Marriage and Family Tips: Financial Involvement on Both Sides
In wedlock, there is usually one person who is responsible for managing the finances of the family: paying bills, savings accounts, budgeting, etc. Often, the other spouse even does not know very much about the financial state of their family. As long as he or she can shop as usual, there would seem to be no problem. However, this approach can backfire especially if some problems arise in the family’s finances. Blaming the problems on one party would not be fair. For better money management and family bonding, involvement of both the husband and wife is important. Here are some …