The Money Couple Minute:
Dating? Having a Money Talk

You have been dating and are starting to be filled with hope and excitement as you think about your future together.  Where would you live, what kind of family would you have, what kind of adventures would you experience, and how would you handle your money as a couple.

If one of those things doesn’t seem to fit with the others, well, you’re not alone.  We find that in all the fun and emotion of dating, money conversations often get left out.  And we get that - talking about money doesn’t seem very romantic.

According to a recent survey by Country Financial, 49% of couples do not talk about money before they are married. Since money affects every aspect of your relationship, learn your money compatibility early on.

Here is how to have your first Money talk:

1. Discover and reveal your Money Personality - Money affects every aspect of a relationship. Early in your relationship, you need to understand your money personality compatibility. Are you a Saver, Spender, Risk Taker, Security Seeker or a Flyer?
2. Identify their response. - If the response is negative - red flag, red flag, red flag. For example: If you are a Spender and you say, “I was learning about my Money Personality and learned I am a Spender”. If their response is, “A Spender? I could NEVER live with a Spender”, run as fast as you can.
3. Discover their Money Personality. - Ask yourself, “Is this a Money Personality I can live with for the rest of my life?”

Discovering more about the person you are dating will help you decide if you want to pursue this relationship or not. As you talk about your Money Personalities, you might find this money conversation can be a little more romantic than you thought.

Make It Happen!

Scott and Bethany Palmer
The Money Couple

Money Huddle Tip:  During the next “Dream” part of your Money Huddle - take a minute and brainstorm who needs the advice in this Money Couple Minute. Maybe it’s a friend, maybe is a friends child or maybe even a co-worker. Make an impact in our next generation of marriages by passing along tips to your dating couple friends.

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