Why you must talk to your spouse about money

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This is something I see far too much in my practice and it needs to stop here.

One spouse pays all the bills and manages the finances. The other spouse is completely in the dark and may or may not be content about their financial situation. The stress this causes on a relationship and on one or both spouses can be a lot to bear. The worst scenario is when the financial spouse dies, leaving the other to track down accounts and insurance, start paying bills and take over the financial responsibility. I find many people in relationships are not talking about money with their partner. I’ve even seen people get married only to find out that their spouse is buried in credit card debt they never knew existed.