how to communicate with your partner about money
Two issues top the list of reasons couples divorce: infidelity, followed by finances. Knowing how to communicate with your spouse about finances, then, could do more than ensure the mortgage gets paid on time. It could actually save your marriage. A survey by Ramsey Solutions found that nearly two-thirds of couples start their marriage in…
Read MoreProblems occur in a relationship when the partners have conflicting styles and perspectives about money. Even though money is a leading cause of divorce, couples rarely explore their individual money-selves before tying the knot. Often a money conflict sparks the discussion and sheds light on areas of incompatibility. Handled well (with awareness, understanding, and objectivity) different perspectives are not necessarily unworkable. In fact, many couples create financial plans that account for their individual money needs and wants, and find a complementary balance. The grinch curbs the spendthrift who loosens up the grinch to enjoy a moderate taste of the good life.
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