Want to avoid a fight about money? Money is one of the biggest causes of friction in a relationship. Many couples fight over what belongs to each one, their debts, each other’s spending, or how much money they should give to their children. Very often, these arguments center around control. Many people believe that they are more financially savvy than their partner, who is more to blame for their money difficulties than they are. What is the best solution to avoid a fight about money?
Instead of arguing and fighting about money, sit down together and work out joint goals and financial rules for you and your family.
- Talk about your goals rather than individual spending or saving habits.
- Decide how much money you are prepared to give to your children and stick with your decision.
- Agree to work out all major financial decisions. This episode provides easy tips and advice on how to avoid fighting about money and create firm financial strategy and goals.