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Point of View: How to handle money in your relationships

By Zuko Komisa

The main source of conflict between many couples is money, which is also the second most common reason for divorce after infidelity.

There will always inevitably be some dissatisfaction and friction when discussing money in relationships.

You and your partner have a lot of good things in common, such as intimacy, love, and family.

However, it also means that you have to talk about less romantic topics like debt, budgeting, and financial difficulties. It might be difficult to balance your relationship and finances.

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Point of View with Phemelo Motene spoke to Magauta and Nhlanhla Zwane about how to best handle the topic of money in a relationship.

LISTEN TO THE FULL CONVERSATION:

Money is an ongoing conversation

Magauta and Nhlanhla Zwane agreed that early in a relationship is the ideal time to learn about your partner’s financial habits. They also said that when you initially begin dating, you must pay attention to the cues your partner gives you about his attitude toward money.

“People start getting into relationships with people they are not willing to observe until it is too late… I believe you need to have money conversations as soon as you have made observations from this person that are money-related.” says Magauta.

These kinds of onversations are very important, especially in the beginninng, because you begin to see the chaacter of the person. Money is a revealer of character, when you see how someonne handles their money, itt tells you alot about them” says Nhlanhla.

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Make money your servant, not your God

“Money is a person, if you manage in marriage not to make money your servant you will win. But, if money is your God, you are in trouble.” says Nhlanhla.

Watch out for red-flags

Magauta and Nhlanhla Zwane also said that when it comes to handling your finances, it’s crucial to have a shared understanding with your partner. They advised that couples should make sure they hold the same financial beliefs and viewpoints regarding debt, spending, and saving.

“If there is one thing people need to understand before going into marriage, is that tip-toeing around issues doesn’t help…”

They also shared the importance of finding the perfect timing to have a conversation about money and offered important lessons they have both learned about money.

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Written by: Zuko



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