Valentine’s Day Tips #5 and #6 for Love and Money
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Author: This is the third of 5 sets of “Valentine’s Day Tips for Love and Money.” Read the first set here and the second here. Come back each week day this week for more tips to help you achieve financial harmony in your relationship.
5. In love and money, old stereotypes about men and women die hard. More than one-third of the women surveyed by PayPal said they share primary income responsibility with their partners, but only about a quarter of men said the same. What gives? Is he understating her contributions or overstating his own?
Don’t let stereotypical disconnects between women and men’s money-making abilities wreak havoc on your relationship. Talk to each other about the contributions you each make to the shared bottom line: be clear and be honest. Make sure you’re on the same page in your financial planning and always resist the urge to be competitive.
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