It's easy to bury your head in the sand and avoid these conversations, but your relationship will be much stronger in the long run if you can get everything money-related out in the open, so you can focus on the fun things after!
In this episode, we talk about:
- Should couples split bills 50/50?
- What if one earns significantly more?
- What bills should be shared and what should be separate?
- Should we have a joint account for household expenses?
- What if one person owns the home and the other moves in?
- Should we have a joint savings account?
- What if one person can save more than the other?
- Is there a set number of emergency savings that a couple should have?
- Should emergency savings be joint or separate?
- What happens to joint savings if we break up?
- How much can we borrow as a couple?
- Does my partner’s credit score affect me?
- Can my partner’s debt affect our mortgage application?
- What happens if one person can’t make repayments for a joint loan?
- What happens to our finances if one of us dies?
- Should we tell each other about every purchase?
- Do unmarried couples need wills?
- Do we need life insurance if we live together?
- What financial documents should every couple have?
- Do couples need to combine all their finances?
- How often should couples talk about money?
- Should couples have personal spending money?
- How do we avoid arguments about money?
- What’s the biggest money mistake couples make?
Links mentioned in the video:
Farewill – Discount off your Will:
