25% of Americans would have asked this important question before saying "yes"

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Before getting married, couples usually approach many topics, whether it's wanting to have children or planning their life together. But personal finances could be a topic that couples actually avoid before marriage. Where is it?

To find out if Americans are talking about money before combining their finances, GOBankingRates surveyed more than 500 married adults on the financial and personal topics they discussed with their partner before tying the knot. You may be surprised at how Americans approach personal finances in their relationships – and things they regret not having touched before venturing into the aisles.

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25% of Americans want to discuss pre-marriage budgeting

The survey found that the financial topics most frequently addressed by respondents with their partners before marriage were their income and how to manage their bills together, with 47.6% and 47% respectively. Other common pre-marital topics of conversation were the management of bank accounts and individual debt at 40.2% and 39.8%, respectively.

The GOBankingRates study also looked at the personal topics respondents discussed with their partners before getting married. Nearly 50% talked about their relationships with family members and about 46% covered their religious beliefs. At 44.4%, having children was the third most popular topic of conversation among couples before marriage, followed by knowing they wanted to buy a house or rent, at 41.8%.

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Financial topic Percentage of Americans Debt 20.7% Income 20.7% Investments 19.9% ​​Consumer habits 22.9% Financial errors 22.5% Bank account management 21.1% Budgetary expenses 24.9% Invoice processing 21.5% Other 1.2% None of these answers 57.2%

However, the survey also revealed that many couples would like to have talked more about money before getting married. The most common thing that respondents regret not having discussed before marriage was budgeting. About 25% indicated that they would like this financial topic to be discussed before tying the knot.

Respondents also indicated that they would like to have discussed with their now-spouse spending habits and past financial errors. Not talking openly about financial issues can hurt relationships – a separate investigation by GOBankingRates revealed that the main financial hurdle in relationships is the confidentiality of money.

Most Americans think couples should have a financial speech before getting married

Overall, the GOBankingRates survey found that nearly 67% of respondents think it is very important for couples to discuss the financial situation before marriage. Only about 5% said it was not important at all to discuss personal finances before getting married.

However, about 31% of respondents said they did not cover any of the financial topics covered in the survey before their marriage. In addition, about 26% of respondents said they had not addressed any of the personal topics covered by the survey, suggesting that couples were less likely to talk about financial than personal topics before getting married.

That said, an almost equal percentage of respondents reported talking about their income and their relationships with family members – 47.6% and 48.2%, respectively. Couples were also just as likely to have discussed how to handle bills and their religious beliefs, at 47% and 46.2%, respectively.

Between their finances and their personal topics, the topic that couples were least likely to talk about before getting married was their investments.

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Women communicate more about money and personal matters

Discussing finances before marriage seems to be more important for women than for men. The GOBankingRates study found that about 70% of women said it was very important to talk about money before getting married, compared to about 63% of men. Nearly 6% of men said that discussing money before marriage was not important at all, compared to only about 4% of women.

The story continues

Women were not only more likely to understand that it was important to talk about money before marriage, but they were also more likely than men to take the plunge. About 34% of men – compared to only 28% of women – reported that they did not discuss the financial issues raised in the survey with their partner.

Among women who talked about finances with their partner before getting married, the most common discussion was about their income, at 51%. The financial subject that men were most likely to have discussed with their partner before marriage was how to handle the bills, at 45.2%.

Women and men regret not talking about pre-marital financial budgeting, according to the survey – this is the strongest response for both sexes, related to men's spending patterns. However, nearly 28% of women would have regretted not having talked about pre-marital budgeting, compared to only 22% of men.

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Financial topic Percentage of women Percentage of men Debt 23% 18.3% Income 22.6% 18.7% Investments 22.2% 17.4% Spending habits 23.8% 22% Financial errors 25.7% 19.1% Management of bank accounts 22, 6% 19.5% Budgetary Finance 27.6% 22% Invoice Processing 24.9% 17.8% Other 1.2% 1.2% None of the above 57.1% 57.3%

Women were also more likely than men to deal with personal matters before marriage. Only 23% of women did not discuss any of the personal topics covered in the survey, compared to about 30% of men.

Among women who talked about personal matters with their partner before marriage, they tended to discuss relationships with family members and their religious beliefs at 51% and 50.6%, respectively. These topics were also among the topics most frequently addressed by men, but only 45.2% talked about relationships with family members and 41.5% talked about their religious beliefs.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Find out why: Americans would choose money more than love in 2019, according to a survey"data-reactid =" 82 ">Find out why: Americans would choose money more than love in 2019, according to a survey

Older Americans have been silent on their finances

Although a majority of respondents from all age groups stated that it was very important for couples to discuss their finances before marriage, seniors were less likely to have actually discussed the money before getting married. The GOBankingRates survey found that only 25% of 25- to 34-year-olds did not discuss any financial issues with their partner before marriage, while nearly 43% of 55- to 64-year-olds said nothing about their debt , of their income. , investments, spending habits, financial errors, bank accounts, budgeting and invoices. In addition, nearly 38% of adults aged 65 and over did not discuss financial matters with their partners before getting married.

Among respondents aged 65 and over who discussed finances before marriage, the most common topic was invoice management. It was also the financial topic most often addressed by respondents aged 25 to 34. In contrast, those aged 35 to 54 – covering two age groups – were the most likely to have discussed their income relative to other financial topics. In addition, adults aged 18 to 24 were more likely to have talked about their drinking habits before getting married.

