Considerations, cautions and the clever way to do it
Romance and love can be one of the most exciting elements of our lives. And when you include money in the mix, sparks can fly – but not necessarily in the good way.
Money is one of the most common areas of marital conflict according to internationally renowned relationship researcher John Gottman. Closer to home, in Relationships Australia’s, Relationship Indicators Survey, money was cited as the top cause of relationship breakdown.
It is therefore wise when mixing money and love to proceed cautiously and consciously.
In fact, just like it’s no longer assumed that couples will formally marry, have children or even live together, in our modern world fully joining your finances should not be a foregone conclusion.
Just because you’ve decided to move in together, get married or have children doesn’t mean you need to join all your money.
In this episode, I share:
- Six things to consider before joining your finances.
- Two cautions about often overlooked consequences of living together.
- The clever way to join finances.
- Two things not to do when joining finances.