Have you been fighting with your significant other a lot lately? Let me guess, it’s been about money hasn’t it? Well don’t feel too bad, money is the #1 cause for divorce in the US today. Clearly, financial compatibility is important, but how do you determine whether you and your special someone are really on the same page?
The good news is, there’s a company called Trilogy Financial Services that actually has created “The Financial Compatibility Assessment” to deal with this problem. The assessment is a 34-question test that is as effective for newlyweds as it is for a couple entering retirement. Why Retirement? Because retirement is just as big a lifetime transition as getting married is and that means the lines of financial communication better be open.
Look, the truth is that as close as the two of you are, there are just some things financially speaking that may have been too uncomfortable to talk about. Maybe there are topics you never even thought to talk about. (As a matter of fact, I don’t think my mom ever knew how much money my father made as long as there was money in the account to pay the bills.) Either way, in this case ignorance is not bliss.
Do yourself and your marriage a favor and start talking about your finances in a way that brings you closer together, instead of pushing you apart.
Leading the industry through his innovative approach, Dino Katsiametis has over 17 years of extensive experience within mortgage, banking and real estate industries. His passion for the collective financial and investment services sector combined with his distinct insight, has catapulted Money Matters with Dino onto the forefront of financial news.
Copyright © 2014 Money Matters with Dino | All rights reserved
Design by Dynasty Web Solutions