Is Money Still a Taboo Topic for Couples?
Being engaged and planning for the big day can be a stressful time. Between the proposal and the wedding vows, there are many conversations that take place. While some discussions are easy, the majority of couples hold negative views towards money-related issues.
Money is an important part of life, but future newlyweds do not like talking about it. Sixty-eight percent of engaged couples hold negative attitudes towards discussing money with their significant others, according to a new poll by the National Foundation for Credit Counseling. Of those with negative views, 45 percent said it would be an awkward conversation, while 11 percent expected to find hidden issues. In order to avoid a fight, 7 percent would steer clear of the topic. In fact, 5 percent said talking about money would cause the wedding to be cancelled.
“It is telling that two people who intend to spend the rest of their lives together would see a conversation about money as so disconcerting,” said Gail Cunningham, spokesperson for the NFCC. “The ability to have open and honest discussions is key to a successful marriage. With many brides and grooms walking down the aisle in June, regardless of how difficult it may be, the conversation about personal finances is one that should be neither ignored nor postponed.”