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Are you financially compatible?

Fidelity’s Emma-Lou Montgomery provides some useful tips on how couples can handle their finances harmoniously.

What is one of the biggest causes of arguments between couples? It’s not whether to have children or even how many. It’s not even who should put the bins out. It’s actually money. According to the American Psychological Association, almost a third of adults reported that money is a major source of conflict in their relationship.

So, whether you’re married or living together, in a new relationship or part of an established couple, how you both handle your finances is as important for your happiness as it is for your bank balance.