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ARTICLE · 29 JANUARY 2015

Discussing Finances With Your Spouse

When two spouses do not see eye to eye on money, it can trigger more than the occasional unpleasant conversation.

United StatesWealth Management

When two spouses do not see eye to eye on money, it can trigger more than the occasional unpleasant conversation. According to a Utah State University study, married couples who reported disagreeing about financial matters once per week were significantly more likely to divorce than those who reported financial-related disagreements less often.

The secret to sidestepping financial conflict is the same as managing other sources of tension that might arise in a marriage. It involves frequent, open and honest conversations, while maintaining a shared commitment to a solution.

Action Steps

Developing communication strategies can bridge potential divides before they become chasms and can strengthen both your relationship and your finances. They include the following:

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