Of all the things couples argue about, money fights are the most likely to lead to divorce. The statistics are clear: the more often a couple quarrels about cash, the more likely they are to split.
It’s easier to avoid problems down the line, if parties are open and honest about finances from the beginning.
That’s easier said than done, though, because many couples don’t talk about money at all before tying the knot. After all, a discussion of money is also a discussion of other, not so tangible things like values, goals, beliefs, family histories, and experiences.
Even if you want to talk money with your loved one, it’s not always easy to broach the topic. We suggest approaching the topic from a place of intimacy. The goal is to both get financially naked.
Once you’ve stripped away your inhibitions, try these seven starter questions that can help get you and your partner on the path to a healthier financial relationship today.
1. When Did You Get Your First Job?
A first job can say a lot about a person and how financial need may or may not have shaped their life decisions. This question could lead to a discussion about why a first job was selected (was it out of financial need or was it to get experience in a particular area) and how much of a financial impact that job had on current beliefs about money.
Why it works: “You want to ease into a conversation about your finances the same way you would any other intimate situation, This question is both casual enough that you can work it into any discussion and deep enough that your financial conversation might quickly get hot and heavy.
2. How Was Money Discussed in Your Household Growing Up?
Most people learn about personal finance from their folks. “This may or may or be fine,” says Gail Cunningham from the National Foundation for Credit Counseling, “but being open about your [own] financial baggage is one way to start the conversation.”
Why it works: By discussing what happened in your own household, the focus is on you, not the other person.
3. What Does Financial Health Mean to You?
For some, financial health means being entirely debt free, but for others it means being able to meet your monthly debt obligations on time. Two individuals will never be on the exact same page in terms of beliefs and practices. To find out where your similarities and differences lie, you’ll have to dig deep with your partner to see what exactly you each mean when you use certain words. It can’t be taken for granted that you mean the same thing because often times, you won’t. “The goal, is to figure out where you both are currently and what you both want from your futures.
Why it works: If there is a sticking point in your relationship about money you need to first discover that it’s there and then figure out a solution that makes both people comfortable.
4. Are You a Saver or a Spender?
Everyone has their own personal money style. While that style isn’t likely to change over time, knowing how you and your partner’s styles line up or differ can help you figure out how to meet your mutual financial goals. Many financial differences can be worked out if the couple openly communicates about it. If one party is a spender and one is a saver they can decide on a percentage of their income to save and a percentage to be used as discretionary income.
Why it works: You’re working together to plan your financial future — and not trying to control the other person. Knowing how your financial personalities differ can help you work around those differences to meet mutual goals.
5. Do You Have Any Debt?
“You both should be aware of each others debts and assets prior to the marriage so you are better able to plan your financial future together, Even if you are already married, it’s never too late open about these things to avoid problems down the line.”
Why it works: Disagreements and miscommunication about money are the primary cause for divorce, according to Louis. Being upfront with your partner about your debts reduces the likelihood of a financial miscommunication later down the line.
6. Do You Invest?
What are your partner’s savings goals and are they aligned with your own? A discussion about how each of you invests (or doesn’t invest) your assets is a great opener to a larger conversation. How do each of you feel about how your investments can help you reach your future goals? Do each of you expect to be part of the conversation about how your assets are handled? The latter is particularly important for women, according to Louis, who finds that “many women allow their husbands to handle the finances and they have no clue about where their family stands financially.”
Why it works: Couples who are successful financially know how to work together to pay down debt and build assets. This discussion can help align your investment philosophies and goals.
7. If Money Weren’t an Issue, What Would You Want Do?
What your partner wants to do if money isn’t an issue is likely how he or she envisions their retirement years will play out. You don’t want to find out after 20 years of marriage that one of you wants to live off the grid in rural Colorado and the other doesn’t want to live without metropolitan museums and high end dining. “You and your partner need to be as intimate financially as you are physically,” says Kaplan.
Why it works: You get to see if your dreams are in alignment with your partner’s and, if so, gives you a springboard from which to plan for your future.
The end goal of of any money discussion is to bring you and your partner closer. “These questions are both casual enough that you can work them into any discussion, and deep enough that your financial conversation might quickly get hot and heavy.” Getting to know your partner better — even when it comes to finances — is likely to bring you and your partner closer intimacy.
Exotic Resorts May Be the Best Bet for a Holiday
An exotic vacation usually means exploring a distant foreign country, whilst resorts are places
to go for rest, sport, or which offers a particular speciality, with many resorts being part of a
popular tourist destination or on or near a beach. If you are planning a vacation to an exotic
resort it can be a once-in-a-lifetime vacation to a far-flung destination or a luxurious place to
stay closer to home where you can enjoy some pampering.
Why stay at an exotic resort
Exotic resorts often offer all-inclusive vacation deals, along with other options that leave you
to plan your stay more precisely to your own wishes. These resorts offer excellent customer
service, superb accommodation and facilities and are usually to be found in beautiful settings.
Here are some of the best resorts from around the world for you to consider:
Four Seasons Resort, Seychelles
This famous resort has made many feel they have entered Paradise. The gentle ocean breeze
floats up the granite hillside and into your tree-house villa tucked away from the other guests
staying at the resort. This is perfect for encouraging you to relax, either by your private pool
or in the clear blue waters of Petite Anse Bay. Perfect for a romantic stay, there is a Spa for
pampering and the chance for a sunset meal on a deserted beach.
