If you're the one with the issues, be honest about your shortcomings. A good relationship is one in which each party helps the other make better choices -- and you and your beau might be able to help each other become smarter about money.  Whether you are newly engaged or suddenly find a long-term relationship challenged by a financial setback, support each other. Retreating to your corners does not help. Nor does finger-pointing; blame doesn't help your balance sheet. To address any money problem, you need to work together to come up with a game plan.  Who makes what is irrelevant. Do you hear me, stay-at-home moms? The size of your paycheck does not determine your role in the family finances. Respect each other as equal partners, with an equal say in money management.  I know there's nothing sexy about legal forms. But ensuring that you have the correct documents in place to safeguard you and your assets is a must. A prenuptial agreement will clearly delineate what is solely yours before marriage, meaning you will be protected if you divorce.  For those contemplating a second marriage, the only way to protect the assets you bring to the table -- especially if you want them to go to children from a prior marriage -- is to create a legal trust. That document will spell out what portion of your personal assets will pass to your children, rather than to your new spouse.  Debts you had prior to marriage are yours alone -- unless you actively merge them. When you wed, don't automatically rush to combine everything. You can help each other out by chipping away at your loans without becoming officially responsible for each other's.  Here's how I suggest every cohabiting couple organize their cash flow: Create three accounts -- one for you, one for your partner, and one joint fund.
Hashing out monetary matters may not make for romantic pillow talk, but a little financial planning can do a lot for your love life down the line. Here are a few pointers to help you stay smart when