Marriage is a partnership that touches every aspects of live inclu
inances which is one of the major causes of disagreement in marriage that couples only broached on instead of discussing and deliberating on it in details.
What are your money values? Are both of you at par? Do you think you should save while your spouse thinks you should spend? Are you the frugal type while your spouse is the splurging type? Is your spouse the liberal type while you are the one that feel that money is so sacrosanct to be parted with? You have to reconcile these and reach a compromise to avoid quarrels over money matters.
Do you dread taking the risk of investing while your spouse thinks it is a risk worth taking? The both of you should think about it and deliberate on it so that you don’t feel your spouse is the cause of the loss when investment goes bad or he or she feel you denied him or her the opportunity of making profit when others are benefiting from similar investment.
How do you plan on financing the home? Should it be on the basis of 50:50? Should the higher earner contribute more or the husband contributes more? This should decided by both of you to avoid money clashes.
How do you offer financial assistance to others? Do you feel you should do it behind your spouse because you think he or she will stop you? It is advisable that your spouses is in the picture and make it a common decision for proper planning. Discuss and do it together so that you don’t get stranded when you discover a pressing need that demands money in the family and also to avoid the awkward moment when your beneficiary thanks you spouse for the kind gesture when he or she is not in the know.
