When my wife and I got married five years ago, money was a subject that we didn’t talk too much about. We felt it’s just too stressful, annoying and would only make our day gloomy.
And then when we learned that we’re finally having our first baby we decided that it’s necessary that we always talk about money and how we should effectively manage it as we start building our family.
It was quite difficult at first because our decisions have to be aligned with our respective needs and expectations. There were conflicting views and admit it or not, newly-weds and even couples who have been together far too long will still have to deal with their respective parents (and in-laws) with regards to money. Continue reading Why You Need to Have a Money Talk With Your Partner