Richard Barrington is a senior financial analyst at MoneyRates.com and he draws an interesting correlation. Younger people are talking about finances on a first date, but also having less sex.
The dating world is changing (just like job interviews) in the fact that we can check up on a potential mate via social media long before dinner and drinks. We know what places they frequent, what vacations they take, what their previous mates look like…but we don’t get a good look at their checking account.
Asking about finances on a first date goes far beyond gloating about your annual take home – it can include things like DEBT.
Are you 50 years from paying off your student loans? That might change your thoughts on a second date – engagement – marriage.
Richard gives an amazing answer to the age old question “Joint or separate checking accounts?”
He says – separate checking accounts, but joint savings account. Independent expenditures require individual checking accounts, but a joint savings with mutual expectations of deposits will leave you knowing there is an umbrella on rainy days!
READ MORE FROM RICHARD BARRINGTON:
What a Credit Score Can Tell You About Your Lover
5 Ways to Stress Test Your Retirement Plan
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