Wednesday, September 09, 2009
Couples and Money: Achieving Financial Harmony Amidst Differing Money Attitudes
Experts say that, in a relationship, opposite money personalities actually can complement each other: Savers keep spenders out of the poor house while spenders encourage savers to enjoy the fruits of their labors now and then. Getting to that point--where both money personalities contribute to a balanced approach to the family finances--requires compromise and communication.
A willingness to accept your partner's money personality is a start, but you have to take action if you really want to achieve financial harmony. Here are some things counselors say couples should do to reduce conflict and to reach their financial goals.
To read the complete Home & Family Finance article, click here.