Saturday, December 26, 2009

It Takes Two - Money and Marriage


It Takes Two:

90 percent of marriage break-ups are because of money, or the lack thereof. Couples more than ever are stressed because of money. More are closer than ever to bankruptcy. One catastrophic event, illness, surgery, appliance or auto breakdown, and it's curtains.


Many times only one of the partners pays attention to the finances, and makes sacrifices and spending cuts, to accommodate the absence of attention by the other. The other partner is a party planer, meaning they plan the party, they plan for the vacation, and they plan to save money by spending, and spending, and more spending. But all that does is nullify and undermine the positive affects of the other partner. The planning for the party and the finances are important, and both partners must share in the planning.

BIG #1: Both partners MUST participate in the financial plan for the family - PERIOD. Without commitment and involvement from both partners, any plan, every plan, will fail, regardless of how much more money the partner thinks they can make.

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