Basically, marriages are based on love. Still, the issue of money between two married people cannot be ignored. You should establish the rule at home that money is only secondary and that love reign supreme. Don’t allow money to get in the way of your relationship. Rejoice over sufficient resources, while making the lack of it an occasion for deeper bonding.
- Make full disclosure of your earnings Avoid keeping any money or hidden wealth a secret. Part of a happy marriage is the trust you put in each other. “The secret of being close is to be often. Realize that earning money is good, but earning respect is better.”
- Allocate and stick to a budget Prepare a family budget after thorough discussion of expected income or expenses. Any deviation should be agreed upon first, especially when large purchases are at stake.
- Decide who keeps the purse Whoever is better at financial management should go for it. And, any bank accounts you keep must be a joint account with and/or signatures.
- Talk objectively about finances Conversations about money should be edifying and affirming, rather than “auditing” and faultfinding.
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