Marriage and Money | How to Combine Your Finances After The Wedding (And Stay Happily Married!)
It’s no secret that money is one of the most common reasons that marriages fail. It’s painful to watch relationships dissolve over finances and the impact on children is even more heartbreaking.
It’s easy to understand why this problem is so pervasive, especially in the United States: conflict resolution and financial literacy are rarely part of elementary, middle or high school curricula. Consequently, when individuals with limited conflict resolution skills and limited financial management skills form unions, problems often follow shortly thereafter.
It doesn’t have to be this way: the solution is a disciplined, repeatable process that will serve as the foundation for how couples work together to manage household and even business finances.
Here are 7 tips you can use right away:
Make A Commitment To Work Together.
When you commit to work together, it’s expected that you will behave with transparency, respect, honor, and integrity at all times. Take care to listen, for as long as necessary, so your mate feels heard and respected whether you agree or not. Commitment also sets the table for compromise, which goes a long way toward a successful relationship.
