Tips on having the Money Talk

• Household Finances

Tips on Having the Money Talk

Whether you are soon-to-be married, newlyweds or long-time spouses, reviewing your finances could help you and your partner resolve potential problems. Don’t wait until one of you has broken the budget and emotions are high – make the time now to sit down and discuss your money situation. The following questions can help steer your financial conversation.

• What are our long-term financial goals? (building a retirement nest egg, starting a college savings account, etc.)
• What are our short-term financial goals? (saving for a vacation, remodeling your existing home, etc.)
• How will we reach these goals? How is our strategy for reaching these goals working?
• What is our monthly budget? How is that working for us?
• How is our process for handling “fun money” working?
• What debts are we managing? Are we making sufficient progress on paying off these debts?