‘You look great, darling. Let’s talk about our 401(k)’ | ET REALITY

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It’s called “monetary quote.”

The idea is that many, if not most, couples are reluctant to sit down and talk about finances. So why not make those interactions more attractive by disguising them as nights out?

“I’ve even suggested to clients, ‘Go on the date for money in sexy clothes,'” said Christine Luken, a Cincinnati-based financial advisor. told the Wall Street Journal.

“Just go ahead and leave him naked, as long as you get the money stuff done,” he said.

It’s a new spin on an old challenge: getting couples to actively engage with their finances by setting budgets and investment goals, and doing the financial heavy lifting that comes with living within their means.

The Journal cited the example of Tierra and Gregory Bates, who dressed in their finest clothes, headed to an upscale steakhouse and mixed a little finance into their flirting.

“We are discussing things, but at the same time we are celebrating,” Tierra said. “Treat ourselves while still talking about the goals we have in mind.”

I say: whatever it takes.

There are two topics that many couples find difficult to address: Sex and money. It’s not my place to address the first. Regarding the latter, the greater the openness between the partners, the better.

For both a healthy relationship and a healthy financial portfolio, it is important that all stakeholders are on the same page about setting goals and the path to achieving them.

This is especially true in a time of economic uncertainty like the one we are experiencing now.

credit card debt now exceeds $1 trillion as many households face the highest consumer prices in decades when paying their plastic bills.

Financial site WalletHub says U.S. consumers added $43 billion in additional credit card debt during the second quarter of this year.

The average balance now exceeds $10,000, according to WalletHub.

These are the kinds of things that can add tension to a relationship or serve as common ground to address the problem.

The first step to fixing things is communication.

That’s where dating for money comes into play. If talking about money puts some couples off, enjoy it as a social occasion. Make it something you can look forward to.

And once you’ve got all the hard stuff out of the way, you can get back to playing with your feet under the table while enjoying your tiramisu.

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