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Family

Marriage, Money, & The Recession

Money issues in a marriage can be tough at the best of times.  keep your marriage strong during the recessionCouples argue about how much to spend, what to spend it on, whether or not they should have joint accounts, and the list goes on.  Differences in spending habits definitely can make for some interesting conversations, or should I say, arguments.  It truly doesn’t matter how much or how little money a couple has, disagreements about money still arise.  During a recession, however, finances can get tight, and the pressure is on. 

 The most important thing to realize is that your marriage is way more important than your financial situation.  As a couple, you need to stick together and work out a game plan for how you are going to tackle the situation as a team rather than letting the tough times divide you.

 You can start by sitting down together and discussing your specific situation.  Create goals as a couple and write them down.  Think of ways you can cut back spending and extra things you can do to supplement your income.  Come up with a plan involving both of you so that you can have the sense of working together and feel the satisfaction of attaining your goals. 

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