Jen Masseau and her fiancé, Andrew, aren’t even married yet, but they already understand the importance of open communication — especially when it comes to money. The couple talk about their finances usually once a month, says Masseau, a 30-year-old magazine editor in Toronto, and it’s paying off: They bought their first car and paid for it in full. They’re actively saving for a down payment on a house. They’re both debt-free.“We talk about money so we can maintain good standing with our finances,” she says. “We don’t want to be in debt. We see other people struggle with that, and it’s not something we want for ourselves.”

The couple, who are getting married next June, are in an enviable position, especially among their millennial peers. A new poll from CIBC finds that 66 percent of those who plan to marry or live common-law are entering their relationship with debt. Only 35 percent of newly committed couples say they’ve talked about money in detail, while 40 percent have only had a brief conversation about money.

“Financial topics can be difficult to discuss — they’re not romantic or sexy,” says Jamie Golombek, Managing Director of Tax and Estate Planning, CIBC Wealth

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