This is the season of love, but as we are in this season let us remember to have the tough conversations regarding our finances with our partners.
Relationships have changed dramatically over the years, with online sites making it easier to meet potential partners. But some things haven’t changed, and the saying ‘when money runs out, so does love’ unfortunately continues to ring true.
Financial issues are still one of the main causes of conflict in a relationship, and the sooner they are resolved, the better. Getting to know someone special during dinner dates and romantic getaways is fun and exciting, but when the relationship becomes serious, you’ll need to tactfully introduce the tricky topic of money.
Find an opportunity to talk openly about your own financial situation and discuss how you’d like to handle your finances together in the future. We at Old Mutual Ghana, say open communication about money is key. We advise couples to be honest and transparent about their ongoing financial commitments and debt status.
"If you set a foundation of trust and shared responsibility from an early stage in your relationship, and keep the channels of communication open, you’ll strengthen your future together." – Rita Boateng, Old Mutual Ghana Head of Marketing.
“Relationships thrive when there is a great deal of mutual understanding and respect. Managing your finances well together will help avoid destructive quarrels,” Rita Boateng, Old Mutual Ghana Head of Marketing.
For more information on managing your money wisely, like our Facebook page at Old Mutual Ghana and follow us on Instagram at Old Mutual Ghana, follow us on Twitter at Old mutual_gh. We also organize free workshops on financial education for corporate employees, groups and associations. Contact us on 0501533745 today.