One of the biggest issues that leads to couples splitting up are financial reasons. Whether you are married or dating, having similar financial mindsets is a key component to making the relationship go the distance.
When one partner spends and the other saves, well things could get interesting. Financial goals should be discussed before any long term commitment takes place. If one of the individuals in the relationship is focused on making money while the other is focused on spending, then they will never build a strong financial house.
Follow these three steps to make sure you can ensure dating success:
- Talk about your financial dreams. Where you want to be financially in 5 years, 10 years or in retirement.
- Create a savings plan. Whether it is for a down payment for a house or various retirement accounts, all of the planning in the world doesn’t do any good unless there is action.
- Watch this video and see what are some do’s and don’ts when it comes to the 1,2,3’s of dating finance. Finance Dating Video
Budget Smart, Invest Wise