8704 Yates Dr., Suite 205
Westminster, CO 80031
rmfc.org
303-292-1800
iMoneyTipsTM Fact Sheet:
Marriage and Finances
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Money is either the best or the worst area of communication in a marriage
Money is either the best or the worst area of communication in a marriage•Men take more risks and don’t save for emergencies; Women tend to see money more as a security issue
Men take more risks and don’t save for emergencies; Women tend to see money more as a security issue•One of the top reasons for marriage counseling is broken trust and communication regarding money matters
One of the top reasons for marriage counseling is broken trust and communication regarding money matters•Couples in successful marriages have mastered the skill of financial harmony in their relationships
Couples in successful marriages have mastered the skill of financial harmony in their relationships•Married Americans live longer, maintain better health, earn more money, are happier and have happier children that do better in school.
Married Americans live longer, maintain better health, earn more money, are happier and have happier children that do better in school.•Money is one of the major causes of frustration in marriage and family relationships: 60% reported fighting with spouse about money; 93% reported that financial problems increased the amount of stress in their lives
Money is one of the major causes of frustration in marriage and family relationships: 60% reported fighting with spouse about money; 93% reported that financial problems increased the amount of stress in their lives•80% of couples who divorce by age 30 indicated that financial problems were a primary cause of their divorce.
80% of couples who divorce by age 30 indicated that financial problems were a primary cause of their divorce.•36% of men and 40% of women admitted that they had lied to their spouse about what they had paid for an item.
36% of men and 40% of women admitted that they had lied to their spouse about what they had paid for an item.•Five or ten years into your marriage, your money concerns are likely to be different from those you had when you walked down the aisle.
Five or ten years into your marriage, your money concerns are likely to be different from those you had when you walked down the aisle.•According to a nationwide study, one cause of money problems with couples may be that they don’t agree on how much of it they have. The typical husband says the couple earns 5% more income and has 10% more total wealth than the typical wife reports.
According to a nationwide study, one cause of money problems with couples may be that they don’t agree on how much of it they have. The typical husband says the couple earns 5% more income and has 10% more total wealth than the typical wife reports.•More than 70% of couples talk about money on a weekly basis. The problem is that most don’t know how to talk about money. Most are emotional and reactive about money, not strategic.
More than 70% of couples talk about money on a weekly basis. The problem is that most don’t know how to talk about money. Most are emotional and reactive about money, not strategic.•Debt ranked number one for the biggest reason couples fight most
Debt ranked number one for the biggest reason couples fight mostiMoneyCoach TM Helpful Tips:
•Both should be involved in planning for the future
Both should be involved in planning for the future•Be in unity with your spouse by involving each other in all financial decisions
Be in unity with your spouse by involving each other in all financial decisions•Pray about financial decisions with your spouse
Pray about financial decisions with your spousePhilippians 4:6 – “Do not be anxious about anything, but in everything,
by prayer and petition, with thanksgiving, present your request to God.”
•Recognize that money impacts all areas of your relationship
Recognize that money impacts all areas of your relationship•Control over money has less to do with how much we make, and a lot more to do with how we manage what we have. Financial health is important not only to our bank balance but also to the atmosphere in our home
Control over money has less to do with how much we make, and a lot more to do with how we manage what we have. Financial health is important not only to our bank balance but also to the atmosphere in our homeiMoneyTipsTM Key Principles include:
- Living within your means,
- Not acquiring any new debt,
- Aggressively paying off existing debt if you have it,
- Setting aside money for periodic expenses,
- Using a budget,
- Automatically contributing to an investment account
Romans 13:8 – “Keep out of debt and owe no man anything”
Rocky Mountain Family Council
8704 Yates Drive, Suite 205
Westminster, CO 80031
(303) 292-1800
This resource may be reprinted without change and in its entirely for non-commercial purposes
without prior permission from the Rocky Mountain Family Council.
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