We are all aware of the #1 argument in marriage: Finances. The “love” of money & the “abuse” of money is the root case of major disagreements in marriage.
Money should be a blessing to your family and not a curse. If the discussion on how to spend and save money is never discussed, there will be some discord in your marriage.
Money Language
As you are learning your spouse love language, make sure u learn & understand their money language. The way they view money will affect their perceptions and decisions.
Dr. Kenneth Doyle, a financial psychologist at the University of Minnesota, wrote an article about money language. He stated in the article, “we all have a money language.” It would be beneficial for you to even understand your money language & how it will either work hand & hand with your spouse language or be a conflict with their money language.
I am the one that loves to “spend” money; however, I will plan it out. I feel like we have it let’s enjoy it. Whereas, my husband is total opposite. He will hold on to his last red cent. He doesn’t believe in spending his last dime. However, we both are savers but I will spend the money that is in my pocket if I see something I want or want to do.
Before you read the different money languages, write down or think about how you view money versus how your spouse view money?
The Four Money Languages
- Driver: This person is “driven” by money. They purchase items to make themselves feel worthy & they equate the material things they have to show to others as a way to say “I love you.”
- Analytic: They are the over thinkers & planners with money. The joy they receive from saving, planning & being conservative with money is the way they say “I love you.”
- Amiable: Are free-hearted generous people when it comes to money. They equate giving to friends & family as a way to show love; irrespective to their financial stability they MUST give in order to feel loved.
- Expressive: Money means acceptance. The people in this group will use money to “buy” love. They would rather buy you something than to deal with the issue at hand.
Which group describes you? Which group describes your spouse?
Not identifying the money language(s) spoken in your house will lead to major disagreements. Understanding the difference in your language versus your spouse language will help you to work with the weaknesses & strengthens you both have instead of against it.
This understanding will help you have a good balance on how to handle the finances but it will also allow you to combine both perspectives on money into how the finances will be handled in your household.
This week challenge: talk about the finances. Talk about how to save more & what your plans on for major purchases.
[…] but not this time. Marriage finances are definitely that topic that can make or break a marriage. Money shouldn’t ever be a reason for dissension in marriage so that is why it is so important that […]