Valentine's Day can complicate finances
Love is in the air! It's almost Valentine's Day. Everyone is giddy and in a romantic mood. But for some, this may spell doom especially for the couples that are never on the same financial page.
I'm glad DH and I are pretty much on the same page with our perspective towards money and the way we handle our finances. But I do admit turbulent times during our dating years and early marriage life. We'll be celebrating our 3rd Anniversary in October.
We recently refinanced our house so I was able to get a report on my credit score. Mine is 805 and DH's is 780. I believe the reason for my high score is due to a luxury vehicle I had financed 6 years ago. It was later paid in full shortly after. This may have contributed to a bump in credit score and also by paying off my credit card in full every single month.
Looking back, we did not enter into a marital agreement until we both made decent money. Our income has doubled in this 3 year span. Not just that, we did not commit into buying a house together until we both had stability in our jobs, comfortable incomes, and a decent down payment.
We fight about money from time to time. DH feels I spend money frivolously. He was raised with a conscience to spend money wisely and carefully. He does have his occasional splurge here and there but not as often as I. Although he makes around 60%of the income, I admire him with his money principles because he can easily afford to spend recklessly, but he doesn't. Therefore, we make a great team together. I remind him to spend sometimes while he motivates me to save a bit.