I’ll never forget the night my husband Earl popped the question.
We were on a business trip and staying at a beautiful hotel in San Francisco. After a whirlwind day, we stood on the hotel balcony overlooking the city, talking about all we’d accomplished together. All of a sudden, Earl got down on one knee, told me how much he loved me, and asked me to be his wife. I immediately said yes. In my excitement, I didn’t realize that Earl proposed without giving me a ring.
Sometimes, conflict with your significant other may seem inevitable, and that includes argument about finances.
When it comes to money matters, however, frequent financial disputes can be toxic for a relationship. Research shows that couples that argue a lot over money issues have greater levels of unhappiness and are more likely to break up.
So how can you avoid economic drama and maintain financial peace with your honey? Here are three rules to avoiding money arguments with your spouse or partner.
A recent study confirmed what many of us already know: money issues can tear a couple apart. In fact, couples who disagreed about finances once a week were more than 30% more likely to get divorced than those who disagreed a couple of times a month. One solution? Common goals.
When you click on external links, you are linking to an alternate website not operated by SchoolsFirst FCU, and SchoolsFirst FCU is not responsible for the content of the alternate website. The fact that there is a link from SchoolsFirst FCU’s email to an alternate website does not constitute endorsement of any product, service, or organization. SchoolsFirst FCU does not represent either you or the website operator if you enter into a transaction. Privacy and security policies may differ from those practiced by SchoolsFirst FCU, and you should review the alternate website’s policies.
Extra Credit provides general information to help improve our Member’s financial lives. Every situation is different, so please contact us for guidance on your specific needs. The advice provided in Extra Credit is not intended to serve as a substitute for speaking to a loan representative, financial advisor, or BALANCE counselor who can help tailor a solution for you.
If you post a comment, we will make every effort to respond or contact you directly. We reserve the right to delete comments that contain personal information, unauthorized content, or are generally inappropriate.