Financial Compatibility - Don't Keep Secrets

Financial Compatibility Don't Keep Secrets (The Ladue News)
There may be disagreement about whether it's love or money that makes the world go round, but if couples don't see eye to eye on money matters, their world can implode. Diana Flower, associate managing director at The Private Bank and Trust Company, says couples should begin discussing their financial compatibility once talk of marriage comes up. If you know that person well enough to be engaged, you should have some idea of his or her financial history and habits, she says. It also depends on each relationship: If one party is in a better financial situation, bringing it up too early can convey the wrong intention. It's up to the couple to gauge the seriousness of their commitment. She says initial discussions should focus on three main topics: financial history, personal habits and goals. For more of this story, click here. --------------------------------------------------------------------

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"No matter who you are, making informed decisions about what you do with your money, will help build a more stable financial future for you and your family." Alan Greenspan