Saturday, September 19, 2009

Money!

Talk about Money

It's been estimated that money issues are the driving force in 90% of divorces, but you can live happily after financially speaking, if you work at not letting financial issues come between you and your spouse
Psychologists say that many people will talk about anything, even sex, before they'll talk about their finances. Why is it so difficult for us to talk about money? Perhaps because money symbolizes different things to different people: power, control, security, or love.


Talk at the right time

Don't wait until your spouse has charged up a storm on the credit card or another hot financial issue arises to broach the subject. The goal is to have a calm, relaxed discussion when there's no particular money issue at hand.

An initiative helps to escape obstacles

Volunteer your own feelings about a financial issue and it may encourage your partner to do the same. If your relationship is the first priority, you'll both have to be willing to negotiate. Share your feelings, experiences, and hopes about money. Discuss how other people who you know dealt with money, what it meant to you when you were teen, and how you dealt with it in your childhood or teenager moment.

Understand yourself

Be honest with yourself about how you feel. If you've always been independent, for example, it may be hard for you to be "taken care of" financially. If you have more assets than your partner, you may feel fear about risking your hard-earned money, or resentment if his or her spending habits are not good. You have to be honest with yourself about these feelings in order to be honest with your partner.

Get a help

If you can't seem to talk about finances, seek out a counselor to help you sort through your financial issues. This could be a financial counselor or a therapist or marriage counselor.

Do's and Don'ts for Couples

• Be behind each $ bill
Knowing where your money is going is the first key to financial security, and keeping a budget, which includes tracking your spending, is the only way to really know where your money is going. For more information on budgets that work, THIS HELPS click here

• Make a chat/plan
Come up with spending and savings goals and guidelines, then let your partner manage his or her own spending money. For more information on setting spending and savings goals, this may help

• Designate a Supervisor in the house
One of you is likely to be better at day-to-day management of the household expenses. It's okay to designate this person as the bill payer Supervisor, but the other person should be involved and should know what needs to be done and how to do it.

• Try avoiding Credit Cards
Each of you should agree that , there is no need to hold a credit card , its all depends on how you both can manage to live without credit cards,how both of you can seat and talk , discuss how to avoid credit cards. Credit cards can damage you financially and physical.

AngleTears

No comments:

Post a Comment