How to avoid arguments about money -

How to avoid arguments about money

It's no secret couples fight about money, but it may surprise you just how often they do.

A study by Harris Interactive finds that couples of all ages average three arguments a month about money, but those between ages 45 and 54 report four or more of these fights every month.

So, what's the top grievance? Spending, of course! It's spouses who disagree about "needs" versus "wants." What's interesting is that the Harris researchers found many couples still bickered over that after being married for years - or even decades.

While it'd be great to think partners could compromise on spending, what works well for many couples is to set a bar for major purchases. Maybe it's $50, maybe it's $500. But anything over that amount has to be a joint decision. 

Another big source of friction is providing financial support to family members. These fights can actually intensify the closer you get to retirement, thanks to the "boomerang" phenomenon of caring for both children and aging parents.

What's important is that you act as a team - the last thing you want is one partner to be a pushover with no limits attached to the financial help, while the other one steams. 

Talk, then talk some more. Better yet, you may want to draft a trusted friend or financial advisor to give you an objective point of view.

Copyright 2012 America Now. All rights reserved.


  • Most Popular StoriesMost Popular StoriesMore>>

  • Physicians warn against giving melatonin to children

    Physicians warn against giving melatonin to children

    Parents desperate to get their troubled sleepers to bed are turning to synthetic melatonin, which is a supplement sold over the counter. But expert warn it could have adverse effects on child development.
    Many adults turn to sleep aids like melatonin, but now more parents are giving them to their kids, too. We talked to physicians to see what they had to say about how it could affect your child's development.
  • Six deadly foods for dogs

    Six deadly foods for dogs

    Every pet owner knows a dog can get into just about anything around the house. One woman found that out the hard way when her dog ate a bunch of grapes! Turns out, that's one of the most dangerous foods
    Every pet owner knows a dog can get into just about anything around the house. But these common snacks could be fatal for Fido.
  • Mouse droppings cause disease

    Mouse droppings cause respiratory disease

    Mice are one of the most resilient mammals living on the planet. Some people have them as pets, and they're also used in laboratory experiments. If wild mice get inside your house, they can potentially
    If wild mice find a way inside your home, they can potentially cause thousands of dollars worth of damage to your drywall and insulation. They can also transmit a harmful disease which can cause death in humans. 
Powered by WorldNow