They share life, children, the best moments, and the worst. Why can’t many couples share money?
When we talk about money in a relationship, sparks of friction usually jump. Regarding this subject, I would love to give the example that a teacher gave us one day: when we think of a couple, we imagine them face to face. However, this is a confrontational position. What would then be the image of a harmonious couple? Both looking towards a common goal.
On the economic issue, the complex is reconcilable when instead of talking about money, we talk about the goal. Where do we walk as individuals, as a couple, and as a family. To then be able to draw conciliatory routes that do not lead to different directions, that do not cause a clash, but rather a accompanied journey. For this it is important, as in a trip, to locate the place where you are leaving, the place where you want to go, and establish the route.
For this I suggest you work on the family plan as if it were a company
When a company is created, capital is needed. There is also someone who is in charge of managing the finances, but the owners (partners) always have to mark the line that the company will take when making investments, the services and products it will offer, the policies, etc.
In a family, it is no different. In this case, the couple could be considered as the partners who own the company, and one of them can take charge of managing the finances. There are decisions to be made, and to draw lines in decision making.
I know it sounds quite cold and little like home warmth, but having a strategist’s vision is important.
Analysis in the family economy
It can be analyzed in the following points:
1 Current situation
Evaluating the present place where you are is always important, since it is clear from where you start. See what is the state of where you start, with the accounting of income, expenses and profits, to be able from this to start seeing the real possibilities.
2 Avoid debt
Debt creates a lot of stress; it occupies a lot of our mind, and sometimes our economy, when interest rates are allowed to increase in a way that ends up straining resources.
3 Prioritize expenses
There are expenses that cannot be avoided or reduced, such as a roof to live in, and others that are agreed upon by the couple that are important. For some it may be to buy real estate, for others to travel, for others food. Each couple is different in what is important to them, and it is valid. The key is to be able to observe and decide what is vital to the couple, or to give rise to both.
4 Expenses are for both
When economies are divided, and expenses are separated ” what is yours and what is mine “, the union and the power of money are lost. When both consider expenses and income their own, they can take on a greater power and meet the goals that they set together. Teaming up is always lighter than carrying expenses alone.
5 Provide expenses to income
Sometimes you spend more than you can or have, and that is when stress, fights in couples, and bank interest are generated. Having a sober life, and according to income, contributes more to life with health, peace and tranquility, and can be the platform to grow in projects where you can raise your standard of living.
6 Goal to achieve
This desired standard of living, or target purchases, is something that can be discussed. It is convenient to set short-term goals, with concrete actions, and realistic, achievable objectives.
7 Economics in the education of children
Having children unbalance the economy, since expenses are usually overwhelmed and more so when we do not have experience or advice on what is necessary or not to buy. It is also important to agree on what we want to contribute to the lives of the children. As I said before, for some education is more relevant, for others travel, for others after-school activities, etc. Agreeing and teaming up will make money flow better in the family. Teaching children at an early age to earn money, value it, save, also helps to improve the economy.
When the woman does not bring an income home
It should be noted that it is sometimes thought that women who do not have a working life, do not work and do not contribute to the economy. Many times it is lost sight that when the woman stays at homea lot of money is saved than is generally spent when a woman goes out to work. Therefore, it is important to reframe this contribution that housewives make economically to the home.
The main objective
Sometimes we forget that money itself is only a means of obtaining things that we need or enjoy. Let us appreciate and enjoy what through that economy, we achieve: live! And what better than living as a couple, and enjoying the money that both bring together.