Three Ways Couples Can Have Fun Talking About Money
"What's your net worth?"
It's the last question a person would dare ask on a first date, yet money issues are a top cause of failed relationships. While this magic number speaks volumes, net worth isn't the only topic that couples need to talk about. Spending habits, income goals, and investment strategy are parts of a financial picture that influences compatibility and predicts relationship longevity.
Wouldn't it be great to explore your partner's financial habits and goals while strengthening your relationship? Upgrade your next date night with these fun ways to build fiscal responsibility together.
You could save money cutting coupons, or you could spend date night cutting out pictures of your wildest dreams. Vision boards are a creative way to start the conversation around goals and discuss ways to work towards your dreams together. Not only does this activity energize a couple around shared goals, it also gives them room to talk about ways to make these goals happen. Should you give up the cable subscription or work extra hours? Use your vision board as a reason to ask these sensitive money questions and partner around collective goals.
Couples Game Night
Don't spend Friday night eating take-out and watching Law & Order reruns. Instead, invite a few couples over for a financial game night. Several board games increase financial literacy in a fun and engaging way including Cash Flow 101, The Game of Life, and Monopoly. Although we played many of these games as children, discussing your strategy with an adult mindset creates a learning opportunity for everyone in the room. Keep the dinner costs down by asking each couple to bring a dish to share.
Head to Head Challenge
What is it about competition that makes people work harder? Challenge your significant other to a contest that helps you make better financial decisions or reach your financial goals. For example, couples can race to save the most money over a six month period. The winner gets to take ten percent of the savings and decide how the couple will celebrate. Another good option is a no-spending challenge. The first person to spend money (excluding regular bills) has to submit to whatever penalty their honey has planned for them!
While money is still a taboo topic for many, couples should be comfortable discussing money and building their financial standing together. Use these proactive and fun ways to make money an open topic and strengthen your relationship.