Marriage and Money
Everyone knows that money is a prime source of disagreements in marriage, but the Wall Street Journal recently put a number to the issue: 75 percent of married adults in the U.S. quarrel about finances with their spouse. At least that's how many admitted doing so in a recent Journal/Harris Interactive online survey. The most common trigger points? "Irresponsible spending" and "not saving enough."
Matt's View
One of the best ways to minimize financial disagreements is to use a household budget. A budget encourages couples to work together in deciding how to allocate their income. And it can serve as a helpful reminder about mutually decided upon goals should one start dreaming of a time-share or bass boat.
Do you have a budget? If not, download my free Budgeting Quick Start Guide . It's a lot less expensive than a marriage counselor!
This article filed in: Marriage
Managing Money by The Book
- "Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. The rain came down, the streams rose, and the winds blew and beat against that house; yet it did not fall, because it had its foundation on the rock." - Matthew 7:24-25
Recommended Resources
- Money, Purpose, Joy - Discussion Guide
- If you want to take your relationship with money to a whole new level, bring the subject into your small group. It can be scary to open up about money, at least at first. But the "Money, Purpose, Joy Discussion...…Read the rest
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