Well, let’s hope it doesn’t get to that point, but many marriages end due to financial difficulties. This includes being strapped for cash or being in debt, but those aren’t the only money problems that can hurt a marriage. Not communicating about money, having drastically different spending habits, and not seeing eye-to-eye on how money should be spent or saved, can also cause a variety of problems in a marriage.
With Valentine’s Day just around the corner, it’s a good time to consider your relationship as it relates to money. If you are about to get married, the following articles will give you a good idea of how to start off on the right foot. Even if you have been married for years, it’s a good idea to revisit many of these topics on a regular basis to ensure that you and your significant other stay on the same page when it comes to your finances.
Check out this guest post over on Monster Piggy Bank to learn about financial matters you should consider before marriage. The author recently celebrated her 10th wedding anniversary, so you know that she has some insight on the matter.
Did you get married recently? Here are some financial matters that you should take care of as soon as possible. This article includes practical tips, like notifying the IRS, as well as some tips on how to have a healthy money relationship.
At Money Saving Mom you can find out how a budget can be a healthy part of your marriage.
Do you have joint accounts with your spouse or do you expect that you will get them when you get married? This is a common expectation of marriage, but some people prefer and actually benefit from having separate accounts. If this sounds like you, you might want to take a look at this article over on Wealth Pilgrim. Neal takes readers through the ways to make separate accounts work.
Having money trouble at home? You can find five tips to help your money relationship over at Moneyning.
Finally, take a look at these 101 tips on how to improve your money relationship. Even if you aren’t religious, many of these tips are useful pointers that can help improve your money relationship and your relationship in general.
What do you think is the best policy when it comes to managing money in a relationship?