inappropriate images are posted.

What is eight less than 8?

There are currently no comments for this tip. (Be the first to leave your comment—just use the simple form above!)