Not always. If you happen to be financially responsible, it may benefit you to find a financially responsible partner because you’ve worked hard to get where you are. On the same token, if you’re not yet responsible in the area of finances, a fiscally accountable partner can provide the balance you need.
Just because you have diverging financial habits doesn’t mean you are financially incompatible. With an open mind and respect for each other, a saver can help keep a spender in check, and a spender can help a saver let loose every now and then.
How do I find this financially responsible plus one?
Initially, you will need to be on the lookout for both signs of stability and red flags of instability. How long have they been at their current job? Do their spending habits seem in line with someone of their career and estimated salary? Do they talk about long-term financial goals? Do they always have new clothes, shoes, cars, etc.? Do they always want to go out, or do they occasionally prefer to stay in? Do they have specific career goals? Who are their closest friends, and what is their spending style, job stability, etc.?
When do I ask the big questions?
When things start to get more serious, it’s time to have a talk about future plans. Ask questions such as: Who will pay for which expenses? Will we have joint or separate bank accounts? What are our health insurance options? Will we be buying a house? Will either of us be going to additional school? Will we have children? Do we want private or public education for our children? Do we want one parent to stay home with kids? When do we want to retire?
It may not sound romantic, but a successful marriage (and family) bears many similarities to a successful business. Bottom line: Good decisions lead to good results.