How to manage money with your significant other

Managing money with your partner can be daunting — but it doesn't have to be.

Watch the video as Canna Campbell takes us through five simple tips that'll help you avoid any pitfalls, so that achieving financial goals with your significant other can be realised with ease.

Tip Summary

Have shared goals: Explain to your partner what financial goals are important to you and why, and work on both of your goals together.

Educate each other: If one partner is more financially experienced they should share their knowledge.

Honesty: Be upfront about your debt, earnings and what savings and investments you have.

Respect each other's values: Different people have different financial goals, understand and respect that your partners may be different to your own.

Reward yourself: As you make progress be sure to give yourself small rewards along the way.

*Everyone has their own way of approaching finances, but when it comes to managing money in a partnership, it's important to be on the same page. Head to Suncorp to find out your Money Profile and how it complements — or conflicts with — your partner's, and let's get doing more with your money.