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Most would argue that opposites attract. Of course, you want a significant other who keeps you on your toes. You want a person who can engage conversation, intelligent and sometimes spontaneous.
When it comes to managing finances, is it true that opposites also attract?
What if the two of you agreed to apply a savings program and stick to a budget worksheet? Only to find that your significant other engaged in emotional spending and purchased a new wardrobe [because of a sale] without discussing anything with you.
The only argument that s/he could state was "it's a joint account" so s/he could spend his/her half.
It's hard enough trying to make ends meet, but when you don't have someone financially compatible the hill becomes steeper.
Have you ever been in this situation or if you were what would you do? Please share...
Bahiyah Shabazz, MBA
Fabulous & Money Savvy ™ Coach
Author of Finances are Linked to Emotions: Live Within Your Means

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Tags: Bahiyah Shabazz, Communication, Fabulous and Money Savvy, Relationship, Save Money, Saver, emotional spending, joint account
Permalink Reply by Lovely Ladi on June 27, 2011 at 2:56pm I am a saver and my husband is a spender. I have came up with STASH SAVING. Get a certain stash spot and start saving!!
Permalink Reply by Bahiyah Shabazz,MBA on June 30, 2011 at 11:20pm My second marriage had issues and I recognize it was a power struggle. How we handle it was instead of having one bank account. We had separate bank accounts and split the bills. That process resolved that issue and the breakdown was not the money.
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