Marriage

Ten Financial Matters I Wish I Had Discussed With My Wife Before We Got Married

I adore my wife – she’s a wonderful woman and a wonderful mother. We go together like two peas in a pod on most things, except for money (and cats, but that’s entirely off topic). We’re both frugal, but she’s never been into any sort of financial planning at all, and this has led to …

Categories: Marriage

Marriage and Mortgage: A Reader Wants To Know

A reader wrote in recently asking whether or not wedding bells should be in his future. What do you think? My fiance and I are considering marriage. However, it seems like financially, marriage is a mistake. We both work full time and it seems like a greater proportion of our incomes would now go into …

Categories: Housing, Marriage

Separating The “Wants” From The “Needs”

My wife and I have a monthly financial review meeting where we sit down with all of our bills, credit card statements, and so forth. We go through everything together, item by item, and try to figure out where we can trim our spending. Most of the time, we’re in pretty clear agreement on things, …

We Share A Joint Account… But I Don’t Trust My Partner’s Spending Habits

Marriage and finances can at times be a difficult mix. Each person has distinctly different experiences with money, and each person may have completely different philosophies on how that money should be spent. This often creates marital troubles, but these troubles usually boil down to a lack of communication at some point along the line. …

Categories: Communication, Marriage

The Frugal Wedding Registry: Wedding Gift Ideas To Help Put That Special Couple On A Sound Financial Path

When we got married, we received a ton of gifts from family members of all kinds, ranging from towels to a weird statue of a hobbit to a knife set to towels to a handmade quilt to towels. Needless to say, we still have plenty of towels. Today, though, there are only a few that …

Categories: Gifts, Marriage

Love, Marriage, and Money: Should a Couple Combine Their Finances?

My wife and I have been married for nearly four years, and we dated for six years before that, so it came as a surprise to some other couples this weekend that we do not combine our finances together. Instead, we each maintain responsibility for a specific set of our shared bills and our savings …

Twenty Free Ways To Please Your Lover (In A Family Friendly Way)

Many people file away romance as something that really only needs to happen around Valentine’s Day or an anniversary, or identify it with something expensive, like a dinner at a classy restaurant. The truth is that you can put a smile on your significant other’s face almost any time – and it doesn’t cost a …

Categories: Frugality, Marriage

Six Ways To Follow Up That Big Financial Talk With Your Spouse

Recently, I discussed how to break the ice and have a financial discussion with your spouse and an astute reader made a very good point afterwards during an IM conversation: after such an intense discussion, it might be appropriate to do something romantic – with a frugal attitude in mind. With that idea in mind, …

Categories: Marriage

Afraid To Talk About Money With Your Spouse? Ten Tips For “The Talk”

For the longest time, my biggest obstacle to financial success was simply discussing matters with my wife. Money was the most uncomfortable subject between the two of us – every time we discussed it, even with the best intentions, one of us wound up very upset. So, for years it was a complete taboo topic …

Categories: Communication, Marriage

Handling Small Cash Gifts

Recently, the subject of cash gifts came up between my wife and I. Her grandparents both give us moderately sized cash gifts each year (between $50 and $1000, to give a range) as a Christmas gift. In years past, we have almost immediately spent these gifts on some sort of material item, often contributing some …

Categories: Family, Gifts, Marriage

The Road to Financial Armageddon #7: Here Comes Baby

Yesterday, I talked about the period in my life where my wife and I spent money like it was going out of style in order to obtain a “yuppie” lifestyle. Then, that magic moment happened: we took a home pregnancy test and discovered that a little one was on the way. I can remember that …

The Road To Financial Armageddon #5: Love and Marriage

Yesterday, we learned about my immature behavior in handling a large steady income. I was starting to sink further into debt without really acquiring any assets, and I was building up a lifestyle based around extremely poor spending decisions. Yet, I was about to embark on a path that would make matters much worse. I …