3 Ways To Spend Your Tax Refund As A Couple

By

Tax refund
Couples don't always see eye-to-eye on money matters, so here's how to agree on your tax refund.

3. Compromise. If you are filing jointly, it would be nice to agree jointly.

You and your spouse probably have different ideas about how to use your tax refund. In fact, people will often get married to someone who views money differently than they do, their "money opposite." One spouse wants to pay off debt; the other wants to take a trip. One wants to invest for the future; the other doesn't want to be bothered with money matters. Sound familiar?

We discovered and identified 5 Money Personalities to help couples everywhere understand how they view money differently and begin to communicate positively and effectively about it. We estimate 75 percent of the population is married to a Money Personality opposite of their own. But we've seen thousands of those couples find balance and strength in that polarity when they start to communicate differently and understand one another better.

When your tax refund arrives, it is an opportunity to compromise and make sure all Money Personalities are honored. No one wants their taxes to be any more painful than they already are!

You worked hard for it, so enjoy your tax refund, together! Invest in your relationship, adjust what needs adjusting and agree to compromise on how to spend it.

Scott & Bethany Palmer are regulars on national TV and radio and speak internationally about The 5 Money Personalities™. To learn more about your Money Personality or take the free, scientific quiz to determine yours, visit TheMoneyCouple.com.

This article was originally published at . Reprinted with permission.
Article contributed by

Scott And Bethany Palmer The Money Couple

YourTango Expert Partner

The Money Couple, Scott & Bethany Palmer are authors, regulars on national TV, radio and speak internationally about “Love and Money”. With 40 years of combined financial planning experience they launched The Money Couple and have dedicated their lives to helping couples bring their love and money together. Scott and Bethany enjoy an active lifestyle living in Colorado with their two young sons, Cole and Cade.

Take our FREE Money Personality Quiz

Check for Financial Infidelity with our FREE Money Relationship Index

Sign up to receive the FREE Money Couple Minute!  click here

See our NEW BOOK, The 5 Money Personalities™: Speaking the Same Love and Money Language

Location: Colorado Springs, CO
Credentials: Other
Other Articles/News by Scott and Bethany Palmer The Money Couple:

I Love To Spend Money. So Why Do I Hate Myself When I Do?

By

If you love to spend money, but hate yourself when you do, you are not crazy. Many of us love to shop, buy gifts or conquer a great sale. But afterwards we feel that gnawing in our stomach. That doubt. That guilt. We often get questions from readers about this feeling. For instance, Brooke, a participant at one of our events, told us this story:  I ... Read more

Getting An F In Marriage? 3 Assignments To Help You Pass

By

School may be over for most kids, but for some parents in Oklahoma, it's only beginning. Oklahoma lawmakers signed a bill this month requiring divorcing couples with children under the age of 18 to complete a mandatory educational program. We guess parents are not going to be thrilled about this forced enlightenment and yet compatibility with your ... Read more

Forget Sexual Compatibility – Are You Financially Compatible?

By

In a recent survey, 1,000 single adults ranked financial responsibility higher than physical attractiveness when considering a mate. In fact, women ranked financial responsibility in a long-term partner to be equally essential as sexual compatibility. So how do you find a financially responsible companion? 1. Look For A Willingness To Discuss Money ... Read more

See More

PARTNER POSTS
Latest Expert Videos
Ask The Experts

Have a dating or relationship question?
Visit Ask YourTango and let our experts and community answer.

Most Popular