Monday, September 26, 2016

Marital Bliss

American marriages seem to be in pretty good shape, at least as far as money is concerned. A recent Ameriprise study found that 88 percent of couples ranging from 25- to 70-year-olds are happy with the way they manage their money in their relationships. In addition, 68 percent say they communicate well about their dollars.

The study also revealed five steps to living in a successful financial relationship. Those include making money a priority, talking through and agreeing on financial goals, setting spending limits and discussing big purchases, keeping a joint account, and planning retirement and investments.

When couples do face disagreements, it often has to do with major purchases and children-related conversations, such as how much to spend on their kids. The study found 82 percent of couples say they’re able to resolve their disagreements on such issues.

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