The money talk that every couple needs to have | Your Money and Your Mind

When it comes to talking about money with your significant other, most of us … just don’t. But the fact is, if you share a life, you need to discuss your finances now, says behavioral scientist Wendy De La Rosa. She explains why and shares 3 tips to get you started.

Managing your money can feel scary and complicated, but it doesn't have to be. In this TED series, behavioral scientist Wendy De La Rosa explains why we spend too much and save too little -- and shares easy steps to help us achieve a more secure financial future.

The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. You're welcome to link to or embed these videos, forward them to others and share these ideas with people you know.

[karienpenderis]

We have a daily walk in which we discuss all kinds of things, and a lot of the time it is the three questions you listed. My advice to all couples is to never stop walking together - much safer space to discuss matters as sensitive as money

[elinope]

I don't want to choose between owning a house or being able to live anywhere in the world. Owning a house is a good first step to being able to travel anywhere around the world. Its useful for leverage on loans in an emergency, it can be rented out for income to support you while overseas, etc. If you want to live anywhere in the world, I recommend that you get a house and contract a good rental company.

[ninajindal]

I agree that there should be open financial talk between partners.
It's better to give each other certain amount for unquestioned spending and plan together for dreams, goals and plans of each partner as also family responsibilities and future plans for the family along with how to care for parents of both, whether or not dependant

[cevxj]

Nice voice, good info in this series.

[TrueCrimeQueen]

Super obsessed with these videos! I always click immediately. Stay safe everyone 🙏❤️

[thepersonnooneknows]

me who's single and literally not even a legal adult: 👁👄👁

[lauramiller]

How do you balance it when both would prefer to keep finances separate, but one makes significantly more (like more than double) than the other? How do you keep from one feeling taken advantage of because they usually pay or the other one feeling insecure or like they’re not contributing enough?

[millertas]

Excellent points however my wife and I have been married nearly 36 years (together even longer including 18 months travelling in 1983/4) and we did this before Wendy was even born. Then again I was an accountant and worked for some very precarious (financially) corporations. After finding ourselves unemployed after the 90s recession we had to look at life and our priorities. It took discipline, it took having to swallow pride but we are so glad we went through the pain. We now live for the day, plan our future and enjoy just being together.

[Devillionaire]

So where are the rest of the 10 conversation starters?

[b.s]

Mostly the money talk is embarrassing
Buut the questions you suggest are really smart love them

[matteofalduto]

Moral of the story: don’t risk it. Stay single.

[sunnybates]

Clear talk about money with your partner -- and yourself is great for building trust. thanks Wendy and TED

[RobHughesLondon]

Interesting documentary on Netflix all about Wells Fargo ... called "Dirty Money"

[thebeeinthereeds]

Stupid, we share everything. There is no my. No secrets. Mine is hers and hers is hers lol. Jks bit foreal she is an absolute angel. I hope you guys will find one as great as me and have the smarts to keep her. Real love

[chete]

Me encanta la parte en la que se acaba el vídeo

[pauljansen]

just get a joint account for the expenses and keep private accounts for yourself...et voila!

[pnqpsre]

Just don't buy anything you don't need and fulfill any financial obligations you have.

[globaltips]

Money is really important for human being. Without money the problem will come along.

[praveenkumare]

its not easy as you think it is.
I have tried it. How much ever I ask my partner to learn basic of finance, it never happens.

And also knowing my partner, If i happen to reveal 10% of what I have, the first demand will be to spend all that.

[nawrozzahanpreety]

WOW!
I had thought that it's important to talk about how money should be spent,
But never thought of these 3 most important questions. After getting hearing these 3 questions, I really feel that these questions sums up a lot of other questions and heads aboveboard to the goal. Thanks.