Poor financial communication between husband and wife is common. Talking about money doesn’t always come naturally, but Bethany and Scott Palmer offer tips that can make the process a little easier.
Money & Finances
A practical way to communicate about your finances is to create a “money huddle.” It’s not a budget-planning session; it’s a time to address the emotional side of money.
Money matters are so stressful and so frequent that couples are often tempted to hide the truth about their spending. This is what we call financial infidelity.
You might be able to withstand the loss of the money you put into a risky financial investment, but there’s another factor to consider — marital risk. Can you afford to damage the relationship with your spouse?
Frequently, financial conflicts focus on how each spouse handles money. But most arguments about money really grow out of a failure to understand each other’s needs and to respect each other’s personalities.
Financial stress is one of the leading causes of divorce. Rather than allowing it to divide you and your spouse, consider these tips to help minimize the tension in your home.
Many marriages are blessed with a spouse who is a live-life-to-its-fullest spender, while the other spouse saves each penny. But too often, husbands and wives end up feeling like they’re on opposing teams.
Couples often struggle with their differing money personalities and the destructive attitudes that keep them in debt. Mary Hunt offers insights to help couples find hope.
Changing your financial situation starts with deliberate choices to defeat the destructive attitudes that are keeping you in debt. The way you do that is by consciously replacing destructive thoughts with truthful and beneficial ones.
The biblical concept of stewardship means we are caretakers of what God has given us. He owns everything. So, what does He expect of married couples with regard to managing money?