Speaking on the Martin Lewis Money Show, the personal finance guru said that a person is often in charge of all their household finances
Couples should sit down for a very important financial conversation before either of them dies, urged money-saving expert Martin Lewis
Speaking about his ITV program, the Martin Lewis Money Show, he said that often a person in a household would be in charge of finances
But according to the personal finance guru, it can leave loved ones in embarrassment if the worst happens
The manager must therefore make a list of all the financial information of the household, without including sensitive details
The couple should then sit down and go through the list to make sure everyone understands what
Lewis said: « I can’t tell you how many times – it’s usually women but not always – I’ve told [to myself] that I had lost my husband and I don’t know how to deal with them. finances
« And I will always remember a case of a woman who stopped me in the street in tears because her husband had died two months before
« This is a really important point, it’s what I call the three D’s – death, divorce, dementia
« They represent a risk, and so if you’re the one looking after the family’s finances that’s fine – but make sure there’s a financial sheet that lists all the information and everything. relevant products
« And be sure to go see your partner, and tell them what’s going to happen
Martin Lewis, Finance, Pension
World News – UK – Martin Lewis urges couples to have that one conversation about money