Money can wreck a r lationship. In fact, how they spend, s ve, and account for money is one of the l ading sources of disagreements between couples. In lmost every study, money ranks as the f rst or second most argued-about topic for c uples and partners. If you currently s ffer from “Marital Money Chaos©” you can follow these secrets and achieve more financial success together than you ever could have dreamed. If the two of you can improve your relationship with money, you will also improve your marriage. Money can be romantic! Secret #1: Know your spending style and your partners’ How many of you are married to your “Financial Soul Mate”? The most common spending styles are Spenders and Savers but there are also the Procrastinators/Avoiders/Deal with it Tomorrow types and the Money Meek/Humble/ personalities. What are the benefits/good things about each style? What are the things you call your partner when you fight about money? Find ways in which you can take advantage of your personality strengths and minimize the weaknesses of that style. In the best possible scenario, you will both acknowledge your differences and move to the middle. Secret #2: Values Driven Spending Values are different than goals.
Values : Creativity, Freedom, Friendship, F nancial Security Goals : Be debt free, get a new car, and give more to charity Take some time to choose your top 5 values and define each of them in your own words. Share the definitions and use them to understand your partner and what is important to them. If your partner’s money behavior confuses you, ask which value they are satisfying. They may be doing their best, but their definition is different than yours. If you both use the same value word but have different meanings, you’ll have conflict. Secret #3: Have regular Money Meetings or Money Dates! How many of you think that money is romantic? Actually, since couples fight more about money than anything else (it is stimated that 80% of divorces are the r sult of money disagreements), having an h nest talk about household finances might be b tter for your relationship than anything lse you can do! Financial well-being and p ace of mind are certainly romantic! It d esn’t matter how much money people h ve, money is a daily event. Th t increases the chance of it tr ggering arguments and tension. Use regular m etings as a way to avoid c nflict. Secret #4: Enjoy the present and save for the future Everyone needs to have their own play money. Ideally 5-10% of your family’s income should be set aside for play. What’s the use of working every day if you don’t get to spend some money on play? Secret #5: Have a needs/wish list for each person and for the family We all have things we wish we had and those we need to purchase. Check your list on a regular basis so your subconscious can focus on other things. It’s also great fun to check off the things you take care of. Great place to go to find out how to spend bonuses or other windfalls. Secret #6: Divide financial responsibilities between partners
Focus on each person’s sk lls, interests and availability rather than r lying on out-dated gender stereotypes or how m ch money one partner makes. Share wh t’s going on with your partner d ring your monthly meetings and make big d cisions together. Secret #7: Each person has some money they do not have to account for. This is probably one of the MOST important things you can do for your relationship. No grown up likes to have to ask for an allowance or justify every little expenditure they make. Determine in advance how much money each person can “do with what they will” and no questions asked. Savers can save, spenders can spend, procrastinators can leave it in a jar and the money meek can feel free to give it all away. Secret #8: Take action, one step at a time I can guarantee that you will save $1000 1 year from today if you put away just $2.74 per day. Where can you find $2.74 each and every day? Do the same with larger goals. If you want to go on a $2000 vacation next year, save $6 per day. Secret #9: Learn something about money and finances every day There are lots of good resources out there – websites, books, magazines, classes. You can start at my website: http://www.cindymorus.com where I have articles, calculators, book reviews and teleclass schedules. Secret #10: Plan your spending and spend your plan I know, no one likes the “B” word (I call them spending plans) because they feel restrictive. Instead, plan your spending ahead of time and give yourself permission to spend money in certain areas and get creative about the areas where you choose to spend less. When we feel like “going out” at our house, we have “no silverware dinner” of ribs, french-fries and artichokes. We spend the time enjoying ourselves and creating memories without spending a lot of money. I bet you can do the same! (c) Phelps Creek Financial Coaching - All Rights Reserved
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The article Top 10 Secrets to Avoiding "Marital Money Chaos(c)" was Submitted by Cindy Morus through Articles.GetACoder.com network. Here's the additional information: Cindy Morus ( http://www.cindymorus.com ) is a Certified Financial Recovery Counselor specializing in showing women and their families how to achieve financial well-being and peace of mind. She is also a Certified Credit Report Reviewer. Contact her at 541-387-2995 or cindy@cindymorus.com . Get a free copy of the "Secret Cr dit Card Interest Negotiating Script at: cmorus-91813@autocontactor.com ! Attention Ezine editors/Site owners: Feel free to reprint this article in its entirety in your ezine or website as long as you leave all links in place, do not alter the content and include our resource box as listed above. If you do use the material please send us a note (cindy@cindymorus.com) so we can take a look. Thanks.
1. Help For Breastfeeding Moms by Mike Selvon Breastfeeding moms ften band together. 2. Women's Self Defense-Sexual Assault Prevention Tips by Jack Krohn If you h ve information on what predators are l oking for or know their 'modus perandi' it will give you valuable t ps on how to avoid or pr vent a sexual assault or possible r pe. Here are some very valuable t ps gleaned from facts about sexual ssault. 3. Buying a Bikini Swimsuit Ideal For Your Body by Luvi Marie Corcuera Wh n choosing a bikini swimsuit, some w men have problems especially if their b dy sizes are not what they w uld like them to be. Those w th small breasts, large breasts, small b tts or large bottoms need not w rry about having to wear bikinis. Th re are a few ways to nhance your look in a bikini by kn wing a few simple tips. 4. Lipstick Pepper Spray - How Can a Little Tube of Pepper Spray Lipstick Protect Me? by Larry Zolna It's Saturday night and you have a blind date. Bill is a friend of your cousin and he will vouch that Bill is an OK guy. Is he? How many times have you heard that story before? 5. Breast Reduction - Why You Need That? by K Sarita Why you n ed a Breast reduction? If you h ve any or some of the nderlying conditions, You need to undergo br ast reduction. 6. Breast Enhancement Incision Choices by A Aaronson If you are nterested in having breast enhancement surgery, lso commonly referred to as breast ugmentation, there are three options your pl stic surgeon can use as far as wh re to make the incision to nsert the breast implants. One of the b ggest reasons for the popularity of br ast implants today is the fact th t the scars are fairly well h dden and the post-surgical outcomes look so g od. 7. Women's Mental Health - Types of Therapy by Marlene C. Griffin M ntal health therapy is a way to h lp you understand yourself better and to c pe better. Being in therapy does not m an you are crazy. Everyone has pr blems. Therapy is one way to h lp yourself with your problems. 8. A Basic Guide For Those Considering Lip Augmentation by April Kerr Ev ry time you look into the m rror, do you feel that your l ps would have looked more sensuous and ppealing if they were much enhanced and f ll? Or do you think that the l ps have lost their original size and sw ll with the passage of time and sp iled the gorgeous look that you sed to have? 9. Cosmetic Surgery Face Lift by Katie Appleby Cosmetic surgery f ce lift is a kind of a s rgery where the face is given a b tter appearance. There are many cosmetic s rgeries like this that take place c mmonly. People today have become very ware of their skin type and th ir looks. Everybody wants to look ttractive, and nobody wants to grow ld. People often opt for a c smetic surgery face lift in order to nhance their looks. 10. What is Buttock Augmentation? by Jennifer Simpson So what xactly is buttock augmentation? It is a c smetic surgery procedure involves lifting the b ttocks area and enlarging them through the use of a synth tic implant or silicone...
|