I recently read an article that talked about the likelihood of a marriage ending badly because the couple was “financially mismatched” – making it difficult for the couple to achieve goals. I would agree that not being on the same financial page would be a source of great frustration and friction in a marriage. I have also seen what happens when two people have the same philosophy about money and it does not involve saving or spending within your means.
If money matters are the cause of less bliss in your home, consider a little financial CPR…Communicate, Plan and Review.
Bare all – each partner must know how much the other one earns and what they spend their money on. This should be a “blame free” conversation.
All income should go toward all the expenses of the couple. Plan as a couple where the money goes BEFORE you spend it.
You don’t have to be “smarter than an 8th grader” to handle family finances. Instead of one person being in charge of the finances, take turns so everyone knows where the bank accounts stand.