Skip to main content
  1. Life
  2. Relationships
  3. Relationship Advice

Marriage and money

Money can break down any marriage. But it does not have to. Couples have to exercise power over their money. Since a couple is one unit, the couple's money is one unit. It is joint. There should be no separations, and decisions about finances should be a team effort.

Jacqueline says, "Money is the most intimate thing in a relationship. It is what really bonds a couple."

Your financial partnership should begin with setting a monthly budget. Prioritize your needs and make compromises, where necessary, for your wants. Even more important is setting aside an emergency fund immediately, according to Dave Ramsey, author of Financial Peace. An unexpected pregnancy, the loss of a job, and tires that have run their course are examples of unexpected things that can happen. A couple's finances should not completely be dented because of these events.

Since marriage is a partnership, plan to partner in planning for financial peace in your marriage. Dave Ramsey has established seven steps to a couple's financial freedom, which lists starting an emergency fund as the first step. For the remaining steps, visit www.daveramsey.com.

Ramsey's Financial Peace University classes are offered across the nation. A host of churches in the Metro Jackson area are offering these classes. For upcoming classes offered near the Metro Jackson area, visit http://www.daveramsey.com/fpu/process.locateClass/.

Money is not the tie that binds a marriage, but it can definitely be the weakest link on an otherwise strong marriage chain.

Comments

Advertisement

Life

  • ESPYS party
    Athletes and celebrities hit the red carpet at Body at the ESPYS party
    Today's Buzz
  • Using metalic paint
    Metallic paint can be used to refinish furniture or to create the illusion of a larger space
    Camera
    5 Photos
  • Gardening
    Have you ever started a garden and found a lone tomato straggler in with the strawberries?
    Camera
    7 Photos
  • Adopt a shelter cat
    Ten great reasons to adopt a shelter cat: Just ask Willie Nelson's family
    Camera
    9 Photos
  • Chikungunya virus
    Health news: Chikungunya virus has hit a man in Florida
    Camera
    5 Photos
  • Oaks Spa
    Just keep moving is theme at Oaks at Ojai, California’s primo budget spa
    Camera
    6 Photos