Monday, January 21

Are you financially fit?

Finances can be an area of struggle for many of us. With that in mind, I recently wrote a blog post for Bridging the Gap about the financial journey my husband and I have taken in the last few years, along with some simple tips on how finding ways to involve your family can make all the difference. Here's a preview:
My husband and I don’t see eye-to-eye on finances. Oh, when it comes to the big picture, we do. He knows that if he unexpectedly comes home with a new Playstation, vehicle, or ATV, he’s in trouble. Similarly, I know that I can’t go on a shopping spree to buy endless amounts of clothes for our two children, no matter how much I may be “saving” because of great after-Christmas sales.

But the way we approach finances is vastly different.

His economics degree means that he has a wealth of knowledge and experience on the finer points of money matters, whereas my background in English means I can wax eloquent on Jane Austen a lot more easily than I can talk about asset allocation.

He has sophisticated spreadsheets to distribute ingoing and outgoing funds, while my portion of the budget is spelled out on a bare-bones, pared-down version.

He keeps meticulous care of all of his receipts, whereas mine always seem to get lost in the depths of my purse somewhere between boxes of raisins and baby wipes.

Want to read the rest? Here's the link.

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