Open to negotiation
The adage “life is full ofcompromises” is worth heedingbecause it’s true. Knowing whento compromise—in a couple,friendship or family—withoutsacrificing too much is an art worthpursuing.
The trick is open communication,so everyone feels valued. Negotiateonly when everyone is calm andopen to talking.
Before you start, have a good
understanding of what you will and
negotiate as the
other side wants
In the spirit of fairness andrespect, make a reasonable offer.
If you can’t find common ground,get advice from a counsellor orsomeone you trust.
Price of love
When love comes your way,sharing can come naturally. Beforesharing your finances, however,some caution may be needed,particularly if you’re an older adultwith a home and savingsto protect.
When you first start dating,resist telling your new friendabout your finances or lendingthem money. Be wary if they askquestions about your financesthat make you uncomfortable ortry talking you into investing in abusiness or other scheme.
“Don’t let anyone pressure youinto making financial decisions,”advises Michele Markham,manager of the Seniors’ SafeHouse in Edmonton. “Take time.
Talk to someone you trust, maybe
your banker. Get their advice.”
If you’re considering living
together or opening a joint bank
account, get it in writing. Draft
an agreement that details the
expenses that can be drawn
from your joint account. Set out
your rights and responsibilities
to each other in your new
“Be concerned if your newpartner says there’s no need forspecifics and to just trust them,”Markham cautions.
Take care of the details.
Then take the tumble into love.
Knowing when tocompromise withoutsacrificing too muchis an art worth pursuing
See Dating and New Relationshipsfor Older Adults, posted at