Talking about finances with your significant other in the best of times can be challenging, but living through economic uncertainty may bring additional stress to these conversations.
It's important to remember that what's financially"fair" when splitting expenses is different for every couple, Rodriguez noted. "A significant other who was once the breadwinner can lose their job, or someone in the relationship can get promoted. Situations like this mean what's financially fair changes," she explained. There's also the reality of budgeting for possible pre-existing debt from either partner when committing to a relationship.
"It's not always about how much you make, sometimes it's about how you spend it," Jessica Moorhouse, a money expert and accredited financial counselor, said. There is a way to make both people feel like they are contributing to the larger financial goals you both share despite a gap in income, she said. Moorhouse explained that conversations about money can be challenging because people bring their financial trauma into relationships.
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