Quiz time! Couples and money
To help couples who haven't had the money conversation for a while, we've put together a quick quiz to see how compatible your views are.
What kind of saver are you?
(A) I know it's important, but I don't save
(B) I save a set amount that I am comfortable with every week
(C) I go without so I can save as much as possible
What kind of spender are you?
(A) I never think about what I am spending - I just spend
(B) I occasionally buy things I don't need
(C) I assess all my spending and only buy what I need
Joint accounts or separate?
(A) Shared spending and saving all the way
(B) I like a bit of my own money aside to do with what want
(C) Keep things separate - it is clearer for everyone
What are your money goals?
(A) I don't really have money goals - it comes in, it goes out
(B) There are things I want, but I don't have a plan in place
(C) I have specific goals and I know how I am going to get there
If you and yours are similar in your answers, then there is a good chance you have a similar approach to money. While it is good to be on the same page as your partner, if you share traits like spending too much, you might also need to work together to find ways to curb the card.
If you are on pretty different pages, have a chat about how things would work best for you. For example, if one of you is a saver and happy with the idea of combining finances, but the other is a bit of a spender and more comfortable keeping things separate, talk through each other's perspectives and find a solution that works for you both. Remember, there is no wrong or right structure, just what works best for you both.
Our money quiz comes from Susan Jackson, founder of ms money (www.msmoney.com.au).
You must be signed in to comment. Sign in or Register