Wednesday, November 12, 2014

Is it Important for a Couple to Have the same Set of Mind in Terms of Financial Matter?


         A couple that is compatible with regards to their finances or let say with the same set mind is very rare to find it for now. It is because some couples do not give time to talk about it, some are lack of idea and not aware about their financial situation. In addition, sometimes one of them doesn't have interest to talk about it and just say “Ikaw na bahala”.  But often this financial matter becomes the reason to have an argument and misunderstanding between a couple. Then, later on sometimes if not settled, it ends up in a worse case. That’s why this financial matter must be taken seriously by a couple and not to be neglected to talk about it.  



       Well, it is common for us that we let our wife handle this matter.  We just give our salary to her and let her drive the wheel to budget all the expenses and saving as well. This is good if one of you doesn't have any idea how to do it, but it is much better if we have a companion than doing it alone and the best companion is your spouse. It is said “Two is better than one”. A Couple should have both Financial aware with the same set of mind in handling their money.  It is vital for a couple to have both one goal and understanding about their financial situation. They must discuss each other what is their goal, how to achieve this goal, how they will plan to budget their income and make a saving and all matters regarding their financial. Without discussing and planning it in the end not only your financial will suffer, but your relationship too.


Photo Credit:paperblog.com

         It is normal for a couple that they have some argument regarding financial problem or let say they have some misunderstanding about “Money”.  If one of you don’t have an idea or understand what their spouse doing, then conflict may arise. But don’t let this argument come to worse instead make it as a challenge to strengthen your relationship. Discussing and planning your finances together with your spouse will give a great benefit in your relationship. It enhances your bonding and gives an enthusiastic effect in your relationship. Being openness to each other and have an open mind is the key for it. Sometimes, I know you can’t avoid disagreement, but the secret here, avoid saying something that could make offend for both of you. Also, both of you must have patience when argument arises and make your tone low with compassion to each other.



Additionally, I will share with you a video from ANC On The Money... ↓




          Let me end up my article, with some few questions. Did you and your spouse have both the same set of mind with regards to your finances? I mean, are you both aware about Saving, Budgeting, handling your Income and also in Investing? Did you both discuss and plan how you will manage your income? Or you just let one of you to handle this matter? Hmmm! Feel free to comment your answer or idea to give additional information to others.


          I hope you get some tips on my blog about saving, budgeting and investing and again Thank you for visiting my blog and see you in my next post. May god bless you!


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P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

4 comments:

mina said...

Hello Marvin, it is so timely that i have enrolled in the Truly Rich Club and now on the processing of sending our application form to COL when I came across your blog. I've been reading a lot of infos regarding TRC and COL and I know I need to read and learn more. Think I need to spend a day to read all your blog believing that this will help me get answers to my questions :-) More power to you and happy investing! :-)

Marvin Carpio said...

Hi mam mina, thank you for visiting my blog and I'm glad that my blog
gives you idea & information about TRC & COL.. God bless also to you and good luck in your
journey in investing... :)

GM Christian said...

Gud day dito poh ako sa abroad plano ko poh na nagopen ng account sa col joint account poh. Pede poh ba na ung partner ko nalang ang punta sa office dala ung mga files and requirements namen? Isesebd ko lang poh sa kanya ung form and ids na me sign then xa na bahala mag punta sa office for registration.

Marvin Carpio said...

I'm not so sure but alam ko pwedi un, to be sure tell to her to visit COL Financial office and also to attend their free Stock Market Seminar as well... :)