Finances Are Ruining My Marriage

Dear Sugar,

My husband and I have been having the same fights recently and the root is always our finances. Though we both have good jobs, we have very different financial priorities for example he wants to buy new golf clubs while I would rather pay for the children's after school lessons. I don’t want this to ruin our marriage, please tell me what to do.

- Chiamaka

Dear Chiamaka,

Identifying a problem is the first step to resolving it. Simply praying your money problems will go away without any action will do nothing for you. Money issues are sensitive and typically takes couples a lot of effort and commitment to get financial goals and spending habits aligned.
You both need to discuss your long term financial goals for the family and the steps you need to accomplish said goals. Once this is in place,create a realistic budget you both can live work with. Finally, agree on a comfortable figure you can both spend on personal items and/or activities on a monthly basis, anything more expensive needs to be discussed with each other – no
exceptions.

Best of luck.