Assessing Your Spending and Saving Habits

Posted by Lingxiao Li - Group 3B
One of the reasons couples disagree about money is that money means different things to each of them. For some people, money provides a sense of security, of being taken care of; this kind of person would tend to be cautious about spending money and would try hard to put money in the bank. For others, money provides a sense of freedom; they might exercise a more carefree attitude. Of course, most of us fall somewhere in between. There is no right or wrong way to think about money, but it's important to create a budget that works for both of you.
The first step is to figure out where each of you stands with respect to money. Go through the following lists and decide what best describes you. Some of the advices maybe can help you to build up your finance in the future. Read more...