Financial Conversations To Have Before You Say I Do


Money can be a tricky and sensitive topic, especially when you’re discussing it with your life partner. In fact, the lack of communication about money matters is among the top reasons marriages fail, and in Singapore, financial issues1 and disagreements are among the common reasons for divorces.

Many couples may not be comfortable dealing with marital finances, but irrespective of whether your relationship has already weathered many seasons, or is about to embark on a new journey, it is important to sit down and have a talk about financial matters with your partner. Talking about finances is an important starting point for couples in planning a future together – this includes not just understanding individual financial goals, outstanding debts, insurance requirements, and investment appetites, but also, habits and anxieties.

Being financially compatible helps bring about more stability and less conflict, giving couples a clearer picture of key life decisions such as those concerning asset ownership, planning for children and retirement. A couple that plans together, stays together:
  • Be Transparent
  • Discuss What’s Mine and What’s Ours
  • Budget like Buddies
  • Growing Financially Literate Together
  • Seek Professional Help

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