Queues of people desparately picking up roses, chocolate and M&S meal deals in shops tonight means it’s Valentine’s tomorrow, so we looked at love for this week’s #MondayMoneyUK Twitter chat.
Our host was Cat from Penny Wise Life Rich. You can listen to Cat on Share Radio summarising the chat, or check out the best of the tweets below.
Q1
Ok, kicking off with Q1- It’s Valentine’s Day tomorrow, do you celebrate? Why/why not? On what scale? #MondayMoneyUK
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
We do celebrate but not on the night as it’s always much more expensive! #MondayMoneyUK https://t.co/KrTtaJNq1v
— Hannah Brice (@HannahLisaBrice) February 13, 2017
@pennywiselr hmm, not really. We get a token gift, but don’t go crazy! #MondayMoneyUK
— FromPenniestoPounds (@FromPenniesto) February 13, 2017
@pennywiselr We tend to go VERY low key, most years a @dominos and a film! This year not even that – wedding soon so saving! #MondayMoneyUK
— Wiser Wealthier (@WiserWealthier) February 13, 2017
@pennywiselr my wife and I do cards. don’t need 1 day to show we love eachother when we have 365. #mondaymoneyuk
— Money for Monday (@MoneyforMonday) February 13, 2017
Is Valentine’s an excuse to treat your partner or a purely consumer driven holiday? #mondaymoneyuk https://t.co/3hRfqfSmcp
— UK Money Bloggers (@UKMoneybloggers) February 13, 2017
A1 #MondayMoneyUK Yes, it’s commercialised. But there are hundreds of ways to be loving without spending cash. We cook something nice
— Lesley Negus (@Thriftylesley) February 13, 2017
A1 Yes! Single for aaaages so do celebrate with my husband now, but nice meal at home rather than a spendfest. #MondayMoneyUK @pennywiselr
— Faith Archer (@MuchMore_Less) February 13, 2017
Q2
Ok, moving on… Q2- Do you think you should be open about your finances early on in a relationship? How early? #MondayMoneyUK
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
A2. I think when you’re considering moving in together that’s when you need to have the big discussion #MondayMoneyUK
— Leanne (@msleannefraser) February 13, 2017
@pennywiselr early! I regret not realising how bad my husband was with finances earlier. It’s SO important #mondaymoneyuk
— FromPenniestoPounds (@FromPenniesto) February 13, 2017
#mondaymoneyuk We knew each others finances very early. I even helped @ChammyIRL with some of her debt problems. Probably why she kept me 😛
— Virtual Wombat (@VirtualWombat) February 13, 2017
A2 #MondayMoneyUK As soon as you think it is a serious relationship https://t.co/osqe9aLLh4
— Lesley Negus (@Thriftylesley) February 13, 2017
@pennywiselr A2: No, it’s none of your business until you know it’s going somewhere. Later on most definitely #MondayMoneyUK
— Thinking Thrifty (@thinkin_thrifty) February 13, 2017
@pennywiselr A2. Def need to make sure you don’t spend more than can afford to impress when dating. Chat when more serious. #MondayMoneyUK
— Andy Webb CleverCash (@AndyCleverCash) February 13, 2017
If you’re loaded, keep it quiet, but if you’re massively in debt, they should be told. That’s fair right? #MondayMoneyUK https://t.co/9vgG4hw1Ei
— Hannah Brice (@HannahLisaBrice) February 13, 2017
Q3
Ok what about Q3- Has/would someone’s financial status ever put you off seeing them? How/why? #MondayMoneyUK
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
A3 #MondayMoneyUK if someone was hugely in debt, it would depend how they got there, and their attitude to it now. https://t.co/GdOrrWLvr0
— Lesley Negus (@Thriftylesley) February 13, 2017
@pennywiselr it hasn’t before, but that’s my mistake!! I would say it’s an important thing to consider #mondaymoneyuk
— FromPenniestoPounds (@FromPenniesto) February 13, 2017
