Marriage and Money, What Do I Do?
Getting married opens up another chapter in one’s life. This is the time when one chooses a partner to live with for the rest of his life. Getting married will mean living with that one and only person who will share everything with you—from plans to dreams, hopes and aspirations, and even money.
The set up may seem simple. However, it is so much more complex than it really looks. And when we talk about money, it may well be considered the one common reason for every marital argument. Having to consider the partner in every decision, including financial matters, will really come as a shock at first for some people. That is why knowing how to manage money within a marriage will not only be advantageous to the couple but to their married life most especially.
Here is a shortlist of the things that are important to remember when managing marriage and money.
1.A couple can have a joint account. Ideally, marriage is about sharing much of the properties that each of the couple brings into the relationship, and that includes money. This is advantageous especially if one of the two people takes charge of earning and the other takes charge of monitoring the expenses and the cash flow. Should deposits or withdrawals be necessary, both partners will have a say on the issue.
2.A couple may also opt to have a separate account. This set up protects each partner. This is also advantageous for those who have grown used to the fact of earning and spending for oneself. Each partner is able to monitor his own income and then is able to pay his part of the sharing like the payment for the car, utilities, and mortgage.
3.They can also engage in separate joint accounts. In this set up, there are two joint accounts. One is controlled by the husband while the other is controlled by the wife. Both have access to each of the joint accounts and will still be able to monitor each account closely.
4.When there are issues, face these with love. Yelling and shouting at each other will definitely not solve the problem. Likewise, when asking a question, either partner should refrain from using a loud voice. Everything should be talked over peacefully and gently. Either of them shall ask what the problem is and offer to help solve it.
5.Always be honest. The best virtue that each partner must have within a relationship is honesty. If there is a need to use extra cash, withdrawing money should not be kept a secret.
6.Learn from what the other can teach. Not all people are blessed with the skills to crunch numbers. And if one of the partners knows more, the other should be open to learning from him.
7.Keep your vows. In marriage, both partners have to love each other in sickness and in health, for richer or for poorer. This has to be remembered all the time because the relationship will have difficult times too. And when such times come, it is important that both people are true to their vows.
Money will never be like a spring of water. There will also be the dry seasons. And in these times when the partners need cash, Cash Advance is there to help provide cash loans. The requirements are so easy and can be completed in three steps. These include applicant to be 18 years or older at the time of the application, with a checking account, and a job to pay for the borrowed money.
Another positive thing about using Cash Advance is that it is accessible online. Furthermore, even after a default has been seen on the applicant’s record upon credit check, a high chance of approval is still possible.