Save An Argument , Agree On Major Purchases

One area of contention that is constituent in any marriage or relationship is the subject of money. A large majority of martial problems begin and end over money. Spending and overspending are the usual suspects. No one like to be surprised with a new something or other that they did not expect. So how do you overcome the issue of buying or spending money when you have a financial partner? Accountability and commitment.

Accountability usually scares people away and the truth is it probably scared some people away from this article. Commitment may be even worse. Success in personal finance with your partner requires both.

It takes commitment to each other to mange your finances in a way that insures you have more money than bills at the end of the month. It also takes a measure of accountability.

How? I thought you would never ask. My wife and I have an agreement. We are both allowed freedom to spend money for day-to-day items. However if we want to spend say 100 bucks for a new dress or $ 200.00 for a new accessory for the car, we have to agree.

Simply put the conversation goes something like this . Hey sweety I want to spend $ 100 on this dress I saw at the mall. It is on sale, is that ok?  I reply, No baby I don’t think that is a good idea this month. A Yes and a No = a No. Get the picture. This system builds accountability and commitment to your finances. Try it , you will really dislike it at first, but it will grow on your and so will your savings account