How important is it for couples to have the same philosophy about money?

Answer 1

I think there should be a good balance between the two. For instance, my girlfriend is a bit of a cheapo. lol. She budgets herself very well & doesnt do huge expendetures on anything that isnt necessary. I, on the other hand, am spoiled rotten and LOVE to spend money. I have had problems in the past budgeting & over spending & blah blah blah. BUT my girlfriend has helped balance me out & im much better with $$$ than what i use to be. I have also helped her see that it's okay to splurge on yourself every once in a while. We work hard for it so why not play every now & then?? So even though we didnt come into our relationship having the same philosophy, we have created a great balance & compromise between us.

Answer 2

Not important to be the same. However, if you plan on sharing households and budgets, it is quite important that each member of the couple have similar money philosophies with some room for each to have some of their own individual approach (say, a separate savings account).

Answer 3

it's true that finances can put a lot of strain on relationships. if a couple chooses to mingle their finances then having a similar financial philosophy is important. this is especially true with respect to married couples (where the govt compels you to essentially become financially intertwined). However, relationships can also be happy if the couples realize early that each has different financial goals and chooses to simply keep all money separate.
in either case, people who are ina couple should feel free to talk frankly about financial issues. money, like sex, can be used as leverage over a partner...and that's just toxic to any relationship.

Answer 4

I don't think it is even possible that you have the exact same philosophy. The big thing, in my opinion, is to find the line of acceptance of the other person's stance. If you don't see eye-to-eye, can you at least find common ground and both be willing to compromise on some issues? If not, then maybe that person is not for you. But if you are each willing to give a little (and be specific with each other as to what you are and are not willing to compromise), you will be surprised how well it will work.

Answer 5

Money usage, especially when it gets tight is one of the biggest causes of stress in a relationship. The important thing if you have different philosophies about how to handle it is to establish very early on very good communication and roles. I.e. you can not shop for stuff until your significant has paid the bills, you both will discuss and agree on major purchases before making them, etc. The details are up to you two, it's the communication and compromise that's important.

Answer 6

I see no hope for any marriage in which the people involved do not have the same philosophy concerning money.

Answer 7

Are you speaking of marriage? Extremely important. Money issues are the biggest reason for divorce in this country.

If you're just dating, not such a big deal.

Answer 8

I would say its very important. Although, that is a very general question. Would you like to add any specific's? (ie, long term goals, spending, divisions of earnings)