When dating your partner develops into something serious, chances are that you are planning your life together accordingly. You want to be more involved with your partner’s life and vice versa. That is why your finance, career, and financial planning are important to discuss.
Communication about money is vital to understanding where you stand and where your partner stands. It is important to discuss it mainly to disperse any misunderstandings and to create a common strategy. If you want to achieve the common goal then your finance needs to be synergized.
Money talk is never easy. It usually goes with a lot of emotions pouring into that discussion or even thinking about it. Study shows that the most common topics of the argument are family, money, and intimacy. They also showed that happy come up with all kinds of solutions to different problems and they tend to solve them, while unhappy couples create problems for every solution.
Reaching common ground and honesty in a relationship is halfway to financial stability with your partner. This will also prevent the breakup of relationships because of money.
If you are happy and compatible with your partner, your relationship will flourish. There is no need to let money disrupt your happiness.
Once you get over the early stages of money talk you are then left with time to do something on your common financial goal.
Don’t spill your energy on everyday arguments about money. Don’t force anything on anybody. Use your energy to get close to an understanding. Choose your battles wisely. Don’t have battles with your partner. Focus on the upcoming struggles that await you both.
If you want to know our short list of tips on money, relationship, and happiness, click here.
Preventing Money from Breaking up by Establishing Common Values and Goals
To prevent any miscommunication, anger, or disputes you need to be honest and open about your finances with your partner. In order to reach common ground you both need to share your goals, income pathways, and desires.
That includes your lifestyle, spending habits, and how you stand financially. Once that is out of the box, then you can discuss your plans and try to mix them for reaching a common goal. Whatever that goal may be, early retirement, career, or starting your own company plans it ahead.
Talk with your partner about them. Share your thoughts and feeling about your goals and values. The more you talk about it the clear that goal is.
If you both know what you want but don’t know how to reach it, you can always educate yourself on financial matters. Make that a common activity so you are more involved with one another. Knowing some information or simply laying the plan is not nearly enough, only by taking action you can get somewhere.
Make a plan out of all of that talk, knowledge, and desires. Make it as simple as possible, and just stick with it. Consistency pays off, so no matter what plan you had in mind, just stick to it and you will reach your goal.
When you share common values, lifestyles,s and goals as your partner you will have an easier time reaching an agreement on which financial path and strategy to take. Not only that you will have double the effort in less time.
With some couples, it just clicks they get the plan going, and move along, while with others it takes time and more effort to reach the same strategy and pathway. Nevertheless, try to communicate as much as possible and give your best.
What to do when you are dealing with Financial Difficulties in a Relationship?
Financial difficulties are the most common topic of discussion when there is a lack of money in a relationship. Not only it is a source of various arguments, but also a source of neverending stress, uncertainty, and restlessness.
Study shows that money issues are 3rd leading course of divorces. In the most difficult times, true colors are always shown.
To start dealing with financial issues in your relationship you have to make some grounding. Start with informing yourself who has the money issues and if is there an occurring lack of money or if it is just short time difficulty.
By doing so you are categorizing the problem from the start, how serious it is and on what can you be focused on. You can then think of a way to get out of that situation and help yourself and your partner in need.
By doing so you are seeing the light at the end of the tunnel so you are not so stressed out. You can figure out the way out of that situation. Also, you will know if the problem is psychologically in nature. Some people simply can’t handle money, others are too emotional with it.
Understanding the background of the problem is fundamentally important when you want to deal with it. You will then be available to create a plan that will bring the solution.
It is an important and difficult discussion that you need to have with your partner. To solve your finance is not an easy task to do, however, if you combine your forces it is possible.
Dealing with financial difficulties for most is an everyday struggle. Without a plan, you can’t go anywhere near the solution or in a good direction. Both of you should be involved in creating a plan that will solve your financial struggles. Whatever it may be a career change, change in lifestyle, or simply downsizing your current expenditure, stick to the plan that you have created.
Financial difficulties are the most common and dreadful thing to have, especially if you are a single parent. Since this is not a topic of this post but is an important one to talk about, we have created a post about how to handle financial difficulties as a single parent.
Keep your head high, look at the whole picture, and don’t be too focused on one problem. More often than not once you detach yourself from a single line you will notice the whole perspective.
Thanks for reading, have a nice day and take care.
