Share Responsibility – Financial Literacy Spending Series

If you are single, you must take responsibility for your spending habits. You have to come to terms with the fact that you got yourself where you are because of the spending decisions you have made, and you are the only one who can make the decision to change.

If you are in a relationship, however, you need to share both the responsibility of where you are financially and the responsibility of making changes. It is easy in relationships to play the blame game, but you shouldn’t, especially when it comes to money. This is not the time to pit yourselves against one another and see who wins, that will only lead to more problems. You are both in the relationship, and are equally responsible for where you are financially.

The next part, is that you need to share responsibility for the changes that you need to make. You should work together to create the spending plan. Each person should track their own spending, and each month you should sit down and make decisions together about where adjustments need to be made.

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