THE CHEAPSKATES CLUB
  • Home
  • Join the Club!
    • Twenty Reasons to Join the Cheapskates Club
    • Gift Memberships
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • Handmade Christmas Central >
      • Handmade Christmas 2025 is about to start
    • 31 Days of MOO Index
    • Articles
    • Back to Basics >
      • Back to Basics
      • Back to Basics Index
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
  • SAVING REVOLUTION
    • 2025 Saving Revolution Index
    • Saving Revolution Resources
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2025
  • Saving Money
    • Bill Paying System
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files
Sentry Page Protection
Please Wait...

How to Stop Fighting Over Money

Picture
Disagreements over finances are commonly cited as the primary cause of divorce. Even the kids can get in on the argument when it comes to clothes, video games and toys. Avoiding money-related fights can enhance the level of harmony within the home, something we'd all like to do.

If your home is suffering from money disharmony there are a few simple things you can do to minimize the disagreements.

1. Understand your attitudes regarding money. It's possible you grew up in a wealthy home, and your spouse didn't. You might value saving over spending, and your spouse is the exact opposite. If your wife grew up wearing the clothes her older sister outgrew, she might place a high priority on buying new clothes regularly. Your husband might value having a brand new car because his family could only afford cars that were over 10 years old.

Understanding your differing views can help you find middle ground regarding finances. Those new clothes or car might mean more to your spouse than you realize.

2. Include everyone in the budgeting process. There aren't many of us that enjoy being told what to do. Creating, imposing and enforcing a budget without input or explanation inevitably causes animosity.

Have a meeting with the entire family and go over the budget. We included our children in our budget planning from about four years on. They didn't have a say as such, but they learnt that there was only so much money and it had to stretch to pay a lot of bills, buy their food, clothes and toys. Yes, we included a "toy" category because it was something they could understand and relate to. When there was enough money in the envelope we could go toy shopping. As they became older we still went over the budget with them, and they had a little input with the discretionary part of our spending plan. When you provide an opportunity for everyone to give their opinion and ask questions everyone will be more likely to stick to the budget.

3. Discuss major purchases with your spouse. Coming home with a pair of $50 shoes is one thing. Towing a new boat home without a discussion is an entirely different situation.

Have an agreement that all major purchases will be discussed beforehand, minimizing surprises helps to keep the peace. . We have the $100/24 hour rule and we both stick to it.
 
4. Schedule regular family budget meetings. A 10-minute meeting once a week should be sufficient. Go over the spending for the week and compare it with your current budget plan.  Discuss how the spending is matching up with the plan. Any corrections or adjustments can also be addressed.  It can also be a convenient time to see if anyone has any unbudgeted expenses coming up.

5. Give everyone an allowance, including you. Many financial disputes come down to someone feeling a lack of freedom or control. Providing everyone in the household a few dollars to spend any way they desire can be helpful. Having to get permission before every little purchase can create resentment and often leads to budget blow-outs.

6. Have some common financial goals. Everyone in the house is likely to be more agreeable to a reduction in spending if it's being done to reach a desirable goal, such as a holiday. Saving for a dream house, retirement or school fees can put everyone on the same page. Set, pursue and achieve goals together.

7. Think before you speak. If your spouse has run up the credit card again, take some time to get your emotions under control. Share your displeasure with them, but leave your emotions out of it. If you focus on the behaviour rather than the person, you're less likely to make someone defensive.

Fighting over money is a common occurrence. With patience and understanding, most arguments over finances can become a thing of the past. Include the whole family in the budgeting process and review the family's spending on a regular basis. Your family will thank you for it.


About Cheapskates

Getting Started

Tools & Guides

Follow Us

Cath's Story
You Really Can Live on One Income
Join the Club!
Site Information
Contact
Begin here
Newsletter Archive
Journal Archive
$300 a Month Food Challenge
Forum
Cheapskates Tip Store
Cheapskates Recipe File
Tip Sheets
Facebook
YouTube

Copyright ©2001 - 2025 The Cheapskates Club, All Rights Reserved
  • Home
  • Join the Club!
    • Twenty Reasons to Join the Cheapskates Club
    • Gift Memberships
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • Handmade Christmas Central >
      • Handmade Christmas 2025 is about to start
    • 31 Days of MOO Index
    • Articles
    • Back to Basics >
      • Back to Basics
      • Back to Basics Index
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
  • SAVING REVOLUTION
    • 2025 Saving Revolution Index
    • Saving Revolution Resources
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2025
  • Saving Money
    • Bill Paying System
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files