This week I decided to address another angle of what became a very hot topic several weeks back, “Marriage and Money.” My initial post discussed the concept of “His Money and Her Money” and boy did you have varied opinions on how to handle that one! Then I dug myself in deeper when I wrote about charitable giving when couples don’t agree. I figure I’m on a roll so this week I’ll see if I can redeem myself a bit by sharing some essentials for marital financial bliss.
When Stacy and I got married I was clueless. Yes, I’m admitting in front of the thousands of people who will read this article that I was clueless about so many things related to marriage and how to be married. It was all new to me and I had to learn. I still learn something new every day and thankfully, Stacy has been gracious enough to learn along with me for all these years. Along the way, I’ve picked up some tricks when it comes to marriage and money that I thought might be of benefit to share. Fortunately, I haven’t made all the mistakes (hey, we’ve only been married for 7.5 years!) but I’ve counseled several couples who just plain didn’t get it and were/are headed for disaster. So what are my five top things husband and wife should agree on when it comes to money? [Read more…]