We have some pretty strict rules around here regarding finances. We aren’t always the best at budgeting and staying on the budget, but we always obey our rules. I wrote about one of our rules and what it can do for a marriage over at Money Saving Mom today.
Here is an excerpt:
We have all heard the statistics reporting that approximately 50% of all marriages end in divorce and that the most common factor/reason stated for ending a marriage is finances. And indeed, the way a couple deals with money is oftentimes a very good indication of the way they deal with one another in a myriad of ways. The communication that exists (or doesn’t exist) regarding money lends itself to general conversations about goals, dreams, needs, and wants important to the health and viability of marriage. So, it goes without saying that having open and honest dealings with finances in your marriage is extremely important.
The best bit of advice I would give to a newly married/engaged couple is to commit to a spending cap on what you are willing to spend without asking one another. <Click here to read more>
If you are stopping by after reading my post at Money Saving Mom, I want to say thank you for clicking over! I hope you will find something to encourage you here! I write about four categories of homemaking: Child Rearing, Nesting, Money, and Devotion. Please take a look around, stay a while, and join the conversation! I would love to hear from you!