Steps to help you improve your financial health as a couple
Money and relationships: Why financial health is important
It’s also no secret that the topic of money can cause stress in a relationship. Indeed, a recent survey on financial stress suggests the majority of Canadians surveyed rank money as their biggest stress1. But there are ways to help both you and your partner feel more financially stable.
Being transparent with them about your financial health and working as a team to tackle money matters can help you avoid some of the financial pitfalls that couples can face and help the two of you stay on track with your finances.
Benefits of understanding your financial health
A lot of good can come from understanding your financial health as a couple. For example, take a look at how one couple’s life decisions made them feel more financially confident.
When you work together as a couple, you can move toward common financial goals and feel more confident that you can reach them.
Tips to help you create a family budget
1Omni Report: Financial Stress, is an online survey of 1,106 Canadians (excluding Quebecers) that was completed by Leger between March 30 and April 2, 2018.