Some enjoy simply sitting on their balcony, gazing at the ocean between reading their book,
sketching or checking out international bookmakers and betting sites for the chance of a
flutter. If you want another type of adrenaline kick, check out the resorts excellent kayaking
and snorkelling facilities, which are recommended by nearly all who try it.
Anantara Resort, Hua Hin, Thailand
The ultimate tropical getaway, the Anantara Resort is an award-winning site modelled on a
traditional Thai village and is just three hours drive south of Bangkok. The location is where
Thai royalty and aristocrats have been holidaying for almost one-hundred years. Today, you
can visit historical attractions alongside theme parks and shops as well as vineyards and golf
The resort is set among 14 acres of lush tropical grounds with lotus-filled lagoons and
meandering pathways through exotic foliage, with many rooms overlooking the shoreline.
Each day, chefs prepare freshly caught local seafood alongside Thai specialities. The resort
also has an award-winning spa located within a lagoon-inspired oasis offering you the perfect
opportunity to relax.
Kurumba is a well-established resort that opened almost 50 years ago and continues to offer
superb hospitality and contemporary facilities. There are seven speciality restaurants offering
cuisine from Italy to the Middle East as well as Thila, a restaurant which extends out over the
water which offers gourmet breakfasts and seafood dinners.
You can go snorkelling over the nearby reef full of colourful marine life or sign up to a dive
package as part of your stay, or just enjoy a private pool when staying at one of the spacious
villages. There are also deluxe beachfront bungalows offering direct beach access and views
of the crystal-clear waters.
Healthcare Workers To Receive Coca-Cola-Funded PPEs From Nigerian Red Cross
Since the outbreak of the Coronavirus disease in Nigeria, our healthcare workers have continued to lead the charge against the disease. As the number of recorded COVID-19 cases in Nigeria began to increase, these healthcare workers rose to the challenge and fought tirelessly to protect the lives of Nigerians impacted by the disease.
Considering the risks these healthcare workers face, there is a crucial need for adequate protective equipment for these brave frontline workers.
Coca-Cola is excited that over 400,000 Personal Protective Equipment (PPEs) procured to support the intervention efforts of the Nigerian Government and other key stakeholders to fight the COVID 19 pandemic have arrived. We do believe that this will to provide succor to our healthcare workers on the frontlines
These PPEs comprise N95 respirators, surgical masks, examination gloves, face shields, medical gowns, no-touch thermometers, disposable aprons, heavy-duty rubber gloves, rubber boots, basic masks, disposable gloves, and hand sanitizers.
Since the first confirmed case of the disease in Nigeria reported in February, over 800 healthcare workers have contracted the disease. While Nigerians are encouraged to stay home where possible and practice social distancing, these healthcare workers are needed across the country in the continued fight against the disease.
This donation forms part of The Coca-Cola Foundation’s COVID-19 relief interventions in Nigeria. The Coca-Cola Foundation has provided $2.5m in grant to IFRC who seeks to directly impact the lives of 1.4 million people in Nigeria and across other countries in West and Central Africa under this partnership.
Taking Care of Tomorrow’s Leaders Today – The itel, Lagos Food Bank Example
Waking up to a special meal or choice gift is the best feeling ever. Hundreds of children in Mushin, mainland Lagos, had a filling taste of this feeling for the October 1 st celebrations. It’s an experience they will remember for a long time.
Being one of the most responsible corporate citizens around, celebrating Independence Day was always going to be on the radar for itel Mobile. To make this possible and memorable, the brand got to work in earnest. The focus of the work was picking the best way to commemorate the 60th independence anniversary of the most populous black nation on earth.
The efforts soon paid off through an impact-driven partnership with the Lagos Food Bank Initiative. With the arrangement, both partners considered a couple of activities capable of affecting communities positively and bringing smiles to people’s faces in Lagos. At the end of the exercise, taking care of children, the leaders of tomorrow, in the commercial city secured the highest votes.
With the decision, itel Mobile set about making this happen. Not surprisingly, the decision was
influenced by giving children the means to excel and prepare them for leadership and nation-building, for them to enjoy better life. For the good of their immediate family, community and the Nigerian society.
Idiko, Mushin, a suburb of mainland Lagos, was chosen as the benefiting community. And the partners strategically reached out to the beneficiaries, children and families, with gifts of love, care, happiness and support made possible by the itel Love Always On CSR initiative.
Over 1,000 families benefited from the gesture as well as 600 children, and each one of them received food packages to celebrate Nigeria’s 60 th Independence Day commemoration.
Speaking on the event and itel’s Love Always On CSR Initiative, Oke Umurhohwo, itel’s Marketing Manager said, ‘We wanted to mark this year’s Independence Day celebrations differently, and that is why we did something so momentous for our children. Children are the backbone of any longstanding community, and as such, we are proud to be able to give back and support them on their journey as leaders of tomorrow and for a better life.’
To meet the demands of the memorable event, 30 volunteers joined the customer-centric brand and the Lagos-based NGO to share smiles, and to convey just how important it is to love and take care of today’s children who will ultimately become leaders of tomorrow.
With the thoughtful activity, there are insights for everyone, from the government to citizens, on partnerships that are capable of making life better for children. Indeed, itel Mobile and the Lagos Food Bank Initiative have offered a great template on bringing this to reality.
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