10 Money Habits That Will Keep Your Relationship Stronger Than Ever

Being a financially effective couple has nothing to do with being rich. It involves managing your money and allocating it effectively toward the things you value and want to do in life.

There’s no handbook for how couples should manage their money effectively because, well, each couple wants different things out of life. Still, there are ways to grow your money together while keeping arguments to a minimum. 

Here are 10 habits that can help you become one of those couples that “have it together” when it comes to their money — and tips on how to get there. 

Not sure what they are? Your shared expenses are consistent expenses that you both pay every month. An example of shared expenses is the rent, mortgage, and water and heat bill.

Understand You've Shared vs. Personal Expenses

Then start making a list of your individual expenses, the kind that you each pay independent of the other, such as gym memberships, gifts for family members, and how much money you tend to spend on the things you want.

Let’s face it; not everyone comes into a relationship with all the financial know-how. Rather than expect the more free-spirited person to become the master of spreadsheets, think about how they can best contribute to the financial relationship.

Know Your Strengths and Weaknesses

By creating buckets, for example, using the 50/30/20 rule (50% on needs, 30% on wants, and 20% to savings), you can start effectively planning with your money rather than just saving and spending sporadically.

Understand Your Needs, Wants, and Goals

Taking the time to learn each other’s money stories and how their attitudes developed over the years can help couples build intimacy and understanding. There are fun ways to learn each other’s money stories.

Learn Each Other’s Money Stories

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