While it’s true that money can’t buy you love, it’s been known to buy couples plenty of tension.
While most married folks find themselves arguing about money at some point, mounting financial problems have the power to unravel otherwise strong relationships.
Mary Claire Allvine, a certified financial planner and co-author of The Family CFO: The Couple’s Business Plan for Love and Money told SmartMoney Magazine, “People tend to be emotional and reactive about money, not strategic.” As long as we’re being honest completely with ourselves, it’s probably fair to say just about every financial mistake we’ve ever made is attributable to emotions. Gah, stupid feelings.
For many of us, it’s not until we find ourselves facing financial challenges that we give our finances the attention they deserve. In an effort to calm the financial waters, we offer the 7 biggest financial mistakes couples make, along with fiscally sound advice for how to solve them all after the jump!
Who handles the finances in your relationship?
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