MyMoney Online, The Personal Finance series with Warren Ingram, Evergreen Content

Worried about money? How to have a courageous chat with your spouse about it

pixabay.com, 2018

(Also read: Living together, but not married? Tips on arranging your finances…)

It’s time to have a heart-to-heart with ourselves and our partners about the role of money in our relationships. As the saying goes: You live, and you learn – and luckily for us, we are never too old to learn.

Kim Potgieter

People talk about sex more easily than they talk about money.

Kim Potgieter

There is a complex and dynamic relationship between money and marriage, says personal finance expert Kim Potgieter.

Ray White (in for Bruce Whitfield on The Money Show) asked Potgieter to compile a list of tips she has learnt during her many years of “life planning”:

  • It’s never too late or too early to have courageous money conversations.

  • Share your money beliefs with your partner.

  • Plan your goals and dreams together.

  • Money is a combined responsibility.

  • Don’t manipulate or control with money.

For more detail; listen to the interview in the audio below (and/or scroll down for more quotes from it).

Often they’ve never spoken about money…

Kim Potgieter

It’s totally dependent on the couple [whether they should have a joint bank account]… But I encourage clients to talk about what suits them in their relationship.

Kim Potgieter

Not often do we understand where our beliefs come from. We think they are reality…

Kim Potgieter

It’s a wonderful exercise to do together with your financial planner… It’s unfair to give all the responsibility to one partner…

Kim Potgieter

I see a lot of women who are still looking to their husbands… We need to be teaching her to be able to stand alone… I encourage fathers and men to encourage their wives to be involved in this conversation…

Kim Potgieter

Don’t just rely on the one partner to get it right for you.

Kim Potgieter

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Working abroad? New rules are coming! You're probably breaking the existing ones

Working abroad? New rules are coming! You're probably breaking the existing ones

Bruce Whitfield interviews Warren Ingram, a Personal Financial Advisor and Executive Director at Galileo Capital.

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

The Money Show’s Bruce Whitfield interviews Marais, a quantum biology researcher with dreams to live on Mars.

'Get ready for tax levy to save Eskom, because the money is simply not there'

'Get ready for tax levy to save Eskom, because the money is simply not there'

Eskom has so much debt it threatens to break South Africa. Bruce Whitfield interviews Dr Adrian Saville of Cannon Asset Managers.

Meet Abel Sithole, the man in charge of R1.6 trillion in Government pensions

Meet Abel Sithole, the man in charge of R1.6 trillion in Government pensions

The Money Show’s Bruce Whitfield interviews Abel Sithole, Principal Executive Officer at the GEPF, Africa’s largest pension fund.

Cheekily named load shedding app EskomSePush goes from 2500 to 400 000 users

Cheekily named load shedding app EskomSePush goes from 2500 to 400 000 users

It’s now the most downloaded IOS app and 2nd most downloaded Android app in SA. Bruce Whitfield interviews co-founder Dan Wells.

Living together, but not married? Tips on arranging your finances…

Living together, but not married? Tips on arranging your finances…

Personal financial advisor Warren Ingram has advice on keeping the money side of the relationship healthy when shacking up.

Popular articles
'I got retrenched and it took a toll on my relationship' - on money and intimacy

'I got retrenched and it took a toll on my relationship' - on money and intimacy

Money is one of the top causes of relationship fights and divorce. Dr Eve and callers discuss how it can affect sexual intimacy.

Icasa's Rubben Mohlaloga to appeal 20 year sentence for fraud, money-laundering

Icasa's Rubben Mohlaloga to appeal 20 year sentence for fraud, money-laundering

He was sentenced alongside former acting head of the Land Bank Philemon Mohlahlane and attorney Dinga Rammy Nkwashu.

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

The Money Show’s Bruce Whitfield interviews Marais, a quantum biology researcher with dreams to live on Mars.

'Get ready for tax levy to save Eskom, because the money is simply not there'

'Get ready for tax levy to save Eskom, because the money is simply not there'

Eskom has so much debt it threatens to break South Africa. Bruce Whitfield interviews Dr Adrian Saville of Cannon Asset Managers.

McBride's testimony could implicate MPs in state capture

McBride's testimony could implicate MPs in state capture

Ipid boss Robert McBride is expected to implicate 30 high profile individuals including Members of Parliament in his testimony.

Eskom paid R300 billion (and counting) for 2 deeply flawed coal-fired dinosaurs

Eskom paid R300 billion (and counting) for 2 deeply flawed coal-fired dinosaurs

Litigation will follow, says Minister Gordhan. Business Day’s Carol Paton on his inquiry into the failing Medupi and Kusile.

South Africa just became the world’s hottest destination for oil exploration

South Africa just became the world’s hottest destination for oil exploration

The Money Show’s Bruce Whitfield interviews Stephen Larkin, CEO at Africa New Energies.