Financial Compatibility: Money Advice For Couples

By

Money Advice For Couples
Does your honey understand you when it comes to money?

We've probably all heard someone say, "Money is the root of all evil." However, the whole phrase is a little bit more complicated: "The love of money is the root of all evil." If we believe money is the root of all evil, we are all in a lot of trouble because everyone uses money every single day. How could we ever hope to escape evil if that was the case?

You might not feel that money is evil, but it can cause unnecessary problems in your romantic relationship. If you and your partner view financial priorities differently, there is greater cause for tension, frustration or anger about how money is managed in your household. Here's an example to illustrate our point:

Collin's wife is fantastically frugal and a coupon queen. She saves them so much money through her couponing ways, he thinks she is performing some sort of magic. She turns one meal into three, companies practically pay her to buy their products through coupons, and rebates and their stellar credit score saves them thousands each year with their low interest rates. Her financially savvy ways amaze him. But for his birthday, Collin felt like she pulled a skunk out of her hat instead of a rabbit. She used her coupons and thrifty tricks to give Collin a "great bargain" for his special day — not what he had asked for or really wanted. He felt like the act of getting a great deal was more important to her than celebrating his birthday. Keep reading...

More couples advice from YourTango:

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