7 Ways On How To Manage Money In Marriage
For most marriages, if they don’t get it right with money, their marriage never works.
Here’s how to manage money in marriage
Sources of Money Problems in Marriage.
1/ Not talking about money
Money talks are one of the most difficult for partners.
For many, the topic goes without mention in dating.
In most cases, money talks only happen when the disagreements have intensified.
2/ A Mismatch of Money Mindsets
A Saver and a Spendthrift will have a hard time when making financial decisions together.
A financial illiterate partner will not understand the importance of saving, cutting down on expenses and planning for retirement.
3/ Dishonesty
This starts before marriage where partners do not disclose the assets and liabilities they are bringing into marriage.
Dishonesty about money issues quickly impairs the trust created in marriage.
4/ Money isn’t the problem
Most matters concerning money in a relationship are not about money at all.
Partners tend to express their anger or unhappiness with other issues in the marriage by faking money issues. Read More…