Money Red Flags To Watch For In Potential Partner

Singles in the world of dating know to be on alert for red flags relating to everything from trust issues to exes, but they should also watch out for those related to finances. Money is one of the biggest sources of conflict in relationships, according to psychologist Rachel Needle. “So, looking for financial red flags early in a dating relationship is important and can possibly save you a lot of angst in the future,” explains.

Relationship and money experts share common money-related warning signs to be on the lookout for in a potential partner.

  • They’re not willing to talk openly about finances - We don’t expect someone on a first date to share their credit card balances and how much is in their 401k, but they won’t talk about their finances after a few months of dating or it seems like they’re trying to hide something, relational therapist Liz Higgins says that’s a red flag.
  • They use money to control you - If they make you feel bad about money, guilt you into paying for things or hold what they’ve spent on you over your head, finance coach Tatiana Tsoir says to consider it a warning sign.
  • They make you feel embarrassed about your financial situation - Your partner should be understanding about your financial situation and as financial planner Nicole Carson put it, “This topic should be a no-shame zone when it comes to dating.”
  • They’re overly flashy - If they only wear designer clothes, splurge for expensive vacations and it feels like they’re only doing it to impress, or if their job description and salary don’t seem to match up to their lifestyle, that’s another red flag.
  • They don’t tip - Dating coach Damonna Hoffman warns, “If they are frugal in situations where you believe they should be more generous, pay attention to that.” The way people treat service workers, including tipping, reveals a lot about them.
  • They lie about money - Lying about finances can strain a relationship, drive you apart and cause you to lose trust in your partner. If they’re being secretive about money or downright dishonest, that’s a red flag you don’t want to ignore.

Source: Huff Post

Photo: Getty Images


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