Learning to work together on shared finances isn't always easy and can lead to arguments, but "money dates" can help.
Designating time to enjoy each other's company, while taking a deep dive into finance, can all be done during a "money date."This article is a contributed piece as part of a series focused on millennial financial empowerment called Love and money don't always mix. In fact, money remains one of the top reasons couples get divorced.
For example, some couples have monthly or quarterly money dates that are longer and more focused on tracking progress against their goals. While other couples have a weekly or bi-weekly cadence to more quickly dive into their income and expenses. Whatever your style, the important thing is to pick a path and get started.Make sure you cover the major themes of your shared finances - goals, cash flow, and debt.
While money dates can be enjoyed by couples at all stages of their relationship, I recommend you start as soon as you move in together and begin sharing large expenses together. This allows you to build the habit of talking about money together and makes the conversations easier over time. Best of all, you'll quickly start to feel like you're on the same team, working towards shared goals together.
This article was contributed by Aditi Shekar, founder and CEO of Zeta, and a member of BI's Money Council.
Worst date ever, said pretty much everyone. 🙄
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