Achieving financial compatibility takes communication and understanding.
Here’s how to know whether you’re in a financially compatible relationship and what you can do to make it stronger.Being financially compatible doesn’t mean that you and your partner earn the same amount of money or that you have to share all of the same financial behaviors. It’s OK to have your own money styles, opinions and roles.
You should be willing to discuss what money was like during your respective upbringings, plus your current financial situation, habits and ambitions, experts say.
Set priorities and expectations together so you’ll know what parts of your financial life are negotiable and what aren’t. More serious issues may be relationship deal-breakers. Financial infidelity — hiding money, debt or large purchases from a partner — can harm a couple and their priorities, Evans says.
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