YOU Magazine - January 2011 - You Spent What? Strategies for Talking to Your Spouse about Money
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Brent Prockish     Brent Prockish
Brent Prockish Team at Total Lending Concepts
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Brent Prockish Team at Total Lending Concepts
January 2011



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You Spent What?
Strategies for Talking to Your Spouse about Money


You Spent What? - Strategies for Talking to Your Spouse about Money


Did you know that spouses who argue about finances once a week are 30 percent more likely to get divorced than spouses who argue less frequently about finances?

Simply put: Money woes can be tough on marriages.

In fact, a recent study found that couples with no assets at the beginning of a three-year period are 70 percent more likely to divorce by the end of that period than couples with $10,000 in assets. Most divorce risk factors–such as age and education level–correlate with poverty, says Statistics in Plain English author Timothy Urdan. But there are steps you can take to reduce financial friction in a marriage. Watch the above video from Kiplinger.com for tips on dealing with spousal spats about money.




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