How to Resolve Marital Money Differences
Part of the Making Marriage Work For Dummies Cheat Sheet
Money is a regular cause of marital problems. Recognize how your attitude about money affects your marriage and use these tips to help resolve your money-dealing differences:
Sit down with your partner and talk about the way each of your families of origin dealt with money.
Talk about the effects that past experiences may be having on your present attitudes about money. Ask yourself and your partner if those current attitudes and behaviors make sense.
Understand each other’s short- and long-term financial goals.
Understand that your different values and ideas about money require constant negotiation.
Respect each other’s values and preferences about spending and saving.
Brainstorm solutions that make you both feel comfortable.
Respect each other’s contribution to the marriage as equal — even if one partner earns most or all of the money.
Make sure you and your partner both have access to a significant portion of the money.
Agree on an amount that each spouse can spend without consulting the other.