Ramit Sethi Says This Is The Biggest Red Flag of All When It Comes to Money and Relationships

Mary Green  Wed, November 6, 2024   GOBankingRates

Most people look for a romantic partner who shares their financial values and has similar life goals, whether that means living a life of luxury or embracing a minimalist existence. Incompatibility in these areas is often a deal breaker or “red flag.”

Personal finance expert Ramit Sethi says there is an even bigger red flag that people tend to overlook. The number one financial red flag isn’t having different values — it’s being unable to talk about money at all.

“If your partner simply will not talk about money, you have a huge problem,” Sethi explained in an interview on Instagram.

Many people get uncomfortable when it’s time to talk about money. Fortunately, there are some tried and true ways to get better at having those important conversations.

Couples Should Talk About Finances Frequently

Sethi stressed that it’s OK to have different values and approaches to dealing with money, but it is essential to talk to your partner about it.

Not only that, but talking about money shouldn’t be a one-time event. Ideally, “we want to have lots of conversations about money,” Sethi said.

If your partner refuses to talk about money, they’re not just avoiding one big conversation. They’re avoiding an ongoing dialogue that should be a regular part of your shared life.

Therapists agree that couples must be able to talk effectively about money, according to Choosing Therapy. Issues like income levels and spending habits may be important, but they’re not as important as the ability to discuss finances. Transparency and openness about money are very important for your relationship.

Talking to Financially ‘Avoidant’ People

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