How Does a New Couple Start Having Regular Money Talks?
March 26, 2013 2:05 PM Subscribe
My main squeeze is moving in! Our finances are starting to be a little more comingled and I'm looking for the best, healthiest way to start having a regular "money check-in" as part of our new life together. He is on board with this. How do we structure the conversation? Is there a sample agenda? Do we make it a date night? Help, please.
posted by amoeba to Work & Money (12 answers total) 13 users marked this as a favorite
My beau and I are both responsible about money, and there are no red flags between us on this, but we do have some differences — I make significantly more money than he does, and have substantial savings which he does not. He has a small amount of very manageable debt. We have decided to split our shared expenses on an income-based ratio as Suze Orman recommends.
I am a better long-term planner and has told me he wants me to handle all the big money issues and teach him how to be better at savings, investing, taxes and money management. He is very respectful about all of this and wants to be on the same page so we both feel good about shared expenses and future plans. We both agree that a regular money conversation would be a great thing for us. Once a month, perhaps, where we check in on things. After dating people who were financial disasters, I'm really looking forward to having this part of our lives together, focused, and as a team.
Do you do this? If so, what do you discuss? What do you review? Is there a checklist or agenda you follow? How do you make it fun and pleasant and not a grind? How do you deal with touchy subjects (we don't have any, yet)? Do you reward yourselves afterwards? I would love to have some kind of template to start with so I'm not just winging it.