3 money mistakes couples make and how to avoid them

3 money mistakes couples make and how to avoid them

Assessment

Interactive Video

Life Skills, Business, Health Sciences, Social Studies, Biology

University

Hard

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The video discusses the importance of addressing financial issues in relationships, highlighting that money is a common source of friction and a leading cause of divorce. It emphasizes the need for couples to manage finances jointly, align on long-term financial goals, and maintain a balance between financial independence and joint decision-making. The video outlines three common money mistakes couples make and offers solutions to foster better financial habits and communication.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some common sources of friction for couples according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why do couples tend to avoid discussing financial matters?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the importance of discussing long-term financial goals with your partner?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How can giving each other some money independence benefit a relationship?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the secret to success in managing finances as a couple?

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