This week, I had the chance to talk to DNAInfo reporter Amy Zimmer about how different spending and saving habits can lead to divorce. This is what I call “the dirty money conversation.”
Why is talking about money so difficult for couples and why does it feel “dirty”? How can couples address money issues in a positive way? One thing is clear: “If you are planning to spend your life with someone and meet shared goals, you cannot shy away from the dirty money conversation.”
Read the article: 5 Tips for Couples With Different Spending Habits
“I’ve had cases where the financially aware spouse decided the marriage was over and started planning to get out,” Richardson said. “Trying to catch up with what has happened in the marital finances when one person has been planning to get divorced for months or years is a real challenge,” she added.
One tip: have quarterly “meetings” to discuss your finances and budget. Don’t get shut out of the marital finances.
Do you have a hard time talking about money with your spouse? Join the discussion in the comments.