Last month, The National Foundation for Credit Counseling (NFCC) conducted an online poll which revealed that twenty-four percent of more than 1,400 respondents would not tell their spouse if he/she were experiencing financial difficulties. Reasons given for withholding this information included the fear that it would cause the spouse to worry (nine percent), that the [...]
Tag Archives | Marriage and Money
Marriage and Money: How to Involve Your Spouse in Financial Decisions
Keeping your spouse involved in the management of finances and financial decisions can be a tough thing to do. In most situations, there is a nerd (as Dave Ramsey often puts it) in the family who likes doing the numbers stuff. The nerd pays the bills, manages the spending or cash flow, looks for great [...]
Are You Leaving an Inheritance for Your Children?
Isn’t it interesting how life’s bigger events seem to get people more serious about their finances such as leaving an inheritance for your children? I know when my wife became pregnant with our daughter; all sorts of questions were raised. Will you stay home with the baby or continue working? How do we pay off [...]
Divorce and Money: 5 Practical Tips to Avoid a Divorce over Money Issues
Did you realize that out of the top five reasons for divorce which are financial issues, communication problems, abuse, infidelity, and sexual problems, money is the number one reason given for divorce? Why is that? I believe it has to do with two main facts. One, money is something we have to deal with every [...]
Talk to Your Spouse About Money | Helpful Guidelines
Communication is key when it comes to finances. Lack of communication only causes frustration, distrust, and messy finances, but it is one topic couples will often avoid. Why? Often times it is caused by fear. Yet, without communication, it only causes more pain. As Larry Burkett, my favorite financial author and Christian teacher, says, “Money is [...]
Frugal Wedding Budget Review (Part 2)
This is part 2 of my frugal wedding budget review. In August, I wrote about how to plan a frugal wedding. Last time I wrote about my own wedding budget. We discussed costs for dress, tux, photo, video, invitations, programs, decorations, and flowers. If you missed part 1, be sure to check that out. Here [...]
Frugal Wedding Budget Review (Part 1)
Frugal doesn’t mean cheap! A couple months ago I wrote about how to plan a frugal wedding. What I didn’t share at the time was that I was in the midst of planning my own frugal wedding. Now that I’m a DINK (dual income, no kids) and have had a little time to breathe and [...]
What are the Leading Causes of Money Issues in Marriage?
What are the leading causes of money issues in marriage? In a sermon my paster referred to the leading causes of money issues in marriage as money minefields. If not dealt with (or defused) they will lead to problems in marriage and much of the time divorce. After listening to the message the second time, [...]
How Do You Plan a Frugal Wedding?
This is a post from Lakita Humber who is a staff writer for One Money Design. Seems like an oxymoron, but it is possible to plan a wedding without breaking the bank. Depending on who you ask, the average wedding costs between $20,000 – $30,000! That’s staggering to me, but as I am in the [...]
Ask the Readers: How Do You Establish Financial Union with Your Spouse?
This past week I received an email from a reader asking how he can convince his wife of the importance of their financial union. Please share your thoughts if you have an opinion or similar experience. I pray that my wife and I will arrive at a level of peace and accountability in marriage and [...]