If one spouse is a “saver” and another a “spender,” agree on certain financial goals while at the same time setting an allowance for each partner to spend on whatever they choose. If one partner is domineering when it comes to money, now is the time to discuss it openly before it leads to problems later. Does a partner resent having to check in before making a purchase? Consider setting up an “ours”, “me”, and “me” account. One major bank account is used for all the major expenses while each partner has a separate smaller account for personal spending. Alternatively, a couple can agree to discuss with each other only those potential purchases that exceed a certain dollar amount. By communicating and laying the ground rule, you’ll keep financial deception from driving a wedge in your relationship.
Posted on: Wed, 12 Mar 2014 16:39:32 +0000