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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Compromising is Key.

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2012 Financial Goals

Family Balance Sheet

On Christmas day, my husband and I spent 4 hours together traveling in a car to visit his family. We talked through some issues and opportunities for our business and our personal, family, and financial goals. We talked through some issues and opportunities for our business and our personal, family, and financial goals.

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Our Big Financial Goal for 2016

Family Balance Sheet

It has been my obsession goal since we found ourselves in a dicey situation back in August 2013. That was the month I didn’t know if we had enough funds to cover our expenses. Thankfully, we have worked through those trials and the experience actually made a positive impact on our finances. Home Projects.

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Create your debt freedom plan

Family Balance Sheet

Dave Ramsey has a plan and it has worked for millions of people. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business. He calls it his 7 Baby Steps.

Debt 130
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2019 Debt Freedom Plan Update

Family Balance Sheet

Our 2019 Financial Goal. Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We can now move on to other financial goals. 1st Update in June 2014. 2018 Update.

Debt 100
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My Life Plan

Family Balance Sheet

And while we have a lot of work ahead of us, we keep moving forward. As part of Prudential’s Women Inspired campaign, I was encouraged to think about my dreams detailing my long-term goals and aspirations. I broke my goals into two categories: Financial and Personal. Contribute to our retirement funds.

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Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? My husband and I discussed some ideas over our holiday break and we decided on 2 solid must-achieve financial goals for the year. If we complete them early, we’ll move on to 2 additional goals that are on our radar. Save a starter Home Emergency Fund.