Comments on: Couples and Money: Learn How to Stop Fighting Over Your Finances in Marriage

By: supra shoes

supra shoes — Tue, 01 Jun 2010 16:27:18 +0000

Leak woes push BP shares down
Shares in oil giant BP fall by 13% as the company’s “top kill” plan to cap a leaking oil well in the Gulf of Mexico fails.
Supra shoes

By: Supra Skytop

Supra Skytop — Thu, 11 Mar 2010 03:03:15 +0000

Nice work guys!
this is just Amazing!
Thanks

By: brad@northwesternmutual

brad@northwesternmutual — Mon, 22 Feb 2010 23:42:16 +0000

Excellent post, Jeremy, especially your suggestion that husbands and wives should be, at the very least, on the same page. The old saying says “ignorance is bliss,” but most married people can tell you that the adage doesn’t hold true in discussions about the family’s finances. In my opinion, “ignorance is to blame,” and “clarity is bliss.” Research conducted by the company I work with, Northwestern Mutual, showed that people who proactively managed their finances were significantly more likely to say that they were happy, hopeful, optimistic, confident, cheerful and upbeat. Proactive money managers were also less likely to say they’re worried, regretful, conflicted, disappointed and depressed. Here’s a link to the study, if you want to check it out: http://www.sevenfinancialhabits.com. If husbands and wives can work together to take control of their finances, they may be able to strengthen their finances AND their marriages. Best of luck to everyone!

By: The Rat

The Rat — Sun, 21 Feb 2010 05:40:33 +0000

From the news articles and television shows I have seen, it is healthy for a couple to routinely discuss finances together, even if one spouse is more ‘in tune’ or has the tendency to be more active with personal finance matters.

My wife and I initially found it difficult a bit because her interest level was always been a bit lower but now she appreciates the importance of our collective financial matters and she has learned a lot and contributes a lot to our goals and objectives.

Nice post!

By: Sadie

Sadie — Fri, 19 Feb 2010 13:22:13 +0000

Fighting about money? Resolved via separate checking many years ago when we both had written a check on the single account that day!!

Jon: Same here!
As to both being aware of current account status; spouse only wants to know the “bottom line”! Rather frightening situation in spite of fact that I am always telling him this & that to remember. While preparing taxes for accountant, I am working on file identifying “Need to Remember/Know” & stressing all that arrives in the mail and is not immediately familiar to him is not necessarily “Junk Mail”…it might be IMPORTANT!

Fortunately I maintain files on most everything though sometimes there is so much I find myself wondering where is that file, from what account does that electronic deposit or bill need to be paid from which account. And
lastly building hard-copy card file with sign-on’s, passwords, secret questions; all to be available if/when needed with copies to be secured in bank safety deposit box.

By: RJ Weiss

RJ Weiss — Thu, 18 Feb 2010 16:01:18 +0000

The biggest thing for my wife and I is to sit down once a month and just talk about money. It’s so easy to automate everything these days, that it’s so important that both of you know where money is coming in and going out.

We also make sure to set aside any goals for the next month, that we want to work on together. Makes the process a little easier.

By: Credit Girl

Credit Girl — Wed, 17 Feb 2010 20:17:55 +0000

The way I see it- tackle your finances together that way you can solve the problems immediately and directly with each other if there are any spending discrepancies that way you know exactly how your finances are looking instead of being surprised later on. OR, like what Jon has said, if one partner would rather handle all the financial aspects, that’s fine too as long as you keep them in the know from time to time about money.

By: Jon

Jon — Wed, 17 Feb 2010 20:08:45 +0000

My wife has absolutely no interest in the day-to-day aspects of handling our money, so I’ve done it for 27 years. I do try to keep her apprised when I make specific investments, and explain the “why” of each choice, but most of the time she’ll just say, “that sounds good.” I have prepared a list for her of all of the accounts, and how they’re paid, as well as insurance information and other essentials, that she can consult if I were to become disabled or die, but she’s just not a money person. I can’t recall the last time we fought about money.

By: Awareness Home Funding

Awareness Home Funding — Wed, 17 Feb 2010 18:58:45 +0000

There really are no small issues when it comes to money. The more you talk about finances as a couple, the easier it is to manage the daily aspects of money, not to mention to bigger ones.