This 1 Conversation Can Make or Break Your Relationship - Are You Brave Enough to Have It?

When it comes to relationships, there are many conversations that couples tend to shy away from. But one of the most important - and potentially relationship-saving - conversations to have is about money. Financial transparency can be a difficult topic to broach, but it's a vital one for any couple who wants to build a strong and secure future together.

Money management expert Jason Tartick, who has been open about his own financial struggles in the past, says that talking about money is essential for any couple. 'It's a conversation that can be uncomfortable at first, but it's worth having,' he says. 'When you and your partner are on the same page financially, it can strengthen your relationship and reduce stress and anxiety.'

So, where do you start? Here are the essential steps for couples to take when it comes to talking about money:

1. Set a goal to be open and honest. 'The first step is to make a commitment to be transparent and honest about your finances,' says Tartick. 'This means sharing everything, from your income and expenses to your debt and savings goals.'

2. Start with a clean slate. 'Begin by wiping the slate clean and starting fresh,' advises Tartick. 'Forget about past financial mistakes and focus on creating a new plan for the future.'

3. Identify your financial goals. 'What do you want to achieve together?' asks Tartick. 'Do you want to save for a down payment on a house? Pay off debt? Build up your savings?' Once you have a clear picture of your goals, you can start working towards them.

4. Create a budget together. 'A budget is a plan for how you'll manage your finances,' explains Tartick. 'It's not a restriction, but a way to make sure you're both on track to achieve your goals.'

5. Prioritize needs over wants. 'It's easy to get caught up in the desire for material possessions and luxuries,' says Tartick. 'But it's essential to prioritize your needs over your wants. Make sure you're covering the basics - rent/mortgage, utilities, food, and minimum debt payments - before splurging on discretionary items.'

6. Regularly review and adjust. 'Your financial situation is constantly changing,' notes Tartick. 'Regularly review your budget and goals to make sure you're on track and make adjustments as needed.'

Talking about money may not be the most romantic conversation to have, but it's an essential one for any couple who wants to build a strong and secure financial future together.