Money can be a tricky subject in any relationship, but when financial issues start to cause tension, they can impact more than just your budget. Whether you and your partner keep finances separate or combine them, understanding each other’s financial habits is crucial for a healthy relationship. If money matters are left unaddressed, they can create stress and lead to conflict. Here are five financial red flags to watch out for in your relationship, along with tips to address them.

1. No Budgeting in Place

If your partner regularly struggles to manage their finances, it could indicate deeper issues that need attention. If they are constantly relying on overdraft protection, maxing out credit cards, or living paycheck to paycheck, it may be time to take a closer look at the financial habits causing these problems. Discussing financial challenges early on can help reduce stress and prevent long-term damage to both their finances and your relationship.

If your partner’s finances are consistently chaotic, encourage them to seek professional help. This will help avoid unnecessary stress and set them on the path to better financial health.

2. Avoiding the Money Talk

The topic of money can feel awkward, but it’s essential for any relationship, especially if you’re considering a long-term commitment. Avoiding discussions about finances can lead to misunderstandings and hurt feelings down the road. Just as you’d discuss other major aspects of your life, such as living arrangements or career plans, your financial situation should be part of the conversation.

Having regular, honest discussions about money will help you align your goals and prevent financial surprises that could jeopardize your future together.

3. Skipping Regular Financial Check-Ins

Having a regular “money talk” is key to staying on top of your finances as a couple. If your partner avoids these discussions or becomes defensive when the subject arises, they may be hiding something—whether it’s debt, a gambling issue, or financial habits they’re embarrassed about. Setting aside time each month to talk about finances, set goals, and review spending can help catch issues early before they become major problems.

A set financial check-in will also reduce the chances of unexpected surprises, such as hidden debts or unnecessary purchases that could affect your budget.

4. Secretive Spending

If you or your partner find yourselves hiding purchases or lying about how much money is being spent, it’s a sign of trouble. Secretive spending can lead to distrust and create major friction in the relationship. Whether it’s buying expensive items behind the other person’s back or deliberately omitting purchases from the budget, this behavior can lead to significant issues down the road.

If you notice these tendencies, it’s important to have an open conversation about the reasons behind them. Transparency and honesty are key in maintaining a healthy financial relationship.

5. Joint Debts Threatening Your Financial Future

When one partner’s debt is affecting the financial security of both, it can create significant stress. This is especially true if one of you is a spender while the other is a saver. Co-signing loans, sharing credit cards, or taking out joint loans can place your financial well-being at risk if your partner doesn’t hold up their end of the deal.

If joint debts are starting to feel overwhelming, consider seeking advice from a financial expert on how to protect your own finances while still supporting your partner. It’s important to remember that you’ll be responsible for any debt that your partner fails to pay.

Conclusion

Money matters may not always feel romantic, but addressing financial issues early can prevent them from escalating into larger problems. Regularly discussing your finances, setting budgets, and being transparent about spending can strengthen both your relationship and your financial future. If you notice any of these red flags, it’s crucial to address them head-on with your partner. A healthy financial foundation is key to building a lasting and successful partnership.