Photo credit: Tiffany Clark
Is it OK to hide money issues from your significant other?
I personally don’t think it’s a good idea, if you’re in a very serious relationship. When you’re first starting out, I wouldn’t disclose that right away. But when you’re in a more long-term relationship, I think one of the things you should be talking about is where you are financially. My significant other and I just bought a house, and we wanted to make sure we were on the same level—that our credit scores were good—and that our financial thoughts and feelings are in the same place. Because I feel like if you don’t have that, it’s going to become a lot more of a pressing issue later on. So I would definitely say, get it out in the open if you’re really considering being with that person long term.
Have you found that you and your significant other have any differing ideas about spending?
Not really. In general, our views have been pretty similar. For the most part, we agree on long-term financial goals. Right now, I might be more of an impulse shopper than he is, but that’s probably just being young and having a little bit more money available to you as you’re starting to make more money for yourself.
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