A new report finds that people stressed about their finances are often worried that discussing it will lead to an argument. But experts say conversations can help. People who are stressed about their finances are often wary of talking about money with their romantic partners, even though it may be beneficial to their relationship, new research finds.
People worried about bills, feeling overwhelmed about overspending or concerned about money management may expect a “money talk” to lead to an argument , so they avoid bringing up the topic, according to a report from researchers at Cornell University and Yale University in the United States, published last month in the Journal of Consumer Psychology . Yet previous research has found that communicating about money helps couples spend more responsibly and better manage their debt. “They anticipate conflict, so they’re choosing not to have these conversations at all,” said Emily Garbinsky, associate professor of marketing and management communication at Cornell’s business school and one of the study’s authors.
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