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Relationship Ways to handle money in a relationship

1. Financial responsibilities must be disclosed
No single partner should be the banker or themoney cop. Each person should have a vested interest in how much goes in and out of your accounts. To leave the financial responsibility to one person is irresponsible.
2. Talk about financial goals and values
Most couples leave it unsaid, and often don't even think about it individually. That's a mistake, as one person might want to be frugal in order to save for future goals, while the other might like to spend and enjoy things now, while the getting is good. Talk about the future -- what your goals are and how you can work together, as a team, to achieve them.
3. Remove emotions from financial talk
From your first meetings on financial goals toyour subsequent weekly talks, it's important that the two of you stay calm, don't get hurt or angry over any of the issues, and try to look at these issues objectively. Emotional issues are often tangled with financial issues,and it's important that you untangle them and just deal with financial goals and habits.

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