Money and Marriage Accountability

Are you guilty of asking your spouse questions about things that he or she might of bought?  Questions like, “how much did this cost?” or “why did you buy that?”

I’m as guilty as anyone else when it comes to spending and asking questions.

So today I’m teaching you how you and your spouse can get on the same page with your spending using one of the best financial tools available.

This tool is a credit card.

I know most financial planners or gurus will tell you that credit cards are bad, and to cut them up, never to use them again.

Well I’m here to say that credit cards are one of the BEST financial tools on the market…if you use them correctly.

Here’s why…

You both can track everything you buy with a credit card.  This creates ACCOUNTABILITY.

You and your spouse can monitor your spending and stay on budget.  Not to mention all of the perks like frequent flier miles, cash back, extended insurance coverage on purchases and the use of your money for higher purposes.

The key to making this work is to pay your balance in full a day or two before the finance charge kicks in.

And only put purchases on the card which you can pay fully in the short term.

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