When it comes to securing a budget for your wedding, communicating with your partner is important, but continuing the financial conversation after saying “I do” is just as meaningful. According to a recent survey by LearnVest, an online financial planning tool, up to 58 percent of Americans would choose being single over having a spouse who is financially irresponsible—and up to 68 percent of Americans in relationships believe money causes more tension than their sex life.
So, why the tension? The survey suggests that too few American couples have thorough conversations about finance, or don’t discuss it often enough. Fifty-three percent of Americans surveyed have four or fewer conversations about finances a year—and 20 percent of Americans never do. The survey, conducted with 1,000 adults, suggests discussing money regularly doesn’t just cut down on the possibility of financial tension in your relationship, it can also bring peace of mind to all areas of your life.
Talking money with your partner may seem like a chore, but it’s a great way to account for much-needed romantic getaways together—after all, traveling makes couples happier than their wedding day. And couples of all income levels have to discuss finances; it’s just part of the deal. At the end of the day, it’s not about having more money, more vacations or more things. It’s about the comfort of having a partner equally open and willing to discuss your financial life together, no matter the circumstances. And if you save up enough, we can think of more than a few reasons to treat yourselves to honeymoon part two.
