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Financial problems: make your partner your first contact

August 29, 2007 by Andy Merrett · Leave a Comment 

Professionals who offer advice to people in financial difficulty state how important it is to maintain active and open communication with those with whom you have a financial relationship with.

This is usually taken to mean creditors, your mortgage lender, your bank, and your landlord, but if you are married or in a committed long-term relationship, the person you should have the closest financial relationship with is your partner.

Regardless of how you have decided to run your financial lives together - be it completely joined, completely separate, or somewhere in between - you still have a commitment to one another in every area of your life.

It’s no surprise that money can cause all sorts of relationship problems if not dealt with openly and honestly, and yet a survey last year showed that many people would not share their credit score with their partner.

That’s just one example.

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