Conflict tends to grow out of a lack of understanding and communication around money and how it relates to your relationship.
If your partner is 'actively' listening to your message, they will be primed to acknowledge your feelings when making financial decisions in the future and vice versa.
Another step towards understanding how money impacts your relationship is to discuss the practical aspect of money – income vs. expenses – and the responsibilities that come with it.
The balance that works for your relationship may not be completely equal, but that’s OK. The key is finding a balanced distribution to which you agree.
If you need assistance getting out of debt, practical budgeting advice for today, or saving for the future – there are many resources available specifically to help couples improve their financial management skills. A counsellor who specialises in financial matters or financial planner is a good place to start. The following website is a great local reference for tools, tips, and guidance: www.moneysmart.gov.au.
If you and your partner ever feel overwhelmed by your results or the ensuing discussion, we encourage you to seek out professional support. Call us.
Consider taking an assessment or working through our Discussion Guide for Couples... that's a great place start!
Tune in for more tips next week.
Do you need help with an issue or problem? Our approach helps to generate deep and productive conversations that couples would not otherwise have about their relationship. These conversations can restore insight and understanding about one another.
#PREPARE/ENRICH is a customised online assessment tool that identifies each couple's unique strength and growth areas. Based on their assessment results, a facilitator provides feedback sessions, helping couples to discuss and understand their results while teaching them proven relationship skills.
For more information on PREPARE/ENRICH or to find a facilitator near you, please contact: www.prepare-enrich.com.au or call us on (02) 9520 4049.