Posts Tagged ‘breaking the budget’

4 Steps to Confront the Financial Cheater

Monday, May 24th, 2010

Shelley was putting away her husband’s laundry when she discovered a stash of bills for a credit card she didn’t recognize. It’s a story that plays out over and over with couples we talk to. Everything seems to be fine and then Bam! One of them discovers the other has been keeping money secrets.

If you’ve just discovered your partner has been hiding money from you, using a secret credit card, or lying about spending, what we call “Financial Infidelity”, you have a choice to make…[Read the entire Money Couple Minute HERE].

5 Financial Resolutions You Shouldn’t Make

Monday, January 4th, 2010

Getting out of debt is one of the most common New Year’s resolutions—it’s right up there with losing weight. And like losing weight, it’s a resolution that, more often than not, is broken before January comes to an end.

Everyone should set financial goals for their families. In setting these goals, it is important to be smart about the kind of goals you set and your plans for meeting those goals.

Briefly, here are the 5 financial resolutions you shouldn’t make for 2010. Read the entire Money Couple Minute HERE to get all the details for each one.

1. We Will Spend Less

2. We Will Not Fight About Money

3. We Will Have Our Finances Under Control By April

4. We Will Have a Perfect Budget

5. This is the Year We Get Out of Debt

Again, there are full descriptions of each of these resolutions not to make. You can find them in this week’s Money Couple Minute.

Dealing with a Budget Buster

Friday, October 2nd, 2009

If one of you is struggling to stick with a budget, try tracking your spending for one month. Write down every cent that goes out - from the mortgage to double mocha’s. At the end of the month, look at where your money goes. Then talk about where you can cut back and find ways to compromise so that both of you can live with the changes you make.

Get more practical tips on dealing with a budget buster in this weeks Money Couple Minute - Dealing with a Budget Buster.