Tips Beyond the Broom: Communicating about Finances

Most married couples that I have worked with admitted to lying to their spouse about money at some point in their relationship.  A lie as simple as spending on an item that both were not aware of can quickly cause money woes; sending the marriage in a downward spiral.  

In reality, we all know that one of the main reasons couples fight and relationships tend to suffer, is poor financial agreement and planning. So, here is a clear financial tip, discuss and agree upon some financial ground rules, hopefully before you jump the broom.

Things to remember:

• Don’t worry if you and your partner don’t have the exact same philosophy on money. This actually could be seen as a good thing; it can help balance the rigid and structure the flexible. 
• The sooner you address financial issues the better. So take time to communicate who exactly will pay the bills, how much unrestricted spending is reasonable, and how you’re going to keep track of it all.
• Don’t underestimate the power of a budget and a plan.