Rethink Your Family’s Budget to Stop Fighting Over Money

Unfortunately, many couples have numerous fights over money and this makes their relationship suffer or even break up. It is such a pity to be angry with your significant other for a reason that should never dictate if you are happy or sad because money is surely not the most important aspect of the meaning of life. However, money is something that you need every day for the most basic things and stress from not being able to afford all the costs leads to frustration that you both use against each other and this has a terrible effect on both of your mental and emotional health. You need to stop yelling at each other around the house, remember that you love each other and that together you can find a solution for this type of situation. Read below some advice to help you rethink your approach to the problem and your budget in order to be on the right track with the money again.  

Sit down and talk

A mature talk is the first thing that you need to do when you are dealing with a situation that affects you both and your relationship. You are both adults and you should act accordingly to it. If you do nothing but to yell at each other, none of you will understand the other one’s point of view and you will just keep on fighting without really solving any problem. This will just make things worse day by day. You need to sit down and calmly discuss the issue and find a solution together because two minds always work better than one and because you are a team, not enemies.

Don’t blame each other

The worst thing that you can do when you have money problems, as a couple, is to start blaming each other for them. You need to be aware of the fact that none of you is happy about the situation and that neither of you wants to have to deal with this. However, it is something that everyone has to deal with at some point in their lives.  That is why you should not be rude and make each other suffer from insulting words that are going to slowly destroy your relationship because money come and go, but real love is not that easy to find.

Understand each other

 

Realize that you are both working as hard as you can. If the incomes from your jobs are not enough for all your expense, it does not mean that any of you two is guilty of it. Even if one of you is staying home with the kids and it looks like they do not make any effort, remember that taking care of the kids and the house is also extremely exhausting and stressful. Understand each other’s point of view and feelings so that you can stop judging the other one for not putting in as much effort as you think you are putting. Most important is to support each other and you can surely find a better-payed job that will solve your problem. 

Track the monthly expenses

Once you realize that you are actually a team and that you should fight together, not against each other, you need to start focusing on finding solutions that will stop the problem that brings so much stress and frustration. Create together a plan for the monthly expenses and track them to see where is the problem coming from so that you can work on that part. Decide what are the most important costs that you cannot exclude, and reduce the ones that are not a necessity. Also, you can look for programs that can help you in the times of need. For example, if you have debts that are giving you a hard time because you can barely afford the monthly payment, you might want to find out more about an IVA because that is going to give you the help you need with helping you get a formal agreement between you and your creditor to repay the debts back at an affordable rate.

Both of you want the best for your kids

Most of the worries are about your kids’ future, you want to give them the best. You worry whether you should send them to private or public school. But, you know that private schools are more expensive and you also think that public ones are maybe not good enough. Sit down with your partner and decide together because you both love them enormously and you need to find a common solution. However, you should realize that your kids need to grow up in a healthy environment and a happy and loving family because that is the most important aspect for them. So, stop fighting because anyway your kids do not love you for your money or for what kind of school you send them to.

Divide expenses

In order to stop being confused about where all the money disappeared and avoid overspending, divide the monthly expenses so that you can keep a more rigorous track on them. Decide together how to divide them so that it is a fair 50-50 budget suitable for both of you. For example, one of you can take care of the paying off the debt while the other one can pay the bills for the utilities and the vAriable expenses such as food or clothes. This way you will avoid the fights when both of you start to complain about how much money you have spent while the other one has spent less. If you know from the beginning what your responsibilities are it is going to be easier to take better care of your budget.

Educate yourself

It is very important to learn from your mistakes so that you do not keep repeating them. you and your partner should learn how to deal with finances better, you can even talk to a financial counselor to help you understand better your options and how to prioritize your expenses more efficiently.  

Similar Posts:

• How to Create a Family Budget
• The Money-Management Mistakes You Can’t Afford To Make
• Secrets of Teaching Your Teen the Art of Money Management
• Making Your Money Go Further: Simple Tips To Get You Started
• How to Create a Family Budget in 7 Steps