How to Stop Fighting Over Money
Why you fight: You have very different ideas and values when it comes to money. The spender feels constrained and the saver feels insecure. Couples often see only the negative side of their partners’ financial habits.
How to stop: Learn to recognize your partner’s financial strengths. Take buying a car as an example. While a saver may gravitate toward an inexpensive used car, the spender may want a new, more costly vehicle. To arrive at a compromise you can both live with, you want to combine the saver’s ability to sniff out a good deal with the spender’s ability to commit to a purchase.
The bottom line: Aim to make a better decision as a couple than you would as individuals. Before you make any big purchase, have a heart-to-heart about your needs and expectations, and set an absolute limit for how much money the two of you are willing to spend.