Most couples will tell you that money is a chief source of stress in their relationship. To help ease the tension, allocate part of your budget to “blow money” that you can each spend at your discretion.
Photo by Andi Sidwell
As frustrated personal finance blog Save Money, Dammit! suggests, if you and your partner both have an allotment of money that doesn’t need to be justified or explained, you’ll have less reason to argue with each other. The idea is that this money comes with no attachments and no judgements, and it’s only spent from any excess, so the important stuff already gets paid:
If you have your own little slice of money to blow, you’ll be less likely to hold animosity toward one another for that impromptu video game or shoe purchase. When it comes to your relationship and your money, you need your space.
How much you decide to put in this budget depends on your circumstances, but ideally the amount will be the same for both of you. If either person needs more for a personal purchase than they get in a month, either they can save up over time, or both of you can discuss it together.
Ease Your Financial Stress in a Relationship with “Blow Money” [Save Money Dammit via Rockstar Finance]