Win A Visit To The Heart Studio For You And Your Partner
How well do you know your partner? Do you talk about everything from films and food to families and the future? And what about money?
We're giving you the chance to prove it. We've got together with Lloyds Bank, who want to encourage couples to talk more about money together.
You and your partner could be joining us in the Heart studio where we'll quiz you on how well you know each other, and give you the chance to win some amazing prizes!
Simply scroll down to enter below.
Why do we find it so hard to say the M-word?
You make it and spend it every day, but Lloyds Bank know it isn't always easy to talk about money. For couples starting a life together, getting married or moving in together, it's easy to feel embarrassed or anxious, even with the people you love the most.
But it's important to talk about money. That's why Lloyds Bank have partnered with Relate, the leading relationship support charity, to find out how to make those important conversations easier to have.
Visit the Lloyds Bank M-word hub online now to discover information and support, and scroll down to read some top tips from Relate on how to help get the conversation started.
The M-word from Lloyds Bank. It's good to talk about money.
Top Tips For Talking About Money
Need to talk about the M-word with your partner, but don't know where to start? If you're thinking of starting a life together, here are Relate's six tips to get the conversation started.
Make a time and a place for the conversation
Small things can make a difference. Pick a time when there will be no distractions and you’re both most likely to be calm. Choose a neutral place to chat, where you have things like bills and bank statements to hand.
Understand the current state of affairs
Acknowledge and accept where you are financially. Perhaps one of you earns less than the other or has different demands on their budget, such as travel or child maintenance? Look at the whole picture.
Understand what is important to each other
You may not always agree about what’s important to spend money on. Explaining why helps you understand each other better. If you do disagree, it may help to have individual pots of money, in addition to a shared pot.
Work out what to share and what to keep separate
Sharing everything, keeping everything individual or a mix of the two? There is no right or wrong way. Talk to your partner about what would work best for you both and revisit the conversation later if it’s no longer working.
Create shared goals
It’s important to talk about your financial goals. A shared goal helps you prioritise spending. Work out how to achieve this together, e.g. putting aside a certain amount towards a holiday each month.
Build a healthy habit
Make money conversations a habit – not just something you have when things are difficult. Decide how often you should chat about money – monthly, weekly or less frequently. Change the frequency, location and approach if you need to.