Money disagreements are a leading cause of divorce. When couples have different ideas about how to spend, save and prioritize their financial lives, or when they struggle tomunicate about their stresses, hopes and fears about money, the relationship often suffers.
How are you and your partner navigating your financial relationship, as well as your personal relationship? Here are a few ideas to consider as you work to create a happier home and a financially healthier life together.
Whoâs the spender, and whoâs the saver?
When ites to money, itâs often true that âopposites attract.â In fact, âspendthriftsâ tend to marry âtightwadsâ â that is to say, people who often spend more money than they would like tend to marry people who have a hard time allowing themselves to spend according to research from the University of Michigan, University of Pennsylvania and Northwestern University. If your relationship has a simila
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Marie Conklin December - 2 - 2010
Welcome to Quizzle’s Top Money Tips Roundup, where you’ll find this week’s top five most interesting, helpful and unique personal finance articles from around the Web. This week’s edition covers mid-range goals and how to achieve them, credit card balance transfer fees, money lessons for women and an important consumer alert about a shocking marketing tactic of one New York business.
I’ve often read that the surest step you can take to achieve a goal is to write it down and post it somewhere you can see it. Doing this serves as a regular reminder of your goal and plants a seed in your brain to consider ways to achieve it. That’s what I like about this article from The Simple Dollar. It asks you to do this for your five-years-in-the-future-self. While this a
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Marie Conklin October - 7 - 2010
As a parent, one of your jobs is to teach your children how to manage money responsibly. And unfortunately, you won’t get much help from schools. According to a recent review of middle school and high school curriculums, personal finance classes are noticeably absent. This leaves you and you alone to bear the burden of raising a financially fit teenager.
Your teenagers are experiencing a completely different economic environment, world and financial situation now than you did at their age. Sit down with your child and find out what they know about money. You may discover that you have taught them well or you may find that they do not have a realistic view of the financial world. Cover topics they can relate to and what’s happening around them, such as bank failures, the college-job tradeoff, ways they can earn their own money and ways they can save money.
Bank Failures
The past few years have seen record high levels of bank failures, which may leave teenagers feeling as if banks are not a safe place for money. Edu
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Greg Fowler August - 9 - 2010
I love to save money. This week I did some bargain hunting on a few items we needed for the household and I saved quite a bit of money on my purchases. The reason I saved so good coin on my buys was because I had a plan right from the start and never deviated from that plan. I sat down and wrote out what I wanted to do, what I was going to spend or what I could spend and I planned how I was going to go about it. It was document management at it’s finest.
Saving money is all about having set goals and then planning on how you can reach those goals. You can’t just say I am going to try and save money. This is especially true if you have lots of debt to work off. You have to have a plan to get yourself debt free or save money and stick to it. You also have to carefully watch your plan and if it’s not working then revise or adapt until it does work.
