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Debt and assets: What debts do you and your partner have? This can include things like credit card bills or student loans. It’s also important to talk about any assets you own, like a house or investments. Discussing how to handle these debts is a key part of your financial planning. Monthly income flow: Will you combine your money into one account or keep your accounts separate? Some couples use a mix of both. It’s nice to decide who will pay which bills and how you’ll budget your expenses as a couple. Lifestyle and expectations: What are your must-haves? Are you a big spender or do you prefer saving? Talk about whether you want to save for holidays or buy a house. Understanding how you both feel about spending and saving is key to avoiding future conflicts. Big goals and windfalls: What are your big savings targets? This could be buying a house or saving for your children’s education. Decide together how you will handle any unexpected money, like a bonus at work or an inheritance from family. Familial support: Do you or your partner have family members who depend on you financially? Discuss how you plan to support them while setting clear boundaries.
