Money can be the source of great pleasure or the root of all evil. When two people decide to unite in marriage, there are commonly Cash & marry: 6 mistakes lovers make about $.
Therapist Rhona Raskin says it's always best to talk openly about finances before you tie the knot. Don't pretend that money doesn't mean anything to you. It will only backfire the moment your spouse makes an error in judgment concerning finances.
Another mistake is to let only one of you take charge of the money; it's too much responsibility. Also, Raskin advises acknowledging if you have built-in views regarding cash flow, such as believing that rich people are superior and the poor are second-class citizens.
Next, you must have a financial plan, and make sure it includes discretionary cash. Both partners should have some because, Raskin notes, no adult should have to account for every cent spent. >.
Therapist Rhona Raskin says it's always best to talk openly about finances before you tie the knot. Don't pretend that money doesn't mean anything to you. It will only backfire the moment your spouse makes an error in judgment concerning finances.
Another mistake is to let only one of you take charge of the money; it's too much responsibility. Also, Raskin advises acknowledging if you have built-in views regarding cash flow, such as believing that rich people are superior and the poor are second-class citizens.
Next, you must have a financial plan, and make sure it includes discretionary cash. Both partners should have some because, Raskin notes, no adult should have to account for every cent spent. >.
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