A short persuasive video by Ramit Sethi arguing that both partners must participate in financial management. He recommends a monthly money meeting so couples act as teammates—sharing bill tracking, savings, and investment oversight—to avoid risks if one partner handles money alone.
You, yes, you watching this video are going to die a gory premature death, getting hit by a bus, leaving your grieving partner defenseless, fielding calls from Wells Fargo Wealth Management, such as it is worst company on earth, taking advantage of them, charging 1.25% AUM. Do you want that? You better not. The monthly money meeting is designed for both of you to get engaged. Even if one of you knows more about money, the important thing here is that you are both doing it together, like teammates. It is a big no no if one person is tracking the bills, making sure the savings account gets funded, handling investments. Wrong. That's a bad system. Not because one person is good or bad with money. Because in a real partnership, both people should be involved.
