Monday, October 5, 2009

Money in your Relationship


One thing that can bring a fight on is the topic of money. Usually one person takes control of the finances in a realtionship and the other partner has no clue as to where they stand. This is very dangerous for both partners. You should always have an idea and discuss your finanaces with each other no matter which person you are. Both partners should have access to some amount of money they can spend on their personal likes. Don't call it an allowance just say it is your portion of the household income to spend. Even if the person can't manage money worth a hoot they still need to be in control of some of it. If one of you is very bad a managing money I suggest setting up a special account for the person to use as their spending money. This way your basic budget stays in tact and you don't have to worry about little surprises throughing off the household income. If you want your relationship to stay healthy you need to discuss most of your purchases, going to the store and paying the bills need not be discussed unless you are deciding which ones you can't pay this month. If a partner does something outside the norm to make some money, make sure they get their fair share of the amount. Bottom line is your well bing comes first but everyone need to just blow some money from time to time. Work together on your budget and it will be easier for both of your to stick to. Last thing if you do get in trouble financially don't be afraid to ask for help right now banks and companies are tring as hard as they can to keep the economy from a total break down.

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