Help! Financial Stress is Hurting Our Marriage.

1. Don’t have separate bank accounts.

This one steps on toes every time we bring it up, but we’re firmly convinced it’s some of the best financial advice for married couples. A husband and wife are (or at least should be) united partners in every aspect of the relationship. Separate accounts make divorce easier and marriage harder. There might be some specific circumstances that necessitate separate accounts, but we found that more often than not, separate accounts create less unity and less communication around the finances in the marriage. For more on this, read my wife Ashley’s popular article on The Reasons Why a Married Couple Shouldn’t have Separate Bank Accounts (by clicking HERE).

When one of your is a “Spender” and one is a “Saver” it can lead to a lot of frustration, but talk about everything. Develop a plan together. In marriage, everything should be shared and nothing should be divided. Everything you have (your money, your debts, your time, even your own bodies) should be shared with your spouse: “The wife gives authority over her body to her husband, and the husband gives authority over his body to his wife.” 1 Corinthians 7:4

#2 should probably be the first goal and top priority for a married couple’s finances…