Money play a lot of role in making a relationship strong and We also learn about money in school, but not about how to talk about it
On many occasions we often see relationships is when one person is a spender, and the other is a saver or miser. The spender might have years' worth of credit card debt or student loans, while the saver might have good credit and minimal or no debt. When two people have opposing views on finances, it can easily lead to conflict.
The most important tips to avoiding a relationship disaster is to simply talk about it, make sure you avoid these five common mistakes:
1. Bad timing
Most important thing is timing, If one partner seems particularly stressed after work, it not the right time to bombard them with bills and deadlines.
Find the right time is
Important to have the most productive conversation. You know your partner better than anyone, so pick a time when you know they'll be the most receptive. This will make the discussion more interesting.
2. Talking about the wrong things
When partners had an argument over financial issues, it sometimes because it has not been discussed or plans that were not communicated, expectations that were not explained and assumptions that went unspoken. Simply express your concerns and prevent a lot of these arguments. While you might touch on some uncomfortable topics, it'll hopefully lead to a deep and fruitful conversation about things like your hopes for the future, retirement goals, worries, dream splurges, and so on.
3. Hiding and lying about money
This happened must especially Men, According to a survey by Americans quarter GOBanking Rates that lie to one partner about their financial position. Needless to say, this can be a major source of contention. Whether it's about your income, spending habits, credit score or income, when you lie to your partner, you're also lying to yourself. The saying "what you don't know can't hurt you" doesn't apply to a healthy financial relationship. Being honest with yourself and your partner is one of the easiest ways to avoid arguments and hurting each other's feelings.
4. Being a bad listener
What's the point of having a conversation if you're both distracted and constantly interrupting each other? Instead of making your partner feel defensive or argumentative, let them know you're completely present. Make eye contact and put the phones away. Another tip is to repeat back what you heard to your partner from time to time. It shows that you're paying attention and ensures that you understood them correctly.
5. Having a closed mind
We get money from different sources. That's what one person considers a bargain, the other might call expensive. The goal isn't to judge your partner's actions and behaviors, it's to have a clearer understanding of where they're coming from. A discussion about money is a discussion about values. When you know what your partner values, you can be a bit more compassionate about their decisions. And sometimes, you can simply agree to disagree.