Why you should set a money date with your partner Jan 24th

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Why you should set a money date with your partnerIt’s perfectly normal for couples to disagree—on living room decor, sports allegiances, Downton Abbey—but there’s one topic where discussions get downright toxic: money. One study from Utah State University suggests that partners who fight about money at least once per week are 30% more likely to divorce. Which is why every couple should go on a money date. Partners should set aside time to discuss their finances and goals in a setting where they each feel comfortable, says Karen Collacutt, a Money Coach based in Barrie, Ont. “As a society we’re in an ignore-and-panic cycle around money,” she says. “We often only deal with money when it feels like a problem, but money itself is neutral.” Here’s how to put the romance back in your relationship with some honest financial communication.
1. Turn off the TV
The worst thing you can do is talk about money while distracted, says Collacutt. So, pencil in a few hours away from other distractions—that includes the kids and the TV…

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