Entries RSSMONEY MATTERS
Its very common practice prevailing in every family, every relationship you accept it or not. On asking a common lady she dimples back and says “no, fighting over money –such an ugly thing isn’t it? ‘ your money, my money’ is something that the neighbors do. It happens to others. Not to us. Not really.”
Of course, most things being equal-the same level of education, income, ‘wavelength’-the fight over money, or how to spend it, is quite rough tackle these days. How can you tell the other off or keep a tight hold on the purse strings when each of you carries a wallet and the money that isn’t in it? Here is how you can set some ground rules and break them when need be without sounding the other out on responsibility not caring enough. There is no need to make it sound as if you all are ending up at cleaners.
Hold the key
1. Don’t be hands off. This is taking the fight over money to an opposite extreme. Be involved and keep track of your own accounts. Both spouses need to be responsible for the household budget-if you actually have such a thing.
2. No blame game- do not blame each other for any past financial problem.
3. Do not ring up your parents or friends and ask them to take sides in this.
4. Discuss all major purchases with each other before going through with it and take into consideration how your partner feels.
Power games
Do not play power games in a relationship. The boundary and hierarchical differences between men and women lead to clashes and money decision making.
Talking sense
1. Share your old hurts, resentments and fears about money. Mention your concern and fears about your partners spending.
2. There is no need to divulge your pin or password. While you may trust your partner absolutely, there are certain things that you must keep absolutely confidential and this is one of them. We can’t like for granted that a relationship will last forever.
3. When such an unfortunate split happens, it has been noted that some partners do misuse the trust placed in them.
Over 60% of arguments that couples have are related to money matters .Divulging accounts starts, Pins and passwords can sometimes result in unnecessary fiction between couples. So it is best to sort out financial matters at the beginning of a serious relationship and if you are earning and spending your own money, there is no real need to divulge the amount that you spend apart from your purchase the amount you decide to invest or save.
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