Balancing the relationship between love and money can be a challenge for any couple. In fact, money issues are among the three leading causes of divorce according to the Institute for Divorce Financial Analysts. Here are a few tips to help find the sweet spot in managing money as a couple.
– Tackle finances as a pair.
– Dig for the root of the disagreement.
– Avoid the blame game.
– Work toward shared goals.
– Develop spending rules.
Above all else, keep your money values in mind. Many people experience financial stress when their money behavior doesn’t align with their money values. Talk with your partner about the things that are important to you as individuals and as a couple. When your spending behavior syncs with your financial priorities, you’ll know you’ve found the path to financial harmony in your relationship. For a more in-depth look at the tips above, read the full article by OK Money Matters here.