What happens when you and your partner have different approaches toward money?
It’s a common scenario.
One partner seemingly knows where every earned dollar goes, while the other is a carefree spirit who thrives on spontaneous decisions and purchases. One partner loves fine dining and thinks nothing of blowing $200 on haute cuisine, while the other is happy with pizza and would rather spend that money on another pair of shoes. And on it goes.
There are so many things to think about when you’re just married, or about to be, and no one would rate finances as the most exciting of them. In fact, studies show that money (not relatives) is the number one reason couples argue. Those financial arguments (again, not relatives) are one of the top predictors of divorce.
So, how can you avoid becoming a statistic? Here are some tips.