ESTABLISH FINANCIAL GOALS TOGETHER

Not working towards the same goals is a recipe for conflict. “This includes big goals such as buying a house or going on a holiday,” Ingram says. “You also need to agree on how each of you is going to contribute to these goals in a fair way.”

Life partners should have a joint financial plan, adds Sue Torr, managing director of Crue Invest. “It’s difficult to find the motivation to save if you don’t know what you’re saving for.”