Money is one of the most contradictory inventions of mankind. They are one of the main causes of divorces and quarrels. For many couples with common interests and similar values, this is the only stumbling block. Financial consultant Andy Braken gives ten tips on how to send financial relations with a partner in a peaceful direction.
Discuss the risks. Men are traditionally more prone to risky investments that promise great benefits: for example, they often play on the exchange. Women, as a rule, are more practical than their partners, they prefer safe investments – they are calmer to open an account with a bank. Before discussing the specific possibilities of investing money, find a compromise on the security issue.
Once and for all develop a common position regarding children’s education. Constant disputes about whether children will study in a private or state school, and even more so, the transfer of heirs from one school to another is too much a load for the nervous system and for the budget.
Make a habit of opening letters on the day you received them, and discuss all partner accounts. Unpassed envelopes can lead to a fine, judicial claims and, as a result, to quarrels.
Determine the monthly amount that each https://agenciapav.com.br/2023/06/23/realnyj-obzor-dragon-money-strategija-taktika/ of you can spend as it considers necessary. In the best version, you may have general bills to pay for the main expenses and savings and debit cards for “pocket” money.
Keep records of financial revenues and expenses. Following this advice helps to avoid most financial conflicts – you cannot argue with mathematics! However, most of the pairs stubbornly do not want to take control of expenses, and it is especially difficult for men.
The best way to understand whether you can afford certain expenses is to analyze monthly expenses, determine which of them are mandatory, and calculate the balance that you can freely dispose of.
Be disciplined. If you tend to spend more money than you can afford, get an “inviolable” account where the amount necessary to pay for taxes, utilities, insurance ..
What if one of you wants to live now, and pay later, and the other is sure that he needs a “financial pillow”?
Clearly designate your ambitions before you start living together. Perhaps it will seem to you to talk about money at the beginning of life, but before discussing the number of future children and a mortgage, tell your partner about your life priorities.
Which is more important for you: to patch the current roof in the country or buy a new car? Are you ready to travel on credit? What if one of you considers it normal to live now, and to pay later, and the other is sure that he needs a “financial pillow”?
Talk about your retirement plans in advance. Often, couples, who previously peacefully resolved financial issues, are starting a real war in retirement. Before they spent not so much time together, but now they are forced to see each other almost around the clock.
Suddenly it turns out that one partner wants to actively spend: traveling, going to restaurants, a pool and a fitness club, and the other is inclined to lay off for a rainy day and spend all his free time before the TV.
Structure your duty. If life is so that you owe a significant amount, the worst that you can do is run from creditors. Interest on debt will increase, and your property may arrest. Deal with the problem as soon as possible: discuss with the creditor the opportunity to structure the debt or extinguish it at the expense of existing assets. Sometimes you should contact a financial consultant.
Talk to each other. Regular talk about money-for example, once a week-will help to clarify current financial issues and will become an effective prevention of quarrels due to money.