Let’s Talk Money

Dollars and cents can make for interesting pillow talk and may save your marriage

bill collector: “No! No cash for you!”
c. Pay bills, manage accounts, and talk to financial advisers.

My partner and I divide the money management tasks in our household:
a. By custom.
b. By natural ability.
c. By sheer neglect.

We have established a budget based on:
a. Our current spending habits and our future financial goals.
b. A document prepared 15 years ago by a credit counselor.
c. Never mentioning the “B” word in our household.

I know my spouse’s:
a. Investment personality and risk tolerance.
b. Greatest financial foibles.
c. Name.

I am confident that:
a. I know everything about my partner’s financial picture.
b. I know where my partner stashes cash.
c. I don’t feel too confident about the whole thing anyway.

My spouse and I have made a commitment to:
a. Each other.
b. Never go to bed angry.
c. Discuss our finances regularly.

Scoring:
The answers that lead to better communication about money between partners are listed below. If you and your partner have a different answer to the question, this is an excellent opportunity for both of you to discuss your feelings.

Excerpted from It’s More Than Money – It’s Your Life! by Candace Bahr and Ginita Wall, and reprinted with permission from the Women’s Institute for Financial Education (WIFE.org).

1. B

2. A

3. C

4. B

5. A

6. A

7. A

8. C

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