A3. I’d like to say no but I’m probably lying as people who literally have no money by payday stress me out 😂 #MondayMoneyUK
— Leanne (@msleannefraser) February 13, 2017
A3 I can’t say it ever has, I’ve always been an idealist & always been a bit broke so couldn’t turn my nose up at anyone! 😀 #MondayMoneyUK
— Lee Balders (@HomelyEconomics) February 13, 2017
@UKMoneybloggers no, being in debt wouldn’t put me off – their attitude towards it might #MondayMoneyUK
— LifeLessConventional (@LLConventional_) February 13, 2017
Q4
Q4- How does money work in your relationship? Do you have a joint account/share money or is everything separate? #MondayMoneyUK
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
A4: We have a joint account for bills & another couple for joint savings. Then own accounts for personal spending & saving #MondayMoneyUK https://t.co/zd5nHeCVFf
— Andy Webb CleverCash (@AndyCleverCash) February 13, 2017
We have always shared an account from the moment we started living together. Mine is his & his is mine (mostly the latter 😉) #MondayMoneyUK https://t.co/2Eufr2Y4rR
— Chammy In Real Life (@ChammyIRL) February 13, 2017
@pennywiselr No joint acct. but all shared between our accts. Best move we ever made was to put it all together! #MondayMoneyUK
— Wiser Wealthier (@WiserWealthier) February 13, 2017
@AndyCleverCash we do similar. A joint savings ac for big stuff, joint ac for bills and then separate for spends #mondaymoneyuk
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
@pennywiselr Everything is pooled but we each get ‘fun money’ to spend however we wish #MondayMoneyUK
— Tortoise Happy (@tortoise_happy) February 13, 2017
A4 Once married, joint account for household bills & joint credit card for family spending, but also individual accounts. #MondayMoneyUK
— Faith Archer (@MuchMore_Less) February 13, 2017
Heard lots of advice that there should be a CFO in every relationship – there’s a great @ShannahGame podcast on it. #MondayMoneyUK https://t.co/RY9FXrSGbO
— Wiser Wealthier (@WiserWealthier) February 13, 2017
Q5
Finally, Q5- Is there a way your partner spends or saves that you don’t like? How do you deal with it? #MondayMoneyUK
— Cat @ Penny Wise (@pennywiselr) February 13, 2017
@pennywiselr don’t even get me started. Can I say everything he does? #mondaymoneyuk
— FromPenniestoPounds (@FromPenniesto) February 13, 2017
A5, I’m a saver, he’s a spender. Send each of us to the shop with a list the difference in amount spent is unbelievable! #mondaymoneyuk
— MsMoneyMaximiser (@MsMoneyMaxi) February 13, 2017
@pennywiselr We are on the same wave length financially so no. Though she would admit to wanting to save more #mondaymoneyuk
— Money for Monday (@MoneyforMonday) February 13, 2017
A5 No, similar views on money and priorities, and we discuss big purchases. Both pretty sensible with cash. #MondayMoneyUK @pennywiselr
— Faith Archer (@MuchMore_Less) February 13, 2017
A5 #MondayMoneyUK as I’ve just said, Mike is always blowing a tenner at Sainsbury’s on nothing. But we can afford it now, so I live with it https://t.co/5inWLExf3q
— Lesley Negus (@Thriftylesley) February 13, 2017
@pennywiselr I think it’s because he thinks I’ll say no. I’d rather have a discussion beforehand than be lied to. #MondayMoneyUK
— Savvy in Somerset (@SavvyinSomerset) February 13, 2017
@pennywiselr He’ll drive to the shop that’s within 150 yards to our flat. It takes more effort to get the car outa the underground carpark!
— Thinking Thrifty (@thinkin_thrifty) February 13, 2017
@pennywiselr I’d def say my wife got annoyed with me NOT spending / always hunting for the best deal. #MondayMoneyUK
— Andy Webb CleverCash (@AndyCleverCash) February 13, 2017