How do you navigate conversations about money within a relationship?
Today’s guest is Nicole Haddow, the author of Couple Goals, a guide to building a strong financial future and an even better relationship.
In this conversation, we talk about how Nicole navigated her money journey within a new relationship, and she shares all the details that people usually keep behind closed doors.
Whether you’re in a relationship or planning to be in the future, this conversation is full of useful tips and ideas to help you deal with the challenging topic of money in a relationship.
Topics covered in today’s conversation:
- You’re someone who has been writing about money as a journalist and author for many years now, transparently documenting your journey to buying your first home at 30, starting to invest, and now managing money in a relationship. Did you find that made it easier to start having money conversations once you entered your relationship?
- Take us through some of the key money moments of your relationship, from your very first money conversation to a challenging moment to moving in and planning for the future.
- You merged finances for the first time with someone else at 39. What was that experience like considering you entered into the relationship with your own assets, experiences and goals? Were you thinking about protecting yourself as you went in?
- How did you manage conflicting goals within your relationship? Did you have to make compromises or prioritise one goal over the other?
- From your personal experience and research, why do we find it so difficult to talk about money with our significant other? Research also shows that couples underestimate the benefits of having conversations about money.
- If you started over today, how would you kickstart the money conversation in your relationship? What questions would you ask?
- If someone listening is a bit further on in their relationship, maybe they’re ready to move in with their significant other or get married, can you give us a list of things we should be talking about and sorting out together? E.g. budgets, splitting costs, goals, super, insurances, planning for children, wills & estate planning.
