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Hannah is extremely disciplined with her money. She keeps track of every cent, saves regularly, and maintains a strict budget. She is proud of her spending habits because she knows exactly where her money is going. These habits lead her to feel financially secure and satisfied. Josh, on the other hand, tends to use his money impulsively. He does not like to budget or save very much, and his financial situation often stresses him, leading him to feel financially frustrated. What happens when these two mindsets come together in a relationship? Would their finances follow Hannah’s financial expertise or Josh’s haphazard ways? According to research, there are certain outcomes that these two lovebirds could potentially expect.
4 Min Read
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For religious individuals, their faith is one of the single most influential factors in their lives.[1] In many faith traditions, it is required or encouraged for their members to contribute their time, efforts, and money freely (religious giving)—but how do individuals really feel about religious giving, and how does that affect their marriages and families? One qualitative study by Dr. Loren Marks and colleagues answered that question by interviewing 184 highly religious couples about their beliefs.1 In this article, we will discuss some themes encompassing how couples viewed their sacrifices as giving, how the faith community supported them, and the relationships between marriage, parenting, and finances.
6 Min Read
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Picture a newlywed couple, hand in hand, walking into their first home together. Beneath their smiles lies a hidden challenge: balancing their roles and responsibilities as they build both their relationship and their financial future. In the recent article, On the Same Page? Newlyweds’ Agreement About Shared Power Predicting Financial Management Behaviors Through Marital Commitment[1], distinguished scholars suggest that the way a couple navigates their marriage might also predict how they navigate their finances. Many assume that financial behaviors (e.g., paying your bills on time, or saving money from every paycheck) are a central driving force for romantic relationship outcomes.[2] However, research suggests that the ability of couples to maintain balance and commitment may also shape newlywed relationships, with financial behaviors serving as an outcome of these dynamics.
5 Min Read
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