When faced with the overwhelming emotions of your new situation, we advise you to proceed with caution:
Agreeing that this topic has to be addressed together and working on as a team from the beginning, is key to achieving financial health. Therefore, make the necessary time today to start this conversation, understanding that the process will benefit your family for years to come.
Addressing the dreaded issue of money can be done at any age and time, preferably as early as possible in your relationship. When done properly, dealing with the issues that money raises can strengthen your relationship, and honestly, who doesn’t want that.
Start by taking inventory of your current situation. DO NOT JUDGE! This is not the time to point fingers and criticize. List your assets as well as your liabilities and begin to track household expenses with as much detail as possible
For more tips, I am proud to invite you to find me as a contributing author in the following book:
Money Talks: 100 Strategies to Master Tricky Conversations about Money