Ramit Sethi says half the people he interviews don't know their household income, a sign couples aren't talking about money. Avoiding these conversations leads to fights, stalled goals, and divorce. He frames money talk as designing a shared life together.
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If you're avoiding tough money conversations in your relationship, you're already in trouble. 50% of people I talk to on my podcast don't even know their household income. If they don't even know their own household income, they are definitely not talking to their partner about money. Money issues lead to fights. They slow down your financial goals. They create a wedge. They can often even lead to divorce. Your beliefs and behaviors around money will definitely impact your relationship, and that is why I want you to talk about it early, early and frequently. The best relationships design their lives together. And it starts with a question that I love to ask. Put your hand out, put it up to the sky, and say this with me. What do we get? What do we get for going to work every day, for working hard, for taking care of our loved ones? And what do we want to get.