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Chapter 12. Managing Your Investments > Investing and Relationships

Investing and Relationships

Often couples differ in their approaches to saving and investing. Usually these differences focus on how much money to save and how much risk to take. Regardless of which partner wants to take more risk, the difference can and does cause problems that require open communications, particularly when one partner perceives a specific point in their lifestyle as accumulation while the other partner perceives it as preservation. Rarely do people confuse distribution, though many couples disagree on the timing of distributions.

It is imperative for couples to sit down and agree on their investment style and philosophy up front and then review them on a regular basis to ensure continuing consensus. This will sometimes result in their having to confront their differences and negotiate compromises. Couples are faced with these compromises regularly, but how we confront and resolve them usually sets the tone for the underlying volatility of the relationship. Remember, the number one reason that couples divorce is money issues.


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