By: Hollie Kowalski
Encompass Outreach & Event Coordinator
There is a reason the phrase “for richer or poorer” is included in the marriage vows. Money is the second leading cause of divorce (behind infidelity.) Regardless of how much you love your spouse, money can be a major source of frustration and contention in a relationship… especially when you love to shop and OH, HOW I LOVE TO SHOP! I love it even more when there is a good deal to be had! I mean who can resist a “like new” accent chair in the exact color of the living room for HALF the original price? (Not me.) My dopamine receptors go crazy when I click that Marketplace tab and find aaaall the things!
My easy-going husband is so good to me. He loves to hear excitement in my voice. So, when I start to talk about all the great deals I’ve found during the week on Marketplace, it’s cute and makes him giggle… until it doesn’t. When it’s time to get serious about saving money, I steer clear of the Marketplace tab. Here are a few suggestions that you might find helpful as I have, when I am trying to save money:
The theme for August posts will be Finances/Money in Marriage, which seems to be a common issue between spouses. This post is a bit longer than usual and comes from Ron Blue, a financial planner and consultant for more than 30 years with some excellent tips.
Here is the summary of Ron Blue's post as well as an outline of the content.
"Teaching kids about money is a matter of sharing your ideas and values with your kids as you go through the routines of daily life together."
Motivation: The current cultural climate
Foundation: Biblical perspectives and principles
Application: Putting beliefs and ideals to work
Method: "As you go" while teaching kids about money
Our appreciation to Ron Blue for this content.
The theme for August posts will be Finances/Money in Marriage, which seems to be a common issue between spouses. This post is a reprint from September, 2020.
By Lavern Nissley
Encompass Executive Director
Spender. Saver. Risk-taker. Security seeker. Flyer. All ways of how people are "wired" around money.
Even as there are behavioral personality characteristics such as outgoing, reserved, confident, calm, etc., there are also personality types related to our engagement with money and financial management.
Differing money personalities can create disagreements and even major conflicts in marriages, families, groups and organizations. But learning your own money personality(ies) can bring insights and more realistic expectations. Discover your money personality in about 3 minutes through a FREE online assessment that we've developed for use in The RINGS Experience.
The theme for August posts will be Finances/Money in Marriage, which seems to be a common issue between spouses.
By Lavern Nissley
Encompass Executive Director
"Money is the root of all evil", right?
Wrong. It is the LOVE of money that creates problems. Ronda and I have watched this play out dozens of times on Dateline, the NBC show of 31 seasons that specializes in "compelling mysteries, powerful documentaries, and in-depth investigations." Typically, one or both partners are on a trajectory that has them loving money or pursuing sex outside of the relationship and ending in murder.
But marriage and money CAN go together well, provided that the following tips are followed. If implemented, we can almost guarantee that you won't end up on Dateline!
Ronda is the little girl sitting on her Daddy's lap.
By: Ronda Nissley
A year ago, I gifted my 92-year-old father a Storyworth subscription for Father’s Day. Each week, he was given a question to which he could respond or simply write his own story. Although we’re still working on completing and editing the stories into their final format, I’m sharing one that has given me a renewed appreciation of the huge responsibility he carried providing for a family of nine children.
By Tessa Stump
For years I have been terrified to parent. When I picture raising a child, I picture having a guest in my home for 18+ years. Someone whose happiness dictates all of my decisions and priorities. Notice I said happiness, not holiness. My husband and I want children, but at the same time this type of existence is pretty terrifying.
By Encompass Outreach Group
Marriage is the combination of two individuals into one union, so why not combine your finances as well? While it may seem like an insignificant aspect of your marriage, combining finances can be very beneficial. In addition to making it easier to access your money and pay for things, combining your finances after marriage builds trust, promotes honesty, and shows your commitment to the life you have started together. You also display that you agree on your goals and how to achieve them. Here are some actions to take to combine your finances after marriage.
Lavern & Ronda Nissley are co-directors of Encompass. Married since 1978, both enjoy coffee, riding their tandem bicycle and working together to build strong relationships.