We all grew up in families with their own "financial" rules: some had fathers who handled all major expenses, while others split costs 50/50 between parents. Understanding how your partner's family handled money will help you understand their worldview. For example, in my family, we never took out loans. It’s difficult for me to borrow money and live with the awareness that I owe someone.

It's important to define YOUR own attitude towards money and the family budget—it will make it easier for you to express your views on the matter.

There's nothing wrong if your views on the family budget differ: the key is to find a model that works for your specific relationship. There is no "universal" or "correct" solution.

So, what types of family budgets are there?

Joint Budget - This is the so-called "shared pot," where both partners contribute all their income. This model doesn't allow for personal savings. Decisions regarding expenses are made jointly. Downsides? It's not the best solution for couples with a significant income disparity.

Separate Budget - This type of budget suits couples who strive for independence. Usually, they are unaware of each other’s exact financial situation. Upsides? Lack of financial disagreements. Downsides? It’s not ideal for a family with a young child.

Mixed Budget - This combines the previous two types. Partners contribute to a shared portion of their income but also keep personal funds that they can spend as they see fit. Again, it’s important to consider the income disparity.

How to start a conversation about money?

First, ask yourself: "How do I see it?" Then, ask your partner the same question. If you can write it down on paper or in notes—great! You'll have a visual list where you can highlight similar views and disagreements.

The hardest part is starting. By agreeing on rules for your family (relationship), you can avoid a lot of arguments.

Sharing a bit more from my experience: nowadays, I talk openly about money with friends. It’s important because even in friendship, we’re not always able to agree on expenses, like where we’ll go or how we’ll spend time together. It’s better to be honest about your current situation than to make excuses for not going to the movies or a restaurant.

You will most likely receive support.

Money is power because it allows you to control others. Lack of agreements can cause arguments and make your relationship destructive. ❤️