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Older man and woman studying paperwork at a breakfast nook in their kitchen

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.

Man and woman sitting at table looking at papers inside of a home

Financial setbacks come in all shapes and sizes. It can be an expensive household repair, a medical emergency, getting laid off or the birth of a baby. Whatever the situation, it’s impossible to plan for every financial hit you will take in your lifetime.

But don’t fret. If you’re hit with hard times, here are some tips to keep in mind.

Young baby girl crawing in front of mom wearing a white headband and blue dress

The first few days after you bring your baby home is an exciting time that can also be a bit stressful.

Many parents also find the first few months stressful, while others are stressed over their parental commitments a while longer. It’s easy to get caught up in sleepless nights, organic baby food and reading every book you can find, but sometimes parents forget an obvious priority: teaching and helping your child to save money as they grow up.

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