Stop Bickering Over Money

Couples tend to fight over issues like kids education, furniture, vacation destination, venue for dinner, shopping et al. More often than not, the underlying moot point is money. The fight can become prolonged and fierce especially if the spender and the saver don't see eye to eye.

All is not lost in such a scenario. Few simple tips and rules can enable couples to tide over these moments of crisis.

There are certain Do’s and Don’ts which couples need to follow.

At the outset the couple needs to remember that both of them are friends, not foes. They are on the same side and are not competing with each other. Opinions may differ and vary from time to time and from aspect to aspect. However, couples need to work towards agreement. Victory is not important; the simple rule of give and take needs to be adopted.

It is often seen that financial discussions turn sour when emotions run high. In such a situation, control your impulse. Leaving the room and the argument mid way is never a bad idea. Heated subjects can always wait. Remember, Never ever talk about a something controversial topic when you're about to leave for work. That can ruin the entire day for both of you.

At times when you and your partner lock horns over money matters, do not point fingers at each other. Instead, respond to the reality of your partner. Tell him or her that you can see that he or she is upset. Apologize that you also lost your temper. Then take time to cool off.

Nip the evil in the bud. Make and list your financial plans. Talk, talk and talk about your long term financial plans, what you intend to save and by when. Set time lines for yourself. Then check the reality of necessary monthly bills. The balance can be spent, obviously with the consensus of your spouse.

Finally, agree in advance that any item costing more than a set amount will be discussed and would be purchases if and only if both partners agree to it.