Communication on money issues in marriage is a key factor in avoiding unexpected conflict and disagreements within a relationship.
Research has shown that couples reported money as one of the main source of conflict in their relationships.
It is important to talk about : household spending , Investments, recreation spending and your personal spending habits during pre-marital counseling as having different beliefs system about money can be crucial in a marriage. Consider that there maybe a partner who has more interest in decorating the home while another partner feels it is un-necessary spending . This sometimes can cause power struggle within the marriage . For money issues to manage well , here are a few suggestions:
- Talk about your spending belief system
- Plan how you would like to open accounts whether one account or two
- Talk about who is responsible for household items such as furniture and decorations
- Talk about how rent , mortgage , and other bills will be manage
- Plan a budget for the different items
- Talk about savings, investment, tithing and helping others whenever you can
- Remember couples have their own individual preferences and personal spending must be take into consideration