Money and Marriage: 6 Tips for a Happy Relationship

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One of the many challenges that married couples face, aside from resolving who should sleep on which side of the bed, is money management. Money, as we all know, can be a tricky thing to navigate, which is why it’s not surprising that it found its way into wedding vows – “for richer or for poorer…” Nevertheless, despite having uttered these vows, a lot of couples these days doesn’t seem to get it through together and survive for richer or for poorer as many studies have shown that financial issues are among the major causes of marital troubles that often lead to divorce. This is why it’s vital for couples to be smart in managing their money and take steps to make their finances work through thick and thin. Here, we share some important money management tips that couples, whether newlyweds or not, should follow to enjoy a lifetime of financial and marital harmony. 1. Talk openly about money. Ideally, you and your partner should be able to have the money talk prior to marriage. Be open and honest about your financial situation, obligations, how much you make and how you intend and...

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