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Why Doctor And Dentist Couples Should Talk About Money

For any couple, it is really important to discuss your financial affairs and to both take some level of responsibility when it comes to managing your money. All too often we see couples who don’t communicate about their finances, and end up arguing because they have different money values (generally around spending behaviour).

For medical and dental couples this is even more relevant, for the following reasons:

– Your affairs will typically be quite complex, and will require more ongoing attention;

– You are typically dealing with more income/money than a non-medical/dental couple;

– The non-medical/dental spouse typically gets the responsibility of managing the (practice) finances, but they might feel overwhelmed and stressed, which leads to arguments.

You may also find the following article of interest: The big money mistake you are making.

We always encourage both spouses to attend our meetings where possible, and we make sure that the spouse who is least interested in the financial side of things is included in the financial decision-making process.

We facilitate joint goal setting and educate both spouses – we don’t believe there is such a thing as a ‘silly question’ when it comes to money.

If you have any questions, please contact us on 08 9381 2704.

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