Now, let me put it in the other way. Have you ever realized the way of thinking of your partners (they may be your parents, boyfriend or girlfriend, husband or wife, son or daughter) will affect your result?
In other words, in order to success in your financial life, you and your partner must sing the “SAME TUNE” or the chance of failure will be high.
Just imagine if you are married with 2 children and you have financial targets such as early retirement and to have enough to fund for your children’s education. You setup the entire plan. However, what happens is, your husband/wife, who is not financial literate, is a crazy spender. What do you think the chance for you to achieve your financial targets?
I believe the key here is to COMMUNICATE. Tell your partner about your plan and seek for his/her agreement and commitment. Calm his/her uncertainty if he/she expresses his/her worry. The main purpose is to allow both of you to have the same “frequency”.
Talk to each other regularly about the progress, the obstacle faced and seek for solution together. Have regular meeting for this to understand each other more in depth and the destination of your financial targets are not far away.
If you don't have frequency with your partners on money issues, i am pretty it will end up very ugly.
ReplyDeleteMost of the time family quarrel or fight is due to the dollar and cents. So same frequency is very important
Totally agree.
ReplyDeleteI have seen personally many cases my self. Starting it's all about love but as time goes longer, the relationship gets dull money will come into the picture.
ReplyDeleteTeng teng teng... This is the time that will determine whether your relationship will last or not!