Hannah Comeaux, M.A, LPC, LMFT
Still paying for family vacations? School recently started and now the holidays are coming! All those seasonal expenses can put a kink in your normal spending habits. Financial tension is near the top of the list for stress on a marriage. Here are a few ways to minimize money issues.
- Discuss your family history of handling finances. Did your parents live within or above their means? Many people continue behaviors as an adult that they learned from their childhood. Confront the issues and be willing to seek advice and change.
- Explore financial fears. Not having enough or not being able to provide for the family adequately are fears from past experiences that can result in hiding money, spontaneous purchases and credit card debt. Honest and open relationships ensure long-lasting ones!
- Establish which of you is the spender or the saver. Opposites attract! Usually one of you is the free spirit and the other wants a calculated plan. Lean on your partner’s strengths. If they are well organized and a better financial planner, let them take the lead.
- Create a budget. Financial freedom begins by getting on the same page. Agreeing on future goals and how your money will be spent omits conflict before it starts.
- Be flexible. Revisit each of these suggestions from time to time and re-evaluate. Be patient! Establishing new habits take time so allow grace for your spouse AND yourself.
Hannah Comeaux is a Licensed Professional Counselor and Marriage and Family Therapist. Her passion is working with couples and families to restore and cultivate more meaningful relationships.