This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Are you stuck in a sitch cause you need your partner’s money?
There is usually one primary reason.
Even if they desired to, they can’t because they are financially entangled with their partner.
I won’t lie; in one of my previous relationships, where we split everything down the middle, I knew I would miss that 50% discount. However, I knew I didn’t need their money to live independently and support myself.
Despite the length of the relationship, I never became financially comfortable with our situation and always stayed prepared as if I were living alone.
Unfortunately, most people don’t have this luxury because they are financially codependent on one another and don’t know what actions to take to improve their situation.
Here’s what I told one of my friends who is currently in a sticky financial situation:
Always keep a separate bank account with money you can control, invest, and save 100% of the time at your discretion.
Don’t give up your income sources. Maintain at least 2–3 income sources – even if your partner says you don’t have to work.
Always think long-term. “If I lose my partner’s income, where would I stand financially?”
Frequently ask yourself, “If I only had my income could I maintain my lifestyle?”
Curb the spending. We often spend more money when we have more resources available to us.
Disregard your partner’s income as non-existent or the opportunity to save all of your income if you two require it.
If you don’t have a stable income, create one immediately. The best time to do it is when you have another income source outside your own to provide a supportive foundation for you to take off with your financial independence.
Never enter relationship situations that will enable you to be financially dependent. Obtain financial independence before entering relationships.
If you notice your partner is trying to become financially reliant on you and you’re not okay with it, have an open discussion and address it immediately before it evolves into a real problem.
Never put your financial matters in the hands of someone else. Always take responsibility for your money. Always take responsibility for your spending habits. Always take responsibility for your financial goals. Even if you share financial goals with your partner, have your own.
Disclaimer: There are many successful partnerships and relationships with mutual financial reliance on one another. If this is what you desire, at least know what you’re getting into before you jump in.
Having your own money also creates a sense of peace within a relationship and helps offset any imbalances.
It’s certainly alright if you and your partner earn different amounts of money, but still, always have your own.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.