It’s vital to be honest in your relationship, and that’s undoubtedly true when it comes to money matters. No discussion of financial tips for couples is complete without bringing up the need to be honest about skeletons in our financial closets.
The Bad
Maybe you accumulated a lot of debt before you started taking steps to improve your financial health. Or perhaps you have more expenses right now than you’d like. Either way, be 100% honest with your partner.
The Good
Besides debts, you should also open up to your significant other about your current sources of income, savings accounts, property you own and the like. Such information helps your partner better understand your current relationship with money.
Keeping secrets or smudging the truth can come back to haunt you. As money is one of the biggest issues with any type of relationship, full disclosure is sure to serve you and your partner well.
