Not a fan of his but he is right. Money should be talked about early in relationship.
So many times one partner get caught up in trying to pay their own way on a lower income yet are uncomfortable bringing it up. There's also the prickliness that come from money ownership.
https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2018/06/08/kevin-oleary-ask-your-significant-other-these-questions-about-money.html
If only people had the good sense to interview their potential spouses as seriously as their potential employees. A friend of mine, another consultant, a Sikh, sent his mother to India to interview potential wives for him. He'd grown up in the USA, fully acculturated. I photographed him for his shot card, so to speak.
ReplyDeleteSo his mother interviewed all these women and selected seven candidates. As he was working his way through the candidates, he had a list of questions, the first of which was "Do you speak English well?" He got to one woman, who sharply answered: "Of course I speak English well!"
Gurmejar knew right there, he told me, this would be the one. He did not want some subservient Indian bibi, he wanted a partner. It worked out, too.
With my own kids, I told them to never even considering marrying anyone without doing a credit check and background check on them. I'd pay for it if they couldn't.
I just went in with the assumption that my money is just as much hers as it is mine. It's worked so far ;)
ReplyDeleteI dated a guy who made much more money that me and struggled to keep up with holidays. I am just more sensitive to debt. Fred grew up in a family that chose to be frugal. I grew up in a family that had to be frugal. It's good to get comfortable with talking about money early.
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