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An expert weighs in on how to navigate this tricky situation. Meet the Expert. Priya Malani is the co-founder of Stash Wealth. After building a career at Merrill Lynch, she left Wall Street behind to start a company that would change the way millennials think about money.
So, what can you do if your partner is lying about money or is irresponsible with their spending? Well, there are a few tactics you can try. Reminding your partner of your financial goals is important because it can help your partner visualize and understand why they need to be better with money.
Do you guys want to buy a house someday? Do you want to upgrade your lifestyle? Take more vacations? Plan for a family? Quit your job? If you don't know where you're headed, it's impossible to measure if you're making progress toward your destination or see the impact of your bad financial habits," explains Malani. It might sound cheesy, but having a long chat about financial goals is a must, in order to see if you and your spouse prioritize the same things in your lives. If they don't If your partner won't take advice from you, maybe they'll take advice from an independent third party.
Try to be patient with them. Dealing with money in a relationship is difficult because people can become angry and defensive very quickly. But if your partner is willing to admit they have a problem, there are steps you can take to get on track. Skip to content. Subscribe Email Address Subscribe. Thank you [email] for signing up. Please enter a valid email address. Email Address Subscribe. She writes and speaks about a range of topics including sex, dating, feminism, politics, and addiction.
Brides's Editorial Guidelines. Write down your goals and put them somewhere you can both see them, so they work as a reminder. Related Stories.