Finance SQ

Personal Money Management practices have many a time ended the romantic relationships. Believe it or not, at the beginning you do not want to talk about money at all, but as the relationship gets serious, it is indeed the most sought after details any girl or boy would like to before the dating turns into serious relationship.

Personal money management practices will reveal how much money you have, how much debts you have, how many pubs drink away your money, etc. It is indeed the only thing later in relationship couples discuss apart from children.

Personal Money Management Practices Reveal Spending Patterns.

Divorce  is a result of two people not able to get along with each other. He main culprit seems to be personal money management practices.

Money is the main reason often, and when your personal money management has gone awry, your partner would like to call it a day.  While half the marriages are ending up with divorces, the money problem seems to be the major one, next to infidelity which is causing breakup of marriages.

Personal Money Management And Spendthrift

First of all decide whether you are a spender or a saver. Next, find out whether your spouse is a spender or money saver. Don’t bother if you don’t try to get details quickly. It is not like matching with horoscopes, that a particular man born as a saver should not marry a spender and vice verse.

In fact we have found out that many opposites attract and marry. If your personal money management shows that you are a spender, it is only showing that you are different from your partner. If both of you are the same, what is the point in marrying, without fighting?

Personal Money Management And Spenders

When both the partners are spenders, the relationship will soon end as when both are spending without minding their financial position, there is room for the family to go bankrupt. Don’t expect the husband to become a saver. The problem is that both women and men treat finance matters differently.

Your personal money management reveals that both partners are savers, it is good to begin with, but how long can you go on staring at the bank balances going up. They will be forced to use the money for some reason or the other.  For instance your personal money management may throw up that you don’t consider charity as expenditure.  This may be a way of being responsible.

But the personal money management of your spouse would like to see her save more. Saving to the extent of destroying your relationship is equivalent to spending too much leading to divorces.

Personal Money Management And Savers

When both husband and wife are savers, their personal money management can throw interesting thing up. Do you think one partner is saving to reach a particular goal and she or he will finally save everything that has been saved after reaching a goal?

If your partner is saving to take you around the world, you may get a response saying that she would not like to spend the money.  These are revealing factors of personal money management.