Posted on
December 21, 2007
at
11:45 am
I am seeing many couples struggling because one of the partners will adhere to a budget, and the other will take all that was saved and then some and go buy a "toy" or blow the money in some other way. How do couples get on the same page with budgeting? Since financial disagreements/problems are listed as one of the major causes of divorce, I think a couple should go to a counselor if one party is continually blowing the budget.
Posted on
December 21, 2007
at
9:10 pm
My thinking must be a bit different. If one partner continually blows the budget, get rid of that partner. Doing nothing simply means it will happen later instead of sooner and that is a guarantee. Who in their right mind wants to always live hand to glove because the other half is constantly spending like a drunk sailor?
Posted on
March 24, 2009
at
2:35 pm
Sometimes, you have to protect your partner from themselves.Get a seperate checking/savings/investment account and refuse them access. Trust is not the same thing as love. You can love a person and still not trust them with the entirety of your income. Get seperate accounts and yes, get the person into counseling. They may have personal internal issues that is causing them to splurge.
Posted on
April 3, 2009
at
3:46 am
Budgeting and financial decisions should be done together. If both couples are aware of the money coming in and going out I think they will be more conscious of their spending and more appreciative. If a partner does spend to much I think that they should either be sat down with and talked about with the budget and finances, or should be given counseling from a professional for it. My fiance and I are agree with our money and understand that we have little. Now when we have more we will want to sit down and budget and understand what we have and need etc...
Posted on
April 3, 2009
at
6:42 am
My fiancee and I are not married yet but I feel like we have our budget pretty well under control. It's a thing of trust. We know that our money belongs to both of us and so we talk to each other before making any big purchases. Most often we talk about the small purchases too. It's all about communication, being open , and being honest.
Posted on
April 3, 2009
at
6:49 am
If someone is blowing the budget.They need to make their partners understand the risk if the money gets over.They should not come in loans and debts.
pinl Rep Points:
1,610
Posted on
April 3, 2009
at
6:49 am
Marriage and budget are two different things but when the concern start increasing due to the spending habits of the partner could lead to problems in married life and consultaion could be of help to some extend if the partner is willing to cooperate but I believe that it will not help much in long run.
5678 Rep Points:
255
Posted on
April 3, 2009
at
7:53 am
Couples helping each other in budgeting will surely overcome any problems and struggling about money matters.
