Couples: what if you clash over cash? - WFLA News Channel 8

Couples: what if you clash over cash?

Posted: Updated:
TAMPA, FL (WFLA) -

Money can be cause for friction in many relationships. A recent survey by credit website www.myfico.com showed just 12 percent of people say they have the same spending habits as their partner. Which means 88 percent do not.

Understanding how those habits were formed, at a young age, is key according to Gary Foreman of the Bradenton-based money saving website www.thedollarstretcher.com.

"At a quiet time, when you are not already arguing about money, sit back and ask your mate about their experiences with money. What was it like when they were growing up? Did they have an abundance of money in their family or were things very tight?"

Foreman says you want to help your spouse live within their money expectations. "If you have a spouse who needs to have a few dollars in their pocket or purse that they can spend without your approval create a system so they can do that. Don't fuss at them every time they buy a two dollar latte at Starbucks."

However, if your spouse is a chronic over spender: "It's really usually symptomatic of something that is deeper." If you find yourselves constantly butting heads about money consider counseling, says Foreman.

Also, try to find some goals that you can share together, says Foreman. "Maybe you both want a vacation next summer at a beach resort." That's when you put your heads together and strategically figure out how you will go about saving to make that happen.

  • NewsMore>>

  • Clearwater Whole Foods Market opens Sept. 24 with giveaways

    Clearwater Whole Foods Market opens Sept. 24 with giveaways

    Tuesday, September 16 2014 3:20 PM EDT2014-09-16 19:20:50 GMT
    The new Whole Foods Market is located at the Westfield Countryside Mall next to Sears. Whole Foods photoThe new Whole Foods Market is located at the Westfield Countryside Mall next to Sears. Whole Foods photo
    Pinellas County's first Whole Foods Market grocery store is scheduled to open September 24 with a big grand opening celebration
    Pinellas County's first Whole Foods Market grocery store is scheduled to open September 24 with a big grand opening celebration
  • Female wounded warriors attend Bradenton retreat

    Female wounded warriors attend Bradenton retreat

    Tuesday, September 16 2014 3:04 PM EDT2014-09-16 19:04:09 GMT
    Fifteen female wounded warriors were gathering together for comradery and counseling during a retreat in Bradenton Tuesday.It's called ‘A Season of Change- You Can!' and it's organized by the Sarasota County Veterans Commission (SCVC) and Professional Assisting Military Families and Friends (PAMFF
    Fifteen female wounded warriors were gathering together for comradery and counseling during a retreat in Bradenton Tuesday.It's called ‘A Season of Change- You Can!' and it's organized by the Sarasota County Veterans Commission (SCVC) and Professional Assisting Military Families and Friends (PAMFF
  • Lakeland teacher accused of sexual battery against student, 14

    Lakeland teacher accused of sexual battery against student, 14

    Tuesday, September 16 2014 2:29 PM EDT2014-09-16 18:29:17 GMT
    Michael Emmanuel Taveras. Polk Co Jail booking photoMichael Emmanuel Taveras. Polk Co Jail booking photo
    Lakeland Police say a middle school teacher gave alcohol and other gifts to a 14-year-old student he is accused of having sex with.
    Lakeland Police say a middle school teacher gave alcohol and other gifts to a 14-year-old student he is accused of having sex with.
Powered by WorldNow

200 South Parker Street, Tampa, FL 33606

Telephone: 813.228.8888
Fax: 813.225.2770
Email: news@wfla.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.