Budget Hater

Communication is the Key to Prosperity

Posted by Aaron Coleman
Aug 31, 2013

I am excited about today.  It is my 16th wedding anniversary.  Hard to believe.  I certainly don’t feel that old.  It doesn’t seem like we’ve been married that long.   When I step back and think about it, it’s hard to imagine a better 16 years. 

I think back to when we were first married.  We were fortunate to have very little debt.  My wife had a student loan and I had a little credit card debt.   For whatever reason, this debt didn’t sit well with us and we decided to knock it out as quickly as possible.  We worked the credit card first and then moved on to the student loan.  It was really our first lesson in the power of setting a goal together.   We didn’t intentionally approach it that way, but looking back, that is exactly what we did.  

We also struggled that first year in our spending.  We were both working and creating income, but had no plan on how to spend it, i.e. a budget.  We tried multiple budget tools that simply did not work to our satisfaction.  We ultimately came up with the concept that later turned into the genesis behind Winning With Money. 

The most important thing that came out of that process was the two of us learning how to communicate effectively with our money.   Money is hard enough for one person.  Put two people together and two separate incomes and BAM!  You have an explosion waiting to happen.  That is exactly what happens to so many married couples around the world.  Money has the ability to drive a huge wedge into a marriage.  But it doesn’t have to.  In fact, money can be a tool that helps create peace and fulfillment if a couple is willing to communicate about their needs, expectations and goals.

The crux of this starts with open and honest dialogue with your spouse.  A couple needs to first understand where they are financially.  A clear understanding of what you are spending, saving, wasting or putting towards debt.  Once you have this understanding, you can truly begin to make a plan that works for each of you.   And once that plan is established, practiced and put into place, the real fun begins: The chance to set goals together.  Vacations, college funds, buying a home, eliminating debt, investing, etc… These all become attainable once a path is set and goals are agreed upon.  Two focused people working towards a common goal is a tough force to stop.

One word of caution: It’s not easy.  It takes effort to talk through your finances when you really don’t want to.  It takes sacrifice to set a budget and live by it.  It takes hard work to make the kind of income you need to attain your goals.  And that’s OK.  Nothing worth achieving ever comes without some blood, sweat and tears.

We are all about helping people achieve their dreams through the practical applications of simple processes and effective communication.   Whatever path you are on in your life, talk often, live honestly and set awesome goals - together.  

Aaron Coleman

Winning With Money

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