Author of Womens Worth and Consumer Advocate for the Certified Financial Planners Board www.cfp.net
So you think you need a relationship couch or marriage counselor? What you may really need is a financial planner. Nothing causes more conflict in a relationship than money and for couples embarking on a serious long term relationship or planning to marry, a discussion about money can be considered unromantic. But so is fighting about money later on!
According to Eleanor Blayney, Consumer Advocate for the Certified Financial Planners Board, couples can save a lot of heartache in their relationships if they would just learn how to talk to each other about money and learn about each others spending habits, goals for the future and deep rooted values about money in general.
When it comes to relationships and money says Blayney people need to hope for the best, but plan for the worst. For instance – Thinking about buying a house with your boyfriend or partner? Great way to share housing costs, but what if the relationship breaks up? Can you or your partner afford the mortgage alone? Kids are cute, but kids cost. When we think about having children, we think of all the expenses of strollers, cribs, maybe even college expenses.
About Eleanor Blayney:
Eleanor K. H. Blayney, CFP is the Consumer Advocate for the Certified Financial Planner Board of Standards, Inc. (CFP Board). CFP Boards mission is to benefit the public by granting the CFP certification, now held by over 60,000 professionals, and upholding it as the recognized standard of excellence for personal financial planning. Because consumers are uncertain where to turn for competent financial advice, Eleanor provides much needed guidance on what to look for in a financial planner and encourages consumers to seek out professionals who practice according to a fiduciary standard by putting their clients interests ahead of their own.