Who earns the most money in your family? You or your partner? Who pays for food and basic services? These and more are the questions that people consider important when talking about finances as a couple. . However, the answer of how to maintain a healthy relationship in finances, It is deeper than we think. And it has to do with elements not related to the material.
Augusta Bustamante, Social Responsibility Manager of Diners Clubexplains to us five important keys to consider when managing finances as a couplewhich you should not take for granted:
Do they have financial personality?
The first key is to know the other person. Discuss openly the strengths and weaknesses that each possesses is an important aspect to define who has better skills when managing and controlling the budget.
It’s not just talk…
It has to be constantly present so that economic relations are clear, balanced and agreed upon in advance, says Augusta.
Certified finance specialist Jill Schlesinger explains that talk of money is often seen as a burden. However, when good communication is involved, things change.
These conversations are often a challenge for the couple, because they usually deal with more than money involved.
Barry Jacobs, family psychologist
And although there is no secret formula to be successful in this type of talk, it is important remember that both people feel respected and empowered equally, stresses Jacobs.
Form joint goals
Bustamante confirms that the couple must be open to establishing shared goals and being honest about their finances. As well should discuss individual projects; from investing in studies or training, through planning a trip with friends, to buying a good. The idea is to analyze if they can match the goals and help each other to reach them.
Set tasks and roles
For the couple’s finances to work, each one must take care of certain tasks such as managing bank accountsthe payment of services, control of investments or consultations with the accountant.
Have you heard about the shared budget?
It’s important to set your financial priorities, which means defining what you want your future to look like. Although each one may have their own goals and dreams, life as a couple implies sharing some objectives for which economic commitment is key, says Augusta. Additionally, it is necessary for the couple to define how each one will contribute to the common expenses, whether in money, time or work. Some specialists also recommend establishing a common savings fund for contingencies and another to meet medium or long-term objectives.
Be kind to each other
Literally, that is one of the main tips according to specialist Schlesinger. Managing finances with another person is often complicated, even more so when there is a close relationship involved. However, with good communication and the ability to work together, can collaborate with each other and put together the best and most comfortable strategy for you and your partner. (I)
Source: Eluniverso
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
