Money is a heavy topic, so give yourself some time to get deeper into the courtship.Talk about whether or not going to dinner tonight fits within your budget, for example.Once the subject is on the table and the two of you have had some fun with it, maybe talk a little more in detail.Neither person should get too specific with their numbers until they are comfortable doing so. When personal-finance columnists explain America’s poor saving habits, they sometimes start with the aspects of the human mind that make it challenging to plan for the future.But the decline in savings is recent, and the human brain hasn’t evolved since the Ford administration.
Middle-class saving fell as households spent more of their income to keep up with rising expenses, like housing and health care, and with their own expectations that earnings would eventually start growing. In 1994, just before the housing boom pushed middle-class savings to negative levels, the economist James M.Whether you agree on money or not, it’s better to learn that now rather than later. Behavioral psychology is a useful scapegoat for many foibles.Other writers suggest that the country’s low saving rate is purely a matter of American exceptionalism. The personal savings rate has fallen in Canada, Germany, and Japan, as well. S.: Nearly half of Americans would not be able to come up with 0 in savings in an emergency, according to a Federal Reserve study cited in 's cover story this month.America’s poor and its middle class live on the razor’s edge of financial security through their working years and are uniquely ill-prepared for retirement.If you disagree with your boyfriend/girlfriend about some money topic then find a compromise, that’s one thing.