In marriage, money is the number one reason for argument. If you haven’t argued about it at least once, I commend you… but I don’t believe you.
When J and I married we chose to tackle the topic of money head on. This was not easy and required a lot of tongue biting for me (I mean I just don’t understand why Kate Spade purses aren’t always in the budget?!?) and required a lot of listening for J (he clearly doesn’t understand why I need another bag, period.).
Through discussion, we realized our marital success was dependent on having some serious conversations and creating an action plan. Our plan was created before marriage by doing the following:
We talked openly about our future.
Where do we want to go? What do we want to do? How do we want to get there? Each of these “big idea” conversations led to another and we had to chat about how to merge all of our awesome ideas.
We merged our bank accounts.
In order to have total marital transparency and actively work on our future together, we decided to merge our bank accounts. This wasn’t the original plan but has been great for us. Accountability is important in marriage. A merged bank account helps make this happen.
We enrolled in Dave Ramsey’s Financial Peace University.
We learned a lot during the course and were able to chat about financial topics before they became an issue. Furthermore, for the spender in me and the saver in him, the course gave us the ability to safely share our opinions without fear. Complete Life Changer.
I believe the number one way to avoid financial stress in your marriage is to talk about it. Our solution might not be right for you but without a conversation, you will never know. For us, this plan saved our marriage before it even started.
Do you and your spouse openly talk about money?