Do you and your spouse see eye-to-eye when it comes to financial planning? Which gender makes better financial decisions in your house, men or women?
We all make important financial decisions from time to time, things like:
- Save for your marriage, buy your first home or simply pursue your dreams
- Start investing and building your wealth to combat the cost of living
- Speculate on some riskier opportunities for a quick gain.
But how do these financial decisions affect your spouse and your family?
Let me guess, maybe you and your spouse hardly talk about money matters at home. And if you do talk, you couldn’t agree with each other.
If that so, it is just normal. A recent survey shows that 87% of married Singaporeans disagree with their spouse, 50% or more of the time, when it comes to financial matters.
But it does not have to be the case if you and your spouse can understand the challenges and solutions behind these three important financial planning decisions.