When it comes to marriage problems, one of the most commonly reported arguments between couples is in regards to finances. Money matters lead to more divorces than nearly anything else today. We live in tough financial times which make more stress for couples who may already be struggling to hang on. The sad truth of the matter is that most couples fight over money because they don’t know how to properly communicate with one another.
Many marriages have financial ups and downs. The key to having a successful marriage lies in how you handle these financial issues. It can be a real test to your marriage when you experience financial troubles. But it doesn’t have to mean the end of your relationship. Hard times can bring you closer together instead of tearing you apart.
Here are some tips for managing marital money matters:
• Open the lines of communication. Even if you have not been talking about money matters before, you can begin doing so now. Find quiet times alone together to talk about the financial situation and what you can do to improve it, if needed.
• Don’t talk money in front of the kids. If you have children in the home, always be sure they are not present when you talk about money matters. Avoid making statements about money problems in front of the children.
• Avoid personal attacks. You got into this together. Whether you both work or one stays home with the kids, you are a team. If one spends more than the other or one is more financially responsible than the other, it doesn’t really matter at this point. Avoid the blame game and work together to solve the problem.
• Check your emotions. When talking money, stick to the facts and leave the emotions in your pocket. This isn’t about how you feel about things but instead is about cold hard facts of math and how to improve your numbers.
• Take turns speaking. While you might feel like you have a lot to say, it’s important to take turns and give your spouse a chance to speak his or her mind as well. Take turns and share the conversation instead of only one party ranting the whole time.
• Create a budget together. Create this budget together and then commit to keeping it together. This will empower you as a couple to find financial success.
You can begin implementing these suggestions to your own marriage today. Whether you have problems with money currently or not, it can help you to grow closer in your relationship and to keep the lines of communication open. This is how you prevent money problems in the future from affecting your marriage.