There are few things couples fight more about than money.
Get this: Even when the economy is great, money is STILL
the most common source of marital conflict.
Money causes more splits than just about anything else.
We form our beliefs about money from good ole’ mom and dad.
Want a future glimpse of your spouse’s destiny with money?
Observe his/her parents’ saving and spending habits.
Of course I’m generalizing. And it’s absolutely true that
some children intentionally choose to manage money
differently than their parents.
But if you want a happier marriage and
avoid an economic
holocaust somewhere in your future, forge a financial
partnership with your spouse.
When you deal with the finances together, you'll fight
about money less
often.
Money is an area of life you must do together.
Always having to be the “responsible” one gets old fast. And
it really
gets old if you’re the one making sure the bills are
paid while your spouse is using the “family wealth” as fun money.
Here are two great options to avoid that from ever happening:
1) Pool ALL of your money and work together on how it’s spent,
saved, and invested.
2) Agree on who is responsible for which budgeted items.
One of the best resources on money management is Dave Ramsey’s
Financial Peace University.
Visit Dave Ramsey’s website for more information:
http://www.DaveRamsey.com
(Please note: this is not an affiliate link - our team doesn't make
any money promoting Dave Ramsey. I promote Financial Peace
University because of its proven track record and because
it works.)
At the end of the day, money either uses you or you use money.
Don't let the issue of money abuse your marriage.
Until next time, this is Mike Tucker and the Mad about
Marriage team and want YOU to be mad about marriage!