Your Parents Were Wrong

Communication and Financial Transparency are Key to Emotional & Financial Success

When it comes to managing finances, every partnership has its own formula to walk the tightrope and maintain happiness (or ignorance) in the relationship. While the norm is to combine finances, more and more partners are choosing to delay or even forego this financial union. While managing finances separately doesn’t necessarily guarantee failure, the one consistent theme that leads to long term emotional & financial success is good and consistent communication around finances. It turns out that your parents were wrong when they told you that it was impolite to talk about money; that mentality has stunted relationships and financial growth for years. Conversations about finances shouldn’t be awkward or embarrassing; rather, they should be honest, thoughtful, and empowering. Talk about your finances early and often!

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