10 Money Questions to Ask Your Partner Before You Commit

Did you know that financial issues are one of the leading causes of divorce worldwide? Yikes. We don’t mean to scare you, but it’s true! Money can be a dealbreaker if not handled well. 

We often discuss everything in a relationship—favorite foods, childhood stories, even what kind of dog we’ll adopt one day. But do we talk about money? Not so much! Finances often get brushed under the carpet, only to pop up later as a major issue. If you’re wondering how to deal with money issues in a relationship, the first step is asking the right questions before making that lifelong commitment. So before you commit, it’s time to have the talk.

Don’t worry, we’re here to help with the top money questions before marrying which can save you a lot of stress later!

1. If you received ₹1 lakh as a gift, what would you do with it?

Would your partner invest it, save it, or splurge on a vacation? This seemingly fun question is a great way to understand their financial priorities and how they handle money. If your approach to money is completely different, this could lead to conflicts later on. Having clarity early on is essential to understanding how to deal with money issues in a relationship before they arise.

2. Do you have an emergency fund?

Life is unpredictable—medical expenses, job losses, or sudden home repairs can pop up anytime. Having an emergency fund is crucial for financial stability. If your partner doesn’t have one, now is the time to start, perhaps with Lxme’s Emergency Fund portfolio! This is one of the key discussions in understanding how important money is in a relationship and ensures you both are secure during unforeseen situations.

3. How do you feel about having a joint account?

Some couples prefer to combine their finances, while others choose to keep things separate. There’s no right or wrong answer, but discussing this early can prevent conflicts down the road. Would they prefer to contribute a percentage of their income to a joint account for shared expenses, or would they rather split everything equally? Having clarity on this helps navigate money questions before marrying in a practical way.

4. Do you financially support your family?

In many Indian households, it’s common to contribute towards family expenses. Whether it’s helping parents with medical bills or supporting a sibling’s education, financial commitments to the family can impact your joint financial goals. While this is a personal decision, understanding each other’s financial responsibilities is key before planning a future together. 

5. What are your spending habits?

Are they someone who tracks every rupee, or do they believe in careless spending? Do they love luxury brands, or are they more focused on value-for-money purchases? If one of you is a saver and the other is a spender, finding a balance is crucial. Otherwise, financial conflicts can arise, making you question how important is money in a relationship when personalities clash. Setting ground rules for spending can help avoid unnecessary arguments in the future.

6. What is your take on budgeting?

Some people love creating detailed budgets and tracking expenses, while others feel budgets are restrictive. Ask your partner: Do they set spending limits for groceries, entertainment, and travel, or do they spend freely and adjust later? Do they follow the 50-30-20 rule (50% needs, 30% wants, 20% savings)? Understanding your partner’s approach to budgeting can help determine their financial habits and find a method that works for both of you. If you are new to budgeting, you can try Lxme’s Budget Planner to keep track of your expenses.

7. What are your thoughts on investments?

Is your partner investing in mutual funds, stocks, or real estate, or do they prefer keeping all their savings in a bank account? Do they understand the importance of wealth creation, or do they avoid financial risks? Discussing this will help you align financial goals and determine the best investment strategies for your future together. After all, how important is money in a relationship if financial growth isn’t a shared goal? You can invest money online with Lxme’s investment plans for women.

8. How do you approach savings?

Small savings today can lead to financial freedom tomorrow. Does your partner save regularly, or do they only save when they have extra money left over? The key is that you both should be saving enough so that you’re financially prepared for the future. Planning finances together strengthens your partnership and helps you address money questions before marrying in a structured way.

9. Do you have any debts?

From student loans to credit card debt, knowing about each other’s debts is important before committing to a long-term future. Debt isn’t necessarily a dealbreaker, but hiding debt or mismanaging it can be a red flag. A transparent discussion about loans, repayment plans, and financial discipline is necessary to avoid financial surprises after marriage. Addressing this openly is an important part of how to deal with money issues in a relationship before they escalate.

10. Do you have a travel fund?

If one of you dreams of international vacations while the other prefers budget-friendly staycations, travel expenses can become a major point of conflict. Discussing how to fund travel, whether through separate savings, a shared travel fund, or setting yearly travel budgets can help ensure you’re both aligned. These discussions are crucial in understanding how important is money in a relationship when lifestyle preferences differ. You can also use Lxme’s Goal Calculator to plan & save for your travel goals.

Discussing finances with your partner might not feel romantic, but trust us, it’s way better than fighting over money later! If you ask us, how important is money in a relationship? The answer: extremely! 

So, before you start planning your wedding, take a step back and have the money talk. Ask these money questions before marrying, understand each other’s financial mindset, and set clear expectations. And when you and your partner know how to deal with money issues in a relationship, you’re setting yourselves up for a lifetime of happiness without the money stress!

You can also read about various right of women in india and share this blog with your friends who are in relationships.

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Further read:

• How to Build a Financial Safety Net for Your Family’s Future

• How to Balance Financial Goals in a Relationship

• Building a Healthy Mother-Daughter Bond