The first date might be too early to ask someone how much debt they have, but don’t wait until after you move in together either. Talking about money is awkward and uncomfortable so we shove it under the rug until the relationship hits a major milestone like living together. At this point, you may discover new things that make you reconsider how compatible you are with your partner.  

Money is the most common thing millennial couples fight about, according to a recent survey by Credit Karma. What are they usually about? Different spending habits, not relating to the other person’s financial goals, hiding financial issues, and much more. 

Managing money is complicated and even more so when you’re navigating it with another person. It’s crucial for a healthy relationship to create a safe space to discuss money. This can take the form of having a monthly date night that focuses on money. Sounds like a good time eh?

In your money date, it’s important that it’s a judgement free zone so both parties feel comfortable bringing up whatever is on their mind. It can be used to set expectations about what is important to you individually and as a partnership. What’s working or not working? What goals would you like to achieve? How can the other person support you? Having shared goals can strengthen your bond and motivation to work together.

Talking about money is not necessarily fun, but you will save yourself from lots of heartbreak if you are honest with yourself and honest with your partner. And this goes for things non money related as well.

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.‎

‎-Vivi & Shane