Couples who argue about money have a far greater chance of divorce. Avoid issues from the beginning using open communication along with a strictly enforced budget.

Plastic wedding couple on a pile of coins - budget concept Issues concerning money are a leading cause of divorce. Prevent the strain that comes from financial instability by taking control of your budget as a couple. Work together to fight the battle against money instead of fighting each other.

Hey Money, we need to have a talk.

There is no way to avoid money.  Earning and spending is the reality of the world we live in today. It is no secret that money is the cause of a lot of our own stress: where to get money, how to spend it, and, dear God, how to save it. These issues are inevitable, but why let them create arguments in your marriage? You are already fighting one battle, don’t let it turn you against your strongest ally. The earlier you confront the issue of money as a team, the earlier you can defeat one of the main and most distressing issues in marriages today and avoid that terrifying possibility of separation. Financial issues put a huge strain on your marriage. You may not see eye to eye about spending, but you still need to work together to create a joint budget for the income in your home and be completely transparent about your spending. This will allow you to avoid issues regarding money and resolve the issues that have already occurred. Always remember what you work so hard to preserve. Why throw away such a precious bond that has created so much beauty in your life?  Money isn’t everything after all.

Creating a budget together.

Making a budget as a couple is a great tool you can use to stop the frustration of wondering where all the money goes at the end of the month and will help you to work together to reach financial goals that you have been trying to reach on your own. Getting started, you need to sit down and review your current financial situation in depth. Start with collecting your incomes, Combine your pay stubs from last month and write down all their totals. If your income is consistent, it will be easier for budgeting, but, don’t worry, you can budget for fluctuations in your income as well. Then, look at your spending. Collect all of your bills. You can start with communal bills like rent, but make sure you also collect all of the personal finances like your golf club membership or subscription to home magazines. The next things you will have to account for is spending. Estimate or pull up last month’s credit card statement to look at about how much you spend on food and gas or personal shopping. Lastly, you will need to discuss savings, how much you have, how much you put away each month, and what you are saving towards or where you invest it. Just like when you make a personal budget, you will compare the income to the expenses and adjust until your income supersedes the expenses. You will have to decide as a couple what to keep and what to abandon to reach the financial goals you have. Now, instead of reaching these goals yourself, you will reach them together. You will know where all of your money is going and will have already accounted for personal spending too. Now there are no surprises at the end of each month. You can rest assured knowing that all your important bills are already accounted for and know how much extra you have to spend on yourself. Having a budget will create a scenario where resentment over spending your own money is obsolete because you have merged your total household income and know that your money can cover all of your necessary expenses.

Taking down the magic curtain forever.

Creating a budget is a great tool and will help to prevent resentments over money in your relationship. But to do it correctly, you will have to be completely transparent about your spending and your financial situation. Studies show that about 30 percent of people are dishonest about their finances and estimate that about 50 percent of divorces are related to financial issues. That being said, do you not agree that full disclosure is pertinent to the success of your relationship? Full disclosure means that you break down the debt, the bills, and ALL of your personal spending. No secret student loans lingering around waiting to be paid back or splurging on expensive “mental health excursions” at the spa without accounting for it. This is not to say you can’t indulge, but you need to be upfront about the extent of your financial obligations. Budget preemptively for personal expenses and be ready to give up what is unnecessary when it is important to the financial stability of your household. Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.