We came across 5 good tips for money management in marriage. It is very important to not ignore this topic with your spouse. Love is a great thing to have but it won’t pay the bills! So you need to sit down with your spouse and talk about money stuff… even if it is uncomfortable… it will get easier.
According to a poll by USA TODAY, nearly two-thirds of married couples talk little or nothing about money before they say, “I do.” The majority decide to join their lives without talking about joining their bank accounts. While agreeing on a place to live, how many children to have, and what the children’s names will be, most have no plans on how to spend, save and give their money.
Here are few practical steps every couple (married or engaged) can take to protect and strengthen their relationship, while implementing sound financial habits. Taking these few simple steps can save much heartache and bring more peace, not only to the couple but also to the entire family.
1. Straight Money Talk
Money has been a taboo subject among couples for way too long. It’s time to break the silence and start talking. Set aside one night a month for your “money talk.” Do it over coffee and desert, or after your children go to bed so there are no interruptions. Be honest with each other and listen. Use that time to discuss problem areas and possible solutions. Don’t waste it on playing the blame game.
via Preserve Your Marriage by Making 5 Smart Money Decisions – Christian Relationships, Marriage, Husband & Wife.