Notes “Money Fights”

Before the Wedding:

  • It is important to know and understand how each of you values money and what the deeper value of money is for you
  • Each person values money differently. For some money and the ability to spend it are a sign of self worth. For others, the ability to regulate how money is spent is a marker of self-discipline and being in control of your life
  • Before committing yourself to a relationship, ask yourself: are you a spender or saver? How do you feel about sharing money with your future spouse?
  • Before the wedding takes place, couples should have a game plan. How will we spend our money? Who will pay for what? Will you have a common account? Should we keep separate accounts?

Communication and Planning are Essential:

  • One of the biggest problems in marriage is fighting over money
  • When there is no financial plan for the family, money problems begin
  • Talk about financial goals, what does a financial well being mean to you? What does a good financial outcome look like? 
  • There is no “your way” or “my way.”  You should focus on jointly establishing “our way” 
  • Set designated time during the week or month where bills are played and one person takes a leadership role and the other person should be informed how finances are being managed

Materialism and Debt:

  • Understand your financial limits. Don’t try to “buy” happiness
  • Having a loving home needs to take priority over a house full of stuff
  • Debt is a sure means to misery. Avoid debt to the best of your ability
  • Some ways to avoid debt are to think about what you really need versus what you want. 
  • Don’t just look at your priorities from a materialistic perspective
  • Will having a certain item or thing really make you happy or can you live without it?
  • Plan to be proactive parents that are committed to building a strong spiritual foundation for yourselves, your children and family


• Video

The High Price of Materialism

• Web

How to Develop a Family Budget 

18 Tips to Simplify Our Spending 


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