When Is the Best Time to Discuss Your Finances With a Partner?

Before you take on any serious long-term obligations with any partner, especially one in which you both are financially responsible for things like rent, loans, mortgages, or retirement savings, it’s important to deal with them “financially naked”. But when is the best time to do it?

“Financially naked” is a phrase coined by Erin Lowry of Broke Millennial , in which she describes these very vulnerable, rude conversations with your significant other, when you both openly talk about your income, debt, financial goals and financial obligations. It could be the credit card debt you hid from your significant other before moving in together, or your dull credit rating that you hid from your spouse, which is only showing up now when you are considering buying a house together. Maybe these issues should have been resolved earlier, or maybe this is not a problem until it is necessary.

When do you think is the best time to talk to a partner about your finances? When do they deserve a window to your income and debt, and what window do you give them? Should they get the keys to your Mint account and see everything, or are you still providing them with a filtered view? Let us know in the discussions.

When should you “financially strip” with your partner? | Apartment therapy


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