What do many couples fight about when it comes to money? Most of the time, they have different money personalities, like when one is a saver while the other is a spender, or one is a budget control freak while the other is blissfully indifferent (or, worse, is also a control freak!). Another major...
We are (at least partly) a product of our upbringing. Our attitudes towards money often can be traced back to our childhood. It might sound psycho-babble to blame everything on how our parents brought us up, but there is certainly a little truth in that. For me, some of my values about money have...
Money magazine conducted a survey on money and marriage and found out that 84% of respondents noted that money causes tension in their marriage, and 15% fight about money several times a month. I wouldn’t be surprised if a similar proportion of Filipino couples would say the same thing. So I consider myself blessed...
Keeping money secrets from your spouse is more common than we think. In a widespread survey by TODAY.com and SELF magazine on Financial Infidelity, it turns out that 37 percent of men and 56 percent women have lied to their money about money. Why? More than a third said it’s because they disagree about where...
Have you ever hidden expenses from your spouse? Or at least, were you ever been tempted to do so? If you’re reading this with your spouse, you’ll probably deny it to death! But it wouldn’t be surprising if you have done this, even in the distant past. Do you realize this is one way...
Let’s face it: you will fight over money. Even if you have the same goals, same money personalities, same priorities, same values, and same everything, you will one way or another fight about financial issues. In our case, one of us sometimes forgets to pay the bills on time. The other one, however, is...
Ideally, you should already know if you are financially compatible even before getting married. However, if you’ve been together for some time, it is never too late. We’ve been blessed that we’re financially compatible in general. Sure, we still have our differences, and we occasionally have money arguments. But overall, when it comes to...
Money is the number one cause of divorce. There is at least one study that backs up this claim, which found out that “Couples who reported disagreeing about finance once a week were over 30 percent more likely to get divorced than couples who reported disagreeing about finances a few times a month.” For sure, money...
You can’t separate many of your family decisions from your financial decisions. More often that, your choices for your family has an impact on your finances. If you’re just starting out as family, or even if you’re married for a while, you and your spouse need to make these important decisions. Each of them...
