Financial blunders married couples must look out for

gboyinwa ajomale

January 12, 2018 10:11 AM

Financial blunders in marriage can cause serious damage to not only the finances in a marriage but also the marriage.

When it comes to finances in a marriage, couples need to avoid making financial blunders.

This would affect their finance and also their marriage if it is not looked into and addressed.

Financial blunders in marriage can cause serious damage to not only the finances in a marriage but also the marriage.

Here are financial blunders married couple should look out for in marriage.

1.Having different financial goals

Couples in marriage should be on the same page when it comes to financial goals.

Your partner might want to get a car before the year runs out while you might want to save for the next house rent, instead of quarrelling and fighting over it, discuss and agree on the best decision to take.

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As married couples, you should discuss your financial goals both short-term and long-term goals. Being on the same page with your financial goals means you would achieve a lot more financially together.

You should avoid this financial blunder.

2. Not having the financial talk

If you don’t have the financial talk in marriage as a couple then there will be problems with your finances.

Not talking about the finances of a marriage is just like not having a regular health check-up. It would definitely affect your health in the long run.

It also applies to your finances, you should check and have regular talks about your marriage finances.

3.Living beyond your means

This is one financial blunder you should totally avoid. As couples, you should never live beyond your means.

Living beyond your means clearly means you cannot afford the lifestyle and it will definitely affect your finances in marriage.

Married couples should live within their financial means and find ways to build and boost their finances.

4. One person taking all financial decisions

One person controlling the finances and also taking all the financial decisions in a marriage is a financial blunder which must be avoided.

In marriage, both partners should talk and agree about any financial decision before carrying it out.

Taking financial without your partner’s consent is not good for the marriage finances and also not healthy for your relationship

5. Covering financial mistakes

You should not cover your financial mistakes and keep hiding it from your partner. You should come out and tell your partner about your financial mistakes and find ways to resolve such mistakes.

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When it comes to financing in marriage, there should not be any hidden secret. Be open as ever.

gboyinwa ajomale