This woman, unfortunately, was no exception.
After her partner insisted they buy a new house together, shes been working hard to pay it off.
Shes already spent thousands on repairs, and now theyre clashing over how much she should be saving.
Exhausted and unsure how to handle it all, she turned toMumsnetfor advice.
see to it youre on the same page!
Have regular financial check-ins, says Micklewright.
Money date nights we like to call them.
Talk about anymoney worriesor struggles you have.
Discuss expenses, current outgoings, savings, and your financial goals.
This builds transparency and trust.
To stay motivated, set individual and joint financial goals.
This could be things like saving for a home, a holiday, or a car.
It gives you both something to work toward, Micklewright explains.
Practice mutual respect, Micklewright reminds.
You may have different views and outlooks on certain financial points.
Find a compromise that works for you both.
see to it you know where your financial health is at, says Micklewright.
Avoid rushing the decision.
Weigh your options and consider whats best for you.
But there are ways to approach it more comfortably.
Set a personal budget for spontaneous spending, suggests Micklewright.
I like to have a sinking fund called fun money.
This is money I can spend on anything I like, but once its gone, its gone.
It lets you enjoy spending without dipping into funds you cant afford to lose.
you could always say no without actually saying it.
Being honest about your financial situation manages peoples expectations of you, she adds.
you’re able to simply say, Imfocusing on savingright now.
Anyone important to you should respect that!
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