Jason Tartick; Kaitlyn Bristowe.Photo:Andrew H. Walker/AWNewYork/Shutterstock; Dimitrios Kambouris/Getty
Andrew H. Walker/AWNewYork/Shutterstock; Dimitrios Kambouris/Getty
Love might just cost a thing according toJason Tartick.
In his upcoming bookTalk Money to Me: The 8 Essential Financial Questions to Discuss With Your Partner,The Bachelorettealum, 35, encourages readers to have important conversations about money with their significant others.
“Through my research, I found that money fights are the second leading cause of divorce, right behind marital infidelity,” Tartick tells PEOPLE. “Statistically, we have learned that just the act of not talking about money is creating separation within our relationships.Talk Money to Meis another step in my desire to push financial transparency and teach money management skills to people of all ages.”
Tartick worked in the banking industry for nearly a decade before appearing onBecca Kufrin’s season ofThe Bacheloretteand now hosts the business podcastTrading Secrets, runs Rewired Talent Management agency and invests in multiple companies. The Buffalo, N.Y. native credits his grandfather with sparking an interest in financial literacy.
“When I was 16, he opened up his entire portfolio and taught me the basics of investing,” Tartick recalls. “During our lessons he said something that has stuck with me ever since: ‘When it comes to money management with yourself and loved ones, you must understand the importance of financial transparency.’ From that moment on, financial transparency has always been a big part of my life.”
‘Talk Money to Me’ cover.HarperCollins Leadership
HarperCollins Leadership
The reality star knows that discussing topics like credit scores, annual expenses and retirement plans can be intimidating, but “we don’t have to be professional financial managers, business analysts, or mathematician, to get comfortable with the idea of understanding and talking about money,” he says. “By getting more comfortable talking about money, we can not only improve our financial health, but we can increase the strength of our relationships. That’s whatTalk Money to Meis about: finding financial happiness within ourselves, and with the people that we love.”
Talk Money to Memarks the follow-up to Tartick’s 2022 release,TheRestart Roadmap,and comes months after he and former BacheloretteKaitlyn Bristoweended their engagementfollowingfour years together.
In a PEOPLE exclusive expert below fromTalk Money to Me,Tartick reveals some mistakes he made early on in his relationship with Bristowe, 38. PEOPLE also has an exclusive look at which back cover Tartick selected for the book after polling his Instagram followers about their favorite option in December.
‘Talk Money to Me’ back cover.HarperCollins Leadership
Now this changed throughout the years of our relationship, but to paint you a picture of how uninformed we were, here is a detailed list of all the numbers we didn’t know before moving in together:
• Credit score: I didn’t know hers; she didn’t know mine.
• Total income: A guessing game for both of us.
• Total debt: A real his-and-her mystery.
• Annual spending habits: We never discussed it and of course didn’t put together a budget.
• How bills would be split: Zero plan in place.
• Joint account: Wasn’t a conversation and wasn’t implemented until years after the move.
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• Purchased a joint living asset without a contract: Hello, Ramen!
• Four months later, purchased another living asset without a contract: Love you, Pinot.
• Investment portfolio: I didn’t know hers, she didn’t know mine and we didn’t discuss if we’d open an account together, or if we would use a financial adviser.
• Net worth: Although wildly incorrect information, Google has more info on us than conversations we had with each other about it.
• Retirement goals: I had no clue when she wanted to retire and vice versa.
Talk Money to Me: The 8 Essential Financial Questions to Discuss With Your Partneris out April 2.
source: people.com
