One aspect of agreeing on personal finances is having solid money management practices. Doing the following things together will help bring understanding about the finances and an improved ability to control outgo. Here are the next 5 tips in this series of 20 tips. 6. Make decisions in advance. Make a plan for your money …
Money is inextricably tied to goals, values and priorities. Therefore, “money fights” are really about issues that run deeper than just money. For married couples, having combined finances will cause these deeper issues come up over and over. However, keeping separate finances won’t make the money fights go away because it doesn’t resolve these deeper …
According to a survey in Money magazine, “71 % of Americans admit they keep secrets or lie to spouses and significant others about their money.” Wow! That’s a high number. We call this type of behavior “financial infidelity.” Financial infidelity certainly can be a problem in a marriage relationship, but I think financial infidelity is …
I remember the last time I ever splurged using a credit card. It was at a craft fair (definitely a dangerous place for a person who loves crafts to have a credit card). I was looking around with my mother-in-law and sister-in-law when I saw the most awesome-est, coolest thing ever: a tie-dyed, velvet-like cape. …
When it comes to couples and money, there will always be disagreements. I mean, what’s the likelihood that two people will value everything exactly the same? It doesn’t happen. So when those differences come up — usually when planning and budgeting (or, for those couples that don’t actually do a budget, when purchase decisions arise) …
I see a lot of information on the web on how to make a budget. Usually they go something like: track your spending for 3 months make a list of your expenses do the math to average out your irregular and variable expenses make a budget for your bills make sure your outgo is less …
