39 - Money Conversation: How to Talk About Money With Your Partner

Sitting down and talking about your financial values is going to help your relationship be much more open now and in the years to come. Discussing finances early on in your relationship is one of the best ways to make sure you both can get on the same page. It is important to understand each other’s financial status, expectations, and habits when it comes to money. You can then make informed financial decisions based on mutual agreements.

Francyne Myers, Licensed Insolvency Trustee with Allan Marshall & Associates speaks to the importance of having these difficult money conversations with your partner. She advocates for the ‘sooner rather than later’ approach that could save relationship problems down the road. 

Francine also speaks about:

• The important questions to ask your partner about their financial values
• The honeymoon stage early in relationships and the importance of having financial conversations 
• Power struggles around how to spend money
• Advantages and disadvantages of having separate accounts
• When your kids become adults and evolving your role from parent to consultant

Licensed Insolvency Trustees are considered some of the best financial advisors in the country and the only ones licensed by the federal government of Canada. With their knowledge and expertise you can be assured they will give you the best unbiased advice.

In 2012, Francyne left her 23 year public service career and joined Allan Marshall & Associates where she completed her education and became a Licensed Insolvency Trustee in 2013. Alongside with her work she is actively involved in her local Trustee Association. In her spare time Francyne can be found fishing and spending time with her family.

• Allan Marshall & Associates Licensed Insolvency Trustee
• Avoiding Financial Stress in Your Relationship
• How Will Filing a Consumer Proposal Affect My Spouse?