Your most important financial partner isn't your broker. It's your spouse--you know, the one who probably owns half of all you do and whose fate is inextricably linked with yours. But research shows that spouses often don't agree on even such basic info as their income and savings. Wake-up call: To make smart decisions, you need to talk, and if you're like most couples, to do a better job at it.
- Men: Don't assume she doesn't care about this stuff. She does. But you need to lay off the jargon and speak English.
- Women: Don't just leave it all to him. At a minimum, know where the key papers are and how your money is invested. ˙
- Both: Focus on goals, not on being right. It's not a contest.