Protection
Put yourself at ease by protecting those you love
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{{label}}22 January 2020
Arguing with your spouse about finances is more common than you think. With money problems being the second leading cause of divorce after infidelity, it’s a topic you should take more seriously with your partner.
Marriage is all about compromise, and it takes a lot of time and effort for it to be successful. Most of your journey will revolve around different milestones that will require you to invest your money. Whether it’s the big things like moving to a new house and starting a family or your day-to-day expenses like bills and food, the subject of money will inevitably come up.
No matter how much you love your partner, living together and merging your lives (and finances) is bound to get challenging during some points. Here are some common financial mistakes couples make and how it can be fixed.
Communication is Key
Discussing finances and being open with your partner about money is one of the best things you can do for your marriage. Communication is vital for healthy finances and an even healthier, longer, and better relationship with your spouse.
Take time to go through your plans and how you want to manage your money, so you can be sure that you’re always on the same page. Expect that you won’t be talking about this once—you’ll soon realize that money talks will be part of your regular conversations. The more you practice doing this at an early stage, the more natural this will be later down the line.
When planning about your family’s future, it’s best to start talking about how you can set things up for the future, too. One of the best ways to do this is to look for investments like insurance.
BPI AIA is one of the leading companies providing life insurance in the Philippines, and it’s easy to set up an appointment with their bancassurance sales executives. Visit them at any of their 900 branches nationwide to hear more about your options.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!