Money is the number one cause of divorce in America. This episode will give you practical tips to set your relationship up for success when talking about finances.
We used to fight for hours when it came to money. He wanted to spend more and I didn’t want to spend anything. As it turns out, there is a happy middle ground. Just like anything in a relationship it takes communication and compromise.
Identify your goals – together
Realize that both of you have great ideas – no one person is right or wrong. Some things might have to be delayed based upon priorities and goals established in step one.
Monthly CFO Meeting – sit down together and create your monthly spending plan
Create a safe word when tensions rise
Each have personal spending accounts
Hold each other accountable – but in love