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3 Ways To Take Money Out Of Your Relationship’s Arguments

5 min read
3 Ways To Take Money Out Of Your Relationship’s Arguments

The issue most couples fight about is money!

In fact for couples, money matters are rated among the most common reasons why couples get into fights, alongside household chores.  It is also the main reason most couples divorce!

We can’t do anything about solving your problem with keeping your house clean, but we can give you some tips to stop fighting about money with your partner. In fact, we’re going to give you three tips that we have used to help us stop fighting with our significant others about money. We hope they help you too.

3 Ways To Take Money Out Of Your Relationship's Arguments

1. Talk Honestly With Each Other

Talking openly and honestly with your partner is always a good idea, but when it comes to financial matters strong, flowing lines of communication make such a difference. Money is one of those topics that won’t just ‘sort itself out’ if left to its own devices. You actually need to put in the time to make sure that you and your partner have the same ideas about money, the same habits, and the same dedication.

So, when you decide to become a financially connected pair, either through a joint asset, joint bank account or joint income, take some time to talk to them. You should know what their spending priorities are, and what kind of financial goals they have for the future. Spending priorities might include whether they’re saving for a large house or just a unit, whether they like to buy new or used and so on.

Couple fighting | Stay at Home Mum.com.au

It’s important to be honest when you’re talking about your spending habits, as dishonesty breeds distrust. It’s also worth noting that in a discussion of spending habits there are no right or wrong answers, just differences in preference, which is to be expected when two individuals come tighter. It’s not about one person having the ideal way of doing things, rather it’s about finding a balance between your different financial styles.

2. Be A Financial Team

When you start talking about your financial goals you’ll probably enter a discussion about goals that you have as a couple. These kinds of goals are great, and having a financial game plan is a really smart idea for couples who are living together, starting (or already started) a family and so on. Think of you and your partner as the players on the team, and your budget, long-term and short-term, is your game play.

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Okay, so what’s the best way to figure out your game plan? Well basically you just need to figure out how much money you have (ahead of time) and how much money you need to cover all of your expenses. Then you need to start allocating money towards financial goals. You can certainly have independent financial goals if your budget involves each person taking some money, but the best financial goals are the ones you work on together.

Being a co-operative financial force means that you don’t have those arguments about who forgot to pay a bill, or who splurged on something right before the rent or mortgage was due. When both people are involved there’s a sense of being ‘in it together’ which means both people feel the responsibility and the motivation to work for the outcome. Remember, financial goals could be as simple as saving a small amount every week, just in case. Or they could be putting money aside to repay your house, get a new car, take a holiday and so on. Whatever you choose, do it together, and then work like hell!

3. Balance The Individual With The Couple 

So you’ve taken the time to discuss your financial habits, and you’ve put together a co-operative game plan so that you can work together as a team. What comes next? Well the next aspect of making sure that you remove money from arguments is to balance your individual spending needs with the needs of you as a team. How many times have you had an argument with your significant other over a ridiculous sum of money they spent on a gadget, luxury or unnecessary item? If it’s happened before, let’s stop it from happening again.

Balancing the individual with the couple is important because as an adult it’s important to have financial independence, and it sucks to have to justify every dollar that you spend. In fact, this kind of justification leads to more stress and arguments, most of the time. So, you need to reach a compromise in your relationship that allows each party a financial independence, without jeopardising what you’re working for. Most people believe the best way to do this is to give each person a ‘fun money’ allowance.
workable solutions for couples when fighting about money | Stay at Home Mum.com.au

A ‘fun money’ allowance is money that is paid into individual accounts from the joint fund after expenses and other essentials have been taken care of. This amount might be really small if you’re on a tight budget, or a bit bigger if you have some room to move, but it’s for each person to spend on whatever they want, no justification required. They can choose to hoard it and save it, or they can spend it as it comes.

But having that opportunity to spend guilt free is just what some people need. And no, the person who earns more doesn’t get the bigger fund. You’re a team, and a team is about equality.

How do you stop money arguments in your relationship?

About Author

Oceana Setaysha

Senior Writer A passionate writer since her early school days, Oceana has graduated from writing nonsense stories to crafting engaging content for...Read Morean online audience. She enjoys the flexibility to write about topics from lifestyle, to travel, to family. Although not currently fulfilling the job of parent, her eight nieces and nephews keep her, and her reluctant partner, practiced and on their toes. Oceana holds a Bachelor of Arts with a major in Writing and Indonesian, and has used her interest in languages to create a career online. She's also the resident blonde at BarefootBeachBlonde.com, where she shares her, slightly dented, wisdom on photography, relationships, travel, and the quirks of a creative lifestyle. Read Less

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