Lots of couples move in together or even get married without knowing a thing about their partners financial past.
This can be a recipe for marital (or financial) disaster.
Here are some specific questions to ask when sharing your financial past with your partner.
Weve told you the basics you should cover wheninitiating the money conversation with a partner.
But one area you want to thoroughly explore is how youve each handled money in the past.
Knowing what youre getting into can help you plan accordingly.
Learning about each others past involves talking about a few specific topics.
Bankrate suggests asking the following:
How did your parents handle money?
How are your siblings dealing with money and saving?
Do friends and family ask you for loans?
If so, how do you respond?
Do you ask family and friends for money?
How did you begin your independent financial life?
When did you start paying your own bills?
Did you ever run into trouble with debt?
How do you define needs versus wants?
Couples cash: Money Management With Your Partner| Bankrate
Photo byJennifer Correa.
