Being open and honest about your finances will be beneficial in the long run.
Delving into your earnings, debts or savings over a glass of Pinot Noir might be one of the less romantic aspects of a relationship but being open and honest about your finances will be beneficial in the long run - and hopefully save any shockers later down the line.
Want to know how to broach those awkward topics? Pearl Akintola, Consumer Finance Expert at Experian, and the experts at , have shared the key conversations you should have about money before taking your relationship to the next level.“As a society, we’ve been trained to keep our salary a secret. While it might feel uncomfortable at first, discussing your salary with your partner is so important. This will not only help build financial trust between you, but it also offers you a better understanding of each other’s wider financial situations.
“Are you a saver or a spender? Everyone’s attitudes are different and while you might have a strong opinion on the topic, your partner might not. One person might already be saving for retirement, while the other is living day to day. If you want to make saving a priority, or help your partner do the same, suggest setting a joint budget and sticking to it. This can cover anything from day-to-day living expenses to those related to having fun .
According to the founders of Female Invest, a global financial educator targeting women, break down exactly how women can acquire the skills needed to take charge of their finances.“When in a relationship, the other person’s credit history can impact your future applications if you have linked up your finances by applying for credit together, such as taking out a joint mortgage. So it’s best that you both get in the habit of checking your credit score.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meet the brothers taking Glasgow's street food pizza scene to the next levelBrothers Ryan and Jay Bharaj took a 'leap of faith' to start their own street food pizza business from the back of an old horse box and now they love serving up their wood-fired creations for the people of Glasgow.
Read more »
Rita Ora shows off an edgy new 'beaded bracelet' eyebrow transformationRita Ora takes the barely-there eyebrow look to the next level with ultra-fine arches featuring beaded detailing – and we're predicting the gemstone look will trend on TikTok
Read more »
Martin Lewis issues urgent warning to debit card users and advice on overdraftsMoney saving expert Martin Lewis discussed debt during his ITV Money Show Live
Read more »
Dan Ashworth implements Brighton recruitment model - Newcastle United advertise for key extra staffDan Ashworth implements Brighton recruitment model - Newcastle United advertise for key extra staff nufc
Read more »
Energy bill help pushes UK borrowing to new recordGovernment borrowing hit the highest level for a December since records began in 1993.
Read more »
Call of Duty: Warzone 2 is slowly turning back into Warzone 1The loudest corners of the Call of Duty community are starting to turn on Warzone 2.
Read more »