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Tuesday, November 24th, 2009

Thrifty Mommy

How to Defuse a Money Argument

November 10, 2009 by Jennifer Chait  
Filed under financial matters

How to Defuse a Money Argument

Being able to successfully defuse a money argument is an awesome skill for couples to learn. Money is a number one reason why couples break up so the next time you feel the need to get crazy during a money discussion try some other tactics instead that will defuse not enrage the discussion.

Be proactive: If money is ONLY something you discuss when you’ve got a problem, well, that right there is your problem. Couples who are open about their money style and discuss bills and finances when there’s no problem are better equipped to deal when a problem arises. The …read more

Protect your own financial identity

October 9, 2009 by Jennifer Chait  
Filed under finances, financial matters

Protect your own financial identity

Protecting your own financial identity is very important when you partner up for the long haul with another person. At anytime, there could be glitches, curve balls, and other surprises that attack one of you, and the other partner may need credit of their own.

How to deal:
When you become two vs. one, either by means of marriage or just because you’ve been together so long, make sure that even if you’re combining incomes, bills, and credit that each of you keep one or two credit cards or credit accounts in your own name. You should always keep partially solo …read more

Argue less about money

October 5, 2009 by Jennifer Chait  
Filed under family, marriage

Argue less about money

While it’s true that an abysmal economy makes for better divorces, that doesn’t mean you HAVE to break up over money issues. Sadly, many couple do. In fact much research points out that money is the number one reason couple fight and break up. Avoid this by using the following tactics.

Know what’s what before hand: Before leaping into a relationship make sure you discuss money. I know it’s not romantic or always fun, but knowing your couple money mindset before you become a twosome can save you some trouble in the long run.
Split your stash: If you have your own …read more

Avoid breaking up over money issues

April 17, 2009 by Jennifer Chait  
Filed under family, finances, marriage

Avoid breaking up over money issues

Many studies note that financial incompatibility is the number one reason that couple split up. That sucks, because if you know how to deal with money issues, and if you make it a priority in your relationship to discuss money issues, you can avoid this potential problem from the get-go. How can you and your partner happy together, even when money issues pop up?

First of all you should read, Financially Compatible Spouses & Partners – this post covers what you and your partner should discuss money-wise before taking the long-term relationship leap.
Next follow these tips:
Recognize that you and your partner …read more


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