Money conversations are all about partnership.
When one person is making all the financial decisions, it almost always leads to feelings of resentment and disempowerment and can be a slippery slope to financial harm.
When couples work together and set goals by having clear, honest communication, the quality of their relationship can be significantly enhanced.
Overall, managing money as a couple is a lot like managing other aspects of a relationship. It all revolves around communication, respect, and trust.
The “leaning in” to money management also sets a good example for children, not only regarding finances, but by role modelling some of the necessary components of a healthy intimate partner relationship.