Tuesday, October 28, 2008

Can savers and spenders stay married?

This is one of the life's toughest question. Just like water and oil, spenders and savers seems in nature do not meant for each other.

But love is also blind. So the question is if both spender and saver meet and fall in love to each other and willing to take the path down the aisle will their marriage last forever?

So the answer- according to Reader's Digest is YES (hooray!!)

According to experts though disagreements over money are leading cause of divorce it does not mean that it will be the end of their marriage. However expect lots of work because you are married to someone who has opposite philosophy towards money than you.

Always talk in terms of "ours" instead of "mine" or "yours" and work to your strength.
The saver should draft the budget and the spender gets to be in charge of holidays and celebrations.

Anyway, just wondering in this testing time of economic turmoil will there be any spenders left?