Relationships and money

Everyone deals with money in their own way. We all have different spending habits and approaches to saving. When we’re on our own, we’re the only one responsible for our money and our spending. But when two individuals become partners, it’s important to find a way to jointly manage money. When one person earns a significant amount more than the other, this is even more important.

It is important to understand your own attitude to money, how to deal with your partner's spending habits, how to separate money from sex and power and how to build a financially secure and harmonious future.

Together, have a look at the calculators on the Sorted website. They can help you figure out what kind of money habits you both have.

Relationships are emotional connections, but there are practical aspects that need to be addressed to keep the relationship secure. Careful financial planning protects you, your partner and your children, so talk with your partner about their financial habits and plans. Have a look at the Sorted website’s article on financial planning in a relationship.

Often, one of the first questions we ask is: should we have a joint bank account. The answer is different for each couple – and often changes over time. The FamilyEducation website has advice on how to decide whether to have a joint bank account.