Love & Money: 5 Essential Tips for Couples this Valentine's Day

OnPoint Community Credit Union shares expert advice, resources for a strong financial future 

PORTLAND, Ore., Feb. 4, 2025 /PRNewswire/ -- Committing to a long-term relationship is an exciting chapter. It's also an important time to establish how you will approach your finances as a couple. Research shows that almost one-third of partnered adults say money is a major source of conflict in their relationships.¹ With Valentine's Day right around the corner, OnPoint Community Credit Union has tips for couples on building a solid financial foundation.

"While love may bring you together, financial compatibility can keep you together," said Kristen Gillis, Mill Plain branch manager at OnPoint Community Credit Union. "By aligning your financial goals and working as a team, you can create a future that's secure and fulfilling for both of you."

OnPoint recommends top five tips to strengthen a couple's financial future:

1. Plan regular financial date nights
   Make financial check-ins fun by combining them with dinner or activities to discuss your financial picture. Have a standing agenda to review including income, debt and spending habits, to build trust and align goals.
   
   
2. Create a joint budget
   Develop a shared budget that outlines income and expenses, ensuring both partners have input and clarity.
   
   
3. Set mutual financial goals
   Identify and prioritize shared financial objectives, such as purchasing a home or planning vacations, to work toward together. Set up a joint savings account for shared goals and automate contributions for effortless progress.
   
   
4. Start a couple's emergency fund
   Build a safety net specifically for unexpected expenses that might arise. OnPoint recommends having three to six months in savings that will cover at least basic needs.
   
   
5. Seek professional advice
   Consult financial advisors to gain personalized guidance tailored to your joint financial situation and goals.

OnPoint's team of financial experts helps couples achieve financial well-being every day. Services for couples include joint accounts, financial planning, investments, and personalized advice to help couples navigate their financial journey together. To visit one of OnPoint's 57 branches or learn more about OnPoint's full range of products and services, visit onpointcu.com.

About OnPoint Community Credit Union 
OnPoint Community Credit Union is the largest credit union in Oregon, serving over 594,000 members and with assets of $9.7 billion. Founded in 1932, OnPoint Community Credit Union's membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at onpointcu.com or 503-228-7077 or 800-527-3932.

¹ https://www.apa.org/topics/money/conflict

SOURCE OnPoint Community Credit Union