Are You Financially Compatible?

Honesty about financial obligations can ensure a more secure bond.

by Abby Ellin

Counting changeHere’s the thing about money: we’re barraged with messages about it.

For many, it’s forefront in our minds. But few, if any of us, actually discuss it, even with our closest friends. Think about it.

You can probably recite, in exquisite detail, the minutiae of your best friend’s last fling; you can most likely wax poetic on her chocolate obsession (not to mention her waxing obsession!).

But do you know how much she earns? Or how much she pays in rent? Or whether there’s a sizable inheritance with her name on it?

Probably not. And if statistics tell the truth, it’s probably no different with your partner. Think back to when your relationship began.

 
 
Related:
 
 
Readers Who Like This Article Also Dig....
 
8 Comments
Print This Post
 Email to a Friend  Email to a Friend
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...
facebook_share_icon  Share on Facebook 
Digg  Digg It 
del_icio_us  Delicious 
Newsvine  Newsvine 
StumbleUpon  Stumble 
reddit  Reddit 
8 responses so far
  • 1 Sometimes Financial Opposites Attract // Nov 30, 2007 at 2:36 pm

    […] had a great article on Financial Compatibility, click here to see […]

  • 2 Mona // Jun 1, 2007 at 5:04 pm

    What comments! Photochick, I hope these comments are a joke too… Hey, I work hard for my money, put myself through school -have a Master’s degree, and live on my own without financial help from ANYONE. Oh yes, I wipe my own bottom as well. When it comes time, I want to know what the deal is with my future husband because I am concerned about MY financial well-being. I want to have a good life with MY money, not his.

  • 3 Mike // Jun 1, 2007 at 1:27 pm

    Wow, what an article! Since this article is about money, here are my two cents. It is my opinion that marriage is a partnership. So, in essence, if either partner acts independantly with their joint finances, that partner may have the temptation to breach moral and ethical boundaries. Each partner should consolidate their debts and merge their incomes to pay said debts. What’s left over should go in the “kitty” until it has become large enough to make each of them feel as if they will have an umbrella over their heads when “Hell breaks lose.” That is how many people survived the “Great Depression.” In today’s society, people tend to increase their debt as if they are the ones profiting. When in fact, they are only satisfying their materialistic desires and hope that their greed compensates for what they are lacking in their relationship. Owning credit cards is no different than if you were to drive directly into a tornado. Once your there, it’s too late! There is going to be damage because you made the wrong turn or were driving on the wrong path in the first place. I’ve been a Law Enforcement for about 20 years. I’ve responded to hundreds of domestic disputes. What is the number one cause of the dispute? Money Issues. What is number two? Infidilety. What is number three? Trust. I now earn over 100k a year. What do I do with it? I give it to my wife.

  • 4 photochick // May 1, 2007 at 6:29 pm

    please tell me these comments are a joke, because they’re really misguided and evil. obviously people get burned financially - women and men both - but really what everyone wants is safety and stability. You create your own life. own it.

  • 5 Bertha // Apr 21, 2007 at 3:54 pm

    Yes Ramblnroxy!

    We women are independant and can do it on our own. I have been lving off my ex-husbands bank account and his 401k and pension for 3 years now so I can do it on my own…

    well, all except wipe my own ass too, just as long as I have HIS money and he earned, I am independant. It is easier then sucking dick to get ahead in the corporate world being most of us women are to god damn stupid to beable to do the same work a man does.

  •  
    Read All 8  Comments on Are You Financially Compatible?
 
Name:
Mail:
Website:
Comment: