By Trent Hamm
One of the most common themes I see in questions I receive from readers is an uncomfortable sense of what financial roles are in a relationship. A person lives with someone/is engaged to someone/is married to someone and is unsure about how to handle their partner’s debt/spending/shared purchases. That sentence covers the core of a lot of the questions in the reader mailbag.
There are a few key elements that seem to often come up in my responses to these questions as well, and those elements really form a strong foundation of how people in relationships should think about and handle their money.
It really boils down to four key principles that really flow together.
Talking about money in a relationship is absolutely essential. When you’re in a relationship... More...