Older adults were also less likely than younger people to have talked about personal matters before attaching themselves. The survey found that almost 39% of adults aged 55 to 64 did not discuss topics such as religious beliefs, having children, career goals, or relationships with family members Before marriage. Only 10.5% of adults aged 18 to 24 and 16.7% of adults aged 25 to 34 reported that they did not discuss any of these personal topics prior to marriage.

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Financial topic 18-24 years old 25-34 years 35-44 years 45-54 years 55-64 years 65 and over Debt 23.7% 16.7% 23.8% 25.9% 17.6% 17.6% Income 23.7% 21.7% 26.3% 21.3% 14.8% 20.4% Investments 23.7% 20% 22.5% 20.4% 15.7% 20.4% Consumer habits 13.2% 20% 26.3% 25.3% 25.2%% 22.2% Errors Financials 26.3% 18.3% 25% 24.1% 20.4% 22.2% Management of bank accounts 21.1% 16.7% 27.5% 20.4% 18.5% 22.2 % Financial Budget 23.7% 18.3% 32.5% 27.8% 20.4% 25% Bill Processing 26.3% 18.3% 26.3% 25.9% 15.7% 19, 4% Other 0% 1.7% 1.3% 1.9% 1.9% 0% None of these responses 39.5% 61.7% 52.5% 50.9% 67.6% 60.2 %

Younger respondents, aged 18 to 24, were the most likely among all age groups to wish to discuss investment, past financial errors, and invoice management. Generation X youth aged 35 to 44 were the most likely to regret not having talked about budgeting, bank account management, consumption patterns and pre-marital earnings. And older Generation X aged 45 to 54 were the most likely of all generations to wish to talk about their debt before marriage.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Poll finds 1 in 4 Americans would consider getting divorced"data-reactid =" 111 ">Poll finds 1 in 4 Americans would consider getting divorced

Previous generations also have less financial worries in marriage

Overall, the GOBankingRates survey found that about 57% of respondents did not regret not talking to their partners about debt, income, investments, spending habits, financial errors, accounts banking, budgeting and pre-wedding bills. However, older people were less likely to have regrets. The survey found that nearly 68% of boomers aged 55 to 64 did not want to discuss these financial issues before getting married.

Older people also seem less stressed about finances in marriage. Almost 64% of adults aged 55 to 64 and almost 67% of adults aged 65 and over said they had no financial worries about their marriage. And more than half of respondents aged 45 to 54 and those aged 25 to 34 agreed with this statement. However, only about 44% of 35- to 44-year-olds reported not having experienced financial stress during their marriage.

Among those who reported having financial problems in their marriage, respondents aged 35 to 64 – in three age groups – were the most likely to say that excessive spending by a partner was the main problem. For respondents aged 18 to 24, excessive spending by a partner was also the main answer, on par with a partner who was in too much debt.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Question: What has been your biggest financial concern during your wedding?"data-reactid =" 116 ">Question: What has been your biggest financial concern during your wedding?

Financial concern 18-24 years old 25-34 years 35-44 years 45-54 years 55-64 years 65 and over Hide financial partners 13.2% 11.7% 12.5% ​​9.3% 10.2% 3.7% Partner spending beyond our means 23.7% 15% 32.5% 24, 1% 13.9% 11.1% The partner who accumulates too much debt 23.7% 20% 15% 8.3% 8.3% 9.3% Partner who does not pay his share of the bills 13.2% 5 % 11.3% 4.6% 4.6% 5.6% Partner making a bad investment 10.5% 10% 5% 13% 4.6% 5.6% Partner too dependent on the financial point of view 13, 2% 11.7% 15% 7.4% 5.6%% 13.9% Other 0% 5% 5% 7.4% 6.5% 6.5% I have not had any problems financial in my marriage 42.1% 56.7% 43.8% 52.8% 63.9% 66.7%

One of the best ways to avoid financial problems related to marriage is to openly talk about money. In some marriages, a lack of communication about finances can lead to divorce. Thus, taking the time to discuss financial issues on a regular basis can really help to maintain your relationship in the long run.

Click on the link to find out how happy couples are talking about money.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Methodology: This survey was commissioned by ConsumerTrack Inc. and conducted by Survata, an independent research company based in San Francisco. Survata asked the six online respondents the following six questions: 1) How important do you think it is important for a couple to discuss pre-marriage finances? 2) Before getting married, did you discuss any of the following financial topics with your partner? Select all that relates to it. 3) Before getting married, did you discuss any of the following personal topics with your partner? Select all that relates to it. 4) Would you like to discuss one of the following financial topics before getting married? Select all that relates to it. 5) Among the following concerns, what was your biggest financial concern during your wedding? 6) Why would you want your partner and you to talk more about finances before getting married? Select all that relates to it. The survey was conducted between January 30, 2019 and February 1, 2019. "data-reactid =" 128 ">Methodology: This survey was commissioned by ConsumerTrack Inc. and conducted by Survata, an independent research company based in San Francisco. Survata asked the six online respondents the following six questions: 1) How important do you think it is important for a couple to discuss pre-marriage finances? 2) Before getting married, did you discuss any of the following financial topics with your partner? Select all that relates to it. 3) Before getting married, did you discuss any of the following personal topics with your partner? Select all that relates to it. 4) Would you like to discuss one of the following financial topics before getting married? Select all that relates to it. 5) Among the following concerns, what was your biggest financial concern during your wedding? 6) Why would you want your partner and you to talk more about finances before getting married? Select all that relates to it. The survey was conducted between January 30, 2019 and February 1, 2019.

This article was originally published on GOBankingRates.com: 25% of Americans would like to have asked this important question before saying "I do it".