Money management might seem like the most unromantic subject in the world but it’s essential if a marriage wants to start on the right footing. So, how do you broach it?
Words by Lum Yin Peng
Couples in love can talk about anything and everything, but financial matters seem to be last thing on their agenda. In fact, for many new couples, money management is a taboo subject. After all, you don’t want to be seen as being too money-minded to your significant other, right?
Yet, surveys have shown that differences over spending habits and money management can put a real strain on any relationship. So, how do you even begin to talk to your partner about money?
Perhaps it’s important to firstly clear up one big misconception – that talking about money is being impersonal. If you really think about it, sharing about one’s financial situation is a very personal thing. Talking about money brings your relationship to another level of intimacy. In fact, it’s often the beginning of discussions on how you can harness the power of one whole versus just two halves.
When we were a young couple, my then-boyfriend (now husband) and I decided to open a joint savings …read more