Without a doubt, arguments about money are a key cause of conflict in relationships. When money is in short supply, arguments often revolve around differences in attitude towards spending and the distinction between needs and wants.
The interesting thing about financial decisions is that they are never right or wrong.
A good decision is one made in full consideration of the consequences. Choosing to spend money now rather than saving it to spend later may lower your standard of living in the long term. On the other hand, saving money now to spend later means sacrificing current lifestyle for future benefit. Neither approach is right or wrong, just different consequences.
Conflict arises where each partner has different views about the acceptability of the consequences. Here are some guiding principles which should help to resolve conflict:
-Respect your partner's views and acknowledge that different attitudes to spending and saving are not right or wrong
-Focus on understanding the consequences of financial decisions
