Help for families with money troubles in Nespelem, Washington
For people in Washington, individual/ household debt levels continually raising the pressure on married lives in continually increasing with just about half of married couples fighting over financial issues, which makes economic problems in marriage the most marriage problems.
As the saying goes ‘money is what makes the world go round’ and not being able to spend money on the things you wish to spend it on significantly increases the levels of stress in a marriage for residents of Nespelem.
Remedy for Fiscal Challenges In A Marital relationship
It is particularly hard when couples:
• first get together after having it easy living at home,
• have only had to think about themselves before,
• have a baby to think about,
• have been used to good incomes and are then hit by difficult times or
• have just let their debt get out of control.
Living in Nespelem, having enough money to spend is very important and it is so easy for spending to get unmanageable. I know so many people who just spend and spend, leave nothing for a rainy day and get deeper and deeper into debt. They often look at me and wonder why I don’t have any financial issues, well that one’s easy, I have never spent more than what I have earned and never spend all the money I have. I always keep a little back and it avoids all the stress when that unexpected bill comes in!
When money is short stress levels rise and with increased stress levels comes the constant bickering, the blame culture and other relationship issues start to arise. Financial problems in a marriage just compound marital problems and small things that were never previously an issue start to come to a head.
When husband and wife do not have the same opinions as far as the family finances are concerned, financial problems in a marriage become a far greater issue. Partners need to understand that personal finances need to be managed, expenditure planned and bills met even in harder times according to statistics in Nespelem, Washington. Families need to learn to focus on the real issue at hand, which is money, and not start picking at other aspects of the marriage which wouldn’t have previously been a problem.
I’m not saying it’s easy, trying to get your spouse to curb their spending habits is difficult especially when you can’t see light at the end of the tunnel but, if you don’t take control of your finances the problem will just escalate and escalate until it is totally out of control.
It is easy for those living in Nespelem to try to keep up with the neighbors and spend more than they should. You have to stop living beyond your means, take control of your finances now and make sure you understand what cash is coming in and what is going out. Write it down, see it in black and white and then eliminate as much of the unnecessary expenditure as you can possibly cope with.
If one or both of you have bad credit, consider using an ethical Dave Ramsey Financial Coach, like at Operation Care, to help you remove inaccuracies or out of date information. One of these financial counselors can help you increase your credit score, before you merge your finances in the marriage. Financial Coaching is available in Nespelem, Washington by video conference, telephone and via the Internet.
Set your budget so you can cover repayments plus a bit more (contingency), find ways to cut back and stick to it. If you can cope with paying the loan back quicker then do it. It may be hard in the short term but in the longer term it delivers exceptional rewards. Remember, higher repayments means less interest and more money in your pocket at the end of time!
Oh, and if you want to resolve financial problems in a marriage don’t forget one golden rule that will sort your finances out that much quicker – limit credit cards, if you have to have one then limit it to the one and always, and I mean always clear the balance at the end of the month.
Do not leave debt on your charge card in an emergency and of course its 0% interest– remember 0% is only a short term rate. Again don’t get caught out with fine print and end up paying interest on everything you buy — transfer your balance onto a new card, make use of the 0% finance but don’t buy anything else using that card.
If you cannot follow the rules and only spend what you can easily clear at the end of each month destroy every card you have. Don’t increase debt.
If you wish to save your marriage resolve those debt problems before they take over your life. We recommend taking Dave Ramsey’s Financial Peace University (FPU) before you get married or as soon as possible after you get married. A Master Financial Counselor can help you work on a budget and a debt snowball.