Couples and Money

Money can be one of the most important factor in any relationships. There is also a saying that money is the cause of all evils.These money woes can lead to divorce to marriage couples. Couples must learn to solve their money problems and not pretend that the situation would turn for better. There are always solutions and ways and work it out among both of you. Have open and frank communication and meeting between both of you about your wants and needs.

Money talks
Begin to have regular money talks. Whether you had been married 30 years or are just starting to plan on moving in together, the first money talk you have should be when you are not stressed and are both fairly relaxed. Sit down with your partner and share what money was like in your family growing up, what money messages you may have inherited and what your money personality may be, Also share money secrets,including any debt or student loans you may have.

Never merge all your money.
This is especially important for women in order to retain a sense of self image. Women who tend to over-give and over-merge and tend to lose themselves in relationships. They need to safeguard themselves so as to have a healthy sense of belonging and self confident.

Work out a system for joint expenses.
Each partner is recommended to make their own list of what they think should be joint expenses, joint savings, joint emergency funds, etc. Then, merge the lists, make contributions to the joint accounts proportional to your income, and keep the rest separate. Always have some merged money and some separate money.

Know when to seek outside help.
Look to an expert when you cannot talk to your partner about money, if you are losing sleep over it or when you start hiding things from your partner. Couples will feel distress and hopeless which will eventually lead to divorce.

Consider a prenuptial agreement.
Try to draw up an agreement about finances before marriage. However,there is no standard rule that can suits both of you. At least, there will not be any objections or any unwanted argument later on. No harm, so what not.. it is better safe than sorry later.