Establishing and working to achieve personal goals is great to have. It gives you a sense of mission, objective, and target to work towards to. If you share financial goals with another person such as spouse or significant other conversations about money is going to be an important topic to talk about regularly. Divorce rates and separation rates due to finances is increasing. To counter this trend get on the same page with your partner.   

The divorce and separation rate trend doesn’t surprise me because money is so sensitive to everyone. It’s hard to earn and easy to spend. If someone else is spending your hard earned money you know you’re going to have a serious talk.  

Not just spending but everything that money is a part of will need to be discussed. Whether you are in the dating phase or married, many topics will apply.  

• Who pays for what? 
• Separate banking accounts or joint account or both? 
• Split bills?  
• Does the person who makes more pays more?  
• Does the person with less debt help pay the partner’s debt? 
• Are you spending on things the partner does not approve? 
• If you have children, how to divide the expenses?  
• Does your partner have more expensive hobbies than you do? 
• What if one is saving more than the other? 
• What if one is spending more than the other? 
• If you have separate accounts, will you share what’s in those accounts with your partner? 
• Is there anything you are hiding?     
• Is there anything financially you don’t want your partner to know? 

As you can see, the finances affects you and your partner on a daily basis which is why it’s so important to talk about finances as a family or couple. Your finances can tell a lot about you. Are you willing to be transparent about it or are you hiding something?  

Personal financial independence success depends on open communication and transparency with your partner. Not being on the same page with your partner could slow down and/or set you back on your journey to financial independence. Don’t let the taboo of sharing your finances hinder your relationship. If you are interested in following my journey and their journey, follow them on Instagram and email subscribe to get alerts of latest posts or follow me on Facebook, Instagram, and Pinterest.