Photo Credit: thebamalliance.com
Budget Together
There are many thoughts on how to handle money in a marriage. Some believe it is the husband's responsibility to handle the money. Some say it should be handled by the spouse that is good with money matters.
No matter who is paying the actual bills, the truth is, both husband and wife need to be involved at some level. You are married. You have collective goals. By both being involved in budgeting, it removes the responsibility from being entirely on one person. There is also more accountability to each other for the money coming in and going out.
One way to be involved is to come together at least once a month to decide where the money is going. It may need to be more often if the money coming in varies from paycheck to paycheck or if something changes.
It's going to take planning and accountability to be successful with your money. Lack of either of these leads to disagreements and misunderstandings and the "blame" game. Once you decide on the budget, encourage each other to do their part to stick to it. Remind each other of your goals. Imagine yourselves reaching those goals together.
If you need some direction in getting the budget together or figuring out your goals, I can help.
You can master your money... and I can help!
Contact Michelle Serna by filling out the Contact Me form to the right of this post.
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