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24 April 2013

How To Handle Money Matters In Marriage

It is good to know what your spouse does with all their money but it is not necessary. Make life easier in your marriage and avoid quarrels by understanding what value your partner puts to money. Financial issues are extremely sensitive in most relationship/marriage more than sexual matters. The secret to avoiding financial conflicts especially for married couples and any other couple staying together is to plan for it well. This is how to do it.

1. Ensure you know how much is needed in a month for your basic living needs and how much you need to save in your joint account monthly.

2. Any other needs or wants that you may need to take care of together should be added.

3. Once you have added all your needs, wants and savings that you need to take care of together, then depending on how much each one of you earns, share the costs, making sure that the one who earns more contributes a higher percentage of the cost.

4. Whatever is left after the cost is shared is for the individual to know how or what to spend on. One should not nag their partner concerning what is left because apart from the normal basic needs, we have our own individual needs that are separate from the general needs, and those should be respected.

5. Allow your partner to be who they want to be or do what they need to do with the rest of their money, and you will definitely have some peace in the house.
Try this short recipe and see how it works wonders in you relationship. It has worked wonders in mine.

 Hesbon Kerongo
The Author

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