Knowing your co-spender


Knowing your co-Spender
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	It's common to find couples with different and even conflicting, attitudes towards spending money. One partner agonizes over purchases, the other buys impulsively.


Shared relationship Shared assets Shared right to know $'s	When a couple are in a relationship and have a shared stake in their assets, then as partners they have a right to comment on how the other spends their money.
Talk to your Partner..... and be Open & Honest	Regularly talk about your values and goals to understand and appreciate each others spending habits. Talk and agree on a plan, savings, bills, living etc. "What are we working for?" "What do we care most about?" "Are we using our money to follow our dreams?" Discuss exactly what accounts you will have, and why, like he, she, us, joint or special purpose accounts.
Appreciate the differences.	By talking, if needed, compromises can be developed. Couples can learn to grow together in their spending styles. and can balance one another's excesses. Two big spenders can spell financial ruin, Two tightwads can mean a sterile, miserly existence!


What is it and click on to find it ...	Short summary ...	Score board
Couples and Money	Realistic good points about couples & money.	7/10
Shopping addictions	Guidelines from Relationships Australia	7/10

Other useful stuff ....

It's good to make your financial decisions together,
It's part of life and your relationship.

Whether you and your spouse are both savers, or spenders,
or even one of each, both should be involved in the financial planning of your family.

Money can be used to have power over the other person.
This is not right or good. Don't fall into the trap of assuming
the person who makes more money should have more say
in how it is spent!

Remember, you are both part of a Team,
so keep the talking happening!


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