Here are 5 tips to keep in mind:
- Money conversations fall into six key categories. Be sure to discuss all of them – often.
- If the same money issues keep popping up, look below the surface. Arguments often appear to be about dollars and cents; but there may be more to them, like power struggles, commitment issues, ego or lack of respect.
- Learn from other people’s mistakes – like those who’ve gone through a divorce. One of the biggest regrets of divorcees is: Not talking about money.
- Be honest with yourself and with each other.
- Reflect on your values and what’s driving your money decisions. Use discussions as a tool to bring you closer together.
Experts agree that financial conflict is stronger, longer lasting and predicts divorce better than other marital issues. If that’s the case, one financial therapist raises a poignant question all couples may want to ask themselves:
If you truly love someone and you know that finances are the No. 1 thing that people argue about—and can break up a marriage–why wouldn’t you want to have the courage to open up to each other?
Good question. If you agree, and you’d like to work on your communication skills, here are some tips to get you started—or to help you get even better—at talking about the “m” word.
Above all, don’t give up hope! Some couples have come back from the brink of divorce because they made a conscious effort to stop making mistakes. So talk to your spouse and make improvements in the way you communicate. Every step you take can help make your marriage even stronger!
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