One of the most challenging conversations you will face as a couple is money.Certified Financial Planner Jeff Rose, author of Good Financial Cents, believes that the biggest misconception with couples and finances is that it’s easy.
The earlier and more often you discuss financial matters together, the more comfortable these conversations will be.
It’s important that both parties understand and be involved with marital finances.
While one person may be more established with financial planning, this doesn’t mean both individuals can’t get involved.
This means you can pay off high interest and revolving debts like credit cards, and pay one consistent monthly payment to pay off the total.
This makes it easy to budget around as a couple, and a clear path forward to becoming debt free.