Balance is the Key

In most marriages, one spouse is a ‘Saver’ and the other is a ‘Spender’.
This dynamic can create tension, but in reality it’s the key to financial harmony.
Step #1 is acknowledging that both roles are essential – it’s the balance that creates the magic.

For Savers:

Recognize that expenses aren’t inherently bad! Spending $ is how we experience life.
Imagine stockpiling money without ever spending it – life would be dull and your family would be miserable.
Your Spender spouse brings joy and experiences into your home.

For Spenders:

Saving isn’t just an annoying chore; it protects your family from serious financial problems.
Without your Saver spouse, you'll find yourself in a financial crisis.
To make the concept easier, think of saving also as spending – it's just a question of spending it now or spending it later.

The Bungee Jump Analogy:

Consider a bungee jumping scene. 1 person is too terrified to jump & needs a push to experience the thrill.
This is the Saver. They need the Spender to push them off the bridge occasionally to enjoy life’s experiences.
On the flip side, imagine someone overly excited to jump without securing their harness. They’ll get the thrill but with a potentially tragic end.
This is the Spender. The Saver ensures the harness is secure, making sure the thrill doesn’t end in disaster.

Finding Middle Ground:

When both spouses recognize their need for each other, it becomes easier to find middle ground & work together towards financial goals.
So whether you’re a Saver or a Spender, remember that your differences can be your greatest strength!