Arguments About Money Aren’t About Money
One of the most common sources of conflict in marriage is money, how to spend it, and how to save for things that really matter.
It doesn’t make sense when you think about it logically. Money is simple. Keeping a budget is something an 8-year-old can do.
For a marriage to be wealthy, a couple needs to have more money coming in than going out. It’s just addition and subtraction. Debt needs to be eliminated, and money needs to be saved and invested for the things we want. You know, toes in the sand with a drink in our hand.
If you and your partner follow this rule, you’ll have no financial issues for the rest of your lives. But it doesn’t feel that way, does it? It feels like we need a Master’s degree in Finance and Wealth Management.
But do we?
Dr. John Gottman wanted to find out, so he went to a group of 8-year-olds and asked them for money advice. He told them he works with moms and dads who are fighting about money, so they can stop fighting and love each other more. All the kids understood this.
He told them a story about a couple.
The husband’s story went like this: