With money lying at the root of so many relationship breakdowns, Jo Middleton shares some advice to help you talk honestly about money with your partner. Nobody wants to be quizzed on their credit record on a first date (and beware. Dating is difficult. If there's two thing that people usually have trouble with, it's men and money. So how are we supposed to mix the two together. I'm not just talking about letting someone pay for dinner on a date; We all know Money matters because of the expectations that come with it, and . like an inspiring conversation between a mentee and respected mentor.
I think the answer to this question has to do with what you want in life. My husband and I want three children all within two years of one another.
The cost of daycare for three children all under school age is greater than or equal to my current salary. With that said, when the time comes, it will make more economical sense for me to stay home, and frankly I think I would enjoy being a stay at home mom with a side business.
Unless the side business is booming, our family will need a second income large enough to support 5 people. And if that income is lucrative, it means we can take family vacations, and save adequately for college. With that said, it does matter how much my spouse makes.
Plenty of moms do this, and to them I give made respect. But again, it all comes back to what you want out of life.
Financial Red Flags: When Does Money Matter In Dating? - ncsplnc.info
Regardless of gender, some people let money go to their head. This is reflected in the expectations they have for their partners and the expectations they have for their lives.
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Long-term if children are in the equation, you have to think about healthcare and expenses. Either way, I would be there for my spouse, but in the short term, it would create stress and anxiety.
Not to say that my partner has to be a millionaire or pay for everything but there needs to be an ebb and flow of giving, financially. Money equates freedom to me.
For example, when you move in with one another: If you take a vacation, who pays, or how do you divvy up the tab?
Dating Someone Who Is Bad With Money
When you get married-- do you have a joint bank account? Unfortunately, there is nothing sexy or fun about discussing money, but you have to do it. Here's how to mix dollars and dating.
However, I think the man should decline the offer, and then pay. Maybe I'm old fashioned, but I think that the man should pay up to date, say If you're getting drinks and things like that, yeah- pay for a round. But I do believe in courtship, and that men like a chase, and part of being pursued is monetary.
But after that, if you continue to let a guy pay for everything, you're taking advantage of them.
Financial Red Flags: When Does Money Matter In Dating?
Guys can't pay for everything forever, and if you're allowing that to happen, that's the signal you're sending. So- offer to pay for dinner. Throw down for a coffee. Be honest with yourself. Talk with your significant other about your own money mistakes and money blueprint. You may be surprised to find that he will want to know how you changed and are so good with money now.
When you talk about your own money mistakes, it opens the door for a conversation as opposed to you lecturing and coming off as better than the other person.
Try to find out the whole story with your significant other. Pay attention to how he behaves with money.
Dating Someone Who Is Bad With Money
It may be that the bad credit score he has is not an accurate reflection of his money habits. Ask yourself questions like this: Does he have a lot of debt?
Is he always waiting for payday? Does he gamble or bet when he complains about being broke?