MyMoney Online, Personal Finance 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
South Africans are the most share-obsessed investors in the world

South Africans are the most share-obsessed investors in the world

We are so biased towards equities that it has become disproportional to everywhere else in the world, warns Kevin Lings.

3 hottest shares on the JSE this week (by Cannon Asset Managers)

3 hottest shares on the JSE this week (by Cannon Asset Managers)

Samantha Steyn, a portfolio manager at Cannon Asset Managers, shares her stock picks of the week.

'Public Protector Busisiwe Mkhwebane made lots of mistakes and simply lied'

'Public Protector Busisiwe Mkhwebane made lots of mistakes and simply lied'

Public Protector Busisiwe Mkhwebane lied and acted in bad faith, the ConCourt ruled. Bruce Whitfield interviews Dr Cathy Powell.

'Old Mutual claimed they were the cheapest. They were the most expensive!'

'Old Mutual claimed they were the cheapest. They were the most expensive!'

Personal Finance's retired founding editor Bruce Cameron on his attitude toward money (hopes and fears, successes and failures...)

47% probability of the rand crashing in next 12 months - Rand Merchant Bank

47% probability of the rand crashing in next 12 months - Rand Merchant Bank

The writing is probably on the wall for the resurgent rand. Bruce Whitfield interviews John Cairns, a Strategist at RMB.

How to live off a dread disease benefit

How to live off a dread disease benefit

Personal finance advisor Warren Ingram discusses "dread disease benefits", typically paid out as a lump sum.

Popular articles
47% probability of the rand crashing in next 12 months - Rand Merchant Bank

47% probability of the rand crashing in next 12 months - Rand Merchant Bank

The writing is probably on the wall for the resurgent rand. Bruce Whitfield interviews John Cairns, a Strategist at RMB.

'Old Mutual claimed they were the cheapest. They were the most expensive!'

'Old Mutual claimed they were the cheapest. They were the most expensive!'

Personal Finance's retired founding editor Bruce Cameron on his attitude toward money (hopes and fears, successes and failures...)

'Public Protector Busisiwe Mkhwebane made lots of mistakes and simply lied'

'Public Protector Busisiwe Mkhwebane made lots of mistakes and simply lied'

Public Protector Busisiwe Mkhwebane lied and acted in bad faith, the ConCourt ruled. Bruce Whitfield interviews Dr Cathy Powell.

3 hottest shares on the JSE this week (by Cannon Asset Managers)

3 hottest shares on the JSE this week (by Cannon Asset Managers)

Samantha Steyn, a portfolio manager at Cannon Asset Managers, shares her stock picks of the week.

Lion King fan pleads with parents not to take their kids to the cinema at night

Lion King fan pleads with parents not to take their kids to the cinema at night

Khabazela shares tweets and Facebook posts that have gone viral.

'A lot of people may have wanted him dead.'  - Who killed Mark Batchelor?

'A lot of people may have wanted him dead.' - Who killed Mark Batchelor?

A Sunday newspaper report has suggested the soccer ace's death may have been linked to a missing stash of cocaine.

You made a huge mistake downloading FaceApp if your privacy is important to you

You made a huge mistake downloading FaceApp if your privacy is important to you

Washington Post technology columnist Geoffrey A. Fowler did a forensic analysis of the Russia-based app. Check it out.

46 women rescued in Joburg sex trafficking raid

46 women rescued in Joburg sex trafficking raid

An expert on human trafficking explains how the syndicate operates and how women are lured into dens.