By JLP | September 15, 2008
The New York Times claims that money matters are the key to wedded bliss in an article published last week. Consider a few quotes I found interesting:
Marrying a person who shares your attitudes about money might just be the smartest financial decision you will ever make. In fact, when it comes to finances, your marriage is likely to be your most valuable asset — or your largest liability.
Today, while most of us marry for romantic reasons, marriage at its core is still a financial union. So much of what we want — or don’t want — out of life boils down to dollars and cents, whether it’s how hard we choose to work, how much we consume or how much we save.
A lot of the debates people have about money are code for how we want to live our lives.
The rest of the article gives tips on how to get and stay on the same financial page as a couple, but they’re pretty much the same old “talk about your goals,” “enjoy responsibly,” and “maintain some independence” tips.
I think financial compatibility is either there or it’s not in many cases. If you are fighting a lot about “money” in actuality you are probably are disagreeing about goals, values, and priorities which can be a difficult mountain to overcome.
After reading this article it inspired me to write one of my own called “Financial Relationship Deal Breakers.” What do you think are important financial elements to take into account when choosing a lifelong partner? Or do you think it matters at all?
More from Meg at The World of Wealth